MANUFACTURING ELGi Equipments Eyes Top 3 Global Compressor Maker Position By 2035

Air compressor manufacturer ELGi Equipments has set an ambitious target of becoming India’s largest compressor manufacturer and among the top three globally by 2035, as it continues to expand its product portfolio, strengthen customer engagement and invest in capacity expansion. Speaking on the sidelines of INTEC 2026 in Coimbatore, ELGi Equipments Managing Director Dr. Jairam […]

CW Bureau · Jun 5, 2026

INFRASTRUCTURE CG Power Expands EHV Switchgear Capacity With New Nashik Facility

Murugappa Group company CG Power and Industrial Solutions Ltd (CG) has commenced manufacturing operations at its new extra high-voltage (EHV) switchgear facility, S3 Unit-II, in Nashik, significantly enhancing its ability to cater to the growing demand for power transmission equipment in India and overseas markets. The ₹39.49 crore new facility, located alongside the company’s existing […]

CW Bureau · Jun 4, 2026

INFRASTRUCTURE Suzlon Eyes 10 GW Annual Renewable Energy Sales, 70 GW AUM By FY31

Suzlon Energy has unveiled an ambitious five-year growth roadmap under its Suzlon 2.0 strategy, targeting a fourfold increase in annual renewable energy sales to 10 GW, a 15 GW orderbook and a fourfold expansion in assets under management (AUM) to 70 GW by FY31. The renewable energy company said it is entering a transformative phase […]

CW Bureau · Jun 3, 2026

MANUFACTURING India Extends Imposition Of CVD On Import Of Solar Glass From Malaysia

Borosil Renewables Ltd, India’s leading solar glass manufacturer, has welcomed the Centre’s decision to continue the imposition of definitive countervailing duty (CVD) on imports of solar glass (textured tempered glass) from Malaysia for another five years. The recommendation by the Ministry of Finance (Department of Revenue) follows a review that found continued subsidisation of imports […]

CW Bureau · Jun 3, 2026

INFRASTRUCTURE Adani Portfolio Posts ₹1.53-Lakh-Cr Capex, Asset Base Nears ₹8 Lakh Cr

The Adani Portfolio, India’s largest infrastructure and utilities platform, reported a record capital expenditure of ₹1,52,967 crore ($16.1 billion) in FY26, the highest annual capex undertaken by any Indian corporate, as it accelerated investments across energy, utilities, transport and logistics businesses. The group said nearly 80% of the investments were directed towards its core infrastructure […]

CW Bureau · Jun 2, 2026

INFRASTRUCTURE Adani Green Energy Commissions 3.37 GWh Battery Storage Capacity

Adani Green Energy Ltd (AGEL) has commissioned a cumulative 3.37 Gigawatt-hour (GWh) Battery Energy Storage System (BESS) capacity and plans to add over 10 GWh of battery storage in FY27, scaling it up to 50 GWh over the next five years. The company said the deployment, located at Khavda in Gujarat, is among the world’s […]

CW Bureau · May 26, 2026

INFRASTRUCTURE Suzlon Energy Secures 195 MW Repeat Order From Sunsure Energy

Suzlon Energy Ltd, a leading renewable energy solutions provider, has secured a repeat order of 195 MW from Sunsure Energy, taking total sales of its 3 MW platform to nearly 9 GW. The order builds on the ongoing partnership between Suzlon and Sunsure, taking their cumulative partnership to nearly 300 MW across Maharashtra and Karnataka. […]

CW Bureau · May 22, 2026

RETAIL/FMCG Crompton Greaves Targets ₹2,000-Cr Income From Solar Vertical In 4 Years

Crompton Greaves Consumer Electricals Ltd, a leading fast-moving electrical goods and consumer appliances company, is targeting to build its solar pumps and rooftop solar solutions business into a ₹2,000-crore vertical over the next three to four years while accelerating the pan-India expansion of Butterfly kitchen appliances. The company entered the solar rooftop and residential wires […]

CW Bureau · May 20, 2026

GENERAL Sunil Mittal Calls For Bigger India Bets After Receiving CII Lifetime Award

Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, has been conferred with the CII President’s Award for Lifetime Achievement in recognition of his contribution to India’s economic growth, entrepreneurship and nation-building. Accepting the honour, Mittal said the recognition held special significance due to his long association with the Confederation of Indian Industry (CII), where […]

CW Bureau · May 11, 2026

HOSPITALITY Lemon Tree Achieves 100% Green Certification Across Owned Portfolio

Lemon Tree Hotels Ltd (LTHL) has achieved 100% green building certification across its entire portfolio of 41 owned hotels and reached 50% renewable energy usage (exit rate) as of March 2026, marking a significant milestone in its sustainability journey. The certifications have been awarded by the Indian Green Building Council (IGBC), part of the Confederation […]

CW Bureau · May 5, 2026

MANUFACTURING JSW Steel Signs MoU With POSCO; To Set Up 6-MTPA Steel Plant In Odisha

JSW Steel Ltd has entered into a Memorandum of Understanding (MoU) with POSCO Group, outlining a framework for collaboration in the steel, battery materials, and renewable energy sectors in India. The Company has also signed a joint venture agreement to develop an integrated steel plant in Odisha with an initial capacity of 5 million tonnes […]

CW Bureau · Apr 18, 2026

INFRASTRUCTURE Swelect Positions Solar Cooking As Next Big Residential Energy Shift

Swelect Energy Systems Ltd has unveiled its Off-Grid Solar Cooking solution, positioning it as a timely alternative amid rising LPG prices and supply uncertainties. The innovation enables households to shift towards a cleaner, self-sufficient cooking model powered entirely by solar energy, reducing dependence on conventional fuel sources. Solar-powered cooking takes centre stageThe solution uses solar […]

CW Bureau · Apr 16, 2026