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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...

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Steel makers urge government to tighten curbs on rising imports from China, Korea, and Russia

Indian steel producers have urged the government to impose stronger import restrictions as rising shipments from China, Korea, and Russia threaten domestic production...

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Gadkari Announces New Bill to Strengthen India’s Construction Equipment Industry

Nitin Gadkari announced a new Bill to strengthen India’s construction equipment industry by promoting local manufacturing, curbing Chinese imports, and supporting clean fuel...

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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...

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Govt to Relaunch PLI Scheme for Specialty to Boost Domestic Production

Production-Linked Incentive for the specialty steel sector will be a fresh round in which the government will announce the scheme on Monday, which,...

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India’s Ministry of Steel Charts Global Strategy for 2025, Aiming to Lead in Production and Exports

The Indian Ministry of Steel is preparing a global strategy for steel in January 2025. This plan aims to align the Indian steel...

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Steel Demand in India to Grow 8%: Capacity to Surge by 20 Million Tons by FY2027

India’s steel industry is set to increase its annual capacity by 20 million tons between FY 2025-27, according to a recent report by...