Syrma SGS Technology Limited has entered into a strategic joint venture with Italy-based Elemaster S.p.A Tecnologie Elettroniche to establish a dedicated platform for high-reliability electronics manufacturing in India. The venture, named Syrma SGS Elemaster Private Limited, will be based at Bommasandra Industrial Area in Bengaluru, with an initial facility of about 20,000 square feet. The […]
SGD Pharma, a producer of moulded and tubular glass for pharmaceutical primary packaging, has signed an agreement with Italian private equity firm Entangled Capital to acquire Alphial S.r.l., a manufacturer of tubular vials and ampoules based in Italy. Alphial employs more than 220 people across four manufacturing sites. The transaction is subject to Italian foreign […]
Simem, a manufacturer of concrete batching plants, has announced that its new factory in Vadodara, Gujarat, is now fully operational and has begun producing concrete batching plants. The facility, which adds to the company’s existing operations in India, is positioned to expand capacity for both domestic and international markets. The company established its operations in […]
Tata Motors has reached a definitive agreement to acquire the commercial vehicle operations of Iveco Group in an all‑cash EUR 3.8 billion transaction, excluding Iveco’s defence business. The offer will be made through a wholly owned subsidiary, contingent upon completion of the defence‑unit separation, which will be acquired by Italian defense and space company Leonardo. […]
Atos Group, a manufacturer of smart electrohydraulics, has begun construction on a new 100,000-square-foot manufacturing facility in Ahmedabad, India. The site will serve as both a production plant for electrohydraulic components and a service center, with plans to employ over 40 professionals. The facility aims to support manufacturing and after-sales services focused on electrohydraulics and valve […]
Pricol Limited, a manufacturer of precision-engineered automotive products, has entered into a five-year technology licensing agreement with Domino S.r.l., an Italian manufacturer of control components for two- and three-wheelers. Under the agreement, Pricol will manufacture, distribute, and sell switches, throttles, and related products for original equipment use in two-wheelers across India and Southeast Asia. As part […]
Simem India, a manufacturer of equipment for concrete batching and mixing, has completed construction of a new manufacturing facility in Vadodara, Gujarat. The site is now operational, with teams assembling core modules and preparing for initial dispatches from the plant. The facility includes assembly lines, workshops, and storage areas, and has been configured to accommodate potential […]
MEI, an optical machinery manufacturer based in Italy, has inaugurated a new fully automated lens edging and finishing facility in Bengaluru, India. The launch also marks the official establishment of its Indian subsidiary. The facility features machinery capable of cutting and processing up to eight lenses simultaneously. It supports various lens types, including rimless and supra […]
Rinac India Limited, a provider of cold chain and temperature-controlled infrastructure solutions, today formally announced a strategic partnership with Epta, a Milan-headquartered provider of commercial refrigeration systems for the retail, hotel, restaurant, catering (Ho.Re.Ca.), and food & beverage sectors. “Our partnership with Rinac enables us to localize advanced European refrigeration systems with unmatched after-sales support,” […]
Winoa-2Effe, the joint venture between Winoa and 2-Effe Engineering, has completed one year of operations at its shot peening center in Pune, India. Since its inauguration in June 2024, the facility has expanded its technical capabilities and team while focusing on strengthening its machine base and quality systems. Looking ahead, Winoa-2Effe is prioritizing two initiatives: […]
