September 2, 2025
Aerolloy Technologies Limited, a wholly owned subsidiary of PTC Industries Limited, has commissioned a new Vacuum Induction Melting (VIM) furnace and advanced manufacturing facilities for superalloys in Lucknow, Uttar Pradesh. The development expands the company’s production capability to include superalloy ingots, cast sticks, and investment castings for use in aerospace, defence, space propulsion, and industrial […]
September 2, 2025
Mukand Sumi Special Steel Limited (MSSSL) has announced plans to establish a greenfield integrated steelmaking facility at Kanakapura, Koppal, Karnataka, with an investment of Rs 23.45 billion. The project is expected to increase the company’s production capacity to 700,000 tonnes per annum once operational. The new facility is scheduled to begin operations by early 2028. […]
September 1, 2025
CEAT Limited has acquired Michelin Group’s CAMSO Construction Compact Line Business, including the Midigama plant and Casting Product plant in Sri Lanka. The transaction gives CEAT ownership of the CAMSO brand, which will be permanently assigned across categories after a three-year licensing period. As part of the acquisition, CEAT announced an investment of USD 171 […]
August 31, 2025
Permanent Magnets Limited has announced that its wholly owned subsidiary, Quantum Magnetics Private Limited (QMPL), has entered into a joint venture agreement with Singapore-based Lorentic Pte. Ltd. The agreement was approved by the board of Permanent Magnets Limited on 28 August 2025. The venture will focus on manufacturing, marketing and distributing neodymium magnets and related […]
August 29, 2025
Samvardhana Motherson International Limited announced that its board has approved the acquisition of an 81 percent stake in Japan-based Yutaka Giken Co., Ltd. (YGCL) through its wholly owned subsidiary Motherson Global Investments B.V. The company will also acquire an 11 percent stake in YGCL’s subsidiary Shinnichi Kogyo Co., Ltd. from Honda Motor Co., Ltd., and […]
August 29, 2025
SGD Pharma, a producer of moulded and tubular glass for pharmaceutical primary packaging, has signed an agreement with Italian private equity firm Entangled Capital to acquire Alphial S.r.l., a manufacturer of tubular vials and ampoules based in Italy. Alphial employs more than 220 people across four manufacturing sites. The transaction is subject to Italian foreign […]
August 28, 2025
Benteler, an automotive technology company, is expanding its manufacturing footprint in India. Tony Shi, member of the Management Board of Benteler Automotive, and Shyam Dinakaran, Vice President of Purchasing APAC, met Pratik Mathur, Consul General of India in Shanghai, to brief him on the company’s expansion plans. In July 2024, the company inaugurated a pressing […]
August 28, 2025
DN Solutions has signed an agreement to acquire HELLER, expanding its presence in Europe and strengthening its portfolio in machining centres and 5-axis technologies. The transaction is subject to approvals from antitrust and other regulatory authorities. According to DN Solutions, the company generates annual sales of around USD 2 billion and employs more than 2,000 […]
August 28, 2025
Pavna Industries Limited, a manufacturer of automotive components, has acquired an additional 1.89 acres of land near Jewar Airport in Uttar Pradesh. The company said the expansion is part of its strategy to strengthen its presence in the industrial corridor surrounding the airport and to support future capacity growth. “Each addition to our landholding near […]
August 28, 2025
Simem, a manufacturer of concrete batching plants, has announced that its new factory in Vadodara, Gujarat, is now fully operational and has begun producing concrete batching plants. The facility, which adds to the company’s existing operations in India, is positioned to expand capacity for both domestic and international markets. The company established its operations in […]
