Japanese companies have invested 3.8 trillion yen in India since 2022, moving closer to the target of 5 trillion yen in public and private investment by 2027. The investment figures were shared during the 48th Joint Meeting of the India-Japan and Japan-India Business Cooperation Committee, organized by the Federation of Indian Chambers of Commerce and […]
Jay Bharat Maruti Limited (JBML) has increased its stake in JBM Ogihara Die-Tech (P) Ltd. (JODT) from 39% to 49% by acquiring an equity stake from joint venture partner Ogihara Thailand Co. Ltd. (OTC). JODT, a joint venture with JBM Auto Ltd. (JBMA) and OTC, manufactures press stamping dies, including high-tensile and critical body-in-white (BIW) […]
ASK Automotive Limited has signed a Technical Assistance and License Agreement with Japan-based Kyushu Yanagawa Seiki Co., Ltd. (KYSK) for the production of high-pressure die-cast alloy wheels for two-wheelers. Under the agreement, KYSK will provide technical expertise and knowledge sharing to support manufacturing. The alloy wheels produced through this collaboration will be supplied to an […]
Suzuki Motor Corp has announced a revised strategy for its operations in India, aiming to achieve an annual production capacity of 4 million vehicles by FY2030. The company outlined this plan in its mid-term management strategy for FY2025-30, released on February 20. The expansion is expected to serve both domestic and export markets, including Europe […]
Murata Electronics (India) Private Limited, a subsidiary of Murata Manufacturing Co., Ltd., has signed an agreement to lease a factory in an industrial park in India, with the handover scheduled for February 2025. The facility will focus on packaging and shipping multilayer ceramic capacitors, with full-scale operations planned for the 2026 fiscal year. The leased […]
Yokohama India has started manufacturing 20-inch tires at its facility in Bahadurgarh, Haryana. The expansion is aimed at meeting the increasing demand for larger tires, driven by the growing SUV and premium vehicle segment. The company has introduced the Geolandar X-CV (G057), a tire designed for luxury SUVs, featuring an asymmetric tread pattern, advanced silica […]
Nidec Industrial Automation India Private Limited, a subsidiary of Nidec Corporation, is nearing completion of its new manufacturing campus in Hubli-Dharwad, Karnataka. The facility, which broke ground in September 2023, is expected to be completed by October 2025. The company has allocated an investment of approximately Rs 450 crore ($55 million) for the project. The […]
Yanmar, a Japanese machinery manufacturing company, has consolidated its operational requirements for South India with a new facility spanning approximately 2.45 lakh square feet. The facility, developed in collaboration with Welspun One, is designed to support industrial operations and includes sustainability features such as rainwater harvesting, solar panels, and greenbelt development to reduce environmental impact. […]
Toyota Kirloskar Motor (TKM) is increasing its manufacturing capacity in Karnataka with the establishment of a third plant, adding an annual production capability of 100,000 units and generating 2,000 new jobs. The investment, announced in November 2023, is part of TKM’s broader expansion in the state, where it has operated for over 25 years. The […]
Daiki-Axis India has signed a Memorandum of Understanding (MoU) to set up its third manufacturing facility in Karnataka’s Japanese Industrial Township. The expansion involves an investment of over ₹100 crore. The new facility will focus on the production of decentralized packaged sewage treatment plants (STPs) utilizing Johkasou technology. The company aims to enhance its wastewater […]
