Gujarat MSMEs Seek Rs 3.36 Bn Relief After Heavy Rain Losses

04 Dec 2024 CW Team

In Gujarat, approximately 950 micro, small, and medium enterprises (MSMEs) have reported losses due to heavy rainfall in recent months. The Gujarat government has requested a relief package of Rs 3.68 billion from the Union government to support these businesses.

This information was shared by Union Minister of State for MSMEs, Shobha Karandlaje, in a written reply to a question in the Rajya Sabha on November 25. According to the response, the Gujarat government reported that 958 industrial units in the state were affected by heavy rains this monsoon.

The request for compensation, amounting to Rs 36.81 crore, is for production losses caused by the heavy rains and floods that particularly impacted MSMEs in Vadodara district. In September, the Gujarat government had already announced a relief package for MSMEs in the region.

The widespread rainfall in Gujarat had significant effects on the state’s industrial estates, with businesses requesting support for the damage caused by flooding. The government’s appeal for relief aims to mitigate the losses and help MSMEs recover from the natural disaster.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..