MANUFACTURING Raymond Starts Second Century With Demerger-Led Transformation

Raymond Ltd, has entered its second century with a transformed corporate structure following the demerger of its three independently listed entities as Lifestyle, Real Estate and Engineering businesses. It is a move that the flagship company of the Raymond Group describes it as the most consequential strategic decision in its recent history. The restructuring is […]

CW Bureau · Jun 23, 2026

MANUFACTURING Voltas Crosses 1 Mn ACs Sales Milestone In Three Months Of FY27

Voltas, India’s No. 1 air-conditioner brand and a Tata product, has sold one million air-conditioners within the first three months of FY27, achieving the milestone in record time and reinforcing its leadership in the room air-conditioner market. The company attributed the performance to a refreshed product portfolio, wider market coverage and strong consumer demand during […]

CW Bureau · Jun 21, 2026

MANUFACTURING Bharat Forge Secures ₹425-Cr Navy Contract For Gas Turbine Generators

Bharat Forge Ltd (BFL) has secured a ₹425 crore contract from the Ministry of Defence (MoD) for the supply of Gas Turbine Generators (GTGs) to the Indian Navy, marking the company’s entry into the marine gas turbine business and strengthening India’s push towards defence self-reliance. The contract, awarded under the Buy (Indian) category of the […]

CW Bureau · Jun 20, 2026

MANUFACTURING Zagnelis Protect Debuts In India As AM/NS Eyes Auto Steel Localisation

ArcelorMittal Nippon Steel India (AM/NS India) has launched Zagnelis Protect, a premium Zinc-Aluminium-Magnesium coated steel brand designed for high-performance automotive applications, marking the introduction of a first-of-its-kind manufacturing capability in India. The company said the patented coating technology, already proven across European markets, will help reduce dependence on imports for advanced automotive steel grades while […]

CW Bureau · Jun 17, 2026

MANUFACTURING Exide Banks On Lead-Acid Strength, Lithium-Ion Expansion For Next Phase

Exide Industries is pursuing a balanced growth strategy that combines the cash-generating strength of its lead-acid battery business with long-term investments in lithium-ion technology, as the energy storage industry undergoes a gradual technological transition. In his message to shareholders in the company’s Annual Report 2026, Exide Industries Chairman Sridhar Gorthi said lead-acid batteries will continue […]

CW Bureau · Jun 17, 2026

MANUFACTURING Sudarshan Chemical Opens Second Global Head Office In Germany

Sudarshan Chemical Industries Ltd, a global leader in colour solutions and specialized pigments, recently inaugurated its second global head office near Frankfurt, Germany, marking a significant milestone in its global expansion strategy following the acquisition of the Heubach Group in March 2025. The nearly 21,000 sq. ft. facility will serve as the company’s second global […]

CW Bureau · Jun 15, 2026

MANUFACTURING KSSL Unveils MArG Mounted Artillery Gun Series At Eurosatory 2026

Kalyani Strategic Systems Ltd (KSSL), the wholly owned defence subsidiary of Bharat Forge Ltd, unveiled its MArG series of mounted artillery guns on the opening day of Eurosatory 2026, one of the world’s largest defence and security exhibitions. The MArG series is a family of truck-mounted 155 mm artillery systems designed to provide highly mobile, […]

CW Bureau · Jun 15, 2026

MANUFACTURING ATM Maker Hyosung TNS Eyes Tamil Nadu To Tap India, Export Markets

South Korea-based Hyosung TNS, a global leader in self-banking technologies, is considering setting up a greenfield manufacturing facility in Tamil Nadu to produce automated teller machines (ATMs) for domestic and international markets, highlighting India’s growing importance as a manufacturing and export hub for global technology companies. Industry observers said the proposed investment reflects a broader […]

CW Bureau · Jun 14, 2026

MANUFACTURING Hitachi Energy To Invest ₹2,000 Cr To Build New Vadodara Transformer Unit

Hitachi Energy, a global leader in electrification, will invest approximately ₹2,000 crore to establish a new large power transformer (LPT) manufacturing facility in Karjan, Vadodara, strengthening its manufacturing footprint in India amid rising demand for power infrastructure and grid modernisation. The investment follows the company’s recent announcement during Hitachi Energy India Ltd’s FY26 fourth-quarter results […]

CW Bureau · Jun 12, 2026

MANUFACTURING Flair Sharpens Pencil Business With Surat Facility, Targets Bigger Share

Flair Writing Industries Ltd (FWIL) has cemented its footprint in India’s growing pencil market, leveraging strong traction in the mechanical pencil segment and the commissioning of a new wooden pencil manufacturing facility in Surat as part of its broader diversification and growth strategy. The company said FY26 marked a significant year for its pencil business, […]

CW Bureau · Jun 12, 2026

MANUFACTURING New Products, Retail Expansion Drive Kansai Nerolac’s Growth Strategy

Kansai Nerolac Paints Ltd (KNPL) is strengthening its position across decorative and industrial coatings through a diversified portfolio, premiumisation initiatives, customer engagement programmes, and technology-driven innovation, according to Managing Director Pravin Chaudhari. In the company’s Annual Report 2025-26, Chaudhari said KNPL’s balanced presence in both decorative and industrial segments has enabled it to effectively navigate […]

CW Bureau · Jun 12, 2026

MANUFACTURING Polymatech Expands Global Footprint With Singapore CoB Packaging Plant

Chennai-based Polymatech Electronics Ltd has expanded its global manufacturing presence with the inauguration of an advanced electronics manufacturing facility in Singapore through its wholly owned subsidiary, AEIM Pte Ltd. The company has committed an investment of approximately $25 million (S$32 million) in the facility, which will serve as Polymatech’s Asia-Pacific manufacturing hub for LED Chip-on-Board […]

CW Bureau · Jun 10, 2026