News

Sangir Plastics Opens New Manufacturing Facility in Gujarat

Sangir Plastics inaugurated a new manufacturing facility in Malav, Gujarat, on 5 April 2025, as part of its expansion in the industrial sector. The event was attended by Kanubhai Mohanlal Desai, Cabinet Minister in the Gujarat government, and Ramanbhai Patkar, Member of Legislative Assembly from the Umargam constituency.​ The company, established in 1982, specializes in […]

Wabtec Dispatches 700th Locomotive from Bihar Plant

Wabtec Corporation has dispatched its 700th locomotive from its manufacturing facility in Marhowra, Bihar. The milestone unit is a 4,500-horsepower diesel-electric locomotive, developed under a long-term manufacturing agreement with Indian Railways. The plant is producing locomotives as part of a 10-year contract signed in 2015 to deliver 1,000 Evolution Series locomotives. The Marhowra facility, operational […]

Foxconn in Early Talks with Uttar Pradesh for New Electronics Plant as Apple Expands India Output

Foxconn is in early discussions with the Uttar Pradesh government to establish a new electronics manufacturing unit in the state. The Uttar Pradesh administration, through its investment promotion arm Invest UP, has proposed 300 acres of land under the Yamuna Expressway Industrial Development Authority (YEIDA) for the project, according to people familiar with the matter. […]

Maritime Montering to Outfit Two Hydrogen-Powered Vessels Built by Cochin Shipyard

Maritime Montering has secured two contracts from Cochin Shipyard for the turnkey interior and accommodation outfitting of hydrogen-powered container vessels commissioned by Samskip. The vessels are scheduled for outfitting to begin in the second quarter of 2025, with teams from Maritime Montering’s India and Romania operations collaborating on the project. The vessels are 132 meters […]

POSCO to Invest in Indian Steel Production, Plans U.S. Expansion Amid Restructuring

POSCO Group is restructuring its global manufacturing operations, prioritizing new steel production investments in India and the United States, according to a report by Business Korea. The South Korean company aims to support these expansions through the sale of non-core assets and a shift toward localized manufacturing strategies. In India, POSCO is pursuing the construction […]

Pratt & Whitney Appoints Ashish Saraf to Lead India Operations

Pratt & Whitney has appointed Ashish Saraf as Vice President and Country Head for India. In this role, Saraf will lead the company’s strategic growth and transformation efforts, including its engineering, supply chain, customer service, operations, and digital transformation functions in the country. “Pratt & Whitney has invested more than USD 40 million in the […]

Aqua Forge Robotics Opens R&D Facility in Chennai for Underwater Drone Manufacturing

Aqua Forge Robotics Pvt Ltd has established a new branch office in Chennai, which will function as its dedicated research and development centre for underwater drone and robotics technology. The facility will focus on innovation, design, and manufacturing for marine and industrial applications. According to the company, the expansion aims to enhance its R&D capabilities […]

Hindalco to Establish 25,000-Ton Battery Foil Plant in Odisha by 2025

Hindalco Industries is set to commission a new battery foil manufacturing facility near Sambalpur, Odisha, by July 2025. The company has invested INR 8 billion in the project, which was funded through internal accruals. The facility will have an annual production capacity of 25,000 tons of aluminium foil used in lithium-ion and sodium-ion batteries—materials critical […]

MOL Logistics India Opens 25,000 Sq Ft Warehouse in Maharashtra for Pharmaceutical Logistics

MOL Logistics India, a subsidiary of Mitsui O.S.K. Lines, has inaugurated a 25,000 square foot temperature-controlled warehouse facility in Taloja, Maharashtra. The facility is intended to support pharmaceutical logistics operations for a Japanese pharmaceutical client. According to the company, the site is designed to enhance the sourcing, storage, and distribution of pharmaceutical products from India […]