Tokyo, Nov 27
The world’s two biggest steelmakers, Nippon Steel & Sumitomo Metal and ArcelorMittal, are close to a $2-billion deal to buy a US factory from Germany’s ThyssenKrupp, a report said Wednesday.
November 25, 2013
For Danish pump manufacturer Grundfos, India is a huge market — one that it has acknowledged as its “second home market”. It has been here since the late 1990s and has a nearly 5 per cen...
Kozhikode, Nov. 24
This ancient seaside trading city is fast becoming the non-leather footwear hub of India.
With nearly 100 manufacturing units and roughly 500 ancillary units within a radius of 30-40 km,...
Hyderabad, Nov. 21
The next time you buy a soft toy from a global retailer, chances are, it was made in a small unit located in Sri City, an industrial hub in Andhra Pradesh’s Chittoor district.
The range o...
Mumbai, Nov 21
Godrej Aerospace said on Thursday that it has handed over the first batch of 40 air-frames for the BrahMos missile to BrahMos Aerospace.
The air version of the Brahmos missile i...
Sri City, Nov 20
Cadbury's, Pepsi among those to set up units
Mumbai, Nov 18
To give Rs 5,000-cr refinance to SIDBI; bank credit to medium units under priority ambit
Bangalore, Nov 13
Siemens has signed an MoU with Karnataka’s Government Tool Room and Training Centre (GTTC) to provide an impetus to skills development in the machine tool industry.
This initiative will s...
Pune, Nov 12
German manufacturer Knorr-Bremse has set up a new plant to make complete braking systems for trucks as well as a technology centre for engineering design in Pune.
Set up with an investmen...
Hyderabad, Nov 8
US-based diversified conglomerate General Electric Co says the huge talent pool and lower manufacturing costs in India will drive the company’s plan to make the country a manufacturing hub for its...
Chennai, Nov. 26
The Chennai-Bangalore industrial corridor will be a good business opportunity for MSMEs to support Japanese companies setting up manufacturing units in the corridor provided they have the skilled...
Chennai, Nov. 25
Schneider Electric on Monday commissioned a factory to manufacture electricity grid components and systems near Chennai.
The factory will also produce a new range of products including fe...
Mumbai, Nov. 23
Indian electrical and electronic equipment makers have been steadily losing ground to the Chinese over the last few years.
Imports from China constitute 45 per cent or Rs 29,054.46 crore...
Bangalore, Nov. 21
Ashok Leyland John Deere Construction Equipment Company, a joint venture between Ashok Leyland and John Deere, unveiled its 435E Backhoe Loader (BHL) at Excon. The new product will...
Sri City, Nov 20
Italian multinational conglomerate Danieli is setting up a manufacturing facility for building plant and equipment for the steel industry. Danieli is the third largest supplier of plant...
Pune, Nov 19
Lenze Mechatronics, a subsidiary of Germany-based Lenze SE, has set up a manufacturing facility at Chakan near Pune.
Built with an investment of over Rs 25 crore, the new facility will ma...
Washington, Nov 14
Noting its role in reviving the US economy and creating jobs, President Barack Obama will today visit a steel plant owned by NRI tycoon Lakshmi Mittal whose company is the largest supplier of stee...
New Delhi, Nov. 12
South Korean steel major Posco has got time till next year to acquire land and disburse compensation for its proposed multi-product Special Economic Zone in Odisha.
The Board of Approval...
Kolkata, Nov 11
India would see a “subdued growth” in manufacturing in the October-December quarter of this fiscal, a survey by industry body FICCI said. Though there are signs of “upturn” in sectors su...
New Delhi, Nov 8
Services and manufacturing activities across emerging markets rose at the fastest pace in seven months in October, even as India registered its fourth successive dip in private sector output durin...