Aakash Minda, Executive Director of Spark Minda receives the Government of India’s ECMS approval from Union Minister Ashwini Vaishnaw for Minda Instruments’ Display Module manufacturing initiative

The company will set up a greenfield facility for TFT display module assembly as part of its backward integration strategy. Minda Instruments currently supplies instrument clusters and automotive electronics to major original equipment manufacturers (OEMs); the new facility will allow it to manufacture the display component in-house rather than import it.

"This approval reflects the confidence the Government of India has placed in our engineering capabilities," said Aakash Minda, Executive Director, Minda Corporation Ltd. "A display is the point where a driver meets the vehicle. Bringing its manufacture to India is a natural continuation of the work we have built over the past decade. Import substitution is one part of this story, but the larger purpose is building the depth and precision India needs to design and manufacture the electronics that will define mobility going forward. We see this as an early step in that direction, and one we are committed to leading."

India has bought its dashboard displays from abroad for years. Minda is putting an end to that. A domestic plant means shorter supply lines, and less exposure the next time a chip shortage or a shipping crisis rattles the industry, as both have in recent years.

The facility will also cater to external customers, giving the company access to supply contracts across the broader automotive electronics market. The August 17 tranche of approvals carries a projected investment of Rs 7,877 crore and is expected to generate 9,588 direct jobs. Cumulative investment approved under ECMS since its launch stands at Rs 69,548 crore across 15 states.

For Minda Corporation, this builds on years of work inside India's automotive electronics ecosystem, and it puts the company among the country's leading players in the space.

About Minda Corporation (BSE: 538962; NSE: MINDACORP)

Founded in 1958 by the late Shri Shadi Lal Minda, Spark Minda is one of India's leading automotive component manufacturers, serving major OEMs and Tier-1 suppliers across passenger vehicles, commercial vehicles, two-wheelers, off-road vehicles and the aftermarket. With over six decades of engineering excellence, the Group has evolved into a global mobility technology company focused on delivering intelligent, connected and sustainable automotive solutions.

Spark Minda operates across 42 manufacturing plants and offices in six countries, including India, Indonesia, Vietnam, Japan, Uzbekistan and Poland, and has a workforce of over 23,000 professionals. The Group has a strong R&D ecosystem comprising 1,000+ engineers, two Advanced Spark Minda Technical Centres in Pune and Bengaluru, nine engineering centres across India, and 11 global technology partnerships.

Its comprehensive portfolio includes vehicle access systems, smart electronics, advanced automotive sensors, instrument clusters, telematics, wiring harnesses, die-casting solutions, interior plastics, electric vehicle mobility solutions, starter motors and alternators, among others. Spark Minda continues to invest in advanced engineering, digital technologies and strategic collaborations, with a focus on electronics, mechatronics, software-defined vehicles, connected mobility, EV technologies and intelligent safety systems. The Group is also committed to ESG and community development through the Spark Minda Foundation.

Upgrade Your Warehouse with METSTO Adjustable Pallet Racking Systems Designed for Flexible Storage, Better Space Utilization, Easy Access to Inventory, and Lasting Durability

Putting customers first with a flexible and integrated storage offering

Wider access to versatile, warehouse-ready adjustable pallet racking solutions

Metal Storage Systems Pvt. Ltd. now brings customers a broader selection of adjustable pallet racking configurations that accommodate diverse inventory sizes, weights, and product types, enabling seamless storage optimisation across warehouses of every scale.
 

Smarter, scalable storage for evolving warehouse demands

From bulk pallet storage and multi-level picking to high-density configurations for fragile, odd-shaped, or heavy goods; METSTO's adjustable pallet racking system is engineered for cloud-level flexibility in warehouse environments, whether for distribution centres, manufacturing units, retail fulfilment, or cold storage facilities.
 

End-to-end support rooted in expertise, accessibility, and long-term value

Combining METSTO's deep engineering capabilities with a customer-first approach ensures clients receive sustained rack performance and responsive service throughout the system's lifecycle; from design and installation to regular inspections and after-sales support.
 

Strengthening readiness for the next era of warehouse storage

As operational efficiency, inventory accuracy, and space optimisation reshape warehouse infrastructure, METSTO's adjustable pallet racking system is prepared to meet rising demands with a unified, future-ready approach built on:

• High load-bearing capacity and structural durability

• Adjustable beams and shelves for flexible configuration

• Easy accessibility for streamlined picking and stocking

• Cost-effective space utilisation without facility expansion

• Customised solutions aligned to specific operational goals

These capabilities ensure customers can scale, adapt, and modernise their warehouse storage with confidence, while retaining the dependable partnership they have always had with Metal Storage Systems Pvt. Ltd.

A refreshed product approach reflecting a sharper, warehouse-first direction

As part of its strengthened positioning, Metal Storage Systems Pvt. Ltd. continues to evolve its adjustable pallet racking system offerings with enhanced customisation options and a wider range of configurations. Each racking solution is preceded by a thorough assessment of the client's inventory dimensions, payload requirements, space availability, and frequency of material movement. This ensures every installation is safe, efficient, and perfectly aligned with the warehouse's operational goals. For practical usage and convenience, Metal Storage Systems Pvt. Ltd. provides complete support across its wide pan-India branch network — right from rack design and installation to after-sales service.

Leadership Quote

"METSTO's adjustable pallet racking system is a reflection of our commitment to delivering safe, reliable, and fully customised storage solutions to warehouses across India. What remains unchanged is our focus on trusted performance, flexibility, and customer satisfaction. With a strengthened product range and our expanding pan-India presence, we are equipped to support businesses as their storage needs grow and evolve."

As organisations across industries increasingly depend on intelligent storage infrastructure to optimise their warehouse operations, METSTO's adjustable pallet racking systems have ensured advanced solutions to store, retrieve, and manage inventory with precision. With its manufacturing expertise and pan-India branch network spanning Bengaluru, Chennai, Coimbatore, Hyderabad, Cochin, Hosur, Ahmedabad, Delhi, Pune, Telangana, Goa, and Sri City, Metal Storage Systems Pvt. Ltd. reduces operational risk, enables efficient space utilisation, and supports long-term, sustainable warehouse growth. Hence, METSTO's adjustable pallet racking system is the ideal solution to enhance warehouse infrastructure and future-proof an organisation's storage operations.

"Some things aren't disrupted because they're already perfect. The AODD pump is one of them—and Meet Jain has built a business on that foundation."

Antlia Engineering Works, a leading AODD Pump Manufacturer in India, provides reliable industrial pumps for chemical processing and fluid handling applications

The Call That Started Everything

In 2017, a young entrepreneur in Mumbai picked up the phone and called India's biggest Air Operated Double Diaphragm (AODD) pump manufacturer. Meet Jain was excited, ambitious and ready to build something significant. What he heard on the other end of that call would define the next decade of his life.

"What value addition will you bring to my company?" the owner asked. Then: "What's your MOQ?" That was the end of that conversation.

Rather than being discouraged, Meet made a different call to a mid-level manufacturer who gave Antlia Engineering Works the importance a new business deserved. Best pricing. Excellent after-sales service. And crucially, a willingness to co-develop products. Together, they developed a flap-type AODD pump that would become a cornerstone of Antlia's product range.

Within three years, Antlia became that manufacturer's top purchaser. The foundation was set.

The Decision That Changed Everything

Growth, however, rarely travels in a straight line. When their supplier raised prices by 30–35% overnight, Meet faced one of the most consequential decisions of Antlia's journey: absorb the cost, or rebuild the supply chain from scratch.

He chose the harder path. Antlia shifted its entire aod pump manufacturing operation from Vasai to Gujarat, a move that initially demanded significant investment, coordination, and patience. The result was transformative. Better quality. Better after-sales service. A stronger partnership built on mutual respect rather than dependency.

Five years on, India's biggest AODD pump manufacturer has been actively approaching Antlia for over a year, hoping to win back their business. The student had become the standard.

Building One of India's Leading AODD Pump Manufacturers

Today, Antlia Engineering Works is recognised as one of India's largest AODD Pump manufacturers. Founded in 2017 and ISO 9001:2015 certified, the company manufactures a comprehensive range of Air Operated Double Diaphragm pumps available in Polypropylene (PP), Stainless Steel 316 (SS316), PVDF and Aluminium alongside barrel pumps and centrifugal pumps, serving the chemical, pharmaceutical, paint, oil & gas and automotive industries.

The AODD pump invented by Jim Wilden in 1955 has remained fundamentally unchanged for 70 years, and for good reason. It requires no electricity, is intrinsically safe near flammable fluids, self-primes, runs dry without damage, handles abrasive slurries and operates submerged. No other pump technology replicates this combination of capabilities. Antlia has built its reputation on mastering and manufacturing this irreplaceable technology.

The company's client roster reflects the trust it has earned: Ministry of Defence, Indian Oil Corporation (IOCL), Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL), Asian Paints, ITC, Godrej, Adani Solar, Coca-Cola, and 3M  a global brand that found Antlia through a Google search and reached out directly, without a single cold call.

Thinking Global From a Mumbai Factory

With exports to over 20 countries  including the USA, Saudi Arabia, Kuwait, UAE, Kenya, South Africa, Australia, Ghana, Nigeria, Nepal, Chile, and beyond.  Meet's vision for Antlia has always extended beyond Indian borders. In 2024, that global thinking took a concrete digital form.

Antlia became one of the first Indian industrial pump manufacturers to launch a fully multilingual website available in English, French, and Arabic. The reasoning was strategic: over 300 million French speakers across Africa and Europe search and buy in their language, not English. The Middle East, home to some of the world's largest oil and gas companies relies on Arabic-language search. Google's algorithm rewards local-language content with higher rankings in local search results. If your website doesn't speak your customer's language, it effectively doesn't exist for them.

Antlia also holds GeM (Government e-Marketplace) seller registration, Ministry of Defence approval, and has exhibited at industrial trade expos in Indore, Hyderabad, and Delhi with international exhibition plans in the pipeline.

Redefining How Industrial Equipment Is Bought in India

In a sector still largely defined by phone calls, distributor networks, and long procurement cycles, Meet made a move that no Indian AODD pump manufacturer had attempted before: he launched a direct diaphragm pump e-commerce website where customers can purchase AODD pumps online, directly from the manufacturer.

Platforms like Amazon, IndustryBuying, and Moglix list double diaphragm pumps but as third-party sellers. Antlia's e-commerce platform is different in a fundamental way: the company that designs, manufactures, tests and services the pump is the same company taking your order. No resellers. No markups. No middlemen. Accurate specifications, application guidance, and after-sales support are built into the purchase, not bolted on after.

This manufacturer-to-customer direct model, rare anywhere in the world for industrial pump equipment, is a signal of where Antlia is headed: a modern, digitally-native industrial company that happens to make world-class pumps.

The Man Behind the Machine

Meet Jain is the founder and owner of Antlia Engineering Works. With over a decade of experience spanning B2B sales, strategic partnerships, manufacturing operations, and international trade, he brings a rare combination of technical depth and commercial sharpness to industrial manufacturing.

Meet Jain holds a degree in Mechanical Engineering from NMIMS-MPSTME and an MBA from Jamnalal Bajaj Institute of Management Studies (JBIMS) one of India's most prestigious business schools while simultaneously building Antlia Pumps.

At Antlia, he personally oversees product quality, customer delivery and technical support ensuring that every pump leaving the factory meets the stringent standards demanded by defence establishments, PSUs, and global industrial clients.

