Alok Kirloskar, Director at Kirloskar Brothers Limited (KBL) and MD at SPP Pumps Limited, UK

27 Jan 2021 CW Team

Manufacturing has seen a nascent recovery in the past few months. The government could use the positive sentiment to push for bigger reforms in the sector. There is, however, a need to further strengthen India’s manufacturing sector. India should focus on building an ecosystem for manufacturing competitiveness through economies of scale, industrial parks, reducing imports, and focus on increasing exports.

India has an unique opportunity in leveraging its demographic dividend, competitive costing and positioning in the global supply chain reconfiguration race. The upcoming Budget 2021-22 should take all these aspects into account and focus on fast-tracking initiatives, policy changes and incentive packages that will help enhance the share of manufacturing in the economy.

The Centre should also consider schemes like the "patent box" programme promoted by the British government so that in the future, industries will be incentivised to register IPs in India.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..