Market Updates
Kerala’s ₹25,000 Crore AI Township Project Faces Delays Amid Legal Challenges
Kerala’s ambitious ₹25,000 crore Infopark Phase III project in Kochi, envisioned as the state’s first AI-enabled integrated township, is facing delays due to...
Japan’s Proterial to Invest ₹2,250 Crore in Rare Earth Magnet Manufacturing Plant in Andhra Pradesh
Japan-based Proterial will invest ₹2,250 crore to establish a rare earth permanent magnet manufacturing facility in Andhra Pradesh, strengthening India’s electric vehicle, renewable...
Jindal Steel and Danieli Achieve Record Performance at Angul Steel Plant
Jindal Steel has achieved record-breaking performance at its Angul steel plant in Odisha, with Danieli-supplied twin slab casters surpassing guaranteed production benchmarks and...
Steel Prices Rise 12.3% While Cement Remains Stable Under India’s Revised WPI Series
India’s revised Wholesale Price Index data for May 2026 highlights strong growth in steel, fabricated metals and mining sectors, while cement and other...
Nippon Paint Targets ₹6,000 Crore India Revenue by 2029, Plans Major Manufacturing Expansion
Nippon Paint plans to double its India revenue to ₹6,000 crore by 2029 while expanding its manufacturing footprint from seven to 15 factories....
JCB India Achieves Milestone with Production and Sale of 600,000th Construction Machine
JCB India has reached a major manufacturing milestone with the production and sale of its 600,000th construction machine in the domestic market, reinforcing...
SEPC Secures ₹673 Crore SAIL Contract for IISCO Steel Plant Expansion
SEPC has won a ₹673.32 crore contract from SAIL's IISCO Steel Plant in Burnpur for key packages under its 4.08 MTPA crude steel...
VOC Port Plans ₹5,720 Crore Expansion to Handle Larger Ships and Boost Global Trade
VOC Port in Thoothukudi is preparing to undertake a ₹5,720 crore harbour deepening and infrastructure expansion project that will enable the port to...
Embassy Developments to Invest Up to ₹2,000 Crore in Construction Push Amid Strong Housing Demand
Embassy Developments plans to invest up to ₹2,000 crore in construction activities during FY27 as the Bengaluru-based real estate developer accelerates project execution...
India Construction Equipment Sales Fall 17.5% in May 2026 as Demand Moderates
India's wheeled construction equipment market recorded a 17.5% decline in May 2026, with sales dropping to 5,088 units. Despite the slowdown, JCB, Escorts...
