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New Delhi: The domestic automotive metal forming market of India is projected to nearly double to $90-95 billion by FY30, growing at around 12 per cent annually, as global supply chain realignments drive value concentration toward process-led manufacturers, a report has said. As per Avendus Capital analysis, India's auto component industry -- casting, forging, stamping and machining -- crossed $80 billion in size in FY25 and turned a net exporter during the year, with exports reaching approxima ...Read More >
Pune: Toll charges on major Pune highways, including Pune-Satara, Pune-Kolhapur, Pune-Solapur and Pune-Nashik, have increased by 3% to 5% from April 1. This revision by the National Highways Authority of India (NHAI) means higher daily travel costs for commuters and transporters across the district. At the Khed Shivapur toll plaza on the Pune-Satara highway, one of the busiest entry and exit points for the city, the revised toll for cars, jeeps and vans now stands at ₹125 for a one-way journey ...Read More >
Shimla (Himachal Pradesh) [India], March 31 (ANI): The Himachal Pradesh Government has revised the toll and entry tax structure for the financial year 2026-27, modifying rates notified earlier in March and extending relief to several categories of vehicles following policy rationalisation. The earlier schedule, issued through the state gazette, had prescribed higher toll rates across vehicle categories, including Rs 130 per day for passenger vehicles (up to 12+1 capacity), Rs 200 for light comm ...Read More >
Shimla (Himachal Pradesh) [India], March 31 (ANI): The Himachal Pradesh Government has revised the toll and entry tax structure for the financial year 2026-27, modifying rates notified earlier in March and extending relief to several categories of vehicles following policy rationalisation. The earlier schedule, issued through the state gazette, had prescribed higher toll rates across vehicle categories, including Rs 130 per day for passenger vehicles (up to 12+1 capacity), Rs 200 for light comm ...Read More >
Shimla, Feb 23 (PTI) Hundreds of truck operators on Monday took to the streets in Himachal Pradesh's Solan district against the hike in toll charges collected at entry points from vehicles registered outside the state and warned of blocking the national highway if the decision is not rolled back. The Congress government led by Chief Minister Sukhvinder Singh Sukhu, during a cabinet meeting held on February 13, approved the toll tax barrier policy 2026-27, according to which the light motor vehi ...Read More >
India's trade ministry and NITI Aayog are considering easing certain tariff and non-tariff restrictions on Chinese imports to secure raw materials vital for industrial and export growth. Measures under discussion include letting anti-dumping duties lapse on some products and cutting tariffs on raw materials for sectors like leather and engineering goods where domestic supply is limited. India's trade ministry and a government think-tank are pushing to ease certain tariff and non-tariff curbs on ...Read More >
New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. Also Read | TCS Layoffs: ...Read More >
New Delhi [India], September 29 (ANI): India's industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. "The index is compiled w ...Read More >
New Delhi [India], September 29 (ANI): India industrial output, measured by the Index of Industrial Production (IIP), recorded a year-on-year growth of four per cent in August 2025, according to data released by the Ministry of Statistics and Programme Implementation on Monday. The growth in August came after the index had risen 3.5 per cent in July 2025. The Quick Estimates of IIP stood at 151.7 in August 2025, higher than 145.8 recorded in the same month last year. The index is compiled with ...Read More >
Mumbai: A Mumbai-bound SpiceJet aircraft's tyre rolled off during take-off roll at Kandla on Friday. The pilots continued with the flight, and the aircraft landed safely at Mumbai airport where a 'full emergency' was declared as a precaution. No injuries were reported. The incident occurred around 2.40pm when the aircraft was speeding for departure from runway 23 of the Kandla airport in Gujarat. The Bombardier DHC-8-400 has a tricycle landing gear system with a total of six wheels -- two wheels ...Read More >
In a significant step towards enhancing its operational mobility and supporting the 'Aatmnirbhar Bharat' initiative, the Indian Army has signed a contract worth Rs 223.95 crores with M/s Axiscades Aerospace and Technologies Private Limited for the procurement of 212 state-of-the-art 50 Ton Tank Transporter Trailers. The contract was signed on August 1, 2025 under the Buy (Indian-IDDM) category, reinforcing the commitment to indigenisation in defence manufacturing. This marks a boost to Indian ...Read More >
Chennai: The cause of Sunday's goods train derailment and fire near Tiruvallur, which affected rail services, is still under probe. The Tiruvallur collector said a crack was found on the tracks, raising concerns about maintenance. Railway officials denied this. "There was a crack on the track. Whether this caused the derailment can be known only after investigation. But this puts a spotlight on track maintenance lapses," said Tiruvallur collector M Prathap. "There were no signs of sabotage," he ...Read More >
PRNewswire Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for rel ...Read More >
Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, today launched the all-new BharatBenz Construction and Mining range comprising of their HX and Torqshift series models. This heavy-duty truck series directly addresses the critical need for reliable, high- ...Read More >
New Delhi, Dec 17 (PTI) Carraro India Ltd, the manufacturer of transmission systems for off-highway vehicles and other agricultural and construction equipment, on Tuesday fixed a price band of Rs 668-774 per share of its Rs 1,250-crore initial public offering (IPO) that will open for subscription on December 20. The Pune-based company's initial share-sale will conclude on December 24 and the anchor bidding will open for a day on December 19, the company said. Carraro India's IPO is completely ...Read More >
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