MANUFACTURING
EID Parry Exits Low-Margin Consumer Categories, Eyes Premium Products
Diversified agri-business major EID Parry (India) Ltd is reshaping its consumer products portfolio by exiting low-margin bulk categories and strengthening its presence in premium food products such as jaggery and brown sugar, while accelerating digital and AI-led transformation to improve productivity and execution. Outlining the company’s strategic priorities in the Annual Report 2026, EID Parry […]
Sajan C Kumar
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Jul 17, 2026
MANUFACTURING
RIL Q1 Profit Falls 22% To ₹20,946 Cr; Revenue Increases To ₹3.11 Lakh Cr
Reliance Industries Ltd (RIL) reported a 22.4% year-on-year decline in consolidated net profit for the first quarter of FY27, with earnings falling to ₹20,946 crore from ₹26,994 crore in the corresponding quarter last year. The decline, however, was primarily on account of the absence of a large one-time gain booked in the year-ago period. The […]
CW Bureau
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Jul 17, 2026
MANUFACTURING
CUMI Optimises Portfolio, Remains Debt-Free Amid Global Uncertainties
Despite operating in a challenging business environment marked by demand volatility, import-led pricing pressures and shifting global trade dynamics, Carborundum Universal Ltd (CUMI) maintained a net debt-free standalone balance sheet and generated healthy free cash flow during FY26, underlining the resilience of its operating model. In his message to shareholders in the company’s Annual Report […]
CW Bureau
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Jul 17, 2026
MANUFACTURING
Grasim Invests ₹74,000 Cr In 5 Years, Bets Big On India’s Long-Term Growth
Grasim Industries has invested nearly ₹74,000 crore in capital expenditure across its businesses over the past five years, underscoring its confidence in India’s long-term economic growth and its strategy of building leadership positions across high-growth sectors. In his message to shareholders in the company’s Annual Report 2026, Grasim Industries Chairman Kumar Mangalam Birla said the […]
CW Bureau
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Jul 17, 2026
MANUFACTURING
Semicon 2.0 Set To Augment India’s Chip-Making Footprint Significantly
The Indian Cabinet has approved Semicon 2.0, a comprehensive semiconductor development programme with a budgetary outlay of ₹1,27,500 crore, aimed at accelerating India’s emergence as a global semiconductor design and manufacturing hub. Building on the momentum created by the India Semiconductor Mission (ISM) under Semicon 1.0, the new programme seeks to create a complete semiconductor […]
CW Bureau
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Jul 15, 2026
MANUFACTURING
Cabinet Approves ₹62,500-Cr 5-Year Mobile Phone Manufacturing Scheme
The Indian Cabinet has approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore, aiming to deepen domestic value addition, strengthen supply chains and position India as a global hub for mobile phone manufacturing and innovation. The five-year scheme, which will run from FY2026-27 to FY2030-31, succeeds the Production Linked Incentive […]
CW Bureau
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Jul 15, 2026
MANUFACTURING
Hosur, Sriperumbudur Emerge As The Engines Of India’s Electronics Boom
At a sprawling electronics manufacturing campus in Hosur, Tamil Nadu, thousands of young women assemble smartphones and electronic components that eventually find their way into markets across the world. Dressed in clean-room uniforms and working on sophisticated production lines, they represent a quiet but significant shift taking place in India’s manufacturing landscape. Few states illustrate […]
CW Bureau
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Jul 15, 2026
MANUFACTURING
Dalmia Bharat Lays Foundation For ₹3,100-Cr Cement Plant In Andhra
Dalmia Bharat Ltd (DBL) has laid the foundation stone for its second cement manufacturing unit in Kadapa, Andhra Pradesh, with an investment of ₹3,100 crore, further strengthening its manufacturing footprint in southern India. The foundation stone was laid in the presence of Nara Lokesh, Andhra Pradesh minister for information technology, electronics & communications, real time […]
CW Bureau
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Jul 15, 2026
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Chemplast Sanmar Bets On Speciality Chemicals For Next Phase Of Growth
Chemplast Sanmar Ltd will sharpen its strategic focus on speciality businesses, including Speciality Paste PVC, Custom Manufactured Chemicals (CMC) and R32 refrigerant gas, as it seeks to build market leadership and drive long-term growth despite a challenging operating environment. In his message to shareholders in the company’s Annual Report 2026, Chairman Vijay Sankar said these […]
CW Bureau
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Jul 14, 2026
MANUFACTURING
Luminous Launches Sachin Tendulkar Campaign For EDGE Portable Power
Luminous Power Technologies has unveiled a new brand campaign featuring cricket legend and long-time brand ambassador Sachin Tendulkar to promote its EDGE Portable Power Series, as the company seeks to strengthen its presence in India’s rapidly expanding portable power solutions market. The campaign highlights the growing demand for portable energy solutions as consumers increasingly embrace […]
CW Bureau
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Jul 14, 2026
MANUFACTURING
Kirloskar Ferrous Targets ₹10,000-Cr Sales With ₹2,500-Cr Expansion Plan
Kirloskar Ferrous Industries Ltd. (KFIL) has outlined an ambitious expansion roadmap involving investments of ₹2,000-2,500 crore over the next three years to transform itself into a diversified value-added steel and engineering products company. The manufacturer of pig iron, castings, seamless tubes and steel products is targeting revenue of well over ₹10,000 crore over the next […]
CW Bureau
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Jul 14, 2026
MANUFACTURING
Blue Star Eyes 15% Room AC Market Share, Bets On Exports & Digital Tech
Blue Star Ltd., a leading air-conditioning and commercial refrigeration company, remains optimistic about its long-term growth despite global uncertainties and rising cost pressures. FY27 is expected to remain challenging due to currency depreciation, geopolitical tensions in West Asia and subdued market sentiment. However, he the company’s strong fundamentals and operational agility will help it navigate […]
CW Bureau
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Jul 14, 2026