Posts by Wesley Joseph

Gravton Motors signs MoU with Government of Telangana for EV and AGV manufacturing facilities

Gravton Motors Pvt Ltd, an electric mobility manufacturer, has signed a Memorandum of Understanding (MoU) with the Government of Telangana at the Telangana Rising Global Summit 2025 in Hyderabad. The agreement outlines plans to establish facilities for electric vehicle (EV) powertrain production, EV two-wheeler manufacturing and autonomous ground-vehicle (AGV) development. “We are proud to join […]

Rama Steel Tubes to Acquire UAE-based Automech Group in AED 296 Million Deal

Rama Steel Tubes Limited, a manufacturer of ERW steel pipes and tubes, has announced plans to acquire Automech Group, a UAE-based engineering and high-precision manufacturing company, for a total consideration of AED 296 million. The acquisition is intended to accelerate the company’s entry into fabrication and specialised engineering segments, expanding its presence across Gulf Cooperation […]

STC-Engineering Expands Production Footprint with New Mixing Technology Facility in India

STC-Engineering has opened a new manufacturing facility in India to support the production of its mixing technology systems for international markets. The expansion broadens the company’s global production network and is aimed at improving product availability and delivery timelines. The new unit is located at Sompura, Nelamangala, near Bengaluru. The India facility will manufacture components […]

Sagar Defence Engineering inaugurates Pune plant to produce uncrewed surface vehicles with Liquid Robotics

Sagar Defence Engineering, a defence technology firm, inaugurated a new manufacturing plant in Pune on 5 December dedicated to the production of uncrewed surface vehicles (USVs) in partnership with Liquid Robotics, a Boeing company. The facility will support the co-development and co-production of maritime systems intended to strengthen India’s undersea domain awareness. Liquid Robotics’ chief […]

Eberspächer Group Opens Off-Highway Vehicle Thermal Management Systems Facility in Greater Noida

Eberspächer Group has inaugurated a new production site in Greater Noida, Uttar Pradesh, for its Climate Control Systems & Solutions Business Unit. The facility will manufacture thermal management systems for off-highway vehicles serving construction and agricultural machinery markets in India. The development expands the company’s localised manufacturing footprint and supports its strategy to strengthen regional […]

Motherson and Adani Ports to develop RoRo terminal at Dighi Port

Samvardhana Motherson International Limited announced on 5 December 2025 that it has entered into an agreement, through its joint venture Samvardhana Motherson Hamakyorex Engineered Logistics Limited (SAMRX), to establish a dedicated roll-on/roll-off (RoRo) terminal at Dighi Port in Maharashtra. The development aims to support finished vehicle logistics for export and import operations. According to a […]

Innomet Advanced Materials to Pursue INR 1 Billion Revenue Run Rate After H1 FY26 Gains

Innomet Advanced Materials Limited, a manufacturer of specialty metal powders and tungsten heavy alloys, reported stronger first-half results and outlined plans to scale revenue to an annual run rate of INR 1 billion within about 12–14 months. The company said its strategy will emphasise higher-value powders, exports and expanded tungsten heavy-alloy sales. The company is […]

Tata AutoComp Systems completes takeover of IAC Sweden, integrates business as Artifex Systems AB

Tata AutoComp Systems Limited has completed the acquisition of International Automotive Components Group Sweden AB’s operations, expanding its presence across Europe. The acquired business, which reports an annual turnover of about USD 800 million, has been rebranded as Artifex Systems AB. The transaction aims to strengthen Tata AutoComp’s engagement with European passenger and commercial vehicle […]