Category: Business

  • Global Buyers Verified by the Federation of Indian Export Organisations (FIEO) to Explore Sourcing Plastic Finished Products from India

    Global Buyers Verified by the Federation of Indian Export Organisations (FIEO) to Explore Sourcing Plastic Finished Products from India

    Mumbai (Maharashtra) [India], March 05: India’s plastics manufacturing sector is witnessing a strong export moment.

    Over 200 FIEO-verified international buyers are set to visit India to source plastic finished products, reinforcing the country’s emergence as a serious global sourcing hub.

    This large-scale, exclusive, and curated buyer participation reflects growing global confidence in India’s manufacturing capabilities and export readiness. Organised by the All India Plastics Manufacturers Association (AIPMA) and supported by FIEO (Federation of Indian Export Organizations), the Ministry of Commerce & Industry, and the Department of Chemicals & Petrochemicals, PlastiWorld 2026 is designed as a high-impact, export-driven platform connecting Indian plastic finished goods manufacturers directly with verified overseas buyers. 

    What FIEO-Verified Signifies

    The buyers have been screened and verified by the Federation of Indian Export Organisations (FIEO), India’s apex promotion body. Verification ensures:

    • Authentic business credentials
    • Confirmed sourcing intent
    • Established trade track records
    • Procurement authority

    A structured vetting process such as this ensures that participation is driven by genuine commercial interest, not simply exploratory footfall. The sponsored buyer format further strengthens seriousness and commercial intent, bringing decision-makers with active sourcing mandates directly to Indian manufacturers.

    For export-ready companies, the opportunity to meet 200+ qualified international buyers on a single platform significantly accelerates market access, reduces customer acquisition costs, and increases conversion potential.

    This milestone reflects a broader shift: India is no longer viewed solely as a domestic production centre. With competitive manufacturing, improving compliance standards, and scalable capacity, India is emerging as an export-oriented sourcing destination for plastic finished products.

    As global supply chains diversify, the world is turning to India. And India is ready to lead.

    About PlastiWorld

    PlastiWorld is India’s premier global trade event for plastic finished products, organised by AIPMA.

    It connects verified international buyers with India’s export-ready manufacturers, serving as a strategic platform for sourcing, collaboration, and industry-wide growth.

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  • Innovation Takes Center Stage in Chennai as Automation Expo South 2026 Showcases Automation at Its Finest

    Innovation Takes Center Stage in Chennai as Automation Expo South 2026 Showcases Automation at Its Finest

    Chennai (Tamil Nadu) [India], March 05: As Tamil Nadu accelerates toward its ambition of becoming a $1-trillion economy, IED Communications Ltd. has announced a powerhouse lineup for Automation Expo South 2026. Scheduled for March 12th–14th at the New Exhibition Halls 1 to 4, Chennai Trade Centre, the event is set to be the region’s largest-ever industrial gathering.

    Hon. T.M. Anbarasan, Minister for MSMEs, Government of Tamil Nadu, stated: “I urge industrial professionals across South India to make full use of this exceptional opportunity to expand their global business reach.”

    A Remarkable Journey: The Growth Story: The trajectory of Automation Expo South in Chennai is a story of rapid transformation and industrial scaling:

    • 2023 Launch: The journey began with a successful regional debut, establishing a dedicated platform for the South Indian engineering community.
    • 2025 Momentum: The event evolved into a massive industrial landmark, welcoming participants from over 250 companies and drawing 15,988 unique visitors.
    • 2026 Expansion: Reaching new heights, the 3rd regional edition will host over 300+ leading exhibitors from across the globe and is expected to attract more than 23,000 visitors, occupying the expansive New Exhibition Halls 1 to 4.

    ·This momentum is directly fueled by the industrial powerhouses of the region, including the “Sooper” (Super Auto Forge) and “Singarai” (Singari Advance Technology) ecosystems.

    ·Organiser’s Statement Ms Bridget Joseph, Director, IED Communications Ltd., commented on the expansion:

    “Automation Expo South has grown from a specialized launch into an indispensable pillar of India’s industrial ecosystem. Our 2026 edition reflects the sheer scale of South India’s manufacturing ambition. We are not just hosting an exhibition; we are fueling the automation engine that will drive India toward its $1-trillion digital economy goal.”

