JK Tyre & Industries Ltd has completed the merger of its subsidiary Cavendish Industries Ltd into the parent entity, consolidating manufacturing operations and capacity under a single corporate structure. The merger was completed on 23 December 2025 and is expected to strengthen operational integration across the company’s tyre manufacturing footprint. The merger brings Cavendish’s truck, […]
CoreEL Technologies Private Limited, an aerospace and defence electronics company, has raised USD 30 million, equivalent to INR 2.5 billion, in a Series B funding round to support its next phase of growth. The funding is aimed at expanding manufacturing capacity, strengthening research and development, advancing product engineering, and supporting large and complex defence programmes. […]
Smith Structures (India) Pvt. Ltd. has signed a memorandum of understanding (MoU) with the Government of Tamil Nadu to set up a steel fabrication manufacturing facility in Tiruvallur district, involving an investment of INR 2 billion. The project is planned over the next five years and is expected to generate employment for more than 1,000 […]
ArcelorMittal announced three new renewable energy projects in India with a combined nominal capacity of 1 GW, which will raise the company’s total renewable energy capacity in the country to 2 GW and increase its global renewable portfolio to 3.3 GW. The projects are scheduled for completion between 2027 and 2028 and will supply clean […]
Lloyds Engineering Works Limited has approved an amendment to its share purchase agreement to acquire the remaining 12 percent equity stake in Techno Industries Private Limited, resulting in full ownership of the subsidiary. The decision was approved by the company’s board at a meeting held on 26 December 2025, completing the transition of Techno Industries […]
INOX Air Products Private Limited has deployed India’s first liquefied natural gas (LNG)-fuelled cryogenic tanker approved by the Petroleum and Explosives Safety Organization (PESO), marking a manufacturing and regulatory milestone for industrial gas logistics in the country. The manufacturing of this tanker has been enabled by a June 2025 amendment to the Static and Mobile […]
Kilburn Engineering Limited has entered into a binding term sheet to form a joint venture company with East End Technologies Pvt. Ltd. to strengthen its mechanical site execution capabilities, with an initial focus on eastern India. The proposed joint venture will be incorporated in Kolkata and will jointly bid for site-intensive mechanical projects across the […]
Larsen & Toubro Limited has secured an engineering, procurement, construction and commissioning contract from Bharat Petroleum Corporation Limited (BPCL) for a polyethylene project at Bina in Madhya Pradesh. The order has been awarded to the company’s Hydrocarbon Onshore business and will be executed on a lump sum turnkey basis. The scope of work includes engineering, […]
JHS Svendgaard Laboratories Ltd. will invest INR 250 million to construct a new manufacturing unit at its existing site in Kala Amb, Himachal Pradesh. The project involves building a 100,000-square-foot facility on the company’s current five-acre land parcel and is intended to expand production capacity for specialised oral care products. The expansion is planned as […]
Nine Rivers Capital has invested in Seinumero Nirman Private Limited through its Aurum Rising India Fund, marking the third investment by the fund and reinforcing its focus on India’s precision manufacturing sector. The transaction involves a minority stake, with the capital intended to support the company’s next phase of growth and institutional development. The investment […]
