KSB has been awarded a INR5 billion (about $63 million) contract by Nuclear Power Corporation of India to supply eight primary coolant pumps, with motors and spares, for units 5 and 6 at the Kaiga nuclear plant in Karnataka. Deliveries are expected to start in 2026.

According to people familiar with the matter, US private equity firm Bain is in acquisition talks to buy Parksons Packaging, an Indian folding color box maker, for about 30 billion Indian rupees. Credit Suisse is reportedly advising, and a deal could close within three months.

KSB Limited received a Rs 500 crore order from NPCIL to supply eight fully indigenized primary coolant pumps with electric motors and spares for Kaiga Atomic Power Project 5 and 6 at Karwar, Karnataka. Deliveries start in 2026.

Moldtek Packaging plans capital expenditure of Rs 125 crore in FY23, adding capacity at Sultanpur, Daman, Vizag, Hyderabad and Kanpur units and setting up a second plant at Daman with robotic IML facilities.

WIKA is setting up a flow laboratory at its Switzer site in Chennai, where flow switches for sprinkler systems with UL and FM approvals will be manufactured.

WIKA's Pune site has commissioned two new Lean production lines for pressure gauge accessories such as overpressure protectors, throttles, cocks and adapters.

WIKA has built a new production facility in Ghaziabad near New Delhi, where about 250 employees make switches, transmitters, bellows systems and instrument components.

Ingersoll Rand agreed to acquire Hydro Prokav Pumps (India), a maker of progressive cavity pumps in Coimbatore with about $6 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.

Paharpur 3P Private Limited launched commercial production at its greenfield flexible packaging plant in Sri City, Tirupati district. The first phase, with an investment of over ₹150 crore, employs 250 people.

Alstom was awarded a contract by Madhya Pradesh Metro Rail Corporation to supply 156 Movia metro cars with 15 years of maintenance, plus CBTC signalling and telecom systems, for the Bhopal and Indore metros. The order is valued at €387 million.

Niton Valve Industries Pvt Ltd was awarded a supply contract worth ₹2.39 Cr for motor-operated gate valves for IndianOil's Panipat Refinery in Haryana, with a contract date of 26 February 2024.

Hitachi Energy won an order from Adani Electricity Mumbai Infra to supply an HVDC Light transmission system delivering up to 1,000 MW into Mumbai. The announcement is dated July 21, 2022.

Shree Arun Packaging (Sapco) invested Rs 20 crore to commission a new 60,000 sq ft factory near Kalyan, moving operations from Mahape and adding Bobst converting machines. The unit became fully operational in March 2022.

Numaligarh Refinery Limited in Assam awarded a globe control valves tender to Emerson Process Management Chennai, with a contract value of ₹9.8 crore dated September 10, 2025. Four bidders competed, including KSB, Samson and Severn Glocon.

Fruit importer IG International and Mumbai-based Esquire Corrugation formed a joint venture, Esquire IG, to manufacture sustainable corrugated carton packaging for fresh produce. The JV targets 500 to 1,000 tonnes of output for domestic and global markets.

Mitsubishi Electric will invest about 2.2 billion Indian rupees through its subsidiary Mitsubishi Electric India to build a factory manufacturing inverters and FA control system products, expected to start operations in December 2023.

Sulzer opened a 10,500 sq ft service centre in Vadodara, Gujarat, India for repairs, upgrades and parts manufacturing of pumps, steam turbines, compressors and expanders. The site has added CNC and balancing equipment.

SECO/WARWICK received an order to supply a Vector vacuum furnace to Indian fastener maker Sundram Fasteners for heat treating aviation bolts. It is the second project between the two companies.

Ashirvad Pipes of Aliaxis Group agreed with the Telangana government to build a greenfield plant with a Rs 500 crore investment to make plastic pipes, fittings and accessories. The project is expected to create over 500 jobs.

Hical Technologies won a contract from ISRO's Vikram Sarabhai Space Centre for electromechanical actuators used in thrust vector control of PSLV, GSLV and GSLV Mk3 launch vehicles.

Gerresheimer has commissioned a new plastic container and closure plant and a new glass melting furnace at its Kosamba site in India, adding production capacity for pharmaceutical primary packaging.

Advance Valves Pvt. Ltd won the IndianOil tender to supply motor-operated valves for the Panipat Refinery in Haryana, India, with a contract value of ₹1.67 crore. The contract date is 10 December 2025.

Voltas Ltd executed a joint venture agreement on April 30, 2022 with Highly International (Hong Kong) to manufacture inverter compressors, motors and parts in India. Highly International will hold 60 percent, and the JV will have Rs 250 crore of equity capital. Completion is subject to approvals including Press Note 3 clearance.

Elopak and GLS launched GLS Elopak, a 50/50 joint venture headquartered in Gurugram, Haryana, to make fresh and aseptic carton packaging at a manufacturing hub in Rewari, Haryana, India.

Daikin Air-conditioning India, a subsidiary of Daikin Industries, held a foundation laying ceremony on 7 April 2022 to start construction of its third manufacturing unit in India at Sri City. The factory is part of Daikin's Fusion 2025 growth strategy.

Elopak and GLS formed GLS Elopak, a 50-50 joint venture headquartered in Gurugram, India, to make fibre-based aseptic and fresh packaging. Manufacturing will be based in Rewari, Haryana, with a reported value of $35 million.

