MANUFACTURING
Tata Steel India Volume Grows 10% YoY; Deliveries Rise 7% In Q2 FY27
Tata Steel India’s crude steel production rose 10% year-on-year (YoY) to 6.21 million tonnes in 2QFY27, driven primarily by higher output from its Jamshedpur and Kalinganagar facilities. Production increased 8% quarter-on-quarter (QoQ), while deliveries rose 7% YoY and 15% QoQ to 5.97 million tonnes during the quarter, supported by an enriched product mix and stable […]
CW Bureau
·
Oct 8, 2026
MANUFACTURING
Belrise Industries Buys Hyva India’s Tipper Body Business For $5.65 Mn
Pune-headquartered Belrise Industries Ltd has acquired the Tipper Body Business of Hyva India Pvt Ltd, a subsidiary of JOST Werke SE, for $5.65 million. The transaction, valued at an enterprise value-to-EBITDA multiple of about 3.6 times, strengthens Belrise’s position as a Tier-0.5 supplier in the commercial vehicle ecosystem. Strengthens commercial vehicle presence The acquisition aligns […]
CW Bureau
·
Aug 6, 2026
INFRASTRUCTURE
Danfoss, PowerNEU Float JV To Aid Decarbonisation In Heavy Industries
Danfoss India, in a strategic partnership with the engineering firm PowerNEU, today announced the launch of Danfoss PowerNEU Private Limited, a joint venture designed to support India’s metals and heavy industries through a locally embedded execution and solutions model. The venture was formally inaugurated with a groundbreaking ceremony for a new manufacturing facility and office […]
Sajan C Kumar
·
Jan 16, 2026
