Government Plans Incentives For Equipment Manufacturing
Equipment

Government Plans Incentives For Equipment Manufacturing

The government is planning a targeted incentive scheme offering 12–16 per cent support to promote domestic manufacturing of construction equipment such as tunnel boring machines and cranes. The proposed initiative, backed by a ₹2 billion allocation, will apply to companies investing over ₹5 bi...

The government is planning a targeted incentive scheme offering 12–16 per cent support to promote domestic manufacturing of construction equipment such as tunnel boring machines and cranes. The proposed initiative, backed by a ₹2 billion allocation, will apply to companies investing over ₹5 billion in local production. It aims to reduce import dependence, particularly on high-value machinery, while strengthening supply chains. The move aligns with the broader capital goods push, with potential incentive outlays of up to ₹230 billion across sectors.

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Infrastructure Urban

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

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Real Estate

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

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Technology

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..

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