Carraro Group, a manufacturer of transmission systems, has announced plans to invest Euro 350 million in India over the next five to seven years. The company, which has already invested approximately Euro 200 million and employs 1,600 people in the country, aims to nearly double its current investment base. The investment is dedicated to developing […]
Ikjot United, a manufacturer of industrial machinery, has established a large-scale manufacturing facility for CNC heavy-duty machines in India. The company currently has over 72 CNC machines under simultaneous production at various stages, including assembly, trials, and packing. The manufacturing infrastructure spans more than 1.1 million square feet of covered area and employs over 2,650 […]
Frontier Springs Limited, a manufacturer of springs and components has announced plans to invest INR 150 million in plant and machinery over the next year to expand its manufacturing capacities. This decision follows an investment of INR 136.4 million during FY25, which was allocated towards scaling up operations in the Coil Springs and Air Springs […]
Festo, a manufacturer of automation machinery, has launched a new manufacturing plant in Hosur, Tamil Nadu, focused on producing advanced pneumatic automation components. The Germany-based company has invested INR 5 billion in the facility, which spans over 75 acres and is intended to support both domestic and international markets. The new plant is expected to […]
Sansera Engineering Limited, a manufacturer of precision-engineered components, has reported a capital expenditure of INR 5,911 million in FY25, with key investments directed toward the acquisition of land near Bengaluru, the purchase of a facility in Pantnagar, Uttarakhand, and the installation of new plant and equipment, including a forging facility and press at one of its existing […]
Carraro India Limited, a manufacturer of industrial machinery, has announced expansion initiatives at its manufacturing plants in Ranjangaon, Pune, as part of its FY25 investor update. The company currently operates two plants—one for drivelines and another for gears—with a combined production capacity utilization of over 75 percent. The driveline plant, which produced 86,551 axles and […]
Kalyani Forge Limited, a manufacturer of forged and machined components, has announced a strategic capex plan of INR 250 million for FY26, focused on enhancing manufacturing capabilities and operational efficiency. This comes alongside the formal rollout of its ‘Vriddhi Council,’ a set of 13 high-impact initiatives aimed at driving revenue growth and expanding EBITDA. The Vriddhi […]
Nidec Global Appliance, part of the Appliance, Commercial and Industrial Motors (ACIM) business unit, will begin manufacturing Embraco compressors in India at a new facility in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra. The plant represents an investment of over USD 120 million and is scheduled to start operations in the second half of 2026. The facility […]
Vibhor Steel Tubes Ltd (VSTL), a manufacturer, exporter, and supplier of steel pipes and tubes, has inaugurated a new galvanizing iron (GI) manufacturing facility in Balanagar, located in the Mahbubnagar district of Telangana. With this expansion, the company’s installed capacity in the state has doubled from 24,000 metric tonnes per annum (MTPA) to 48,000 MTPA. […]
Ceres Power, a developer of solid oxide fuel cell and electrolyser technologies, has announced the first hydrogen production at its first megawatt-scale solid oxide electrolyser cell (SOEC) demonstrator system located at Shell’s Technology Centre in Bengaluru. The system, developed in partnership with Shell, is designed to produce up to 600 kilograms of hydrogen per day […]
