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Tamil Nadu OE spinning mills warn of 50% production cut over high cotton waste prices

New Delhi, June 16 -- More than 250 grey yarn manufacturing open-end (OE) spinning mills across Tamil Nadu have warned of a 50 per cent reduction in production from next week if cotton waste prices ar... Read More


US-Iran peace deal likely to bring relief to shipping, trade

New Delhi, June 16 -- The agreement between the US and Iran to end months of conflict in the Gulf region could ease pressure on global supply chains, lower energy prices and provide a boost to India's... Read More


MM Forgings to install new hot forging press; eyes Rs.2,000-crore revenue in FY27

New Delhi, June 15 -- Chennai-based automotive component manufacturer MM Forgings Ltd is investing in capacity addition and is installing a new forging press, targeting revenue of nearly Rs.2,000 cror... Read More


Domestic tractor sales cross one lakh units for third straight month in May; exports top 10,000 units

New Delhi, June 14 -- India's tractor industry continued its strong growth trajectory in 2026, with domestic sales crossing the one-lakh-unit mark for the third consecutive month in May, supported by ... Read More


VOC Port to invest Rs.5,720 crore to deepen harbour, target larger vessels

New Delhi, June 12 -- The VO Chidambaranar Port Authority in Thoothukudi is up a set to take up a Rs.5,720-crore project to deepen its harbour basin and approach channel, a move aimed at enabling the ... Read More


Wheeled construction equipment sales fall 17.5% in May; JCB expands market lead

New Delhi, June 11 -- The Indian wheeled construction equipment (CE) market witnessed a sharp year-on-year decline in May 2026, with total industry sales falling 17.5 per cent to 5,088 units from 6,16... Read More


NDR Group to invest over Rs.2,000 crore in warehousing, industrial parks expansion

New Delhi, June 10 -- The Chennai-based NDR Group is stepping up investments in warehousing and industrial infrastructure, with projects worth over Rs.2,000 crore under development in the next couple ... Read More


Wheels India expands patent portfolio to 125, steps up R&D spend in FY26

New Delhi, June 9 -- Chennai-based Wheels India, part of the TSF Group, strengthened its focus on innovation during FY26 by securing 26 new design patents, taking its total patent portfolio to 125. It... Read More


US tariff shock drags Tiruppur knitwear exports down 5% in FY26

New Delhi, June 8 -- After registering a robust 20 per cent growth in 2024-25, Tiruppur's knitwear export industry witnessed a reversal in 2025-26, with exports declining nearly 5 per cent as uncertai... Read More