Expansion

Akasa Air eyes cost leadership in India, plans to grow fleet by 30 percent every year till 2032

Akasa CFO Ankur Goel said along with being cost-effective, the airline aims to be the safest in the world and has adopted international best practices.

Hindustan Copper places high bets on exploration, increasing reserves amid copper demand boom

With the current expansion activities across all its three mines, the miniratna company looks to raise existing overall capacity from 3.75 MTPA to 12.2 MTPA by FY30.

Indian D2C brands hit Rs 150-crore revenue wall without offline push

India’s D2C space is home to more than 11,000 companies, of which only 233, or 2.1 percent, have crossed the Rs 150 crore revenue mark, data from Tracxn showed.

Indian airlines may get 20 more Boeing planes after China orders suspension of deliveries

Amid worsening trade war with the US, China has asked its airlines not to take deliveries of Boeing planes. Boeing was to deliver 28 Max jets and one 787 to Chinese airlines this year

Adani integrates healthcare foray with airport expansion strategy

In February, Adani announced a Rs 6,000-crore investment to develop two integrated health campuses in Mumbai and Ahmedabad in collaboration with Mayo Clinic

Noise expands globally amid India slowdown; not in a IPO rush, says CEO Gaurav Khatri

Khatri expects international markets to be a big growth driver this year along with deepening penetration in India’s tier 2 and beyond markets

UltraTech’s wires and cables foray: A high-voltage hazard for incumbents?

The W&C industry size is estimated at Rs 80,000 crore, having delivered a CAGR of 12-13% between FY19 and FY24 The shift from the unorganised to the organised market provides an attractive opportunity for a new player

Newer segments driving growth at MakeMyTrip, foray into activities and experiences soon, says Rajesh Magow

The contribution of corporate segment (myBiz and Quest2Travel) has risen to high single-digit to the company's revenue of $267.4 million for Q3FY25, signaling a momentum of a strong growth trajectory. Alternate accommodations segment contribute 10 percent to the total accommodation volume on our platform.

Pearl Global Industries Q3 FY25: Strong demand keeps growth on track

Comprehensive business model offering multi-country, multi-product solutions to global retailers

MC Interview | Akasa Air to address pilots' flying-hour concerns by year-end: CEO Vinay Dube

Akasa Air is not looking at leasing planes now, says Dube. They come with a higher cost structure, and do not come with sale and lease-back gains, he explains. At this time, we are not pursuing the introduction of Wi-Fi, or a dual class configuration, he says.

Indian carriers may fly into delivery shortfall in 2025 as Boeing battles production issues

Aircraft supplies are likely to taper off by 15-25 percent in 2025 as Boeing may deliver 20-30 fewer planes to Indian airlines next year

Akasa Air in no mood to take aircraft on lease despite delays in deliveries by Boeing: Sources

The airline is not looking at the secondary market for leasing planes and, instead, stepping up its focus on operational performance, network consolidation, and market share

Suzlon plans to add 1.5 GW turbine-manufacturing capacity by end of FY25: CFO Mody

Suzlon, which has managed to shake off its heavy debt burden, is looking at meeting the nation's growing demand for wind energy, one of the major sources of clean energy. The firm is not only providing its wind turbines, but also offering a range of operational and maintenance (O&M) services.

Hindustan Zinc outlines $2.5 bn expansion plan to double output, work to begin in FY26

The company's expansion plans will include brownfield projects at existing mines and the construction of a greenfield smelter with up to 600,000 tonnes of capacity, CEO Arun Misra said.

NMDC set to double iron ore production to 100 MnT by 2030-31

NMDC aims to increase production from 45 million tonne (MnT) in FY24 to 50 MnT in FY25, with the ultimate goal of reaching production capacity of 100 MnT by 2030-31, thereby raising its domestic iron ore market share annually 20% to 25%.

Aluminium makers go big on expansion plans to lower costs, boost margins

Lowering the cost of production is crucial for aluminium companies to remain competitive, profitable and resilient in a volatile global market.

JSW Cement aims to double cement grinding capacity to nearly 41 MTPA

The board-approved expansions include six greenfield units in Rajasthan, Punjab, Madhya Pradesh, Uttar Pradesh, Odisha, as well as another greenfield unit in Dolvi, Maharashtra, and a brownfield expansion in Vijayanagar, Karnataka.

UltraTech lines up further capacity expansion of 7.5 MTPA in FY25

UltraTech commissioned 8.7 MTPA cement capacity in Apr-Jun. The company's capacity at the end of Apr-Jun stood at nearly 150 MTPA.

Despite incidents of safety and discomfort, Indian travellers will not be deterred: MakeMyTrip Co-Founder & Group CEO Rajesh Magow

Magow, in an interview with Moneycontrol, said that he expects four new regional airlines to start operations in India soon, and that the likes of IndiGo and Air India are likely to launch more flights to Europe.

We aim to continue outpacing industry growth in FY25: MakeMyTrip's Rajesh Magow