JSW Steel plans to invest between INR 500 billion and INR 600 billion over the next three to four years to set up 10 million tonnes per annum (MTPA) of green steel production capacity at its Salav plant in Raigad district, near Mumbai. The investment is part of a brownfield expansion of the existing facility. […]
Greaves Cotton Limited has announced the appointment of Parag Satpute as its new Managing Director and Group Chief Executive Officer. The company stated that Satpute will be responsible for overseeing operations and strategy across its business units, including Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Private Limited. Satpute brings nearly three decades of […]
ArcelorMittal Nippon Steel India (AM/NS India) has commissioned a scrap processing facility at its manufacturing site in Khopoli, Maharashtra, with an annual processing capacity of 120,000 tonnes. The unit is the first of four planned facilities under a INR 3.5 billion investment programme aimed at improving domestic scrap availability and reducing production costs. The company […]
Sangir Plastics inaugurated a new manufacturing facility in Malav, Gujarat, on 5 April 2025, as part of its expansion in the industrial sector. The event was attended by Kanubhai Mohanlal Desai, Cabinet Minister in the Gujarat government, and Ramanbhai Patkar, Member of Legislative Assembly from the Umargam constituency. The company, established in 1982, specializes in […]
Maritime Montering has secured two contracts from Cochin Shipyard for the turnkey interior and accommodation outfitting of hydrogen-powered container vessels commissioned by Samskip. The vessels are scheduled for outfitting to begin in the second quarter of 2025, with teams from Maritime Montering’s India and Romania operations collaborating on the project. The vessels are 132 meters […]
POSCO Group is restructuring its global manufacturing operations, prioritizing new steel production investments in India and the United States, according to a report by Business Korea. The South Korean company aims to support these expansions through the sale of non-core assets and a shift toward localized manufacturing strategies. In India, POSCO is pursuing the construction […]
Aqua Forge Robotics Pvt Ltd has established a new branch office in Chennai, which will function as its dedicated research and development centre for underwater drone and robotics technology. The facility will focus on innovation, design, and manufacturing for marine and industrial applications. According to the company, the expansion aims to enhance its R&D capabilities […]
MOL Logistics India, a subsidiary of Mitsui O.S.K. Lines, has inaugurated a 25,000 square foot temperature-controlled warehouse facility in Taloja, Maharashtra. The facility is intended to support pharmaceutical logistics operations for a Japanese pharmaceutical client. According to the company, the site is designed to enhance the sourcing, storage, and distribution of pharmaceutical products from India […]
Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding (MoU) with Drydocks World, a DP World company, to collaborate on the development of ship repair clusters in India. The agreement focuses on expanding maritime infrastructure by establishing repair facilities and exploring offshore fabrication opportunities. The proposed ship repair clusters are planned for locations including […]
Godrej Industries’ Chemicals Business has completed the acquisition of the food additives business of Savannah Surfactants Limited. The acquired unit, located in Goa, includes a manufacturing facility with a capacity of 5,200 metric tons per annum (MTPA) of finished products. The transaction, finalized at the beginning of the 2025–26 fiscal year, marks a move by […]
