Industry

Singareni Collieries to Begin Rare Earth Extraction from Mine Waste as Part of the National Critical Minerals Mission

Singareni Collieries Company Limited (SCCL), a government-owned coal mining company, is set to begin extracting and supplying scandium and strontium from mine waste at its Sathupalli and Ramagundam open-cast coal mines starting August, according to a CNBC-TV18 report. The initiative aligns with a national directive requiring all Indian mines to assess overburden, tailings, and other waste […]

CMTI Inaugurates Certified Reference Materials Facility at 64th Foundation Day Celebration

The Central Manufacturing Technology Institute (CMTI) inaugurated a Certified Reference Materials (CRM) Facility during its 64th Foundation Day celebration. The facility was formally opened by H.D. Kumaraswamy, Union Minister for Heavy Industries and Steel. As part of the event, CMTI outlined its major activities during the financial year 2023–24. Over the year, the institute developed […]

SKF India To Set Up New Plant In Pune, Expand Capacities in Haridwar and Bangalore

SKF India, a manufacturer of bearings, plans to expand manufacturing capacity across both its automotive and industrial segments by 2030. These expansion plans involve the company’s plants in Haridwar, Bangalore and Pune. The Haridwar plant is set for a 50 percent capacity increase, supported by an investment of INR 1,000–1,500 million, targeted for completion by […]

Sotefin Bharat Inaugurates Parking Equipment Manufacturing Unit in West Bengal

Sotefin Bharat, the Indian subsidiary of the Swiss automated parking systems company Sotefin SA, has inaugurated a new manufacturing plant in Bagnan, Howrah district, West Bengal. The facility represents an investment of approximately INR 400 million and is expected to create more than 100 jobs once fully operational. The plant is designed to support the […]

JSW Paints Plans Acquisition of Akzo Nobel India Stake

JSW Paints has signed indicative agreements to acquire up to a 74.76 percent stake in Akzo Nobel India Limited (ANIL) from Akzo Nobel N.V. and its affiliates. The potential transaction is valued at up to INR 89.86 billion, subject to closing adjustments. An additional contingent consideration of up to INR 447 crore may also be […]

Rinac India Limited and Epta Announce Strategic Partnership

Rinac India Limited, a provider of cold chain and temperature-controlled infrastructure solutions, today formally announced a strategic partnership with Epta, a Milan-headquartered provider of commercial refrigeration systems for the retail, hotel, restaurant, catering (Ho.Re.Ca.), and food & beverage sectors. “Our partnership with Rinac enables us to localize advanced European refrigeration systems with unmatched after-sales support,” […]

Liebherr India Launches Locally Made Fully Integrated Refrigeration Units

Liebherr Appliances India, a refrigeration solutions company, has launched a new line of fully integrated refrigerators, freezers, and combination units manufactured at its Sambhajinagar facility in Maharashtra. The units are now available in India as ready stock. India is currently the only country outside Europe where Liebherr manufactures fully integrated refrigeration units. The launch aligns with […]

TI Machine Building Delivers Pilger Mill for Tube Material Processing at NFC

TI Machine Building (TIMB), a unit of Tube Investments of India Limited (TII), has commissioned a pilger mill at the Nuclear Fuel Complex (NFC) in Hyderabad. The high-speed mill, with a capacity of up to 180 working strokes per minute, is designed to process tube materials such as zirconium, stainless steel, and titanium. Manufactured domestically, […]

Winoa-2Effe to Expand Machine Capacity at Pune Shot Peening Center

Winoa-2Effe, the joint venture between Winoa and 2-Effe Engineering, has completed one year of operations at its shot peening center in Pune, India. Since its inauguration in June 2024, the facility has expanded its technical capabilities and team while focusing on strengthening its machine base and quality systems. Looking ahead, Winoa-2Effe is prioritizing two initiatives: […]

Fabheads Automation Secures USD 10 Million for Composite Manufacturing Expansion

Fabheads Automation, a manufacturer of composite components, has raised USD 10 million through a mix of equity and venture debt to scale its automated composite manufacturing operations. The funding round was led by Accel, with INR 200 million (approximately USD 2.3 million) in venture debt provided by Trifecta Capital. This brings the Chennai-based company’s total […]