Austria-based plantmaker Siemens Metals Technologies has announced that it will supply a rebar rolling mill for the Indian steel producer Kalika Steel Alloys Pvt. Ltd. (Kalika Steel). The mill will be erected in the Jalna plant in the state ...
Tags: Metallurgy, Mineral, Energy, Rebar Rolling
BNY Mellon, the global leader in investment management and investment services, has launched a global initiative to raise awareness of issues related to food security and waste through a series of nearly 100 employee volunteer events that ...
Tags: BNY Mellon, Food Security
Japanese tiremaker Bridgestone has unveiled plans to ramp up production at its facility Pune, Maharashtra, India, by 2015-end, with an investment of INR26bn ($421.2m). Bridgestone India operations managing director Tomio Fukuzumi was ...
Tags: Bridgestone, Tire Production
JSW Steel has officially acquired HeidelbergCement India's grinding plant in Raigad, Maharashtra, for an undisclosed sum. The acquisition was initially announced in May 2013 and the two companies signed the Business Transfer Agreements on 5 ...
Tags: Grinding Plant, Construction, Decoration
NY futures edged up slightly this week, as December gained 75 points to close at 85.47 cents, while March advanced 72 points to close at 85.18 cents. After a string of dull, low volume sessions, the market finally showed some signs of ...
India's Cabinet Committee on Economic Affairs (CCEA) has given its approval for continuation of Comprehensive Powerloom Cluster Development Scheme (CPCDS), a Central Sector Plan Scheme, during the 12th Five-Year Plan. The modified scheme ...
Tags: Textile
The Government of Karnataka, a state in southern India, is expecting that the state would attract over Rs. 100 billion in investments once the new textile policy is implemented, state Minister for Textiles and Ports Baburao Chincahnsur told ...
Tags: Textile
Current quotes for various Indian varieties rose significantly during the fortnight. The depreciating Rupee is causing great concern in the Textile Industry. From Rs 61.73 the Rupee depreciated to Rs 68.83 on 28th of August and recovered ...
Teemper has taken another step forward in its creative thinking with the launch of the all new designer wear collection for men. One of the top-notch names in the Indian fashion scene, it has uniquely incorporated the most luxurious ...
Tags: Teemper, wear collection
Tilaknagar Industries (TI), an India-based spirit maker, is in talks with global players like Suntory and Pernod Ricard to off-load 15-20% stake in the company for INR6bn ($98.8m). Chairman and managing director Amit Dahanukar and family, ...
The Government of Maharashtra is giving a major thrust to the textile sector, state Principal Secretary (Textile) Manoj Saunik has said. Addressing a FICCI-Invest In Maharashtra meet in Hyderabad, Mr. Saunik said out of the about 8.8 ...
Tags: Textile Sector
Cadbury India, a unit of US-based snacks company Mondelez International, plans to establish a new chocolate manufacturing facility in Andhra Pradesh, India, with an initial investment of more than INR10bn ($163m). The new plant will be ...
Commercial production has commenced in 26 of the 61 integrated textile parks sanctioned by the Indian Government under the Scheme for Integrated Textiles Park (SITP) in the country. This information was given by Ms. Panabaaka Lakshmi, ...
Tags: Commercial production, Textiles
The Government of India is keen on setting up an integrated textile park in the city of Nagpur, located in Maharashtra state. The Centre has asked the Nagpur district administration to speed up the process of taking over 50 acres ...
Tags: Indian Govt, Textile Park
There has been a fantastic spell of rains and some pockets in the country have had excess rainfall. As some parts of the country like Andhra Pradesh have received rainfall one month in advance it will quicken the process of more kappas ...
Tags: Season Cotton, Textile