Jindal (India) Ltd has announced an investment of INR 1 billion to enter the steel section pipes and tubes segment. The company plans to establish a monthly production capacity of 5,000 metric tonnes at its manufacturing facility in West Bengal. The projected output is expected to generate sales revenue of INR 3.15 billion in the […]
Sojitz Corporation has invested in IOC GPS Renewables Pvt. Ltd. (IGRPL), a special purpose company formed by GPS Renewables Private Limited and Indian Oil Corporation Ltd. The investment marks Sojitz’s entry into the biomethane production and sales business in India. IGRPL plans to develop 30 biomethane plants by FY2026–FY2027 with a targeted annual production capacity […]
Adani Enterprises Ltd (AEL) reported a 26% year-on-year increase in consolidated EBITDA to INR 167.22 billion for the financial year ended March 31, 2025. Consolidated profit before tax rose 16% to INR 65.33 billion. Total revenue for the year grew by 2% to INR 1.00365 trillion. The company also recognized an exceptional pre-tax gain of […]
Watlow Electric Manufacturing Company has opened a new facility in Bengaluru, India, to advance its thermal solutions offerings. The office, which opened on April 3, 2025, is positioned in Rathi Legacy-Rohan Tech Park and aims to enhance the company’s capabilities in product development, customer support, and market research. This expansion complements Watlow’s existing presence in […]
The Indian Institute of Technology Madras (IIT Madras) incubated 104 startups during the 2024–25 financial year, marking the highest number of startups incubated by the institute in a single year. Over 50 percent of these ventures were founded by faculty, students, researchers, staff, or alumni of IIT Madras, while the remainder were started by external […]
Azad Engineering has inaugurated a new 7,600-square-metre lean manufacturing facility at its Centre of Excellence & Innovation Center in Tunikibollaram, Hyderabad. The facility has been established to support capacity commitments for GE Vernova’s Steam Power Services business unit. According to the company, the facility currently employs over 180 direct skilled professionals. Additional hiring is underway, […]
Pitti Engineering Limited, a precision engineering company, reported consolidated revenue of INR 17.4336 billion for the financial year ending March 2025, reflecting a year-on-year growth of 34.87%. Consolidated EBITDA rose by 49.77% to INR 2.7112 billion, while profit after tax (PAT) increased by 36.32% to INR 1.2228 billion. Lamination sales volumes for the year stood […]
R. STAHL, supplier of electrical and electronic products and systems for explosion protection, has initiated construction of a new manufacturing facility at the HI TECH Special Economic Zone (SEZ) in Sriperumbudur, Tamil Nadu, near Chennai. The facility is part of the company’s broader strategy to scale up operations in India and expand its manufacturing capabilities […]
Fornnax Technology is establishing a new manufacturing unit on a 23-acre site in Gujarat, India. The facility is expected to produce approximately 250 machinery units per year by 2030, focusing on high-capacity and heavy-duty recycling equipment such as shredders and granulators. The foundation stone for the plant was laid in February by Jignesh Kundaria, CEO […]
SH Engitech has officially moved to a new headquarters and expanded its manufacturing facility in Vapi, Gujarat. The new facility, covering more than 250,000 square feet, will enhance the company’s production capacity and operational efficiency. The expansion includes a variety of specialized spaces aimed at increasing manufacturing and assembly capabilities. The new facility is situated […]
