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SAIL Plans Rs 360 billion steel plant in Burnpur, WB

The upcoming IISCO plant forms a key part of SAIL’s ambitious goal to increase its overall capacity to 35mt by 2031.Read more

JSW Steel first Indian company to launch indigenous coated steel

It finds several applications, including steel structures in solar installations, silos, guard rails, and AC parts, which require a high level of protection against corrosion.Read more

Vietnamese steel, shoes & other imports get stuck in India’s quality check

India's increasing focus on the quality of imports also works as a non-tariff barrier to restrict the inflow of cheap and substandard quality products.Read more

Hannover Messe 2024: Powering Sustainable Manufacturing

At Hannover Messe 2024, 4,000 exhibitors from all over the world presented their innovative, futuristic solutions to more than 130,000 visitors from 150 countries. The event offered a comprehensive picture of technologies that are crucial to drive the agenda of sustainable manufacturing, reports Rakesh RaoRead more

Wheels India to spend Rs 2 billion on capex; current FY

revenues for the quarter remained relatively stable at Rs 11.67 billion, slightly lower than the Rs 11.72 billion recorded a year ago.Read more

L&T to own 100% of LTSSHF; to buy NPCIL stake

A delay in equity infusion by the promoters, led to the net worth of LTSSHF to fall to negative Rs 25.73 billion as of March 31, 2023.Read more

India to become landfill for Chinese products amid US Beijing tariff war; GTRI

These tariffs include a 100% duty on electric vehicles, a 50% duty on semiconductors, and a 25% duty each on electric vehicle batteries originating from China.Read more

India: An emerging manufacturing hub

The contribution of the ‘industry’ sector – which includes manufacturing, mining and quarrying and allied industries – has been consistently around 25 to 30 percent in the last ten years, says R Jayaraman.Read more

Incentives to be offered to steelmakers for using domestic coking coal

The coal ministry said on 13 March that monetization of the Dugda Coal Washery will be held through a transparent competitive auction process and will be awarded to a steel manufacturerRead more

Will exports turn positive amid Red Sea crisis?

Armed conflict in the Red Sea is affecting the global trade as the movement of goods has been hindered by the conflict since November last yearRead more

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