News

Mahindra Establishes Step-Down Subsidiary in Renewable Energy Sector

Mahindra & Mahindra Limited has announced the incorporation of Target Hybren Private Limited, a wholly-owned subsidiary of Mahindra Susten Private Limited (MSPL). This new subsidiary was registered on December 6, 2024, in Mumbai, Maharashtra. MSPL is itself a subsidiary of Mahindra Holdings Limited, which is fully owned by Mahindra & Mahindra. The authorized and paid-up […]

Toyoda Gosei Conducts Groundbreaking Ceremony for New Facility in Karnataka

Toyoda Gosei Co., Ltd. held a bhoomi-poojan (groundbreaking ceremony) for its new manufacturing facility in Harohalli, Bengaluru South District, Karnataka, on December 5, 2024. This marks a significant milestone in the company’s expansion plans in India, targeting the growing demand for automotive components. The facility, operated by Toyoda Gosei South India Pvt. Ltd., will begin […]

Russia Signals Readiness for Manufacturing Operations in India

Russian President Vladimir Putin has expressed readiness to establish manufacturing operations in India. The announcement was made during the 15th VTB Russia Calling Investment Forum held on Wednesday. Putin highlighted the profitability of investing in India, citing recent developments in bilateral economic ties. According to a statement from the Indian government, Russian oil producer Rosneft […]

SG Expands Manufacturing Capacity with New Machinery in Bengaluru Facility

Stephenson Gobin has upgraded its 7,000-square-meter manufacturing facility in Bengaluru, India, by installing four advanced machines to enhance production capacity and efficiency. This investment is aimed at improving machining methods, CNC capabilities, and cutting tool technology. According to an update, the new machinery will align the Bengaluru operations more closely with SG’s facility in the […]

Plasser India Inaugurates Advanced Manufacturing Facility in Karjan

Plasser India Pvt Ltd, a subsidiary of Plasser & Theurer, has opened a new manufacturing facility in Karjan. The site is designed to enhance the company’s machine production capabilities and meet the growing demand for railway maintenance machinery in the region. Thomas Blechinger, President & CEO of Plasser American, visited the facility and described it […]

Olon Expands Production Capacity at Indian Manufacturing Facility

Olon, a pharmaceutical manufacturing company, has announced the completion of the VI Mod-6 project, which has increased the production capacity of its manufacturing facility in India by approximately 25%. The project included the installation of advanced equipment capable of conducting large-scale cryogenic and nBuLi (n-butyllithium) reactions. These processes are designed to meet stringent safety and […]

Delta Electronics and ThunderPlus Partner on EV Charging Infrastructure

Delta Electronics India and ThunderPlus have signed a memorandum of understanding (MoU) to collaborate on electric vehicle (EV) charging solutions tailored for the Indian market. Under the agreement, Delta will supply high-efficiency 4kW rectifier modules manufactured at its Krishnagiri facility. These modules will be integrated into ThunderPlus’ fast chargers for two- and three-wheel EVs. The […]

Japanese Machinery Firms Hitachi and Sumitomo to Establish Units in India

Hitachi Construction Machinery and Sumitomo Heavy Industries are setting up new operations in India, targeting opportunities in the country’s infrastructure and industrial sectors. Hitachi Construction Machinery announced plans to increase hiring and develop products tailored for the Indian market. The company stated that these measures align with its strategy to expand its footprint in the […]

Tata Group Begins Semiconductor Plant Construction in Dholera

The Tata Group has commenced construction of a semiconductor manufacturing plant in Dholera Smart City. According to an update from the company, the facility is expected to produce 50,000 wafers monthly once operational. This development is positioned to support various industries such as electronics, electric vehicles, and artificial intelligence by enhancing domestic semiconductor manufacturing capabilities. […]