John Cockerill India Limited, the Indian arm of Belgium-based John Cockerill Group, will become the global headquarters for the group’s metals business as part of a major organisational restructuring.
The company’s board approved the acquisition of the entire equity stake in John Cockerill Metals International SA, Belgium, from its parent company, John Cockerill SA. The acquisition, valued at up to EUR 50 million, will consolidate the group’s global metals operations under its Indian subsidiary.
Following the completion of this transaction, John Cockerill Metals International SA will become a wholly owned subsidiary of John Cockerill India. The Belgian entity, incorporated in September 2025, has been designed to hold and manage the group’s worldwide metals business, including subsidiaries in Germany, China, and the United States. The restructuring will position India as the operational and strategic centre for the group’s metals activities globally.
Maharashtra Chief Minister Devendra Fadnavis met senior company officials on 5 November 2025. John Cockerill was represented by François Michel, Global CEO of John Cockerill Group, along with Vivek Bhide, Regional President of John Cockerill for India, and François David Martino, CEO John Cockerill Industry.
“Our discussions focused on bringing cutting-edge steel and defence technologies to Maharashtra, in collaboration with partners like L&T and EPHL, Pune. A key highlight is that John Cockerill will move its Global Headquarters for the Metals business to Mumbai, reaffirming Maharashtra’s rise as a global industrial hub,” said Chief Minister Devendra Fadnavis.
In the quarter ended 30 September 2025, John Cockerill India reported total income of INR 9.94 billion and a net profit of INR 892 million, reflecting a recovery from losses in the same period last year. The company’s board also discussed potential fund-raising mechanisms and approved a postal ballot to seek shareholder approval for higher borrowing and investment limits.
John Cockerill India Limited, headquartered in Navi Mumbai, is engaged in the manufacture of equipment and execution of projects in the metals, energy, and environment sectors. It operates workshops in Taloja and Sudhagadh in Maharashtra and forms part of the 200-year-old John Cockerill Group, which has operations in over 20 countries.
