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Last updated: 21 May, 2025  
 Machinery


Hero Cycles inaugurates Colombo manufacturing plant
SME Times News Bureau | 05 May, 2016
Bicycle manufacturer Hero Cycles on Wednesday formally inaugurated its newly acquired strategic manufacturing facility in Sri Lanka.
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Titan net up 18 percent in Q3
SME Times News Bureau | 29 Jan, 2016
Leading watch and jewellery maker Titan Ltd on Thursday reported a net profit of Rs.225 crore for third quarter of 2015-16, registering 18 percent growth over Rs.191 crore in the same period last fiscal.
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CCEA approves closure of three HMT companies
SME Times News Bureau | 06 Jan, 2016
Cabinet on Wednesday approved the closure of three Hindustan Machine Tools (HMT) companies -- HMT Watches, HMT Chinar Watches and HMT Bearings.
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Mfg Cos will become digital ones in a decade: Official
SME Times News Bureau | 06 Nov, 2015
Calling for turning India into a hub for design, manufacture and innovation, a top official on Thursday projected that manufacturing companies would become digital ones in ten years time.
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Factory output expands by 6.4 pc in August
SME Times News Bureau | 13 Oct, 2015
The acceleration in manufacturing and mining sectors' output speeded up India's factory expansion growth to 6.4 percent in August, from 4.1 percent in the month before, official data showed on Monday.
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MSME Minister inaugurates India Machine Tools Show
SME Times News Bureau | 06 Jul, 2015
Union Minister Kalraj Mishra has inaugurated a four-day the India Machine Tools Show in New Delhi, which aims at promoting innovation and manufacturing in the sector.
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EEPC pitches for extension of 3 pc interest subvention
SME Times News Bureau | 08 Jul, 2014
Apex exporters body, Engineering Export Promotion Council (EEPC) has said that engineering exports from the country can surpass the USD 70 billion target in 2014-15 if 3 percent interest subvention is extended for the entire financial year, reports media.
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'New engineering export orders in the pipeline'
SME Times News Bureau | 23 Jan, 2014
The rising US dollar has made Indian engineering exports more competitive, with an estimated USD 500 million business (new orders) in the pipeline, a top official said at the India Engineering Sourcing Show (IESS) in Mumbai on Wednesday.
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June Eng exports fall over 9 pc; sector eyes new markets
SME Times News Bureau | 16 Jul, 2013
Concerned over a sharp y-o-y fall of 9.25 percent in engineering exports in June, despite rupee depreciation by about same ratio in the last two months, the EEPC India (Formerly known as Engineering Exports Promotion Council) with support of the Commerce & External Affairs Ministries is seeking new markets in the African continent which holds promise in an otherwise glum global economy.
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Urgent steps imperative to revive engineering exports: EEPC
SME Times News Bureau | 13 Jul, 2013
The urgent steps are imperative in the wake of over 8 percent drop in engineering exports in April, 2013.
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  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
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