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Indian Steelmakers Shift Focus to Domestic Market as Europe Tightens Imports and Chinese Steel Intensifies Competition

Indian steel producers are turning to the domestic market after tighter import restrictions in Europe and the UK impacted exports. However, increasing inflow...

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India’s Finished Steel Production Rises 5.9% to 41 Million Tonnes in Q1 FY27 as Infrastructure Demand Strengthens

India's finished steel production increased 5.9% to 41 million tonnes during the April-June quarter of FY27, while consumption grew 8.3% to 41.6 million...

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Tamil Nadu Plans Delta Industrial Corridor and R&D Centre to Boost Future-Ready Manufacturing

Tamil Nadu is planning an industrial corridor and a research and development centre in the Delta region to strengthen manufacturing, attract investments and...

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India’s Stainless Steel Industry Seeks National Policy to Boost Manufacturing and Reduce Import Dependence

India's stainless steel industry has called for a National Stainless Steel Policy and a National Anti-Corrosion Policy to strengthen domestic manufacturing, reduce imports,...

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Vedanta Iron and Steel Targets Long-Term Growth Backed by 4 Billion Tonnes of Iron Ore Reserves

Newly listed Vedanta Iron and Steel Ltd plans to strengthen its position in the steel sector through resource-backed expansion, supported by 4 billion...

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Finolex Cables Targets ₹750 Crore Communication Cables Revenue by FY28

Finolex Cables plans to increase its communication cables business revenue to ₹700-750 crore by FY28 through expanded optical fibre manufacturing capacity, a new...

BengaluruIndiaIndustrialInvestmentKarnatakaNews

Ethereal Machines to Build 300,000 Sq Ft Mega Factory Near Bengaluru After Raising $28.5 Million

Ethereal Machines has raised $28.5 million in Series B funding and signed an MoU with the Karnataka government to establish a 300,000 sq...

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Steel Prices Rise 12.3% While Cement Remains Stable Under India’s Revised WPI Series

India’s revised Wholesale Price Index data for May 2026 highlights strong growth in steel, fabricated metals and mining sectors, while cement and other...

ConstructionEquipmentInfrastructureMarket UpdatesNewsReal Estate

India Construction Equipment Sales Fall 17.5% in May 2026 as Demand Moderates

India's wheeled construction equipment market recorded a 17.5% decline in May 2026, with sales dropping to 5,088 units. Despite the slowdown, JCB, Escorts...

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Godrej Enterprises to Expand Chennai and Bengaluru Facilities Amid Growing Warehousing Demand

Godrej Enterprises Group is investing in its Chennai and Bengaluru facilities to enhance automation and warehousing infrastructure as demand from e-commerce, manufacturing and...