News

Musashi Expands in India with EV Components and Strategic Partnerships

Musashi Auto Parts India Pvt. Ltd. (MAP-ID), a subsidiary of Japan-based Musashi Seimitsu Industry Co., Ltd., has commenced mass production of e-axles for electric two-wheelers at its Bengaluru facility, according to a report by Autocar Professional. This marks a significant step in the company’s diversification into electric vehicle (EV) components, targeting India’s rapidly growing EV […]

Vikram Wagh Appointed CEO of Imperial Auto

Imperial Auto, a manufacturer of fluid transmission products for automotive and industrial sectors, has announced the appointment of Vikram Wagh as its new Chief Executive Officer, effective December 20, 2024. Wagh has over 20 years of experience in the automotive industry, including leadership roles at Mahindra and JCB. At Mahindra, he led the Farm Division, […]

HFCL Opens Defence Manufacturing Facility in Hosur

Himachal Futuristic Communications Limited (HFCL), a private sector telecom company, has launched a new defence equipment manufacturing facility in Hosur, Tamil Nadu, designed to enhance domestic production of critical defense technologies. The facility is equipped to manufacture up to 5,000 Thermal Weapon Sights, 250,000 Electronic Fuzes, and 1,000 units each of High Capacity Radio Relay […]

Advance Auto Parts India Opens Innovation Hub in Hyderabad

Advance Auto Parts India, a leading automotive aftermarket parts provider, has launched a new Innovation Hub at its India Innovation Center in Hyderabad. The facility, part of the company’s global capability center (GCC), aims to enhance operations supporting its North American business. The Innovation Hub is designed to provide a collaborative environment focused on developing […]

Uttar Pradesh Signs MoU with Japan for Vocational Education and Industrial Cooperation

The Uttar Pradesh government has signed a memorandum of understanding (MoU) with Japan’s Yamanashi Prefecture to collaborate in vocational education and industrial cooperation. The agreement was formalized during a meeting held in Lucknow on Monday. The MoUs were exchanged between Uttar Pradesh’s Chief Secretary, Manoj Kumar Singh, and Junichi Ishidera, the Director General of the […]

Karnataka Approves ₹3,425.60 Crore Semiconductor Investment in Mysuru Cluster

Silectric Semiconductor Manufacturing Pvt Ltd has announced an investment of ₹3,425.60 crore in an electronics manufacturing cluster at Kochanahalli, Mysuru. The project, approved by Karnataka’s 64th State High-Level Clearance Committee (SHLCC), is expected to generate 460 jobs. The SHLCC meeting, chaired by Karnataka Chief Minister Siddaramaiah, cleared ten industrial proposals worth ₹9,823 crore across multiple […]

Adani Defence Systems to Acquire 85.8% Stake in Air Works India for ₹400 Crore

Adani Defence Systems and Technologies Ltd. (ADSTL), a subsidiary of Adani Enterprises, has announced the signing of a share purchase agreement to acquire an 85.8% stake in Air Works India (Engineering) Private Limited. The acquisition is valued at an enterprise amount of ₹400 crore, according to a press release issued by the company. Air Works […]

Jaya Hind Industries Installs 4400-Ton Die-Casting Machine in Pune

Jaya Hind Industries Pvt Ltd has installed a 4400-ton high-pressure die-casting machine at its facility in Urse near Pune, Maharashtra. According to the company, the machine, sourced from Buhler-Switzerland, is the largest of its kind in India and is intended for manufacturing complex aluminum structural components. The machine will enable the production of large, high-performance […]

IIT Madras Opens Centre for AMOLED Display Research

The Indian Institute of Technology Madras (IIT Madras) has established a new research center dedicated to developing advanced AMOLED displays. The AMOLED Research Centre (ARC), supported by funding from the Ministry of Electronics and Information Technology (MeitY), Defence Research and Development Organisation (DRDO), and Tata Sons, aims to innovate in display manufacturing technologies for devices […]