John Cockerill India Limited, a provider of industrial solutions, has received a contract valued at around INR 500 million from Godawari Power and Ispat Limited. The order involves the engineering, design, manufacture and supply of a 6HI cold rolling mill for installation at Godawari’s facility in Tilda, Chhattisgarh. The agreement also includes supervision of erection […]
Vardhman Special Steels Limited (VSSL) plans to set up a greenfield special and alloy steel plant in Ludhiana district, Punjab, with an investment of INR 25 billion. The facility will be established in a joint venture with Japan’s Aichi Steel Corporation (ASC). The plant will have an installed capacity of 500,000 tonnes per annum. Production […]
Lloyds Metals and Energy Limited (LMEL) has commissioned a 360,000 tonnes per annum (360 KTPA) sponge iron plant at Ghugus, Maharashtra. The facility, executed on a turnkey basis by Lloyds Engineering Works Limited, received environmental clearance in February 2024, and the first of its two kilns has been fired. Operations are being ramped up in […]
Aerolloy Technologies Limited, a wholly owned subsidiary of PTC Industries Limited, has commissioned a new Vacuum Induction Melting (VIM) furnace and advanced manufacturing facilities for superalloys in Lucknow, Uttar Pradesh. The development expands the company’s production capability to include superalloy ingots, cast sticks, and investment castings for use in aerospace, defence, space propulsion, and industrial […]
Mukand Sumi Special Steel Limited (MSSSL) has announced plans to establish a greenfield integrated steelmaking facility at Kanakapura, Koppal, Karnataka, with an investment of Rs 23.45 billion. The project is expected to increase the company’s production capacity to 700,000 tonnes per annum once operational. The new facility is scheduled to begin operations by early 2028. […]
National Aluminium Company (Nalco) plans to invest INR 30,000 crore over the next five years in a new aluminium smelter and an associated coal-based power plant, Chairman and Managing Director Brijendra Pratap Singh said on 28 August. The project is aimed at expanding production capacity and strengthening raw material security. According to Singh, about INR […]
Permanent Magnets Limited has announced that its wholly owned subsidiary, Quantum Magnetics Private Limited (QMPL), has entered into a joint venture agreement with Singapore-based Lorentic Pte. Ltd. The agreement was approved by the board of Permanent Magnets Limited on 28 August 2025. The venture will focus on manufacturing, marketing and distributing neodymium magnets and related […]
BMW Industries Limited has announced plans to set up a greenfield downstream steel processing complex in Bokaro, Jharkhand, with a capital investment of INR 8.03 billion. The facility is being developed under the Government of India’s Production Linked Incentive (PLI) Scheme 1.1 and is expected to enhance the annual capacity of coated steel across four […]
Hindalco Industries has invested INR 180 billion in India during FY25, its highest annual capital expenditure in nearly a decade, and reiterated a USD 10 billion investment plan over the next five years across operations in India and through its subsidiary Novelis. Chairman Kumar Mangalam Birla said the strategy is to strengthen both upstream and […]
PTC Industries Limited, a manufacturer of superalloy products, has received an order exceeding INR 1 billion from BrahMos Aerospace Private Limited for the supply of titanium components. The order, announced in August 2025, builds on the partnership between the two companies that began in 2019. The components will include specialised titanium castings and raw materials […]
