December 22, 2025
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 […]
December 20, 2025
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, […]
December 20, 2025
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 […]
December 18, 2025
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 […]
December 17, 2025
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 […]
December 16, 2025
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 […]
December 16, 2025
Padmini VNA Group (PVNA), an Indian auto-component manufacturer, on 16 December 2025 announced that it has secured a strategic growth investment of INR 7.5 billion from Norwest as it moves into its next phase of expansion and product development. The investment is aimed at supporting the company’s focus on clean, connected and future-ready urban mobility […]
December 15, 2025
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 […]
December 13, 2025
JSW Steel Ltd. has commissioned a new 350-ton Ruhrstahl Heraeus (RH) secondary metallurgy unit at its Vijayanagar Works Steel Plant 4 in Toranagallu, Karnataka, strengthening its steelmaking capabilities and throughput at one of its key integrated sites. The facility has been installed at JSW Vijayanagar Metallics Ltd. (JVML), a subsidiary of the company, and is […]
December 12, 2025
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 […]