Markets

Govt’s $20bn budget for highways drive the growth for rubber crawlers The Indian rubber crawler market is expected to grow at a CAGR of 6.37% to US$142.14 million by 2028 from US$100.51 million in 2022, according to a ResearchAndMarkets report....

Instant coffee suits for busy schedules of growing urbanites The Indian instant coffee market is projected to grow at a compound annual growth rate of 12.86% from 2022 to 2027 to attain a market size of US$905.168 million in five...

India is world’s top five equipment manufacturing destinations, says Singh   The Indian construction equipment is a sunrise sector contributing significantly towards critical time-bound infrastructure development across the country and tap 18% of the US$1.4 trillion worth of projects under...

Mediratta calls for separate Retail Ministry Though India will be hit by global inflationary trends, impact would be less as the country’s internal growth processes continues to remain strong, says Surjit Bhalla, Economist and Former IMF Executive Director for India,...

Performance speaks of steadfast client focus through merger-resilient client-solutions portfolio, says Chatterjee LTIMindtree says it ended 3 quarter as on 31 Dec 2022 with 723 active clients, revenue of US$1,046.7 million (growth of 2.4% q-o-q / 14.0% y-o-y) and net...

Local Wipro-AWS expertise will help customers tap cloud-based solutions Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) has opened its newest Wipro-AWS Launch Pad Center in Toronto to enable customers in Canada to accelerate their move to the cloud and...

Sun Pharma is building a global Dermatology and Ophthalmology franchise, says Gandhi Sun Pharmaceutical Industries Limited (Reuters: SUN.BO) (Bloomberg: SUNP IN) (NSE: SUNPHARMA) (BSE: 524715) has made an offer of US$576 million in equity value to acquire Lexington, Massachusetts-based Concert...

FICV is one of several programs supporting Allison’s international defense business Indianapolis-headquartered Allison Transmission (NYSE: ALSN) says it is to manage engineering design, development, fabrication, testing and demonstration of the 3040 MX for the Indian Army’s Futuristic Infantry Combat Vehicle...

Kothekar to innovate and experiment with new ideas for the society across the world Homegrown Vector Consulting Group from Thane West is expanding footprint in growing markets, including Indonesia, Japan and Thailand, following acquisition of its 20% stake by the...

Demand driven by availability of electricity and easy financing options, says report The agricultural machinery market in India is expected to reach ~Rs.1,538.99 billion by FY 2027, expanding at a CAGR of ~7.63% during the FY 2023 - FY 2027....