News

TVS Supply Chain Solutions appoints Vikas Chadha as Global Chief Executive Officer

TVS Supply Chain Solutions Limited has appointed Vikas Chadha as Global Chief Executive Officer with effect from 22 January 2026, as part of a planned leadership transition at the company. The appointment was approved by the board of directors based on the recommendation of the Nomination and Remuneration Committee. The appointment is aligned with a […]

Frauscher Sensor Technology appoints Mayank Tripathi as Vice President and General Manager

Frauscher Sensor Technology has appointed Mayank Tripathi as Vice President and General Manager with effect from 1 January 2026, marking a leadership transition following the conclusion of Michael Thiel’s 15-year tenure at the end of 2025. The change forms part of the company’s planned succession process and follows its integration into the Digital Intelligence division […]

JK Tyre inaugurates Phase III expansion of Banmore passenger car radial plant

JK Tyre & Industries Limited inaugurated Phase III of capacity expansion and modernisation at its passenger car radial (PCR) tyre manufacturing facility in Banmore, Madhya Pradesh, on 14 January 2026. The expansion raises the plant’s output capacity and forms part of a multi-phase investment programme aimed at supporting rising demand in India’s passenger vehicle market. […]

Monolithisch India to raise refractory materials capacity to 250,000 tonnes per annum

Monolithisch India Limited plans to increase its installed manufacturing capacity for unshaped refractory materials to 250,000 tonnes per annum as part of its ongoing phased expansion programme. Trial runs for the enhanced capacity are scheduled to begin on 14 January 2026, with commercial operations expected to commence from 21 January 2026. The expansion will raise […]

India auto component industry posts H1 FY26 growth despite US tariff pressures

Automotive Component Manufacturers Association of India (ACMA) said India’s auto component industry recorded steady growth in the first half of FY26, supported by domestic demand and a resilient aftermarket, even as exports faced pressure from higher tariffs in key overseas markets, particularly the United States. Automotive Component Manufacturers Association of India (ACMA) reported that industry […]

Bajaj Mobility AG continues cost optimisation and organisational restructuring

Bajaj Mobility AG continued cost optimisation and organisational restructuring measures during the 2025 fiscal year as part of a group-wide efficiency programme aimed at strengthening long-term competitiveness. The company, formerly known as Pierer Mobility AG, is the holding company of the KTM Group. Bajaj Mobility AG expects consolidated revenue for fiscal year 2025 to be […]

Year-End Review 2025: Heavy Industries Ministry scales EV manufacturing and capital goods capacity through PLI-led programmes

The Ministry of Heavy Industries concluded 2025 with a sustained focus on strengthening India’s capital goods and machine manufacturing ecosystem, alongside continued scale-up of electric vehicle and battery programmes, as multiple incentive and technology schemes recorded measurable outcomes during the year. Implementation of the Scheme on Enhancement of Competitiveness in the Indian Capital Goods Sector […]

India and Germany agree on defence manufacturing, technology and research initiatives during Friedrich Merz visit

India and Germany agreed on a series of initiatives covering defence manufacturing, advanced technology, industrial research and scientific collaboration during the official visit of German Federal Chancellor Friedrich Merz to India on 12–13 January 2026. The discussions formed part of bilateral talks aimed at strengthening cooperation in sectors with direct relevance to manufacturing, aerospace, defence […]

German Chancellor visits Bosch India campus in Bengaluru

Bosch Limited hosted German Federal Chancellor Friedrich Merz at its Adugodi campus in Bengaluru on 13 January 2026 during his official visit to India, reflecting ongoing industrial and technological engagement between India and Germany. The visit took place at Bosch’s India headquarters, where the delegation was received by Guruprasad Mudlapur, President of the Bosch Group […]