Tejas Networks Limited has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios. The company announced the development on 26 February 2026, stating that the contract expands its collaboration with NEC in the 5G segment. The agreement covers the manufacture and supply of 5G massive MIMO radios. The company did […]
Wipro Kawasaki Precision Machinery Pvt. Ltd., the Indian subsidiary of Kawasaki Heavy Industries, Ltd., has reached 200,000 units in cumulative shipments of hydraulic pumps and hydraulic motors to Indian domestic customers as of 30 January 2026. The milestone marks a doubling of cumulative shipments from 100,000 units recorded in February 2023. “Moving forward, we will […]
MinebeaMitsumi signed a memorandum of understanding (MoU) with the Government of Tamil Nadu to establish a multi-functional semiconductor and advanced precision components manufacturing and research and development (R&D) facility in Tiruvallur. The facility will manufacture insulated-gate bipolar transistor (IGBT) modules and high-precision components for manufacturing and mobility applications. The project is expected to create 1,400 […]
Toyo Ink India Pvt. Ltd. inaugurated the artience Technology and Innovation Centre – India (aTIC-India) at the Indian Institute of Science (IISc), Bengaluru, marking the artience Group’s first research centre outside Japan. aTIC-India has been established in collaboration with the Indian Institute of Science and is located on its campus. The centre is intended to […]
Kato Works Co., Ltd. and Action Construction Equipment Limited (ACE) will establish a joint venture in Haryana, India, with a total capital of INR 2.0 billion to manufacture heavy cranes for domestic and international markets. The new entity, to be named ACE KATO Pvt. Ltd., is scheduled to commence operations in April 2026 following the […]
PPAP Automotive Limited has divested its entire 50 percent equity stake in PPAP Tokai India Rubber Private Limited (PTI) to Tokai Kogyo Co. Ltd. for a cash consideration of INR 1 billion. The transaction was concluded on 13 February 2026 pursuant to a settlement agreement effective from 1 January 2026. According to a press release […]
Mitsubishi Electric India inaugurated a new air-conditioner and compressor manufacturing facility in Chennai, Tamil Nadu, marking an expansion of its local manufacturing footprint and a step toward higher localisation of heating, ventilation and air-conditioning (HVAC) equipment in the country. The facility, located at Gummidipoondi on the outskirts of Chennai, has been developed with an investment […]
Hitachi Energy India Limited held a ground-breaking ceremony at its Savli facility in Vadodara, Gujarat, marking the start of an expansion project for its high-voltage product manufacturing operations. The expansion is intended to support rising domestic demand for power infrastructure and reinforce India’s role in the global supply chain for high-voltage equipment. The Savli facility […]
HORIBA India Private Limited has acquired 100 percent of the shares of Pristine Deeptech Private Limited, an India-based research and development company working on lab-grown diamond technologies for semiconductor and quantum research applications. The acquisition was completed on 14 January 2026 and results in Pristine Deeptech becoming a wholly owned subsidiary of the HORIBA Group. […]
Samvardhana Motherson International Limited said regulatory clearances required for its proposed acquisition of a controlling stake in Japan-listed Yutaka Giken Co., Ltd. have been completed, clearing the way for the launch of a tender offer in early February 2026. The transaction is being executed through the company’s indirect wholly owned subsidiary, Motherson Global Investments B.V. […]