What's Next for Antlia

From a Mumbai-based startup that once couldn't get a callback from India's biggest pump manufacturer, Antlia Engineering Works has grown into a globally exporting, ISO 9001:2015 certified, Ministry of Defence-approved manufacturer with clients spanning some of India's most demanding industries and over 20 countries worldwide.

With international trade exhibition plans in Southeast Asia, a multilingual digital presence, a direct e-commerce channel, and a YouTube channel whose technical content has crossed 465k organic views. Antlia is building the digital and physical infrastructure to serve industrial customers across the world.

The AODD pump has survived 70 years without being replaced. Meet Jain is betting that the company he has built around it will last just as long.

Venkatesh Pakala (Dy CEO, RENAATUS Procon); Manoj Poosapoan (JMD, Renaatus Group); P. Selvasundaram (CMD, Renaatus Group); Basto Collins (Sr VP, Renaatus Product)

Backed by an investment of INR 350 crore, Renacon has established a world-class integrated manufacturing facility at Naidupeta, Andhra Pradesh, dedicated to the production of AAC Blocks, Rapid Wall Panels and Fibre Cement Boards. Built in a record 12 months, the facility introduces globally benchmarked Laminar Flow Technology to India, delivering precision-engineered, sustainable building materials designed to meet the growing demands of modern construction.

Speaking at the launch, Mr. P Selva Sundaram, Chairman and Managing Director, Renaatus Group, said, "The launch of RENAFLEX represents a defining milestone in Renacon's journey towards becoming a complete building solutions provider. Our INR 350 crore investment reflects our long-term vision of combining advanced manufacturing, innovation and sustainability to create world-class products for India's construction industry. By bringing globally proven Laminar Flow Technology to India, we are delivering Fibre Cement Boards that offer superior strength, precision, durability and consistency while supporting faster, safer and greener construction. As India accelerates infrastructure development under Vision 2047 and the 'Make in India' initiative, RENAFLEX will empower architects, developers, contractors and homeowners with high-performance building materials that are built for the future."

The launch further strengthens Renacon's expanding portfolio, which already includes Renacon AAC Blocks—South India's largest and one of the most preferred AAC block brands—manufactured across three facilities in Tamil Nadu with a combined annual production capacity of one million cubic metres, along with Rapid Wall AAC Sandwich Panels and Renafix Drymix Products. With India's construction sector increasingly embracing sustainable and high-performance building materials, Renacon expects RENAFLEX to play a significant role in enabling modern dry wall solution considering labour shortage by adding to the faster construction, safer and environmentally responsible construction across residential, commercial and industrial projects. This can assist in building government housing schemes like Pradhan Mantri Awas Yojana 2.0 scheme targeting 1 crore additional houses and Affordable Rental Housing Complexes scheme for quicker completion.

With India's AAC market growing at a CAGR of 10–12% since 2010 and projected to expand by nearly 15% annually over the next five years, Renacon expects RENAFLEX to play a key role in accelerating the adoption of advanced Fibre Cement Board systems and driving the transition towards faster, greener and more sustainable construction across India. We are looking at 100% utilization of the existing plant in Naidupeta by March 2027 which will help Renaflex gaining a good share in Fibre cement board market in a year and half time.

Asia's Largest Integrated AAC and Fibre Cement Board Manufacturing Facility
The new Naidupeta facility has an annual production capacity of 60,000 metric tonnes of Fibre Cement Boards, making it Asia's largest integrated AAC and Fibre Cement Board manufacturing facility. The project is expected to generate employment direct and indirectly for more than 1000 people, while strengthening domestic manufacturing under the Government of India's "Make in India" initiative.

At the heart of the manufacturing process is Laminar Flow Technology, an advanced production system that ensures:

• Superior flexural strength 

• Excellent impact resistance 

• Zero undulation for exceptionally smooth surfaces 

• High dimensional accuracy and consistency 

• Enhanced durability for long-term performance 

The facility manufactures both Type A (High Density) and Type B Fibre Cement Boards, along with RENAFLEX Elegante Designer Fibre Cement Boards, specially developed for architects and designers seeking premium aesthetics for wall cladding, façades and interior décor. The high-density boards are engineered for demanding exterior applications requiring exceptional strength and weather resistance.

Engineered for Green, Fire-Rated and Sustainable Construction
RENAFLEX Fibre Cement Boards are precision-engineered for modern interior and exterior construction systems, combining durability, safety and sustainability.

Key features include:

• Fire resistance 

• Moisture resistance 

• Termite resistance 

• High dimensional stability 

• Smooth and consistent finishes 

• Long service life 

• Faster installation with reduced maintenance 

The boards are suitable for a wide range of applications, including:

• Interior partitions 

• False ceilings 

• Façades 

• Mezzanine flooring 

• Roof underlay 

• Wet area installations 

• Duct covering 

• Prefabricated structures 

• Furniture 

• Modular interiors 

Manufactured using environmentally responsible processes, RENAFLEX supports sustainable construction by reducing environmental impact while improving durability, operational efficiency and lifecycle performance. The product aligns with green building certification frameworks such as IGBC and GRIHA, helping developers deliver environmentally responsible and energy-efficient buildings.

With increasing emphasis on fire-rated construction across commercial, industrial and public infrastructure projects, RENAFLEX is well positioned for applications in commercial buildings, hospitals, educational institutions, industrial facilities, site offices, security cabins and residential developments.

Fibre Cement Boards have already gained widespread acceptance across Europe, the United Kingdom, the United States, China and Australia for their strength, durability and sustainability. Through RENAFLEX, Renacon aims to bring these globally benchmarked standards to the Indian construction industry.

Expanding Across India and Global Markets
Renacon will initially focus on the southern markets of Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Kerala, before expanding into international markets across Europe, the Middle East and Africa and 50% of the business to come from exports for Renaatus Products Private Limited. The company expects growing demand for prefabricated construction, sustainable building materials and fire-rated building systems to drive strong growth in both domestic and overseas markets.

About Renacon
Renacon is the flagship building materials brand of Renaatus Procon Private Limited, headquartered in Erode, Tamil Nadu. The company manufactures AAC Blocks, Rapid Wall AAC Sandwich Panels, Renafix Drymix Products and RENAFLEX Fibre Cement Boards, delivering innovative, sustainable and high-performance building solutions for modern construction.

The Renaatus Group has executed several landmark infrastructure projects across India and overseas, including Rajahmundry Airport, Chennai Central Tower—one of Chennai's tallest commercial developments—and the Gan International Airport Project in the Maldives. The Group has also launched its flagship residential development, VARAM in Coimbatore, further strengthening its commitment to creating world-class infrastructure and sustainable communities.

Participants in the Press meet:

• Mr. P Selva Sundaram, Chairman and Managing Director, Renaatus Group

• Mr. Manoj Poosappan, Joint Managing Director, Renaatus Group

• Mr. Venkatesh Pakala, Dy, CEO, Renaatus Procon Private Limited

• Mr. Basto Collins, Senior Vice President, Renaatus Products Private Limited

The proposed transaction includes Oriflame India's manufacturing facilities located in Roorkee, Uttarakhand, and Noida, Uttar Pradesh. Completion of the transaction remains subject to customary closing conditions and regulatory approvals.

As part of the agreement, Oriflame and Akums will enter into a long-term strategic manufacturing and supply partnership. Under this arrangement, Akums will continue to manufacture Oriflame products, ensuring continuity of supply and maintaining the high standards of quality expected by Oriflame Beauty Entrepreneurs and customers.

India remains a strategically important market for Oriflame. The company has operated in the country for more than 30 years and will continue to grow its fast-growing social selling business, serving consumers through its network of Beauty Entrepreneurs across the country.

The transaction forms part of Oriflame's ongoing efforts to optimise its global operations and sourcing footprint while maintaining strong product quality, operational resilience and service levels.

Anna Malmhake, CEO and President of Oriflame, said, "India is an important market for Oriflame and we remain fully committed to our long-term growth ambitions in the country. Through this strategic partnership with Akums, we are securing access to high-quality manufacturing capabilities while enabling greater operational flexibility and alignment with our sourcing strategy. We are pleased to be partnering with a trusted and reputable manufacturer that shares our commitment to quality and excellence."

Edyta Kurek, Senior Vice President and GM, Oriflame India, added, "Oriflame's manufacturing standards in India have been built over more than three decades of expertise at our Roorkee and Noida facilities. As a Swedish brand, we have always believed in building long-term, sustainable partnerships that uphold the highest standards of quality. Our partnership with Akums reflects that philosophy, bringing together Oriflame's global product expertise and uncompromising quality standards with Akums' manufacturing excellence to support our long-term growth in India. For our Beauty Entrepreneurs and customers, it is business as usual, with our commercial operations, products and services remaining unchanged. We are pleased that the partnership is intended to ensure continuity for employees while preserving the expertise built within these facilities. Together with Akums, we look forward to continuing to serve our Beauty Entrepreneurs and customers across India for many years to come."

Employees currently working at the manufacturing sites will be offered to continue their employment with the new owner on the same terms and conditions.

Oriflame's commercial operations, Beauty Entrepreneur network, trademarks and customer-facing activities in India are not part of the transaction and will continue to be operated by Oriflame India Private Limited.

About Oriflame  

As a globally renowned beauty and wellbeing company, Oriflame has empowered individuals since 1967 through its diverse portfolio of high-quality, innovative, and sustainable beauty and wellbeing products. It operates in over 60 markets.

Oriflame operates through a modern social selling model, enabling over 3 million Beauty Entrepreneurs and members worldwide to become beauty industry insiders through a ‘Plug and Play’ micro-entrepreneurship model. Oriflame’s product range spans skincare, cosmetics, fragrances, personal care, and nutritional supplements, all crafted with care to promote holistic wellbeing. Oriflame continues to make a positive impact on communities worldwide and has been named a European Climate Leader by the Financial Times and Statista for the past five years.

In India, Oriflame continues to build opportunities for women to achieve financial independence while promoting holistic wellbeing.

For more information, visit in.oriflame.com.

Cycle Pure Agarbathi Unveils New Festive Fragrance Range Ahead of the 2026 Festive Season

Founded in 1948 by visionary entrepreneur Shri N. Ranga Rao, Cycle Pure Agarbathi has grown from a traditional incense manufacturer into a globally trusted brand. Over the decades, the company has strengthened its leadership through consistent product innovation, responsible manufacturing, modern technology, and an unwavering focus on quality, while remaining deeply rooted in Indian culture and spirituality.

As a pioneer in sustainable manufacturing, Cycle Pure is proud to be the world's first carbon-neutral agarbathi manufacturer, a milestone it has consistently maintained through investments in renewable energy, afforestation initiatives and responsible manufacturing practices. Reinforcing its commitment to environmental stewardship, the company has also achieved Plastic Neutral status by offsetting the equivalent amount of plastic it uses through certified plastic waste recovery and recycling initiatives.

Bamboo-less Solid Dhoop – 3 variants Dasara, Yagna and Woods each fragrance has been thoughtfully crafted to evoke a distinct sensory experience.

Inspired by the grandeur of the world-renowned Mysuru Dasara celebrations, Dasara combines the warmth of sandalwood with a rich masala blend to recreate an atmosphere of celebration, elegance and timeless tradition.

Yagna, one of Cycle’s oldest and most revered formulations, traces its origins to the late 1940s. Inspired by the sacred Vedic ritual of offering natural ingredients to the holy fire while chanting mantras, it creates a divine fragrance that enriches prayer, meditation, and spiritual reflection.

Drawing inspiration from the serenity of nature, Woods captures the feeling of an early morning walk through a lush forest. Blending sandalwood, amber, Ailanthus Malabarica and natural oils, it offers a deep, woody fragrance that promotes calm, balance and rejuvenation.

