Skip to main content

Emerging Manufacturing Insights

Trending Insights

:

Karl Schüssler GmbH & Co. KG expands in India

| Karl Schüssler GmbH & Co. KG, a global leader in precision engineering since 1970, proudly announces the establishment of its wholly-owned subsidiary, SCHUESSLER India Pvt. Ltd. This strategic expansion reflects the company’s commitment to serving the growing Indian market with enhanced efficiency and innovative solutions. Through this initiative, SCHUESSLER India will invoice customers in Indian […]

Bharat Forge Limited successfully raises Rs 1,650 Crores through QIP

| Bharat Forge Limited is pleased to inform about the successful fund raise of Rs 1,650 Crores with the closure of its qualified Institutional Placement (QIP) on 9th December 2024. The issue witnessed significant interest from Domestic & Foreign Qualified Institutional investors resulting in more than 10X demand of the issue size. More than 90% allocation was made to marquee Domestic & Foreign Long Only funds and Insurance Companies. The issue of the QIP was done at Rs 1,320 per share while the floor […]

Apparel Industry upset with GoM’s Proposed GST Hike as it will affect Growth

| The Group of Ministers (GoM) on Rate Rationalization, led by Bihar Deputy Chief Minister Samrat Chaudhary, recently proposed significant changes to GST rates for the Apparel sector, announced on Monday, December 2, 2024. According to the new recommendations, readymade garments priced up to ₹1,500 will continue to attract 5% GST, while those in the ₹1,500 […]

Micelio Honours iCreate as Impact Incubator/Accelerator of the Year at Mobility Awards 2024

| Micelio, a leader in clean mobility, hosted its second Annual Mobility Awards 2024, spotlighting trailblazers in sustainable transportation. Among the honorees, iCreate (International Centre for Entrepreneurship and Technology) received the prestigious Impact Incubator/Accelerator of the Year award for advancing clean mobility innovation and start-up growth across India. Under the leadership of CEO Avinash Punekar, iCreate […]

Iex Power Market Update, November’24

| Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase.  During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, […]

Tata Autocomp Systems Limited appoints Manoj Kolhatkar as Managing Director & CEO

| Tata AutoComp Systems Limited (TACO), leading automotive components conglomerate serving Indian and global OEMs, announced the appointment of Mr. Manoj Kolhatkar as its new Managing Director & CEO. Commenting on the appointment, Mr. Arvind Goel, Chairman, Tata AutoComp Systems Limited, said: “It gives me great pleasure to welcome Manoj Kolhatkar to the Tata AutoComp family. […]

Pune-based Bharat Forge Honoured with Prestigious IGBC Green Champion Award!

| In a testament to its commitment to sustainability, Bharat Forge Ltd., India’s leading manufacturing major and global provider of high performance and innovative essential components, has been recognized with the esteemed IGBC Green Champion Award at the Green Building Congress 2024 held at the Bangalore International Exhibition Centre, Bengaluru. This prestigious award acknowledges Bharat Forge’s […]