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Godrej & Boyce strengthens market presence in North India contributing
Chandigarh branch of Godrej Material Handling is growing at 15% CAGR since FY22 contributing 7% of the MHE business in the North.Read more
Steelbird India invests Rs 250 cr in new helmet manufacturing plant
The Company aims to meet the increasing demand for helmets and enhance its production capacity with the facility to be established in Hosur, Tamil Nadu.Read more
Himachal Pradesh enforces 80% local workforce rule in industries
Himachal Pradesh's industry minister, Harshwardhan Chauhan, declared that industrial units failing to comply with the government's directive of having 80% local workforce will be denied incentives.Read more
Philips expands personal health product production in India
Philips' manufacturing presence in the country extends beyond Baddi, Himachal Pradesh, as they also operate a co-manufacturing facility in Silvassa Union Territory.Read more
India has moved up with two spots in machine tool production worldwide
Indian Machine Tool Manufacturers' Association (IMTMA) is the apex industry body for the machine tool sector in India. Rajendra S Rajamane, Vice President, IMTMA in this interview talks about the production growth and export achievements of Indian Machine tool industry. Indian machine tool production has reached around Rs 11,956 crore in FY23, he mentioned during the interview.Read more