Industry News

Cheaper Imports Force Steel Producers to Cut prices
Major Steel Producers have reduced prices of the finished products by three-four percent for the month for the month of January…

Power sector sees $4 bn consolidation in 4 months
The Indian power sector has seen near $4-billion (Rs 24,000-crore) consolidation in the last four months as assets in the industry move from weaker to stronger hands

Huge potential to grow Indian auto component exports to China
India exports auto components worth around $300 million to China, but the export opportunity for auto components to China is around $20 billion, of which the addressable opportunity is about $7.5 billion.

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News Updates

Indian Indsur Global Ltd to supply $10 million worth of power insulator castings to the Russian GIG
India's leading manufacturer of power insulator castings Indsur Global Ltd will supply $10 million worth of its products to Russia.

Indsur Group Bags Rs 500-Crore Order From Mexican Firm
Steel castings manufacturer Indsur Group has bagged an order worth Rs 500 crore from a Mexican firm to supply around one lakh metric tonne of steel plates.

Indsur Group acquires UK-based thermal engineering firm CDA Contracts
Mumbai-based S M Lodha-led diversified firm Indsur Group has acquired British thermal engineering company CDA Contracts Ltd for an undisclosed amount, making its second acquisition in the European continent.

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