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Palakkad Industrial Smart City to be Developed in Single Phase; Work Set to Begin This Month

The Kerala Industrial Corridor Development Corporation (KICDC) will develop the Palakkad Industrial Smart City in a single phase under the Kochi Bengaluru Industrial...

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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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GST Reduced to 5% on Building Materials, Utensils, and Handicrafts to Benefit Public and MSMEs

The 56th GST Council meeting reduced GST on building materials, household utensils, handicrafts, and certain transport services from 12% to 5%. This move...

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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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BEML Moves to Build Indigenous Tunnel Boring Machines, Reduce Dependence on China

This state-owned  Bharat Earth Movers Limited (BEML) is preparing to manufacture tunnel boring machines (TBMs) so that India’s reliance on Chinese imports could...

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SAIL Powers Navy’s New Frigates with 8,000 Tonnes of Critical Steel

The Steel Authority of India Limited (SAIL) has once again reinforced its role in India’s defense sector by supplying around 8,000 tonnes of...

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Escorts Kubota to Invest ₹4,500 Crore in Tractor Manufacturing Plant at YEIDA

Later, a plan to erect a gigantic tractor manufacturing unit worth ₹4,500 crore is in the pipeline for Uttar Pradesh by Escorts Kubota...

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JSW Steel, Japan’s JFE to Invest ₹5,845 Cr to Ramp Up Electrical Steel Output in India

In a major push to strengthen India’s domestic manufacturing of energy-efficient steel, JSW Steel and Japan’s JFE Steel will jointly invest ₹5,845 crore...

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SAIL Hikes FY26 Capex to ₹7,500 Cr to Fast-Track Expansion Towards 2030 Goal

In line with accelerating its steel production capacity to 35 million tonnes per annum (MTPA) by 2030, SAIL raises its capital expenditure allocation...

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PM Modi Unveils ₹4,900-Cr Infra Push in Tamil Nadu, Boosts Connectivity and Trade

Prime Minister Narendra Modi inaugurated and laid the foundation stones for ₹4,900 crore worth of infrastructure projects in the state of Tamil Nadu...