Czech firms aim to expand India footprint

New Delhi: Czech Republic companies engaged in the manufacturing of auto, engineering parts and cable cars are expected to increase investments in India.

Indian Industrial Valve market expected to reach USD 3 bn by 2023

Coimbatore: The industrial valve market in India is estimate to grow at a compound annual growth rate (CAGR) of over 9 per cent to reach US$ 3 billion by 2023, according to the Eng...

'Domestic tractor industry volumes to grow by 12-13% in FY18'

Mumbai: Domestic tractor industry in India is expected to witness a record annual growth of 12-13 per cent in 2017-18 and maintain a growth rate of 8-9 per cent over the long term,...

Capital goods, infra order book doubles in December quarter

Mumbai: There has been significant improvement in the order inflow trend for capital goods and infrastructure companies with the order value having more than doubled on a year-on-y...

Danfoss India eyes up to 50% localisation by 2020

Chennai: With an aim to increase its presence in India, Denmark-based heating ventilation and air-conditioning (HVAC) giant, Danfoss, is planning to take its manufacturing localisa...

Force Motors ties up with Rolls-Royce Power Systems to form Indian JV

New Delhi: Force Motors Ltd has entered into a joint venture (JV) with Rolls Royce Power Systems AG to form an Indian company which will manufacture engines for power generation an...

India's engineering exports to China rise 123% in June qtr

New Delhi: The exports of engineering goods from India to China rose 123 per cent year-on-year to reach US$ 629 million between April-June 2017, backed by an increase in shipments ...

L&T Q4 profit rises 29.5% to Rs 3,025 crore

Mumbai: Engineering and construction conglomerate Larsen & Toubro's (L&T) net profit rose 28 per cent year-on-year to Rs 3,025 crore (US$ 468.6 million) during January-...