Indian Metals and Ferro Alloys Limited on 16 March 2026 announced the commencement of operations of two additional furnaces at its ferro chrome plant in Kalinganagar, located in Jajpur district of Odisha. The furnaces form part of the facility acquired from Tata Steel and mark further progress in bringing the plant to full operational status. […]
Samvardhana Motherson International Limited has completed the acquisition of 100 percent share capital of Yutaka Autoparts India Private Limited on 16 March 2026, making it a wholly owned subsidiary. The transaction forms part of a broader acquisition involving stakes in Japan-based Yutaka Giken Co., Ltd. and its subsidiary Shinnichi Kogyo Co., Ltd. The acquisition was […]
Henkel announced the launch of a Customer Application Center in Bengaluru to support India’s expanding electronics manufacturing sector through localised application engineering, testing, and validation capabilities. The facility is intended to enable collaboration between Henkel’s technical teams and customers to co-develop advanced adhesive and thermal management solutions for electronics production. The centre represents a significant […]
OBSC Perfection Limited has acquired land in Sanand, Gujarat to establish a new manufacturing unit dedicated to machining operations. The project follows the receipt of a nomination from an Indian auto components manufacturer requiring the company to set up a facility near the customer’s plant. The expansion follows the receipt of a nomination letter from […]
Titagarh Rail Systems Limited plans to expand its shipbuilding capabilities through an investment of about INR 5.5 billion to establish a new shipbuilding facility in West Bengal. The expansion will be undertaken by its wholly owned subsidiary, Titagarh Naval Systems, and will be supported by a capital subsidy under the government’s Shipbuilding Development Scheme. The […]
Atul Auto Limited has appointed Dr. K. C. Vora as an Independent Director (Additional) with effect from 15 March 2026, following a decision by its Board of Directors at a meeting held on 14 March 2026. The appointment was made based on the recommendation of the company’s Nomination and Remuneration Committee. The company said in […]
izmo Microsystems Private Limited announced on 16 March 2026 that it has signed a memorandum of understanding (MoU) with Switzerland-based CCRAFT SA and Spain-based Alcyon Photonics SL to jointly design, produce, and commercialise photonic integrated circuit (PIC) systems for datacom, telecom, aerospace, and sensor markets. The agreement establishes a framework for collaboration across chip design, […]
Rajdhani Group inaugurated a CNC end fitting manufacturing unit and the Rajdhani Excellence Lab at its facility in Udaipur, Rajasthan. The development expands the company’s capabilities in CNC-manufactured end fittings, hose assembly solutions, and testing and validation for hydraulic components used in mining and infrastructure equipment. The new facility includes an innovation and testing laboratory […]
India’s Shipbuilding Financial Assistance Policy (SBFAP) has provided in-principle approval to 288 shipbuilding contracts covering 456 vessels, with a combined contract value of INR 197.48 billion. The approvals span a range of vessel types and are aimed at supporting domestic shipyard activity. In an official statement, the Ministry of Ports, Shipping and Waterways said the […]
T-Hub has entered into a strategic partnership with the Japan External Trade Organisation (JETRO) to facilitate collaboration between Indian and Japanese startups, corporates, and investors. The engagement aims to support market entry and expansion for Japanese companies in India while enabling Indian startups to pursue structured expansion opportunities in Japan. T-Hub will serve as an […]
