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JSW Steel Plans 50:50 Joint Venture with Japan’s JFE Steel to Cut Debt and Fuel Expansion

JSW Steel is seeking shareholder approval to form a 50:50 joint venture with Japan’s JFE Steel, unlocking major capital inflows, reducing debt, and...

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Cement and Steel Output Drive India’s Core Sector Momentum in November

Strong growth in cement and steady expansion in steel production supported India’s core sector performance in November, signalling continued momentum in construction and...

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Visakhapatnam Steel Plant Under Pressure as Output Falls

The Union Steel Ministry has raised serious concerns over falling production and recurring conveyor failures at the Visakhapatnam Steel Plant, stressing that the...

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JSW Steel Reports 9% Rise in Crude Steel Production Despite Vijayanagar Furnace Shutdown

JSW Steel recorded a 9% year-on-year growth in crude steel production for October 2025, maintaining strong operational performance despite the temporary shutdown of...

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Surya Roshni Announces Rs 1,800 Crore Expansion Plan, Allocates Rs 500 Crore to Madhya Pradesh

Surya Roshni has announced a Rs 1,800 crore expansion plan, with Rs 500 crore allocated to Madhya Pradesh to boost sustainable manufacturing and...

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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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Sintex Targets 5% Market Share in Pipes and Fittings, Eyes Aggressive Expansion

Sintex, a leading name in water storage solutions, is now aggressively expanding into pipes, fittings, and electrical products, aiming for a 5% share...

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Steel Duty Hike Could Dent MSME CE Manufacturers, Warns JCB India CEO

The proposed 12% safeguard duty on imported non-alloy and alloy steel flat products could sharply impact micro, small and medium enterprises (MSMEs) in...

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Andhra Approves ₹1.35 Lakh Cr ArcelorMittal Plant, Cuts Bar Licence Fee

In a significant boost to industrial investment in the state, the Andhra Pradesh Cabinet has approved the proposed establishment of a steel factory...

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Chennai Leads Construction Cost Surge in Industrial and Warehousing Sectors: Savills India Report

Savills India’s latest Construction Cost Guide: Industrial & Logistics reveals notable cost increases in building General Manufacturing and Grade-A Warehousing facilities across India’s...