Rating 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…
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In a strategic move aimed at solidifying its presence in India’s burgeoning steel sector, Jindal Steel and Power (JSP) has unveiled an ambitious plan to transform its Angul unit in…
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Construction and equipment (CE) manufacturers have urged the Centre for a Production Linked Incentive (PLI) scheme for the sector. The introduction of the PLI scheme will provide a level-playing field…
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UltraTech Cement Ltd’s Chairman Kumar Mangalam Birla has said that UltraTech Cement will aims and work towards achieving a production capacity of 200 million tonnes (mt), up from its existing…
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