NTF Group has opened a new manufacturing facility, Unit–11, in Bengaluru as part of its expansion in South India. The facility marks the group’s continued growth in engineering plastics and advanced composites for automotive applications and adds to its network of units across Karnataka, Haryana, Rajasthan, Gujarat and Maharashtra. The Bengaluru unit will focus on […]
Daimler India Commercial Vehicles Limited (DICV) has announced a planned leadership change set to take effect in early 2026. The company said in its announcement that Torsten Schmidt, currently Chief Financial Officer of Mercedes-Benz do Brasil, will assume the role of Managing Director and Chief Executive Officer. The development follows the company’s 4 November announcement […]
Talbros Automotive Components Limited, a manufacturer of gaskets, heat shields, forgings, suspension systems and rubber products, has approved the formation of a joint venture with Lohum Cleantech Private Limited to produce recovered carbon black and devulcanized rubber. The new entity, Lohum Talbros Carbon Private Limited, is scheduled to begin commercial operations from July 2026. The […]
Standex Engraving Mold-Tech Limited has opened a new manufacturing facility in Chakan, Pune, expanding its production capability and strengthening its presence in a key manufacturing region. The facility is intended to support growing demand for engraved molds across automotive, consumer goods, and industrial applications. The new unit is designed to produce between 300 and 400 […]
Pricol Limited, an automotive components manufacturer, will invest up to INR 6 billion over FY2026 and FY2027 to expand manufacturing capacity, establish new facilities, and introduce new product verticals. The details were shared by the management during the company’s earnings conference call for the quarter and half year ended 30 September 2025. “We are again […]
Nabors Drilling Industries, the Indian subsidiary of Nabors Industries Ltd, has achieved a record production milestone with the manufacture of seven drilling jars and accelerators in October, marking a significant step in its localisation and self-reliance programme under the “Make in India” initiative. The milestone included four units of 6½-inch drilling jars, two drilling accelerators, […]
Delvitech SA, a Switzerland-based deeptech company specialising in artificial intelligence (AI)-driven automated optical inspection (AOI) systems for electronics manufacturing, has raised USD 40 million in a Series B funding round to accelerate its global expansion and technological roadmap. The investment round was led by EGS Beteiligungen AG, the investment company of the Ernst Göhner Foundation, […]
HD Hyundai Heavy Industries has entered into a strategic partnership with Cochin Shipyard Limited to collaborate on the Indian Navy’s Landing Platform Dock (LPD) programme, marking the South Korean shipbuilder’s formal entry into India’s naval vessel market. The memorandum of understanding (MoU) for the cooperation was signed on 10 November. The agreement seeks to promote […]
Greaves Cotton Limited has completed a series of manufacturing projects under an investment programme of about 50 million rupees over the past 18 months, reinforcing its production capabilities across the engine, industrial and component businesses. The company has commissioned new facilities at its subsidiary Excel Controlinkage, including a manufacturing and testing plant for mechatronic and […]
JK Tyre & Industries Limited is set to complete three major capacity expansion projects by the end of March 2026 involving a combined investment of about INR 12 billion. The projects, located at its plants in Madhya Pradesh, Uttarakhand and Karnataka, are expected to raise the company’s total production capacity by nearly 13 percent. The […]
