Festo India Private Limited inaugurated a 71,000 square feet Global Capability Centre (GCC) in Bengaluru, marking 40 years of operations in India. The facility, located near Electronics City, is designed to support advances in Industry 4.0, automation, and smart manufacturing, with capacity for 600 people. The GCC will serve as a strategic hub for advanced […]
McGean India Chemicals Private Limited held a groundbreaking ceremony for its upcoming manufacturing site at Saykha in Gujarat, marking the start of development at the new location. The project is intended to expand the company’s manufacturing footprint in India and support its product portfolio across multiple industrial segments. The Saykha facility will support manufacturing capabilities […]
Airbus Helicopters and Tata Advanced Systems Limited inaugurated a final assembly line (FAL) for the H125 helicopter in Vemagal, Karnataka, on 17 February 2026. The facility is expected to deliver the first “Made in India” H125 in early 2027. The Vemagal facility, described as India’s first private-sector helicopter FAL, will undertake full assembly, integration and […]
Sharda Motor Industries Limited reported new capital expenditure, multiple order wins in its lightweighting and export verticals, and revenue growth for the quarter ended 31 December 2025. The company announced plans to set up a new manufacturing facility in Uttarakhand with an investment of approximately INR 200 million, while also securing cumulative new annual orders […]
Mahindra & Mahindra Limited plans to expand sport utility vehicle (SUV) and tractor manufacturing capacity over the next two years while targeting annual electric vehicle (EV) volumes of more than 80,000 units in calendar 2027. The company detailed the expansion roadmap during its Q3 FY26 earnings conference call held on 11 February 2026. The automaker […]
Acutaas Chemicals Limited has completed the acquisition of a 75 percent shareholding in South Korea-based Indichem Inc through its wholly owned subsidiary, Acutaas Advance Material Limited. The transaction results in Indichem Inc becoming a step-down subsidiary of Acutaas Chemicals, with the acquisition of the controlling stake now concluded. Indichem Inc operates in the semiconductor chemicals […]
Bosch Limited has appointed Tillmann Olsen as its Chief Financial Officer (CFO) and Key Managerial Personnel with effect from 1 June 2026. The decision was approved by the company’s Board of Directors at its meeting held on 17 February 2026. The company said in a stock exchange filing that Karin Gilges, the current CFO and […]
ArcelorMittal Nippon Steel India Private Limited on 16 February 2026 expanded its value-added steel portfolio with the launch of two branded coated products, AM/NS Vibrance and AM/NS Optima, targeting appliance and industrial manufacturing applications. The company said the additions are intended to meet rising demand from Original Equipment Manufacturers (OEMs) for surface precision, aesthetics and […]
SKP Bearing Industries Limited expanded its manufacturing capacity and outlined medium-term revenue targets in its Q3 and nine-month FY26 investor presentation. The company is scaling up roller production, increasing installed capacities across plants, and targeting standalone India revenue of INR 1 billion by FY29. Plant 2, which specialises in rollers, is expanding capacity from approximately […]
TIL Limited has approved the acquisition of a 60 percent stake in Tulip Compression Private Limited (TCPL), marking its entry into the clean energy manufacturing segment. The board cleared the transaction on 16 February 2026, subject to shareholder and regulatory approvals. The company will acquire the stake in TCPL from Gainwell Commosales Private Limited, with […]
