Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) will add a third production line at its second manufacturing plant in Tapukara, Alwar district, Rajasthan, with operations scheduled to commence in 2028. The new line will have an annual production capacity of 670,000 units, increasing the total capacity of the plant to 2.01 million units. HMSI […]
SSAB inaugurated a steel processing facility in Taloja on 18 March, marking an expansion of its downstream operations in India. The unit is designed to support value-added processing of high-strength steel and supply ready-to-assemble components to domestic original equipment manufacturers (OEMs). The Taloja unit is structured as a downstream processing centre rather than a steel […]
NTPC Limited signed a memorandum of understanding (MoU) with Octopus Energy Group on 19 March 2026 in New Delhi to explore collaboration across the power and energy sector. The agreement outlines a framework to identify and pursue opportunities in areas including electricity distribution, renewable energy, and digital energy platforms. The MoU establishes a non-binding framework […]
Samvardhana Motherson International Limited on 19 March 2026 approved the execution of a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited to establish a new logistics entity in Dubai, United Arab Emirates. The partnership is aimed at providing integrated supply chain services to the automotive sector and expanding logistics capabilities across global markets. […]
Thermotech Research Laboratory (TRL) inaugurated a new test facility in Neemrana, India, aimed at strengthening third-party testing infrastructure for heating, ventilation, air conditioning, and refrigeration (HVACR) products. The facility is expected to support certification testing requirements across India and neighbouring markets while expanding research and development capabilities. The development follows a memorandum of understanding (MoU) […]
Titagarh Rail Systems Limited and Bharat Heavy Electricals Limited (BHEL) have approved the formation of a joint venture to undertake maintenance of Vande Bharat sleeper trains. The approvals were granted separately by the boards of both companies on 19 March 2026. The company said in a stock exchange filing that the joint venture will be […]
Oerlikon inaugurated an extension to its regrinding and forming tools operations in Ahmedabad. The development is aimed at strengthening local service capabilities to address increasing demand for tool reconditioning and coated tools in the western region of India. The extension enhances the company’s ability to handle complex and high-volume requirements through expanded CNC regrinding capabilities. […]
GE Vernova has appointed Jeyamani M Doss as Chief Technology Officer (CTO) for India and General Manager, India Engineering – Gas Power, along with his role as Site Leader for the John F. Welch Technology Centre (JFWTC) in Bangalore. He will also serve as Executive Director on the Board of GE Renewable Energy Technologies Pvt. […]
Bosch Limited said it will enter into a joint venture with Tata Autocomp Systems Limited to establish a manufacturing business for e-axles and electric traction motors in India. The board approved the proposal on 18 March 2026, and the agreement is scheduled to be executed on 23 March 2026, subject to regulatory approvals and agreed […]
Tata Steel Limited approved a scheme to amalgamate Neelachal Ispat Nigam Limited (NINL) with itself and an investment of up to USD 2 billion in its wholly owned subsidiary at its board meeting held on 17 March 2026. The decisions are subject to regulatory approvals and are aimed at restructuring operations and supporting overseas business […]
