LT Elevator Targets Rs 400 Crore Revenue by FY28
Kolkata-based LT Elevator plans to exceed Rs 400 crore revenue by FY 2028, driven by the acquisition of Ricardo Elevators and a new South Korean partnership for mechanical parking systems.
Category : Industry
UP Expands Bioplastic Stamp Duty Exemption
The Uttar Pradesh stamp and registration department has approved up to 100% stamp duty exemption for non-anchor bioplastic units, extending benefits beyond anchor units under the state's bioplastic policy.
Telangana Targets $25B Investment, Top 5 Life Sciences Ranking
Telangana unveils ambitious Life Sciences Policy 2026-30 at Davos, targeting $25 billion investments and 500,000+ jobs to position Hyderabad among world's top five life sciences clusters by 2030.
FMCG Giants Turn to D2C Brands Amid Shifting Tastes
Traditional FMCG companies are investing heavily in direct-to-consumer brands to capture premium markets and counter slowing growth in their core portfolios.
Budget 2026: EV Sector Focus Shifts to Manufacturing
As India's electric vehicle registrations cross 2.3 million units, the upcoming Union Budget 2026 must prioritize manufacturing execution, capital access, and supply chain resilience over short-term incentives.
Gujarat Deputy CM at Davos 2026: State Embraces AI
Gujarat Deputy CM at WEF Davos 2026 expressed confidence in the state's readiness for AI-driven changes, highlighting proactive steps to adapt to global technological shifts.
India Targets 350 Airports by 2047
India's Civil Aviation Minister announced at Davos that the country aims to expand its airport network to up to 350 by 2047, boosting connectivity and economic growth.
IndiGo Assures DGCA of Pilot Availability Post-Feb 10
IndiGo has informed DGCA it will have 2,400 captains for A320 fleet against requirement of 2,280 to maintain stable operations after FDTL exemptions lapse on February 10.
Indigo Assures DGCA of Stable Operations
Indigo Airlines has informed the Directorate General of Civil Aviation that its flight operations will remain stable after certain regulatory exemptions expire, ensuring no disruptions for passengers.
Skoda Kushaq Facelift Launched in India
Skoda India introduces the updated Kushaq SUV with fresh design, enhanced features, and unchanged powertrains. Bookings have started ahead of the February price announcement.
Chhattisgarh Boosts Pharma Hub with Incentives and Infrastructure
Chhattisgarh intensifies efforts to become central India's leading pharmaceutical and biotechnology hub through high-incentive policies, a dedicated pharma park, and power surplus advantages.
Recyclekaro Opens Rare Earth Research Centre in Maharashtra
Recyclekaro has inaugurated a new Rare Earths and Advanced Materials Research Centre in Maharashtra, strengthening its urban mining and e-waste capabilities.
AM Green Group, UP Govt Sign MOU for 1 GW Data Centre
AM Green Group inks an MOU with the Uttar Pradesh government to develop a 1 GW compute data centre, enhancing digital infrastructure and creating jobs by 2026.
India Plans Digital Upgrade for MSMEs Using AI and Sensors
The government is launching a pilot in Gujarat to equip MSMEs with digital tools like machine monitoring and AI to improve quality and reduce export rejections.
Toyota Enters India EV Market with Maruti-Suzuki Partnership
Toyota Kirloskar Motor launches its first electric car in India, the Urban Cruiser Ebella, through its partnership with Maruti Suzuki. Bookings open but prices and delivery dates remain undisclosed.
Karnataka Woos Global Giants at WEF 2026 for Industrial Boost
Karnataka's Industries Minister M B Patil is actively engaging with global corporate leaders at the World Economic Forum 2026 to attract major investments and drive industrial growth in the state.
Sigma Acquires UK's Nasmyth for Global Aerospace Platform
Sigma Advanced Systems acquires UK-based Nasmyth Group to create a globally integrated aerospace and defence manufacturing platform, enhancing its capabilities.
Bengaluru Woman Auto Driver Earns Rs 45,000 Monthly
A Bengaluru auto-rickshaw driver shares her inspiring journey of earning Rs 45,000 monthly, paying off a Rs 2.5 lakh loan, and being part of a 300-women strong group in Koramangala.
HRV Pharma, Haleos Labs Partner for Orphan Drug APIs
HRV Global Life Sciences and Haleos Labs announce a multi-year partnership to develop and manufacture orphan-drug APIs for global markets, targeting 5-7 new molecules annually.
IKEA Doubles India Investment to $2.2 Billion, Plans Growth
IKEA announces plans to invest over $2.2 billion in India over five years, aiming to quadruple sales, open more stores, and launch online services in new cities.
Chemvolt Global's INR 2,500 Cr Gigafactory in Andhra Pradesh
Chemvolt Global announces a INR 2,500 crore investment to establish a 5 GWh lithium-ion cell gigafactory in Andhra Pradesh, boosting India's EV and energy storage sectors.
Škoda's Multi-Fuel Plan for India Before CAFE-III Norms
Škoda Auto is developing electric, hybrid, CNG, and flex-fuel technologies to meet India's upcoming CAFE-III emission standards in 2027, moving beyond just EVs.
Apollo Micro Systems Invests Rs 300 Crore in Defence Expansion
Defence firm Apollo Micro Systems announces a Rs 300 crore investment to expand its manufacturing facility, aiming to boost production capacity and meet growing defence sector demands.
Toyota Launches Urban Cruiser Ebella Electric SUV
Toyota Kirloskar Motor unveils its mass-market electric SUV, the Urban Cruiser Ebella, with bookings open at Rs 25,000. It offers two battery options, up to 543 km range, and premium features.
IKEA Doubles India Investment to $2.2 Billion
Swedish furniture giant IKEA announces plans to more than double its India investment to over $2.2 billion in five years, targeting 30 stores and quadrupling sales.
Toyota Ebella EV Debuts: Bookings Open at ₹25,000
Toyota launches its first electric car in India, the Urban Cruiser Ebella EV. Based on Maruti Suzuki e Vitara, it offers nine colours and premium features. Bookings start now.
Bisleri & NBT Launch Comic Book on Waste Management for Kids
Bisleri International and National Book Trust launch a new comic book for children focusing on waste management at the New Delhi World Book Fair 2026.
Skoda 2026 Kushaq Facelift Launched with New Features
Skoda India reveals the 2026 Kushaq facelift with five trim options, a five-star safety rating, and significant design updates. Pre-bookings open now ahead of March 2026 launch.
MP Attracts Global Investors with New Opportunities
Madhya Pradesh government engages with international investors to discuss lucrative investment opportunities across various sectors, aiming to boost economic growth.
Swiggy: Huge India Potential, No Global Plans Now
Swiggy's CEO reveals only 10-12% of Indians have used food delivery, leaving 85-90% untapped. The company focuses on domestic growth, delaying international expansion.
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