Mahindra & Mahindra Limited has announced the incorporation of Target Hybren Private Limited, a wholly-owned subsidiary of Mahindra Susten Private Limited (MSPL). This new subsidiary was registered on December 6, 2024, in Mumbai, Maharashtra. MSPL is itself a subsidiary of Mahindra Holdings Limited, which is fully owned by Mahindra & Mahindra. The authorized and paid-up […]
Toyoda Gosei Co., Ltd. held a bhoomi-poojan (groundbreaking ceremony) for its new manufacturing facility in Harohalli, Bengaluru South District, Karnataka, on December 5, 2024. This marks a significant milestone in the company’s expansion plans in India, targeting the growing demand for automotive components. The facility, operated by Toyoda Gosei South India Pvt. Ltd., will begin […]
Russian President Vladimir Putin has expressed readiness to establish manufacturing operations in India. The announcement was made during the 15th VTB Russia Calling Investment Forum held on Wednesday. Putin highlighted the profitability of investing in India, citing recent developments in bilateral economic ties. According to a statement from the Indian government, Russian oil producer Rosneft […]
Stephenson Gobin has upgraded its 7,000-square-meter manufacturing facility in Bengaluru, India, by installing four advanced machines to enhance production capacity and efficiency. This investment is aimed at improving machining methods, CNC capabilities, and cutting tool technology. According to an update, the new machinery will align the Bengaluru operations more closely with SG’s facility in the […]
Plasser India Pvt Ltd, a subsidiary of Plasser & Theurer, has opened a new manufacturing facility in Karjan. The site is designed to enhance the company’s machine production capabilities and meet the growing demand for railway maintenance machinery in the region. Thomas Blechinger, President & CEO of Plasser American, visited the facility and described it […]
Olon, a pharmaceutical manufacturing company, has announced the completion of the VI Mod-6 project, which has increased the production capacity of its manufacturing facility in India by approximately 25%. The project included the installation of advanced equipment capable of conducting large-scale cryogenic and nBuLi (n-butyllithium) reactions. These processes are designed to meet stringent safety and […]