    The Automation CEO Roundtable gathers top industry leaders to deliberate on automation investments and India’s roadmap toward a $1-trillion digital economy.

    Innovation Takes Center Stage in Chennai as Automation Expo South 2026 Showcases Automation at Its Finest-PNN

    By interacting directly with industry leaders and solution providers, more than 3000 students and young engineers at the expo gain a first-hand understanding of rapid technological shifts and global standards. The Back to Basics 2.0 Workshop provides essential, hands-on technical training to equip the next generation of engineers with fundamental industrial skills.

    The “Deal Room- Hosted Buyer-Seller Engagement Platform. This curated “Deal Room” is designed to turn conversations into contracts through executive matching and pre-scheduled one-on-one meetings between senior procurement leaders and exhibitors.

    Major Exhibitors & Industry Leaders

    Over 300+ leading companies will be on the floor, showcasing breakthrough technologies. Featured exhibitors include:

    • Advantech, Agility, Alstrut, ATI Motors, Axis Solutions, Deceler, Dynalog, Hexagon, Galexon Robotics, Green Powers, Jumo, L.B.V Automation, L.S. Electric, Lubi Electronics, MEL Systems, Metalfitt, Messung Systems, Ministry of Electronic Development of Ontario (Canada), Mootek Technologies, Nagman Instruments, Nano Technologies, Robonetics, Signal & Sands, Softing Gmbh, Uflow Automation, VEGA India, and Yamaha Motor India.

    Event Snapshot

    • Dates: March 12-14, 2026
    • Venue: New Exhibition Halls 1 to 4, Chennai Trade Centre
    • Inauguration: March 12, 2026, at 9:30 AM by Chief Guest Dr. T. R. B. Rajaa, Hon’ble Minister for Industries, Investment Promotions and Commerce, Government of Tamil Nadu.
    • Registration: Free visitor passes and Hosted Buyer applications are live at https://south.automationindiaexpo.com

    Comments from major users and exhibitors

    • Dr. B. R. Mehta (Reliance Industries Ltd): A unified platform for leaders and users to experience innovations in AI, Robotics, and IIoT; a must-visit for professional growth.
    • Dr. Keyur Vora (Adani): This expo drives the shift toward AI and smart systems, helping organizations become agile and globally competitive.
    • Dr. Thampy Mathew (Agate Advisory): A premier technology feast showcasing the latest evolutions in Process and Factory Automation for all professionals.
    • Dr. V. P. Raman (Karandikar Labs): A dynamic hub where industry leaders and future-ready automation solutions meet to drive industrial excellence.
    • Mr. Anuj Bihani (Alstrut India): The convergence point for leaders to accelerate India’s transition into a smarter manufacturing future.
    • Mr. B. Sudarshan (Petro Zone): Unlock the power of AI and Robotics at a venue where global leaders redefine the automation landscape.
    • Mr. Gajapathy V (Druck – Baker Hughes): An invitation to join experts and innovators as we explore the absolute future of technology.
    • Mr. Jayaharan C J (LTI Mindtree): A powerful platform for OT and IT convergence that helps professionals move beyond traditional mindsets.
    • Mr. Raja K. Mahadevan (McDermott): Where the future works—witness the powering of India’s intelligent industrial revolution.
    • Mr. Sai Ramesh (Technip FMC): Seize the opportunity to interface with leaders in manufacturing, robotics, and machine systems.
    • Mr. Shivkumar Srinivasan (MEL Systems): Experience next-generation technologies that allow manufacturers to jump ahead as global leaders.
    • Mr. Sudarsan Surendran (Schneider Electric): Showcasing the advanced digital manufacturing technologies essential for India’s engineering ecosystem.
    • Mrs. Sumathi Sainathan, HoD Instrumentation (KBR Inc): Innovation in motion- Automation at its Best @ Automation Expo 2026, Chennai.
    • Mr. V B Srikar, Co Chairman (Nagman Instruments & Electronics Pvt. Ltd): Automation Expo South 2026 is– A must-attend opportunity for Plant Heads to optimize operations with Industry 4.0 automation.

    About IED Communications Ltd.

