Festo India has opened a new facility in Pune focused on automation and motion technologies. The Festo Motion Lab is intended to support technical learning and development in industrial automation. The lab will be used as a space for training and skill development in motion-related technologies. The company stated that the facility is designed to […]
Chicago-based semiconductor company TagoreTech is set to begin operations at its upcoming radio frequency (RF) laboratory in Kolkata’s Sector V within the next two to three months, according to a Times of India report. The facility, spanning approximately 1,000 square feet, represents an initial investment of over USD 500,000, with total planned investment in the […]
Knowlton Development Corporation Inc (kdc/one) and Clarion Group have announced a joint venture to establish a new manufacturing facility in the Gujarat region of India. The venture, named kdc/one Clarion Beauty Pvt Ltd, aims to expand packaging and formulation production for beauty and personal care products in the Indian market. According to a press release […]
Kia Motors has reported the theft of 900 vehicle engines from its manufacturing facility near Penukonda in Andhra Pradesh over a five-year period, according to a Times of India report. The missing inventory was identified during a year-end audit in March 2025. A police investigation was initiated following a formal complaint lodged by company management […]
India and Italy are set to enhance cooperation in manufacturing and design across sectors where their strengths complement each other rather than compete, Union Commerce and Industry Minister Piyush Goyal announced on Friday. Goyal pointed out that combining Italy’s world-renowned design capabilities with India’s large-scale, cost-efficient manufacturing expertise could strengthen global supply chains. “Italy and […]
Hitachi has announced a senior leadership transition in India, with Bharat Kaushal appointed as Executive Chairman and acting Managing Director of Hitachi India, effective April 1, 2025. He will also continue serving as a Corporate Officer of Hitachi, Ltd., with responsibility for regional strategies in India. The development was shared through a company press release. […]
Timken India Limited has inaugurated an expanded manufacturing facility for roller bearings in Bharuch, Gujarat. The facility, which represents a capital investment of INR 6 billion, will begin commercial production in the first quarter of the 2025–26 financial year. The expansion is located adjacent to Timken’s existing plant in Bharuch and will cater to growing […]
AXISCADES Technologies Limited has appointed KP Mohanakrishnan as Deputy CEO and President – Aerospace, and D Murali Krishnan as Chief Operating Officer and President – ESAI. The appointments were approved by the company’s Board of Directors on April 9, 2025. Both roles are aimed at supporting the company’s business focus in aerospace, defence, semiconductor, and […]
Polymatech Electronics has initiated the construction of a Gallium Nitride (GaN)-based semiconductor manufacturing facility in Nava Raipur, Chhattisgarh. The company announced an additional investment of INR 100 billion for the project, with plans to produce 10 billion chips annually by 2030. The facility will manufacture advanced 5-nanometer and 3-nanometer GaN chips intended for applications in […]
Bansal Wire Industries has inaugurated a new steel wire manufacturing facility in Dadri with a current production capacity of 360,000 metric tons per annum (MTPA). The company plans to increase this capacity to 420,000 MTPA by the first half of the 2025–26 financial year. According to the company, the total infrastructure across all Bansal Wire […]
