Samvardhana Motherson International Limited (SAMIL), through its wholly owned subsidiary SMP Automotive Produtos Automotivos do Brasil LTDA (SMP Brasil), has agreed to acquire 100% of Baldi Industria e Comercio LTDA, a Brazilian Tier 2 automotive supplier. The transaction is valued at approximately BRL 47 million (USD 7.8 million) and is expected to close by the […]
Airbus has acquired a 650,000-square-foot facility in Bengaluru, India, to support its operations in the aerospace and defense sectors. The move strengthens the company’s engagement with India’s growing aerospace ecosystem, which includes organizations such as Hindustan Aeronautics Limited (HAL) and the Indian Space Research Organisation (ISRO). The facility is expected to contribute to job creation […]
Kristl Seibt India Pvt Ltd has inaugurated a new manufacturing facility in Bhosari, Pune. The facility is located at T-165/3/6, Priyadarshani Mahila Swayamrojgar Industrial Premises, near MIDC Chowk, and marks an expansion of the company’s operations in the region. The new site is expected to support the company’s ongoing activities in automotive testing, industrial automation, […]
Godavari Biorefineries Limited (GBL) announced a ₹130 crore investment in a new ethanol distillery to expand its production capacity. The facility will be grain- and corn-based, offering flexibility to use alternative feedstocks alongside the company’s existing sugarcane-based operations. The new distillery, with a proposed capacity of 200 kiloliters per day (KLPD), is scheduled to be […]
JSW Energy announced the achievement of 20 GW in locked-in generation capacity, following the addition of 445 MW in renewable energy projects within the commercial and industrial (C&I) power market. The company’s C&I portfolio now includes 3.1 GW of locked-in renewable energy capacity, comprising 2,654 MW for JSW’s group captive use and 445 MW for […]
RMC Switchgears Limited has announced plans to establish a solar module manufacturing plant with an annual production capacity of 1 gigawatt peak (GWp) and an equivalent capacity for solar module mounting structures. The facility will be set up in Badodiya Village, Chaksu Tehsil, Jaipur, Rajasthan, adjacent to the company’s existing operations. The project involves an […]
LG Electronics India has announced plans to establish a new manufacturing facility in Andhra Pradesh as part of its strategy to expand production capacity. The facility will complement the company’s existing manufacturing units in Greater Noida and Pune, which have a combined capacity of approximately 1.4 crore products annually. The company aims to enhance its […]
Škoda Auto Volkswagen India Private Limited (SAVWIPL) has commenced production of its new sub-4-meter SUV, the Škoda Kylaq, at its Chakan manufacturing facility in Pune. The company has increased the plant’s production capacity by 30%, bringing its annual output to 255,000 units. This expansion includes operational enhancements that allow the production line to achieve 40 […]
Astra Rafael Comsys Private Limited, a joint venture of Astra Microwave Products Limited, has received an order valued at Rs. 255.88 crore from the Ministry of Defence. The contract involves the delivery of 93 additional sets of Software Defined Radios (SDR) LRUs with A kits, SBC 2 cards, and Network Centric Operations applications for Su-30 […]
Saint-Gobain has launched a new production line in India to manufacture components for electric vehicle (EV) batteries. The facility is focused on localized production of essential components, including battery pack seals, compression pads, thermal management solutions, thermal runaway solutions, and dielectric insulation materials, tailored to meet the specific needs of the Indian EV market. According […]
