MANUFACTURING Swelect Energy PAT Jumps Over 4X In FY26, Bets Big On Solar And BESS

Swelect Energy Systems Ltd, a leading player in India’s renewable energy sector, reported a profit after tax (PAT) of ₹11.09 crore for the March quarter of FY26, compared to ₹8.98 crore in the corresponding quarter of the previous financial year. Revenue from operations for Q4 FY26 stood at ₹202.42 crore as against ₹218.81 crore in […]

CW Bureau · May 22, 2026

MANUFACTURING CUMI Decides To Shut Down Loss-Making Units, Invests In Fab Facility

Carborundum Universal Ltd (CUMI) has initiated closure of its loss-making overseas units while stepping up investments in semiconductors, advanced ceramics and value-added materials as part of its long-term growth strategy. The Murugappa group company has decided to wind up Germany-based Awuko and discontinue operations at South Africa-based Foskor Zirconia after prolonged losses and weak market […]

CW Bureau · May 22, 2026

MANUFACTURING CUMI Eyes Expansion, Advanced Materials For Aspiration 2030 Growth

Carborundum Universal Ltd (CUMI), a Murugappa Group company engaged in abrasives, ceramics, electro-minerals and refractories, is accelerating investments in capacity expansion, advanced materials and new-age technologies as part of its “Aspiration 2030” growth strategy aimed at building new revenue engines over the next five years. The company said the first year of the Aspiration 2030 […]

CW Bureau · May 22, 2026

MANUFACTURING Lava Deepens Localisation Push With New Noida Mobile Component Unit

Lava International, leading mobile manufacturing brand, has inaugurated a new component and charger manufacturing unit at its Noida facility, stepping up its localisation strategy as India’s electronics manufacturing ecosystem moves beyond simple assembly towards deeper value addition. The expansion comes at a time when the Indian government is aggressively pushing domestic electronics production under the […]

CW Bureau · May 21, 2026

MANUFACTURING Bosch Revenue Up 13% To ₹5,566 Cr In Q4 On Strong Automotive Demand

Bosch Ltd, a leading supplier of technology and services, reported total revenue from operations of ₹5,566 crore for the fourth quarter of FY26, registering a 13.3% growth compared to the corresponding quarter of the previous financial year. The company said the growth was supported by rising demand across the automotive sector, including strong momentum in […]

CW Bureau · May 21, 2026

MANUFACTURING Grasim Industries Q4 Profit Rises 31% To ₹2,041 Cr, Revenue Hits ₹51,000 Cr

Grasim Industries Ltd reported a 31% year-on-year rise in consolidated profit after tax (PAT) to ₹2,041 crore for the March quarter of FY26, driven by strong performance across its building materials, financial services and cellulosic fibres businesses. The Aditya Birla Group company posted its highest-ever quarterly revenue of ₹51,101 crore in Q4FY26, up 15% from […]

CW Bureau · May 20, 2026

MANUFACTURING JSW Steel Eyes 80 MT By FY32, Sets Aside Capex Of ₹24,000 Cr For FY27

JSW Steel Ltd has outlined an aggressive expansion roadmap, targeting a total steelmaking capacity of nearly 80 million tonnes by FY32, while planning capital expenditure of ₹22,000 crore to ₹24,000 crore in FY27 as it accelerates capacity additions, raw material security and downstream investments. Speaking during the company’s earnings call, joint MD & CEO Jayant […]

CW Bureau · May 20, 2026

MANUFACTURING Ex-Unilever Executive Purnima Lamba Named Mahindra Group Brand Chief

Mahindra Group has appointed Purnima Lamba as its Chief Brand Officer, effective September 1, 2026, as the conglomerate looks to further strengthen its corporate brand and communications strategy amid its expanding global presence. In her new role, Purnima will be responsible for shaping and stewarding the Group’s corporate brand narrative in line with Mahindra’s values, […]

CW Bureau · May 20, 2026

MANUFACTURING Blue Star To Acquire Remaining 51% Stake In Blue Star Qatar For ₹50 Lakh

Air-conditioning major Blue Star Ltd has decided to acquire the remaining 51% stake with 5% economic interest in its subsidiary Blue Star Qatar W.L.L. (BSQ) from Al Malki Trading & Contracting Co. for a consideration not exceeding ₹50 lakh. The acquisition will be carried out at the face value of Qatari Riyal 1,02,000 and is […]

CW Bureau · May 19, 2026

MANUFACTURING TII Lines Up ₹650-Cr Capex For FY27 Across Core Operations, Subsidiaries

Engineering and manufacturing major Tube Investments of India Ltd (TII) said it plans to invest between ₹300 crore and ₹350 crore in its core businesses during the current financial year, while an additional ₹300 crore is expected to be deployed into subsidiaries, including its electric vehicle and medical businesses. Managing Director Mukesh Ahuja said the […]

CW Bureau · May 19, 2026

MANUFACTURING Epsilon Eyes Grid-Scale Storage Biz With Indigenous Hard Carbon Tech

Epsilon Advanced Materials Pvt Ltd has announced the launch of its hard carbon anode material, specifically engineered for Sodium-Ion (Na-ion) batteries targeting grid-scale energy storage systems (ESS). Developed entirely through in-house research and development, the new material is positioned as a low-cost, graphite-free and sustainable anode solution at a time when sodium-ion battery technology is […]

CW Bureau · May 18, 2026

MANUFACTURING Pricol Makes Top Level Changes; Vikram Mohan Named Chairman

Pricol Ltd, the Coimbatore-based auto components manufacturer, announced a leadership transition with Chairman Vanitha Mohan stepping down from the role. The board appointed Vikram Mohan as Chairman, while Madhura Mohan was inducted as Executive Director and Siddharth Manoharan as Group Executive Director. Both Vikram and Madhura are related to Vanitha Mohan The company also approved […]

CW Bureau · May 14, 2026