Shimadzu Corporation has announced plans to expand its operations in India with the establishment of a new manufacturing subsidiary, Shimadzu Manufacturing India Private Limited (SMI), in Bengaluru, Karnataka. The plant is expected to be completed and operational by the spring of 2027. Additionally, the company will integrate its existing sales subsidiaries in the country to […]
Shimadzu Corporation has announced plans to establish a new manufacturing facility in Bengaluru, Karnataka, India. The plant, to be operated by Shimadzu Manufacturing India Private Limited (SMI), is scheduled to begin operations in spring 2027. The facility will occupy a 40,000-square-meter site with a 5,500-square-meter building and will initially employ 50 people in its first […]
Hitachi Energy India Limited has announced plans to raise up to ₹4,200 crore through equity shares or other securities. The company’s Board of Directors approved the proposal during a meeting on January 18, 2025. The funds may be raised in one or more tranches using methods such as public issues, rights issues, private placements, preferential […]
The International Battery Company (IBC) is set to begin production at its lithium-ion battery manufacturing unit in Bengaluru within nine months. The project, with an estimated investment of ₹390 crore, is expected to create 300 direct jobs, according to a press release issued by the company. A groundbreaking ceremony for the factory, located at the […]
Leanworx, a Bengaluru-based company specializing in real-time machine monitoring systems, has raised ₹8.3 crore in a seed funding round. According to the company, the funding was led by YourNest Venture Capital, contributing ₹6.5 crore, alongside ₹1.5 crore from an angel investment group. The investment is part of the YourNest-SanchiConnect Velocity Program 2024, which supports startups […]
BEML Limited inaugurated its Futuristic Product Innovation and Incubation Centre (FPIIC) at its Bengaluru facility on December 24, 2024. The event was attended by Vice Chief of the Naval Staff Krishna Swaminathan, along with BEML Chairman and Managing Director Shantanu Roy, senior officials, and defence personnel, according to a press release issued by the company. […]
The Indian Army has inaugurated the Indian Army AI Incubation Centre (IAAIIC) in Bengaluru as part of its efforts to integrate artificial intelligence (AI) into military operations. The virtual event was led by General Upendra Dwivedi, Chief of the Army Staff. The IAAIIC, developed in collaboration with Bharat Electronics Limited (BEL), aims to enhance operational […]
Caterpillar Inc. has opened a new office in the Whitefield suburb of Bangalore (Bengaluru), Karnataka, to enhance its digital capabilities. The office will primarily support Cat Digital, its technology division focused on leveraging data and digital infrastructure to optimize heavy machinery performance. The new facility includes collaborative workspaces, an Employee Experience Centre, and a lab […]
Nefab Group, a global provider of industrial packaging, logistics and digital services, has announced the establishment of a new production facility in Bengaluru, operational as of December 5, 2024. According to an announcement, the facility aims to enhance the company’s production capabilities in India. The new unit includes a pallet and crate production line and […]
Airbus has acquired a 650,000-square-foot facility in Bengaluru, India, to support its operations in the aerospace and defense sectors. The move strengthens the company’s engagement with India’s growing aerospace ecosystem, which includes organizations such as Hindustan Aeronautics Limited (HAL) and the Indian Space Research Organisation (ISRO). The facility is expected to contribute to job creation […]
