engineering sector
Titagarh–Ramkrishna Forgings to Begin Railway Wheel Production at ₹2,000 Crore Chennai Facility in August
Titagarh Rail Systems and Ramkrishna Forgings will begin commercial production of forged railway wheels at their ₹2,000 crore Gummudipoondi facility near Chennai in...
Action Construction Equipment posts 22.8% rise in Q1 FY27 profit on strong infrastructure demand
Action Construction Equipment reported a 22.8% increase in standalone net profit to ₹120 crore in the first quarter of the financial year 2026-27,...
Karnataka Approves ₹7,506 Crore Industrial Projects to Generate Over 28,000 Jobs
Karnataka has approved 55 industrial projects worth ₹7,506 crore, expected to create over 28,000 jobs. The investments, largely under the Beyond Bengaluru initiative,...
Trichy’s New SIPCOT Industrial Park Draws Investor Interest as Promotion Drive Begins
A newly notified SIPCOT industrial park in Thiruverumbur is beginning to attract investor attention, with the state planning to allot the entire 148.9-acre...
Venus Pipes Starts New Fittings Facility, Expands Seamless Pipes Capacity
Venus Pipes & Tubes has commenced commercial operations at its new fittings manufacturing facility while also expanding its seamless pipes and tubes production...
Steel Ministry Reviews BIS Certification Norms for Fastener Industry Amid MSME Concerns
The Ministry of Steel has initiated consultations on easing BIS certification norms for the fastener industry following concerns over rising compliance costs, supply...
Tata Steel hits record 23.48 million tonnes crude steel output in India in FY26
Tata Steel has reported its highest-ever annual crude steel production in India at 23.48 million tonnes for FY26, driven by strong demand across...
EPIC Secures Major ₹1,165 Crore Steel Pipe Order as Welspun Corp Reports Strong Q2 Performance
Welspun Corp’s associate company EPIC has secured a ₹1,165 crore steel pipe contract from the Saudi Water Authority, boosting the company’s global pipeline...
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...