    Under the leadership of Founder Dr. M. Arokiaswamy, IED Communications has spent decades building the definitive platforms that power India’s automation future.

    For more information, please visit – https://south.automationindiaexpo.com

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  • Matchbest Group Launches Xelta Ai, A Generative AI Platform Designed to Transform Creative Intelligence

    Matchbest Group Launches Xelta Ai, A Generative AI Platform Designed to Transform Creative Intelligence

    New Delhi [India], March 05: In a major development in the rapidly evolving world of artificial intelligence, Matchbest Group has launched its new generative AI platform Xelta.ai, introducing a system designed not just to generate content but to orchestrate complete creative ecosystems.

    The platform was officially unveiled this week by Matchbest Group CEO Vishal Arya, who described the initiative as a step toward redefining how ideas are transformed into scalable digital experiences.

    Xelta.ai introduces what the company calls structured creative infrastructure, built around a proprietary AI engine known as Content Flow. The system enables a single idea to evolve into a fully integrated multi-format digital presence, bringing together storytelling, learning, marketing, branding, and distribution within one unified AI Studio.

    Unlike traditional AI generators that operate as isolated tools, Xelta.ai functions as a centralized creative system where users can develop entire content ecosystems from one concept. Through its Content Flow™ architecture, a simple idea can be transformed into microdrama series designed for mobile audiences, AI-generated comics, structured microcourses for learning platforms, promotional campaigns, AI-powered home design visualizations, and performance-driven advertising creatives.

    The platform also includes a Smart Ads Engine for optimized marketing campaigns and LinkedIn AutoPost, which enables automated professional publishing and thought leadership distribution.

    The workflow of the platform follows a structured transformation pipeline — moving from idea to script, script to visual, visual to course, course to promotion, and finally to distribution. This integrated approach allows creators, educators, brands, and entrepreneurs to build complete digital ecosystems without relying on multiple disconnected platforms.

    Speaking about the launch, Matchbest Group CEO Vishal Arya said the platform was developed to empower creators, entrepreneurs, educators, and enterprises to convert ideas into intelligent and scalable experiences. He also expressed gratitude to the company’s partners, development team, and supporters who contributed to turning the vision into reality.

    With Xelta.ai, Matchbest Group positions itself at the intersection of generative AI, creative automation, micro-learning, performance marketing, and digital storytelling infrastructure. The platform aims to address the growing demand for systems that combine speed, creativity, and strategic structure in the digital economy.

    Designed as an all-in-one AI Creative Studio, Xelta.ai integrates tools for text generation, visual creation, video storytelling, course development, campaign design, and professional publishing. Built for creators, marketers, agencies, product teams, and professionals, the platform enables seamless workflows from idea to creation, optimization, and distribution.

    Its AI-powered creative suite allows users to produce cinematic microdramas, comics, interactive courses, promotional media, and AI-generated visuals within a single workspace. Integrated editing tools also support background removal, asset refinement, branded layouts, campaign templates, and production-ready media creation.

    Business-focused features such as the Smart Ads Engine ensure that content not only looks creative but also performs effectively in marketing environments. Meanwhile, professional tools like LinkedIn AutoPost and the Thought Leadership Toolkit help leaders and entrepreneurs maintain a consistent professional presence through automated publishing.

    With the launch of Xelta.ai, Matchbest Group CEO Vishal Arya emphasized that artificial intelligence is moving beyond simple content generation toward the orchestration of structured creative ecosystems. The platform represents a shift in how digital ideas are transformed into scalable media, learning, and marketing assets for the modern digital economy.

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  • Laser Technologies Earns Great Place To Work Certification for 2026

    Laser Technologies Earns Great Place To Work Certification for 2026

    Mumbai (Maharashtra) [India], March 05: Laser Technologies Private Limited, a leader in advanced laser cutting, metal marking and welding, sheet metal forming, and automation solutions for leading enterprises and MSMEs, has been Certified™ by Great Place To Work® for 2026. This prestigious recognition is based entirely on feedback from current employees, who reported high levels of confidence in leadership, pride in their work, and a strong sense of belonging—reinforcing the company’s commitment to building a people-first, high-performance culture. 93% of employees said it’s a great place to work, which is well over the average of Top 100 benchmark companies in India.

