AGI Greenpac, a manufacturer of glass containers and packaging products, and CANPACK Group have announced separate investments totalling INR 23 billion to establish aluminium beverage can manufacturing facilities in Uttar Pradesh. The move is intended to tap into growing demand for recyclable and sustainable packaging solutions in India. AGI Greenpac plans to invest approximately INR […]
Unique Group, an integrated subsea and offshore solutions provider, has developed and delivered a DNV-compliant Human Support and Safety System (HSSS) for MATSYA 6000, India’s first manned submersible rated for a depth of 6,000 metres. Commissioned by the National Institute of Ocean Technology (NIOT) under the Ministry of Earth Sciences, the system is designed to support […]
Safran has successfully completed its $1.8 billion acquisition of Collins Aerospace’s flight control and actuation business. The integration strengthens Safran’s position in next-generation aerospace systems and marks a significant expansion of its operations in India. The deal, approved by European regulators on the condition that Safran divests its North American electromechanical actuation business to Woodward, […]
Bang Design has developed the industrial design for two new software-defined military radio systems—a manpack unit for platoon-level use and a handheld variant for section-level deployment. The visual and interface design work was done in collaboration with engineering firm Cyient, which led the technical development of the devices. The project involved creating a rugged and […]
Exide Industries Limited, a manufacturer of storage batteries, has invested INR 1 billion in its wholly owned subsidiary, Exide Energy Solutions Limited (EESL), through a rights issue. With this infusion, Exide’s total investment in EESL now stands at INR 37.02 billion. The transaction does not affect Exide’s 100 percent ownership of the subsidiary. EESL, incorporated in […]
Uno Minda Limited, a supplier automotive components and systems, has completed the acquisition of the e‑Drives business assets in Vietnam from Friwo Vietnam Company Limited. The transaction was executed via its wholly owned step‑down subsidiary, Minda Industries Vietnam Company Limited, and finalized on 22 July 2025. This deal marks part of Uno Minda’s broader international expansion […]
Lloyds Metals and Energy Ltd. has inaugurated steel infrastructure projects worth INR 240 billion in Gadchiroli, Maharashtra. The projects include steel production facilities and associated infrastructure, with the company estimating the creation of over 20,000 jobs from the current phase. The company inaugurated a 4 million tonnes per annum (MTPA) pellet plant at Konsari, a […]
Minda Corporation, an automotive components manufacturer, has entered into a collaboration with Qualcomm Technologies to co-develop advanced cockpit domain controllers for vehicles in India. These next-generation solutions will be based on the Snapdragon Cockpit Platform, part of Qualcomm’s Snapdragon Digital Chassis suite, aimed at enhancing multimedia performance, digital interfaces, and vehicle connectivity. According to Minda Corporation, […]
The Rourkela Steel Plant (RSP) of Steel Authority of India Limited (SAIL) held its 875th Mass Contact Exercise on July 22, 2025, focusing on cost control, operational efficiency, and workplace safety. Addressing approximately 500 employees—including executive directors, chief general managers, department heads, and senior managers—Director In-Charge Alok Verma outlined the plant’s strategic objective: to become […]
Pastiche Energy Solutions, a manufacturer of electric vehicle (EV) battery technology, has unveiled a lithium-ion battery manufacturing facility with an initial production capacity of 1.5 GWh. The plant is equipped with automatic laser welding lines and high-power testing systems to support the production of large-capacity batteries for EVs and battery energy storage systems (BESS). The […]
