India’s foundry industry has transformed, evolving from a traditional manufacturing base into a globally competitive ecosystem built on scale, technology, and engineering depth. Prasan Firodia, president and trustee of the aluminium casters association of India (ALUCAST) and MD of Jaya Hind Industries, a supplier of precision aluminium die-cast components, operates factories across Maharashtra and Madhya… Continue reading Industry to focus on innovation, quality: ALUCAST
Author: Economic Times of India Online News
Rupee in 2026: After 5% fall in 2025, where is the currency headed? Here’s what SBI says
Looking ahead, the bank expects rupee to decline by around 2% in the next financial year, with the exchange rate hovering near 92 against US dollar. In 2025, rupee fell almost 5% against US dollar, recording its weakest annual performance since 2022. However, 2026 is expected to change that, SBI predicted. Even as dollar weakened… Continue reading Rupee in 2026: After 5% fall in 2025, where is the currency headed? Here’s what SBI says
Vedanta Q3 production: Aluminium, zinc, iron ore up; steel, oil & gas down
The production of saleable iron ore rose 3 per cent to 1.6 million tonnes during the quarter. Mining giant Vedanta Ltd on Saturday said it has reported a rise in production of aluminium, zinc and iron ore during the December quarter. However, production of steel, and oil and gas dropped during the third quarter of… Continue reading Vedanta Q3 production: Aluminium, zinc, iron ore up; steel, oil & gas down
JSW Motors appoints Rakshit Bisaria as Head of Product Planning and Strategy
The appointment comes as Sajjan Jindal-led JSW Motors prepares to enter the passenger vehicle segment. Rakshit Bisaria has been appointed Head of Product Planning and Strategy at JSW Motors Limited. He announced the development in a LinkedIn post on Saturday. Bisaria brings close to two decades of experience across India’s automotive sector. He spent 8… Continue reading JSW Motors appoints Rakshit Bisaria as Head of Product Planning and Strategy
AVG Logistics, Nestlé India and Ashok Leyland launch CNG green corridor
AVG Logistics said the initiative seeks to improve fuel efficiency and reduce dependence on conventional transport while supporting lower-emission logistics operations. AVG Logistics on Saturday said it has partnered with Nestlé India and Ashok Leyland to deploy a dedicated green logistics corridor using 50 compressed natural gas (CNG) trucks, the company said in a regulatory… Continue reading AVG Logistics, Nestlé India and Ashok Leyland launch CNG green corridor
Indian auto sector ends 2025 on strong note with decisive YoY growth: Report
According to a repor, the industry benefited from significant tailwinds including GST rate rationalization, lower interest rates for financing, and better affordability that sustained demand even after the conclusion of the festive season. The Indian automotive sector concluded the final month of 2025 with robust performance across major segments, driven by improved macroeconomic conditions and… Continue reading Indian auto sector ends 2025 on strong note with decisive YoY growth: Report
E-rickshaw ban fails to ease Walled City congestion
Local traders and pedestrians say unless the entry of autos and four-wheelers is controlled, traffic in the walled city will continue to spiral out of control, putting both daily life and the area’s heritage at risk. The ban on e-rickshaws in the Walled City from Dec 20 to Jan 10, imposed to manage the surge… Continue reading E-rickshaw ban fails to ease Walled City congestion
GST cuts, tax relief to fuel India auto demand in 2026: Axis Securities
Overall, the report indicates that policy support, rural recovery and improving affordability are likely to keep the automobile sector on a steady growth path through 2026. India’s automobile industry is expected to witness sustained momentum in 2026, with Axis Securities maintaining an optimistic outlook across two-wheelers (2W), three-wheelers (3W), passenger vehicles (PV), commercial vehicles (CV),… Continue reading GST cuts, tax relief to fuel India auto demand in 2026: Axis Securities
Supply constraints support copper, aluminium; Iron ore prices likely to ease: Report
Metals are expected to outperform in 2026, driven by tight supply and strong demand, according to ING’s Commodities Outlook 2026. The report adds that copper is expected to be in deficit due to high demand and disruptions at Grasberg (Indonesia), flooding at the Kamoa-Kakula mine (DRC), and an accident at the El Teniente mine (Chile),… Continue reading Supply constraints support copper, aluminium; Iron ore prices likely to ease: Report
Kazam posts ₹40 crore revenue in FY25 on EV charging expansion
Kazam, an electric vehicle (EV) charging and energy management platform, reported a 3.5 times year-on-year jump in revenue to ₹40 crore in FY25, driven by rapid expansion of its charging network and higher platform usage. The company said in an official statement that it was on track to reach a ₹100 crore annual revenue run-rate… Continue reading Kazam posts ₹40 crore revenue in FY25 on EV charging expansion