MANUFACTURING Godrej Consumer Products Invests ₹250 Cr In Indonesia New Facility

Godrej Consumer Products Indonesia (GCPI), a subsidiary of India-based Godrej Consumer Products Ltd (GCPL), has inaugurated the first phase of a new manufacturing facility in Indonesia’s Kendal Special Economic Zone as part of an IDR 500 billion (about ₹250 crore) investment. The investment is aimed at strengthening GCPL’s manufacturing footprint in Indonesia and supporting both […]

CW Bureau · Oct 6, 2026

MANUFACTURING Jindal Stainless, IOCL Renew Lubricants VMI Pact For Five Years

Jindal Stainless Ltd and Indian Oil Corporation Ltd (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for another five years, extending their long-standing collaboration in lubricants and energy supplies. The renewed agreement was signed at Jindal Stainless’ Hisar unit. The partnership is aimed at strengthening supply reliability and technical cooperation as the company […]

CW Bureau · Oct 5, 2026

MANUFACTURING Mangalam Worldwide Forms Belgium Arm To Expand European Presence

Ahmedabad-based Mangalam Worldwide Ltd, a manufacturer of stainless steel products, has incorporated a wholly owned subsidiary, MWL Europe BV, in Belgium on October 1 as part of its strategy to expand its international presence and explore opportunities in the European market. The company has received the certificate of incorporation from the relevant authorities. MWL Europe […]

CW Bureau · Oct 3, 2026

MANUFACTURING Ambika Cotton Eyes BESS Projects, Plans ₹138-Cr Unit 4 Modernisation

Coimbatore-based Ambika Cotton Mills Ltd, a manufacturer of cotton yarn and knitted fabrics, is evaluating opportunities in Battery Energy Storage Systems (BESS) while planning to invest approximately ₹135–138 crore in modernising its Unit 4, to be operational by March 2027. The company is assessing BESS opportunities based on technical feasibility, investment economics, operating requirements and […]

CW Bureau · Oct 2, 2026

MANUFACTURING Borosil Renewables Revises Capacity Expansion Cost And Timeline

Borosil Renewables Ltd has raised the estimated cost of its 600 TPD production capacity expansion at Bharuch, Gujarat, to ₹1,100 crore from the earlier ₹950 crore, while pushing the commissioning timeline to the end of March 2027 from December 2026. The expansion involves setting up two furnaces of 300 TPD each. The project was originally […]

CW Bureau · Sep 22, 2026

MANUFACTURING Motherson Set To Acquire 50% Stake In Rotary Connectors For ₹500 Cr

Samvardhana Motherson Adsys Tech Ltd (SMAST) has agreed to acquire a 50.1% stake in Rotary Connectors Pvt Ltd (RCPL) from its existing shareholders for a cash consideration of ₹500 crore. The transaction is expected to be completed by the fourth quarter of FY27. The equity value will be determined based on enterprise value plus net […]

CW Bureau · Sep 21, 2026

MANUFACTURING Neogen Chemicals Raises ₹600 Cr Through QIP At A Premium From QIBs

Neogen Chemicals Ltd has raised ₹600 crore through a qualified institutional placement (QIP), issuing 26.61 lakh equity shares to eligible qualified institutional buyers (QIBs). The shares were allotted at ₹2,255 each, including a premium of ₹2,245 per share. The issue price was higher than the floor price of ₹2,189.73. Paid-up capital rises to ₹30 crore […]

CW Bureau · Sep 17, 2026

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

MANUFACTURING Solar Industries To Buy South Africa’s Omnia For $1.355 Bn For Expansion

Solar SA Investments Proprietary Ltd, a wholly owned step-down subsidiary of Nagpur-based Solar Industries India Ltd, and Omnia Holdings Ltd have signed definitive agreements for the acquisition of Omnia’s outstanding shares in an all-cash transaction valued at approximately $1.355 billion (₹12,951 crore). Solar Industries, a manufacturer of industrial explosives, said the proposed acquisition would significantly […]

CW Bureau · Sep 14, 2026

MANUFACTURING Airfloa Rail Technology Acquires KIN Railway Equipment Unit For ₹48 Cr

Airfloa Rail Technology Ltd, an engineering and manufacturing company serving the railway, metro, aerospace and defence sectors, has entered into a Memorandum of Understanding (MoU) with KIN Railway Equipment Pvt Ltd to evaluate the acquisition of KIN’s business for ₹48 crore. The proposed transaction will be structured either as a slump sale or an asset […]

CW Bureau · Sep 14, 2026

BANKING & FINANCE Satin Growth Alternatives Invests ₹5 Cr In Woman-Led Indic Wisdom

Satin Growth Alternatives Ltd (SGAL), the youngest subsidiary of Satin Creditcare Network Ltd (SCNL), has made its first investment of ₹5 crore from its Category II Alternative Investment Fund in woman founder-led Indic Wisdom. Indic Wisdom manufactures and distributes traditionally crafted food products, including wood-pressed oils and value-added products made from native Indian oilseeds. First […]

CW Bureau · Sep 14, 2026

INFRASTRUCTURE Ashwini Vaishnaw To Inaugurate Kalyani Container Depot On Sept 15

The inauguration of the Gati Shakti Cargo Terminal, flagging off of a bulk salt container train and laying of the foundation stone for the Inland Container Depot (ICD) of Kalyani Cast Tech Ltd (KCTL) at Shivlakha, Kutch, Gujarat, have been rescheduled to September 15 through videoconferencing by Railways Minister Ashwini Vaishnaw. KCTL has also received […]

CW Bureau · Sep 14, 2026