Tag: jamshedpur
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