Tag: OEM
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
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 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