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Centre Plans ₹16,000 Crore Incentive Scheme to Boost Local Construction Equipment Manufacturing

The Centre is preparing a ₹16,000 crore incentive scheme to boost domestic manufacturing of construction equipment, including tunnel boring machines and cranes. The...

NewsSteel DailyTrending News

SAIL Powers Navy’s New Frigates with 8,000 Tonnes of Critical Steel

The Steel Authority of India Limited (SAIL) has once again reinforced its role in India’s defense sector by supplying around 8,000 tonnes of...

ConstructionEquipmentIndustrialNews

BEML Secures ₹185.65 Cr Defence Order Amid Soaring Order Book of ₹14,610 Cr

BEML Limited, a defence-backed bulldozer manufacturer under the Ministry of Defence, has secured a significant order worth ₹185.65 crore from the Ministry of...

ChennaiConstructionIndustrialNews

L&T to Invest ₹1,000 Crore to Expand Katupalli Shipyard Near Chennai

Of the ₹1,000 crore investment coming into the shipbuilding complex in Katupalli, near Chennai, L&T intends to put some of that money for...

ConstructionIron OreNewsSteel DailyTrending News

PM Modi Urges Steel Sector to Fast-Track Mining, Focus on Self-Reliance

At India Steel 2025, Prime Minister Narendra Modi urged the steel industry to accelerate iron ore mining at greenfield sites, reduce import dependency,...

NewsSteel Daily

AM/NS India to Make Car Makers Independent on Steel Imports

ArcelorMittal-Nippon Steel joint venture, AM/NS India, is planning to force carmakers to stop importing steel by March 2025. “We will commission a new...