LATI and LOXIM have announced the formation of LATI-LOXIM Thermoplastics Private Limited, a joint venture (JV) focused on the engineering plastics market in India. The new entity was established following the spin-off of LOXIM’s Engineering Compounds division. The collaboration aims to address demand in sectors including electrical and electronics, household appliances, automotive, and e-mobility. The […]
Construction technology company Hilti’s production plant and multipurpose building in Vadodara, India, have received the Gold Rating from the German Sustainable Building Council (DGNB). This is the first time a building in India has achieved this rating. The DGNB certification is a recognized standard for sustainability in the construction industry and evaluates buildings on environmental, economic, […]
Solarium Green Energy Limited, a provider of turnkey solar solutions, plans to establish a solar module manufacturing facility with an annual production capacity of approximately 1000 MW in Ahmedabad, Gujarat. The project involves an estimated capital expenditure of INR 700 million, in addition to the required working capital, and will be financed through a debt-to-equity ratio […]
Micron Semiconductor Technology India Pvt Ltd (MSTI) and Hubballi Durable Goods Cluster Private Ltd (Aequs Group) have received approval to set up Special Economic Zone (SEZ) facilities for semiconductor and electronics component manufacturing. Micron’s facility will be located in Sanand, Gujarat, covering 37.64 hectares with an estimated investment of INR 130 billion. Aequs will establish […]
Schneider Electric Infrastructure Limited (SEIL), a manufacturer of products and solutions for electricity distribution, has announced capacity expansion plans at its manufacturing facilities in Vadodara and Kolkata, targeting completion by FY 2026–27. The total investment across both plants is expected to be approximately INR 2 billion, with funding primarily through internal accruals. At the Vadodara […]
Hi-Tech Pipes Limited, a manufacturer of a range of steel products, is in the advanced stage of commissioning two production facilities: a greenfield plant at Sikandrabad in Uttar Pradesh and a brownfield expansion of its Sanand Unit-II Phase II in Gujarat. Both facilities are designed to manufacture high-end specialized tubes and pipes for domestic and […]
Batliboi Limited, an industrial manufacturing company, has completed a capital expenditure of INR 250 million in FY25 across its foundry, machine tool, and air engineering divisions at its Udhana, Surat manufacturing facilities. The company expects the benefits of this investment to begin contributing to revenue and profitability from the second quarter of FY26. According to […]
NBI Bearings, a manufacturer of high-precision bearings, has commenced construction of a new bearing manufacturing facility in Ahmedabad, India. The project covers a total area of 13,800 square metres and forms part of the company’s ongoing investment plan to expand production capacity and meet increasing market demand. The facility will include automated grinding lines, offices, a […]
Kores India Ltd, a manufacturer of industrial castings, has inaugurated a new manufacturing foundry in Halol, Gujarat. The facility spans 12,000 square meters of built up area and is equipped with a tight flask moulding system and a sand preparation plant. The moulding line includes pouring, cooling, and shakeout systems installed on a mezzanine floor. […]
Autoline Industries Limited, a manufacturer of sheet metal auto components, assemblies, and sub-assemblies, has projected stronger financial performance for FY26, driven by full-scale utilization of newly commissioned manufacturing facilities in Pune and Sanand. These facilities, equipped with Industry 4.0 features, are expected to enhance production capabilities and operational efficiency. The company also has a diversified […]
