MOVIN has inaugurated a new logistics facility in Mundka, West Delhi, to enhance its operational capabilities in the Delhi-NCR region. The facility aims to improve transit times and delivery efficiency as part of the company’s ongoing expansion efforts. According to MOVIN, the new facility will support growing customer demand by optimizing operations and strengthening its […]
Tube Investments of India, part of the Murugappa Group, has approved a capital investment of ₹170 crore to expand its fine blanking products business. The expansion includes the establishment of a new manufacturing facility in western India and the expansion of an existing facility in southern India. The project is expected to be completed by […]
H.G. Infra Engineering Limited has announced the incorporation of a wholly owned subsidiary, H.G. Gujarat Bess Private Limited, as a Special Purpose Vehicle (SPV) for business operations in the battery energy storage system sector. The subsidiary was incorporated on February 5, 2025. According to the company’s filing with stock exchanges, the new entity has an […]
Elemental Econrg India Private Limited, a company formed through the merger of Elemental EMEA Global Trade Center DMCC and Econrg Systech Private Limited, has launched a catalytic converter recycling facility in India. The plant is set to process 130 tons of used automotive catalytic converters in 2025, with plans to expand capacity in the coming […]
Rain CII Carbon (Vizag) Limited, a subsidiary of Rain Carbon Inc., has announced plans to set up a coal tar distillation facility in the Andhra Pradesh Special Economic Zone (APSEZ) in Anakapalli, India. The project will be executed in two phases, with operations expected to begin in the second half of 2025. According to the […]
Philips Carbon Black Limited (PCBL) plans to establish a sixth manufacturing facility in India as part of its capacity expansion strategy. The new plant will be located on a 116-acre site in Naidupeta, Andhra Pradesh, and is expected to have a production capacity of 400,000-450,000 tonnes per year. The first phase of the project will […]
RRP Semiconductor Ltd. has entered the fabless semiconductor market through the acquisition of complete intellectual property (IP) for application-specific integrated circuit (ASIC) design from its European technology partners. The move marks a shift towards independent semiconductor design and development. According to the company’s press release, the acquisition includes expertise in ASIC development workflow, front-end and […]
RMC Switchgears Limited has received a work order valued at Rs. 108.05 crore for the development of distribution infrastructure, including 11 KV underground (UG) cable and ring main unit (RMU) system in select districts of Gujarat. The contract was awarded by Swastik Infra Private Limited, a domestic entity. According to the company, the project is […]
Larsen & Toubro’s Minerals & Metals (M&M) business vertical has secured a contract to build a Pellet Plant and a Direct Reduction of Iron (DRI) Plant for a steel producer in the Middle East & North Africa (MENA) region. The project falls within the company’s “major” classification, indicating a contract value between ₹5,000 crore and […]
Kolkata-based Titagarh Rail Systems Limited has announced the addition of a new business vertical focused on shipbuilding and maritime systems. The decision, approved by the company’s Board of Directors on February 3, 2025, marks an expansion beyond its core rail-based operations. The new maritime division will undertake shipbuilding, ship repair, and related activities. The company […]
