Stainless steel in infra will sustain demand: Khulbe, Jindal Stainless
Steel

Stainless steel in infra will sustain demand: Khulbe, Jindal Stainless

Globally, demand for stainless steel has grown more than demand for all of its peers, the major metals, ferrous and non-ferrous. Stainless steel recorded a CAGR of 5.33% between 1980 and 2019, thus outpacing carbon steel (CAGR 2.49%) by far, according to the International Stainless Steel Forum. Indi...

Globally, demand for stainless steel has grown more than demand for all of its peers, the major metals, ferrous and non-ferrous. Stainless steel recorded a CAGR of 5.33% between 1980 and 2019, thus outpacing carbon steel (CAGR 2.49%) by far, according to the International Stainless Steel Forum. India’s overall stainless steel demand in 2019 was ~3.9 mt. Demand for stainless steel in India is growing at a CAGR of 8-9%, according to the Indian Stainless Steel Development Association. India’s lower per-capita consumption of stainless steel, ~2.5 kg against the world average of ~6 kg, highlights an immense untapped potential for stainless steel usage in India. India became the second largest producer of steel in the world in 2018. Is the growth of stainless steel likely to outpace traditional steel? In what is the growth anticipated, and why? Tier 2 and Tier 3 cities are enhancing their consumption of stainless steel much faster. Click here to read our exclusive Q&A with Tarun Kumar Khulbe, Whole-Time Director, Jindal Stainless.

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Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

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Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

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Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

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