Bharat Forge Limited has announced a definitive agreement to acquire AAM India Manufacturing Corporation Private Limited (AAMIMCPL), a subsidiary of American Axle & Manufacturing Holdings, Inc. (AAM), for an enterprise value of Rs. 5,445.30 million, pending customary closing adjustments and regulatory approvals. Established in 2008, AAMIMCPL manufactures axles for light, medium, and heavy-duty commercial trucks […]
MoldTecs has opened its first manufacturing plant in India, located in Bawal, Haryana. The facility will produce technical plastic components for the automotive sector, marking a strategic expansion into the Indian market. The new plant aims to support the increasing demand from local original equipment manufacturers (OEMs) in India’s automotive industry. In a company-issued press […]
Uhlmann Pac-Systeme inaugurated its new office on October 16, 2024, at Plot PAP S-49, Savardari, Chakan MIDC Phase II, Pune, Maharashtra. The new facility is part of the company’s continued expansion in India, aiming to strengthen its operations in the region. The event was attended by key figures from the pharmaceutical and packaging industries, including […]
Burkert Fluid Control Systems India Private Limited has opened a new 50,000-square-foot manufacturing facility in Talegaon MIDC, Pune, Maharashtra. This facility is designed to support Burkert’s global production network and meet rising demand for liquid and gas measurement and control systems in the region. The facility has the capacity to produce over 30,000 valves and […]
Bonfiglioli Transmissions has laid the foundation for a new industry and automation facility in Cheyyar, Tamil Nadu, and inaugurated its Technology and Innovation Hub in Chennai. The Cheyyar facility, covering 25 acres, is expected to start operations in 2025 and will create 150-200 jobs. This plant will focus on meeting the rising domestic demand for […]
Camozzi Automation has inaugurated a new facility in Noida, marking an expansion of its operations in India. The company, which specializes in automation solutions, aims to strengthen its presence in the Indian market, focusing on sectors such as robotics, material handling, and life sciences. According to a press release, the Noida plant will also house […]
Himadri Speciality Chemical Ltd (HSCL) has announced its financial results for the first half of fiscal year 2025 (H1 FY25), showcasing significant growth in key metrics. The company reported a 32% increase in sales volume, which reached 2,78,232 metric tons (MT) compared to 2,11,242 MT in H1 FY24. Revenue for the period rose by 19% […]
Freudenberg Group, a Germany-based technology company, has inaugurated two new manufacturing facilities in Morinda, India, covering a combined area of 40,700 square meters. The facilities are operated by Freudenberg-NOK India Pvt. Ltd. and Vibracoustic India. This consolidation of operations, previously based in Basma and Mohali, is intended to improve production efficiency and support the company’s […]
BEML Limited has been awarded a contract by the Integral Coach Factory (ICF), Chennai, to design, manufacture, and commission two high-speed trainsets. Each trainset will consist of eight cars, with a total contract value of ₹866.87 crore. This amount includes the design costs, one-time development expenses, and non-recurring charges for jigs, fixtures, tooling, and testing […]
Rashtriya Chemicals and Fertilizers Ltd (RCF) has approved a ₹1,000.27 crore contract with Larsen & Toubro Ltd for the construction of a new complex fertilizer plant at its Thal facility in Maharashtra. The plant, with a production capacity of 1,200 metric tons per day (MTPD) on a di-ammonium phosphate (DAP) basis, will be constructed on […]
