Fairfax-backed Maxop Engineering has bought a majority stake in Pune-based Faith Automation Systems and Tooling, a design and engineering firm that automates production lines for vehicle manufacturers. The enterprise value is estimated at Rs 400-500 crore.
Festo India has begun supplying customers from its new manufacturing facility in Bairamangalam, Krishnagiri District, Tamil Nadu, from May 5, 2025. The INR 5.2 billion plant is expected to create 2,000 jobs once fully operational.
Yokogawa Electric signed an agreement to acquire Adept Fluidyne Pvt. Ltd., a leading Indian electromagnetic flowmeter manufacturer based in Pune, Maharashtra. The deal is expected to close by the end of March 2024 and gives Yokogawa a local manufacturing base in India.
Valmet and thyssenkrupp Industries India signed a cooperation agreement to sell and distribute process automation systems for the energy sector.
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.
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.
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.
Endress+Hauser Wetzer plans to invest Rs 100 crore (about $13.4 million) to expand its manufacturing facilities in Aurangabad, India, starting with a 60,000 sq ft building in the Waluj industrial area. A second phase of up to Rs 300 crore is under consideration, as reported on 3 September 2021.
Emerson has opened its Emerson Integrated Manufacturing Campus in Talegaon, Pune, Maharashtra, consolidating eight manufacturing sites into one 800,000 square foot facility, with phase 1 integrating over 450,000 square feet.
Valmet will supply a complete mill-wide Valmet DNA distributed control system to JK Paper Limited for its board project at Fort Songadh Mill in India, with installation scheduled to start in May 2020. The order value was not disclosed.
Metso acquired the Valve Automation division of Rotex Manufacturers and Engineers Private Limited by acquiring all shares of RMEBS Controls Pvt. Ltd. in India to strengthen its valve network.
Metso has completed its acquisition of the valve automation division of India-based Rotex Manufacturers and Engineers, by buying all shares of RMEBS Controls Private Limited. The deal adds actuators, limit switches and process valves to Metso's valve portfolio.
Honeywell will double the operational space of its Fulgaon facility in Pune to 151,000 square feet to meet growing demand for automation solutions. No cost was given.
IMI Precision Engineering held a ground-breaking in Noida near New Delhi for a INR 200 million (about $3.1 million) facility of 67,000 sq ft that will raise production capacity for the Indian market.
Valmet signed a value-added reseller agreement with Consulta Enterprises for power and process industry automation, covering India, UAE, Nigeria, Saudi Arabia, Sri Lanka, Bangladesh and Nepal.