India Economy Thread

“We have plans for two-stroke engines in India,” Gaby Hanna, managing director, senior vice president, head of region – Middle East & Africa , said in an interview.

“We don’t manufacture, in any case, two-stroke engines… it's all with our licensees. We have an initiative now to look for a partner or two in India to be our two stroke engine licensees for large commercial vessels.”

India has sought the help of Switzerland-based WinGD to establish a marine engine
manufacturing hub in the country.

 

Balu Forge Industries acquires major ring rolling production line​

"We are unlocking new frontiers in renewable energy, defence, and heavy industries, proving that world-class, ultra-large-scale manufacturing is thriving right here in India." “This is a landmark moment for the Indian manufacturing sector as a whole.
Bringing one of the largest ring rolling machines in the country empowers us to
forge components of staggering scale and complexity,” noted Trimaan Chandock, executive director, Balu Forge Industries.

A new ring mill at Baramati is expected to start in Q4 while additional forging capacity should support aerospace and high-horsepower engine customers. It is also developing an energetics plant in Andhra Pradesh and a mega aerospace site in Odisha.
 
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HCL-Foxconn JV India Chip targets 40% of India’s display driver chip demand
US-based Cadence sees India chip-design demand rising as Tata Electronics' fab takes shape
 
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India's construction equipment exports to surpass 20,000 units in FY27, driven by global demand
 
L&T’s chip arm unveils 40 products, debuts first silicon carbide chip for EVs and power systems at SEMICON India 2026

Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investment
 

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