Craftsman Automation Limited will expand its manufacturing footprint in Tamil Nadu through an acquisition by its wholly owned subsidiary DR Axion India Private Limited, aimed at securing land for a new production facility in the Chennai Metropolitan Area. The transaction involves the purchase of two special purpose vehicles that collectively own 52.83 acres of industrial […]
Divgi TorqTransfer Systems Limited has outlined an export-led growth strategy centred on geographic diversification, advanced transmission technologies, and portfolio flexibility across internal combustion, hybrid, and electric vehicle platforms, including an evaluation of a potential manufacturing footprint in the United States. Exports contributed around 11 percent of revenue in Q1 FY26, up from 1 percent in […]
Friulair, a provider of air treatment solutions, has commenced manufacturing operations in India. The move follows Friulair’s acquisition by Ingersoll Rand, completed in early 2024, and reflects a broader strategy to localise manufacturing for the Indian market. The start of domestic manufacturing represents a shift for Friulair India, which for more than two decades had […]
BEML Limited is expecting its order book to cross INR 200 billion by the end of the current financial year, supported by rising execution in rail, metro, and defence programmes, following a period of delayed revenue recognition due to project timelines. The company said in its stock exchange filing that its current order book stands […]
Apollo Micro Systems Limited has secured regulatory approval for the manufacture of high-energy explosive materials through its step-down subsidiary, IDL Explosives Limited. The industrial licence authorises the production of Cyclotetramethylenetetranitramine (HMX) and Trinitrotoluene (TNT) under the Industries (Development and Regulation) Act, 1951, expanding the group’s licensed manufacturing activities in defence and industrial explosives. The licence […]
Shriram Pistons & Rings Limited has entered into an agreement to purchase identified plant and machinery forming part of an aluminium piston manufacturing line from Sunbeam Lightweighting Solutions Private Limited for a consideration of INR 280 million, as part of its plans to expand piston manufacturing capacity. The proposed transaction is structured as an asset […]
Quintrans, a deep tech engineering startup developing direct-drive linear motion systems for industrial automation, robotics, and equipment manufacturing, has raised USD 750,000 in a pre-seed funding round led by Capital-A. The funding is aimed at supporting manufacturing scale-up, research and development, and team expansion as the company prepares for commercial rollout. The round also saw […]
Atlas Copco Group has appointed Bhavin Pandya as General Manager of its Compressor Technique Customer Center in India, marking a senior leadership transition for the company’s industrial compressors business in the country. The appointment comes as Atlas Copco continues to expand its presence in India’s manufacturing and industrial sectors. Pandya’s return to India follows several […]
Schneider Electric India Private Limited plans to expand its manufacturing operations in Tamil Nadu through capacity additions at existing facilities in Chennai and Coimbatore and the establishment of a new greenfield plant in Hosur. The investment of INR 7.18 billion is expected to create 663 direct jobs and add manufacturing capacity for electrical equipment and […]
Aeroflex Industries Limited approved a capital expenditure programme to expand manufacturing capacity and approved a preferential equity issue at a board meeting held on 18 December 2025. The decisions cover capacity addition for liquid cooling skids used in data centres, process automation through new welding infrastructure, and the raising of equity capital to partly fund […]
