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Indian Railways offers big opportunity for suppliers with Rs.2.65 trn capex
With Rs. 2.65 trillion capex in 2024-25, Indian railway sector presents a big opportunity for suppliers because of Vande Bharat, rising wagon demands (due to dedicated freight corridors), investments in high-speed trains & tracks, etc, says Rakesh Rao.Read more
50 new plants to be established under pharma and medical device PLI scheme
In the first five months of this fiscal year, the pharma and meditech sectors have become the fourth largest manufacturing export sector in India, following automotive, petrochemicals, and electronics. Read more
GE Aerospace plans significant increase in component sourcing from India
Currently, approximately 1,300 GE Aerospace and CFM engines are operational within Indian carriers. Beyond commercial aviation, GE Aerospace’s defence systems are vital in India, powering platforms such as the Indian Air Force’s Light Combat Aircraft (Tejas Mk1) and various naval aircraft and battleships. Read more
Sanjiv Garg: DFCs have improved turnaround time for freight trains
In this interaction with Rakesh Rao, Sanjiv Garg, Secretary General, Chartered Institute of Logistics & Transport (CILT), highlight Indian Railways’ transformation in the last few years. Read more
Vande Bharat trains hold significant export potential: Moonish Ghuge
In this interaction with Rakesh Rao, Moonish Ghuge, President, Traction division, Motion business, ABB India Ltd, highlights on how heavy investment in the railway sector is creating business opportunities for OEMs and their suppliers.Read more
Sun-powered success
The intermittency of solar and wind energy poses another challenge, as large volumes of renewable energy must be integrated into the grid.Read more
Importance of preventative maintenance in industrial settings
To enhance the effectiveness of preventative maintenance, industrial facilities are increasingly turning to advanced technologies such as thermography.Read more
Dow India appoints Siddhartha Ghosal as new country president
He will be taking over from Chandrakant Nayak who will be retiring by end of this year.Read more
Himadri Speciality Chemical targets 18% market share in carbon black by FY26
The company is investing approximately Rs 2.2 billion in this expansion, which will more than double the capacity of its specialty carbon black line to 130,000 MTPA.Read more
IMS and its significance
With the implementation of the IMS, changes in GSTR-3B format can be expected. Read more