JS Auto Cast Foundry India Private Limited, a step-down wholly owned subsidiary of Bharat Forge Limited, has secured an equity investment of around INR 3 billion from Premji Invest, resulting in the investor acquiring a 23 percent stake on a fully diluted basis. The investment is being made through a primary infusion and is aimed […]
Cochin Shipyard Limited approved the formation of a joint venture with HBL Engineering Limited focused on electric mobility and energy storage solutions for the marine sector, alongside plans to acquire a minority stake in Netherlands-based ship design firm Conoship International Holding B.V., as part of a broader push to expand technology capabilities and overseas presence. […]
The Union Budget 2026-27 outlines a comprehensive strategy to expand India’s manufacturing base through structural reforms, targeted fiscal incentives, and ecosystem development across strategic and frontier sectors. The approach reflects a transition away from assembly-led growth towards higher domestic value addition, capital goods capability, and technological self-reliance, positioning manufacturing as a core driver of productivity […]
Samvardhana Motherson International Limited said regulatory clearances required for its proposed acquisition of a controlling stake in Japan-listed Yutaka Giken Co., Ltd. have been completed, clearing the way for the launch of a tender offer in early February 2026. The transaction is being executed through the company’s indirect wholly owned subsidiary, Motherson Global Investments B.V. […]
Magellan Aerospace India Private Limited has begun construction on an expansion of its Tumkur facility in Karnataka, marking the next phase of capacity growth at the site. The groundbreaking ceremony was held on 21 January 2026 at the company’s existing operations in the KIADB Industrial Area at Antharasanahalli. The expansion is intended to support long-term […]
Sumitomo Drive Technologies has opened a newly relocated and expanded Cyclo Centre in Pune, strengthening local capabilities in India while supporting closer coordination with Europe and the Europe, Middle East, India and Africa (EMEIA) region. The expansion is aimed at addressing rising demand for local assembly, service, and shorter lead times in the Indian market. […]
Steel Strips Wheels Limited said its key domestic manufacturing operations are running at full or near-full capacity, supported by strong demand in aluminium wheels, tractor wheels and commercial vehicle wheels, while order visibility in the aluminium segment remains firm for the medium term. The company stated that its aluminium wheel capacity of 5.0 million units […]
Sona BLW Precision Forgings Limited reported its strongest quarterly performance in the October–December period, supported by higher electric vehicle related volumes, improved demand across rail and off-highway segments, and a record request-for-quotation pipeline that has strengthened medium-term business visibility. Revenue for the third quarter of FY26 rose 39 percent year on year to INR 12.09 […]
Reliance Industries Limited is setting up a new advanced materials manufacturing facility in Gujarat as part of its expansion in new energy and high-performance materials. The facility is intended to supply advanced composite and engineered plastics products for the company’s hydrogen, solar, compressed biogas (CBG), and wind energy verticals, strengthening internal material capabilities that support […]
NRB Bearings Limited has completed the acquisition of the business of Mahant Tool Room, marking its entry into the aerospace components segment and expanding beyond its core automotive and industrial operations. The acquisition was executed through Mahant Tool Room Private Limited, a wholly owned subsidiary of the company. The transaction was carried out under a […]
