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Budget’s 35% capex jump to Rs 7.5 trillion underscores appetite for infrastructure steel

As per the Economic Survey released by the finance ministry, the performance of the steel industry is pivotal to the growth of the economy.Read more

Balu Forge buys Mercedes Benz’s German precision machining unit

Balu Forge Industries Ltd (BFIL) - the Mumbai-based manufacturer of fully finished and semi-finished forged crankshafts and other forged components for automotive industry - has acquired the Precision Machining unit of the Mercedes Benz Truck Factory in Mannheim (Germany). Read more

Hitachi Energy to help speed up electrification of Indian Railways

The technology and market leader in power grids will deliver its transformers to Indian Railways, which aims to become a net zero carbon emitter by 2030Read more

BUDGET 2022 - Alain SPOHR: Support companies investing in India and R&D

Introducing production linked incentives for railway manufacturers and exporters promoting Make-in-India would be encouraging, says Alain SPOHR, Managing Director, Alstom India & South Asia.Read more

Jindal Stainless launches chequered stainless steel sheet Infinity for Railways

With the launch of Infinity, the company aims to capture 20% market share over the next 3 years, amounting to an additional business potential of Rs 500 crores.Read more

Alstom opens components manufacturing facility in Coimbatore

With an average investment of Euro 25 million, the new site - the largest components manufacturing facility in Asia - is dedicated to improving industrial efficiency in manufacturing components for various prestigious national and international projects.Read more

L&T unveils full span launching equipment for high-speed rail project

The full span launch equipment comprising first-of-their-kind Straddle Carriers and Girder Transporters will transport and erect full span girders as a single piece for the double track.Read more

Godrej & Boyce, Indian Railways to co-develop universal coach assembly station

Godrej Tooling, a business unit of Godrej & Boyce (the flagship company of the Godrej Group), has partnered with the Indian Railways to design and develop the Universal Coach Assembly station as an indigenous solution for Coach Assembly fabrication in the brand new Marathwada Railcoach Factory in Latur, Maharashtra. The Universal Coach Assembly Station has cut the time it takes to assemble a coach from 24 hours to 12 hours.Read more

Metravi is working on next-gen instruments

The government’s push to boost manufacturing in India accompanied by relative increase in exports is forcing companies to focus on production of quality products. This, in turn, is leading to rise in demand for instrumentation. With more than 50 years of experience in the field of test & measuring (T&M) equipment, Metravi offers solutions for everything - from IoT enabled meters to customised solutions. In this interview, Vikram Bhansali, Managing Director, Metravi Instruments Pvt Ltd, exRead more

Godrej & Boyce and Indian Railways to develop universal coach assembly station

The Universal Coach Assembly station is designed and developed with an auto welder setup to boost productivity and further accelerate the vision of Aatmanirbhar Bharat. Godrej Tooling eyes Rs 100 crore business in the industrial machines LOB in the next 3 years.Read more

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