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ICEMA annual industry results for FY 2022-23 shows 26 per cent YoY growth

Indian Construction Equipment Manufacturers' Association (ICEMA) released its industry result for the FY 2022-23. The results shows construction equipment sales grew 26 per cent to cross 1 lakh mark with 28.5 per cent growth in domestic sales YoY, and 3 per cent growth in exports.Read more

Tata Motors launches its registered vehicle scrapping facility, Re.Wi.Re

Union Minister Nitin Gadkari inaugurated the registered vehicle scrapping facility (RVSF) Re.Wi.Re – Recycle with Respect, by Tata Motors in Jaipur Rajasthan. The world-class facility has a capacity of 15,000 vehicles per year and follows eco-friendly processes for the safe and sustainable dismantling of end-of-life vehicles.Read more

Terex India showcased latest products at Bauma CONEXPO INDIA

Terex India, a global manufacturer of materials processing and lifting machinery unveiled eight new products for the Indian market at Bauma Conexpo India, Delhi. Minister of Road Transport and Highways, Nitin Gadkari inaugurated the electric driven Finlay 690i at the event on February 8.Read more

Is this good news for the Indian auto industry?

It appears that the Indian auto industry has deftly handled the covid related adversities, and has come out a winner. It remains to be seen how this will be continued into the future years, says R Jayaraman.Read more

Tata Motors to set up vehicle scrapping facility in Maharashtra

Tata Motors, India’s largest commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, through the Industries, Energy and Labour Department, Government of Maharashtra, with an intent to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Maharashtra. Read more

Nitin Gadkari becomes brand ambassador of eco-friendly Khadi Prakritk Paint

At present the daily production of Prakritik Paint is 500 liters which will go up to 1000 liters per day.Read more

Vedanta unveils ‘Saathi’ programme to fuel the MSME ecosystem

With this programme, the leading producer of metals and oil & gas is seeking partnerships with MSMEs to set up downstream and ancillary manufacturing units near its plants. Read more

Scrappage Policy proposes setting up of PPP-based registered scrapping centres

The Scrappage Policy announcement is in-line with the government vision to make scrap recycling an organised sector. Ministry of Mines has recently issued National Non-Ferrous Metal Scrap Recycling Framework, 2020 covering key non-ferrous metals like Aluminium, Copper, Zinc and Lead. The framework has been released with an objective to promote formal and well-organised recycling ecosystem, quite similar to the Scrappage Policy.Read more

Nitin Gadkari: Government committed to promote renewable energy for MSME Sector

The Government has set an ambitious target for renewable energy and in particular, solar power generation, for this decade. The target for renewable energy installation is 450 GW by year 2030.Read more

Nitin Gadkari: “Ministry and World Bank working on credit guarantee program to finance unrated MSMEs”

The government is aiming to really educate MSMEs about the benefit of adopting solar rooftop and achieving cost-competitiveness. Read more

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