Anevolve Private Limited, along with Asia Investments UK Private Limited, has entered into an agreement to acquire a majority stake in APAG Holding AG, the Swiss subsidiary of Kanoria Chemicals & Industries Limited, through a two-tranche transaction. In the first tranche, scheduled for completion by September 2025, Anevolve and Asia Investments will jointly infuse USD […]
AXISCADES Technologies has secured defence electronics orders worth approximately INR 6 billion across airborne, naval and radar‑based platforms. These projects, to be executed over the next three to five years, cover development, prototyping and full‑scale production. Awarded via the company’s defence subsidiaries through premier Indian defence laboratories and PSUs, the contracts involve designing and supplying […]
Amber Enterprises India Ltd.’s electronics arm, IL JIN Electronics India Pvt Ltd, has signed definitive agreements to acquire a 40.24 percent controlling stake in Unitronics (1989) (R”G) Ltd., a company based in Israel. Following the deal, IL JIN and Unitronics Joint Chairman Haim Shani will jointly hold approximately 45.13 percent of the company. Under the acquisition […]
Wipro Infrastructure Engineering (WIN) has announced the launch of a new division, Wipro Electronic Materials, aimed at manufacturing high-performance base materials for Printed Circuit Boards (PCBs). The company plans to invest approximately INR 500 crore in a new manufacturing facility in Karnataka, which is expected to commence production in 2026. The upcoming facility will produce […]
FORVIA India, an automotive technology group, has inaugurated a new production line for display infotainment systems at its Dhankot plant near Gurugram, Haryana. The initiative expands the company’s local manufacturing capabilities and results from the collaboration between Faurecia and HELLA, both part of the FORVIA Group. Senior leaders from Maruti Suzuki India Limited were present at […]
ArcelorMittal Nippon Steel (AMNS) has achieved the first coil production from its third Continuous Galvanizing Line (CGL#3) at the Hazira facility in Gujarat. The line was supplied by industrial engineering firm John Cockerill and has now transitioned from commissioning to operational readiness. The CGL#3 line is designed to process Advanced High-Strength Steel (AHSS) with tensile […]
Reliance Industries has increased its stake in Nauyaan Shipyard to 93.9 percent following a 9.9 percent acquisition by its wholly owned subsidiary, Nauyaan Trading. The additional shares were purchased from Welspun Corp for INR 547 million, according to a stock exchange filing. The transaction follows an earlier deal in March 2025, in which Reliance Strategic […]
AGI Greenpac, a manufacturer of glass containers and packaging products, and CANPACK Group have announced separate investments totalling INR 23 billion to establish aluminium beverage can manufacturing facilities in Uttar Pradesh. The move is intended to tap into growing demand for recyclable and sustainable packaging solutions in India. AGI Greenpac plans to invest approximately INR […]
Safran has successfully completed its $1.8 billion acquisition of Collins Aerospace’s flight control and actuation business. The integration strengthens Safran’s position in next-generation aerospace systems and marks a significant expansion of its operations in India. The deal, approved by European regulators on the condition that Safran divests its North American electromechanical actuation business to Woodward, […]
Uno Minda Limited, a supplier automotive components and systems, has completed the acquisition of the e‑Drives business assets in Vietnam from Friwo Vietnam Company Limited. The transaction was executed via its wholly owned step‑down subsidiary, Minda Industries Vietnam Company Limited, and finalized on 22 July 2025. This deal marks part of Uno Minda’s broader international expansion […]
