News

Defence Ministry Finalizes ₹7,629 Crore Deal for K9 VAJRA-T Artillery Guns

The Ministry of Defence has signed a ₹7,629 crore contract with Larsen & Toubro Limited (L&T) for the procurement of K9 VAJRA-T 155 mm/52 calibre self-propelled tracked artillery guns. The agreement, categorized under the “Buy (Indian)” initiative, was formalized in New Delhi on December 20, 2024. According to the Ministry, the K9 VAJRA-T system is […]

Japanese Machine Tool Makers Expand Investments in India Amid Growing Demand

Japanese machine tool manufacturers are increasing their investments in India as they seek to capitalize on the country’s growing manufacturing sector, according to a report by Nikkei Asia. Companies such as Tsugami, Brother Industries, and Shibaura Machine have announced significant developments, contributing to a rise in India-bound orders. Tsugami, a Tokyo-based producer of automatic lathes, […]

IGSS Plans Expansion to Meet Growing Sunroof Demand in India

Inalfa Gabriel Sunroof Systems (IGSS), a joint venture between Netherlands-based Inalfa Roof Systems and India’s Gabriel India (part of the Anand Group), has announced plans to expand its manufacturing operations in India, according to a report by Autocar Professional. This move is driven by increasing demand for sunroof systems from domestic automotive original equipment manufacturers […]

Lotus Wireless and AIT Collaborate on Megawatt-Scale EV Charger Facility in India

Lotus Wireless Technologies (LWT) in India, in collaboration with the Austrian Institute of Technology (AIT), has inaugurated a medium-voltage laboratory in Visakhapatnam, India, to support the development of megawatt-scale electric vehicle chargers. The project includes the demonstration of a charger powered by Solid-State Transformer (SST) technology, designed for high-speed charging of electric vehicles, maritime vessels, […]

MOLYKOTE India Establishes Application Development Center in Hyderabad

MOLYKOTE® India has announced the establishment of an Application Development Center within the newly opened DuPont Hyderabad Lab (DHL) in India. The facility aims to support customers across South Asia by providing resources for application development, quality management, and product development. The center is equipped with over 26 tribometers capable of conducting a wide range […]

ECKART and Runaya to Establish Aluminum Granule Facility in India

German-based ECKART, a manufacturer of effect pigments, has announced a joint venture with India-based Runaya to build a production facility in Odisha, India. The plant will produce spherical atomized aluminum granules, which are used in industries such as aerospace, solar panels, and high-value effect pigments. The facility will focus on sustainable manufacturing practices, including the […]

Trelleborg Plans New Manufacturing Facility in India

Trelleborg Group, a multi-national engineering company, has announced plans to establish a new manufacturing facility in India, focused on marine systems and infrastructure. The project represents an investment of SEK 75 million, with construction set to commence in 2025 and production expected to begin by late 2026. The facility will be located near Ahmedabad, where […]

Macsen Labs Begins Construction of New API Manufacturing Facility in Rajasthan

Macsen Labs Group, a chemical manufacturing organization, has initiated construction on a new Active Pharmaceutical Ingredient (API) manufacturing facility in the RIICO Industrial Area, Gudli, Udaipur, Rajasthan, according to a press release issued by the company. The facility will cover 25,000 square meters, significantly expanding the company’s manufacturing capabilities. It will include multiple API production […]

Daikin India and Rechi Precision Form Joint Venture for Compressor Production

Daikin Airconditioning India Pvt. Ltd., a subsidiary of Daikin Industries, Ltd., and Taiwan-based Rechi Precision Co., Ltd. have announced plans to establish a joint venture in India focused on manufacturing, designing, and selling compressors for the heating, ventilation, and air conditioning (HVAC) sector. Operations for the joint venture, named Daikin-Rechi India Pvt. Ltd., are projected […]

DSV Opens 56,000 Sq. Ft. Facility Near Kolkata

DSV, a Danish transport and logistics company, has inaugurated a new 56,000 square-foot logistics facility in Serampore, Hooghly, approximately an hour from Kolkata. The development marks an expansion of Solutions India’s operations in the eastern region. The facility was opened by Gaurav Gupta, Managing Director of Solutions India, and the DSV team. Positioned strategically near […]