AUTO Wheels India Q1 Net Profit Rises 42% To ₹37 Cr, Revenue Hits ₹1,386 Cr

Auto components manufacturer Wheels India Ltd reported a strong performance for the first quarter of FY2026-27, with net profit rising 42% year-on-year on the back of healthy growth in domestic demand and exports, despite facing inflationary pressures on raw material costs. The Chennai-based company posted a net profit of ₹37 crore for the quarter ended […]

CW Bureau · Jul 28, 2026

ECONOMY India Seeks Tariff Relief As Gem & Jewellery Exports Face Pressure

The Gem & Jewellery Export Promotion Council (GJEPC) has urged the US to provide tariff relief for natural diamonds and coloured gemstones under the new tariff regime. The new tariff came into effect on July 24. The duty remains unchanged at 10% for Indian gem and jewellery exports. Calls for bilateral trade pact India’s placement […]

CW Bureau · Jul 28, 2026

ECONOMY One District One Product Expands To 1,244 Products Across 773 Districts

The Indian government’s  flagship One District One Product (ODOP) initiative has expanded to cover 1,244 unique products across 773 districts, as the government intensifies efforts to promote local manufacturing, strengthen market access and boost exports through a range of policy interventions. The Department for Promotion of Industry and Internal Trade (DPIIT), which anchors the initiative, […]

CW Bureau · Jul 25, 2026

B Bikaji Eyes Global Growth, Expands Capacity And Frozen Foods Portfolio

Bikaji Foods International Ltd is strengthening its manufacturing network, expanding into new product categories and enhancing its global presence to support the next phase of growth, under the new leadership. In a letter to shareholders, Chairman & Managing Director Deepak Agarwal said the company is investing in digital capabilities and integrated operations to improve efficiency […]

CW Bureau · Jul 23, 2026

MANUFACTURING Sanathan Textiles ₹595-Cr Technical Textiles Expansion Ready To Hum

The doubling of textiles yarn production capacity of Sanathan Textiles Ltd has entered the final phase at its Silvassa facility. As per the plan, the manufacturing capacity will double to 18,000 tonnes per annum (TPA) from 9,000 MTPA at an investment of ₹595-crore. Expansion nearing completion Civil works have been completed and the required plant […]

CW Bureau · Jul 23, 2026

RETAIL/FMCG Premiumisation, Quick Commerce Lead Nestle India’s Q1 Sales Growth

Nestle India is stepping up its focus on premium products, quick commerce, rural expansion and exports as it looks to sustain its growth momentum in an increasingly competitive packaged foods market. The FMCG major’s first-quarter performance indicates that growth is no longer being driven by urban consumption alone. Instead, the company is broadening its playbook […]

CW Bureau · Jul 23, 2026

STARTUP/TECHNOLOGY HFCL Expands Optical Connectivity Capacity, Okays ₹215-Cr Data Centre

HFCL, a technology enterprise engaged in optical fibre, optical fibre cables and digital connectivity solutions, is strengthening its position in the fast-growing optical connectivity market, supported by rising investments in AI-driven data centres, cloud infrastructure, next-generation telecom networks and digital infrastructure worldwide. The company is also scaling its defence and aerospace business through indigenous technology […]

CW Bureau · Jul 22, 2026

AUTO TVS Motor Q1 PAT Up 51% To ₹1,174 Cr; Revenue Hits Record ₹13,896 Cr

TVS Motor Company Ltd reported a 51% year-on-year rise in profit after tax (PAT) to ₹1,174 crore for the first quarter of FY27, driven by record vehicle sales, robust international demand and strong growth in its electric vehicle (EV) business. The company had posted a PAT of ₹776 crore in the corresponding quarter of the […]

CW Bureau · Jul 21, 2026

AUTO Bajaj Auto PAT Jumps 42% To ₹2,983 Cr In Q1; Revenue Rises To ₹17,244 Cr

Bajaj Auto Ltd reported a 42% year-on-year increase in consolidated profit after tax (PAT) to ₹2,983 crore for the first quarter of FY27, driven by record sales volumes, strong export performance and sustained growth across both internal combustion engine (ICE) and electric vehicle (EV) businesses. The company had posted a PAT of ₹2,096 crore in […]

CW Bureau · Jul 21, 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 · Jul 17, 2026

ECONOMY Mumbai Flags Off First Jewellery Consignment To UK Under CETA

Mumbai, India’s premier hub for gem and jewellery exports, flagged off the first jewellery export consignment to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA). The Mumbai flag-off was part of a nationwide initiative held across Delhi, Surat, Jaipur, Chennai and Kolkata to mark India’s first jewellery exports to the UK […]

CW Bureau · Jul 16, 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 · Jul 15, 2026