July 24, 2025
Kavveri Defence & Wireless Technologies Limited has announced that its North American subsidiary, Til-Tek, has been approved as a vendor by a US-based multinational company that provides industrial and infrastructure solutions across the United States, Europe, and the Asia-Pacific region. This vendor approval represents a potential revenue opportunity of approximately USD 2 million (INR 173 […]
July 24, 2025
Timken India Limited, a manufacturer of industrial motion products, reported that it invested approximately 12 percent of its annual revenue during FY 2024–25 to expand production capacity, implement automation, and support digital transformation initiatives. The company’s investment strategy emphasized infrastructure upgrades and technology absorption, supported by a strong balance sheet and steady cash flows. According to […]
July 24, 2025
Unique Group, an integrated subsea and offshore solutions provider, has developed and delivered a DNV-compliant Human Support and Safety System (HSSS) for MATSYA 6000, India’s first manned submersible rated for a depth of 6,000 metres. Commissioned by the National Institute of Ocean Technology (NIOT) under the Ministry of Earth Sciences, the system is designed to support […]
July 23, 2025
Exide Industries Limited, a manufacturer of storage batteries, has invested INR 1 billion in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue. With this infusion, Exide’s total investment in EESL now stands at INR 37.02 billion. The transaction does not affect Exide’s 100 percent ownership of the subsidiary. EESL, incorporated in […]
July 22, 2025
HPS India, a manufacturer of hydraulic systems, inaugurated a new manufacturing facility in Pune, Maharashtra, on July 13, 2025, as part of its expansion in the hydraulics and lifting technology sector. The development signals the company’s move into full-fledged manufacturing operations in India. The inauguration was attended by senior executives from the parent group, including Gregory […]
July 22, 2025
Techlong Machinery India Pvt. Ltd., a manufacturer of PET bottle packaging machinery, has commenced operations at a new manufacturing facility in Bhayla, near Ahmedabad, Gujarat. The facility is part of the company’s efforts to enhance its presence in the packaging and containers manufacturing sector. The factory includes an open plant area for machinery assembly, a […]
July 22, 2025
RENK Group AG, a supplier of drive solutions for military and civil applications, has inaugurated a new production facility in Shoolagiri, Tamil Nadu, as part of its strategy to expand local manufacturing capabilities for the defence and industrial sectors. The facility is intended to serve domestic projects and support global demand through exports, aligning with […]
July 21, 2025
The Association of Indian Forging Industry (AIFI) has signed a Memorandum of Understanding (MoU) with the Bureau of Energy Efficiency (BEE), under the Ministry of Power, to support the adoption of energy-efficient technologies in facilities across the forging sector. The initiative falls under the ADEETIE (Assistance for Deployment of Energy Efficient Technologies in Industrial Establishments) […]
July 21, 2025
Sumitomo Corporation, a Japan-based trading and investment company, has signed a memorandum of understanding (MoU) with the Osaka Prefectural Government, the Osaka Business Development Agency, and Mahindra Industrial Park Chennai Ltd. (MIPC) to assist Osaka-based companies looking to establish operations in India. The partnership aims to provide consultation services, facilitate site visits in Tamil Nadu, and […]
July 21, 2025
ATI Motors, a developer of autonomous mobile robots (AMRs) for industrial automation, unveiled its expanded portfolio at a recent Product Day event, alongside growth updates and global expansion plans. The company showcased seven robotic product variants and announced its entry into new international markets, including Mexico, while aiming to scale operations significantly in the coming […]
