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BPCL approves JV with Sembcorp Green Hydrogen India and GPS Renewables

BPCL will hold a 50% stake in each joint venture, aiming to accelerate its energy transition and meet its net-zero goals.Read more

EGLA acquires 40% stake in Kumar Precision Stampings; signs China JV

EuroGroup Laminations specialises in key components for electric motors and generators, serving major automotive and industrial clients such as Volkswagen, Renault, Ford, GM, and a significant U.S.-based electric vehicle (EV) manufacturer. Read more

NSK Steering Systems to be renamed Rane Steering Systems after RHL buy out

Despite the change in ownership, the company will maintain its existing technology license and supply agreements with NSK Steering & Control, Inc.Read more

Minda Corporation forms JV with Taiwan’s HCMF for sunroof and closure technology

The JV aims to provide cutting edge technology backed by the state-of-the-art manufacturing of sunroof and closure technology products for passenger cars by localisation in India.Read more

Taurus and Jindal Defence JV starts small Arms Pilot production

Under the guidance of Taurus’ expert team from Brazil, the Indian facility has commenced the production of pilot batches of firearms in March 2024Read more

JSW Group, MG Motor India to launch JV on March 20, Eye Rs 5000 cr investment

The aim of the joint venture is to increase its manufacturing and retail footprint in India. JSW Group is a domestic multinational conglomerate while MG Motor India is owned by Chinese automotive manufacturer SAIC MotorRead more

Tata Power, Indian Oil forms JV to deploy over 500 EV charging points in India

The planned charging points will be strategically placed in key cities like Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as along major highways.Read more

JSW Group enters JV with SAIC Motor for EV manufacturing in India

The newly established entity, in which JSW Group will hold a 35% stake. The remaining ownership distribution is yet to be finalised.Read more

Global MRO Giant StandardAero explores JV in India with surging aviation growth

Safran, a French engine manufacturer, plans to establish its largest MRO facility for commercial aircraft engines in Hyderabad by 2025.Read more

HAL forms JV with France’s Safran Helicopter Engines for helicopter engines

The initial focus of the joint venture is directed towards creating engines for the Indian Multi-Role Helicopter (IMRH) and the Deck-Based Multi-Role Helicopter (DBMRH).Read more

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