Stay updated with the latest manufacturing news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on manufacturing topics.
PNN Noida (Uttar Pradesh) [India], April 9: IBOTIX.Ai, a global leader in AI and enterprise automation, today announced a milestone year characterized by a 300% increase in revenue and healthy double-digit EBITDA growth. Driven by soaring demand for its AI products, the company also announced a strategic partnership with Amity Venture Capitalists to accelerate its evolution into an AI Products-only business. IBOTIX.Ai's remarkable financial performance stems from its proven ability to transiti ...Read More >
Bhubaneswar: In a first, Odisha is set to get its drone park. BonV Aero, a leading startup, will set up the project worth Rs 300 crore of unmanned aerial vehicle-making facility in Khordha. With this, Odisha will become one of India's premier destinations for high-tech UAV making and aerospace innovation. The project will span over 2.5 acres. The facility will have drone assembly lines, a Drone Centre of Excellence and an industrial skilling centre. Besides, there will be an Experience Centre ...Read More >
New Delhi [India], April 9 (ANI): Indian markets may be on the cusp of a significant upcycle, supported by improving macro fundamentals, earnings momentum, and policy support, noted a report by Morgan Stanley. The global financial services firm has projected a strong recovery in Indian equities in its latest India Equity Strategy Playbook. The report notes that "trailing performance, valuations, positioning and earnings all support a major recovery in Indian stocks over the coming months," add ...Read More >
Mumbai, April 8: Equity benchmark indices Sensex and Nifty surged nearly 4 per cent on Wednesday, following an impressive rally in global markets and a drop in crude oil prices after the US and Iran announced a two-week ceasefire. The RBI decision to keep the policy repo rate unchanged, heavy buying across all sectors and a strengthening rupee against the US dollar also improved investor sentiment, traders said. Rallying for the fifth day in a row, the 30-share BSE Sensex jumped 2,946.32 point ...Read More >
The Ministry of Heavy Industries (MHI) on Tuesday held a pre-bid conference for its 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet', drawing participation from at least 25 companies. The conference, held at India Habitat Centre, followed the release of a Request for Proposal (RFP) on March 20, 2026, inviting bids to set up integrated rare earth permanent magnet (REPM) manufacturing facilities with a total capacity of 6,000 MTPA under an outlay of ₹7,280 crore. MHI sa ...Read More >
The Ministry of Heavy Industries (MHI) on Tuesday held a pre-bid conference for its 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet', drawing participation from at least 25 companies. The conference, held at India Habitat Centre, followed the release of a Request for Proposal (RFP) on March 20, 2026, inviting bids to set up integrated rare earth permanent magnet (REPM) manufacturing facilities with a total capacity of 6,000 MTPA under an outlay of ₹7,280 crore. MHI sa ...Read More >
New Delhi, Apr 7 (PTI) At least 25 companies, including JSW Group, Vedanta, Hindustan Zinc Ltd (HZL) and NLC India, participated in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnet called by the heavy industries ministry on Tuesday, sources said. The government will select a maximum of five entities through the bidding, with each entity setting up facilities of up to 1,200 MTPA, aggregating to a total of up to a maximum capa ...Read More >
Patna, Apr 6 (PTI) Bihar Industries Minister Dilip Jaiswal on Monday said the state government aims to attract investments to the tune of Rs 50 lakh crore and generate one crore employment over the next five years. He asserted that industrial development has been accorded top priority under the government's 'Saat Nischay' programme. "A total of 747 investment proposals worth Rs 17,217 crore were received by the department in the 2025-26 financial year, and 317 investors were allotted 404 acres ...Read More >
New Delhi, Apr 5 (PTI) The domestic stock market is expected to remain volatile this week as investors track the Reserve Bank's monetary policy decision, key global macroeconomic data and the impact of the West Asia conflict, analysts said. Movements in crude oil prices and foreign fund flows will also influence domestic equities, they added. Vinod Nair, Head of Research, Geojit Investments Ltd, said the RBI's Monetary Policy Committee (MPC) meeting will command centre stage domestically, with ...Read More >
