Tag: engineering

German machinery exports to India rise 11% as firms look beyond China

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German machinery exports to India rise 11% as firms look beyond China

VDMA president Bertram Kawlath | Photo Credit: Special Arrangement India is emerging as a strategic partner for German and European mechanical and plant engineering industry, driven by rising demand, investment opportunities and efforts to diversify supply chains away from China, according to the German Engineering Federation (VDMA). German machinery exports to India rose 11% to…

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Business

Three-day raw material expo takes off in Coimbatore

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Three-day raw material expo takes off in Coimbatore

Principal Commissioner of GST and Central Excise, Coimbatore, Dinesh P. Rao Pangarkar, (left) visiting a stall after inaugurating a raw material expo organised by the Coimbatore District Small Industries Association in Coimbatore on Tuesday, October 6, 2026.   | Photo Credit: PERIASAMY M The Principal Commissioner of GST and Central Excise, Coimbatore, Dinesh P. Rao…

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Business

Higher demand revives operations at small foundries in Coimbatore

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Higher demand revives operations at small foundries in Coimbatore

For the small foundries in Coimbatore, the last six months have seen a revival of orders after a phase of sluggish demand. “If the current trend continues, small foundries will start investing again,” said Coimbatore Tiny and Small Foundry Owners Association (COSMAFAN) president A. Shiva Shanmughakumar. The foundries in Coimbatore district require about two lakh…

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Business

Higher demand revives operations at small foundries in Coimbatore

Posted on By admin
Higher demand revives operations at small foundries in Coimbatore

For the small foundries in Coimbatore, the last six months have seen a revival of orders after a phase of sluggish demand. “If the current trend continues, small foundries will start investing again,” said Coimbatore Tiny and Small Foundry Owners Association (COSMAFAN) president A. Shiva Shanmughakumar. The foundries in Coimbatore district require about two lakh…

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Nation

T.N. government looks at developing GCCs in fintech space in Coimbatore, Chennai

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Higher demand revives operations at small foundries in Coimbatore

The Tamil Nadu government has announced setting up of a fintech hub in Coimbatore at ₹400 crore and Chennai and Coimbatore have the potential to emerge as major centres for Global Capability Centres (GCCs) in the fintech space, said S. Vijayakumar, Additional Chief Secretary, Industries, Investment, Promotion and Commerce Department, Tamil Nadu government. Addressing through…

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Nation

T.N. government looks at developing GCCs in fintech space in Coimbatore, Chennai

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T.N. government looks at developing GCCs in fintech space in Coimbatore, Chennai

The Tamil Nadu government has announced setting up of a fintech hub in Coimbatore at ₹400 crore and Chennai and Coimbatore have the potential to emerge as major centres for Global Capability Centres (GCCs) in the fintech space, said S. Vijayakumar, Additional Chief Secretary, Industries, Investment, Promotion and Commerce Department, Tamil Nadu government. Addressing through…

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Business

BSNL deputy general manager urges engineering students to embrace AI, robotics and quantum technology

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BSNL deputy general manager urges engineering students to embrace AI, robotics and quantum technology

BSNL Deputy General Manager M. Satya Prasad speaking in Freshers Day celebrations held in Avanthis Saint Theressa Engineering College, Garividi of Vizianagaram district on September 19, 2026 | Photo Credit: Special arrangement The Bharat Sanchar Nigam Limited (BSNL) Deputy General Manager M. Satya Prasad on Saturday (September 19, 2026) asked all students to focus on…

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Nation

German, European industries study possibilities of shifting part of production bases to other countries

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German, European industries study possibilities of shifting part of production bases to other countries

Many German engineering companies are considering shifting a part of their production to other bases, including their research and development facilities. Ing.Timo Wurz, Managing Director (Metallurgy and Thermprocessing) of VDMA, told The Hindu recently that not all companies can look at investments in other countries. Thus, while some are able to cope with the current challenges, there…

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Business

Ramkrishna Forgings to invest ₹300 crore in 2026-2027

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Ramkrishna Forgings to invest ₹300 crore in 2026-2027

Kolkata-based Ramkrishna Forgings that supplies forged, machined, and fabricated products, is investing ₹250 crore to ₹300 crore this year in multiple production facilities. Chaitanya Jalan, Joint Managing Director, said the company is investing ₹170 crore to manufacture components for passenger vehicles in Jharkhand. This will be commissioned in March- April next year. It will also…

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Business

Ramakrishna Forgings to invest ₹300 crore in 2026-2027

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Ramakrishna Forgings to invest ₹300 crore in 2026-2027

Kolkata-based Ramakrishna Forgings that supplies forged, machined and fabricated products is investing ₹250 crore to ₹300 crore this year in multiple production facilities. Chaitanya Jalan, Joint Managing Director, said the company is investing ₹170 crore to manufacture components for passenger vehicles in Jharkhand. This will be commissioned in March- April next year. It will also…

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Business