    “Being recognized as a Great Place to Work is deeply meaningful because it comes directly from the voices of our employees,” said Dr. Rakesh Agarwal, Managing Director, Laser Technologies Private Limited. “At Laser Technologies, we believe that trust, transparency, and respect are fundamental to sustainable growth. This certification validates our long-term commitment to creating an environment where people feel safe, valued, and inspired to do their best work.”

    Echoing this sentiment, Pankti Agarwal, Executive Director, Laser Technologies Private Limited, added, “Our culture is shaped by listening to our people and acting on their feedback. This recognition reflects the consistency with which our teams experience fairness, collaboration, and purpose across the organization. We see this not as a milestone, but as a responsibility to keep raising the bar for employee experience.”

    “Great Place to Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience,” said Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. She emphasized that the certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. “By successfully earning this recognition, it is evident that Laser Technologies stands out as one of the top companies to work for, providing a great workplace environment for its employees.”

    Great Place To Work® is the global authority on workplace culture, leveraging over three decades of research and data-driven insights to recognize organizations that deliver consistently positive employee experiences. Certification is based solely on what employees report about their workplace, making it one of the most credible and respected employer recognitions worldwide.

    Laser Technologies’ people strategy focuses on fostering trust-driven leadership, meaningful work, innovation opportunities, and a safe, inclusive workplace. Through continuous feedback, leadership development, structured skill enhancement programs, and a strong emphasis on well-being and professional growth, Laser Technologies has built a culture that supports collaboration, agility, and long-term engagement.

    About Laser Technologies Private Limited

    Laser Technologies Private Limited is a leading laser cutting and welding solutions company specializing in advanced laser processing, precision manufacturing, and technology-driven industrial solutions. Customer satisfaction is at the core of everything we do. By combining innovation, precision, and quality, Laser Technologies partners with clients across industries to deliver reliable, high-performance, future-ready solutions that consistently meet and exceed expectations

    To learn more: lasertechnologies.co.in

    About Great Place To Work®

    Great Place To Work® is the global authority on workplace culture. Since 1984, it has helped organizations quantify their culture and produce better business results by creating a high-trust work experience for all employees. Its certification and employer recognition programs are considered the gold standard worldwide.

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  • Steel Exchange India Ltd (SEIL) to Raise INR 350 Cr via Preferential Issue; IMR Group to Invest 300 Cr in the Company

    Steel Exchange India Ltd (SEIL) to Raise INR 350 Cr via Preferential Issue; IMR Group to Invest 300 Cr in the Company

    Mumbai (Maharashtra) [India], March 05: IMR Group (“IMR”), a leading international metals and mining conglomerate, today announced a strategic investment of INR 300 Crores in Steel Exchange India Limited (“SEIL”) through subscription to share warrants. The investment will be made through IMR’s Indian entities — India Coke and Power Private Limited (“ICPPL”) and IMR Steel Private Limited (“ISPL”). This capital infusion will strengthen SEIL’s operations, optimize its debt structure, and position the company for accelerated growth — marking a significant milestone in IMR’s forward integration strategy and its expansion across India’s high-growth steel sector.

    Strategic Impact

    IMR Group, headquartered in Switzerland with operations in over 17 countries, operates a fully integrated metals platform spanning global mineral trading, mining, and downstream steel production. Through this investment, IMR will leverage its global sourcing capabilities for critical raw materials — including metallurgical coke, coking coal, non-coking coal, and ferrous scrap — to enhance SEIL’s operational efficiency, supply chain security, and competitiveness. The partnership positions SEIL to capitalize on India’s rapidly expanding steel demand, while reinforcing IMR’s long-term commitment to the Indian steel ecosystem.

    Mr. Anirudh Misra, Group CEO and Chairman, IMR, said “This strategic investment in SEIL marks a decisive step in IMR’s forward integration journey. India is central to our growth strategy, and we are highly bullish on the long-term prospects of the Indian steel industry. By combining IMR’s global sourcing strength with SEIL’s manufacturing platform, we see a powerful opportunity to accelerate growth, optimize operations, and create substantial value for all stakeholders.

