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Budget 2026 Signals Sustained Growth Outlook for India’s Cement Sector
Union Budget 2026-27 has reinforced long-term growth visibility for India’s cement sector, driven by higher capital expenditure, urban infrastructure push and major connectivity...
US Cuts Tariffs on Indian Goods to 18% After Modi-Trump Talks
The United States has announced a sharp reduction in tariffs on Indian goods, cutting rates from 50% to 18% following talks between President...
Steel PSU capex to rise 44% in FY27 on improving demand outlook
Capital expenditure by steel public sector undertakings is set to rise sharply in FY27, led by SAIL and NMDC, as domestic demand improves...
₹10,000 crore container manufacturing scheme unveiled in Budget
The Union Budget has announced a ₹10,000 crore container manufacturing scheme aimed at building global capacity, strengthening India’s logistics ecosystem, reducing import dependence...
Budget 2026 Pushes Domestic Construction Equipment Manufacturing with Rs 200 Crore CIE Scheme
Budget 2026 introduces a Rs 200 crore scheme to strengthen domestic manufacturing of construction and infrastructure equipment, aiming to reduce import dependence and...
NMDC Explores Coal Assets in Canada to Support India’s Steel Expansion
State-owned miner NMDC is exploring coal reserves in Canada to secure raw material supplies for India’s expanding steel sector, as the country pushes...
Ambuja Cement Q3 Profit Slumps 90.5% Despite Record Volumes and Revenue
Ambuja Cement reported a sharp 90.5 percent fall in Q3 profit to Rs 204 crore due to higher costs and the absence of...
Economic Survey Flags Global Price Pressures, Raw Material Risks for India’s Steel Sector
India’s steel sector continues to show strong growth momentum driven by domestic demand, but faces mounting challenges from global price pressures and raw...
Jabil to Set Up Rs 2,000 Crore Electronics Manufacturing Unit in SIPCOT Park, Tiruchi
US-based electronics major Jabil plans a Rs 2,000 crore manufacturing facility on 70 acres at SIPCOT Industrial Park near Tiruchi, boosting jobs, exports,...
Special Purpose Vehicle Formed to Develop Mega Shipbuilding Cluster at Thoothukudi
India’s first mega shipbuilding cluster is set to take shape at Thoothukudi in Tamil Nadu with the formation of a special purpose vehicle...
