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German machine tool industry expecting no upturn until next year Frankfurt, 12 August 2025 – According to a statement released by the VDW (German Machine Tool Builders' Association), orders received by the German machine tool industry in the second quarter of 2025 remained at the same level as in the same period of the previous year. Domestic orders fell by 14 percent, while orders from abroad rose by 7 percent....

French group partner with MedTech zone for 3-D printed implants In a landmark collaboration that spans three continents, OIC International (USA), Medi Mold, part of the Andhra Pradesh Medtech Zone (AMTZ), and AddUp, a subsidiary of Fives Group (France) have announced a strategic partnership to establish India’s most advanced orthopedic implant manufacturing facility powered by 3D printing and precision engineering. The facility will be housed within AMTZ, India’s flagship medical...

Transrail Lighting Q1 FY26 PAT Doubles, Revenue Up 81% Mumbai | Tuesday, August 5, 2025 – Transrail Lighting Limited, a leading EPC company in India with a strong focus on the Power Transmission & Distribution (T&D) sector, has reported a robust financial performance for the first quarter of FY26, ending June 30, 2025. The company recorded an impressive 81% year-on-year growth in operational revenue, reaching ₹1,660 crore compared to ₹916...

Medistep Healthcare IPO to open on Aug 8 The Initial Public Offer (IPO) of pharmaceutical company Medistep Healthcare Limited will open on Friday, August 8. The issue will remain open for subscription till Tuesday, August 12. The share will be listed on NSE SME platform on Monday, August 18. Fast Track Finsec Private Limited is the Lead Manager of the issue while Cameo Corporate Services Limited is the Registrar to the...

ABB India marks 30 Years of NSE Listing ABB India Limited, a leading player in electrification and automation, celebrated 30 years of its listing on the National Stock Exchange (NSE) with a ceremonial bell-ringing event at NSE Mumbai. The event was graced by Ashishkumar Chauhan, MD & CEO of NSE, and Sanjeev Sharma, Country Head and Managing Director, ABB India, alongside senior leaders from both organizations. Listed on February 8, 1995,...

Quality Power Wins ₹11.5 Cr US Order for Reactors Amid global trade shifts and supply chain realignments, Quality Power Electrical Equipments Ltd., a leading manufacturer of high-voltage power equipment, has landed a significant export order worth approximately ₹11.5 crore (~USD 1.39 million). The contract involves the supply of oil-filled current limiting reactors to the United States and was awarded by a Fortune 500 European engineering firm. The order will be fulfilled...

Delhi Govt Calls for PPP in Urban Infrastructure Development 17th NAREDCO National Convention Set to Spotlight Regulatory Reforms, Urban Transformation, and Real Estate Growth New Delhi, 1st August 2025: As India pushes forward its urbanisation and housing ambitions amid rapid demographic and economic shifts, the National Real Estate Development Council (NAREDCO) today announced the 17th edition of its flagship National Convention, scheduled for August 29–30, in New Delhi. With the theme...

ABB India, THINK Gas Announce Strategic Partnership ABB India Ltd has successfully commissioned its ABB Ability SCADAvantage solution for THINK Gas Pvt. Ltd. (formerly AG&P Pratham), enabling end-to-end automation and digitalization of their City Gas Distribution (CGD) network spanning ten Indian states. The network spans 19 Geographical Areas (GAs) across Andhra Pradesh, Bihar, Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh, and Tamil Nadu, comprising 500+ CNG stations,...

AI Adoption Soars in Life Sciences Manufacturing Amid Rising Challenges As challenges mount across the life sciences sector, manufacturers are rapidly embracing advanced technologies, particularly artificial intelligence (AI), to stay competitive. According to Rockwell Automation, Inc. - the global leader in industrial automation and digital transformation - smart technology adoption is becoming critical as the industry grapples with labor shortages, cybersecurity risks, and complex regulatory demands. Life sciences manufacturers are working...

Gainwell Commosales Adds 11 Dealer Outlets Across India New partnerships bring 250+ years of combined construction equipment expertise to serve customers nationwide Gainwell Commosales Pvt. Ltd., a leading provider of infrastructure solutions across construction, mining and energy sectors, has announced the appointment of experienced dealers across 11 strategic locations in India and neighbouring regions. This expansion significantly strengthens the company's ability to serve customers with locally manufactured, world-class construction equipment including...

USA-based Varex Imaging opens 2nd manufacturing unit at AMTZ Vizag In a significant boost to India’s medical imaging capabilities, Varex Imaging Manufacturing India Private Limited—a subsidiary of Varex Imaging Corporation (USA)— started its second advanced manufacturing facility at Andhra Pradesh MedTech Zone (AMTZ). The formal groundbreaking ceremony graced by Dr. Jitendra Sharma, MD and Founder-CEO of AMTZ; Andrew Hartman, Global Senior Vice President – Detectors, Varex Imaging Corporation and Vivek...

India's Construction Equipment Sales Dip 5% in Q1 FY26; Exports Surge 34% The Indian Construction Equipment (CE) industry recorded total sales of 28,687 units in Q1 FY26 (April–June 2025), reflecting a marginal 1% year-on-year (Y-o-Y) decline and a 30% quarter-on-quarter (Q-o-Q) drop from Q4 FY25. Domestic sales in Q1 FY26 stood at 24,809 units, nearly 5% lower compared to 26,020 units sold in Q1 FY25, and even lower than the...

ECE Powers Naravaripalle: Solar Village of Andhra Pradesh Naravaripalle – the native village of Andhra Pradesh Chief Minister Chandrababu Naidu – is no ordinary hamlet... it's now India's Solar Village…. lighting the way for the nation. As part of CM Naidu’s Vision 2029 – the dream of a self-reliant, green-powered Andhra Pradesh, over 1,600 homes in this village cluster are already harnessing the sun. How did this electrifying transformation happen? Who made...

ECE India Opens Corporate HQ in Pune ECE India Energies, one of India’s fastest-growing solar panel manufacturers, inaugurated its new state-of-the-art corporate headquarters in Pune on June 6. Strategically located at Regent Plaza, Baner, the 2,500 sq. ft. office is poised to serve as the nerve centre for the company’s corporate operations and strategic planning, marking a major milestone in its journey towards becoming a national solar brand. The grand opening...

Brother Machine Tools opens Tech Center in Pune In a significant move towards reinforcing its commitment to the Indian manufacturing ecosystem, Brother Machine Tools India has inaugurated its state-of-the-art Technology Center in Pune, Maharashtra. The launch marks a major step forward in the company’s mission to deliver innovative, high-precision manufacturing solutions tailored for the Indian market. A New Chapter in Smart Manufacturing The newly inaugurated tech center stands as a testament to Brother...