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Indian govt develops Rs 120 bn PLI scheme for heavy machinery in mining, construction
Ministry of Heavy Industries is presently soliciting input from the industry regarding the scheme's product scope, implementation strategy, and the extent of incentives it should offer.Read more
Serentica secures Rs 2600 crore funding from PFC for its renewable energy projects
Funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid renewable energy projects in Karnataka.Read more
Tata Power Solar, SIDBI sign MoU to offer easy financing to MSMEs for solar adoption
MoU signed in the presence of Union Minister of State for Finance, Dr Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai.Read more
Anand Group enters in a joint venture with Korea’s HL Group
This strategic partnership is set to double the size of the Indian conglomerate's aftermarket business while concurrently enhancing the Korean entity's presence within India.Read more
French syrup company, Monin announces Rs 300 cr investment in India
This substantial investment in Monin India Pvt Ltd will be sourced directly from the family-owned French enterprise.Read more
ESR Group invests Rs 360 cr in Cuttack Logistics Park Expansion
This strategic move aims to facilitate the development of a state-of-the-art logistics park known as the ESR Cuttack Logistics Park.Read more
India accelerates drive for homegrown solutions for marine gas turbines
This urgency stems from the disruption caused by the conflict in Ukraine, which has affected Zorya-Mashproekt, the primary supplier of MGTs to the Indian Navy.Read more
Hindalco, Metra partners for high-speed aluminium rail coaches in India
The primary goal of this collaboration is to facilitate the production of large-scale aluminium extrusion and fabrication technology.Read more
India's July industrial output soars to 5.7%, defying expectations
This latest figure, based on the Index of Industrial Production (IIP), marks a five-month high and surpasses the consensus estimate of 5%.Read more
Royal IHC inaugurates manufacturing facility Taloja, Navi Mumbai
Distinguished guests from Dredging Corporation India, Adani, Pelagia Marine, and Knowledge Marine graced the occasion.Read more
