News

Balkrishna Industries maintains INR 20 billion annual investment to expand tire capacity amid export headwinds

Balkrishna Industries Limited, a manufacturer of off-highway and specialty tires, is maintaining its annual capital expenditure of about INR 20–22 billion for the current financial year to expand tire and carbon black production capacity, even as exports remain affected by higher U.S. import tariffs. The investment is part of a three-year programme totalling INR 35 […]

Sundram Fasteners expands manufacturing investments; expects export recovery and double-digit growth

Sundram Fasteners Limited, a manufacturer of automotive and industrial fasteners and components, has reported steady progress in its ongoing manufacturing expansion and capacity utilisation programmes, alongside additional capital investments in wind energy and electric vehicle (EV) components. In the company’s Q2 FY2025–26 earnings call held on 30 October 2025, management said that new capacity additions […]

John Cockerill to Shift Global Metals Business Headquarters from Belgium to Mumbai

John Cockerill India Limited, the Indian arm of Belgium-based John Cockerill Group, will become the global headquarters for the group’s metals business as part of a major organisational restructuring. The company’s board approved the acquisition of the entire equity stake in John Cockerill Metals International SA, Belgium, from its parent company, John Cockerill SA. The […]

Tube Investments of India maintains high capacity utilisation, plans steady expansion

Tube Investments of India Limited (TII), part of the Murugappa Group, is expanding its manufacturing footprint and capacity across core and emerging businesses while maintaining steady growth momentum in the second quarter of FY2025–26. Capacity utilisation across TII’s engineering plants stood at 80 to 85 percent during the September quarter. The company commenced commercial production […]

Kennametal India approves INR 680 million Pre-capex for new Machining Solutions Group Green Field Project

Kennametal India Limited has approved pre-project activities and a preliminary capital expenditure of INR 680 million to establish a greenfield facility in India for its Machining Solutions Group (MSG) business. The initiative forms part of a broader strategy to expand its manufacturing capacity, enhance localisation, and strengthen its long-term growth platform. The pre-project activities will […]

GRSE-built hydrographic survey vessel set to be commissioned by Indian Navy

The Indian Navy will commission Ikshak, an indigenously built hydrographic survey vessel, at the Naval Base in Kochi on 6 November 2025. The ship is the third in the Survey Vessel (Large) series and the first to be based at the Southern Naval Command. The vessel has been constructed by Garden Reach Shipbuilders and Engineers […]

Pavna Industries Incorporates Joint Venture Subsidiary with Smartchip Microelectronics; Opens New R&D Centre in Noida

Pavna Industries Limited, a manufacturer of automotive components, has incorporated a joint venture subsidiary with Smartchip Microelectronics Corp and inaugurated a new research and development (R&D) centre in Noida, Uttar Pradesh, as part of its expansion in electronic and advanced automotive solutions. According to the company’s regulatory filings, the Ministry of Corporate Affairs approved the […]