MANUFACTURING Thirumalai Chem $255-Mn US Plant On Track For H1 CY26 Stabilisation

Industrial and specialty chemicals manufacturer Thirumalai Chemicals Ltd (TCL)  step-down subsidiary TCL Specialties LLC is on track to complete and stabilise its $255-million state-of-the-art facility in West Virginia during the first half of calendar year 2026. The US facility houses two major plants with an annual capacity of 40,000 tonnes of Maleic Anhydride (MAn) and […]

CW Bureau · Mar 4, 2026

MANUFACTURING Amara Raja Plans To Invest ₹1,000 Cr In New Energy Push Next Fiscal

Amara Raja Energy & Mobility is sharpening its transition strategy, with management outlining an aggressive investment roadmap of around ₹1,000 crore in the next financial year towards its New Energy business, even as the company reported a sharp uptick in quarterly performance. New Energy Business Doubles Revenue During Q3, the company’s New Energy vertical delivered […]

CW Bureau · Mar 3, 2026

MANUFACTURING Schaeffler India Plans To Step Up Capex Above ₹500 Cr In 2026

Schaeffler India will significantly step up capital expenditure in 2026, returning to its previous three-year average investment levels of over ₹500 crore, as the company rides strong capacity utilisation, sustained double-digit growth and improving earnings quality. The company had deliberately moderated its capex in 2025 to ₹375–400 crore to prioritise capital efficiency and optimise utilisation […]

CW Bureau · Mar 3, 2026

MANUFACTURING M&M Japanese Arm To Wind Up Farm Machinery Biz On Persistent Losses

Mahindra and Mahindra (M&M) on Monday said its associate firm Mitsubishi Mahindra Agricultural Machinery Co., Ltd. (MAM) and its subsidiaries will withdraw from the agricultural machinery business, citing continued losses despite multiple structural measures aimed at restoring profitability. MAM’s board approved the decision on March 2 after a detailed assessment of the business’s long-term viability […]

CW Bureau · Mar 2, 2026

MANUFACTURING Ramco Cements Sells ₹1,081-Cr Asset Under Debt Reduction Plan

The Ramco Cements Ltd has exceeded its targeted non-core asset monetisation plan as part of its ongoing debt restructuring exercise, strengthening its balance sheet and improving key financial metrics. The company had earlier outlined plans to dispose of non-core assets worth around ₹1,000 crore over a two-year period to pare debt and enhance financial flexibility. […]

CW Bureau · Feb 27, 2026

MANUFACTURING Sansera Engg Enters Japan Via Nichidai JV; Expands Pantnagar Plant

Bengaluru-based precision components maker for automotive and non-automotive sectors Sansera Engineering Ltd is s stepping up its global expansion strategy with a foray into East Asia, particularly Japan, as it seeks to engage a new set of automotive customers and diversify into high-value segments. In a significant move, the company has signed a joint venture […]

CW Bureau · Feb 26, 2026

MANUFACTURING Sigma Advanced Systems Bags ₹100-Cr Defence Orders From MoD, PSUs

Hyderabad-based aero-engine and aerostructure components manufacturer Sigma Advanced Systems Ltd., has secured fresh defence orders worth about ₹100 crore from the Ministry of Defence and associated defence public sector undertakings (PSUs). The contracts are linked to ongoing strategic programmes spanning missile systems, naval platforms and airborne applications. Under these orders, the company will supply built-to-spec […]

CW Bureau · Feb 24, 2026

MANUFACTURING Goa Calling: Khoobsurat’s Craft Brewery Takes Shape with Salcete Brewing

Kolkata-based Khoobsurat Ltd is setting up a brewery project in Goa in collaboration with Salcete Brewing, marking its entry into India’s fast-growing craft beer segment. The upcoming facility in South Goa is positioned as a blend of artisanal brewing and experiential hospitality. The company is currently in the process of installing its brew-house and fermentation […]

CW Bureau · Feb 23, 2026

MANUFACTURING IFGL Makes Leadership Change; India Anchors Growth Strategy

IFGL Refractories Ltd, a leading manufacturer of specialised refractory products serving the iron, steel and foundry industries, will see a change in leadership effective March 1. The current Managing Director, James Leacock McIntosh, will step down on February 28 and will be succeeded by Mihir Prakash Bajoria for a three-year term beginning March 1. The […]

CW Bureau · Feb 23, 2026

MANUFACTURING Bharat Forge, VVDN Tech Explore Tie-ups Across Auto, Defence Domains

Bharat Forge and VVDN Technologies have entered into a strategic memorandum of understanding (MoU) to explore collaboration across next-generation technology domains, including automotive, defence, artificial intelligence and data centre solutions. The partnership brings together two complementary engineering-led organisations with a shared focus on innovation, advanced manufacturing and future-ready technologies. Under the MoU, the companies will […]

CW Bureau · Feb 18, 2026

MANUFACTURING Elgi Equipment Plans ₹600-Cr Campus Shift, Bets Big on Motor Tech

Elgi Equipments Ltd is in the midst of a long-planned transition that management describes as foundational to its next phase of growth. The company is progressively shifting operations from its city campus to a new, integrated manufacturing campus that has been under development for nearly 15 years. The relocation will involve a capital outlay of […]

CW Bureau · Feb 18, 2026

MANUFACTURING TN Signs ₹5,980-Cr MoUs With Aequs, Minebea To Boost Industrial Growth

Tamil Nadu State Government has signed two Memorandum of Understanding with the Aequs Group and Japan-based MinebeaMitsumi (Minebea India Ltd), attracting a combined investment of ₹5,980 crore in the aerospace and electronics sectors. These projects are expected to generate around 8,400 jobs, further strengthening the State’s industrial and economic growth trajectory, said Industries Minister T.R.B. […]

CW Bureau · Feb 16, 2026