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Bharat FIH shuts R&D and supply chain subsidiary amid revenue decline

In 2021, Bharat FIH had established two subsidiaries—Bharat Taiwan Corporation and Rising Stars Hi-Tech—to enhance research, product development, and engineering capabilities. Read more

Balu Forge and Swan Energy partner for railways, defence, and aerospace ventures

According to an exchange filing, BFIL will hold a 40% stake in the SPV, with SEL taking the remaining 60%. Read more

Port delays and regulations strain India’s steel user industries: GTRI

Policies designed to protect domestic steelmakers, such as import restrictions and quality control measures, have inadvertently hurt industries dependent on imported steel, undermining their production and export capacities.Read more

Setco Auto reports record-breaking H1 FY25 revenue and EBITDA growth

The EBITDA margin for Q2 FY25 stood at 16.2%.Read more

Mahindra’s Thar ROXX, XUV 3XO, and XUV400 earn 5-Star Bharat-NCAP rating

Thar ROXX has made history by becoming the first body-on-frame SUV to secure a 5-star Bharat-NCAP rating, achieving the highest overall score by any ICE vehicle in Bharat-NCAP testing.Read more

Epigral Limited to expand CPVC and Epichlorohydrin facilities

With this expansion, Epigral's total CPVC resin capacity will be elevated as the largest resin facility in the world and Epichlorohydrin will be the largest facility in India. Read more

Lubrizol and Polyhose ink MoU to manufacture medical tubing in Chennai

This agreement reinforces Lubrizol’s commitment to Make-In-India and broadens a previously committed $350 million investment to support local manufacturing.Read more

o9 and Valeo to drive digital transformation with seven year partnership

This partnership between o9 and Valeo is the result of Valeo’s effort to consistently improve its operations for better competitiveness and enhanced service to its customers.Read more

ISRO, IIT-M partner to launch Centre of Excellence in Fluid and Thermal Sciences

This new centre will serve as a hub for analysing, designing, and testing spacecraft components, leveraging the expertise of IIT-M faculty.Read more

Aditya Birla Group eyes further investments in US manufacturing and R&D

Aditya Birla Group, a prominent player in the U.S. metals and chemicals sectors through subsidiaries like Novelis and Aditya Birla Chemicals, announced a $50 million investment earlier this year for a new manufacturing and R&D center in Texas.Read more

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