EKI Energy Services has announced an investment in Tvasta Manufacturing Solutions, a Chennai-based company engaged in additive manufacturing. The move involves a minor equity stake and is intended to generate returns on EKI’s surplus funds. The partnership is expected to be formalised by April 30, 2025. Founded in 2016 by Adithya Jain, Parivarthan Reddy, and […]
Dixon Technologies has signed a memorandum of understanding with the Tamil Nadu government to establish a laptop manufacturing facility in Oragadam, near Chennai. The project, involving an investment of approximately INR 10 billion, will manufacture laptops and all-in-one PCs for HP Inc. The facility is expected to generate over 5,000 new jobs, according to information […]
Yazaki has commenced development of a 316,000 square foot manufacturing facility in Chengalpattu, Chennai, in partnership with Horizon Industrial Parks. The new unit will support Yazaki’s wire harness production operations for original equipment manufacturers (OEMs) in India and is expected to employ over 2,000 people. This plant marks Yazaki’s third facility developed in collaboration with […]
German fan and motor manufacturer ebm-papst has announced an investment of INR 3.40 billion in a new manufacturing facility in Chennai. The plant, which will be the company’s third in India, is expected to be completed by the end of 2026. It will support operations serving the Asia-Pacific, Middle East, and Africa (APAC & MEA) […]
PennWhite India Private Limited, a subsidiary of UK-based PennWhite Limited, has announced plans to set up a manufacturing facility in Oragadam, Tamil Nadu. The plant will focus on producing foam control chemicals to meet demand in India and the wider Asian market. The company has signed a long-term lease for land and a building where […]
Yield Engineering Systems, Inc. (YES) has commenced shipments of its VeroTherm Formic Acid Reflow tool from its manufacturing facility in Sulur, near Coimbatore, Tamil Nadu. The equipment has been delivered to a global semiconductor manufacturer, according to a press release issued by the company. The VeroTherm tool is designed for advanced semiconductor applications, including High […]
Private companies now account for 21% of India’s total defence production, contributing to the sector’s growth, which reached INR 1.27 trillion (USD 15.2 billion) in the financial year 2023-24, according to a press release from the Ministry of Defence. More than 430 licensed private firms and approximately 16,000 small and medium-sized enterprises are engaged in […]
TCPL Packaging has inaugurated a new manufacturing facility near Chennai, expanding its production capacity for paperboard cartons. The new facility is intended to improve logistics and service capabilities, particularly for customers in southern India. The company stated that this expansion aligns with its broader strategy to enhance operational efficiency and strengthen its footprint in key […]
Bull Machines, a Coimbatore-based manufacturer of backhoe loaders, is set to expand its production capacity, doubling its output from 4,500 to 9,000 units per year. The company plans to achieve this target in the 2025-26 financial year, with an initial investment of INR 1.2 billion as part of a phased expansion strategy. The project was […]
TuTr Hyperloop, an Indian Institute of Technology Madras (IIT Madras)-incubated company, has entered into multiple agreements with international stakeholders to advance hyperloop technology development in India. In a collaboration between Indian and German institutions, IIT Madras, TuTr Hyperloop, the Technical University of Munich (TUM), and Neoways Technologies GmbH (NEO) have signed a Memorandum of Understanding […]