In Indian tradition, Medini is revered as the Earth Goddess, symbolizing stability, abundance, and harmony. Inspired by this nurturing essence, Medini Judwa Cup Sambrani is crafted to create a deeply calming and sacred atmosphere for your prayers and rituals. The special pack contains two soothing fragrances - Rose and Jasmine, each chosen for its ability to enhance the spiritual ambience of your home.

Speaking at the media interaction, Mr. Amarnath Datta, Chief Sales and Marketing Officer, said, "For over 77 years, our journey has been guided by one simple philosophy to honour tradition while continuously evolving with changing consumer needs. Our success has been built on trust, consistent quality and innovation. While our roots remain firmly embedded in Indian culture and spirituality, we have embraced modern technology, research-led product development and sustainable manufacturing practices to remain relevant across generations. Today, consumers can access our products through traditional retail, modern trade, e-commerce and quick-commerce platforms, ensuring we remain available wherever they choose to shop."

He further added, "Innovation also means taking responsibility towards the environment. As the world's first carbon-neutral agarbathi manufacturer, and now a Plastic Neutral company, sustainability is embedded into the way we design, manufacture and deliver our products. Equally important is our commitment to creating sustainable livelihood opportunities for women, reinforcing our belief that business growth must go hand in hand with social progress."

The company noted that consumer preferences are increasingly shifting towards premium pooja products, authentic fragrances and environmentally conscious choices. These changing preferences have inspired the development of the new festive range, which combines traditional fragrance experiences with modern innovation.

Mr. Dwaipayan Das, Associate Vice-President, Marketing, said, "The festive season is a time of deep emotional and spiritual connection for Indian families. Consumers today are seeking products that combine authenticity, quality and sustainability. Our latest launches reflect these evolving expectations while preserving the rituals and traditions that have been passed down through generations. Bihar continues to be an important market for us, and we are witnessing growing demand for premium fragrance offerings during the festive season."

The company also highlighted that its recent acquisition of Satvik aligns with its long-term vision of strengthening its presence in the pooja and spiritual products category. By bringing together complementary strengths, the company aims to offer consumers a broader portfolio of trusted products while continuing to invest in innovation, sustainability and consumer-centric growth.

As India prepares for the festive season, Cycle Pure Agarbathi remains focused on expanding its product portfolio, strengthening its market presence across channels, and delivering meaningful fragrance experiences that bring together heritage, innovation and responsible growth.

About NR Group

Founded in 1948 by visionary entrepreneur Shri N. Ranga Rao in Mysuru, NR Group is the maker of Cycle Pure Agarbathi, India's No.1 agarbathi brand and one of the world's largest incense manufacturers. Over the past 77 years, the Group has diversified into home fragrances through IRIS, functional air care products under Lia, floral extracts through NESSO, and aerospace engineering through Rangsons. Guided by its philosophy of innovation with responsibility, NR Group continues to blend heritage, sustainability and community development while serving consumers across India and more than 75 countries.

Giriraj Singh, Union Minister of Textiles, with Padma Shri Dr. Rajinder Gupta, Rajya Sabha MP & Chairman Emeritus, Trident Group, and Neha Gupta Bector, Chairperson, myTrident, at Bharat Tex 2026

Building on a resilient FY27 performance, the Group is sharpening its focus on unlocking the full potential of its existing assets, embedding digitalization across operations and scaling a robust research and development engine to power its next wave of growth. On growth, Trident delivered a resilient performance in FY27 despite global headwinds, maintaining a stable revenue base.  

Strengthening its innovation architecture, the company has established a dedicated Innovation Cell and invested over INR 100 crore towards advanced R&D and environmental performance. Backed by 17+ patents and 147 trademarks, this innovation engine is driving next-generation advances in advanced fibre blends, functional finishes and high-performance yarns tailored to premium and niche markets. 

Padma Shri Dr. Rajinder Gupta, Member of Parliament, Rajya Sabha and Chairman Emeritus Trident Group, sharing his vision, said, "As the global textile industry converges at Bharat Tex 2026, India is no longer simply participating in the conversation. It is helping shape the future of global textiles. In just three editions, Bharat Tex has emerged as one of the world's most significant textile platforms. By bringing together the entire textile value chain, it has created unparalleled opportunities for global brands, buyers, innovators and manufacturers to connect, collaborate and build the future together. At Trident, we believe that the future of the industry lies at the intersection of innovation, design and craftsmanship. Through ‘The Expression of Living,' we are proud to showcase how purposeful innovation and world-class design can redefine modern living while carrying India's rich creative heritage to the world. Our partnership with NIFT is central to this vision; together, we are nurturing India's design talent, strengthening the country's design ecosystem, and taking Indian creations to global markets.”

As part of this larger vision, myTrident, the flagship home decor brand from the Trident Group, unveiled its upcoming festive collections and new home decor ranges, while also introducing Torani for myTrident, Karan Torani's first home décor collaboration, alongside the second edition of Shivan & Narresh for myTrident. Together, these launches reflected myTrident's growing focus on design-led collaborations that bring together contemporary creativity, Indian craftsmanship and cultural storytelling to shape the future of premium home decor.

Commenting on the launch of the new collections and working with the designers, Neha Gupta Bector, Chairperson, myTrident, said, “The theme, 'The Expression of Living', reflected our belief that the home is an extension of who we are, and every space should tell a story. Through this showcase, we brought together thoughtful design, craftsmanship and creativity to demonstrate how home decor is evolving beyond functionality into a form of personal expression. Our collaborations with Karan Torani and Shivan & Narresh, alongside our latest festive collections, reflected our vision of creating spaces that celebrate individuality while remaining rooted in Indian design and craftsmanship."

Rajneesh Bhatia, CEO of myTrident, “Bharat Tex 2026 signals India’s growing textile footprint, with this year’s exhibition being comparable to others across the world that’ve been around far longer. “We are increasing our retail touch points from the current 7,000 to 10,000. This expansion will solidify our position as a leading home furnishings brand in India and broaden our footprint across domestic market. To drive further growth, we're focusing on key opportunities in HORECA & institutions, where we aim to capture the largest market share, and also focus on expanding our gifting solutions portfolio.”

With 'The Expression of Living,' Trident Group brought together innovation, design and craftsmanship under one vision at Bharat Tex 2026, reinforcing its position as one of India's leading home textile players and its commitment to shaping the future of modern living. As it enters its next phase of growth, Trident remains focused on purposeful innovation, world-class design and sustainable value creation, carrying India's rich creative heritage to homes and markets across the world.

About the Trident Group 

Trident Limited is the flagship company of Trident Group, an Indian business conglomerate and global player. Headquartered in Ludhiana, Punjab, Trident Limited is a vertically integrated textile (Yarn, Bath & Bed Linen) and Paper (Wheat Straw-based) manufacturer. Trident's towels, yarns, bedsheets, and paper businesses have earned global recognition and are delighting millions of customers across India and the world. Trident is one of the largest players in home textiles in India.

Supplying national, captive, and retailer-owned brands; the organization is highly decorated with awards from its customers, vendors, and various government entities in recognition of advancing the highest standards in product quality, social responsibility, and environmental stewardship. The company operates in three major business segments: Textiles, Paper, and Chemicals, with its manufacturing facilities in Punjab and Madhya Pradesh.

About myTrident

myTrident is Trident Group’s flagship brand specializing in luxurious & premium home furnishings. The company caters to all segments across luxury, premium to everyday. From designs, innovation and sustainability, the brand has been setting benchmarks in the home textile industry. With a sharp focus on customer demands, myTrident offers a range of exquisite products including bed sheets, towels, pillows, bathrobes, top of bed, and much more. Each item is crafted with precision and attention to detail, to offer customers an unparalleled sense of comfort, style, and elegance. myTrident products can be found across all leading hotels of the country. The brand also offers an easy online shopping experience at www.mytrident.com.

A selection from Unwired Connect's DALI-2 certified constant current LED driver range, including DT6, DT8 Tunable White and DT8 RGB variants, all designed, developed and manufactured in India

Unwired Connect became an Associate Member of the DALI Alliance in May 2026, with its DALI-2 products certified in June and July 2026 and several more in the pipeline. The certification covers the company's 15W, 24W and 40W DT6 drivers, DT8 Tunable White drivers, and RGB DT8 drivers, marking a significant milestone in the company's journey to build globally compliant automation products from India.

The DALI-2 DT8 RGB Driver from Unwired Connect, offering precise RGB colour control alongside the advanced interoperability of the DALI-2 standard

With this achievement, Unwired Connect becomes one of the few Indian companies to design, develop, and manufacture DALI-2 certified products locally, reinforcing its commitment to advancing indigenous innovation in the building automation sector.

DALI-2 is the globally recognized standard for intelligent lighting control systems, enabling seamless interoperability between lighting and automation devices from different manufacturers. Certification ensures that products meet stringent requirements for performance, reliability, and compatibility, making them suitable for deployment across commercial buildings, hospitality projects, industrial facilities, and smart infrastructure developments worldwide.

Unlike many solutions available in the market that rely on imported or rebranded technologies, Unwired Connect's DALI-2 certified products have been engineered from the ground up at the company's R&D and Innovation Centre in India and manufactured locally. The achievement reflects the company's ability to meet rigorous international standards while building technology tailored for the evolving needs of modern buildings.

"Achieving DALI-2 certification is a proud milestone for Unwired Connect and a testament to our team's engineering expertise and commitment to innovation. What makes this achievement particularly significant is that these products have been designed, developed, and manufactured in India. As one of the few Indian companies with DALI-2 certified products, we are demonstrating that world-class automation technologies can be built locally while meeting the highest global standards. This certification further strengthens our position as a technology partner for the automation industry and enables us to offer customers a comprehensive portfolio spanning both wired and wireless automation solutions," said Varun Joshi, Co-Founder, Unwired Connect.

"Getting DALI-2 certified is genuinely hard. Each driver had to prove itself on precise dimming, fault handling, and real plug-and-play compatibility with other brands' devices, with nothing left to chance. Doing all of this in-house means we truly understand our hardware and firmware, and that gives us a strong base to keep expanding our DT6, DT8 Tunable White, and RGB range as our customers' needs grow," said Nitesh Vasant, Co-Founder and CTO, Unwired Connect.

The certification journey required Unwired Connect to adhere to stringent global benchmarks across hardware architecture, electronic design, firmware development, interoperability testing, and product performance validation. Successfully meeting these requirements underscores the company's focus on engineering excellence and its ability to deliver globally competitive automation products.

The milestone also expands Unwired Connect's market opportunities by enabling deeper engagement with system integrators, lighting manufacturers, and automation solution providers seeking standards-compliant products for large-scale projects. With a complete portfolio that now supports both wired and wireless automation ecosystems, the company is well-positioned to address the growing demand for intelligent, energy-efficient, and future-ready buildings.

As smart building adoption accelerates across India and global markets, Unwired Connect remains focused on developing innovative automation technologies that simplify integration, enhance operational efficiency, and support sustainable infrastructure development.

About Unwired Connect

Unwired Connect is a technology-driven company specializing in building automation, IoT, and smart infrastructure solutions. Through its focus on research, innovation, and local manufacturing, the company develops intelligent products that enable smarter, more connected, and energy-efficient buildings. Unwired Connect's solutions are deployed across commercial, industrial, and institutional environments, helping organizations accelerate their digital transformation and sustainability goals.

