Industry

Ramkrishna Forgings commissions aluminium forging facility with 3,000 TPA capacity in Jharkhand

Ramkrishna Forgings Limited has commenced commercial production at its aluminium forging facility at Plant V in Baliguma village, Saraikela-Kharsawan district of Kolabira, Jharkhand, with effect from 20 January 2026. The new unit has an installed production capacity of 3,000 tonnes per annum and represents the company’s entry into aluminium forging. Ramkrishna Forgings stated that the […]

Rabwin Industries accelerates FY26 revenue after restructuring, adds iPhone fixtures capabilities

Rabwin Industries Limited has recorded its highest revenue run rate in FY26 following a restructuring that expanded its group structure and manufacturing focus, with the FY26 topline indicated at INR 4.6–5.0 billion, implying year-on-year growth of about 63–77 percent from FY25 revenue of INR 2.82 billion. The Coimbatore-based precision engineering company generated about INR 2.29 […]

Danfoss PowerNEU joint venture breaks ground on manufacturing facility in Jamshedpur

Danfoss India today announced the launch of Danfoss PowerNEU Private Limited, a joint venture with engineering firm PowerNEU, alongside a groundbreaking ceremony for a new manufacturing facility and office in Jamshedpur, Jharkhand. The venture is intended to support India’s metals and heavy industries through a locally embedded execution and solutions model. Danfoss India said the […]

NBC Bearings enters drone technology segment with stake acquisition in Ahamani India

NBC Bearings announced its entry into the advanced drone technology segment through the acquisition of a minority stake in Ahamani EV Technology India Private Limited, expanding its presence beyond traditional motion solutions into emerging aerial technology applications. The company has acquired a 30 percent equity stake in Ahamani India for an undisclosed amount, marking a […]

Copeland completes first phase of INR 5 billion expansion at Atit facility to localise scroll compressor manufacturing

Copeland has completed the first phase of its INR 5 billion investment at its Atit manufacturing facility near Pune in Maharashtra, India, expanding its domestic production capabilities for scroll hermetic compressors. The expansion marks the start of local manufacturing of scroll compressors at the site and is intended to strengthen supply chain localisation and manufacturing […]

Monolithisch India to raise refractory materials capacity to 250,000 tonnes per annum

Monolithisch India Limited plans to increase its installed manufacturing capacity for unshaped refractory materials to 250,000 tonnes per annum as part of its ongoing phased expansion programme. Trial runs for the enhanced capacity are scheduled to begin on 14 January 2026, with commercial operations expected to commence from 21 January 2026. The expansion will raise […]

Teknion opens manufacturing facility in Bengaluru to support regional and export demand

Teknion, a global manufacturer of office furniture and workplace solutions, has opened a new manufacturing facility in Bengaluru, Karnataka, expanding its production footprint in India as part of its broader growth strategy. The facility is operational and is intended to support rising demand across regional and international markets while improving responsiveness to customers. The Bengaluru […]

Schaeffler appoints Maximilian Fiedler as Regional Chief Executive Officer Asia Pacific

Schaeffler AG has appointed Maximilian Fiedler as Regional Chief Executive Officer Asia/Pacific, effective 1 January 2026. He will also join the Executive Board of the Schaeffler Group, representing the Asia/Pacific region. The appointment formalises a leadership transition that has been underway since mid-2025 and is intended to ensure continuity in the company’s regional management. Fiedler […]