STARTUP/TECHNOLOGY L&T Technology Services, Databricks To Develop Industrial AI Solutions

L&T Technology Services Ltd. (LTTS), a provider of engineering and technology services, has entered into a strategic go-to-market partnership with Databricks to co-develop Industrial AI solutions aimed at advancing Engineering Intelligence (EI) for asset-intensive industries. The partnership, anchored in LTTS’ sustainability business segment, will focus on sectors such as energy, petrochemicals and industrial manufacturing, helping […]

CW Bureau · Jun 11, 2026

AUTO PPAP Partners Hutchinson To Make Automotive Body Sealing Systems

PPAP Automotive Ltd., a manufacturer of automotive sealing systems and interior and exterior automotive components, has entered into a technology partnership agreement with Hutchinson to manufacture advanced body sealing systems in India for the passenger vehicle segment. The collaboration is expected to strengthen PPAP’s technological capabilities and expand its automotive body sealing systems portfolio, enabling […]

CW Bureau · Jun 10, 2026

RETAIL/FMCG Elitecon Targets ₹20,000-Cr Revenue By FY30 Through FMCG Expansion

Elitecon International Ltd., a diversified manufacturing, export and emerging FMCG company, has outlined a strategy to build a diversified consumer goods platform with a target of generating around ₹20,000 crore in revenue by FY30. The company’s growth plan is based on a dual-platform model comprising its international tobacco export business and a phased expansion into […]

CW Bureau · Jun 10, 2026

MANUFACTURING Kothari Industries Targets 10% Share Of India’s Footwear Exports by 2030

Kothari Industrial Corporation Ltd. (KICL), a Chennai-based diversified business conglomerate, has drawn up an ambitious roadmap to contribute at least 10% of India’s footwear exports by 2030 and support the country’s emergence as a leading global footwear manufacturing and design hub. The company has partnered with global players in the footwear industry and created manufacturing […]

CW Bureau · Jun 6, 2026

MANUFACTURING KICL Unveils Vision 2030 Roadmap With Focus On Agri-tech, AI & Drones

Kothari Industrial Corporation Ltd. (KICL), a Chennai-based diversified business conglomerate, has unveiled its Vision 2030 roadmap, outlining plans to build businesses at the intersection of agriculture, artificial intelligence (AI), geospatial technology, drones, manufacturing and data analytics. One of the South India’s most respected company said investments in precision agriculture, drone technology, geospatial intelligence, footwear manufacturing, […]

CW Bureau · Jun 6, 2026

INFRASTRUCTURE CG Power Expands EHV Switchgear Capacity With New Nashik Facility

Murugappa Group company CG Power and Industrial Solutions Ltd (CG) has commenced manufacturing operations at its new extra high-voltage (EHV) switchgear facility, S3 Unit-II, in Nashik, significantly enhancing its ability to cater to the growing demand for power transmission equipment in India and overseas markets. The ₹39.49 crore new facility, located alongside the company’s existing […]

CW Bureau · Jun 4, 2026

INFRASTRUCTURE JSW Steel Begins Work On ₹65,000-Cr Paradeep Integrated Steel Plant

JSW Steel Ltd has commenced work on its fully-owned greenfield integrated steel plant at Paradeep in Odisha, involving an investment of ₹65,000 crore and marking one of the company’s largest expansion projects. The Paradeep Integrated Steel Plant will be developed in phases with a planned capacity of 13.2 million tonnes per annum (MTPA). Spread across […]

CW Bureau · May 27, 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

AUTO Pricol Sees Earnings Pressure Amid Rising Commodity, Logistics Costs

Pricol Ltd, a leading automotive technology and precision-engineered components manufacturer, will continue with its planned investments, technology development and capacity expansion despite mounting geopolitical and commodity-related pressures impacting the automotive sector globally. The Coimbatore-based firm will remain focused on its medium- and long-term growth strategy and will not scale back critical capital expenditure or research […]

CW Bureau · May 19, 2026

AUTO Uno Minda Plans ₹2,500-Cr Fund Raise, Fresh Investments In Arms

Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has received board approval to raise up to ₹2,500 crore and increase investments in subsidiaries to support long-term growth and rising customer demand. The company said the proposed fund raising would be undertaken, as and when required, in one or more tranches […]

CW Bureau · May 17, 2026

STARTUP/TECHNOLOGY Crestchem Treads Cautiously On Bengaluru Arm Due To Ongoing War

Crestchem Ltd is proceeding cautiously with its proposed expansion into a new start-up venture, citing the current turbulent global environment driven by ongoing war-related uncertainties. The company had earlier announced plans to incorporate a Bengaluru-based subsidiary, Oleo Bioscienses Pvt Ltd, with an initial capital of ₹10 lakh to strengthen its presence in the specialty chemicals […]

CW Bureau · May 2, 2026

MANUFACTURING Unimech Aerospace To Buy Majority Stake In Hobel Bellows For ₹450 Cr

Bengaluru-based Unimech Aerospace and Manufacturing Ltd, an advanced engineering solutions provider, along with its wholly owned subsidiary Innomech Aerospace Toolings Pvt Ltd, has agreed to acquire Hobel Bellows Co for a consideration of ₹450 crore with a week, subject to customary closing conditions. Under the transaction structure, Unimech and Innomech will acquire 24% and 76% […]

CW Bureau · Apr 23, 2026