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Lumax Auto Tech to fully acquire IAC India, boosting auto interiors presence

IAC India operates five manufacturing plants across India, with two located in Chakan, Pune, and one each in Manesar, Nashik, and Bangalore. It also houses a state-of-the-art engineering centre in Pune.Read more

John Cockerill and Electro Pneumatics sign JV to strengthen India’s defence system

The JV will focus on manufacturing, assembling, and commissioning turrets for the Indian Army’s Indian Light Tank (I.L.T) program, a critical initiative aimed at enhancing India’s defence capabilities in extreme and challenging terrains. Read more

Visteon unveils technical centre in Kolkata

The centre will initially seat 300 engineers by the end of 2026, with plans to scale up to 500+ engineers in the next two to three years. Read more

SAIL partners with John Cockerill for green steelmaking technologies

This partnership comes as SAIL continues to navigate market challenges, reporting a 31% decline in consolidated net profit to Rs 8.97 billion in the September quarter, attributed to lower income and subdued demand. Read more

John Cockerill and Greenko to invest Rs 28 billion in electrolyser facility

Michel stated the plant will have an annual capacity of producing 2 gigawatts of electrolysers, which are essential for producing green hydrogen by splitting water into oxygen and hydrogen using renewable energy.Read more

Dabur & Jubilant Group eye 40% stake in Coca-Cola India's bottling arm HCCB

HCCB, which handles Coca-Cola's bottling operations in southern and western India, reported a 40% year-on-year revenue increase to Rs 128.4 billion in FY23, with net profits more than doubling to Rs 8.09 billion.Read more

An integrated approach to create a resilient supply chain

In this concluding article of the 3-part series, R Jayaraman explains the importance of adopting an integrated approach for creating a resilient supply chain (RSC).Read more

Visteon to invest $ 20 million to localise backlight manufacturing in India

The new facility is part of Visteon’s overall plans for the Indian market, particularly in the cockpit electronics segment. “India is going to be our first market where we’re investing in vertical integration of display manufacturing,” said President, CEO, Sachin LawandeRead more

Hindustan Coca-Cola Beverages achieves carbon neutrality in its Karnataka plant

This achievement aligns with HCCB’s ambition to reach Net Zero by 2050 and to reduce its greenhouse gas (GHG) emissions across its value chain by 25% by 2030.Read more

L&T Technology Services supports Marelli in revolutionizing automotive infotainment

Company’s innovative SDV solutions built on AWS & Snapdragon Cockpit Platform from Qualcomm, cuts software development and prototype costs. The groundbreaking solution was showcased at the Consumer Electronics Show (CES) 2024, held in Las Vegas in January 2024. Read more

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