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

INFRASTRUCTURE KIOCL Bets On Devadari Mine, Integration Projects To Drive Growth

Kudremukh Iron Ore Company Ltd (KIOCL), which has been in existence for 50 years, is preparing to shape its next phase of growth with a focus on operational expansion, raw material security and value-added capabilities. As the company enters FY27, its strategic priorities include accelerating the operationalisation of the Devadari Iron Ore Mine (DIOM), commissioning […]

CW Bureau · Sep 10, 2026

MANUFACTURING AM/NS India Launches Pelican Galvanised Steel Brand

ArcelorMittal Nippon Steel India (AM/NS India) has launched AM/NS Pelican, a premium galvanised steel brand aimed at meeting the growing demand for corrosion-resistant steel across India’s construction, infrastructure, manufacturing and engineering sectors. The launch strengthens AM/NS India’s portfolio of value-added steel solutions and comes at a time when infrastructure development and industrial expansion are driving […]

CW Bureau · Sep 9, 2026

MANUFACTURING Tata Steel Infuses ₹1,340 Cr Into Singapore Arm T Steel Holdings

Tata Steel Ltd has infused $140 million (₹1,340 crore) into its wholly owned foreign subsidiary T Steel Holdings Pte. Ltd. (TSHP), as part of its ongoing strategy to support and strengthen its international operations. The company acquired 162,03,70,371 equity shares of TSHP, each with a face value of $0.0864, for an aggregate consideration of $140 […]

CW Bureau · Aug 27, 2026

MANUFACTURING Tata Steel Acquires 23% Stake In TM International Logistics For ₹335 Cr

Tata Steel Ltd has completed the acquisition of a 23% equity stake in TM International Logistics Ltd (TMILL) for ₹335 crore, increasing its holding in the logistics company to 74%. Tata Steel acquired 41.40 lakh equity shares of ₹10 each from IQ Martrade Holding Und Management GmbH, in accordance with the terms of the Share […]

CW Bureau · Aug 20, 2026

MANUFACTURING AM/NS India Supplies Specialised Steel For Indian Navy’s INS Malvan

ArcelorMittal Nippon Steel India (AM/NS India) has supplied 100% of the specialised steel required for INS Malvan, the Indian Navy’s latest indigenously built Anti-Submarine Warfare Shallow Watercraft (ASW-SWC), underscoring the growing role of domestic steelmakers in India’s defence manufacturing ecosystem. The vessel was commissioned into the Indian Navy on July 22, 2026, at Karwar, Karnataka. […]

CW Bureau · Aug 6, 2026

INFRASTRUCTURE SEPC Bags ₹673 Cr SAIL Order For IISCO Steel Expansion Project

SEPC Ltd has secured orders worth ₹673.32 crore from Steel Authority of India Ltd (SAIL) for the 4.08 million tonnes per annum (MTPA) crude steel expansion project at IISCO Steel Plant (ISP), Burnpur. The order strengthens SEPC’s presence in the industrial EPC segment and marks a significant milestone in its strategy to expand its footprint […]

CW Bureau · Jun 15, 2026

MANUFACTURING Tata Steel Raises Capex To ₹20,000 Cr In FY27 For Capacity Expansion

Tata Steel Ltd, one of India’s largest steel producers, plans to increase capital expenditure to about ₹20,000 crore in FY27, with more than 60% of the investment earmarked for India, as the company accelerates capacity expansion, strengthens its value-added product portfolio and advances its long-term growth strategy. The steel major spent ₹14,559 crore on capital […]

CW Bureau · Jun 3, 2026

MANUFACTURING JSW, JFE Unveil New Identity For 50:50 Joint Venture JSW JFE Steel

JSW Steel Ltd and JFE Steel Corporation have unveiled the new corporate identity of their 50:50 joint venture, JSW JFE Steel Ltd, encompassing integrated steel operations at Sambalpur, Odisha. The unveiling ceremony, held in the presence of Odisha Government, Chief Minister Mohan Charan Majhi, Union Education Minister Dharmendra Pradhan, JSW Group Chairman Sajjan Jindal, JSW […]

CW Bureau · Apr 24, 2026

MANUFACTURING JSW Steel Signs MoU With POSCO; To Set Up 6-MTPA Steel Plant In Odisha

JSW Steel Ltd has entered into a Memorandum of Understanding (MoU) with POSCO Group, outlining a framework for collaboration in the steel, battery materials, and renewable energy sectors in India. The Company has also signed a joint venture agreement to develop an integrated steel plant in Odisha with an initial capacity of 5 million tonnes […]

CW Bureau · Apr 18, 2026

MANUFACTURING JSW Steel Named Worldsteel Sustainability Champion For 8th Year

JSW Steel Ltd has been recognised as a Sustainability Champion by the World Steel Association (worldsteel) for the eighth consecutive year. Worldsteel’s Sustainability Champions Programme honours member organisations that demonstrate a robust and consistent commitment to sustainable development. Eligibility criteria and framework To qualify, companies must meet three core criteria. First, they must provide verifiable […]

CW Bureau · Apr 18, 2026

INFRASTRUCTURE Coal India To Invest ₹3,300 Cr In New Coking Coal Washeries To Up Quality

Coal India Ltd (CIL) plans to set up eight new coking coal washeries at an estimated capital outlay of ₹3,300 crore to enhance the quality of its output and reduce import dependence. The washeries, with a combined capacity of 21.5 million tonnes per year (MTY), are expected to be operational by FY30, augmenting the company’s […]

CW Bureau · Mar 27, 2026