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India’s Top 100 Engineering Companies
Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more
BEML launches prototype for driverless metro trainsets for BMRCL
BEML secured the contract in August 2023, valued at Rs 31.77 billion, for designing, manufacturing, supplying, installing, testing, and commissioning 53 trainsets. Read more
Cooper Corp sees big opportunities in aerospace & defence sector: Farrokh Cooper
In this interaction with Rakesh Rao, Farrokh Cooper, CMD of Cooper Corporation Pvt Ltd, highlights challenges and opportunities before the Indian manufacturing sector, and the company's plans to tap emerging trends in the industryRead more
Indian Railways to use nuclear power for green energy push
IR will need 30,000 MW of renewable capacity by 2029-30 to achieve this goal.Read more
Indian Railways reduces Vande Bharat orders, introduces 24-coach sets
The manufacturing will be handled by Kinet Railway Solutions, a joint venture between India’s RVNL, Russian engineering firm Metrowagonmash, and LES, with a 25:70:5 ownership ratio.Read more
Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million
In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.Read more
Indian Railways cancels tender for 100 Vande Bharat trains
Despite being the lowest bidder when the tender was opened on May 30, 2023, Alstom's bid did not meet the revised price expectations.Read more
BEML to expand Vande Bharat and metro trains; boost export revenue to 10%
The company is exploring potential markets in the Middle East, South America, and the ASEAN region.Read more
Kavach 4.0 tenders to be issued for 20,000 locomotives for 2024
The initial tenders cover the Delhi-Chennai and Mumbai-Chennai routes, totalling 3,300 Rkm, as well as key automatic sections spanning 5,000 Rkm. Read more
Indian to unveil first hydrogen train by year-end
The government plans to release 50 hydrogen trains by 2047.Read more