July 15, 2025
Pricol Limited, a manufacturer of precision-engineered automotive products, has entered into a five-year technology licensing agreement with Domino S.r.l., an Italian manufacturer of control components for two- and three-wheelers. Under the agreement, Pricol will manufacture, distribute, and sell switches, throttles, and related products for original equipment use in two-wheelers across India and Southeast Asia. As part […]
July 15, 2025
Pavna Sunworld Autotech Pvt. Ltd., a manufacturer of automotive components, has commenced production and supply of oil pumps for Hero MotoCorp Ltd., effective July 14, 2025. The components are designated for Hero’s Splendor and Glamour motorcycle models and will be distributed to all six of the company’s manufacturing facilities in India. Production is currently ramping […]
July 14, 2025
Wheels India, a manufacturer of automotive components, has invested EUR 50,000 as equity in WIL Europe GmbH, a wholly owned subsidiary currently in the process of being incorporated in Germany. The investment, made on July 11, 2025, involved the subscription of 50,000 equity shares at a face value of EUR 1 each. The subsidiary is […]
July 14, 2025
Thriveni Group, a provider of end‑to‑end mining services, has completed the electric conversion of a PC 3000 hydraulic excavator at the Pakri Barwadih Coal Mining Project in Jharkhand. This marks the fifth such conversion at the site and the eleventh electric machine deployed across the company’s operations over the past five years. The company’s electric mining equipment […]
July 11, 2025
Tata Elxsi has signed a Memorandum of Understanding (MoU) with Synopsys to jointly offer automotive virtualization solutions aimed at supporting software-defined vehicle development. The collaboration is focused on delivering integrated and pre-verified solutions that enable the design and deployment of virtual electronic control units (vECUs), used for early-stage software validation and reducing development timelines. The […]
July 10, 2025
Simem India, a manufacturer of equipment for concrete batching and mixing, has completed construction of a new manufacturing facility in Vadodara, Gujarat. The site is now operational, with teams assembling core modules and preparing for initial dispatches from the plant. The facility includes assembly lines, workshops, and storage areas, and has been configured to accommodate potential […]
July 9, 2025
ZF India Pvt Ltd and Japan-based Somic Ishikawa Inc. have finalized the transfer of full ownership of their Indian joint venture, Somic ZF Components Pvt Ltd, to Somic Ishikawa. The transaction ends a 32-year partnership between the two companies, with Somic ZF Components now becoming a wholly owned subsidiary of the Somic Group. Established in […]
July 8, 2025
Indian Metals & Ferro Alloys Ltd (IMFA) has outlined expansion plans across its ferro chrome and ethanol businesses, with key targets set for the financial year 2025–26 (FY26). The company aims to increase ferro chrome production capacity and diversify into ethanol manufacturing, while also scaling up chrome ore mining in the longer term. At its […]
July 8, 2025
Hindustan Copper Limited (HCL) is hosting a three-week technical visit by a delegation from Chile’s state-owned copper company, CODELCO, as part of an ongoing partnership aimed at enhancing mining operations and exploring collaborative opportunities. The visit includes assessments of all HCL units and offices across India and follows a memorandum of understanding signed in April […]
July 4, 2025
Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding with South Korea-based HD Korea Shipbuilding & Offshore Engineering Co. Ltd. (KSOE) to explore long-term collaboration across multiple areas of shipbuilding and maritime development. The agreement, signed on July 4, 2025, outlines cooperation in new shipbuilding opportunities, technology exchange, productivity improvements, workforce development, and other […]
