LICO Materials has launched a battery recycling facility in Bengaluru capable of processing 17,500 metric tonnes of lithium-ion batteries annually. The plant currently has an infeed capacity of 4GWh per year, with plans to increase this to 10GWh in the near future. The facility is designed to recover critical materials such as lithium, cobalt, and […]
Markem-Imaje has inaugurated a new Thermal Transfer (TT) Printing Solutions Testing and Lab Facility in Jigani, Bengaluru. According to a press release, the facility aims to enhance product development and cater to the needs of customers in India and neighboring regions. The lab is equipped with advanced testing and research capabilities designed to support innovation […]
LGSF Engineering Solutions has inaugurated a new manufacturing facility for Light Gauge Steel Framing (LGSF) in Bengaluru. This facility is designed to cater to the growing demand for LGSF solutions, particularly in South India. According to the company, the unit aims to produce precision-engineered steel framing components intended to reduce construction timelines and improve material […]
Otto Hofstetter India has officially inaugurated its new manufacturing facility in Bengaluru. The event was attended by representatives from the Hofstetter family and management based in Switzerland, along with Indian customers and local team members. The company specializes in injection molding solutions and serves customers in the plastics industry. The new facility is expected to […]
Toyoda Gosei Co., Ltd. held a bhoomi-poojan (groundbreaking ceremony) for its new manufacturing facility in Harohalli, Bengaluru South District, Karnataka, on December 5, 2024. This marks a significant milestone in the company’s expansion plans in India, targeting the growing demand for automotive components. The facility, operated by Toyoda Gosei South India Pvt. Ltd., will begin […]
Stephenson Gobin has upgraded its 7,000-square-meter manufacturing facility in Bengaluru, India, by installing four advanced machines to enhance production capacity and efficiency. This investment is aimed at improving machining methods, CNC capabilities, and cutting tool technology. According to an update, the new machinery will align the Bengaluru operations more closely with SG’s facility in the […]
Sterling Tools Limited, through its wholly owned subsidiary Sterling Tech-Mobility Limited, has entered a technical collaboration with Zhejiang Meishuo Electric Technology Co., Ltd., China. The partnership aims to manufacture latching relays in India for applications in the energy sector, industrial grids, and consumer appliances. The collaboration includes an initial investment of ₹20 crore for setting […]
Exide Industries has invested ₹99.99 crore in its wholly-owned subsidiary, Exide Energy Solutions (EESL), through a rights issue, bringing its total investment in the company to ₹3,052.24 crore. The investment retains Exide’s 100% ownership of EESL and supports the subsidiary’s ongoing projects, including a greenfield manufacturing facility in Bengaluru. Established in March 2022, EESL focuses […]
KEC International has announced new orders worth ₹1,040 crore in its Transmission and Distribution (T&D) segment, secured from international markets. The orders include contracts for supplying towers, hardware, and poles to clients in the Americas and constructing 220 kV transmission lines in the Commonwealth of Independent States (CIS) region. The company reported that its year-to-date […]
RHEWUM India Private Limited has inaugurated a new facility in Bengaluru, combining office and warehouse spaces for spare and wear parts alongside a Technology Center for material tests and screening analyses. The facility is strategically located near Bengaluru’s international airport to enhance accessibility and transport efficiency. The new facility is expected to strengthen the company’s […]
