Minda Corporation Limited, a manufacturer of auto components, has signed a joint venture agreement with Japan-based Toyodenso Co. Ltd. to manufacture and sell advanced automotive switches in India. The new joint venture company will be established with Minda Corporation holding a 60 percent stake and Toyodenso holding the remaining 40 percent. Operations are expected to […]
Fujitsu General Limited, a manufacturer of appliances and electronics, is set to transfer the power modules business of its consolidated subsidiary, Fujitsu General Electronics Limited (FGEL), to L&T Semiconductor Technologies Limited (LTSCT). The transfer, valued at approximately JPY 2 billion, is scheduled for June 23, 2025. As part of the arrangement, production facilities related to […]
Nidec Global Appliance, part of the Appliance, Commercial and Industrial Motors (ACIM) business unit, will begin manufacturing Embraco compressors in India at a new facility in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra. The plant represents an investment of over USD 120 million and is scheduled to start operations in the second half of 2026. The facility […]
Vardhman Special Steels Limited (VSSL), a manufacturer of special and alloy steels, and Aichi Steel Corporation have announced plans to establish a new special steel manufacturing facility in India with an estimated investment of INR 20 billion. The upcoming plant will have a production capacity of 500,000 tonnes per annum and will incorporate Japanese technology […]
India and Japan have discussed expanding maritime cooperation across shipbuilding, port development, and maritime training during a bilateral meeting between Indian Minister of Ports, Shipping and Waterways Sarbananda Sonowal and Japan’s Vice Minister for International Affairs Terada Yoshimichi. The meeting, held in Oslo, Norway, also covered potential investments by Japanese shipyards, employment of Indian seafarers, […]
Maruti Suzuki India Limited has entered into a Memorandum of Understanding with the Japan External Trade Organization (JETRO) to promote cross-border startup collaboration between India and Japan. The agreement aims to facilitate access to startup ecosystems in both countries and support joint business opportunities. Under the agreement, startups in India selected through Maruti Suzuki’s innovation […]
Nidec, a manufacturer of motors and generators, has inaugurated a new manufacturing facility with an investment of INR 6 billion at the Dharwad-Beluru Industrial Area in Hubballi, Karnataka. The site, named The Orchard Hub, marks a significant expansion of the company’s operations in India. The plant is expected to support sectors including electric vehicles, data centres, renewable […]
Cooper Corporation, a manufacturer of engines, engine components, and generators, has commenced large-scale exports of gas-powered gensets to the United States and Japan. The shipments include gensets ranging from 5 kVA to 500 kVA, each approved by the US Environmental Protection Agency (EPA). According to the company, its 10 kVA and 25 kVA gas gensets have […]
Oiles Corporation, a manufacturer of bearings, has announced plans to construct a second manufacturing facility for its Indian subsidiary, Oiles India Private Limited, in Neemrana, Rajasthan. The project involves an investment of approximately INR 3.3 billion (about JPY 5.5 billion) and is scheduled to begin construction in June 2025, with operations expected to start in […]
Hitachi India Pvt. Ltd. has announced the appointment of N Venu as its Managing Director, effective June 2, 2025. Venu will continue in his current roles as Managing Director & CEO of Hitachi Energy India Limited and Region Head of South Asia at Hitachi Energy. The appointment follows the elevation of Bharat Kaushal to the […]