Industry

Kirloskar Oil Engines Expands High-Horsepower Portfolio as Demand Strengthens Across Core Segments

Kirloskar Oil Engines Limited, a manufacturer of engines and power generation equipment, reported broad-based demand across its domestic and international markets in the second quarter of FY26, led by continued expansion of its high-horsepower product range and strong traction in industrial applications. The company said its high-horsepower (HHP) genset portfolio has expanded meaningfully, with recent […]

Nidec Begins Production at Orchard Hub Campus in Hubli, Karnataka

Nidec Corporation has commenced production at its Orchard Hub manufacturing campus in the Kotur-Belur Industrial Area in Hubli-Dharwad, Karnataka. The facility was inaugurated on 14 November 2025 and represents a major expansion of the company’s manufacturing operations in India. The Orchard Hub spans 50 acres and comprises six manufacturing plants and an experience centre. Construction […]

PTC Expanding Mehsana Casting Facility to Increase Precision Cast Component Capacity

PTC Industries Limited, a manufacturer of high-precision castings and advanced materials for critical sectors, has commenced a large expansion of its production facility in Mehsana, Gujarat. The project will add more than 50,000 square feet of shop floor area on the plant’s 17-acre campus and is intended to increase machining and casting capacity over the […]

Hyundai Welding inaugurates new welding consumables facility in Chennai

Hyundai Welding Co. Ltd. has inaugurated its new manufacturing facility operated by its Indian subsidiary, Chennstar Private Limited, in Chennai, Tamil Nadu. The plant, located at Origins Mahindra Industrial Park in Ponneri, marks the company’s first production unit in India and expands its presence in one of the country’s key industrial regions. The Chennai unit […]

Lauda inaugurates new subsidiary Degree Lauda Precision in Pune

Lauda, a manufacturer of precision temperature-control equipment and systems for laboratory and industrial applications, inaugurated its new sales subsidiary Degree Lauda Precision Pvt. Ltd. in Pune on 11 November 2025, expanding its commercial presence across India, Bangladesh, and Sri Lanka. The subsidiary is intended to provide direct local support, faster response times, and enhanced technical […]

JOOL Group to Set Up Furniture Manufacturing Unit in Ramayapatnam, A.P.

JOOL Group, a Sweden-based furniture manufacturer, plans to establish a furniture manufacturing unit at Ramayapatnam in Andhra Pradesh with a proposed investment of INR 3 billion. The project is expected to support the development of a dedicated furniture cluster near the Ramayapatnam Port and strengthen the state’s position in furniture production and allied industries. According […]

Standex Engraving Opens New Facility in Pune with Monthly Capacity of up to 400 Molds

Standex Engraving Mold-Tech Limited has opened a new manufacturing facility in Chakan, Pune, expanding its production capability and strengthening its presence in a key manufacturing region. The facility is intended to support growing demand for engraved molds across automotive, consumer goods, and industrial applications. The new unit is designed to produce between 300 and 400 […]

Greaves Cotton completes new component facilities, ramps up capacity under 50-million-rupee capex programme

Greaves Cotton Limited has completed a series of manufacturing projects under an investment programme of about 50 million rupees over the past 18 months, reinforcing its production capabilities across the engine, industrial and component businesses. The company has commissioned new facilities at its subsidiary Excel Controlinkage, including a manufacturing and testing plant for mechatronic and […]

Aequs Raises INR 1.44 Billion in Pre-IPO Round from Institutional Investors

Aequs Limited, a precision components and contract manufacturing company serving the aerospace and consumer goods sectors, has raised approximately INR 1.44 billion through a pre-initial public offering (IPO) placement. The company allotted 11,615,713 equity shares to four institutional investors at INR 123.97 per share, representing 1.88 percent of its pre-IPO offer share capital. Following the […]