Blue Dart, a logistics and transportation company under the DHL Group, has inaugurated a new integrated operating facility in Bijwasan, Delhi. The facility, which spans 2.5 lakh square feet, is designed to handle over 5.5 lakh shipments per day and incorporates a 600-kilowatt solar power installation to reduce carbon emissions. Situated near the Dwarka Expressway, […]
ArcelorMittal Nippon Steel India (AM/NS India) has announced plans to commission two new production lines for advanced automotive steel at its facility in Gujarat by 2025. The expansion aims to bolster the domestic supply of high-quality steel for the automotive industry, which is currently growing at an annual rate of 6–7%. The company stated that […]
Ador Powertron Limited has inaugurated a new facility in Pune dedicated to producing power electronics for the green hydrogen industry. The facility, named Yonder H2, has an annual production capacity of 500 MW and is designed to cater to the needs of electrolyzer manufacturers globally. The launch event was attended by Philip Green, Australia’s High […]
JSW Paints has announced its openness to exploring inorganic growth opportunities, including participating in a potential acquisition process initiated by Akzo Nobel. Sundaresan A S, joint managing director and CEO of JSW Paints, confirmed the company’s interest during the Indian Paint Conference in Kolkata, organized by the Indian Paint Association. The company emphasized that any […]
Rungta Steel has announced the commencement of Ductile Iron (DI) Pipe production at its Chaliyama Steel Plant in Chaibasa, Jharkhand. This initiative marks the company’s entry into a new segment within the infrastructure sector, complementing its existing product offerings such as TMT bars, wire rods, and fly ash bricks. DI Pipes are manufactured using molten […]
Minda Corporation Limited has announced a strategic partnership with Flash Electronics (India) Pvt. Ltd., involving the acquisition of a 49% equity stake in Flash Electronics for ₹1,372 crore. The partnership aims to strengthen both companies’ positions in the electric vehicle (EV) and automotive electronics markets. Flash Electronics specializes in automotive engine and powertrain electronics, including […]
G R Infraprojects Limited has completed the acquisition of Bijapur REZ Transmission Limited (BRTL) from PFC Consulting Limited. The transaction, executed under a share purchase agreement, makes BRTL a wholly owned subsidiary of the company. BRTL, incorporated on June 28, 2024, has an authorized and paid-up share capital of ₹1 lakh, divided into 10,000 equity […]
Bharat Electronics Limited (BEL), a defense public sector undertaking, announced the receipt of additional orders amounting to ₹561 crores since December 23, 2024. The new contracts include communication equipment, electro-optics, satellite communication network upgrades, radar and fire control systems, spares, and related services. With these additions, BEL’s total order book for the current financial year […]
Interarch Building Products Limited has secured orders worth ₹221 crore for two major infrastructure projects in India’s semiconductor and lithium-ion battery manufacturing sectors. According to the company’s press release, the projects are part of ongoing efforts to enhance domestic manufacturing capabilities in these key industries. The first order involves the construction of a semiconductor manufacturing […]
Indichip Semiconductors Ltd, in partnership with Japan’s Yitoa Micro Technology (YMTL), has signed an agreement with the Andhra Pradesh government to establish a semiconductor manufacturing facility with an investment of Rs 14,000 crore. The facility, to be located at the Orvakal mega industrial hub in Kurnool, will focus on producing Silicon Carbide (SiC) chips. According […]
