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Union Cabinet likely to clear incentive scheme for construction equipment manufacturing by August-end

The Union Cabinet is expected to approve a new incentive scheme by August-end to boost domestic construction and infrastructure equipment manufacturing, supporting India's...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Vedanta Invites Global Suppliers for Aluminium Busbar Project Under USD 20 Billion Expansion Plan

Vedanta Group has invited experienced aluminium manufacturers and fabricators to partner in supplying and fabricating 200,000 MT of aluminium busbars for its USD...

IndiaIndustrialInvestmentMarket UpdatesMetalNewsSteel Daily

SAIL, Indonesia’s PT Krakatau Steel Sign MoU to Explore Stainless Steel Slab Joint Venture

SAIL and Indonesia's PT Krakatau Steel have signed an MoU to explore a joint venture for manufacturing stainless steel slabs, aiming to strengthen...

IndiaIndustrialLogisticsNews

DCM Shriram Delivers India’s First Locally Manufactured EXIM Shipping Container to Maersk

DCM Shriram Group has delivered India's first domestically manufactured EXIM shipping container to Maersk, marking a major milestone for the country's maritime manufacturing...

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Japan’s Proterial to Invest ₹2,250 Crore in Rare Earth Magnet Manufacturing Plant in Andhra Pradesh

Japan-based Proterial will invest ₹2,250 crore to establish a rare earth permanent magnet manufacturing facility in Andhra Pradesh, strengthening India’s electric vehicle, renewable...

IndiaIndustrialMarket UpdatesMetalNewsSteel Daily

Jindal Steel and Danieli Achieve Record Performance at Angul Steel Plant

Jindal Steel has achieved record-breaking performance at its Angul steel plant in Odisha, with Danieli-supplied twin slab casters surpassing guaranteed production benchmarks and...

IndiaIndustrialInvestmentMarket UpdatesNewsSteel Daily

JFE Steel invests ₹7,875 crore in JSW Kalinga, acquires 25% stake

JFE Steel Corporation has invested ₹7,875 crore in JSW Kalinga Steel, acquiring a 25 per cent stake and strengthening its strategic partnership with...

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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...