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ICEMA Projects India's Construction Equipment Volume to Grow 7% in FY27

ICEMA Projects India's Construction Equipment Volume to Grow 7% in FY27

autherKiran Murali     calendar08 May 2026

The industry had a weak financial year 2026, with domestic construction equipment sales falling around 7%.

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MRF FY26 Net Profit Rises 30%; Revenue up 11% to Rs 31,654 Crore
MRF FY26 Net Profit Rises 30%; Revenue up 11% to Rs 31,654 Crore

autherArunima Pal calendar08 May 2026

The company attributed the healthy performance to new product launches across truck, passenger vehicle and two-wheeler...

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zingbus Reports Over 100% Growth on Key Intercity Routes Amid Summer Travel Surge
zingbus Reports Over 100% Growth on Key Intercity Routes Amid Summer Travel Surge

autherArunima Pal calendar08 May 2026

The company said rising airfares and limited availability across other transport modes are prompting more travellers t...

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Renesas Completes Irida Labs Acquisition To Expand Edge Vision AI Portfolio
Renesas Completes Irida Labs Acquisition To Expand Edge Vision AI Portfolio

autherAutocar Professional Bureau calendar08 May 2026

The acquisition adds embedded Vision AI software capabilities to Renesas’ edge AI portfolio, with integration planned ...

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Bharat Forge Takes ₹450-Crore EV Hit, Begins Europe Steel Restructuring
Bharat Forge Takes ₹450-Crore EV Hit, Begins Europe Steel Restructuring

By Darshan Nakhwa and Shahkar Abidi calendar07 May 2026

The components manufacturer initiated a restructuring of its European steel operations while projecting a 25 percent r...

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Royal Enfield to set new manufacturing facility in Andhra Pradesh with Rs 2,200 crore investment: Report
Royal Enfield to set new manufacturing facility in Andhra Pradesh with Rs 2,200 crore investment: Report

autherAutocar Professional Bureau calendar07 May 2026

The motorcycle manufacturer is expanding its footprint outside Tamil Nadu for the first time since 1955.

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ZF Sees India Emerging as a Software-Led Aftermarket Growth Hub
ZF Sees India Emerging as a Software-Led Aftermarket Growth Hub

By Mukul Yudhveer Singh and Anurag Chaturvedi calendar07 May 2026

Connected fleets, diagnostics, EV servicing and localisation are reshaping the German major’s India strategy as the pa...

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Escorts Kubota Q4 Net Profit Rises 30% on Strong Tractor Sales
Escorts Kubota Q4 Net Profit Rises 30% on Strong Tractor Sales

autherDarshan Nakhwa calendar07 May 2026

Standalone net profit from continuing operations rose to ₹324.8 crore, helped by 21% growth in tractor volumes and imp...

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Himadri Maps FY27 Growth Push with Battery Materials, Birla Tyres and Speciality Chemicals
Himadri Maps FY27 Growth Push with Battery Materials, Birla Tyres and Speciality Chemicals

By Darshan Nakhwa and Shahkar Abidi calendar07 May 2026

The company plans to operationalise its LFP cathode material project, scale up Birla Tyres capacity, expand its specia...

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Ministry of Mines Selects LICO Materials to Extract Critical Minerals from Used Batteries
Ministry of Mines Selects LICO Materials to Extract Critical Minerals from Used Batteries

autherShruti Shiraguppi calendar07 May 2026

LICO is among 58 companies chosen under the National Critical Mineral Mission, with a ₹240 crore investment committed ...

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POLL OF THE MONTH

Has the US-Iran war given a structural boost to EV adoption in India?

Has the US-Iran war given a structural boost to EV adoption in India?

Yes

 

70.85%

No

 

29.15%

Total Votes : 319