For more information visit: www.unwiredconnect.in

Mr Deepak Chaudhary, Chairperson, Urban Tots
 

Among them is Urban Tots, an Indian toy manufacturing company that has rapidly expanded its operations over the past five years. Operating from a 350,000-square-foot manufacturing facility in Bhiwadi, Rajasthan, the company currently employs more than 450 people and manufactures a wide range of toys for the domestic market.
 

The company's origins trace back to an observation made by entrepreneur Deepak Chaudhary, who noticed that the toys in his children's collection were predominantly imported and carried labels from other countries. The realization highlighted India's dependence on imported toys and eventually led to the establishment of Urban Tots.
 

Unlike many businesses that entered the category through imports, Urban Tots chose to invest in domestic manufacturing. Its manufacturing journey formally began with the Bhoomi Poojan of its facility on 14 August 2021. Developing large-scale production capabilities required investments in advanced machinery, workforce development and technical expertise.
 

To strengthen its manufacturing capabilities, the company's founding team studied production technologies and factory operations in China before adapting those learnings to establish a modern manufacturing ecosystem in India focused on efficiency, precision and scalability.
 

Today, the facility operates with automated conveyor systems, Poka-Yoke quality mechanisms and production processes designed to reduce defects while ensuring consistent quality. Products are manufactured in compliance with internationally recognised safety standards, including EN71 and BIS certifications.
 

The company has also integrated sustainability and responsible manufacturing practices into its operations, focusing on reducing waste while improving productivity.
 

Urban Tots initially entered the market with role-play trolley products before expanding into multiple categories. The company is now a manufacturer of ride-on and battery-operated toys, including electric cars and tractors, along with infant products, sensory toys and educational learning kits aimed at supporting early childhood development.
 

Alongside manufacturing expansion, the company has developed a nationwide distribution network comprising thousands of dealers and retailers and has established its presence across major online marketplaces. In addition to its own consumer brand, Urban Tots also manufactures products for several established companies, supplying toys that reach households across India under different labels.
 

Industry observers note that India's toy sector is entering a critical phase of growth. Increased domestic manufacturing capacity, stronger quality regulations and changing consumer preferences are gradually reshaping an industry that was once heavily dependent on imports.
 

The sector's development aligns with broader changes taking place across India's manufacturing landscape, where improving infrastructure, policy support and technology adoption are encouraging companies to compete in international markets while serving growing domestic demand.
 

According to Deepak Chaudhary, India's strengths position it well for global competitiveness in toy manufacturing.
 

"India has every ingredient required to become a global toy manufacturing hub—entrepreneurship, engineering talent, manufacturing capability and an enormous domestic market. The next step is to build products that are recognised worldwide not because they are made in India, but because they represent quality, innovation and trust."
 

Urban Tots' growth reflects a wider trend of manufacturing-led expansion within the toy industry, where long-term investments in infrastructure, technology and workforce development are becoming increasingly important.
 

As India seeks to strengthen its position in global supply chains, companies such as Urban Tots are contributing to the country's efforts to transition from a major toy import market to a competitive manufacturing and export destination.
 

About Urban Tots
Urban Tots is an Indian toy manufacturing company headquartered in Bhiwadi, Rajasthan. Operating from a 350,000-square-foot integrated manufacturing facility, the company designs and manufactures ride-on toys, battery-operated vehicles, educational toys, infant products and sensory toys. With a workforce of more than 450 employees, a nationwide distribution network and partnerships with leading retailers and brands, Urban Tots is committed to establishing India as a globally competitive hub for toy manufacturing through innovation, quality and sustainable manufacturing.

SIG Tattva, the Corporate Venture Capital and Innovation arm of Somany Impresa Group, in partnership with Pontaq Ventures, successfully conducted a two-day Founder Immersion & Start-up Workshop on June 24^th & 25^th June, 2026, at the manufacturing facilities of AGI Greenpac Limited, one of the Group companies of Somany Impresa Group and India’s leading glass packaging manufacturer. The program brought together start-up founders, investors, and industry leaders to strengthen collaboration between start-ups and the manufacturing ecosystem through an immersive shop-floor visit on Day 1 and a start-up-focused workshop on Day 2, fostering knowledge exchange, industry insights, and opportunities for innovation-led partnerships.

Founders, industry leaders, investors and mentors come together at India's first Manufacturing-Tech Founder Workshop by SIG Tattva

The workshop brought together 8 carefully selected deep-tech start-up founders from Pontaq’s portfolio for an immersive, outcome-oriented engagement with the manufacturing operations of SIG Tattva and AGI Greenpac.

Unlike conventional start-up showcases or what the industry privately calls ‘innovation theatre’, this was a structured workshopping model: founders walked the shop floor, observed live manufacturing processes firsthand, co-developed solutions alongside department heads, and presented a pilot project to the C-suite for evaluation. This is widely regarded as a first-of-its-kind model for AGI Greenpac and among the few such initiatives in India's manufacturing ecosystem, where a manufacturing company has moved beyond pitch-deck-based start-up engagement to structured, outcome-driven, merit-based collaboration on the factory floor.

The two-day programme was structured for maximum immersion and outcomes. On Day 1, founders participated in introductory sessions with leadership teams from AGI Greenpac, SIG Tattva, and Pontaq, followed by guided factory walkthroughs led by department heads who briefed them on live operational challenges.

The start-up founders then worked independently and collaboratively before presenting their solutions to AGI Greenpac and SIG Tattva’s C-suite. Their presentation was followed by a detailed Q&A to establish the viability of solutions proposed. The programme concluded with the evaluation and awarding of PoC pilot engagements assessed on merit, milestone readiness, and potential for full-scale commercial deployment.

The 8 participating start-ups were shortlisted from a pool of over 20, drawn from Pontaq’s portfolio of approximately 180 start-ups, and selected based on thesis alignment with AGI Greenpac’s manufacturing-tech priorities spanning AI/ML, industrial automation, robotics, energy management, quality inspection, emissions control, supply chain traceability, and cybersecurity.

The participating start-ups and their founders were:

• Novorbis Itus — Harsh Neekhra (Founder & CEO). Patented industrial emission control and pollution reduction systems for manufacturing environments.

• Kredily — Devendra Khandegar (Founder & CEO). AI-driven HRMS platform; brings deep fintech and investment expertise to operational efficiency challenges.

• Cairovision — Vedpal Singh / VP Singh (Founder). AI and computer vision-powered video analytics solutions for industrial sectors including manufacturing, energy, and logistics.

• mSense AI — Surekha Gupta (Co-founder & CBO) and Shiv Shankar Maurya (Co-founder & CEO). AI-powered quality inspection through computer vision and acoustic intelligence for manufacturing lines.

• Maxbyte Technologies — Ramshankar C.S. (Co-founder & CEO). Industry 4.0 and digital transformation solutions covering industrial automation, robotics, and decarbonisation.

• Presage Insights — Atul Sharma (Co-founder). AI and IoT-powered predictive maintenance and asset performance management to reduce industrial downtime.

• Goat Robotics — Muthu Vangaliappan (Co-founder & CEO) and Mugesh S (Co-founder & MD). Autonomous Mobile Robots (AMRs) for industrial applications and intralogistics.

• Borlaug Web Services — Ayon Hazra (Founder & CEO). Blockchain-based supply chain transparency, carbon accounting, and sustainability traceability solutions.

The two-day workshop culminated in the awarding of PoC engagements worth INR 75 Lakhs to 5 deep-tech start-ups, spanning AMRs, computer vision, emission control, predictive maintenance, and logistics.

This workshop is the first in what AGI Greenpac and SIG Tattva intend to build as an ongoing, repeatable open innovation programme extending beyond Pontaq to include other leading VC funds.

Shashvat Somany, Founder, SIG Tattva, said, “The future of innovation lies in breaking down the barriers between start-ups and industry. For too long, founders have been expected to solve industrial challenges without direct access to the environments where those challenges exist. My vision is to democratise start-ups access to the shop floor, where the action really takes place. ‘Floor to Future’ is India’s first initiative to create a platform where start-ups, operators, and business leaders collaborate closely. This is the exact kind of structured, outcome-driven collaboration that accelerates successful pilots and drives long-term value creation for both start-ups and corporates. Through this initiative, we aim to bridge that gap by opening up SIG’s manufacturing ecosystem to entrepreneurs.”

Sriharsha Bandaluppi, Head, SIG Tattva, said, " As an operator-led venture platform, our focus is on creating pathways from innovation to implementation. We believe this model can redefine corporate-start-up collaboration—moving away from superficial conversations and pitch decks toward real problem-solving, real pilots, and real outcomes. In the first chapter of 'Floor to Future,' we partnered with Pontaq bringing founders on the shop floor. What differentiated this workshop was the depth of execution, interactions with functional leaders to understand bottlenecks firsthand, and co-created solutions grounded in operational realities. Through this initiative, we aren’t just talking about the future of industry—we are building a repeatable model that transforms innovation from conversation into execution.”

Mr. Rajesh Khosla, CEO, AGI Greenpac Limited, said, "At AGI Greenpac, operational excellence and continuous innovation remain central to our growth strategy. As India’s leading glass packaging manufacturer, we see immense value in bringing external innovation into our manufacturing ecosystem. This workshop provided an opportunity for our teams to engage with entrepreneurs bringing fresh perspectives and emerging technologies to solve real business challenges. We are excited by the quality of ideas generated and look forward to exploring opportunities that can create tangible value for our operations, customers, and industry.”

Mr. Prem Barthasarathy, Founder & Managing Partner, Pontaq VC, said, "Large industrial conglomerates do not look for isolated point solutions; they seek integrated solutions that can improve quality, enhance productivity, increase revenues, and reduce costs across the value chain. Yet, for start-ups, breaking into large enterprises and securing pilot opportunities typically takes between 8 and 18 months. Through 'Floor to Future', we are fundamentally changing this dynamic. By bringing founders directly onto the shop floor alongside operational and business leaders, start-ups gain first-hand insight into real-world challenges while enterprises gain access to cutting-edge innovation. What is particularly exciting is that potential proof-of-concepts emerged within just 48 hours of engagement. This demonstrates that when industry and innovation come together in the right environment, the path from conversation to execution can be dramatically shortened.”

About AGI Greenpac Limited

AGI Greenpac Limited is India's largest manufacturer of container glass and provides a comprehensive portfolio of PET bottles and products, along with anti-counterfeiting security closures. With seven strategically located manufacturing plants across India, the company serves over 500 globally recognized institutional clients.

About SIG Tattva

SIG Tattva, the corporate venture capital arm of Somany Impresa Group, empowers visionary founders and transformative start-ups. Inspired by the Sanskrit word “Tattva” – meaning essence, principle, or fundamental truth – the platform reflects a commitment to truth, excellence, and progress.

Focusing on early-stage ventures in deep-tech manufacturing, enterprise SaaS, clean technologies, next-generation e-commerce, and disruptive product innovations, SIG Tattva goes beyond capital to provide strategic guidance, industry access, and operational expertise. By bridging entrepreneurs with real-world industrial ecosystems, it aims to accelerate breakthrough ideas and strengthen India’s deep-tech innovation landscape.

About Pontaq

Pontaq was established in 2015 as the first India-UK VC fund in history.  Pontaq’s India HQ is in Chennai. Since inception Pontaq has been investing in impactful, scalable, and sustainable technologies that bridge domestic innovation with global opportunities.

Achievements –

• 190+ Investments: Spanning 23 Indian states and 2 UK regions.

• 15+ Multinational Operations: Portfolio start-ups operating in more than one country.

• Extensive IP Portfolio: Nearly 100 patents.

• Job Creation: Over 3,000 jobs created across India and the UK, with more than 10% for women.

