June 28, 2025
Remsons Industries Ltd., a Mumbai-based automotive component supplier, has entered into a technical license agreement with AUSUS Automotive Systems do Brasil LTDA to transfer proprietary automotive component technologies to Brazil. The agreement aims to support local Original Equipment Manufacturers (OEMs) by enabling domestic production of these components using Remsons’ licensed technologies. Under the agreement, Remsons will […]
June 28, 2025
JSW Paints has signed indicative agreements to acquire up to a 74.76 percent stake in Akzo Nobel India Limited (ANIL) from Akzo Nobel N.V. and its affiliates. The potential transaction is valued at up to INR 89.86 billion, subject to closing adjustments. An additional contingent consideration of up to INR 447 crore may also be […]
June 25, 2025
Uravi Defence & Technology Limited, a producer of automotive lamps, has unveiled plans to acquire 100 percent equity in UK‑based Spafax International Ltd via its wholly owned subsidiary, Bharat Technology Ltd. The phased acquisition will kick off with a majority stake in 2026, followed by subsequent tranches. Spafax, originally founded in 1938 but incorporated as […]
June 24, 2025
Hooghly Cochin Shipyard Limited (Hooghly CSL), a wholly owned subsidiary of Cochin Shipyard Limited, has secured a contract to construct two luxury river cruise vessels for Heritage River Journeys Private Limited, which operates under the brand Antara River Cruises. The vessels are intended for deployment on the Brahmaputra River. The agreement covers the construction of […]
June 24, 2025
Setco Automotive Limited has announced the launch of Load Cushion and Torque Rod Bush products as part of its expansion into suspension solutions for the medium and heavy commercial vehicle (MHCV) segment. The company, listed on the BSE and NSE, stated that this move broadens its product offering within the commercial vehicle sector. The Load […]
June 24, 2025
Kern-Liebers, a manufacturer of springs, stamped parts, and assemblies for various industries, has inaugurated a new manufacturing facility in Pune, Maharashtra, as part of its expansion strategy in India. The plant covers 3,892 square metres of built-up area on 8,277 square metres of land and is intended to increase production capacity to serve both domestic […]
June 23, 2025
Zen Technologies Limited, a producer of defence training systems and anti-drone solutions, has announced the acquisition of a majority stake in TISA Aerospace Private Limited, a company engaged in the development of loitering munitions and unmanned aerial vehicles (UAVs). Zen Technologies, which manufactures defence training systems and anti-drone solutions, will carry out the acquisition through a […]
June 21, 2025
Wipro Infrastructure Engineering (WIN), a diversified manufacturing company, has entered into exclusive negotiations to acquire a majority stake in France-based Lauak Group. The transaction is expected to strengthen Wipro’s aerospace operations in Europe. The deal, announced at the Paris Air Show, is expected to close in the coming months, subject to customary closing conditions. Financial […]
June 21, 2025
ZF India Pvt Ltd, a supplier of auto components, has signed an agreement to supply several thousand EcoMid manual and EcoTronic Mid automated manual (AMT) 9-speed transmissions to a commercial vehicle manufacturer in India. The transmissions are intended for trucks with over 300 horsepower. The agreement was signed in March 2025. The transmissions will be […]
June 19, 2025
Tata Technologies, a product engineering and digital services company, has been selected as a strategic engineering supplier by Volvo Cars. The collaboration expands the companies’ existing relationship and will cover areas including product engineering, vehicle systems and component engineering, embedded software, and Product Lifecycle Management (PLM) solutions. According to Tata Technologies, the services will be delivered […]