    Mr. Bandi Suresh Kumar, Joint Managing Director, SEIL, said “We are proud and privileged to welcome IMR Group as a strategic Investor. Our long-standing relationship is now strengthened with this investment. As a port-based integrated steel plant, SEIL is strategically positioned to leverage India’s booming steel demand. With IMR’s global scale and expertise, we are confident of driving strong growth and delivering enhanced value to our customers and stakeholders.

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  • Indcap Advisors Becomes A Founding Member of Advisiom Global M and A

    Indcap Advisors Becomes A Founding Member of Advisiom Global M and A

    New Delhi [India], March 05: Indcap Advisors, a leading mid-market investment bank and SEBI-registered Category I Merchant Banker, is proud to announce its induction as the Founding Member for India, exclusively, in the Advisiom Global M&A Alliance — an international network of independent advisory firms focused on cross-border mergers and acquisitions.

    The Advisiom Global M&A Alliance brings together carefully selected advisory firms across key global markets to facilitate seamless cross-border deal execution, local intelligence, and strategic buyer access for mid-market transactions.

    As a Founding Member representing India, Indcap will provide inbound and outbound M&A access for global partners seeking opportunities in one of the world’s fastest-growing economies, while also enabling Indian businesses to expand internationally through structured acquisitions, strategic partnerships, and capital raises.

    Director’s Comment

    “Becoming a Founding Member of the Advisiom Global M&A Alliance marks a strategic milestone for Indcap,” said Samir Agarwal, Director at Indcap Advisors.

    “Mid-market M&A is increasingly global in nature. Indian businesses are actively expanding overseas, and global strategic and financial investors are seeking credible local partners in India. Through Advisiom, we are now positioned to offer our clients direct access to a trusted international network — while maintaining the independence, agility, and execution focus that defines Indcap.”

    He added, “This alliance strengthens our ability to originate proprietary cross-border opportunities, execute complex transactions with local insight across jurisdictions, and create long-term value for our clients.”

    About Indcap Advisors

    Indcap Advisors is a +25-year-old SEBI Registered Category I Merchant Banker and a boutique investment banking firm specializing in IPOs, Debt Syndication, Debt Resolution, M&A, private equity fundraises, strategic acquisitions, and cross-border advisory for mid-market and large cap companies. The firm works closely with promoters, family-owned businesses, investors and growth-stage enterprises across sectors to deliver structured, outcome-driven transactions.

    About Advisiom Global M&A Alliance

    The Advisiom Global M&A Alliance is an international network of independent M&A advisory firms focused on collaboration, cross-border execution, and shared deal origination across key global markets including US, Europe, Africa and Asia.

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  • Patil Automation Subsidiary Secures Rs 12.67 Crore Order for Automatic Robotics Lines

    Patil Automation Subsidiary Secures Rs 12.67 Crore Order for Automatic Robotics Lines

    Pune(Maharashtra) [India], March 05: Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016), a leading provider of turnkey welding, assembly, and robotics-integrated automation systems, announced that its subsidiary, MII Robotics Private Limited, has received multiple purchase orders valued at 12.67 crore (inclusive of all taxes and duties) from domestic Indian companies.

    Order Overview:

    The orders involve the supply of Automatic Robotics Lines, including live feed NUB MIG welding systems and robotic automation solutions. The projects are intended for applications in the defence sector, supporting automated manufacturing processes for defence-related production.

    Execution of the orders is scheduled on or before August 2026

    Strategic Significance:

    This order strengthens Patil Automation Limited’s execution pipeline and reinforces its growing presence in defence-oriented automation solutions through its subsidiary, MII Robotics Private Limited. The development also reflects continued demand from domestic manufacturers for advanced robotic welding and automation systems designed to enhance manufacturing efficiency, precision, and scalability.

    Commenting on the development, Mr. Manoj Patil, Promoter and Managing Director of Patil Automation Limited, said: “We are pleased to secure these orders for Automatic Robotics Lines, including live feed NUB MIG welding systems and robotic automation solutions. The projects reflect growing confidence in our automation capabilities through our subsidiary, MII Robotics Private Limited. This order strengthens our order book and reinforces our focus on delivering high-quality, technology-driven automation solutions with timely execution.”

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