Igus, a manufacturer of motion plastics, has opened a new 92,000 sq ft manufacturing facility near Budigere in Bengaluru, India. This expansion, which includes over ₹100 crores (approximately 12 million euros) in investment, aims to enhance the company’s production capabilities to support growing demand in sectors like semiconductors and renewable energy. The facility is part […]
Godrej & Boyce has acquired Bengaluru-based Armes Maini, a manufacturer of storage shelving systems and mezzanine structures. This acquisition is aimed at enhancing Godrej’s intralogistics capabilities, addressing the increasing demand in India’s logistics and warehousing sector. The acquisition includes a modern manufacturing facility located on the outskirts of Bengaluru. The facility spans 150,000 square feet […]
AJAX Engineering Ltd. has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The company plans to offer up to 2.28 crore equity shares, each with a face value of Re 1. The IPO will consist solely of an offer for sale (OFS) […]
Toyoda Gosei Co., Ltd. has announced plans to open a new manufacturing facility in Harohalli, Bengaluru South District, Karnataka, as part of its expansion in the country’s growing automobile sector. The new plant, operated by Toyoda Gosei South India Pvt. Ltd., will begin production in 2026, focusing on safety systems such as airbags and steering […]
Online Instruments India Pvt. Ltd. has opened a new facility in Dabaspete, Bengaluru, to manufacture CKD Interactive Flat Panel Displays (IFPDs). The plant, which covers 3 acres, is equipped with semi-robotic technology and has a production capacity of 400 units per day. These displays are intended for use in smart classrooms, as well as other […]
The partnerships were announced at the Bengaluru Space Expo 2024 and involve Ananth Technologies, a prominent aerospace and defense manufacturer, and Digantara, a full-stack space infrastructure company specializing in space operations and traffic management. These collaborations are key to the upcoming Space MAITRI (Mission for Australia-India’s Technology, Research, and Innovation) initiative and will play a […]
Karnataka’s Department of Electronics, Information Technology, Biotechnology, and Science & Technology (ITBT) is set to highlight the state’s impressive advancements in space technology at the Bengaluru Space Expo 2024. Priyank Kharge, Minister for IT, BT, Rural Development, and Panchayat Raj, inaugurated the event, underscoring Karnataka’s role as a national leader in the space sector. “Karnataka […]
Airbus (AIR.PA) hosted its first-ever Sustainable Supply Chain Conference in Bengaluru last week. The event brought together the company’s supply chain partners to discuss the future of supply chain resilience and sustainability in India. The event, aimed at fostering collaboration, featured in-depth discussions on sustainable practices and innovation within the aerospace industry. The conference focused […]
