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India's construction equipment sector to touch $25 billion by 2030; ICEMA
Currently the world’s third-largest market for construction equipment, India’s CE industry is valued at approximately $10 billion (FY24).Read more
LESER expands Aurangabad manufacturing facility with Rs 500 million+ investment
The new facility will incorporate segmentation, automation, and advanced manufacturing processes designed to improve transparency and efficiency.Read more
Sansera inks Rs 21 billion investment MoU with Karnataka government
The project is expected to create approximately 3,500 direct and indirect jobs in the region.Read more
Dormer Pramet appoints Shib Banerjee as global head of sustainability
In this new role, Banerjee will collaborate with cross-functional teams to implement sustainable practices and QEHS initiatives into business operations, products, and services to inspire the business towards a more sustainable and responsible future. Read more
Clariant and OMV partner to reduce carbon footprint with ethylene distribution
Clariant will grow its bio-based ethylene oxide derivatives portfolio with renewable low-carbon footprint ethylene from OMV.Read more
Dana India and COEP’s Bhau Institute present ‘Dana Innovation Challenge 2.0’
Dana’s Innovation Challenge 2.0 is part of a CSR initiative in India under Research and Innovation.Read more
Lubrizol buys Aurangabad land for firm’s largest manufacturing facility in India
The initial phase of the project represents a projected investment of approximately $200 million and builds on previously committed investment in the region.Read more
All India Steel Bottles Association praises GOI initiative for stainless steel bottles on BIS certification
To facilitate this, BIS is offering faster approvals, licenses, and discounts for manufacturers setting up units within India, differentiating products based on their place of manufacture. Read more
Kalyani Strategic Systems acquires license for defence manufacturing
KSSL will produce these defence items at its Jejuri unit in Maharashtra.Read more
Policy push and new technologies to drive electrical vehicles sales in India
Though the electric vehicle (EV) penetration in India is only 6.8 per cent (in FY24), the growth opportunity in the EV sector is only going to go up in the future driven by shifting consumer preferences, strong governmental support and technological progress, says Rakesh Rao.Read more