Italian manufacturing company Marposs has inaugurated a new Tech Center in Peenya, Bengaluru, spanning 400 square meters. This facility includes offices and a tech center where customers can access the company’s advanced technologies, with the capability to develop customized solutions tailored to the local market. The center aims to enhance support across various sectors, including […]
Magellan Aerospace Corporation and Aequs Private Limited have signed a Memorandum of Understanding (MoU) to explore the development of a 50/50 jointly owned aerospace sand casting facility in Belagavi, Karnataka. The proposed facility, located within the Belagavi Aerospace Cluster, would aim to expand sand casting capacity to support commercial and defence aerospace manufacturing. India currently […]
Belgium-based telecommunications company Proximus plans to set up a global capability centre (GCC) in Bengaluru, according to company chairman Stefaan De Clerck. The company has appointed a CEO to lead the new centre and is in the process of assembling a team comprising both young and experienced professionals. In 2024, Proximus collaborated with Infosys to […]
As part of the Belgium Economic Mission to India, a delegation led by Princess Astrid of Belgium visited John Cockerill’s Taloja facility, which specializes in rolling mills, steel processing lines, and industrial furnaces. The visit highlighted ongoing collaborations between Belgian and Indian industries in the steel sector. During the visit, John Cockerill representatives provided an […]
Kalyani Powertrain, a subsidiary of Bharat Forge, has entered into a technology licensing agreement with Compal Electronics Inc. for the manufacturing of X86 platform servers in India. The agreement includes a Memorandum of Understanding (MoU) between the two companies to develop the server business using locally manufactured solutions. Under the agreement, Compal will provide technological […]
FLT Automation has announced plans to launch its India operations, with a new facility expected to be operational by mid-2025. The company has finalized its office space, secured key supplier partnerships, appointed a board of directors, and selected candidates for initial roles. Stefan Christ, CEO, and Boris Bind, Mechanical Design Head, visited India as part […]
Lohum Cleantech has announced the establishment of India’s first battery-grade lithium refinery with an annual production capacity of 1,000 metric tonnes. The company currently refines over 90% of India’s lithium and is expanding operations to strengthen domestic supply chains. Lohum is also developing production capabilities for Cathode Active Materials (CAM), which are used in lithium-ion […]
Fontana Gruppo has completed the acquisition of a majority ownership stake in Right Tight Fasteners Pvt. Ltd., an Indian company specializing in high-strength special bolts, including special nuts and bolts. The acquisition brings five manufacturing plants under Fontana Gruppo’s operations, serving clients in the automotive, agricultural, industrial, and construction sectors. According to Fontana Gruppo CEO […]
Jabil Inc. has announced plans to establish a new factory in Gujarat, marking its second site in India. The expansion follows a Memorandum of Understanding (MoU) signed in November 2024 between the company and the state government to explore long-term opportunities in the region. Jabil formalized the agreement during the Gujarat SemiConnect IESA Vision Summit […]
MIL Power Converter has inaugurated a manufacturing facility at Manesar, Gurugram, in the Delhi-NCR region. The facility was opened by Daniel Bernstein, President and CEO of Bel Fuse Inc., alongside Enercon Technologies CEO Eyal Shary. This development follows Bel Fuse Inc.’s acquisition of an 80% stake in Enercon Technologies Ltd. for $320 million in November […]
