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The government sets ambitious credit growth targets for MSMEs

The Indian government has set credit growth targets for Micro, Small, and Medium Enterprises (MSMEs), mandating additional credit of ₹1.54 lakh crore in FY25 and total credit growth of ₹5.75…

Atlas Copco appoints Shalini Sharma as first Indian female GM

Atlas Copco Group has appointed Shalini Sharma as the new general manager (GM) for its brand studio in India. Sharma is the first Indian woman to hold this position, marking…

Reusable Starship sets new standards in global manufacturing

SpaceX’s Starship success in reusable rockets, capturing boosters mid-air, signals transformative advances for global manufacturing and our ambitions in sustainable, cost-effective space exploration and connectivity expansion. SpaceX completed a crucial test…

LAPP India appoints Sumit Mitra as their new MD

Bringing a wealth of experience from high-impact roles, including his recent tenure at SKF Group, Sumit is credited for driving operational excellence and market growth in both Indian enterprises and…

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eMagazine April 2025

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Mitsubishi’s Climaveneta to invest ₹400 crore in manufacturing facility near Bengaluru

The company is investing around Rs 400 crore on a 2.5 lakh sq ft manufacturing facility, located at Narasapura, close to Bengaluru with an aim to capitilise on chiller market.…

Setco Spindles India exports spindles to South Korea

Setco Spindles India completed trials and dispatched the first commercial export order to South Korean Machine Tool OEM. Setco Spindles India, a part of Setco, the world’s largest independent spindle…

SMEL introduces a blast furnace and sinter plan at Jamuria for higher steel output

Shyam Metalics and Energy Ltd. (SMEL)  has commissioned a blast furnace and sinter plant at its Jamuria location, costing ₹. 600 crore, to increase production capacity and meet the growing…

AM/NS India to invest ₹1.4 lakh crore in Andhra Pradesh steel project

The AM/NS steel project will be one of the most notable greenfield ventures in recent times. In the first phase, the business will build a blast furnace steel factory with…

UNITED GRINDING Group to acquire GF Machining Solutions Division

UNITED GRINDING Group has agreed to acquire its GF Machining Solutions Division (GFMS) from Georg Fischer AG, Schaffhausen, Switzerland. UNITED GRINDING Group announced the signing of an agreement with Georg…

Schneider Electric introduces MasterPacT for sustainable energy management

Schneider Electric has introduced the MasterPacT MTZ Active, a circuit breaker designed to enhance safety, efficiency, and sustainability while maintaining business continuity. Schneider Electric, a pioneer in digital energy management…

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