MANUFACTURING Uno Minda Board Approves ₹1,415 Cr Investment For New Plants In 4 Sites

Uno Minda Ltd has approved Detailed Project Reports for setting up four plants at Kharkhoda in Haryana, Hosur, Bengaluru and Chhatrapati Sambhajinagar in Maharashtra. The projects involve a total investment of ₹1,415 crore and will expand the company’s manufacturing capacity across alloy wheels, casting and automotive components. Kharkhoda plant to add alloy wheel capacity The […]

CW Bureau · Sep 14, 2026

GENERAL Hero Motors Fixes IPO Price Band At ₹79-84, Issue Opens On Sep 16

Hero Motors Ltd has fixed the price band for its maiden initial public offering (IPO) at ₹79-84 per equity share of face value ₹10. The issue will open for subscription on September 16 and close on September 18. Investors can bid for a minimum of 178 equity shares and in multiples of 178 shares thereafter. […]

CW Bureau · Sep 10, 2026

MANUFACTURING UCAL Targets Tech-Led Growth As Mobility Landscape Evolves

UCAL Ltd is focusing on product diversification, advanced manufacturing, electronics and technology-led engineering solutions to strengthen its position across the global automotive, industrial and manufacturing sectors. The company is leveraging its four decades of engineering expertise, manufacturing capabilities and customer relationships to expand into a technology-driven engineering solutions business. New products drive growth “The future […]

CW Bureau · Aug 31, 2026

AUTO Force Motors Target Growth Through Digital And Specialised Mobility

Force Motors Ltd, a fully integrated automobile manufacturer, is strengthening its digital, sustainability and specialised mobility capabilities while expanding its presence across diverse vehicle segments. The company continues to focus on differentiated mobility solutions rather than competing across every segment, said its Managing Director Prasan Firodia in a letter to shareholders. Digital transformation gains momentum […]

CW Bureau · Aug 26, 2026

MANUFACTURING Rane (Madras) Buys Hindustan Composites’ Friction Unit For ₹370 Cr

Rane (Madras) Ltd has completed the acquisition of the Friction Business of Hindustan Composites Ltd for ₹370 crore on a cash-free, debt-free basis, strengthening its position in the friction business and expanding its product and market reach. The acquisition was completed after fulfilment of customary regulatory approvals and other closing conditions under the Business Transfer […]

CW Bureau · Aug 20, 2026

MANUFACTURING Greaves Cotton Acquires Remaining 20% Stake In Excel Controlinkage

Greaves Cotton Ltd, a leading diversified engineering company, has acquired the remaining 20% stake in Excel Controlinkage Pvt Ltd through the secondary route, making the company a wholly owned subsidiary. The acquisition was completed on August 13, 2026, taking Greaves Cotton’s aggregate shareholding in Excel Controlinkage to 100%. Deal completes 2023 acquisition The transaction completes […]

CW Bureau · Aug 17, 2026

AUTO Wheels India Q1 Net Profit Rises 42% To ₹37 Cr, Revenue Hits ₹1,386 Cr

Auto components manufacturer Wheels India Ltd reported a strong performance for the first quarter of FY2026-27, with net profit rising 42% year-on-year on the back of healthy growth in domestic demand and exports, despite facing inflationary pressures on raw material costs. The Chennai-based company posted a net profit of ₹37 crore for the quarter ended […]

CW Bureau · Jul 28, 2026

AUTO India Nippon Electricals Multi-Year Strategy Focuses On Electronics, EV

India Nippon Electricals Ltd. (INEL) has outlined a multi-year strategy centred on expanding its electronics and electric vehicle (EV) business, strengthening exports and improving operational efficiency. INEL’s strategic roadmap is built around five priorities — strengthening its leadership in core products, accelerating growth in electronics and EV-related technologies, expanding exports and the aftermarket business, improving […]

CW Bureau · Jul 9, 2026

AUTO Uno Minda, TACHI-S To Build ₹320-Cr Seating Systems Unit In Maharashtra

Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has announced its entry into the four-wheeler passenger vehicle seating systems segment with plans to invest around ₹320 crore in a new manufacturing facility in Maharashtra. The company’s board has approved the establishment of a state-of-the-art greenfield plant in Chhatrapati Sambhajinagar (formerly […]

CW Bureau · Jul 7, 2026

AUTO NBC Bearings Expands Aftermarket Portfolio With New Range Of Parts

NBC Bearings, a leading bearing manufacturer and mobility solutions brand under the CKA Birla Group, has expanded its presence in the automotive aftermarket with the launch of a comprehensive range of automotive parts, marking a significant step in the company’s diversification strategy. The new portfolio extends beyond the company’s traditional bearings business and includes products […]

CW Bureau · Jul 6, 2026

MANUFACTURING Rane (Madras) Buys HCL’s Friction Business In A Slump Deal Of ₹370 Cr

Rane (Madras) Ltd (RML) has signed an agreement to acquire the friction business of Hindustan Composites Ltd (HCL) on a slump sale basis for an enterprise value of ₹370 crore, a move that will significantly strengthen its presence in India’s friction materials market. The acquisition will combine two established businesses to create a friction solutions […]

CW Bureau · Jun 30, 2026

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