Manufacturing

Leroux says strategic acquisition to serve global markets Pittsburgh, Pennsylvania-headquartered Wabtec Corporation (NYSE: WAB) has strengthened its position in the Indian rail industry with the US$34 million acquisition of railway friction business of MASU, a leading manufacturer of automotive and...

Collaboration to provide more efficient semiconductor designs, says Bagalkotkar Synapse Design, a QuEST Global company with design centers in the US, India, China, Japan, Malaysia and Vietnam, has joined the Taiwan-based Design Center Alliance (DCA) program of TSMC Open Innovation...

MOL completes KCL acquisition Ahmedabad's Meghmani Organics Ltd (MOL), with offices in Brazil, China and the United States, is committed to execute its overall capex guidance of Rs.620 crores by Q2 FY23 and double Titanium Dioxide (TiO2) capacity to 33,000...

A new Nashik factory planned for the international spice markets Mumbai-headquartered Foods & Inns Limited (FIL), with an international warehouse in the Netherlands and a global footprint, aims to grow sales at a CAGR of 15% for six years over...

Acquisition provides local presence, know-how and customer base Wavin B.V., a global solutions leader for the Building and Infrastructure industry and an Orbia business, will acquire a majority stake in Vectus Industries Limited, a privately-held manufacturer of plumbing and drainage...

Bhagwat says Indian business activities to support Phoenix Contact acquisition Pune's Renu Electronics has announced the acquisition of Phoenix Contact HMI IPC Technology GmbH to form Renu Electronics GmbH, a 100% subsidiary for manufacturing and product development in Germany to...

DRDO's India-built missile has a range of 150-500 km The Defence Research and Development Organisation (DRDO) has flight tested indigenously developed surface-to-surface missile ‘Pralay’ from Dr A P J Abdul Kalam Island off the coast of Odisha on 22 Dec...

Plans include a new plant in South India following the success of $4.5m from Series A Pune's Pi Green Innovations, which has technology patents granted in the USA, UK, China, EU and Singapore, said the US$4.5 million in Series A...

Bilateral trade up 40%/y in 10 months India can be a leading source of material input for Vietnamese industries such as textiles and garments, shoes and leather as well as manufacturing, while the Indian market can be a major export...

Scheme to support 300 startups, MSMEs, innovators The Department of Defence Production has approved a central sector scheme viz. Innovations for Defence Excellence (iDEX) with budgetary support of Rs.498.78 crore for the next 5 years from 2021-22 to 2025-26, Minister...