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Jindal Steel pioneers the use of syngas in its steel production processes, offering a sustainable solution to natural gas shortages and promoting energy efficiency in the steel industry. IMAGE: Photograph: Wolfgang Rattay/ReutersKey PointsJindal Steel has successfully deployed syngas in galvanising and colour coating line furnaces to mitigate natural gas, LPG, and propane shortages.The company is the first in the steel industry to use syngas in these finishing processes, ensuring continuous ope ...Read More >
Jindal Stainless on Monday launched its first stainless steel fabrication unit built with an initial investment of approximately Rs 125 crore. The facility is located at Washivali, Patalganga, in Mumbai spanning 4 lakh square ft. Built under the company's subsidiary Jindal Stainless Steelway Limited (JSSL), the fabrication unit will cater to the needs of bridge sector and focus on fabricating, among other critical components, various types of girders. BY FY27, the unit is expected to achieve a ...Read More >
Tube & Pipe Fair 2025, organized by Tulip 3P Media, is poised to become India's largest tube and pipe industry exhibition, welcoming global exhibitors and industry leaders to New Delhi from November 4-6. With significant international participation, the fair aims to foster growth through networking and innovation in a rapidly expanding sector. Tulip 3P Media Private Limited is gearing up to host the highly anticipated Tube & Pipe Fair 2025, set to run from November 4 to 6 at Pragati Maidan, New ...Read More >
India's industrial sector recorded a steady growth of 4.0% year-on-year in August 2025, according to the Quick Estimates of the Index of Industrial Production (IIP) released by the ministry of Statistics and Programme Implementation. This marks an improvement over the 3.5% growth reported in July 2025. The overall IIP for August 2025 stood at 151.7, up from 145.8 in the same month last year.Among the core sectors, mining led the growth with a 6.0% increase, followed by electricity at 4.1% and ma ...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 >
New Delhi [India], September 29 (ANI): India's industrial output, as measured by the Index of Industrial Production (IIP), rose to a seven-month high of four per cent in August 2025, driven largely by strong growth in the mining and electricity sectors, according to a press release by the PHD Chamber of Commerce and Industry (PHDCCI). The mining sector registered a robust growth of 6 per cent in August, rebounding from a negative 7.2 per cent year-on-year growth in July 2025, while electricity ...Read More >
Ador, a leading Indian welding manufacturer, will showcase innovative welding technologies at Schweissen & Schneiden 2025 in Germany. Key innovations include the Rhino E, a battery-powered welder, and the solar-powered Rhino S. These eco-friendly models aim to expand Ador's global market reach and enhance its reputation for advanced solutions. Mumbai, Maharashtra, India - Ador, India's leading manufacturer of welding equipment, will participate in Schweissen & Schneiden 2025 in Germany, showcas ...Read More >
Economy 1 min read IIP grows 3.5% in October, up from 3.1% a month ago India's Index of Industrial Production (IIP) grew by 3.5% in October 2024, up from 3.1% in September 2024. This positive growth was driven by strong performance in key sectors like basic metals, electrical equipment, and refined petroleum products. Eighteen out of 23 industry groups showed year-over-year growth, indicating broad-based industrial expansion. The IIP growth rate for the month of October 2024 is 3.5 percent whic ...Read More >
New Delhi [India], December 12 (ANI): The Index of Industrial Production (IIP) growth rate for October 2024 registered a modest increase to 3.5 per cent, up from 3.1 per cent in September 2024, according to the Quick Estimates released on December 12. According to the Ministry of Statistics & Programme Implementation, sectoral analysis reveals mixed performances. Mining, Manufacturing, and Electricity sectors reported growth rates of 0.9 per cent, 4.1 per cent, and 2.0 per cent, respectively. ...Read More >
New Delhi: The Centre is working on green steel mandates for the local steel industry, supported by government procurement and financial incentives, as the world's second-largest maker of the alloy works to prepare the sector for the future. The upcoming National Green Steel Mission is likely to mandate steelmakers to make a fixed share of their overall output green, the people cited above said on the condition of anonymity. The government will also support green steel with a public procurement ...Read More >
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