The Ministry of Steel convened a high-level stakeholders’ meeting to review preparations for the upcoming ‘India Steel 2025’ event, scheduled to take place from April 24 to 26, 2025. The meeting, chaired by Steel Secretary Sandeep Poundrik, included senior government officials, diplomats from key steel-producing nations, representatives from state governments, executives from Central Public Sector […]
Shimadzu Corporation has announced plans to expand its operations in India with the establishment of a new manufacturing subsidiary, Shimadzu Manufacturing India Private Limited (SMI), in Bengaluru, Karnataka. The plant is expected to be completed and operational by the spring of 2027. Additionally, the company will integrate its existing sales subsidiaries in the country to […]
HENN Connector Group has inaugurated a new assembly plant in Chennai, India, as part of its international expansion strategy. The Austrian company has invested approximately one million euros in the facility, which will begin supplying plastic couplings to automotive manufacturers in the Indo-Pacific market from March 2025. The plant, covering 1,500 square meters, currently employs […]
Sundaram Clayton Limited (SCL) has commenced operations at a new die-casting facility in Thervoy Kandigai, near Chennai, Tamil Nadu. The company has also introduced a 4,400-ton die-casting machine at its U.S. facility as part of its expansion strategy. These developments were announced alongside its quarterly financial results on January 31, 2025. The Chennai facility will […]
JRG Automotive Industries Private Limited has acquired the two-wheeler functional plastics division of Stanley Engineered Fastening India (SEFI), expanding its manufacturing presence in South India. The acquisition includes two operational manufacturing facilities located in Manesar, Haryana, and Bangalore. The acquired division specializes in plastic injection-moulded components for two-wheeler original equipment manufacturers (OEMs), construction equipment manufacturers, […]
L&T Technology Services (LTTS), through its Smart World business, has joined the Arizona Technology Council (AZTC) to enhance its global reach in smart city and digital solutions. This move aligns with the company’s objective of expanding its presence in North America and participating in technology-driven initiatives. LTTS’ involvement in AZTC is expected to create collaboration […]
JTL Industries Limited has announced its entry into the lattice tower manufacturing segment with the establishment of a new production facility in Derabassi, Punjab. The plant, built on a 12-acre site recently acquired by the company, will have a production capacity of 1,500 tons per month and is expected to commence operations in the second […]
Artson Limited has received a letter of intent from Sadhav Offshore Engineering Pvt. Ltd. for the construction and supply of a floating dry dock. The contract is valued at Rs. 61.54 crore, inclusive of GST, and is structured as a unit rate contract. According to the company’s disclosure to the Bombay Stock Exchange (BSE), the […]
Craftsman Automation Limited has announced plans to set up a new manufacturing plant at SIPCOT Industrial Park, Shoolagiri, Hosur. The company’s board of directors approved the project during a meeting held on January 29, 2025, according to a statement issued by the company. The proposed facility will focus on aluminium product manufacturing and is expected […]
Larsen & Toubro’s (L&T) Minerals & Metals (M&M) vertical has received an order for the development of freight handling facilities in the Gulf Cooperation Council (GCC) region. The project is a repeat order from a railway company in the GCC, which is expanding its capacity in multiple phases. The scope of work includes engineering, procurement, […]
