KSB Limited acquired the technology of the products made by Bharat Pumps and Compressors Ltd in Naini, Prayagraj, giving it sole ownership. KSB's SupremeServ unit will handle spare parts and service for around 5000 BP&CL products in India.
Alleima is commissioning a new hydraulic and instrumentation tubing factory at its Mehsana mill in Gujarat, India, with inauguration scheduled for 15 March 2023. The company did not disclose the investment amount.
Miracle Coro Plast Private Limited was awarded a Rajasthan government tender by RCDF for corrugated fibre boxes packing 1 kg SMP pouches, with a contract value of INR 6.12 crore for 365 days.
KHS India laid the foundation stone of a new Rs 50 crore plant adjacent to its existing Ahmedabad facility, expected to raise production capacity by 40% and create 150 direct jobs.
SIG will build its first aseptic carton plant in India in Ahmedabad, Gujarat, investing about EUR 60 million (US$63.87 million) over 2023-2025 with up to four billion packs per year capacity and around 300 jobs in phase one.
Alleima inaugurated a new hydraulic and instrumentation tubing factory at its Mehsana Mill in Gujarat, India, on 15 March 2023. The plant adds seamless stainless steel tube capacity for the chemical, petrochemical and energy segments.
SIG will build its first aseptic carton plant in India in Ahmedabad, Gujarat, with about EUR 60 million invested over 2023-2025. The plant is designed for up to 4 billion packs per year and is expected to create around 300 jobs in phase one.
DelVal Flow Controls Pvt Ltd was awarded a contract worth about INR 38.44 lakh for control and on-off valves for the RFCC Revamp BR-9 expansion at an IndianOil refinery in Gujarat. The contract date is listed as 6 March 2024, which conflicts with the page's 2023 publication date.
Constantia Flexibles signed a joint venture agreement merging its Indian business and operations with SB Packagings, which is backed by Premji Invest, to create a packaging platform in India and South Asia. The article is dated 8 February 2023.
SIG is developing its first aseptic carton plant in India at Horizons Industrial Park Bhayala, Gujarat, with an estimated investment of Rs 8.8 billion ($105 million). Announced in February 2023, construction began in September 2023 and operations are expected in 2025.
Aimia agreed to acquire Indian manufacturer Tufropes for C$249.6 million, with Paladin Private Equity acting as its partner in the transaction. The article is dated February 1, 2023.
Carraro Group inaugurated a new 1,440 square meter production area at its gear plant in Ranjangaon, Pune, adding gear hobbing and grinding machines. Monthly gear capacity will rise from 150,000 to over 175,000.
Constantia Flexibles signed a joint venture agreement with Premji Invest and S.B. Packagings to expand its packaging business in India, including hygiene packaging and its EcoLam range. The deal is expected to complete by the end of March 2023, pending regulatory approvals.
SB Packagings entered a joint venture with Constantia Flexibles, combining Constantia India's operations with SB Packagings to build a packaging platform across India and South Asia. Closure is subject to regulatory approvals and is expected by March end.
Constantia Flexibles signed a joint venture agreement with SB Packagings and its investor Premji Invest for Constantia's Indian business, creating a packaging platform with ten locations in India. Closing is expected by end of March 2023, pending regulatory approvals.
Hintastica, a 50-50 joint venture of Hindware Home Innovation and Groupe Atlantic, inaugurated a geyser plant in Jadcherla with a Rs 210 crore investment and 500 planned jobs. A further Rs 100-150 crore expansion is planned to lift capacity by at least 50%.
Mold-Tek Packaging has won an order from Grasim Industries' Birla Paints Division to supply packing material for a new facility at Panipat, Haryana, expected to be operational by end of 2023. The estimated value is Rs 30 crore.
Voltas proposed a Rs 500 crore compressor plant in partnership with China's Highly International, which has not yet received government clearance. The article is dated 1 January 2023.
Voltas will invest over Rs 1,000 crore (about USD 121 million) to expand its manufacturing capacity, including a new plant near Chennai, India. The article is dated 1 January 2023.
Schneider Electric plans to invest Rs 425 crore in a new smart factory in Bengaluru that will consolidate 6 of its 10 existing local factories. The campus will expand to 10 lakh square feet and create over 1,000 jobs, with 80% of output exported.
Ingersoll-Rand (India) Limited's board approved on December 22, 2022 a new manufacturing plant in Gujarat, India, with an investment of about INR 170 crore. The plant will add 5,000 units per month initially by September 2024 and make air compressors, air treatment devices and hydrogen compressors.
Larsen & Toubro's LTEH-AM unit won a five-year integrated operations and maintenance contract from Vedanta's Cairn Oil & Gas division for the Raageshwari Gas Terminal and associated gas well pads and satellite fields in Rajasthan, India.
Schmalz India Pvt. Ltd. officially launched a new 1000 sq m manufacturing unit in Bhosari, Pune, for assembling and localizing vacuum handling systems, with an investment of 15 crores.
Shibaura Machine India plans to invest Rs. 225 crore in its Chennai plant to expand injection molding machine capacity to 3,200 machines a year in phases. A new factory adjacent to the existing plant is under construction, with trial production expected by November 2023.
