HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd., has announced an investment of INR 3.45 billion (USD 42 million) to expand its automotive electronics manufacturing facility in Chakan, Pune. The new investment will increase production capacity by over 50 percent and create 300 additional jobs by 2027. According to a press release issued […]
Unimech Aerospace and Manufacturing Limited, an aerospace engineering and precision manufacturing company, has received an order worth INR 350 million from an overseas customer for the manufacture and supply of ground support equipment. The company disclosed the development in a filing with the BSE and the National Stock Exchange on 27 October 2025. According to […]
A-1 Limited, a chemical trading and logistics company based in Ahmedabad, has increased its partnership interest in A-1 Sureja Industries from 45 percent to 51 percent, signalling a strategic move into electric vehicle (EV) manufacturing. The company announced the change of stake on 27 October 2025 and said the transaction is subject to completion of […]
JK Maini Precision Technology Limited has announced a collaboration with CTC to develop aerospace machining solutions under JK Maini Global Aerospace Ltd. The partnership focuses on improving machining productivity and reducing cost per component through the integration of CTC’s solid carbide cutting tool technology with JK Maini’s manufacturing operations. The collaboration aims to enhance machining […]
Swan Defence and Heavy Industries Limited (SDHI) has signed a Memorandum of Understanding (MoU) with Samsung Heavy Industries to collaborate on commercial shipbuilding and heavy engineering projects in domestic and international markets. The partnership will cover a variety of vessels, including tankers, gas carriers, container ships, and other specialised vessels. Under the MoU, the companies […]
Balkrishna Industries Ltd. (BKT) has inaugurated a Vehicle Dynamics and Testing (VD&T) facility at the National Automotive Test Tracks (NATRAX) in Indore. The facility is intended to support the company’s expansion into the on-road tyre segment, including passenger car radial, commercial vehicle radial, and two-wheeler tyres. The VD&T base is equipped with testing machinery and […]
Jindal Stainless has signed a memorandum of understanding (MoU) with the Government of Maharashtra to set up a 4 million tonnes per annum (MTPA) stainless steel manufacturing facility in Raigad. The project involves an investment of INR 415.8 billion and is expected to generate over 15,500 jobs. The facility aims to expand the company’s stainless […]
Jindal Steel has commissioned a 3 MTPA Basic Oxygen Furnace (BOF) at its Angul integrated steel plant in Odisha, increasing its crude steelmaking capacity at the facility from 6 MTPA to 9 MTPA. The first heat from the new BOF has been tapped, marking the start of production. The commissioning of the BOF synchronises with […]
Wheels India has entered into a technical agreement with South Korean hydraulics cylinder manufacturer SHPAC to enable technology transfer in hydraulic cylinder production. The move is aimed at expanding Wheels India’s operations in the hydraulic cylinder segment. “It has been our stated intent to focus and grow the hydraulics cylinder business significantly over the next […]
Mazagon Dock Shipbuilders Limited (MDL) and Guidance Tamil Nadu signed a memorandum of understanding (MoU) on 19 September 2025 to explore and develop a greenfield shipyard on India’s eastern coast. The signing ceremony took place in Bhavnagar, Gujarat, and was organised by the Ministry of Ports, Shipping and Waterways (MoPSW). The investment package for the […]
