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Siemens Limited partners with BMRCL for sustainable rail electrification
The project covers 30 stations spanning over 58 kilometers connecting Bengaluru Airport terminal to Central Silk Board via KR Puram and two depots. Read more
Godrej Industries’ Chemicals Business to buy Unit II of Shree Vallabh Chemicals
Located at Kheda, Gujarat, the Shree Vallabh Ethoxylation unit II has a manufacturing capacity of 24,000 MTPA of finished products.Read more
Welspun One raises Rs 22.75 billion to develop warehousing properties
The capital was secured from approximately 800 Limited Partners (LPs) and investors, including high-net-worth individuals, ultra-high-net-worth individuals, family offices, corporates, and domestic institutions. Welspun One plans to utilise this capital to develop warehousing properties. Read more
TAITRA calls for adaptation to India's business ethos amid Foxconn controversy
The controversy arose following reports suggesting Foxconn's alleged reluctance to hire married women at its facility, which manufactures Apple iPhones in India. Read more
Airbus and Gati Shakti Vishwavidyalaya to boost aerospace education and research
The initiative is expected to propel GSV towards becoming an industry-driven and innovation-led university, setting a precedent for robust industry-academia partnerships in India. Read more
L&T focuses on green energy & technological advancement for sustainable growth
In alignment with its commitment to sustainability, L&T announced a $12 billion investment plan over the next five years, with a third earmarked for green energy initiatives. 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
Govt to extend easy visa rules to all companies in PLI sectors
The PLI scheme covers sectors such as mobile phones, drones, white goods, telecom, textiles, automobiles, and pharmaceutical drugs.Read more
BEML to deliver all 10 Vande Bharat Sleepers by year-end; trial run by August
Although the initial plan aimed for these trains to be operational by March, technical delays pushed the timeline forward. Read more
Forward Manufacturing Company Pvt. Ltd. inks pact with France’s Pernat Industrie
As part of this JV, Forward and Pernat will collaborate to introduce new technologies to the Indian automotive, aerospace, and defence industries.Read more