Copeland has inaugurated a new Engineering and Technology Center in Pune, Maharashtra, as part of its INR 5 billion investment plan in India. The facility, covering 15,000 square meters, will house over 320 engineers focusing on research and development, software, and firmware development. The center is intended to support Copeland’s innovation efforts in energy-efficient cooling […]
Hitachi Energy India has successfully raised INR 20 billion through a Qualified Institutional Placement (QIP), which was subscribed twice over. The offering, reportedly the largest of its kind this calendar year, was priced at an indicative INR 11,507 per share, with an option to increase the issue size to INR 30 billion. The funds will […]
GMMCO India, a CK Birla company, has inaugurated two service and supply hubs in Butibori and Hingna, Nagpur. The facilities, covering a combined 14 acres, will provide machine rebuild, component repair, and parts distribution services across Maharashtra, Madhya Pradesh, Chhattisgarh, Gujarat, and Goa. The Butibori facility spans 10 acres and includes a 140,000 sq. ft. […]
Atlas Copco Group has inaugurated a manufacturing facility in Talegaon, Pune, spanning approximately 270,000 sq. ft. The plant is designed to produce air and gas compressors, including compressed natural gas (CNG), biogas, and hydrogen compressors, as well as air dryers, nitrogen and oxygen generators, and medical filters. The facility incorporates Industry 4.0 technologies and sustainability […]
PGP Glass Private Limited has begun operations at its new furnace in Kosamba, Gujarat, following its commissioning on January 23, 2025. The furnace was constructed with the involvement of glass melting technology specialist HORN, its subsidiary HORN India, and India’s Super Furnace Works. The facility is designed to produce cosmetic container glass products in flint […]
Thermax and Schaeffler India have signed a memorandum of understanding (MoU) to integrate their digital platforms for industrial energy and reliability management. The partnership will combine Schaeffler’s OPTIME®, a condition-based monitoring system, with Thermax’s EDGE Live®, an industrial process optimization platform. OPTIME® includes vibration sensors and lubrication systems designed for predictive maintenance, while EDGE Live® […]
ARGO-HYTOS has inaugurated a new manufacturing facility in Coimbatore, India, expanding its operations with an additional 3,250 m² of space. The facility includes a new warehouse and logistics area, along with a cleanroom for assembling hydraulic systems and components. The company stated that this expansion is part of its long-term strategy to enhance operational efficiency […]
Japanese multinational Nitta Corporation plans to relocate and expand its industrial components manufacturing facility in Pune, India. The factory will be moved within the Haveli Taluki region of Pune, Maharashtra, with completion expected by January 2026. The company has allocated INR 835 million (EUR 9 million) for the project. The new facility will increase production […]
Azad Engineering has inaugurated an exclusive lean manufacturing facility for Mitsubishi Heavy Industries (MHI) at Tunikibollaram, Hyderabad. The 7,200-square-meter facility was opened in the presence of Masahito Kataoka, Senior Vice President, GTCC Business Division, Energy System, MHI; Jayesh Ranjan, Special Chief Secretary, Industries & Commerce and IT, Government of Telangana; and Rakesh Chopdar, Chairman and […]
SKP Bearing Industries Limited has commenced commercial production at its newly established steel ball manufacturing facility, Plant III, located in Surendranagar, Gujarat, India. The company disclosed this development in a regulatory filing. The new facility, situated at Survey No. 493/1, Zammar Lakhtar Road, Lakhtar, is equipped with advanced manufacturing technology aimed at increasing production capacity. […]