New Delhi: The TV industry, which already faces soaring prices of memory chips (RAM), is bracing for a decline in sales, weighed down by rising cost of plastics to ocean freight on account of ongoing geopolitical tensions in West Asia. Some manufacturers are also flagging concerns over a potential downtrading trend as buyers shift towards smaller screen sizes amid rising prices. Moreover, rupee depreciation has pushed up overall production costs, leading to higher television retail prices. Als ...Read More >
Hyderabad (Telangana) [India], April 4 (ANI): Telangana Chief Minister Revanth Reddy, along with Ministers D Sridhar Babu and Tummala Nageswara Rao, inaugurated the 13th Asian Textile Conference (ATEXCON 2026) on Friday, a premier global summit for the textile and apparel industry jointly organised by the Telangana government and Confederation of Indian Textile Industry (CITI). The CM highlighted Telangana's vision to become the textile capital of South Asia by 2047. He said the government can ...Read More >
Hanamkonda (Telangana) [India], April 3 (ANI): A gruesome incident has shaken Telangana's Hanamkonda, after a man, identified as Azharuddin, allegedly killed his pregnant wife and two daughters by throwing them into a swimming pool, officials said. Azharuddin, who had a love marriage, was allegedly upset that the unborn child was a girl, according to Hanamkonda police. Also Read | Global Food Prices Set to Surge Further if West Asia Conflict Persists Beyond 40 Days, Warns FAO. The accused, Az ...Read More >
New Delhi [India], April 3 (ANI): The Delhi government's Flood Control & Irrigation Department has introduced a key reform in the tendering process by submitting Earnest Money Deposit (EMD) completely online, a step towards ensuring transparency, fairness, and accountability in public works. According to a press release, earlier, bidders were required to physically deposit EMD at the office where the project was located. This system often led to unnecessary interfaces, potential information lea ...Read More >
New Delhi [India], April 3 (ANI): Delhi Chief Minister Rekha Gupta on Friday unveiled an aggressive and wide-ranging strategy to combat air pollution in the capital, signalling a decisive shift from intent to enforcement. Announcing the rollout of the Air Pollution Mitigation Action Plan 2026, she said the initiative builds on the government's 'historic' Green Budget for 2026-27 and aims to translate clean air goals into measurable outcomes, according to a press release issued by the CMO. Also ...Read More >
New Delhi [India], April 3 (ANI): Strict action is being taken against hoarding and black marketing of LPG cylinders in the national capital, Joint Commissioner of Police (Transport) Milind Mahadeo Dumbere said on Friday. He said four cases were registered yesterday, taking the total number of cases to 27 and added that some people have also been arrested in this regard. Also Read | Global Food Prices Set to Surge Further if West Asia Conflict Persists Beyond 40 Days, Warns FAO. "The Delhi Po ...Read More >
Thiruvananthapuram (Keralam) [India], April 3 (ANI): Amid criticism from Keralam Chief Minister Pinarayi Vijayan over the Foreign Contribution (Regulation) Amendment Bill, 2026, Union Minister Kiren Rijiju on Friday asserted that minorities are receiving greater attention under the Government of India. He accused the Congress of treating Muslims as a vote bank and clarified that only illegal FCRA accounts would be impacted by the proposed changes. Also Read | Global Food Prices Set to Surge Fu ...Read More >
New Delhi [India], April 3 (ANI): Delhi Chief Minister Rekha Gupta has launched a decisive and comprehensive campaign against air pollution in the national capital. While announcing this initiative, the Chief Minister stated that, following the historic Green Budget of 2026-27, the Delhi Government has implemented the Air Pollution Mitigation Action Plan - 2026. Also Read | Fake Sensodyne Toothpaste Manufacturing Unit Busted in Delhi; Owner Arrested (Watch Video). This plan represents a concr ...Read More >
Ahmedabad (Gujarat) [India], April 3 (ANI): Adani Ports and Special Economic Zone (APSEZ) has set a target to achieve one billion tonnes of cargo handling capacity by 2030, said Chairman of the Adani Group, Gautam Adani, as the company crossed a milestone of 500 million tonnes of cargo. Addressing an event in Ahmedabad on Friday to celebrate the milestone, Gautam Adani highlighted the rapid growth trajectory of the company and outlined its ambitious future plans. Also Read | Fake Sensodyne Too ...Read More >
