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Indian Insurers Urge Retaining Marine Insurance Pool Despite Ceasefire Middle East Peace Deal: Iran to Resume Oil Exports as Brent Crude Plunges Below $78 India Silver Imports Plunge 82% in May After Duty Hike to 15% Robot Mowers Go Mainstream: Lidar, AI Vision, and GPS Drive Performance Gains Hazmat Drivers Cited for English Proficiency Still Hauling Dangerous Goods, FMCSA Data Shows Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict looms Milma Receives Spice Coast Excellence Award, Reports ₹4,344 Crore Turnover Hunter Group Initiates Arbitration Over $28.2M VLCC Charter Payment Dispute Easterly Exits Debut Tanker Fund with 52% Premium, Shifts Focus to Dry Bulk Carriers Ardmore Shipping Exercises Options for Two More Product Tankers at Wuhu Shipyard Indian Insurers Urge Retaining Marine Insurance Pool Despite Ceasefire Middle East Peace Deal: Iran to Resume Oil Exports as Brent Crude Plunges Below $78 India Silver Imports Plunge 82% in May After Duty Hike to 15% Robot Mowers Go Mainstream: Lidar, AI Vision, and GPS Drive Performance Gains Hazmat Drivers Cited for English Proficiency Still Hauling Dangerous Goods, FMCSA Data Shows Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict looms Milma Receives Spice Coast Excellence Award, Reports ₹4,344 Crore Turnover Hunter Group Initiates Arbitration Over $28.2M VLCC Charter Payment Dispute Easterly Exits Debut Tanker Fund with 52% Premium, Shifts Focus to Dry Bulk Carriers Ardmore Shipping Exercises Options for Two More Product Tankers at Wuhu Shipyard
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Industrial Machinery

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Patel Engineering Joint Venture Secures ₹126 Crore Tasgaon Lift Irrigation Project in Maharashtra Manufacturing
Industrial Machinery #patel engineering#letter of acceptance

Patel Engineering Joint Venture Secures ₹126 Crore Tasgaon Lift Irrigation Project in Maharashtra

Patel Engineering Ltd, via a joint venture, has received a Letter of Award from Maharashtra Krishna Valley Development Corporation for the Tasgaon Lift Irrigation Scheme valued at ₹126.37 crore. PEL's share is 51% (₹64.45 crore). The project will develop irrigation infrastructure covering 2,277 hectares across six villages in Satara district, with completion scheduled in 48 months.

Jun 16, 2026 1 source
Hengli on Track to Deliver 160 Ships in 2028, Becoming One of Shipping's Biggest Builders in Four Years Manufacturing
Industrial Machinery #shipbuilding#hengli

Hengli on Track to Deliver 160 Ships in 2028, Becoming One of Shipping's Biggest Builders in Four Years

Chinese shipbuilder Hengli, which acquired the former STX Dalian yard in 2022, is projected to deliver at least 160 ships in 2028, according to SSY analysis. With a 395-firm order backlog of 12.2m cgt and a $1.9bn expansion, it has become one of the world's largest privately owned shipbuilders. The yard's rapid ascent reflects the scarcity of prompt newbuilding slots and strong local government support.

Jun 15, 2026 1 source
The factory floor ran out of people, and no hiring strategy will fix it Manufacturing
Industrial Machinery #labor shortage#factory

The factory floor ran out of people, and no hiring strategy will fix it

Read the full story for in-depth analysis.

Jun 14, 2026 1 source
Ukraine's Ambitious Drone Production Plans Manufacturing
Industrial Machinery #ukraine#drone production

Ukraine's Ambitious Drone Production Plans

Ukraine plans to produce 20 million military drones annually, potentially surpassing global leaders like China and Russia. This ambitious goal depends on $60 billion in allied support.

Jun 9, 2026 1 source
Electrical Issues Delay Tata Steel's £1.25bn Furnace Project Manufacturing
Industrial Machinery #tata steel#furnace

Electrical Issues Delay Tata Steel's £1.25bn Furnace Project

Tata Steel's £1.25bn electric furnace project in Port Talbot is delayed by up to eight months due to electrical connectivity issues. The company is working with the National Grid to resolve the problem.

Jun 8, 2026 1 source
India's Manufacturing Surge: Atmanirbhar Bharat's Global Impact Manufacturing
Industrial Machinery #india#manufacturing

India's Manufacturing Surge: Atmanirbhar Bharat's Global Impact

India is positioning itself as a global manufacturing leader under the Atmanirbhar Bharat initiative. With a focus on quality and ease of doing business, the country aims to enhance its manufacturing competitiveness.

Jun 6, 2026 1 source
New Indices to Illuminate Informal Manufacturing Sector Manufacturing
Industrial Machinery #government#indices

New Indices to Illuminate Informal Manufacturing Sector

The Indian government is set to introduce new indices to measure production in the informal manufacturing and services sectors. This initiative aims to provide more accurate economic data, reflecting the true state of these sectors post-economic shocks.

Jun 4, 2026 1 source
Tractor Demand Surges with 11.6% Rise in Registrations Manufacturing
Industrial Machinery #tractor#farm

Tractor Demand Surges with 11.6% Rise in Registrations

India's tractor registrations increased by 11.6% in May 2026, reaching 81,776 units. This growth is attributed to strong rural cash flows and replacement demand, with Mahindra & Mahindra, TAFE, and International Tractors leading the market.

Jun 4, 2026 1 source
BHEL wins Rs 2,000 crore order from Nigerian firm Manufacturing
Industrial Machinery #bhel#nigeria

BHEL wins Rs 2,000 crore order from Nigerian firm

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Jun 3, 2026 1 source
Ernakulam KVK Boosts Reed Handicraft with Mechanisation Manufacturing
Industrial Machinery #ernakulam#kvk

Ernakulam KVK Boosts Reed Handicraft with Mechanisation

The Ernakulam Krishi Vigyan Kendra has introduced mechanisation in reed handicraft production, significantly increasing productivity. The new technology allows a single worker to produce in 2.5 hours what previously took four workers a full day.

Jun 3, 2026 1 source
China's Manufacturing PMI Dips: A Cause for Concern? Manufacturing
Industrial Machinery #china#manufacturing

China's Manufacturing PMI Dips: A Cause for Concern?

China's manufacturing PMI fell to 50.0% in May, indicating a potential slowdown in industrial activity. Large enterprises showed resilience with a PMI of 51.1%, while medium and small enterprises faced contraction. Rising raw material costs due to geopolitical tensions are impacting production.

Jun 1, 2026 1 source
Factory Output Surges 4.9% in April, Manufacturing Expands 6.2% Manufacturing
Industrial Machinery #factory output#manufacturing

Factory Output Surges 4.9% in April, Manufacturing Expands 6.2%

India's industrial production rose by 4.9% in April 2026, driven by a 6.2% expansion in manufacturing. The new IIP series with a base year of 2022-23 reflects a more comprehensive industrial activity measure.

Jun 1, 2026 1 source
Manufacturers Boost US Production with $3.6B Investments Manufacturing
Industrial Machinery #us production#manufacturing

Manufacturers Boost US Production with $3.6B Investments

US manufacturers are investing over $3.6 billion in new projects, including Toyota's $2 billion expansion in Texas and Walmart's $350 million milk plant. These investments aim to strengthen supply chains and increase production capacity.

May 30, 2026 1 source