Setco Auto Systems Pvt. Ltd., a subsidiary of Setco Automotive Ltd., has signed a memorandum of understanding (MoU) with Visvesvaraya National Institute of Technology (VNIT), Nagpur, to collaborate on research in automotive technology. The partnership will focus on developing next-generation automotive systems and aims to strengthen cooperation between academia and industry. As part of the […]
Endurance Technologies Limited, a manufacturer of automotive components, is set to expand production capacity for anti-lock braking systems (ABS), disc brake systems, and brake discs at its plant in Waluj, Chhatrapati Sambhajinagar, Maharashtra. The expansion, requiring a total investment of INR 1.36 billion, is scheduled to be completed in the fourth quarter of the financial […]
TAKRAF India has completed the refurbishment of a bucket-wheel excavator (BWE 1422) for NLC India Limited (NLCIL), marking the third of four orders awarded to the company in July 2024. The equipment was successfully recommissioned on 18 July 2025 following a 12-month overhaul. The BWE 1422, originally commissioned in 1992 for overburden removal at NLCIL’s […]
Nikhil Kamath, co-founder of Zerodha, has invested INR 1,375 million in Goldi Solar Pvt. Ltd., a solar photovoltaic module manufacturer based in Surat, Gujarat. The funding will be directed towards Goldi Solar’s expansion into solar cell manufacturing and the scaling up of production capacity. Goldi Solar, founded in 2011 by Ishverbhai Dholakia, has expanded its […]
Schmitz Cargobull AG is set to acquire a 27.5 percent equity stake in Pune-based Sub Zero Insulation Technologies (SZIT) as part of a plan to expand its presence in India’s cold chain logistics sector. The agreement also provides Schmitz Cargobull with an option to increase its shareholding in the future. Sub Zero manufactures more than […]
Kilburn Engineering Limited has entered into a definitive Master Agreement with Komline-Sanderson Corporation (KSC), a New Jersey-based provider of process and environmental equipment. The agreement covers manufacturing, engineering, field, and sales representation services. As part of the agreement, Kilburn will exclusively manufacture turbo dryers and paddle dryers for KSC, following international quality standards. Turbo dryers […]
VVDN Technologies has acquired GGS Engineering Services, a company providing engineering solutions for the automotive, MedTech, and aerospace sectors. The acquisition brings engineers with two decades of experience in mechanical design, analysis, simulation, virtual manufacturing, and technical publications to VVDN’s team. The combined entity will operate under the VVDN umbrella, with GGS’s leadership and founding […]
Escorts Kubota Limited has been allotted approximately 200 acres of land in Sector 10 of the Yamuna Expressway Industrial Development Authority (YEIDA) to set up a state-of-the-art tractor manufacturing facility. With an investment of INR 45 billion. The project is expected to create approximately 4,000 jobs in a phased manner. The company signed a Memorandum […]
Eduardo Almeida has been appointed Plant Director for Nidec Global Appliance’s new manufacturing facility in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra. The plant, which is under construction, represents an investment of more than USD 120 million and will cover 55,000 square metres of built-up area. It is planned with an annual production capacity of six million […]
Rossell Techsys Ltd., an aerospace and defence company, will expand production capacity at its Bengaluru facility with an additional 15,000 square feet of space. The expansion involves an investment of INR 15 million and is expected to be operational by December 2025, in the third quarter of FY26. The company said the move is aimed […]
