PTI reported that tractor maker Indo Farm Equipment is eyeing to double tractor exports in current fiscal by expanding its overseas market to Eastern European countries and South America with a range of high-powered capacity tractors. Mr ...
Tags: farm equipment, tractor equipment, tractor prices, tafe tractor
BS reported that Aditya Birla Group company Hindalco will receive USD 100 million in financing from Export Development Canada or EDC, the country’s export credit agency for its Mahan Aluminium Project in Madhya Pradesh. The ...
IANS cited Dr Raman Singh CM of Chhattisgarh as saying that Maoist violence hit Bastar district in his state will witness development after the commissioning of a INR 10,000 crore steel plant. The 3 million tonne per annum capacity steel ...
Tags: development, steel plant, production
Dr Farooq Abdullah minister of New and Renewable Energy informed the Lok Sabha that the Remote Village Electrification program, which was approved up to 31st March 2012, proposals were received from the State identified implementing ...
Tags: renewable energy, energy companies, solar energy, solar subsidy
The Ministry of Micro,Small and Medium Enterprises provides marketing facilities for khadi and village industries(KVI)products including products of cottage industries through KVI sales outlets of Khadi and Village Industries ...
Hindustan Times reported that the state might have earned more than INR 3,000 crore in royalty from mining in 2011-12 as per government records and has lost almost double that amount to illegal mining. HT traveled across the state to ...
Tags: illegal mining, iron ore, mining
India-based Mahindra & Mahindra (M&M) is planning to invest (INR40bn)$716.9m to build a new four-wheeler vehicle manufacturing plant in Tamil Nadu, India. M&M's move follows Maharashtra government's assessment to remove a sales tax ...
Tags: Mahindra, manufacturing plant, India
Mahindra & Mahindra is planning to invest INR30bn ($578m) to open a new sport utility vehicle (SUV) manufacturing facility in Madhya Pradesh, India. The automaker has examined a land in Bagroda, around 20 km from Bhopal. Madhya Pradesh ...
Tags: Mahindra, Invest, Manufacturing Plant, Indian
Volvo Eicher Commercial Vehicles (VECV), a joint venture between Volvo and Eicher Motors, is planning to invest INR2.88bn ($53.41m) at its Pithampur plant in Madhya Pradesh, India. With the investment, the company aims to develop a ...
Tags: Volvo, invest, Indian plant, Eicher Motors
Apparel brand Woodland has set a sales target of Rs. 8 billion for the ongoing fiscal year 2012-13. The company said against its last fiscal’s turnover of Rs. 7 billion, this fiscal it aims to tap a turnover of Rs. 8 billion. ...
Tags: Woodland, sales target, fiscal year 2012-13
Union Minister for Commerce, industry and Textiles Shri Anand Sharma has held a review meeting for early commencement of minimum support price operations to stabilize cotton prices which have witnessed a sharp decline and are operating ...
Tags: cotton price, cotton market, cotton industry, staple cotton
Indian packaging solution provider ACG Worldwide is set to invest Rs4bn ($72m) in order to establish a new manufacturing plant at Pithampur, Indore in the Indian state of Madhya Pradesh. The company is setting up its new plant in a ...
Tags: India, ACG, packaging, plant, capsule filling machines
The Government of India’s decision to restructure loans worth Rs. 350 billion is expected to play a major role in revival of the industry, Mr. V Narayanasamy, Union Minister of State in the Prime Minister’s Office (PMO) said, ...
Tags: textile Sector, textile market, textile industry, restructure loans
Promart Retail India Pvt. Ltd, a discounted retail chain and value format concept is all geared to make Rajasthan, Chhattisgarh and Madhya Pradesh (MP) more fashionable. The discounted format brand provide amazing discounts and unmatched ...
Tags: new stores, affordable prices, brands
Automotive Axles (AAL), a manufacturer of rear drive axle assemblies, is planning to build a new greenfield plant in Madhya Pradesh, India and is now in the process of finalising the location. AAL is a joint venture of auto components ...
Tags: rear drive axle assemblies, new auto parts plant, automotive axles