Industry

Hafele Plans Increased India Sourcing and New Manufacturing Investments

Hafele, a German interior solutions company, plans to increase its sourcing from India to 50% in the medium term, up from the current level of under 10%. This shift is part of a broader strategy to expand local operations, including the establishment of a manufacturing unit and a supplier park, according to Frank Schloeder, Managing […]

Raj Cooling Systems Opens ₹75 Crore Manufacturing Plant in Gujarat

Raj Cooling Systems Pvt. Ltd. has inaugurated a new manufacturing plant in Naika, Kheda, Gujarat. The facility spans 6 lakh square feet and is equipped with modern machinery and technology to increase production capacity and operational efficiency. The new plant has a daily production capacity of 5,000 air cooling units, which is over five times […]

MOLYKOTE India Establishes Application Development Center in Hyderabad

MOLYKOTE® India has announced the establishment of an Application Development Center within the newly opened DuPont Hyderabad Lab (DHL) in India. The facility aims to support customers across South Asia by providing resources for application development, quality management, and product development. The center is equipped with over 26 tribometers capable of conducting a wide range […]

Trelleborg Plans New Manufacturing Facility in India

Trelleborg Group, a multi-national engineering company, has announced plans to establish a new manufacturing facility in India, focused on marine systems and infrastructure. The project represents an investment of SEK 75 million, with construction set to commence in 2025 and production expected to begin by late 2026. The facility will be located near Ahmedabad, where […]

Daikin India and Rechi Precision Form Joint Venture for Compressor Production

Daikin Airconditioning India Pvt. Ltd., a subsidiary of Daikin Industries, Ltd., and Taiwan-based Rechi Precision Co., Ltd. have announced plans to establish a joint venture in India focused on manufacturing, designing, and selling compressors for the heating, ventilation, and air conditioning (HVAC) sector. Operations for the joint venture, named Daikin-Rechi India Pvt. Ltd., are projected […]

Capital Goods Sector Scheme for the Heavy Industries Sector Enters Phase II with ₹1.2K Crore Outlay

The Ministry of Heavy Industries has launched the second phase of its “Enhancement of Competitiveness in the Indian Capital Goods Sector” scheme, with a financial outlay of ₹1,207 crore. The scheme includes ₹975 crore in budgetary support from the government and ₹232 crore in contributions from the industry. Key objectives of the initiative include fostering […]

Caterpillar Expands Digital Operations with New Bangalore Office

Caterpillar Inc. has opened a new office in the Whitefield suburb of Bangalore (Bengaluru), Karnataka, to enhance its digital capabilities. The office will primarily support Cat Digital, its technology division focused on leveraging data and digital infrastructure to optimize heavy machinery performance. The new facility includes collaborative workspaces, an Employee Experience Centre, and a lab […]

Flint Group Opens New Manufacturing Facility in India

Flint Group, a global supplier to the printing and packaging industry, has announced the opening of a new manufacturing facility in Savli, Vadodara, Gujarat, to enhance its production of water-based and energy-curable inks for the Paper & Board and Narrow Web industries. The facility spans 9,000 square meters and is part of the company’s efforts […]

Hitachi Automation India Opens New Plant in Pune to Expand Operations

Hitachi Automation India Private Limited (HAIPL) has inaugurated a new manufacturing facility in the Chakan Industrial Area, Pune, Maharashtra. This marks the company’s second operational plant in India, complementing its existing facility in Manesar, Haryana. The new facility is part of HAIPL’s efforts to expand its business in India and address growing demand in the […]

Eros Group Begins Construction of New Manufacturing Facility Near Pune

Eros Group has commenced the construction of a new manufacturing facility near Pune, marking a significant step in its operational expansion. The company, with a 77-year history in the industry, held the groundbreaking ceremony on December 4, 2024. The facility will integrate advanced technology to enhance precision and efficiency. It will include a research and […]