ZF Commercial Vehicle Solutions (CVS) India has inaugurated an Electronic Stability Control (ESC) test track in Chennai, aimed at advancing vehicle safety and performance testing. The facility, certified by TÜV Rheinland and ARAI, complements the company’s existing ABS test track. The ESC test track features a 200-meter diameter dynamic pad with a 0.9 µ surface […]
Tata Electronics has reached an agreement to acquire a 60% stake in Pegatron’s iPhone manufacturing facility in Chennai, India, according to sources familiar with the matter. The Taiwanese company will retain a 40% share and provide technical support under the new joint venture, with Tata assuming operational control. The Chennai facility, which employs approximately 10,000 […]
Raghu Vamsi, a manufacturing company based in Hyderabad, announced the acquisition of PMC, a precision machining and engineering services provider. The deal aims to expand Raghu Vamsi’s operational capabilities in high-precision manufacturing for aerospace and defense sectors. The acquisition aligns with the company’s strategic growth plan in advanced manufacturing technologies and its commitment to serve […]
Allison Transmission has announced a $100 million (Rs 833 crore) investment to expand its manufacturing facility in Chennai, India. The multi-year project will add 200,000 square feet to the facility, doubling its current production footprint. The expansion is scheduled to complete in 2025, with full operational capacity expected by 2027. The increased capacity will support […]
Ford Motor Company is evaluating changes in its strategy for its Chennai plant, with potential plans to focus on hybrid and internal combustion engine (ICE) vehicle components in addition to electric vehicles (EVs). This approach comes as the company assesses market volatility, particularly in China and Southeast Asia, which has affected EV demand. Sources indicate […]
Bharat Forge Limited has announced a definitive agreement to acquire AAM India Manufacturing Corporation Private Limited (AAMIMCPL), a subsidiary of American Axle & Manufacturing Holdings, Inc. (AAM), for an enterprise value of Rs. 5,445.30 million, pending customary closing adjustments and regulatory approvals. Established in 2008, AAMIMCPL manufactures axles for light, medium, and heavy-duty commercial trucks […]
Safran Data Systems has expanded its operations in India with the opening of a new facility in Chennai. The facility is part of the company’s broader effort to enhance its presence in the country’s aerospace and defense sectors, specifically in telemetry, tracking, and communications solutions. The newly inaugurated facility is expected to bolster local capabilities […]
Renault Nissan Technology & Business Centre India (Renault Nissan Tech) has opened a new office in Chennai, Tamil Nadu, as part of its expansion plans. The office, located at Ascendas IT Park in Mahindra World City SEZ, spans 138,000 square feet and will accommodate 2,000 additional employees. This expansion was announced during the Tamil Nadu […]
Cisco has inaugurated its first manufacturing facility in India, located in Chennai, as part of a broader investment plan projected to generate over USD $1.3 billion annually from exports and domestic production. The facility, developed in collaboration with Flex (NASDAQ:FLEX), will initially focus on the production of Cisco’s Network Convergence System (NCS) 540 Series routers. […]
Symrise has announced the inauguration of its first cosmetic ingredients manufacturing facility in Chennai, Tamil Nadu, India. This cutting-edge facility will produce a diverse range of high-quality ingredients, catering to the Indian market and marking a significant milestone in Symrise’s growth strategy across the Asia-Pacific region. The facility was officially opened on September 3, 2024, […]
