Hindalco Industries and Blue Star have entered into a partnership to manufacture high-precision copper tubes in India. The move aims to localize production and reduce reliance on imports for the heating, ventilation, air conditioning, and refrigeration (HVAC&R) industry. The partnership will combine Hindalco’s capabilities in non-ferrous metals with Blue Star’s industry experience in air conditioning […]
Bedi Steels Limited has announced that its new rolling mill in Ludhiana, Punjab, will commence production in April 2025. The facility, built with an investment of INR 134.9 million, has an annual production capacity of 70,000 tonnes and will manufacture Round Bars, RCS/Square Bars, Hex Bars, and Flat Bars. The company stated that the new […]
Jindal Stainless has submitted an investment proposal for the establishment of a stainless steel plant in Maharashtra. The proposal was presented during a state cabinet subcommittee meeting, chaired by Deputy Chief Ministers Eknath Shinde and Ajit Pawar. The planned facility, set to be developed over the next ten years, is projected to generate more than […]
TVS Supply Chain Solutions Limited has announced the appointment of R Vaidhyanathan as its new Global Chief Financial Officer (CFO), effective April 1, 2025. The decision was approved by the company’s board of directors. Vaidhyanathan, currently serving as Deputy Global CFO, will be based in Chennai and report to Managing Director Ravi Viswanathan. Raviprakash Bhagavathula, […]
Natraj Pipes has announced the expansion of its manufacturing capacity with a new production facility in West Bengal. The expansion will increase output across multiple product lines, including uPVC, HDPE, OPVC, CPVC, and MDPE pipes. With the new facility, the production capacity for uPVC pipes and fittings will grow from 8,000 tonnes to 12,000 tonnes […]
Sundaram-Clayton Limited (SCL) has entered into a Business Transfer Agreement to sell its high-pressure and low-pressure aluminum die-casting operations at its Hosur plant to Sandhar Ascast Private Limited. The transaction, executed on March 26, 2025, is structured as a slump sale on a going concern basis. According to the company’s disclosure, the division contributed USD […]
BMW Industries has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Production Linked Incentive (PLI) scheme 1.1 for specialty steel. Under this agreement, the company will manufacture coated and plated steel products, including AI-Zn coated (Galvalume) products, at its upcoming Greenfield Downstream Steel Complex in Bokaro, Jharkhand. In a filing, […]
MC-Bauchemie India has inaugurated a new manufacturing facility in Bhiwadi, Rajasthan, expanding its production capacity for construction chemicals. The facility is equipped with advanced production technology and incorporates sustainable practices. The new plant is expected to enhance supply chain efficiency and support innovation in the industry. The company acknowledged the role of its team, partners, […]
Epic Group, a Hong Kong-based apparel manufacturer, is investing INR 3.77 billion in a green manufacturing facility in Bhubaneswar, Odisha. The facility will use low-emission TMT bars supplied by ARS Steel, which recently delivered its first batch of “green steel” to Trimetro Group for the project’s construction. ARS Steel’s TMT bars have an emission intensity […]
Tata AutoComp Systems Ltd has announced its plan to acquire International Automotive Components Group Sweden AB (IAC Sweden), a supplier of automotive interior systems. IAC Sweden has an estimated annual turnover of USD 800 million. The acquisition is subject to regulatory approval within the European Union. The acquisition is aimed at strengthening Tata AutoComp’s presence […]