• Women Leadership: ~30% of our portfolio start-ups are led by female founders.

The investment was made through Foxconn Singapore Pte. Ltd., a wholly owned subsidiary of Hon Hai Precision Industry, via a capital infusion approved by the company's Board of Directors. As part of the transaction, Foxconn Singapore subscribed to approximately 351.73 million equity shares of the India entity at a face value of Rs. 10 per share.

Following the capital infusion, Foxconn Singapore's investment in the Indian subsidiary has increased to approximately USD 2.82 billion, representing a virtually 100 percent ownership stake. The company said the investment has been made through internally generated funds and has been classified as a long-term strategic investment.

The latest capital infusion underscores Foxconn's continued confidence in India's manufacturing ecosystem and aligns with the country's growing importance in the global electronics supply chain. India has emerged as one of Foxconn's key manufacturing hubs, supported by favourable government policies, expanding infrastructure and increasing demand for electronics production.

The company clarified that the transaction is purely a capital increase within the group and does not involve any change in business operations or ownership structure. No broker fees were incurred, and the investment carries no restrictive covenants or special contractual conditions.

Foxconn has been steadily expanding its manufacturing footprint in India across multiple product categories and has announced several investments in recent years as part of its broader strategy to diversify global production capabilities.

About Hon Hai Precision Industry Co., Ltd. (Foxconn)

Established in Taiwan in 1974, Hon Hai Technology Group (Foxconn) is the world’s largest electronics manufacturer. Foxconn is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. The Group has expanded not only its capabilities into the development of electric vehicles, digital health and robotics, but also three key technologies –AI, semiconductors and new-generation communications technology – which are key to driving its long-term growth strategy and the four core product pillars: Smart Consumer Electronics, Cloud and Networking, Computing Products and Components and Others. In 2025, Hon Hai's annual revenue reached USD 259 billion.

At Munich’s Olympic Stadium, fischer fastening technology is used on the visitor platform within the roof structure 

fischer’s fastening technology was used in the modernisation of the historic Estadio Azteca. The stadium will host a total of five matches during the 2026 FIFA World Cup – and is also a symbol of the unique blend of sport, emotion and architecture.

For the Estadio Azteca is regarded as a living monument to football history. It was here that Brazil, with Pelé, won the World Cup title in 1970, and here that Diego Maradona led Argentina to the World Cup in 1986. To this day, it remains the only stadium in the world to have hosted two World Cup finals. The legendary ‘Match of the Century’ between Germany and Italy in 1970 also took place there. In addition to football, the stadium has served as a stage for world-famous music stars as well as for Pope John Paul II’s pontifical mass in 1999.

Just as at the Estadio Azteca, fischer has been active worldwide for decades in the construction and modernisation of major stadiums and sports arenas. “Our fastening and system solutions are used where the highest demands are placed on safety, load-bearing capacity and durability – often invisible, but indispensable,” says Alexander Bässler, CEO of the fischer Group of Companies.

Among other projects, fischer was also involved in the famous Maracanã Stadium in Rio de Janeiro, the largest stadium of the 2014 FIFA World Cup. The company’s solutions were also used at the Estádio Olímpico do Pará in Belém, Brazil, and at the world-famous River Plate Stadium in Argentina. In Europe, too, fischer is playing a key role in numerous stadium projects – including the stadiums of Tottenham Hotspur and Everton F.C. in England, the Allianz Arena and the Olympic Stadium in Munich.

The Olympic Stadium in Munich also demonstrates how modern fastening technology is becoming increasingly digital: there, intelligent fischer Sensor Bolts continuously monitor the safety-critical fastening points of the visitor platform in the roof structure in real time.

fischer was also involved in the stadiums for the recent FIFA World Cup in Qatar. The company is currently supporting the construction of new arenas for the 2034 FIFA World Cup in Saudi Arabia. Furthermore, fischer is involved in numerous architectural landmarks of sport worldwide – in the famous ‘Bird’s Nest’ Olympic Stadium in Beijing, among others. In modern stadium projects, numerous fischer solutions are often installed simultaneously: among other things, air-conditioning and ventilation systems, façades, technical infrastructure, reinforcement connections and stadium seats are secured. The company’s systems thus help to transform visionary architecture into safe spaces for millions of people.

“Large stadiums are far more than just buildings – they are places full of emotions, memories and shared experiences. We are proud that our solutions form part of many world-famous arenas,” says Alexander Bassler. With the start of the 2026 FIFA World Cup, it will once again become clear how closely technology, architecture and great sporting moments are intertwined with each other – and that innovative fastening solutions play a crucial role behind the scenes.

fischer Group of Companies

The fischer Group of Companies, headquartered in Waldachtal in Germany’s northern Black Forest, generated sales of 1.05 billion euros in 2025 with a worldwide staff of 4,800 employees. The family-owned company runs 51 operational companies worldwide and exports to about 120 countries. It includes the four divisions fischer fixing systems, fischertechnik, fischer Consulting and fischer Electronic Solutions.

fischer fixing systems is the technological market leader in key areas of fixing technology. fischer offers products that deliver technical perfection to a wide range of customers, from do-it-yourselfers to tradespeople to key account partners.

With its construction kits, fischertechnik operates across both the toy market and the education sector. As one of the few toy manufacturers, fischertechnik develops and manufactures its products primarily in Germany.

fischer Consulting evolved from the competence developed in the company itself, which includes the fischer ProcessSystem with its central aim of permanent improvement for the ultimate benefit of the customer. fischer Consulting advises small and medium-sized businesses, government agencies and major companies on their path towards lean and efficient processes.

fischer Electronic Solutions develops and manufactures custom electronic solutions for the industrial and medical sectors, with a focus on long-term partnerships and tailor-made, high-quality solutions. As a partner in innovation, fischer Electronic Solutions is breaking new ground together with its customers to build a successful future.

Online: www.fischer.group.

The facility marks a significant milestone in Maiva's growth journey, further strengthening its position as a trusted partner to global pharmaceutical and biotechnology companies for the development and manufacturing of generic and complex sterile injectable products.
 

Inauguration Picture of Maiva Pharma

Spread across a 22-acre site, the new facility has been designed to support current and future market requirements through advanced manufacturing technologies, flexible production capabilities, and world-class quality systems. Upon full development, the facility will house six manufacturing lines capable of producing a broad range of sterile injectable dosage forms, including vials, pre-filled syringes (PFS), cartridges, suspension products, and lyophilized formulations.

As part of the Phase 1 expansion, Maiva Pharma has commissioned three dedicated manufacturing lines comprising a high-speed vial filling line, a combined pre-filled syringe and cartridge line, and a lyophilization line. The facility is further supported by advanced Quality Control chemical laboratories and state-of-the-art Microbiology laboratories, enabling comprehensive analytical testing and quality assurance functions in-house.

A key highlight of the facility is its advanced isolator-based manufacturing lines for liquid vials, pre-filled syringes, cartridges, and lyophilized vials. The isolator technology enhances sterility assurance, operational efficiency, and manufacturing flexibility while supporting the production of a wide range of injectable products for regulated global markets.

Commenting on the inauguration, Dr. Bhaskar Krishna, (MD & CEO, Maiva Pharma) said, “The inauguration of our Shoolagiri facility represents a major step in Maiva Pharma’s journey to become a globally preferred partner in sterile injectables manufacturing. With advanced manufacturing technologies, expanded capacity, and diversified delivery system capabilities, we are well-positioned to support our customers’ evolving needs and accelerate access to high-quality injectable therapies worldwide.”

The facility has been developed in line with international regulatory standards and reflects Maiva Pharma's commitment to quality and manufacturing excellence. The expansion significantly enhances the company's ability to support customers across the product lifecycle—from development through commercial manufacturing—while addressing growing global demand for sterile injectable products. It also advances Maiva's long-term strategy of expanding its capabilities and strengthening its presence in key global markets.

Click the video link for a closer look at Maiva's newly inaugurated facility and its capabilities.

About Maiva Pharma
Maiva Pharma is a pure-play sterile injectables-focused CMO/CDMO providing end-to-end development and manufacturing services to pharmaceutical and biotechnology companies worldwide. With expertise across liquid injectables, lyophilized products and Suspension formulations, Maiva Pharma is committed to delivering quality, reliability, and speed-to-market for its global partners.

Crompton launches Armor Wires, marking its foray into the house wires category

To capture the massive opportunity in the cables and wires sector valued at nearly Rs. 1.25 lakh crore - Crompton is deploying a robust South-first go-to-market plan. Starting with Tamil Nadu, Telangana and Karnataka, the brand is leveraging its strong distribution network to ensure a seamless entry into this new category. By extending its proven Crompton 2.0 playbook anchored in premiumization, consumer-first innovation, and deep trade engagement—the company aims to raise benchmarks in performance, safety, and reliability within the residential ecosystem.

The Crompton Armor range includes multiple variants designed to address diverse household needs, with differentiated safety, insulation, and performance features. At the premium end is Crompton Armor Ultra, engineered with 10% more copper and the ability to operate at higher temperatures (up to 90°C). The range will include flexible house wires, designed to meet relevant quality standards while reinforcing Crompton’s reputation for reliability and innovation.

As Indian homes continue to evolve with higher appliance usage and increased electrical loads, the need for durable and safe wiring solutions has become more critical than ever. Crompton Armor Wires are designed to meet these evolving demands, ensuring long-term performance and reliability.

Future-ready wires. More current. Higher heat tolerance. Safer homes.

• Optimized Performance Across Needs: Multiple variants designed to meet varying household electrical requirements

• Superior Material Quality: 99.9%+ pure copper ensures efficient and consistent power flow

• Enhanced Safety: Low-smoke and low-toxic-gas properties for safer indoor environments

• Reliable Performance Under Stress: Armor Ultra operates at up to 90°C, ensuring stability under heavy load and varying environmental conditions.

• Long-Term Durability: Flame-retardant, anti-termite, and anti-rodent properties for sustained protection

• Global Standards: 100% RoHS compliance and adherence to rigorous national safety norms

The go-to-market strategy goes beyond retail, focusing on a comprehensive engagement model that empowers electricians, contractors, and key retailers, while also building strong preference among architects and builders. South India has been chosen as the launchpad owing to Crompton’s strong brand equity and distribution strength, making it the ideal region to build early national momentum.

Promeet Ghosh, MD & CEO, Crompton Greaves Consumer Electricals Ltd., said, “At Crompton, consumers and electricians have trusted us for over 85 years to deliver safety, quality, and performance across core electrical categories. Our foray into residential house wires is a natural extension of that legacy and a strategic growth opportunity. This category offers a compelling business model, and we are investing in building a strong and scalable presence through product quality, distribution expansion, and deeper engagement with the ecosystem. At the same time, there is a clear need to drive greater awareness around the importance of choosing the right wiring solutions, given its direct impact on household safety and long-term performance. We are focused on establishing a strong presence in South India before expanding nationally, leveraging our brand strength, distribution network, and proven execution capabilities.”

Shaleen Nayak, Business Unit Head – Lighting, Solar, Wires & Cables, Crompton Greaves Consumer Electricals Ltd., added, “Residential wires is a critical yet often under-considered part of home infrastructure, where product quality directly impacts safety and long-term performance. With Crompton Armor Wires, we are focused on scalability and durability and compliance with safety standards that modern households expect. Our Crompton Armor Ultra range, with 10% more copper and superior insulation, is designed to support the evolving power needs of modern homes. As we enter this category, our priority is to ensure strong availability, support our channel partners, and build confidence across electricians and consumers alike. Along with Crompton Armor we are also launching the Crompton Saathi App for electricians, this app will act as a one stop shop for all information related to the product and applicable incentives. This marks a significant step forward towards strengthening our decades long association with electricians.”