New Delhi, Apr 2 (PTI) The government has directed oil refineries to divert a portion of the feedstock normally used for producing cooking gas (LPG) to industries affected by the ongoing petrochemical shortage, which spans sectors from packaging to condom manufacturing. The Ministry of Petroleum and Natural Gas, on April 1, directed refineries to allocate a portion of propylene to the petrochemical industry, which has been severely affected, as most feedstock has been diverted for cooking gas ( ...Read More >
Tata Communications has introduced the IZO™ Data Centre Dynamic Connectivity, a software-defined platform designed to enhance global data centre connectivity in an AI-driven world. The platform leverages intelligent routing to ensure uninterrupted, resilient connections, offering enterprises performance predictability and cost efficiency amidst dynamic global challenges. Tata Communications has unveiled a groundbreaking platform, IZO™ Data Centre Dynamic Connectivity, to redefine resilience ...Read More >
New Delhi, April 2 (UNI) India's manufacturing sector slowed in March as the growth in activity moderated due to rising costs, competitive pressures, and global uncertainty, according to the HSBC India Manufacturing PMI report. The Purchasing Managers' Index (PMI) fell to 53.9 in March from 56.9 in February, signalling a softer expansion. The slowdown is attributed to a combination of domestic and international challenges that dampened the momentum seen earlier. PMI index fell below its long- ...Read More >
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 >
New Delhi, Apr 2 (PTI) India's manufacturing sector growth eased to a four-year low in March as cost pressures, fierce competition, heightened market uncertainty and the war in the Middle East led to softer increases in new orders and output, a monthly report said on Thursday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56.9 in February to 53.9 in March, indicating the weakest improvement in overall business conditions in close to four years. In ...Read More >
Bengaluru: India's manufacturing sector grew at its slowest pace in nearly four years in March as the war in the Middle East stoked uncertainty, disrupted supply chains and dented demand, while higher oil prices drove up input costs, a private survey showed. Here are the key details: * The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 53.9 in March from 56.9 in February, broadly in line with a preliminary estimate of 53.8. * New orders - a key ga ...Read More >
BENGALURU, April 2 (Reuters) - India's manufacturing sector grew at its slowest pace in nearly four years in March as the war in the Middle East stoked uncertainty, disrupted supply chains and dented demand, while higher oil prices drove up input costs, a private survey showed. Here are the key details: * The HSBC India Manufacturing Purchasing Managers' Index(PMI), compiled by S&P Global, fell to 53.9 in March from 56.9in February, broadly in line with a preliminary estimate of53.8. * New orde ...Read More >
New Delhi [India], April 2 (ANI): India's manufacturing PMI eased to 53.9 in March from 56.9 in February, according to the HSBC India Manufacturing PMI report released on Thursday. This deceleration indicated the weakest improvement in overall business conditions in nearly four years, with the headline figure slipping below its long-run average of 54.2. As per the report, the sector faced a significant cooling effect as several domestic and global headwinds converged to dampen the momentum seen ...Read More >
Pune : EKA Mobility, a leading electric vehicles and technology company, today announced an exceptional 5X year-on-year volume growth in FY 2025-26. The company sold 1,143 units and produced 1,344 electric commercial vehicles. This milestone comes on the back of the company's widest and most comprehensive range of electric vehicles across segments. The company entered the M&HCV truck segment this year, in addition to its existing bus and SCV portfolio. EKA Mobility is a Champion OEM under the Au ...Read More >
Pune (Maharashtra) [India], April 2: EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025-26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under the Aut ...Read More >
Mumbai: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent to end at 2 ...Read More >
NEW DELHI: India's imports of telecom equipment from China rose to $6.37 billion (about ₹59,500 crore) in 2023-24, up from $5.55 billion in 2019-20, Minister of State for Communications Chandra Sekhar Pemmasani informed the Parliament on Wednesday. Pemmasani, in a written reply to Lok Sabha, said that total imports in the telecom equipment category rose from $13.33 billion in 2019-20 to $17.01 billion in 2023-24. "The imports under the principal commodity 'telecom instruments' have increased f ...Read More >
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