Semiconductor equipment manufacturer Lam Research has announced plans to invest over Rs 10,000 crore (approximately $1.2 billion) in Karnataka over the next few years. The announcement was made by Sesha Varadarajan, Senior Vice President of the Global Products Group at Lam Research, during the inaugural session of Invest Karnataka 2025. The company, which develops semiconductor […]
Micro Age Instruments Pvt. Ltd., a subsidiary of Kinetic Group, has established a battery manufacturing facility in Ahmednagar, Maharashtra, with an annual production capacity of 60,000 units. The facility has been developed with an investment of Rs. 50 crores. The company has introduced a new battery brand, Range-X, targeting two- and three-wheeler electric vehicles (EVs). […]
Suzuki Motor Corp has announced a revised strategy for its operations in India, aiming to achieve an annual production capacity of 4 million vehicles by FY2030. The company outlined this plan in its mid-term management strategy for FY2025-30, released on February 20. The expansion is expected to serve both domestic and export markets, including Europe […]
JBM Ecolife Mobility Pvt Ltd., a subsidiary of JBM Auto Ltd., has received an order for 1,021 electric buses valued at approximately ₹5,500 crore under the Government of India’s PM e-Bus Sewa Scheme-2 initiative. The buses are slated for deployment across 19 cities in Gujarat, Maharashtra, and Haryana over the next 18 months, with operational […]
Arm, the British semiconductor design firm, is expanding its presence in Bangalore by acquiring a new facility to establish a second office in the city. Arm’s Bangalore office is currently its second-largest globally, employing around 2,000 professionals. Peter Stephens, Arm’s Director of Government Partnerships, announced this during the CII International Conference on Artificial Intelligence in […]
Latecoere India has expanded its production footprint for the Dassault F8X program, initiating the production of Wave 3 transfer on February 17, 2025. This development follows the company’s ongoing collaboration with its Fouchana and Central teams. Latecoere’s presence in India began with the inauguration of a 4,400-square-meter manufacturing plant in Belagavi, Karnataka, in September 2019. […]
Servotech Renewable Power System Ltd. has signed an agreement with France-based Watt & Well SAS to develop and manufacture electric vehicle (EV) charger components in India. The collaboration will focus on designing and producing a 30kW power module for the Indian EV charging market. The companies will also explore the feasibility of a bidirectional power […]
JSW MG Motor India announced modifications at its Halol manufacturing facility to enhance production capacity for the all-electric crossover Windsor and prepare for new vehicle launches under its premium retail channel, MG Select. The company has produced 15,000 units of the Windsor model but expects a temporary slowdown in production during February due to ongoing […]
Unimech Aerospace and Manufacturing Ltd. has expanded its facility at Bengaluru Aerospace SEZ Park, increasing its operational footprint by 60,000 square feet. The expansion, inaugurated on February 18, 2025, represents a 50% increase in space and includes the installation of 24 new machines, with 16 more on order to further enhance production capacity. The company […]
The latest round of bilateral discussions between India and the United States has paved the way for significant advancements in India’s manufacturing sector, particularly in defence, aerospace, semiconductors, and energy. The agreements, announced following a high-level meeting between Indian Prime Minister Narendra Modi and U.S. President Donald Trump, are expected to enhance domestic production capabilities, […]
