Gallantt Ispat Limited has announced plans to expand the production capacity of its integrated steel plant in Gorakhpur, Uttar Pradesh, with a targeted completion date of March 2026. The company will invest INR 10.15 billion in capital expenditure for the project, including the installation of a new captive solar power plant. The investment will be […]
Greaves Cotton Limited has announced the appointment of Parag Satpute as its new Managing Director and Group Chief Executive Officer. The company stated that Satpute will be responsible for overseeing operations and strategy across its business units, including Greaves Engineering, Greaves Retail, Greaves Technologies, and Excel Controlinkage Private Limited. Satpute brings nearly three decades of […]
Sangir Plastics inaugurated a new manufacturing facility in Malav, Gujarat, on 5 April 2025, as part of its expansion in the industrial sector. The event was attended by Kanubhai Mohanlal Desai, Cabinet Minister in the Gujarat government, and Ramanbhai Patkar, Member of Legislative Assembly from the Umargam constituency. The company, established in 1982, specializes in […]
Aqua Forge Robotics Pvt Ltd has established a new branch office in Chennai, which will function as its dedicated research and development centre for underwater drone and robotics technology. The facility will focus on innovation, design, and manufacturing for marine and industrial applications. According to the company, the expansion aims to enhance its R&D capabilities […]
Festo India has opened a new facility in Pune focused on automation and motion technologies. The Festo Motion Lab is intended to support technical learning and development in industrial automation. The lab will be used as a space for training and skill development in motion-related technologies. The company stated that the facility is designed to […]
Hitachi has announced a senior leadership transition in India, with Bharat Kaushal appointed as Executive Chairman and acting Managing Director of Hitachi India, effective April 1, 2025. He will also continue serving as a Corporate Officer of Hitachi, Ltd., with responsibility for regional strategies in India. The development was shared through a company press release. […]
Timken India Limited has inaugurated an expanded manufacturing facility for roller bearings in Bharuch, Gujarat. The facility, which represents a capital investment of INR 6 billion, will begin commercial production in the first quarter of the 2025–26 financial year. The expansion is located adjacent to Timken’s existing plant in Bharuch and will cater to growing […]
Bansal Wire Industries has inaugurated a new steel wire manufacturing facility in Dadri with a current production capacity of 360,000 metric tons per annum (MTPA). The company plans to increase this capacity to 420,000 MTPA by the first half of the 2025–26 financial year. According to the company, the total infrastructure across all Bansal Wire […]
Ratnamani Metals & Tubes Limited (RMTL) has entered into a joint venture agreement with Saudi Electric Supply Company Limited (SESCO), a Tamimi Group company, to establish a manufacturing unit for seamless tubing products in Saudi Arabia. RMTL will hold a 75% stake in the joint venture company, while SESCO will hold the remaining 25%, according […]
CLOOS India has inaugurated a new training facility in Chinchwad, Pune, significantly expanding its operational footprint. The facility, opened on April 10, 2025, is nearly six times larger than its previous location, according to the company. The new centre includes three robotic welding stations equipped with the latest CLOOS technology, a collaborative robot (COBOT) welding […]
