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India witnessed $29.6 billion in private equity investments

The investment distribution in 2023 saw a notable shift with traditional sectors such as manufacturing, healthcare, and energy, accounting for about 75 % of the total investments, up from around 60 % in 2022.Read more

85% industry revenue comes from sale of components to domestic vehicle OEMs

In the domestic market, passenger vehicle (PV) OEMs contributed more than 46% to the component industry's revenue, followed by two-wheeler manufacturers at 19%, and Medium and Heavy Commercial Vehicle (M&HCV) at 7%.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

GameChanger Law Advisors, Speciale Invest launch first of its kind report on EV Battery Packs

As the Report highlights, the Indian EV battery market size is also expected to grow from $16.77 billion in 2023 to $27.70 billion by 2028, at a CAGR of 10.56% between 2023 and 2028, indicating that India's EV battery industry landscape is at the cusp of Read more

Increased electric power generation solutions demand rises Perkins® 4000 series sales

India is now the second largest consumer of Perkins® 4000 Series engines in the world, due to the rapid rise in standby and prime electric power generation solutions for data centres and the growing infrastructure development projects underway across the country.Read more

Balu Forge buys Mercedes Benz’s German precision machining unit

Balu Forge Industries Ltd (BFIL) - the Mumbai-based manufacturer of fully finished and semi-finished forged crankshafts and other forged components for automotive industry - has acquired the Precision Machining unit of the Mercedes Benz Truck Factory in Mannheim (Germany). Read more

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