New Delhi, February 12, 2026: The Competition Commission of India (CCI) has approved the proposed acquisition of Siemens Limited’s low voltage motor business by Innomotics India Private Limited, marking a significant development in India’s industrial manufacturing sector. The regulatory clearance enables the transfer of Siemens’ low voltage motor operations to…
Tag: #IndustryNews
News
Steel Prices Rise Again After Import Curbs Boost Demand
Mumbai: Indian steel prices have increased for the second time in January as domestic producers capitalised on import restrictions, reviving construction demand and tight market inventories. Domestic steelmakers have raised prices twice within a span of two weeks in January, following the Centre’s decision to impose a safeguard duty on…
News
India’s Industrial Output Rises 6.7% in November 2025: IIP Data
India’s industrial activity gathered strong momentum in November 2025, with the Index of Industrial Production (IIP) registering a year-on-year growth of 6.7 percent, according to official data released by the Ministry of Statistics and Programme Implementation (MoSPI). The growth marks a sharp acceleration from the marginal 0.4 percent expansion recorded…