Oerlikon inaugurated an extension to its regrinding and forming tools operations in Ahmedabad. The development is aimed at strengthening local service capabilities to address increasing demand for tool reconditioning and coated tools in the western region of India. The extension enhances the company’s ability to handle complex and high-volume requirements through expanded CNC regrinding capabilities. […]
Sigma Advanced Systems Limited has completed the divestment of its entire 36.52 percent equity stake in Extrovis AG, a Switzerland-based pharmaceutical company. The transaction generated USD 15 million, providing additional financial flexibility as the company expands its aerospace and defence operations. The proceeds from the divestment amount to approximately INR 1.3761 billion. The company said […]
izmo Microsystems Private Limited announced on 16 March 2026 that it has signed a memorandum of understanding (MoU) with Switzerland-based CCRAFT SA and Spain-based Alcyon Photonics SL to jointly design, produce, and commercialise photonic integrated circuit (PIC) systems for datacom, telecom, aerospace, and sensor markets. The agreement establishes a framework for collaboration across chip design, […]
ABB is expanding its manufacturing footprint in Bengaluru through new facilities aimed at supporting sectors including data centres, metro systems, renewable energy, infrastructure and metals. The company has begun construction of an integrated Motion facility in Peenya and inaugurated the Electrification and Automation Nelamangala Campus 2 on Kunigal Road. The expansion includes new shopfloors, additional […]
ABB India Limited announced on 09 March 2026 that it will invest about USD 75 million in India during 2026 to expand its manufacturing footprint and research and development capabilities across multiple locations. The investment will support production and technology development for electrification and automation solutions used in sectors such as renewable energy, metro rail, […]
Ammann India Private Limited has commenced production of the ARW 65 walk-behind roller at its manufacturing facility in Mehsana, Gujarat, expanding its locally manufactured compact equipment portfolio. The start of production reflects the company’s focus on localisation to support infrastructure and construction demand in India. The ARW 65 is a compact walk-behind roller intended for […]
Stäubli, a Switzerland-headquartered industrial and mechatronic solutions provider with operations across electrical connectors, fluid connectors, robotics and textile machinery, has expanded its manufacturing facility in Bangalore with an investment of USD 10 million to strengthen local production of solar photovoltaic (PV) connectors. The expansion is aimed at supporting rising demand from India’s renewable energy sector […]
ABB India Limited has completed a modernisation programme for Bharat Petroleum Corporation Limited’s Vadinar–Bina crude oil pipeline, upgrading supervisory control, automation, monitoring and cyber security systems across the 935 kilometre cross-country asset connecting Gujarat and Madhya Pradesh. The project was executed without any shutdowns, allowing uninterrupted pipeline operations and continued crude supply to the Bina […]
ABB announced the dispatch of its first locally manufactured wind power converter from its Nelamangala facility near Bengaluru on 19 January 2026, following its acquisition of Gamesa Electric’s power electronics business in December 2025. The equipment was delivered to a wind turbine original equipment manufacturer, marking ABB’s entry into local manufacturing of wind power converters […]
Aptiv PLC has secured an agreement with a global commercial vehicle original equipment manufacturer to supply its sixth-generation Advanced Driver Assistance System (ADAS) for future trucks and buses to be sold in India. The programme is aligned with India’s safety regulations scheduled to take effect in 2027 and will be implemented across multiple vehicle models […]
