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CAPACITY CONSTRAINTS IN STEEL PRODUCTION
EVs to account for 10% of India's car market by FY28, says Tata Motors' Shailesh ChandraElectric cars are poised to capture nearly 10% of India's passenger vehicle market by the end of fiscal year 2027, according to Tata Motors...- India's manufacturing growth slows in Q1 as West Asia conflict weighs: FICCIIndia's manufacturing sector anticipates a slower growth phase in the April-June quarter of FY27, influenced by the West Asia conflict. Whi...
- Voltas gears up to start AC exports to tap growing demand in Europe, Middle EastVoltas, India's leading air-conditioner maker, is set to expand its global footprint by exporting to Europe and the Middle East, leveraging...
- Stainless steel industry seeks end to QCO relief from July 1India's stainless steel makers are urging the government to reinstate strict quality control norms from July 1, warning that a temporary re...
- EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
- Vedanta Iron & Steel shares extend winning streak, surge 10%; stock up 70% since listingVedanta Iron & Steel shares jumped, extending an 11-day winning streak and taking total gains to over 70% since listing earlier this month....
- VMS TMT board clears AUSL merger with companyVMS TMT has announced its board has approved the merger with TMT bars maker Aditya Ultra Steel Ltd (AUSL). This strategic amalgamation aims...
- Railway Ministry declines Defence Ministry's plea to reduce military special train size, chargesThe Railway Ministry has turned down the Defence Ministry's plea to reduce the minimum size of military special trains from 30 to 20 wagons...
- Anubhav Plast shares list flat at IPO price of Rs 80 on BSE SME platformAnubhav Plast shares debuted at their IPO price of Rs 80 on the BSE SME platform, mirroring grey market expectations. The company's Rs 80 c...
- Capacity augmentation, value-added applications critical for making India leader in stainless steel productionWith a growing domestic market and potential in sectors like green hydrogen and pharmaceuticals, India aims to be a manufacturing and innov...
- Of service to the State: Bengal should prioritise high-skill services, sidestep constraints that make manufacturing difficultWest Bengal's new budget prioritizes job creation, but the path through manufacturing faces significant hurdles like fragmented land and in...
- Don't let AI chip off the old blockThe soaring demand for memory chips driven by artificial intelligence is leading to significant shortages that are affecting various indust...
- Google limits Meta's use of its Gemini AI models: ReportGoogle, owned by Alphabet, told Meta around March it could not meet the full Gemini capacity the company had sought to purchase, the news...
- India initiates anti-dumping investigation into steel imports from China, Japan, RussiaIndia has launched an anti-dumping investigation into hot rolled steel imports from China, Japan, and Russia. JSW Steel and Jindal Steel al...
- Anti-dumping duty on electrical steel may push transformer costs, impact grid expansion: GTRIA potential anti-dumping duty on crucial cold-rolled grain-oriented electrical steel (CRGO) imports could significantly hike transformer ma...
- Bajaj Auto to push premium motorcycles, turbocharge Chetak in FY27: ChairmanBajaj Auto is set to bolster its 125cc+ motorcycle range and accelerate the electric Chetak's growth in FY27. The company plans to boost ex...
- Stainless steel sector MSMEs flag import surge, urges govt to reintroduce quality control orderIndian stainless steel MSMEs are urging the government to reinstate a quality control order after its suspension led to a surge in cheap Ch...
- Industry must adopt emerging tech to boost productivity, remain competitive: Steel MinisterUnion Steel Minister HD Kumaraswamy has urged the Indian steel industry to embrace emerging technologies like AI and IoT to boost global co...
- Vedanta Aluminium Metal to double production capacity to 60 LTPAVedanta Aluminium Metal Ltd, now a listed entity, plans to double its production capacity to 60 lakh tonnes per annum. This expansion aims ...
- Steel industry sounds alarm over slow progress on green steelThe global push for green steel faces significant hurdles, with half of planned projects delayed and government support falling drastically...
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