Bonfiglioli Transmissions Pvt Ltd, the Indian subsidiary of Bonfiglioli Group, global leader in power transmission and drive solutions, celebrated a significant milestone with the foundation stone laying ceremony for its new Industry and…
comments offICRA expects Indian construction companies to maintain robust revenue growth in FY2025, forecasting a year-on-year (YoY) increase of 12-15 per cent, driven by a strong order book and the government’s…
comments offMetro Group is making a major investment of over Rs 3,500 crore in the rapidly growing micro-markets of Thane and the Kalyan-Shil Corridor. In 2024, the company has earmarked Rs…
comments offNBC Bearings is making a strong presence at Intermat India 2024. In this interview, Rajesh Premchandran, CSMO, NBC Bearings, shares how the company is leveraging the exhibition to drive growth…
comments offTata Steel has commissioned India’s largest blast furnace at its Kalinganagar facility in Odisha. With a total investment of Rs 27,000 crore, the Phase II expansion at Kalinganagar has increased…
comments offGarden Reach Shipbuilders & Engineers Ltd (GRSE) has secured an international contract, valued at approximately US$54 million, from Germany’s Carsten Rehder Schiffsmakler and Reederei GmbH & Co. The agreement involves…
comments offCovestro (India) Pvt Ltd, one of the leading manufacturers of high-performance polymers, has inaugurated a state-of-the-art production facility at its Ankleshwar site in Gujarat. The facility is the first of…
comments offVE Commercial Vehicles (VECV) Ltd, a joint venture between Volvo Group and Eicher Motors, has entered into a Memorandum of Understanding (MoU) with Baidyanath LNG Pvt Ltd for the deployment…
comments offCASE Construction Equipment has strengthened its presence in southern India by appointing a new dealer partner in Vijayawada. The new facility, SEPS (Srinivasa Edifice Power Services), is strategically located in…
comments offIn a significant development for the region’s energy landscape, Tata Power has entered into a strategic partnership with Druk Green Power Corporation Ltd (DGPC) of Bhutan to develop the 600…
comments offRating agency ICRA forecasts rising component localisation to offer ~Rs. 25,000 crore annual opportunity to construction equipment vendors by FY2030, led by components such as undercarriages and precision hydraulics. Overall, ICRA foresees a…
comments offVA TECH WABAG has been awarded a contract worth approximately Rs 415 crore by the Chennai Metropolitan Water Supply and Sewage Board (CMWSSB). The contract is for the operation and…
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