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Indian industries hit hard: Unplanned downtime costs mn, urgent shift needed

A recent global survey titled Read more

NBC Bearings partners with FOGTEC to supply for Indian Railways

NEI will be responsible for business promotion of FOGTEC products including Supply, installation, and commissioning of the product for Indian Railways.Read more

1st edition of Machine Tool Connect Expo in Kolhapur saw significant presence of regional industries

The first edition of Machine Tool Connect Expo Kolhapur (MTX Connect Kolhapur 2023), organised by the Indian Machine Tool Manufacturers? Association (IMTMA), on October 8 and 9, 2023 at the Pavillion Hotel in Kolhapur.Read more

Rajendra Rajamane and Mohini Kelkar to lead IMTMA for 2023 - 2024

Rajendra S Rajamane, Managing Director, Rajamane Industries Private Limited was elected as the President of IMTMA for the year 2023 - 2024.Read more

Kirloskar Ferrous Industries acquire Oliver Engineering for Rs 110 cr

Last year, KFIL acquired a majority stake in Indian Seamless Metal Tubes (ISMT) for Rs 476.63 crore, solidifying its position in the market.Read more

OMC and Hindalco join forces for Odisha's industrial growth

The deal is signed in the presence of Chief Minister Naveen Patnaik. It aims to accelerate progress on the construction of a two-million ton alumina refinery in Rayagada.Read more

CDIIC, SIDBI partner to boost Coimbatore startups with Rs 2 cr funding

The Codissia Defence Innovation and Atal Incubation Centre (CDIIC) has entered into a funding agreement with the Small Industries Development Bank of India (SIDBI) to support startups incubated at its Coimbatore facility.Read more

Reliance Industries unveils EV battery tech for clean energy future

The company unveiled swappable batteries for EVs that double as power sources for household appliances via inverters during a renewable energy exhibition.Read more

G20 commits to boost MSME Sector: Eased regulations, access to capital

The New Delhi Declaration, adopted recently, recognises startups and Micro, Small, and Medium Enterprises (MSMEs) as natural drivers of growth, essential for driving innovation and employment.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

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