manufacturing

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    India-Based Magma Builds Integrated Industrial Solutions Ecosystem

    Mumbai, February 13 Industrial manufacturing solutions provider Magma announced on Friday the expansion of its offerings through a new business vertical to cater to the demand for engineered precision components used in aerospace, automotive, electronics, and other critical sectors.The new...
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    Ola Electric Advances Vertical Integration and Operational Efficiency

    New Delhi, February 13 Ola Electric announced on Friday that its consolidated revenue from operations stood at Rs 470 crore, with a total of 32,680 units delivered in the third quarter ending December 31, 2025.The Bengaluru-based firm stated that this quarter marks a significant restructuring...
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    NITI Report: Boosting Electronics Exports Through Trade Agreements and Domestic Growth

    New Delhi, February 13 India needs to address its structural cost disadvantages, leverage free trade agreements (FTAs), and promote the manufacturing of strategic components to boost its exports of electronic goods, according to the NITI Aayog's Trade Watch Quarterly report released on Friday...
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    Infrastructure Firm Schneider Electric Posts Revenue Growth Despite Profit Decline

    New Delhi, February 13 Schneider Electric Infrastructure reported a year-on-year decline of over 12% in its net profit to Rs 97 crore in the December quarter, citing expenses related to "exceptional items" due to the implementation of labor codes.The company had registered a profit of Rs...
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    Ajax Engineering Profit Drops 44% in Latest Quarter

    New Delhi, February 13 Ajax Engineering has reported a 44 per cent year-on-year decline in net profit to ₹38 crore in the December quarter, due to a drop in revenues.The company had reported a net profit of ₹68 crore in the October-December period of the previous 2024-25 financial year, it...
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    Joint Research Initiative Focuses on AI for Diverse Manufacturing Sectors

    Mumbai, February 12 The Indian Institute of Technology (IIT) Bombay announced on Thursday that it has signed an agreement with Columbia University, based in the US, to establish a center for artificial intelligence (AI) for manufacturing.This is a joint research and translation center aimed at...
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    Rolls-Royce Announces Major Expansion Plan for India, Including Jet Engine Co-Development

    A day after meeting with Prime Minister Narendra Modi, Rolls-Royce CEO Tufan Erginbilgic unveiled a strategic roadmap on Thursday to expand the company's operations in India across defense, energy, and civil aviation, including plans to co-develop a next-generation combat jet engine for India...
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    Rolls-Royce Invests in India, Strengthens Partnership with Government

    February 12, New Delhi: Prime Minister Narendra Modi met with Rolls-Royce CEO Tufan Erginbilgic in New Delhi to review the company's growing presence in India.The discussions centered on expanding business operations, strengthening manufacturing partnerships, and increasing collaboration with...
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    Jupiter Wagons Optimistic on Long-Term Growth Despite Near-Term Constraints

    Mumbai, February 11 Jupiter Wagons reported a 36 per cent drop in profit after tax (PAT) at Rs 62 crore in the December quarter compared to the corresponding quarter of the previous year.The Kolkata-based manufacturer of railway freight wagons, components, and passenger coach accessories had...
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    Budget Discussions Highlight Key Priorities and Concerns

    The Lok Sabha has resumed discussions on the Union Budget for 2026-27. Union Finance Minister Nirmala Sitharaman had presented the Union Budget in Parliament on the 1st of this month. Participating in the discussion, Arun Bharti of LJP (R) described the Union Budget as a budget for the nation's...
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    Budget Discussion Resumes: Focus on Development, MSMEs, and AI Concerns

    The Lok Sabha has resumed discussion on the Union Budget for 2026-27. Union Finance Minister Nirmala Sitharaman had presented the Union Budget in Parliament on the 1st of this month. Participating in the discussion, Arun Bharti of LJP (R) described the Union Budget as a budget for the nation's...
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    Boosting India's Automotive Industry: Key Initiatives & Partnerships

    New Delhi, February 11 The central government remains focused on maintaining a stable policy environment to enable the domestic auto component industry to play a key role in shaping global supply chains, Union Minister HD Kumaraswamy said on Wednesday.Speaking at an event organized by the...
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    India's Economic Future: Devegowda Calls for Youth-Focused Policy

    New Delhi, February 11 Former Prime Minister H.D. Deve Gowda said on Wednesday that growth alone is not enough, asserting that employment must be at the center of policy-making, and asked the government if success is being measured only by investment announcements or by dignified jobs created...
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    India Diversifies Energy Sources Following Trade Agreement

    New York/Washington, February 10 India has already begun "winding down" its purchases of Russian oil, and New Delhi is "stepping up" its purchases of energy from the United States and other sources, according to United States Trade Representative (USTR) Jamieson Greer, who made the statement on...
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    Odisha Government Boosts Economic Growth with Investment Approvals

    Bhubaneswar, February 10 The Odisha government on Tuesday approved 23 industrial investment proposals worth Rs 4,111.80 crore, which are expected to generate nearly 10,000 jobs, officials said.The proposals were cleared at the 144th meeting of the State Level Single Window Clearance Authority...
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    Connecting Foundry Leaders: IFC-IFEX 2026 Focuses on Innovation

    Mumbai, February 10 Aiming to connect manufacturers, suppliers, and global stakeholders, the Indian Foundry industry announced on Tuesday that it will be holding the three-day Indian Foundry Congress (IFC) and Indian Foundry Exhibition (IFEX), 2026, starting from Thursday."IFEX 2026 is more...
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