JK Paper agreed to acquire 85% stakes in Horizon Packs and Securipax Packaging, India's corrugated packaging manufacturers with seven plants, for about Rs 578 crore in phases. The remaining 15% will be acquired within three years.
Gradiant, a global water solutions provider, was awarded new contracts worth $20 million in India, according to the release headline. The article body provided does not give further details.
Brazil's Packem and India's Umasree Texplast are partnering on a new plant near Ahmedabad that will make 100% sustainable rPET FIBC/jumbo bags and is expected to create about 700 jobs.
KSB Limited received an order from NPCIL for 8 reactor coolant pumps worth Rs 5013 million for the Kaiga 5 and 6 reactors in India, reported alongside its Q3 2022 sales growth of 17%.
Voltas plans a Rs 500 crore compressor plant near Chennai as a joint venture with Highly International, pending government clearance; the JV will also sell to other brands and export.
Voltas will invest over Rs 1,000 crore to expand manufacturing capacity, including a new plant near Chennai on 150 acres, plus Rs 200 crore each for Baroda and Sanand and Rs 100 crore for Pantnagar.
Voltas plans a Rs 500 crore compressor plant near Chennai as a joint venture with China's Highly International, which is awaiting government clearance under Press Note 3 and PLI approvals.
Voltas plans over Rs 1,000 crore of investment in manufacturing capacity, including a new plant near Chennai, Tamil Nadu, plus additional spending in Baroda, Pantnagar and Sanand.
GE Aerospace and Tata Advanced Systems extended their manufacturing agreement for commercial aircraft engine components, a multi-year contract valued at over USD 1 billion. The parts will be made at Tata's Centre of Excellence for Aero Engines in Hyderabad, announced on 4 November 2022.
Ingersoll Rand agreed to acquire India-based Everest Group and France-based Airmax Groupe for a combined all-cash upfront price of approximately $86 million, plus possible earn-out consideration.
Delhi Milk Scheme awarded Rainbow Packaging Pvt Ltd a tender to manufacture, print and supply 262 MT of three-layer co-extruded pigmented polythene film, with a contract value of ₹4.88 crore and a 365-day period of work.
IndianOil's Marketing HO awarded a tender for 3-ply cartons to pack grease at its Vashi Grease Plant in Maharashtra to Progressive Corrugated Fiberboard Pvt Ltd, with contract value of ₹93.2 lakh over 730 days.
Kamakshi Südpack inaugurated a flexible packaging manufacturing plant at Bavla near Ahmedabad, India, with a Rs 200 crore investment and 24,000 MTPA installed capacity. The plant is expected to be fully operational by January 2023.
Mold-Tek Packaging plans a co-located plant in Panipat to serve Birla Paints, estimated at Rs30 crore and due operational by end-2023, with IML container production planned for northern India.
Mold-Tek Packaging received a Letter of Award from Grasim Industries' Birla Paints division to supply packing material pails.
Lehry Instrumentation and Valves has established a ₹30-crore non-ferrous production facility at Gummudipoondi Industrial Estate near Chennai to make lead-free brass valves, employing 100 people.
IndianOil awarded a tender for procurement of 2-ply laminates for filling and packing 2T Supreme pouches to Kris Flexipacks, with a contract value of ₹2.38 Cr for a 182-day work period.
Ingersoll Rand agreed to acquire SPX FLOW's Air Treatment business, a maker of compressed air dryers and filtration systems, for about $525 million. The business had expected 2022 revenue of about $180 million.
Crane inaugurated its new 10,000 square meter Engineered Check Valves factory in Satara, Maharashtra, India, which directly employs about 100 people and serves chemical, oil and gas, petrochemical and energy customers.
BorgWarner Morse Systems inaugurated a 83,600 sq ft plant at Gudapakkam near Tiruvallur, India, making engine control, variable cam timing and motion control devices, initially for Hyundai Motor India.
BorgWarner Morse Systems India opened its second plant in Tiruvallur District near Chennai, India, for variable camshaft timing systems. Initial capacity is 300,000 units on a single line, with plans to reach 3 million per year within four years.
KSB Limited received an order from NPCIL to supply eight primary coolant pumps with electric motors and spares for Kaiga Atomic Power Project 5 and 6 at Karwar, Karnataka, estimated at Rs 500 crore.
Ballard Power Systems received a fuel cell module order from Medha Servo Drives, which is developing India's first hydrogen-powered trains for Indian Railways. The two retrofitted commuter trains will use 8 units of 100 kW FCmove-HD+ modules, with service expected in 2024.
Security Paper Mill Narmadapuram of Security Printing & Minting Corporation of India concluded a contract with Adsar Hydraulics of Indore for procurement of Rexroth hydraulic pressure control valves. The contract value is INR 399,638.10 and the contract date is 5 July 2023.
Rajasthan State Gangnagar Sugar Mills awarded a 365-day rate contract for corrugated and mono boxes to Ganesh Art Printers, with a contract value of INR 14.49 crore. The tender was published on 25 August 2022, though the page lists a contract date of 17 November 2022.
Concor placed an order for 10,000 containers with Bhavnagar-based APPL Containers for Rs 477 crore, its largest order to a local firm. APPL was the lowest bidder on the tender.