Industry

SKF India completes key phase of bearing localisation strategy; to invest up to INR 9.5 billion by 2030

SKF India (Industrial) Limited, a provider of bearing solutions and rotating equipment services, has completed a significant phase of its localisation strategy, commissioning new manufacturing channels across India and Southeast Asia to enhance regional supply capability and reduce import dependence. The company has established advanced production lines for medium deep-groove ball bearings (DGBBs) above 150 […]

NRB Bearings commences INR 2 billion expansion to boost manufacturing capacity and diversify into new sectors

NRB Bearings Limited has commenced an INR 2 billion expansion programme to modernise its manufacturing ecosystem and increase capacity in line with its goal of achieving revenue of over INR 25 billion by 2031. The investment will enhance automation, R&D, and product range across plants in India and Thailand while supporting diversification into industrial, aerospace, […]

Motherson Sumi Wiring ramps up utilisation at new plants; Greenfield units contribute INR 1.9 billion revenue in Q2

Motherson Sumi Wiring India Limited (MSWIL), a manufacturer of wiring harnesses and electrical distribution systems for automotive applications, reported improved utilisation across its new Greenfield facilities during the second quarter of FY2026, supported by rising customer volumes and demand from new vehicle model launches. MSWIL recorded its highest-ever quarterly revenue of INR 27.62 billion, with […]

Ratnamani Metals & Tubes expands capacity with new facilities in Odisha, Kutch and Saudi Arabia

Ratnamani Metals & Tubes Limited, a manufacturer of stainless steel and carbon steel pipes and tubes, is undertaking multiple capacity expansion projects across its Indian and overseas operations to support growing demand in infrastructure, energy and industrial sectors. The company is also progressing with new facilities in Odisha, Kutch, Rajkot and Saudi Arabia as part […]

Shakti Pumps executing INR 17 billion expansion to double Pump, Motor, Inverter and Solar Structure capacities

Shakti Pumps (India) Limited, a manufacturer of solar and submersible pumping systems, is in the process of expanding its manufacturing capacities across pumps, motors, inverters, and solar structures under a capital expenditure programme of INR 17 billion. The capex plan also includes setting up a 2.2 gigawatt solar domestic content requirement (DCR) cell and photovoltaic […]

Assa Abloy opens new industrial doors manufacturing facility in Greater Noida

Assa Abloy Group has inaugurated a new manufacturing facility for its Entrance Systems division in Greater Noida, India, marking a significant expansion of its production footprint in the country. The new plant will produce industrial and high-performance doors, along with docking equipment, to serve the domestic and regional markets. The facility is part of the […]

Azad Engineering ramps up Hyderabad manufacturing capacity, targets 30 percent annual growth

Azad Engineering Limited has expanded its manufacturing base in Hyderabad with the inauguration of three new lean facilities dedicated to Siemens Energy, Mitsubishi Heavy Industries (MHI) and GE Steam Power. The plants, part of a wider capacity enhancement programme, are designed to produce complex rotating and stationary airfoils and other precision components for advanced turbine […]

Hitachi Industrial Equipment Systems Opens Air Compressor Manufacturing Facility in Gujarat

Hitachi Industrial Equipment Systems Co. Ltd. (HIES), part of Hitachi’s Connective Industries Sector, has inaugurated a new manufacturing and sales facility in Gandhinagar, Gujarat, marking its first full-scale business operation in India. The opening ceremony was held on 3 November 2025, with the company now commencing local production of stationary oil-flooded screw air compressors for […]