Danfoss Group company Eaton Fluid Power inaugurated a new hydrostatics production line at its Pune Pimpri campus to raise localisation and serve growing demand in the Indian market, especially agriculture.

Sulzer opened a new service center in Vadodara, Gujarat, offering repairs, upgrades and parts manufacturing for pumps, steam turbines and compressors across 10,500 sq ft.

Ampo Poyam Valves has delivered more than 2,100 slurry angle severe-service valves for NALCO's alumina refinery at Damanjodi, Odisha, for a fifth stream expansion. The valves were made at Ampo India in Coimbatore, and Thyssenkrupp Industrial Solutions was the PMC contractor. The plant's total capacity will rise from 2.275 to 3.275 MTPA.

Samsung Electronics plans a 15.88 billion rupee (about $207.8 million) refrigerator parts plant in Sriperumbudur near Chennai, Tamil Nadu, under an MoU signed with the state government, with capacity of at least 8 million compressor units annually.

Samsung will set up a compressor plant at an outlay of Rs 1,588 crore on 22 acres near Chennai, with capacity of eight million units a year. The compressors will supply Samsung refrigerators and exports. Samsung India signed an MoU with the Tamil Nadu government.

Coster Group has started production at a new 60,000 sq ft facility in Neemrana, Rajasthan, making perfumery pumps, spray pumps and aerosol valves. The EUR 10M investment in plant and machinery adds capacity for the Indian market.

Emerson opened a new 145,000 sq ft integrated manufacturing facility at Mahindra World City in Chennai, Tamil Nadu, to make products of its Automation Solutions business for India, Asia and global markets.

Daikin Air-conditioning India, a subsidiary of Daikin Industries, signed a land deal for a third factory with an investment of INR 1000 crore. The article mainly covers a new split AC range and the investment figure is reported in the headline.

Aptar Pharma has begun construction of a new facility on a 3.5-acre site at the Palava Industrial and Logistics Park in Taloja, Mumbai, adding molding capabilities. Groundbreaking took place on January 21, 2022.

Gainwell Engineering will invest Rs 500 crore to manufacture coal mining equipment under a Caterpillar technology licence at a plant on 35 ares in Panagarh, West Bengal, creating over 250 jobs. The announcement was made on February 7, 2022.

L&T Hydrocarbon Engineering, a subsidiary of Larsen & Toubro, won an EPCIC contract from ONGC for the seventh phase of its Pipeline Replacement Projects, covering about 350 km of subsea pipelines off India's west coast.

Atlas Copco has completed the acquisition of HHV Pumps Pvt. Ltd., a Bengaluru-based designer and maker of vacuum pumps and systems, on January 21, 2022. The purchase price was not disclosed, and the business joins the Industrial Vacuum Division.

TCPL Packaging's board approved the acquisition of a 60% stake in Creative Offset Printers Private Limited, a maker of rigid hard boxes for mobile phone makers. TCPL plans to acquire more shares after a planned rights issue.

Burckhardt Compression has been awarded a supply contract by Tecnimont to provide carrier gas and nitrogen gas compressor packages for India Oil Corporation's polypropylene plant in Bihar, India.

Busch Manufacturing India inaugurated a new vacuum pump production plant in Chakan near Pune in 2022. The plant has since produced its 4000th vacuum pump and makes DOLPHIN LX pumps.

Manjushree Packtek acquired Bengaluru-based Jallan Polypack, a manufacturer of paper cups and plastic lids, in January 2022. The terms of the transaction were not disclosed.

Tekno Valves plans to raise production from about 1.2 million valves a year to 1.5 million by December 2022 and 2 million by 2025 at its West Bengal facility. The total investment is Rs 35 crore, invested in phases.

HMEL awarded AMPO POYAM Valves a contract to design and manufacture more than 2,200 cryogenic and non-cryogenic gate, globe and check valves for its new petrochemical complex at the Guru Gobind Singh Refinery in Bathinda, Punjab.

Schaeffler India signed an MoU with Guidance, the Tamil Nadu government nodal agency, to invest over ₹300 crore in a new greenfield plant in Hosur making transmission components for automotive and tractor segments. The plant is expected to create more than 300 direct jobs within four years.

UFP Industries, through its affiliate UFP Global Holdings, acquired 70 percent of Ficus Pax, an industrial packaging producer with 10 facilities in southern India, for about $13.5 million. The deal marks UFP's first industrial presence in India.

Azad Engineering has begun setting up its third manufacturing facility in Medchal Malkajgiri district near Hyderabad, investing over Rs 500 crore over three years to make critical components for aviation and power generation. The foundation stone was laid on November 22, 2021, and about 1,000 jobs are expected.

Schaeffler India signed an MoU with Tamil Nadu's investment agency Guidance to invest over INR 300 crore in a new greenfield plant in Hosur over four years. The plant will manufacture transmission components for conventional and electric vehicles and is expected to employ 300 people.

Atlas Copco has agreed to acquire HHV Pumps Pvt. Ltd., a Bengaluru-based designer and manufacturer of vacuum pumps with 151 employees, with the undisclosed deal expected to close in Q1 2022.

Danish firm Integrated Gas Controls Technologies formally opened its first Indian manufacturing facility near Hyderabad, Telangana, making LPG safety devices, after investing ₹20 crore. It plans a further ₹20 crore expansion and a bigger facility.