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Jindal India gets nod for Rs 36 bn steel plant in Odisha
Jindal India Steel Tech Ltd plans to invest a total of Rs 150 billion in Odisha in three phases by 2030, with the current Rs 36 billion investment marking the first phase of the project.Read more
Minda Corp, Toyodenso Form JV for Automotive Switches
The joint venture will set up a greenfield facility in Noida (Uttar Pradesh) with operations expected to commence in the second half of FY 2026–27Read more
China’s Rare Earth Elements Curb Jolts Indian Auto Sector into Action
While Rare Earth Elements (REE) based components are utilised in traditional ICE vehicles, the production of EVs is fundamentally reliant on them—without REEs, manufacturing an EV is virtually impossible, says CareEdge Ratings’ report.Read more
Global industrial robot shipments down in 2024, recovery likely in 2025
As investment cycles pick up and demand stabilises across key industries, 2025 could mark the beginning of a new growth phase, albeit one characterised by tighter margins and more nuanced competition, says Samantha Mou, Research Analyst, Interact Analysis.Read more
Setco Automotive launches load cushion and torque rod bush
Designed to perform in challenging conditions, these suspension components are engineered to enhance vehicle stability, ride quality, and shock absorption. Read more
Setco Automotive Broadens MHCV Suspension Range with New Components
Setco Automotive, a leading Indian MHCV component manufacturer, launches Load Cushion and Torque Rod Bush, enhancing its suspension offerings for trucks, buses, and trailers.Read more
Hindalco acquires US-based AluChem Companies for $ 125 mn
With the acquisition of AluChem, Hindalco has become the first Indian company to enter into low soda Tabular Alumina, expanding access to precision engineered materials.Read more
Cyient Semiconductor, MIPS partner for RISC-V power solutions in key sectors
Cyient Semiconductor and MIPS partner to co-develop RISC-V-based intelligent power solutions for automotive, industrial robotics, and AI-driven power delivery systems.Read more
Texmaco and Rail Vikas Nigam join forces to modernise India's rail infra
Two companies plan to set up a state-of-the-art wheelset manufacturing unit to improve domestic supply chains and reduce import dependence.Read more
DiFACTO Robotics acquires RoboFinish Division from Grind Master
RoboFinish portfolio, which includes robotic grinding, finishing, deburring, and machining technologies, presents significant synergies with DiFACTO’s existing offerings, strengthening its position in the market.Read more