MANUFACTURING
Shilchar Eyes ₹800 Cr FY27 Revenue Betting On Debt-Free Balance Sheet
Shilchar Technologies Ltd is aiming for revenue visibility of over ₹800 crore in FY27, backed by strong domestic and export demand, while continuing to maintain a debt-free balance sheet and pushing ahead with a major capacity expansion project that is expected to drive the company’s next phase of growth. The transformer manufacturer ended FY26 with […]
CW Bureau
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May 11, 2026
MANUFACTURING
Premium Products, Cost Discipline To Drive Ambuja Cements FY27 Strategy
Ambuja Cements has outlined a sharper profitability-focused roadmap for the Adani Group cement major, signalling a strategic shift from aggressive expansion towards operational optimisation, premiumisation and disciplined capital allocation amid rising industry cost pressures. Speaking during the company’s earnings call, Ambuja Cements CEO Vinod Bahety, said FY27 will be centred on streamlining operations, expanding margins […]
CW Bureau
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May 10, 2026
MANUFACTURING
LTTS Bets On AI-First, Platform-Led Model To Drive Next Phase Of Growth
Engineering services firm targets double-digit growth through mobility, sustainability and technology businesses L&T Technology Services Ltd (LTTS), a leading global engineering and technology services company, is rearchitecting its business around AI-first and platform-led delivery models under its ‘Lakshya 31’ strategy to drive long-term growth, deepen client relationships and enhance operational performance. In the company’s annual […]
CW Bureau
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May 10, 2026
MANUFACTURING
Jindal Steel Turns Focus On Returns Following Major Capacity Expansion
Jindal Steel is entering a new operational phase after completing one of its largest expansion programmes, with the company now shifting focus towards sweating assets and improving returns from newly commissioned capacities. Jindal Steel CEO Gautam Malhotra told analysts that the company plans to allocate between ₹7,500 crore and₹10,000 crore towards capital expansion (sustenance capex) […]
CW Bureau
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May 9, 2026
MANUFACTURING
Carrier Breaks Ground On ₹1,000-Cr Facility At Sri City In Andhra Pradesh
Carrier Air Conditioning & Refrigeration Ltd, the Indian arm of Carrier Global Corporation, has commenced construction of a ₹1,000 crore manufacturing facility at Sri City, Andhra Pradesh. This marks the company’s first manufacturing unit in Southern India and signals a significant step in expanding its domestic footprint. High-profile ceremony underlines strategic importanceThe groundbreaking ceremony was […]
CW Bureau
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May 6, 2026
MANUFACTURING
Rane (Madras) Q4 Profit Rises Nearly 6x; Revenue Up 16% At ₹1,052 Cr
Rane (Madras) Ltd’s (RML) consolidated net profit for the March quarter rose nearly six-fold to ₹37 crore compared to the corresponding period last year. Revenue growth across segments Revenue rose 16% to ₹1,052 crore. Sales to domestic OE customers grew by 11%, mainly due to higher offtake across vehicle segments. Sales to international customers increased […]
CW Bureau
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May 6, 2026
MANUFACTURING
CG Power Profit Jumps 32% To ₹362 Cr, Sales Up 25%; Order Book Surges
Murugappa Group company CG Power and Industrial Solutions Ltd reported a strong performance for the March quarter, with consolidated net profit rising 32% year-on-year to ₹362 crore. Aggregate sales for the quarter grew 25% to ₹3,442 crore, driven by robust execution and momentum across key business segments. Segment performance drives growth The Industrial Systems segment […]
CW Bureau
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May 6, 2026
MANUFACTURING
India Steel Output, Consumption Stay Firm In April; Prices Extend Recovery
India’s steel sector continued its steady growth trajectory in April 2026, with year-on-year gains across key production and consumption indicators. The month reflected resilient domestic demand, supported by ongoing momentum in infrastructure and manufacturing activity. Production and demand trends Crude steel production stood at 14.09 million tonnes in April 2026, up 5.8% year-on-year from 13.31 […]
CW Bureau
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May 6, 2026
MANUFACTURING
India’s ₹3,936-Cr Chip Bet: Two New Semiconductor Projects Get Approval
The Union Cabinet has approved two new semiconductor projects under the India Semiconductor Mission (ISM), reinforcing India’s push to build a self-reliant and globally competitive chip ecosystem. The approvals include the country’s first commercial Mini/Micro-LED display facility based on Gallium Nitride (GaN) technology, alongside a semiconductor packaging unit. Investment, jobs and strategic locationBoth projects will […]
CW Bureau
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May 5, 2026
MANUFACTURING
Ambuja Cements Q4 Profit Jumps 37%; Normalised Profit Declines
Ambuja Cements Ltd, the world’s ninth largest building materials solutions company, reported a 37% increase in consolidated net profit at ₹1,857 crore for the March quarter compared with the year-ago period. However, normalised net profit declined 34% to ₹569 crore, impacted by one-time reversals of income tax provisions (₹761 crore) and deferred tax liabilities (₹604 […]
CW Bureau
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May 4, 2026
