Posts by Wesley Joseph

Samvardhana Motherson to acquire Nexans Autoelectric Wiring Harness business for EUR 207 million

Samvardhana Motherson International Limited approved a proposal to acquire the automotive wiring harness business of Nexans autoelectric GmbH and Elektrokontakt GmbH through its indirect wholly owned subsidiary, Motherson Global Investments B.V., as part of an effort to expand its global wiring harness operations. The transaction involves the acquisition of business assets, certain real estate in […]

Oben Electric Raises INR 85 Million in Pre-Series B Round, Targets Distribution Expansion and Product Development

Oben Electric Private Limited, an electric motorcycle manufacturer, has raised INR 85 million in a Pre-Series B funding round as it enters a new phase of growth focused on scaling distribution, manufacturing efficiency, and product development. The funding round included participation from Indian American family offices, including Raj K Soin, Musa Dakri, and Ramesh Bhutada, […]

Divgi TorqTransfer Systems steps up export push, evaluates US manufacturing as part of global growth strategy

Divgi TorqTransfer Systems Limited has outlined an export-led growth strategy centred on geographic diversification, advanced transmission technologies, and portfolio flexibility across internal combustion, hybrid, and electric vehicle platforms, including an evaluation of a potential manufacturing footprint in the United States. Exports contributed around 11 percent of revenue in Q1 FY26, up from 1 percent in […]

Knorr-Bremse plans INR 19.07 billion manufacturing facility in Chennai

Knorr-Bremse Group plans to invest INR 19.07 billion in a new greenfield rail manufacturing facility near Chennai, expanding its production, engineering, and technology footprint in India. The proposed facility will be located along the Sriperumbudur industrial corridor in Tamil Nadu and is intended to support India’s expanding rail programmes as well as export-oriented manufacturing. Knorr-Bremse […]

Remal Alcast Commences Operations at Aluminium Billet Casthouse in Maharashtra

Remal Alcast Private Limited has commenced operations at a new integrated aluminium billet casthouse at Vile Bhagad in Maharashtra, marking its entry into billet manufacturing. The facility, developed under the Remal brand and backed by the Star Group, adds new domestic capacity to India’s aluminium value chain and is positioned to serve extrusion and downstream […]

Greaves Cotton appoints Santosh Singh as Chief Strategy and AI Officer

Greaves Cotton Limited has appointed Santosh Singh as Chief Strategy and AI Officer with effect from 15 December 2025, strengthening its senior management team as part of a broader strategic realignment. The appointment is aimed at supporting execution across emerging business vectors and advancing the company’s long-term strategy. Singh will play a central role in […]

Wheels India Signs Technical Agreement with Topy Industries, Plans Aluminium Wheel Capacity Expansion

Wheels India Limited has signed a technical assistance agreement with Japan-based Topy Industries to strengthen its aluminium alloy wheel design and manufacturing capabilities, while outlining plans to expand production capacity at its Thervoy Kandigai plant near Chennai. The agreement is expected to support new business opportunities in the aluminium wheels segment and deepen the company’s […]

Naxion Energy to Invest INR 2 Billion in New Manufacturing Facility by December 2026

Naxion Energy, a Hyderabad-based sodium-ion battery manufacturer, has announced plans to invest INR 2 billion by December 2026 to expand its production capacity and establish a new manufacturing facility in Hyderabad. The company said the expansion is aimed at meeting rising demand for its battery technologies across mobility and energy storage applications. The company currently […]