The cables and wires sector is a large and fast-growing market, valued at nearly Rs. 1.25 lakh crore. According to the 2024 research report by Motilal Oswal, residential house wires alone account for Rs. 30,000–35,000 crore and are expected to grow at a CAGR of 12–14% from 2024 to 2029. Crompton’s entry expands its total addressable market while bringing its reputation for trust, quality, and durability into a new category.

Today, homeowners, especially those building new or first homes are increasingly seeking trusted brands for safety and peace of mind. With this launch, Crompton strengthens its role in the residential electrical ecosystem, bringing its trusted promise of safety and reliability to a core household category. Already present in over 500 million homes, the brand’s enduring legacy, proven execution, and strong go-to-market network position it well to succeed in this segment.

About Crompton

With a brand legacy of over 85 years, Crompton Greaves Consumer Electricals Ltd. is India’s market leader in the category of fans and residential pumps. Over the years, the organization has continuously strived to produce a range of innovative products that cater to the modern consumer including superior quality and high-performance fans, pumps, lighting solutions, and a range of other categories like water heaters; air coolers; small kitchen appliances like mixer grinders, air fryers, OTG, electric kettles etc; other home appliances like irons & built-in kitchen appliances. The company has further invested in brand and innovation to not only better understand and meet consumer needs but to also help drive energy efficiency. The consumer business also has a well-established and organized distribution network driven by a strong dealer base across the country offering a wide service network and robust after-sales service to its customers. Beyond its consumer portfolio, Crompton also has a robust B2B presence in the Lighting segment, delivering advanced and energy-efficient solutions for commercial and industrial applications. In 2025, Crompton became the first lighting company to receive the GreenPro certification for its B2B lighting solution, reaffirming its commitment to sustainability and innovation. Strengthening its foothold in the renewable energy space, the company has forayed into solar rooftops—representing a significant step forward in its contribution to India’s evolving clean energy landscape. With solar solutions spanning lighting, pumps, and rooftops, Crompton continues to lead as a responsible and future-ready brand in sustainable energy.

The company's consistent dedication to developing energy-efficient products has led to significant recognition. It has been honored with three prestigious National Energy Consumer Awards (NECA) by BEE, Ministry of Power. The recent award was presented by the Hon’ble President of India, Smt. Droupadi Murmu for the company's storage water heater in 2025. In 2019, the brand won in two categories: Ceiling Fans and LED Bulbs. Additionally, it was recognized as one of India's Best Managed Companies 2022 by Deloitte Private and listed among ‘India’s Top 500 Companies 2022’ by Dun & Bradstreet India. The company has also been featured in Brand Top 75 most valuable Indian brands list for 2020 released by WPP and Kantar. Furthermore, Crompton was also recognized as the Brand of the Decade 2021 by Herald Global and BARC Asia in the Consumer Electrical category.

Balu Forge Industries Ltd (BSE: 531112 | NSE: BALUFORGE), a leading precision engineering and manufacturing company, is pleased to announce the receipt of a significant order in the large-calibre ammunition segment. The company has secured an initial contract to supply 30,000 units of 152 mm artillery shells to a major Indian energetics player. This partnership marks a critical milestone in BFIL’s expanding footprint within the domestic defence sector.

Supplies for this strategic order are scheduled to commence in June 2026.

Order Scalability and Future Variants
This initial contract lays the groundwork for a robust, long-term collaboration. The order volume is projected to scale up to over 100,000 shells with additional variants, reflecting the strong demand and confidence in BFIL's manufacturing capabilities. Furthermore, the agreement outlines the integration of additional ammunition variants into the production pipeline in due course, allowing the company to comprehensively cater to evolving artillery requirements.

State-of-the-Art Automated Production Line
The execution of this order will be driven by BFIL’s 100% indigenously built, fully automated empty shell production line located at its greenfield facility in Belgaum, Karnataka. Powered by advanced robotics, this unmanned forging line delivers unprecedented precision, speed, and efficiency.

To meet the escalating domestic and international demand for large-calibre ammunition, BFIL is proactively increasing the capacity of this automated shell line. This expansion aligns with the Government of India's Aatmanirbhar Bharat initiative, further establishing BFIL as a cornerstone of indigenous defence manufacturing.

Strategic Forward Integration into Advanced Energetics
In a move to transition up the value chain and offer comprehensive end-to-end defence solutions, BFIL is venturing into forward integration through its dedicated subsidiary, Quantum Energetics. This strategic expansion focuses on advanced energetics and defence materials. It will enable the company to move beyond manufacturing precision empty shell bodies and actively participate in the advanced stages of ammunition development and filling technologies.

NATO Certification and Global Compliance
Reinforcing its commitment to global quality standards, Balu Forge Industries Ltd proudly holds NATO certification & a long term MOU. This elite accreditation officially qualifies BFIL as a trusted supplier of high-precision, mission- critical defence components for NATO member states. It underscores the company's stringent quality control, metallurgical excellence, and readiness to fulfill high-margin international defence contracts alongside its domestic commitments.

Speaking on this landmark development, the Management Team of Balu Forge Industries Ltd stated, "This prestigious order represents a monumental shift in our defence manufacturing trajectory. Securing a contract for 152 mm large-calibre ammunition from a premier domestic partner highlights our capability to deliver world-class precision engineering solutions. By combining our fully automated, state-of-the-art shell production line with our strategic forward integration into advanced energetics. Furthermore, our NATO certification serves as a validation of our stringent quality standards, opening major global corridors alongside our commitment to making India self-reliant in defence production under the Aatmanirbhar Bharat vision."

About Balu Forge Industries
Balu Forge Industries Limited, founded by Mr. Prehlad Singh Chandock, is a leading Indian precision engineering company delivering forged and machined components across multiple global industries. The company offers a comprehensive product portfolio ranging from 1 kg to 1,500 kg and up to 3 meters in length, supporting diverse applications in automotive, industrial vehicles, earthmoving equipment, wind energy, aerospace, defence, oil and gas, railways, marine, and agriculture. Its operations include fully integrated forging and machining capabilities, with advanced manufacturing facilities in Belgaum, Karnataka, spread over a 46+ acre campus. Equipped with high-capacity hydraulic hammers and forging presses, and supported by a dedicated in-house tool room, metallurgical labs, and CNC machining units, Balu Forge ensures consistent precision and quality. The company’s strategy is driven by innovation, with a specialized R&D division focusing on new materials and rapid prototyping. Strategic initiatives emphasize expanding defence production, enhancing automation, and strengthening global partnerships. With a strong focus on operational scalability, customer diversification, and ESG commitments, Balu Forge continues to strengthen its global footprint and industry positioning.

For more details, please visit www.baluindustries.com.

Anil Mohan Kamat CMD MG Group

Over 30 years, MG Group has built a reputation for delivering high-quality mobility solutions across school buses, staff transportation, mofussil routes, and premium coaches. The Zaheerabad facility operates as a high-volume, fully integrated manufacturing hub covering fabrication, painting, trimming, assembly, FRP composites, electrical systems, and fire protection integration. The Belagavi facility is dedicated to premium and design-led coach development, advanced finishing, and prototype work.

MG Group's manufacturing and leadership credentials received formal recognition at a national commercial vehicle industry forum, where the company was awarded Application Builder of the Year and its CMD was honoured as Business Leader of the Year. The company has also secured AIS-153 certification across multiple coach platforms, reflecting its commitment to safety and regulatory compliance.

With revenues exceeding Rs. 700 crore, MG Group continues to invest in expanding its manufacturing footprint and technological capabilities. Its priorities include consolidating large-scale operations at Zaheerabad, growing premium offerings at Belagavi, and deepening investment in automation and composite technologies.

Commenting on the milestone, the CMD of MG Group said, “India's mobility ecosystem is undergoing a fundamental transformation. "With over 90% of public transport dependent on buses, the need for safe, scalable, and efficient mobility solutions is more critical than ever. MG Group is investing in integrated manufacturing, advanced engineering, and regulatory leadership to meet this demand. Our focus is to build scale with precision, lead in safety and compliance, and deliver a superior passenger experience. We are not just building buses, we are shaping the future of mobility in India."

ISO 50001:2018 is an internationally recognized standard that provides a systematic framework for establishing, implementing, maintaining, and continually improving an Energy Management System (EnMS). By adopting this standard, SMT has further strengthened its ability to monitor energy consumption, improve efficiency, and integrate sustainable practices across its manufacturing ecosystem. This milestone reflects SMT’s long-standing philosophy that healthcare innovation must go hand in hand with environmental responsibility.

SMT has integrated sustainability into infrastructure design and operational planning through multiple initiatives. These include solar-powered energy installations to reduce dependence on conventional energy sources and proactive environmental management within the manufacturing premises, and protection of the natural ecosystem within its allotted land.

The ISO 50001:2018 and other initiatives form part of SMT’s broader climate change mitigation strategy, which commits the company to environmental protection while offsetting the organization’s impact on natural resources. By reducing carbon emissions and optimizing energy consumption, SMT continues to align its manufacturing footprint with global sustainability standards and responsible industrial practices.

Commenting on the achievement, Bhargav Kotadia, Chief Executive Officer, SMT, said, “At SMT, we believe that the future of healthcare innovation is inseparable from environmental responsibility. Achieving ISO 50001:2018 certification across our manufacturing facilities at Surat and Hyderabad is a significant milestone that reflects our commitment to building a sustainable, energy-efficient  organization. As we continue to expand, we remain focused on integrating responsible manufacturing practices that not only enhance operational efficiency but also contribute meaningfully to the global sustainability agenda.”

Commenting on the certification, Ms Urmi Kotadia, SMT’s Lead for Sustainability said, “At SMT, our purpose is ‘pledged to save millions’ through life-saving cardiovascular technologies. Alongside this mission, we recognize that sustainability is a critical enabler of long-term healthcare innovation. Through the ISO 50001:2018 certification, SMT has become the first domestic cardiovascular manufacturing unit to implement a structured approach to energy management that not only optimizes energy use but also strengthens our environmental goals. As energy resources become increasingly constrained and sustainability concerns grow globally, we recognise that organizations must adopt efficient approaches to managing energy consumption..”

She further added that “This achievement marks a significant step forward in our journey towards environmental stewardship, energy efficiency and operational excellence because at SMT we care not only for People but also for the Planet..”

With this milestone, SMT continues to demonstrate that medical device manufacturing can be achieved alongside responsible energy management and environmental protection, strengthening its commitment to delivering life-saving innovations while safeguarding the planet.

About SMT (Sahajanand Medical Technologies)

SMT (Sahajanand Medical Technologies) is a medical devices company with a portfolio of technologically advanced medical devices across vascular and structural heart intervention. SMT offers an extensive portfolio of products focusing on vascular intervention and was the first company in the world to receive CE certification for a DES with a biodegradable polymer. SMT has a global presence with its footprints in more than 75 countries, as on March 31, 2025.

For further updates, please visit the website or follow SMT on LinkedIn.

