Machinery
JSW Steel-JFE JV Acquires Thyssenkrupp India in ₹4,051 Crore Deal
In a landmark move, the joint venture between JSW Steel and Japan’s JFE Steel has successfully acquired Thyssenkrupp India for a hefty ₹4,051 crore....
Bobst Expands Operations in India, Strengthening Local Manufacturing Capacity
Bobst, a global leader in packaging and printing technologies, is significantly expanding its manufacturing footprint in India to meet rising market demand. With this...
Indian Railways Unveils New NTC Machine for Swift Track Laying
Indian Railways is set to revolutionize its construction capabilities with the introduction of a state-of-the-art New Track Construction (NTC) machine, designed to expedite the...
BEML Aims High with ₹900 Crore Capex Target and Returns to Construction Equipment Sector
BEML Limited, a prominent player in the manufacturing of mining and construction equipment, has announced an ambitious capital expenditure (capex) target of ₹900 crore....
Chinese Imports Impact Indian Construction Equipment Manufacturing Sector
The Indian construction equipment manufacturing sector is facing significant challenges due to a surge in cheaper Chinese imports. Industry experts report that an influx...
Tariff Cuts on Machinery Imports to Accelerate India’s Green Hydrogen Revolution
In a significant step towards promoting sustainable energy, the Indian government has announced tariff reductions on machinery imports aimed at boosting green hydrogen production....
JCB Aims to Enhance Sustainability by Cutting Fossil Fuel Use in Machinery
In a significant move towards sustainability, JCB, a leading manufacturer of construction equipment, has announced plans to make its machinery 'greener' by actively reducing...
India Mandates BIS Certification for Weaving and Embroidery Machines
In a significant move to enhance the quality standards of textile machinery, India has officially mandated the Bureau of Indian Standards (BIS) certification for...
India Implements Stricter Machinery Safety Regulations Affecting Over 150,000 Manufacturers
India has announced new machinery safety regulations that are set to significantly impact more than 150,000 manufacturers across the country. These regulations aim to...
ICRA Forecasts 70-80% Growth in India’s Mining and Construction Machinery Industry Over Next Five Years
India's mining and construction machinery sector is poised for significant growth, with projections indicating an expansion of 70-80% over the next five years, according...
