Next Generation Manufacturers, a subsidiary of PG Electroplast, has signed a Memorandum of Understanding with the Government of Maharashtra to set up an integrated manufacturing facility in Kamargaon, Ahilyanagar, Maharashtra. The project involves an investment of INR 10 billion and is expected to create over 5,000 direct and indirect jobs. The facility will produce air […]
Bhagwati Products, the electronics manufacturing services arm of Micromax, is establishing two new factories in Greater Noida as part of its expansion strategy with Chinese partner Huaqin. The facilities will assemble smartphones, tablets, servers, and IoT devices, while also manufacturing components such as displays and mechanics, marking a shift into component-level production. One of the […]
Vignesh Polymers has commenced construction of its new Air Conditioning Division with the ground-breaking of its 10th factory unit at SIPCOT Industrial Park, Sriperumbudur Taluk, Tamil Nadu. The facility is planned as a fully integrated air-conditioning manufacturing unit designed to handle end-to-end production processes. The plant will include sheet metal fabrication, heat exchanger and copper […]
ABB India Limited has received an order from Siemens Gamesa Renewable Power Private Limited, Chennai, for the supply of 3.X wind turbine converters and electrical cabinets. The order, valued at INR 1.7 billion, was finalised on 28 August 2025. The equipment will be manufactured and supplied from ABB India’s Nelamangala facility on a built-to-print basis. […]
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 […]
Green Mobility has inaugurated a new manufacturing facility in Sriperumbudur, Tamil Nadu, to support Daimler India Commercial Vehicles. The company stated that the facility is intended to strengthen its role in the commercial vehicle industry. The inauguration was attended by Michael Moebius, President & Chief Procurement and Supply Chain Officer at Daimler Truck; Anand Mimani, […]
India and Japan announced a series of agreements and initiatives during the India-Japan Economic Forum held in Tokyo on 29 August 2025. The meeting was attended by Prime Minister Narendra Modi and Prime Minister Shigeru Ishiba, along with industry leaders and members of the India-Japan Business Leaders’ Forum. A joint vision for the next decade […]
Lion Corporation, a Japan-based manufacturer of consumer goods, plans to establish a wholly owned subsidiary in India with an investment of INR 400 million (approximately JPY 680 million). The subsidiary, to be named Lion India Private Limited, will be based in Gurugram, Haryana, and is scheduled for establishment in January 2026, with operations expected to […]
Quest Flow Controls has received an order valued at INR 235.5 million from Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the supply of valves and spares for a naval project. With this contract, the company’s total order book has crossed INR 1 billion. The execution timeline for the complete order book is between 12 […]
Samvardhana Motherson International Limited announced that its board has approved the acquisition of an 81 percent stake in Japan-based Yutaka Giken Co., Ltd. (YGCL) through its wholly owned subsidiary Motherson Global Investments B.V. The company will also acquire an 11 percent stake in YGCL’s subsidiary Shinnichi Kogyo Co., Ltd. from Honda Motor Co., Ltd., and […]