Disclaimer

Sahajanand Medical Technologies Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offer of its equity shares and has filed a draft red herring prospectus dated July 25, 2025 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”) and the stock exchanges. The DRHP is available on our website at www.smtpl.com as well as on the website of SEBI at www.sebi.gov.in, Motilal Oswal Investment Advisors Limited at www.motilaloswalgroup.com, Avendus Capital Private Limited at www.avendus.com, HSBC  Securities  and  Capital Markets (India) Private Limited at www.business.hsbc.co.in and Nuvama Wealth Management Limited at www.nuvama.com and and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and refer to the Red Herring Prospectus, including the section titled “Risk Factors” of the Red Herring Prospectus when available, for details. Potential investors should not rely on the DRHP for any investment decision.

fischer FUS C-Channel

The FUS-C Channel has been designed as the next evolution in mounting rail systems, replacing the existing fischer U-Channel with a more advanced and globally aligned solution. Built with precision engineering and enhanced features, the FUS-C sets new standards in performance, safety, and versatility.

Key highlights of the new FUS-C Channel include:

• Internationally standardized geometry ensuring compatibility across applications

• Tighter tolerances and optimized angular design for enhanced structural safety

• Increased serration depth to support higher load-bearing capacity

• Comprehensive size availability to meet diverse project requirements

• Cost-efficient design without compromising on performance

At the core of this innovation is the introduction of Zinc-Magnesium coating, offering a significant advancement over traditional zinc coatings:

• Superior corrosion resistance for extended durability

• No additional treatment required on cutting edges

• Higher protection with lesser coating thickness compared to traditional coatings

• More economical and environmentally sustainable than conventional galvanization

• One versatile solution suitable for multiple applications, simplifying inventory decisions

The FUS-C Channel is not just a product upgrade—it is a strategic move to provide engineers, consultants, and contractors with a reliable, future-ready solution that delivers both performance and value.

fischer India has also inaugurated a new production facility in Bangalore, Karnataka, further strengthening its commitment to the Indian market. The new plant plays a crucial role as an enabler—allowing fischer to respond faster and more effectively to customer needs across India.

Speaking on the occasion, fischer India Managing Director Mr. Mayank Kalra said, “This new facility is a significant step forward in our journey towards building a stronger, more agile fischer India. By enhancing our local manufacturing capabilities, we are not only improving speed and efficiency but also reinforcing our commitment to ‘Make in India’ for India with German quality standards. This investment reflects our long-term vision of being closer to our customers, supporting their evolving needs, and driving sustainable growth in the construction and installation systems industry.”

With the introduction of the FUS-C Channel and the support of local manufacturing, fischer India is well-positioned to offer:

• Faster product availability

• Improved service levels and responsiveness

• Streamlined supply chains

• Consistent global quality with local adaptability

This dual approach—innovation-led product development supported by localized production—demonstrates fischer India’s focused strategy to serve the evolving demands of the Indian construction ecosystem.

As infrastructure growth accelerates across the country, fischer’s latest offering ensures that customers benefit from cutting-edge technology, cost efficiency, and dependable performance, all delivered with the assurance of a brand that stands for precision, reliability, and innovation.

fischer Building Materials India Private Limited

Ward No. 76, Unit 101, First Level, New No. 3, Old No. 4, Prestige Sigma, Vittal Mallya Rd, Richmond Town, Bengaluru- 560001, Karnataka

PBL has received CIBRC registration for its NBAIR technology-based Bacillus thuringiensis var. kurstaki 10% WSL Bio-Pesticide

This development marks an important step in expanding the company’s biological crop protection portfolio, especially for the management of key lepidopteran pests such as Helicoverpa armigera in crops like red gram.

The newly registered formulation is developed using NBAIR-associated BTK technology, focusing on selected indigenous strains of Bacillus thuringiensis. The product is designed to deliver targeted larval control by acting specifically on the digestive system of caterpillar pests, reducing feeding damage and improving crop protection outcomes.

Mr. Suresh Chand Singla, Managing Director, Peptech Biosciences Limited

Commenting on the development, Mr. Suresh Chand Singla, Managing Director, Peptech Biosciences Limited, said, "This registration marks an important milestone for Peptech Biosciences as we continue to expand our portfolio of biological crop protection solutions. This product plays a crucial role in promoting sustainable agriculture while helping farmers effectively manage key pests."

The introduction of BTK 10% WSL aligns with the growing demand for residue-conscious and environmentally compatible crop protection solutions. As regulatory pressure and market expectations shift toward safer inputs, biological insecticides are becoming an essential part of integrated pest management programs. This product offers farmers a targeted biological approach to pest control and can be integrated into modern crop protection programs, including integrated pest management (IPM) strategies.

The company has already expanded its manufacturing facility to strengthen research and production of BtK. It has also expressed openness to P2P partnership proposals for this product, creating opportunities for collaboration with agri-input companies seeking to expand their biological product portfolios.

Peptech Biosciences Ltd. (a part of Titan Biotech Ltd. group) is a rapidly growing B2B agri-biotech company specializing in research-driven crop solutions. The company partners with medium- and large-sized agricultural brands, providing them with high-quality biological crop protection & nutrition products. With a strong emphasis on innovation and sustainability, Peptech Biosciences offers an extensive portfolio that includes Bio-Fertilizers, Bio-Stimulants, Bio-Pesticides, Plant Growth Regulators solutions. Along with Bacillus thuringiensis, the company's Bio-pesticide range also includes Bacillus subtilis, Metarhizium anisopliae, Beauveria bassiana, Verticillium chlamydosporium, and Verticillium lecanii, all of which are registered and field tested in various markets. The company is also a reliable manufacturing partner for leading agricultural brands worldwide, exporting to more than 25 countries. Its state-of-the-art, fully mechanized manufacturing facilities ensure precision and quality, while a dedicated team of scientists works on pioneering advancements to meet the evolving needs of the agriculture industry. With over 300 product registrations under CIBRC, 70 under FCO, 18 potential state permissions, and several registrations outside India, Peptech Biosciences Ltd. stands as a trusted partner for agricultural brands worldwide.

To know more follow on

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LinkedIn - www.linkedin.com/company/peptech-biosciences-limited/

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The fischer Group of Companies is systematically expanding its production in Asia. With a new production site in India and the expansion of the existing plant in China, fischer is focusing on sustainable growth and a stronger market presence. The company also launches a new production facility in Saudi Arabia.
 

fischer Production Site in China
 

The fischer Group of Companies is consistently expanding its production capacities in Asia. The focus is on the new and expanded sites in India and China. In Bengaluru, in the Indian state of Karnataka, fischer is launching a new production facility with a focus on fischer installation systems.
 

In Taicang, in the Chinese province of Jiangsu, fischer is expanding its existing production site. The new production line for items from the heavy-duty fixings range and from the structural retrofitting product range went into operation at the beginning of this month. Deliveries to the Chinese market will begin in May and to the whole of Asia from November. The original production facility was opened back in 1997.
 

Professor Klaus Fischer, owner of the fischer Group of Companies said, “The large-scale expansion of our production in Asia is an important step towards further strengthening our competitiveness and customer proximity. Local production sites are becoming increasingly important, particularly in the current global political climate.”
 

fischer is also focusing on growth in Saudi Arabia: the company recently opened its 51st subsidiary there. Its official inauguration has been postponed until autumn due to current events in the region. A large new production site is currently being developed in Dammam, with its opening planned for early May. fischer has been producing fastening solutions in Tây Ninh, Vietnam, since 2022.
 

“Asia plays a central role for our company – and with the new and expanded production sites, we are laying the foundations for sustainable growth and innovative solutions directly on the spot,” says Alexander Bässler, Chief Executive Officer. With these investments, fischer is underlining its position as one of the leading global suppliers of fastening systems.
 

“The expansion of our production footprint in Asia, and particularly in India, reflects fischer Group’s commitment to being closer to customers. The new facility in India strengthens our ability to deliver faster while combining German engineering excellence with the ‘Make in India’ vision,” said Mayank Kalra, Managing Director, fischer India.
 

fischer Building Materials India Private Limited
Ward No. 76, Unit 101, First Level, No. 3 (Old 4 Prestige Sigma, Vittal Mallya Rd, Richmond Town, Bengaluru, Karnataka 560001

GFI and NIFTEM-T launch report on India as a Global Manufacturing Hub for Smart Protein Processing Equipment at AAHAR 2026

The study, led by NIFTEM-T, with valuable contributions from a broad range of academic experts and industry stakeholders in equipment manufacturing, process engineering, and food and agri-processing domains, examines three critical equipment categories at the heart of the plant-based smart protein supply chain: extruders, dryers, and separators. As demand for sustainable protein sources grows, these specialised processing systems are essential for extracting plant protein concentrates and isolates to produce plant-based meat, dairy, eggs, and seafood, among other high-protein plant foods.

According to the report, India imported approximately USD 1.6 billion worth of centrifuges and filtration equipment in 2024–25, while exports stood at just over USD 1 billion, highlighting a significant opportunity to strengthen domestic manufacturing capacity and reduce reliance on foreign suppliers.

The report also highlights technical gaps across key processing technologies such as high-moisture extrusion, drying, and separation systems, which are critical for scaling plant-based meat and other alternative protein products. Addressing these gaps will require investment in shared R&D infrastructure, testing facilities, and technical skill development.

Key Findings:

• India has 150–200 OEMs in these equipment categories that are cost-competitive and mechanically robust but lack the capability for high-performance, precision manufacturing at scale.

• Domestic extruders fall short on key performance metrics, such as screw speeds and torque, limiting their use for advanced plant-based meat applications.

• India has no indigenous manufacturers of food-grade ultrafiltration membranes, as high-end freeze dryers and centrifuges remain almost entirely imported.

• Priority export opportunities exist in Russia, Southeast Asia, the Middle East, and African markets, where India's price-performance ratio is a competitive advantage.

Dr. Padma Ishwarya S., Senior Scientist (Plant-based), GFI India, adds, “Smart protein innovation depends not only on novel ingredients but also on the sophisticated processing technologies that transform them into consumer-ready foods. Through academia and industry collaboration and By investing in R&D infrastructure and equipment testing facilities, India can develop high-performance food-grade processing equipment that serves both domestic manufacturers and global markets.”

The report recommends recognising smart protein equipment as strategic capital goods under Make in India, establishing cluster-based shared manufacturing infrastructure, aligning Indian standards with international norms, and creating dedicated R&D funding pathways for the sector.

Prof. V. Palanimuthu, Director, NIFTEM, Thanjavur, commented, “This report provides a roadmap for strengthening India’s smart protein processing equipment ecosystem by identifying critical technological gaps and opportunities. The insights presented will guide policymakers, industry, and researchers in propelling India toward becoming a global hub for plant-based protein equipment manufacturing. I congratulate the teams from NIFTEM-T and GFI India for their commendable joint efforts in refining and analysing all the data on state-of-the-art facilities and developing actionable recommendations that can significantly accelerate the alternative protein sector.”

The launch of the report in the presence of Takayuki Hagiwara, Food and Agriculture Organisation (FAO) Representative in India, representatives from the Ministry of Health and Family Welfare, and representatives from the governments of Germany and Saskatchewan, among other key dignitaries, was a key highlight of the 4th Plant Based Foods Summit. Held alongside the 40th AAHAR in the capital, the summit convened policymakers, scientists, entrepreneurs, investors, and food industry leaders to discuss the future of plant-based foods in India and the broader smart protein ecosystem.

Commenting on the report launch, Arghadeep Saha, Head of Policy, GFI India, said, “This study addresses a foundational constraint that has long held back India's smart protein sector, the availability of advanced, affordable, and locally serviceable processing equipment. Our analysis shows that India has the manufacturing DNA to close these gaps. What's needed now is a targeted, coordinated push from government and industry to act on these recommendations and turn India's engineering strength into a global competitive advantage.”

Through the findings of the report, GFI India and NIFTEM-T aim to support the development of a robust manufacturing ecosystem, making Indian machines the low-risk choice both in India and for export markets and positioning India as a leader in the global alternative protein market.

