Voltas plans to invest around Rs 200 crore during FY27 and is assessing in-house compressor manufacturing to strengthen backward integration, according to Chairman Noel Tata at the AGM.
TIL Limited, an Indian heavy-equipment and defence engineering company, announced a rights issue of equity shares. The rights issue was reported in a press release dated 28 April 2026.
Danfoss plans to invest ₹1,500 crore in India by 2030 to increase local production, expand capacity and roll out new technology. The focus includes local compressor production for data-center cooling.
Copeland announced a ₹500 crore (US$60 million) investment in India to expand its Atit, Maharashtra manufacturing facility, add a scroll compressor line, and build a 15,000 sq m R&D centre in Pune.
ITT Inc is investing approximately US$11 million to expand pump, motor and control testing capacity at three Industrial Process sites in Obernkirchen (Germany), Vadodara (India) and Dammam (Saudi Arabia).
ELGi Equipments plans a long-term investment of more than ₹500 crore to build new buildings and production lines on its 120-acre campus outside Coimbatore. It will progressively move city factory operations there over five to six years.
Kaeser Compressors India has commissioned a 120kWp captive rooftop solar PV plant at its Pune, Maharashtra manufacturing facility, built with Enerparc India, to cut grid energy use.