News

Balkrishna Tyres Expands Export-Focused Tyre Manufacturing Operations

Balkrishna Tyres (BKT), a tyre manufacturer with a strong focus on exports, has continued to scale up its manufacturing footprint and international presence. The company’s Bhuj facility, spanning approximately 3.5 million square feet, exports around 80% of its production, generating close to USD 1 billion annually. The facility currently employs around 5,000 workers. Pre-engineered building […]

Daifuku Opens INR 2.27 Billion Manufacturing Plant in Hyderabad

Daifuku Intralogistics India, a subsidiary of Japan-based Daifuku Co., Ltd., has launched a new manufacturing facility in Hyderabad with an investment of approximately INR 2.27 billion. The plant is expected to support the company’s operations in sectors such as e-commerce, retail, automotive, and pharmaceuticals. The facility will create over 100 skilled jobs in its initial […]

CARACAL and ICOMM Launch Small Arms Manufacturing Facility in Hyderabad

CARACAL, a small arms manufacturer based in the UAE, and ICOMM Tele Ltd, a group company of Megha Engineering & Infrastructures Ltd (MEIL), have inaugurated a small arms manufacturing facility in Hyderabad. This facility, which will be located at ICOMM’s Integrated Engineering Facility, will produce a range of advanced firearms, marking a significant milestone in […]

EVR Motors Begins Production of Trapezoidal Stator Motors at Gujarat Facility

EVR Motors has commenced manufacturing of its Trapezoidal Stator Radial Flux (TSRF) electric motors at a new production line established at Napino Auto & Electronics Ltd’s facility in Halol, Gujarat. The production line marks the company’s first for this specific motor design. The initiative is a collaboration between EVR Motors and Napino Auto & Electronics. […]

Mahindra Logistics Appoints Hemant Sikka as MD & CEO

Mahindra Logistics Ltd. (MLL) has announced the appointment of Hemant Sikka as its new Managing Director and Chief Executive Officer, effective May 5, 2025. Sikka’s appointment follows the resignation of Ram Swaminathan, who will step down on July 20, 2025. Veejay Nakra will replace Sikka as President of the Farm Equipment Business, and R Velusamy […]

Dubai International Chamber Opens Office in Bengaluru to Expand Global Network

Dubai International Chamber has opened a new international office in Bengaluru, raising its total number of representative offices worldwide to 34. The move is part of the Dubai Global initiative, which aims to establish 50 international offices by 2030 to attract foreign direct investment and support Dubai-based companies in accessing 30 global markets. The new […]

Pondy Oxides Expands Lead Production Capacity in Tamil Nadu

Pondy Oxides and Chemicals Limited has commenced commercial production at its new facility in Thervoykandigai, Thiruvallur District, Tamil Nadu. The first phase of the plant, operational since April 16, 2025, adds 36,000 metric tons per annum (MTPA) to the company’s production capacity. Upon full completion, the facility is expected to reach a total capacity of […]

Craftsman Automation Commences Operations at Tamil Nadu Manufacturing Facility

Craftsman Automation has initiated commercial production at its new manufacturing facility in Kothavadi, Coimbatore, as of April 19, 2025. The plant is situated on a 48-acre site and is intended to support the company’s automotive powertrain, aluminium products, and industrial and engineering segments. The company had allocated approximately INR 2.09 billion for the development of […]

Meiko Electronics to Supply iPhone PCBs to India from New Vietnam Plant

Meiko Electronics, a Japan-based manufacturer of printed circuit boards (PCBs), is investing approximately USD 350 million in a new production facility in Vietnam’s Hoa Binh Province, with the output destined for iPhone assembly operations in India. The plant is expected to begin operations in the 2026 fiscal year and will produce a new generation of […]

Nikkei MC Aluminium Opens Aluminium Alloy Plant in India

Nikkei MC Aluminium has announced the completion and commencement of operations at its new manufacturing facility in Pune, Maharashtra, through its Indian subsidiary Nikkei CMR Aluminium India Private Ltd. (NCAI). The plant, established as a joint venture, has an annual production capacity of 36,000 tons of aluminium alloys. The facility was inaugurated on April 15 […]