Indian Manufacturing
Jindal Stainless to Invest ₹40,000 Crore in Maharashtra for New Manufacturing Facility
Jindal Stainless Ltd (JSL) is to invest ₹40,000 crore to set up a modern stainless-steel plant in Maharashtra. The plant will be developed in...
Tata Steel CEO Calls for Government Action to Curb Rising Steel Imports
Tata Steel CEO T V Narendran has urged the government to take immediate action to control rising steel imports, which he says are...
Visakhapatnam Steel Plant Won’t be Privatized, Says Steel Minister Kumaraswamy
Giving a major announcement to a perturbed nation, Union Steel Minister H.D. Kumaraswamy yesterday assured that Rashtriya Ispat Nigam Limited – Visakhapatnam Steel...
Sweden’s RSP Opens Manufacturing Facility in Chennai, Targets India as Key Robotics Hub
One of the most prominent Swedish companies in South Asia, Scandinavian Robot Systems India Pvt Ltd (RSP India), has launched its first manufacturing...
JSW Group Confirms Bid for Akzo Nobel India’s Business
The JSW Group has stepped into the race to acquire Akzo Nobel’s Indian decorative paints business, said Sundaresan AS, Joint Managing Director, JSW...
Schwing Stetter to Set Up 5th Factory in Tiruvannamalai with the Investment of ₹600 Crore
Schwing Stetter, a well-known globally, German maker of concrete machinery, has revealed its plans for a fifth factory in Tamil Nadu, further strengthening...
Centre Pledges ₹10,000 Crore for Visakhapatnam Steel Plant Revival
The Union government has assured financial assistance of ₹10,000 crore for the revival of Visakhapatnam Steel Plant (RINL-VSP) by January 15, 2025. Union...
AM/NS India to expand supply of construction equipment steel with new hot strip mill
ArcelorMittal Nippon Steel India to Raise Availability of Construction Steels with the newly commissioned hot strip mill, the major steel company that is...
CCI clears Jsquare Electrical Steel acquisition of Thyssenkrupp Electrical Steel
The Competition Commission of India (CII) has cleared the acquisition of Thyssenkrupp Electrical Steel India Private Limited, also known as Thyssenkrupp India, by...
MSME Engineering Exporters Concerned Over Proposed 25% Safeguard Duty on Steel Imports
MSME engineering exporters have expressed concerns over the government’s proposal to impose a 25% safeguard duty on steel imports, warning that it could...
