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Stove Kraft Limited to Participate in Goldman Sachs India Supply Chain Resilience Corporate Day on 20 May 2026 - scanx.trade
Stove Kraft Limited to Participate in Goldman Sachs India Supply Chain Resilience Corporate Day on 20 May 2026scanx.trade
Skyworth and Jaina Group form JV to make Panasonic TVs in India
In a dynamic development for the Indian electronics sector, Skyworth Group from China has teamed up with Jaina Group to manufacture and promote Panasonic televisions within India. With Jaina Group likely to own the majority share in this venture, the partnership, formalized through a recently signed agreement, is poised to bolster the Panasonic TV brand and enhance local supply chains.
FDH Aero opens Bengaluru office to strengthen India aerospace supply chain play
US-based FDH Aero has opened a new office in Bengaluru, consolidating its hardware and electronics divisions to support India's growing aerospace and defence sector. This full-service hub, backed by local inventory and teams, aims to cater to tier-1 manufacturers and OEMs amidst strong commercial aerospace demand and rising defence investment.
Orient Electric Q4 profit jumps 29% despite supply chain disruptions and softer demand
Consumer electricals maker posts steady growth in Q4FY26 driven by strong performance in lighting, switchgear and wires businesses, while EBITDA margin improves to 8.2%.
Avenue Supermarts shares could rise as much as 44% after Q4 results, analysts project
Morgan Stanley said that DMart's operations remained largely unaffected by supply chain disruptions, although there was a temporary spike in consumer purchases in March due to geopolitical tensions, which normalised towards the end of the month.
PLI 2.0 calls ring louder: India eyes 35% global mobile output; $130 billion production
India's electronics sector is set to significantly boost global mobile phone production. A new production-linked incentive scheme aims to achieve 30-35% of worldwide output by 2031. This ambitious plan targets substantial manufacturing and export growth. The initiative seeks to strengthen India's supply chain and manufacturing ecosystem.
Industry seeks duty relief on key chemicals amid supply disruptions
Indian industry bodies are urging the government to temporarily suspend anti-dumping duties on key chemical feedstocks. This move aims to ease supply chain disruptions caused by the West Asia crisis. The proposals focus on protecting MSMEs and ensuring the availability of essential raw materials for packaging and consumer goods. Reductions in import duties are also sought to manage rising costs.
Renault bets big on new launches to regain lost market share, rolls out Duster at Rs 10.49 lakh
Renault is re-entering the Indian market with a renewed focus, launching the new Duster SUV and planning a lineup of fresh models. The company aims to reclaim lost market share, with a strong hybrid Duster variant slated for a festive season release. Despite global supply chain concerns, Renault's high localization ensures production remains unaffected.
Market volatility is a portfolio reset opportunity: Utpal Sheth
Speaking to CNBC-TV18 on the red carpet of the 21st India Business Leader Awards, Utpal Sheth of Trust Group and Deven Choksey of DRChoksey FinServ said market volatility should be seen as an opportunity rather than a risk. Sheth advised investors to focus less on timing the market and more on identifying strong companies that can emerge as leaders during disruptions, while Choksey said Indian businesses remain resilient despite supply chain shocks and cost pressures, supported by steady consumer demand and continued government spending.
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
Choked shipping routes jolt Indian manufacturers
India's manufacturing sector faces disruption due to the Iran war. Critical shipping routes are threatened, impacting automakers and component makers. Consumer goods and electronics exporters are already halting shipments and production. Industry bodies seek government support for fuel supplies. Companies are assessing supply chain risks, with some setting up crisis teams.
Gujarat Gas cuts 50% gas supply to industrial sector due to US-Iran war; Stock in focus
According to brokerage firm Citi, Qatar halting LNG production raises the near-term risk for India's gas value chain. Gujarat Gas, according to Citi is the most exposed due to its dependance on Qatar and Spot LNG, Citi wrote.