Author: kaushal dighavkar

Construction fintech startup Powerplay has crossed $10 million annualised gross run rate as of March 2026. The growth has been driven by two core pillars, a fast-scaling supply-chain credit business that helps mid-market contractors finance material purchases directly within their procurement workflow, and a domain-trained AI workforce that supports estimation, procurement, project management and finance operations across construction projects. Powerplay primarily works with mid-market and growing construction companies across housing, commercial, energy and data-centre projects – segments that account for nearly 60% of India’s construction activity. The company estimates this market opportunity at nearly $360 billion today, projected to grow…

Highlights JCBL South’s ability to manufacture clean energy infrastructure for global markets at scale JCBL South has manufactured and delivered 1,000 20-foot CSC Certified Containers to US-headquartered energy multinational GE Vernova. Developed entirely for 100% export to the United States, the order marks one of JCBL South’s largest international clean energy infrastructure manufacturing projects to date.JCBL South, a JCBL Group Company based in Oragadam, specialises in heavy fabrication and engineered manufacturing solutions. The company executed the order for GE Vernova’s Grid Solutions business and manufactured the containers to house Flex Inverter systems used in Hybrid Renewable Power Stations. The power…

Smart Production Solutions in Parma returns as a key reference event for industrial automation. In this context, NORD DRIVESYSTEMS will showcase advanced drive technologies designed for increasingly interconnected, flexible, and sustainability-orientated production environments. SPS Italia – Smart Production Solutions in Parma returns as a key reference event for industrial automation. In this context, NORD DRIVESYSTEMS will showcase advanced drive technologies designed for increasingly interconnected, flexible, and sustainability-oriented production environments. Hall 3 – Booth F021. At the core of the portfolio is a comprehensive range of frequency inverters for both centralized and decentralized architectures, including the NORDAC PRO, NORDAC ON, NORDAC…

Cutting Downtime by 30%, Continues to support efficient, reliable, and digitally enabled electrical infrastructure solutions across India Schneider Electric, a global leader in digital transformation of energy management and automation, continues to strengthen its partner ecosystem through its long-standing collaboration with Allied Engineers, a leading manufacturer of Medium Voltage (MV), Low Voltage (LV), and Type-Tested Assembly (TTA) electrical panels. The collaboration continues to focus on supporting the deployment of Schneider Electric’s intelligent and sustainable power distribution technologies across industrial, commercial, and infrastructure projects in India. By combining Schneider Electric’s advanced electrical solutions with Allied Engineers’ engineering and manufacturing capabilities, the…

Byteseal, a cybersecurity technology company founded by Pune-based entrepreneur Nikhilesh Wani, has announced the launch of a biometric password security solution designed to address growing concerns around credential theft, phishing attacks, and AI-driven cyber threats. Established in 2017, Byteseal was founded with the vision of strengthening digital security by moving beyond traditional password-based authentication systems. The company’s latest innovation aims to enhance identity protection by combining biometric verification with hardware-based security, reducing reliance on passwords that are often vulnerable to compromise. According to the company, the solution uses a dedicated portable biometric device that authenticates users through fingerprint verification before…

Rittal, a leading provider of industrial enclosures, power distribution, climate control, and IT infrastructure solutions, announces the appointment of Mr Mathew Jacob as Chief Executive Officer (CEO), effective June 1, 2026. He succeeds Mr Ajay Bhargava, who concludes a distinguished 16-year tenure as Managing Director of Rittal India. A seasoned industry leader with over three decades of experience, Mr Mathew has held senior leadership roles at Standard Batteries, Larsen & Toubro (L&T), and Schneider Electric. He has also been an integral part of Rittal India’s leadership team for the past eight years, most recently serving as Vice President – Sales…

Eastman Impex, one of India’s leading automotive components and manufacturing companies, has announced a strategic growth and expansion plan backed by an investment of approximately ₹40 crore annually over the next three years. The planned investment, amounting to nearly ₹120 crore, will be directed towards expanding the company’s aluminium fabrication and axle assembly manufacturing capabilities, strengthening its position in both domestic and international markets. Currently recording a turnover of ₹700 crore, Eastman Impex is targeting a significant growth milestone of ₹1,200 crore in revenue by 2029. As part of its long-term vision, the company is also laying the groundwork for…

… by Aayaan Bery, Sales and Global Marketing Director at KSP The world does not reorganise itself slowly. Sometimes, all it takes is one disruption, a pandemic, a geopolitical conflict, or a supply chain bottleneck, and long-standing assumptions begin to break down. Over the past few years, global supply chains that were once optimised purely for efficiency have revealed a deeper vulnerability. They were built for cost and convenience, not resilience. China has long been at the centre of global manufacturing. That is not a criticism; it is simply the reality that shaped modern trade. However, rising tariffs, increasing labour…

… by Anurag Mehra, Founder of Expert Panel Indian manufacturers are grappling with a sharp rise in input costs, from commodities and energy to logistics; as global shocks cascade through supply chains. Crude oil and petrochemical derivatives have surged, freight rates are higher, and currency weakness has inflated import bills. In the past 12–24 months, input prices have surged across the board. Geopolitical tensions (e.g. the Middle East war) pushed international oil prices above $100/bbl, increasing fuel and power costs. By March 2026, the wholesale (WPI) inflation was 3.9% YoY, driven largely by crude and fuel (fuel & power index…

ManageEngine Helps CenturyPly Overcome the Industry-Wide Challenge of IT Fragmentation Century Plyboards India (CenturyPly), one of India’s leading manufacturers of plywood and building materials, has successfully unified its IT operations on an integrated platform from ManageEngine, a division of Zoho Corporation and a leading provider of enterprise IT management solutions. Century Ply has reclaimed 30% of their IT workload, eliminating over 50 daily help desk calls and automating the onboarding of 70–100 employees every month. The announcement reflects a challenge common to fast-growing Indian enterprises. India’s workplace transformation market is projected to grow at 18.83% CAGR through 2030, driven by rapid workforce expansion…