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Indian manufacturing sector sentiments improved for Q1 24-25: FICCI
The survey reveals that 78% of respondents anticipate higher or stable production levels, up from 57% in the previous year.Read more
Decarbonising seven key MSME sectors could save Rs 370 million yearly
The study was conducted by the Centre for Study of Science, Technology and Policy (CSTEP).Read more
Textile-leather industry hopes for revised inverted duty structure in new Budget
An inverted duty structure discourages domestic manufacturing by imposing higher import duties on raw materials and intermediate goods compared to finished products. Read more
Under PLI scheme at least six of eight sectors to switch to quarterly disbursals
DPIIT is planning to hold the next stakeholder review after the budget announcement for 2024-25.Read more
Smart Security Seal prevents utility meter tampering
The Smart Security Seal ensures robust protection against tampering by using a unique pre-locked mechanism. Read more
Tata Motors, to spend Rs 160-180 billion as capex on EV arm till FY30
Giants like Tata Motors, Mahindra and Mahindra (M&M), Maruti Suzuki India Ltd (MSIL), Hyundai Motor India Ltd (HMIL), JSW MG Motor India, Nissan Motor Corporation, and Renault SA have indicated big-ticket investment for creating capacities.Read more
Mahindra Auto reports a 17% growth in May 2024
The Mahindra Group enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume; a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.Read more
Messe Stuttgart India mourns MD & CEO, Sachin Patil
Sachin Patil was visionary leader with over 18 years of experience in trade fair industry in India. Read more
Welspun World appoints G R Arun Kumar as Group CFO
Renowned for its technological and operational excellence, Welspun Group holds a leadership position in Line Pipes & Home Textiles sectors globally, catering to major Fortune 100 companies.Read more
Siemens Limited declares 19% increase in revenue; 74% higher PAT in Q2 FY24
Revenue of Rs 52.48 billion was seen as a 19% increase over the same quarter in the preceding year.Read more