December 27, 2024
Haier Appliances India has announced plans to establish its third manufacturing facility in southern India, aiming to expand its production capabilities, according to a report by PTI. The company is currently finalizing the location for the plant, which is expected to become operational between 2026 and 2027. The proposed facility will primarily serve the domestic […]
December 27, 2024
Hycom Engineering, a precision engineering manufacturer, is planning to establish a third production facility in Bidadi, Karnataka, with a proposed investment of ₹100 crore, according to a report by The Hindu Business Line. The new plant is expected to double the company’s annual production capacity from 40,000 units to 80,000 units by FY29 and generate […]
December 27, 2024
Munters, a Swedish company that offers climate control solutions, has inaugurated a new manufacturing facility in Malur, Karnataka, on December 4, 2024. The facility, known as Malur Unit II, is designed to expand the company’s production capacity for dehumidification and air handling unit solutions to meet regional demand. The event featured a tour of the […]
December 26, 2024
Whirlpool of India Limited and PG Electroplast Limited have signed an agreement for the contract manufacturing of specific semi-automatic washing machine models under the Whirlpool brand. The production will take place at PG Electroplast’s facility in Roorkee. This collaboration builds on an existing partnership between the two companies, with PG Electroplast already supplying Whirlpool-branded air […]
December 26, 2024
Next Bharat Ventures, a Suzuki Motor Corporation subsidiary, hosted the “Next Billion Forum” in Gujarat’s GIFT City, emphasizing strategies to bolster India’s manufacturing sector and integrate rural and informal economies into national growth objectives. The event also marked the launch of applications for the second cohort of the Next Bharat Residency Program, aimed at nurturing […]
December 26, 2024
Imperial Auto, a manufacturer of fluid transmission products for automotive and industrial sectors, has announced the appointment of Vikram Wagh as its new Chief Executive Officer, effective December 20, 2024. Wagh has over 20 years of experience in the automotive industry, including leadership roles at Mahindra and JCB. At Mahindra, he led the Farm Division, […]
December 26, 2024
Advance Auto Parts India, a leading automotive aftermarket parts provider, has launched a new Innovation Hub at its India Innovation Center in Hyderabad. The facility, part of the company’s global capability center (GCC), aims to enhance operations supporting its North American business. The Innovation Hub is designed to provide a collaborative environment focused on developing […]
December 24, 2024
The Uttar Pradesh government has signed a memorandum of understanding (MoU) with Japan’s Yamanashi Prefecture to collaborate in vocational education and industrial cooperation. The agreement was formalized during a meeting held in Lucknow on Monday. The MoUs were exchanged between Uttar Pradesh’s Chief Secretary, Manoj Kumar Singh, and Junichi Ishidera, the Director General of the […]
December 23, 2024
Daimler India Commercial Vehicles (DICV), a subsidiary of Daimler Truck AG, has received the Indian Green Building Council (IGBC) Platinum certification for its Oragadam manufacturing plant near Chennai. The certification, awarded under the IGBC Green Factory Building Version 2 standards, recognizes the facility’s adherence to advanced sustainability practices. This makes the Oragadam plant the first […]
December 23, 2024
Hafele, a German interior solutions company, plans to increase its sourcing from India to 50% in the medium term, up from the current level of under 10%. This shift is part of a broader strategy to expand local operations, including the establishment of a manufacturing unit and a supplier park, according to Frank Schloeder, Managing […]