News

TIL Limited revenue rises 12 percent in Q2FY26; order book exceeds INR 2 billion

TIL Limited, a manufacturer of material handling and infrastructure equipment, reported standalone revenue of INR 814.5 million for the quarter ended 30 September 2025 (Q2FY26), up 12 percent from INR 725.1 million in the corresponding quarter of FY25. EBITDA rose to INR 32.7 million, translating to an EBITDA margin of 4.0 percent, while the company […]

Motherson Sumi Wiring ramps up utilisation at new plants; Greenfield units contribute INR 1.9 billion revenue in Q2

Motherson Sumi Wiring India Limited (MSWIL), a manufacturer of wiring harnesses and electrical distribution systems for automotive applications, reported improved utilisation across its new Greenfield facilities during the second quarter of FY2026, supported by rising customer volumes and demand from new vehicle model launches. MSWIL recorded its highest-ever quarterly revenue of INR 27.62 billion, with […]

SDHI signs LoI with Rederiet Stenersen for six 18,000 DWT chemical tankers

Swan Defence and Heavy Industries Limited has signed a Letter of Intent with Norwegian ship owner Rederiet Stenersen AS for the construction of six IMO Type II chemical tankers, each of 18,000 deadweight tonnes, in a deal valued at approximately USD 220 million with an option for a further six vessels. The vessels are to […]

Ratnamani Metals & Tubes expands capacity with new facilities in Odisha, Kutch and Saudi Arabia

Ratnamani Metals & Tubes Limited, a manufacturer of stainless steel and carbon steel pipes and tubes, is undertaking multiple capacity expansion projects across its Indian and overseas operations to support growing demand in infrastructure, energy and industrial sectors. The company is also progressing with new facilities in Odisha, Kutch, Rajkot and Saudi Arabia as part […]

Inteva Products to invest INR 500 million in new Pune manufacturing plant

Inteva Products LLC, a global supplier of automotive systems and components, is expanding its operations in India with a new manufacturing facility in Pune and the rollout of advanced product technologies. The company said the investment of INR 500 million will strengthen its local manufacturing base, create more than 400 jobs, and enhance integration with […]

Schneider Electric Infrastructure ramps up domestic manufacturing as order backlog rises 25 percent

Schneider Electric Infrastructure Limited is strengthening its domestic manufacturing operations following a 25 percent year-on-year rise in its order backlog to INR 18.05 billion as of 30 September 2025. The company’s new orders for the first half of FY2025–26 totalled INR 17.49 billion, marking a 28 percent increase from the previous year, supported by strong […]

Craftsman Automation scales up EV and export manufacturing capacities with steady order inflows

Craftsman Automation Limited is expanding capacity and strengthening its presence in electric vehicle (EV) and export markets, backed by a solid order book from domestic and global original equipment manufacturers (OEMs). The Coimbatore-based company is adding new facilities and modernising existing ones to meet growing demand for lightweight and precision-engineered components. Craftsman is adding capacity […]

Rossell Techsys to raise up to INR 3 billion for expansion and working capital

Rossell Techsys Limited, a Bengaluru-based aerospace and defence engineering and manufacturing company, said its board approved a capital raise of up to INR 3 billion on 10 November 2025. The company stated that the funds will be used for capital expenditure, working capital, general corporate purposes, and to support planned capacity expansion. The capital may […]

HellermannTyton Opens Injection Moulding Facility in Chennai to Expand Regional Manufacturing Capacity

HellermannTyton India, a subsidiary of the UK-based cable management and connectivity solutions manufacturer HellermannTyton Group, has inaugurated a new injection moulding manufacturing facility in Oragadam, Chennai. The plant, which marks the company’s 19th global manufacturing site, was completed in less than a year since breaking ground in October 2024 and officially commenced operations on 10 […]