Automakers across the United States, Europe, and Asia have raised concerns over potential production disruptions following China’s decision to suspend exports of rare earth alloys, mixtures, and magnets, according to a report by Reuters. The export restrictions, introduced in April, have halted shipments at multiple Chinese ports while export license applications await clearance, prompting urgent […]
Alstom, a provider of rail transport systems, will manufacture 96 driverless metro cars for Chennai Metro Phase II at its facility in Sri City, Andhra Pradesh, as part of a EUR 135 million contract awarded by Chennai Metro Rail Limited (CMRL). The design work for the trainsets will be carried out at Alstom’s engineering centre in […]
Nidec Global Appliance, part of the Appliance, Commercial and Industrial Motors (ACIM) business unit, will begin manufacturing Embraco compressors in India at a new facility in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra. The plant represents an investment of over USD 120 million and is scheduled to start operations in the second half of 2026. The facility […]
Uno Minda, a manufacturer of auto components, has inaugurated a new greenfield plant for manufacturing four-wheeler alloy wheels in Kharkhoda, Haryana. The plant represents a strategic expansion of the company’s automotive manufacturing capabilities. The new plant follows the recent relocation of its 2W lighting manufacturing plants from Bahadurgarh and Sonipat to the same location, expected […]
Garden Reach Shipbuilders & Engineers Limited (GRSE), a government-owned defence shipyard, has signed a series of agreements in Norway aimed at expanding its international shipbuilding and offshore capabilities. The company announced the signing of one Memorandum of Intent (MoI) and two Memoranda of Understanding (MoUs) on 4 June 2025 as part of an official delegation […]
TVS Motor Company has announced that Sudarshan Venu, currently the Managing Director, will assume the role of Chairman and Managing Director effective August 25, 2025. The decision was approved by the company’s Board of Directors at a meeting held on June 5, 2025. The current Chairman, Ralf Speth, will step down from the Board following […]
Dassault Aviation, a manufacturer of military and civil aircraft, and Tata Advanced Systems Limited (TASL) have signed four Production Transfer Agreements to manufacture Rafale fighter aircraft fuselages in India. As part of the deal, a dedicated manufacturing facility will be established in Hyderabad to produce fuselage sections for both Indian and international markets. The new […]
Vibhor Steel Tubes Ltd (VSTL), a manufacturer, exporter, and supplier of steel pipes and tubes, has inaugurated a new galvanizing iron (GI) manufacturing facility in Balanagar, located in the Mahbubnagar district of Telangana. With this expansion, the company’s installed capacity in the state has doubled from 24,000 metric tonnes per annum (MTPA) to 48,000 MTPA. […]
PTC Industries, a manufacturer of high-precision cast and machined components, delivered strong financial and operational performance in FY25, driven by strategic investments and key contract wins in the aerospace and defence sectors. The company reported robust revenue growth, improved margins, and expanded its manufacturing capabilities through new facilities and acquisitions. During the year, Aerolloy Technologies, […]
Setco Automotive Limited, a manufacturer of auto components, has introduced an Automotive Water Pump for light and medium and heavy commercial vehicles (LCVs and MHCVs), expanding its product portfolio beyond clutches. The product is designed to improve engine cooling performance and operational reliability across a range of commercial vehicles. According to the company, the water […]
