India’s silk output and employment rise sharply as sericulture expands: Textiles Ministry
Sericulture growth would help boost India’s silk production and employment, as it will help meet the growing demand, according to the Textiles Ministry. Increased employment would ultimately create a positive impact on the textile industry, it adds. India’s position as the second-largest producer of silk in the world is now…
At the 2025 India ITME Technical Awards, the India ITME Society recognises industry excellence.
The India International Textile Machinery Exhibitions Society, popularly known as India ITME Society, completed a milestone for the textile engineering sector in Mumbai amidst a high gathering of industry tycoons with the 3 rd edition of ITME Technical Awards 2025. Led by Mr. Ketan Sanghvi, Chairman & Member of the…
Carmakers recall just 1.19 lakh vehicles in 2025, lowest in eight years
The number of vehicle recalls in India hit a eight-year low in 2025. A total of 119,173 two-wheelers, passenger cars, and sport utility vehicles were recalled in 2025 by automakers, which is the lowest annual tally since 2017. According to industry officials, the dipping numbers are owing to enhanced manufacturing…
Siemens Limited Board approves sale of Low Voltage Motors and Geared Motors business to Innomotics India Private Limited for INR 2,200 crore
Siemens Ltd. today announced that its Board of Directors has approved the sale of its Low Voltage Motors and Geared Motors businesses, along with the related customer service operations, collectively known as the Low Voltage Motors business, as a going concern on a slump sale basis, to Innomotics India Private…
