The Vizhinjam International Deepwater Multipurpose Seaport in Kerala has been formally inaugurated, with a reported investment of INR 88 billion. Developed by Adani Ports and Special Economic Zone Ltd, the facility is India’s first dedicated container transshipment port and aims to reduce reliance on foreign ports such as Colombo, Singapore, and Jebel Ali for handling […]
SAF-HOLLAND SE has acquired the remaining 40% stake in Haldex ANAND India Private Limited from its joint venture partner ANAND Group, making the company a wholly owned subsidiary. The transaction, which became effective on April 11, 2025, is part of SAF-HOLLAND’s ongoing strategy to strengthen its position in the Indian commercial vehicle components market. Haldex […]
Jindal (India) Ltd has announced an investment of INR 1 billion to enter the steel section pipes and tubes segment. The company plans to establish a monthly production capacity of 5,000 metric tonnes at its manufacturing facility in West Bengal. The projected output is expected to generate sales revenue of INR 3.15 billion in the […]
Sojitz Corporation has invested in IOC GPS Renewables Pvt. Ltd. (IGRPL), a special purpose company formed by GPS Renewables Private Limited and Indian Oil Corporation Ltd. The investment marks Sojitz’s entry into the biomethane production and sales business in India. IGRPL plans to develop 30 biomethane plants by FY2026–FY2027 with a targeted annual production capacity […]
Adani Enterprises Ltd (AEL) reported a 26% year-on-year increase in consolidated EBITDA to INR 167.22 billion for the financial year ended March 31, 2025. Consolidated profit before tax rose 16% to INR 65.33 billion. Total revenue for the year grew by 2% to INR 1.00365 trillion. The company also recognized an exceptional pre-tax gain of […]
John Cockerill has announced several initiatives focused on steel manufacturing and decarbonization, including technology collaborations and investment plans in India. The company highlighted its Jet Vapor Deposition (JVD®) technology and its involvement in green hydrogen infrastructure as part of discussions at the India Steel 2025 conference organized by the Ministry of Steel and FICCI. JVD® […]
The UNSW SMaRT Centre and the Steel Research and Technology Mission of India (SRTMI) have entered into a partnership to collaborate on green steel manufacturing, decarbonisation, recycling, and advanced steel technologies. The Memorandum of Understanding was signed on April 24 during the India Steel Expo 2025, with support from Investment NSW. The agreement was formalised […]
Watlow Electric Manufacturing Company has opened a new facility in Bengaluru, India, to advance its thermal solutions offerings. The office, which opened on April 3, 2025, is positioned in Rathi Legacy-Rohan Tech Park and aims to enhance the company’s capabilities in product development, customer support, and market research. This expansion complements Watlow’s existing presence in […]
Swan Defence and Heavy Industries Limited (SDHI) has signed a Memorandum of Understanding with Wheel & Time Shipping Transport Logistics to launch a Fabrication, Assembly, Storage, and Transportation (F.A.S.T.) logistics ecosystem at its Pipavav shipyard in Gujarat. The facility is intended to support high-value, heavy engineering projects by integrating manufacturing and logistics within a single […]
The Indian Institute of Technology Madras (IIT Madras) incubated 104 startups during the 2024–25 financial year, marking the highest number of startups incubated by the institute in a single year. Over 50 percent of these ventures were founded by faculty, students, researchers, staff, or alumni of IIT Madras, while the remainder were started by external […]
