Hind Rectifiers Limited has completed the acquisition of France-based BeLink Solutions for EUR 1 million to establish a European base in robotics, power electronics, and electronics manufacturing services. The company plans an additional infusion of EUR 2 million into the new subsidiary to strengthen its operations and production capabilities. The acquisition, approved by the French […]
Garden Reach Shipbuilders & Engineers (GRSE) Ltd has signed a contract with Germany-based Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG for the construction of four hybrid multi-purpose vessels (MPVs). The total contract value is USD 62.44 million. The agreement covers the design, construction, and delivery of four 7,500 deadweight tonnage (DWT) vessels. Each […]
Action Construction Equipment Ltd (ACE) will invest INR 4 billion to establish a crane manufacturing facility in Palwal, Haryana. The project is intended to increase domestic production capacity, reduce imports, and meet demand from infrastructure projects such as highways, metros, and industrial parks. The new plant will be built on a 22-acre site near Delhi-NCR. […]
Stephenson Gobin, a UK-based manufacturer of electromagnetic brakes, clutches, and safety products, has opened a new 20,000 sq ft manufacturing plant in Attibele, Karnataka, near Bangalore. The facility will produce electromagnetic brakes, clutches, and fire door safety products, expanding the company’s production capacity to meet demand from international customers. The site is equipped with assembly […]
Tata Steel Limited has awarded a contract to John Cockerill India Limited for the supply of a Push-Pull Pickling Line and Spray Roaster-Acid Regeneration Plant at its Jamshedpur facility in Jharkhand. The agreement covers engineering, design, manufacture, supply, and supervision of erection and commissioning to meet full contractual performance guarantees. The Pickling Line will have […]
Pavna Industries, an automotive component manufacturer, has entered into a Memorandum of Understanding with the Government of Tamil Nadu to establish an auto-components manufacturing facility at the Future Mobility Park in Shoolagiri, Krishnagiri district. The company stated that the planned facility will increase its production footprint and contribute to the automotive supply chain. The factory […]
SJS Enterprises, a supplier of automotive components, has entered into a Memorandum of Understanding (MoU) with Hong Kong-based BOE Varitronix to collaborate on the manufacture of automotive displays in India. The agreement covers technology transfer, localisation of production, and development of critical display components for the four-wheeler segment. BOE Varitronix will transfer technology to SJS […]
The Automotive Component Manufacturers Association of India (ACMA) has appointed Vikrampati Singhania, Managing Director of JK Fenner (India) Ltd., as its President for the 2025–26 term. The association also named Sriram Viji, Managing Director of Brakes India Pvt. Ltd., as President Designate. “The appointment of Mr. Vikrampati Singhania as President and Mr. Sriram Viji as […]
The Automotive Component Manufacturers Association of India (ACMA) held its 65th Annual Session in New Delhi, where a joint ACMA–McKinsey study projected that India’s auto component industry could reach USD 200 billion by 2030. The study highlighted growth drivers including domestic demand, export expansion, and opportunities in both internal combustion engine components and next-generation electric […]
Grene WIS India has expanded its manufacturing facility in the Kanchipuram/Serapanachery area near Chennai, increasing its size from 1,500 square metres to 3,500 square metres. The new factory is focused on steel fabrication and is intended to support heavy industries, process plants, and wind turbine suppliers and operators. The expanded unit is equipped with CNC […]
