Toyoda Gosei Co., Ltd. held a bhoomi-poojan (groundbreaking ceremony) for its new manufacturing facility in Harohalli, Bengaluru South District, Karnataka, on December 5, 2024. This marks a significant milestone in the company’s expansion plans in India, targeting the growing demand for automotive components. The facility, operated by Toyoda Gosei South India Pvt. Ltd., will begin […]
Stephenson Gobin has upgraded its 7,000-square-meter manufacturing facility in Bengaluru, India, by installing four advanced machines to enhance production capacity and efficiency. This investment is aimed at improving machining methods, CNC capabilities, and cutting tool technology. According to an update, the new machinery will align the Bengaluru operations more closely with SG’s facility in the […]
Sterling Tools Limited, through its wholly owned subsidiary Sterling Tech-Mobility Limited, has entered a technical collaboration with Zhejiang Meishuo Electric Technology Co., Ltd., China. The partnership aims to manufacture latching relays in India for applications in the energy sector, industrial grids, and consumer appliances. The collaboration includes an initial investment of ₹20 crore for setting […]
Exide Industries has invested ₹99.99 crore in its wholly-owned subsidiary, Exide Energy Solutions (EESL), through a rights issue, bringing its total investment in the company to ₹3,052.24 crore. The investment retains Exide’s 100% ownership of EESL and supports the subsidiary’s ongoing projects, including a greenfield manufacturing facility in Bengaluru. Established in March 2022, EESL focuses […]
KEC International has announced new orders worth ₹1,040 crore in its Transmission and Distribution (T&D) segment, secured from international markets. The orders include contracts for supplying towers, hardware, and poles to clients in the Americas and constructing 220 kV transmission lines in the Commonwealth of Independent States (CIS) region. The company reported that its year-to-date […]
Kirloskar Ferrous Industries Limited has announced the commencement of operations at its new oxygen plant located in Bevinahalli Village, Koppal district, Karnataka. The facility, designed with a production capacity of 3,000 Nm³ per hour using VPSA (Vacuum Pressure Swing Adsorption) technology, became operational on November 15, 2024. The oxygen produced at the plant will be […]
Climaveneta Climate Technologies, a subsidiary of Mitsubishi Electric, has announced a significant investment exceeding INR 400 crore in a new manufacturing facility in Narsapura, Kolar district, approximately 50 km from Bengaluru. This plant will serve as a production hub for various types of central air-conditioning equipment, including screw chillers, magnetic levitation technology chillers, scroll chillers, […]
Aequs Infra has launched a manufacturing ecosystem for fast-moving consumer goods (FMCG) within the Hubballi Consumer Goods Cluster (HDC) in North Karnataka. The company aims to increase production capacity and facilitate domestic and international market access for companies operating in the region. The FMCG Manufacturing Ecosystem, part of a larger initiative by Aequs Infra, aims […]
The South Central Railway (SCR) has committed approximately ₹83,000 crore to infrastructure projects aimed at enhancing rail services and connectivity across Telangana and Karnataka. The progress of these initiatives was reviewed recently by Union Coal and Mines Minister G Kishan Reddy and 10 Members of Parliament within the SCR jurisdiction, with a focus on improvements […]
ACME Platinum Urja has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for the delivery of electricity from a 150 MW hybrid solar project. The project forms part of a larger 350 MW capacity awarded to ACME Solar Holdings (ASHL) by SECI. The PPA includes provisions for energy […]
