MC-Bauchemie India has inaugurated a new manufacturing facility in Bhiwadi, Rajasthan, expanding its production capacity for construction chemicals. The facility is equipped with advanced production technology and incorporates sustainable practices. The new plant is expected to enhance supply chain efficiency and support innovation in the industry. The company acknowledged the role of its team, partners, […]
Gulbrandsen has announced plans to expand its polyethylene wax manufacturing capacity and establish a new functional polymers plant at its facility in Dahej, India. The expansion, expected to be operational by mid-2026, aims to increase production to meet global demand and enhance supply reliability. “This investment underscores our commitment to serving our customers worldwide,” said […]
Eurotek India has inaugurated a new manufacturing facility dedicated to the production of furan resin and catalysts. The inauguration ceremony took place on March 21, 2025. Attendees included Bharat Gite, Director of Eurotek India and Managing Director and CEO of Taural India; Prachi Gite, Director of Eurotek India and Taural India; representatives from Thoni Alutec, […]
Epic Group, a Hong Kong-based apparel manufacturer, is investing INR 3.77 billion in a green manufacturing facility in Bhubaneswar, Odisha. The facility will use low-emission TMT bars supplied by ARS Steel, which recently delivered its first batch of “green steel” to Trimetro Group for the project’s construction. ARS Steel’s TMT bars have an emission intensity […]
India’s defence exports reached INR 210.83 billion in the financial year 2023-24, marking a significant increase from INR 6.86 billion in 2013-14, according to a press release from the Ministry of Defence. The country now exports military equipment to over 100 nations, with the United States, France, and Armenia among the key buyers. Items exported […]
Private companies now account for 21% of India’s total defence production, contributing to the sector’s growth, which reached INR 1.27 trillion (USD 15.2 billion) in the financial year 2023-24, according to a press release from the Ministry of Defence. More than 430 licensed private firms and approximately 16,000 small and medium-sized enterprises are engaged in […]
India’s defence production reached INR 1.27 trillion in the financial year 2023-24, marking a 174% increase since 2014-15, according to a press release from the Ministry of Defence. Tata Advanced Systems and Bharat Forge, along with other domestic companies, contributed to this growth through the manufacturing of military platforms such as artillery systems, combat aircraft, […]
Yudo India, a subsidiary of South Korea-based Yudo Group, is expanding its manufacturing operations in Maharashtra with a two-phase plan aimed at enhancing local production and supply chain efficiency in the injection moulding sector. The company will establish a new hot runner system manufacturing facility in the Mumbai Metropolitan Region and increase its warehousing capacity. […]
Samvardhana Motherson International Limited (Motherson) has approved an investment of up to INR 2 billion in its subsidiary, CIM Tools Private Limited, through the subscription of 9.25% Compulsory Convertible Debentures (CCDs). The investment, which will be executed in one or more tranches, is expected to increase Motherson’s shareholding in CIM Tools from 55% to approximately […]
Tata AutoComp Systems Ltd has announced its plan to acquire International Automotive Components Group Sweden AB (IAC Sweden), a supplier of automotive interior systems. IAC Sweden has an estimated annual turnover of USD 800 million. The acquisition is subject to regulatory approval within the European Union. The acquisition is aimed at strengthening Tata AutoComp’s presence […]
