April 13, 2025
AIM Solder and India-based Persang Alloy Industries Pvt. Ltd. have entered into a joint venture aimed at expanding manufacturing operations and product offerings in the solder materials sector. The partnership is expected to enhance the availability of solder pastes, fluxes, and related materials for the electronics assembly industry. According to the announcement, the venture will […]
April 12, 2025
Square Port Shipyard has signed a Memorandum of Understanding with Damen Technical Cooperation B.V., a group company of Damen Shipyards Group N.V. The agreement aims to facilitate shipbuilding activities at Square Port’s facility in Dabhol, Maharashtra, for both domestic and export markets. Under the MoU, Damen Technical Cooperation will support the development of the Dabhol […]
April 12, 2025
Festo India has opened a new facility in Pune focused on automation and motion technologies. The Festo Motion Lab is intended to support technical learning and development in industrial automation. The lab will be used as a space for training and skill development in motion-related technologies. The company stated that the facility is designed to […]
April 11, 2025
Hitachi has announced a senior leadership transition in India, with Bharat Kaushal appointed as Executive Chairman and acting Managing Director of Hitachi India, effective April 1, 2025. He will also continue serving as a Corporate Officer of Hitachi, Ltd., with responsibility for regional strategies in India. The development was shared through a company press release. […]
April 11, 2025
Timken India Limited has inaugurated an expanded manufacturing facility for roller bearings in Bharuch, Gujarat. The facility, which represents a capital investment of INR 6 billion, will begin commercial production in the first quarter of the 2025–26 financial year. The expansion is located adjacent to Timken’s existing plant in Bharuch and will cater to growing […]
April 11, 2025
Bansal Wire Industries has inaugurated a new steel wire manufacturing facility in Dadri with a current production capacity of 360,000 metric tons per annum (MTPA). The company plans to increase this capacity to 420,000 MTPA by the first half of the 2025–26 financial year. According to the company, the total infrastructure across all Bansal Wire […]
April 11, 2025
Belrise Industries has acquired H-One India, the Indian subsidiary of Japan-based H-One Co., in a move aimed at expanding its automotive manufacturing operations in India. The acquisition includes two manufacturing facilities located in North India and is expected to enhance Belrise’s production capacity and supply chain efficiency. H-One India is involved in the design and […]
April 11, 2025
Ratnamani Metals & Tubes Limited (RMTL) has entered into a joint venture agreement with Saudi Electric Supply Company Limited (SESCO), a Tamimi Group company, to establish a manufacturing unit for seamless tubing products in Saudi Arabia. RMTL will hold a 75% stake in the joint venture company, while SESCO will hold the remaining 25%, according […]
April 11, 2025
Sundaram Finance Holdings Limited (SFHL) has announced plans to acquire 24.16% of the equity share capital in Axles India Limited for a total consideration not exceeding INR 1.83 billion. The transaction involves the purchase of 6,158,208 equity shares at INR 296.65 per share from Dana Global Products Inc., a foreign promoter of Axles India. Following […]
April 11, 2025
CLOOS India has inaugurated a new training facility in Chinchwad, Pune, significantly expanding its operational footprint. The facility, opened on April 10, 2025, is nearly six times larger than its previous location, according to the company. The new centre includes three robotic welding stations equipped with the latest CLOOS technology, a collaborative robot (COBOT) welding […]