About Good Food Institute India (GFI India)

The Good Food Institute India (GFI India) is the leading organisation and expert convening body for India’s emerging smart protein sector—the ecosystem of plant-based, cultivated, and fermentation-derived meat, eggs, and dairy. As part of an international network of organisations across the U.S., Brazil, Europe, Israel, Japan, and APAC, we are on a mission to build a secure, sustainable, and equitable global food system for all. Working alongside scientists, businesses, and policymakers, GFI India’s team focuses on making alternative proteins delicious, affordable, and accessible. Leveraging India’s unique strengths—indigenous crops and agrarian economy, low-cost technologies and infrastructure, abundant talent pool, and biomanufacturing prowess—we are pioneering an ecosystem that can put smart protein on every plate.

About National Institute of Food Technology, Entrepreneurship and Management, Thanjavur (NIFTEM-T)

National Institute of Food Technology, Entrepreneurship and Management, Thanjavur (NIFTEM-T) is an Institute of National Importance functioning under the aegis of the Ministry of Food Processing Industries, Government of India. NIFTEM-T has premier research and academic capabilities in the field of food technology and has been consistently ranked among the top agri- and allied-discipline institutions in the country. NIFTEM-T provides services to different segments of the food processing sector, spanning innovation, consultancy, incubation, quality testing, outreach, and awareness. The Institute offers BTech, MTech and PhD in Food Technology. With excellent national and international networking, the institute is open for collaborations and partnerships.

The expanded facilities will enhance Versuni’s production capacity for key categories including Airfryers, Air Purifiers, and kitchen appliances, while supporting the company’s broader localisation strategy and improving supply chain efficiency for the Indian market.

The Chennai facility, which spans 12,000 square meters, will continue to serve as an integrated manufacturing hub for kitchen appliances. As part of the expansion, the new facility will include a new Airfryer motor manufacturing line, increasing the overall production capacity.

With the new plant, the Ahmedabad facility has now doubled in size to more than 15000 square meters of production space. The expansion supports the doubling of Airfryer production capacity per year, while also introducing a new Air Purifier assembly line. The facility also integrates automated and robotic coating lines, plastic injection moulding capabilities, and assembly lines for Airfryers, garment steamers, and air purifiers.

Commenting on the expansion, Gulbahar Taurani, Managing Director & CEO, Versuni India, said:, "India continues to be one of the most dynamic markets for home appliances globally. Expanding our manufacturing capabilities in Chennai and Ahmedabad allows us to strengthen localisation, scale production in high-growth categories, and respond faster to the evolving needs of Indian consumers. These investments reflect our long-term commitment to building manufacturing capability in India."

These strategic expansions will enable the company to achieve a complete portfolio of 100% Made in India products, further strengthening their commitment to local manufacturing. Both the facilities combined are expected to generate more than 1000 job opportunities alongside creating indirect employment through supplier and logistics networks over the next three years.

With this expansion across Chennai and Ahmedabad, Versuni continues to strengthen its manufacturing backbone in India while supporting the growing demand for innovative appliances across kitchen, garment care, and air treatment categories. Both manufacturing locations incorporate smart automation and digital manufacturing capabilities, including robotic production systems, automated testing machines, conveyor-based material handling systems, and IoT-enabled monitoring tools, helping improve operational efficiency, quality consistency, and productivity.

About Versuni
Versuni’s purpose is turning houses into homes. As a house of home appliances brands, Versuni markets: Philips, Philips Baristina, Philips Walita, Preethi, Senseo, L’OR Barista, Saeco, and Gaggia. With more than 900 patents to its name, Versuni’s portfolio spans coffee and kitchen appliances, garment care, climate care, and floor care. Philips, Saeco and Gaggia products are sold under trademark license from Koninklijke Philips N.V. Products under the Philips brand include the Airfryer, Espresso Machine with LatteGo, Handheld Steamer, Air Purifier and AquaTrio Cordless Vacuum. Versuni is headquartered in Amsterdam, the Netherlands, with innovation, manufacturing, and commercial centers across the globe and a footprint in over 100 countries.

This latest development marks a significant milestone in the company's evolution from a specialised flour miller into a comprehensive agro-products powerhouse.
 

Rice Production at Vikram Mills
 

Speaking on the development, Mr. Shubham Garg, Director, Vikram Roller Flour Mills Limited said, “The addition of the 100-ton rice-to-rice plant at our Delhi headquarters is an important step for us. It allows us to extend our established wheat processing capabilities into rice while strengthening supply and logistics across NCR. Our focus remains on building capacity in line with long-term demand.”
 

Building on regional success, the launch of the headquarters unit follows closely on the heels of another major operational victory. Just last year, Vikram Mills successfully commissioned a 100-tons-per-day "paddy to rice" plant located in Kiloi, Rohtak.
 

The Rohtak facility expanded the company’s rice processing operations, particularly in procurement planning, grading and large-scale handling. The experience from that unit supported the setup of the new headquarters plant and helped streamline sourcing, processing and distribution activities.
 

Production at Vikram Mills
 

The seamless implementation of the Rohtak plant reinforced the company’s ability to scale beyond wheat. Now, the new headquarters plant builds on that base and expands processing capacity to meet domestic supply requirements in the Delhi NCR region.
 

Combining “Flour Muscle” with Basmati Rice Production, this is a strategic move to integrate wheat and basmati rice operations at the headquarters. By placing the new rice-to-rice plant at its headquarters, Vikram Mills is effectively combining its traditional “flour muscle”, its large-scale wheat processing capacity, with its growing rice operations.
 

This integration offers several distinct advantages for the market:

One-Stop Solution: It enables a single manufacturing unit to cater to dual demands, streamlining logistics and procurement.
 

Enhanced B2B Services: Business partners, FMCG retailers and institutional buyers can now source both premium flour and high-quality rice from the same trusted supplier.
 

Supply Chain Efficiency: Consolidating these operations ensures a highly controlled, uninterrupted and efficient supply of essential staples across the capital region.
 

Looking ahead, as consumer and institutional demand changes, many buyers prefer to source multiple staples from reliable partners. Vikram Mills plans to strengthen its distribution network to serve both food service and retail markets. With the Rohtak and Delhi plants operational, the company will focus on maintaining steady supply and consistent output across its wheat and rice operations.

The collaboration will focus on the expansion of commercial & industrial (C&I) storage applications in the region. To ensure robust market development, HyperStrong has authorized Evervolt as a regional distributor and will collaborate with Evervolt on marketing initiatives and comprehensive technical training programs to deliver strong local support and service excellence.

Evervolt has established itself as a trusted supplier of high-quality solar PV modules, inverters, and energy storage systems, serving a wide customer base across India. Expanding beyond distribution, the company has successfully commissioned a 1.2 GW Mono PERC solar cell manufacturing facility, which is currently operational. Further strengthening its manufacturing footprint, Evervolt is executing a 2.5 GW Topcon solar cell manufacturing facility, scheduled to commence production between February and March 2027.

Speaking on the partnership, Krishna Thimmaiah, Founder & CEO, Evervolt, said, "As renewable energy adoption accelerates, energy storage is critical to ensuring reliability and efficiency. Our partnership with HyperStrong enables us to deliver globally benchmarked BESS solutions with strong local execution and support."

HyperStrong, a global leader in BESS solutions since 2011, has successfully commissioned over 400 projects, deployed more than 50 GWh in total across the globe. With a strong track record in the industry, the company offers a full range of products, including utility-scale and commercial & industrial battery energy storage systems. By combining cutting-edge technology with deep industry expertise, HyperStrong empowers its partners and customers to achieve their renewable energy goals.

Kevin Changbin Qiu, Senior Vice President of HyperStrong International, stated, "We are pleased to formalize this partnership with Evervolt to introduce our advanced BESS solutions to the growing markets of India and Sri Lanka. Evervolt's local expertise and excellence make them the ideal partner to ensure customers receive world-class products and reliable support."

With increasing renewable penetration, supportive regulatory frameworks, and grid modernization initiatives, the demand for C&I storage solutions is expected to accelerate significantly over the coming years.

This partnership combines HyperStrong's global technology leadership in BESS with Evervolt's strong distribution network, project execution capabilities, and local market expertise, positioning both companies to capitalize on the rapidly growing energy storage market in the region.

Morepen Bags Rs. 825 Crore Global Deal, Expands into High-Growth CDMO Segment

Supplies under the mandate are expected to commence within the next 4–5 months, with execution scheduled through Q1 of the following financial year, subject to customary operational and regulatory processes.

This engagement marks one of the most significant single CDMO mandates in the Company’s history, as it scales its global manufacturing footprint.

Scaling Long-Term Global Manufacturing Programs

Built on over four decades of API manufacturing expertise and regulatory credibility, Morepen’s CDMO platform enables deeper collaboration with global pharmaceutical innovators through structured, multi-year supply programs.

The mandate reflects the Company’s growing capabilities in regulated markets, supported by internationally accredited facilities including USFDA, WHO-GMP, and EU approvals. With integrated development-to-commercial manufacturing capabilities, Morepen is positioned to support complex scale-ups and long-duration supply frameworks.

The Company continues to evaluate capacity enhancement and technology investments aligned with its expanding CDMO opportunity pipeline.

Mr. Sushil Suri, Chairman & Managing Director, said, “This mandate represents an important milestone in the evolution of Morepen’s manufacturing platform. It reflects the confidence global customers place in our quality systems, regulatory track record, and execution capabilities. Over the years, we have steadily strengthened our infrastructure and compliance depth, enabling participation in larger, long-duration global programs.”

He added, “We view CDMO as a natural extension of our established API strengths, creating additional avenues of scale, stability, and long-term value creation while continuing to reinforce our core businesses.”

Mr. Kushal Suri, President – International Growth (API), added, “This level of customer confidence reflects company’s proven ability to qualify, execute, and deliver under regulated-market expectations. We drove the program end-to-end with technical, regulatory, and commercial scale-up, and delivered a solution built for quality, continuity, and scale. The outcome is clear: Morepen’s credibility is validated, and we are now set to convert this into larger, multi-year global opportunities”

Global pharmaceutical companies are increasingly consolidating supplier networks and partnering with compliant, scalable, and reliable manufacturing platforms capable of long-term supply continuity. Morepen’s vertically integrated API capabilities, regulatory track record, and operational scale position it well to serve this evolving demand

About Morepen

Morepen Laboratories Ltd. is a vertically integrated, innovation-led pharmaceutical and healthcare company delivering high-quality APIs, branded generics, medical devices, and consumer wellness products to over 90 countries worldwide. With ahigh installed API capacities, a 14 million-strong glucometer user base, and a rapidly expanding digital footprint, Morepen stands at the forefront of India's health-tech evolution. Backed by decades of trust, regulatory approvals from USFDA, WHO, and EU bodies, and a passion for innovation, Morepen is committed to making quality healthcare accessible, affordable, and future-ready.

For more details, visit www.morepen.com.

Forward-Looking Statements:

This press release contains forward-looking statements based on current expectations and assumptions regarding anticipated developments and other factors affecting the company. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements.

Celebrating the people behind the progress, Unitile proudly marks its Top 30 Best Workplaces™ recognition for the second consecutive year

The recognition reflects the Group’s continued focus on building high-performing, people-centric manufacturing environments across the building materials sector, spanning raised access flooring, structural solutions, and acoustic systems through its portfolio brands - Unitile, UFlex, and UniAcoustic.

In the building materials industry, manufacturing excellence is defined not only by output and scale, but by safety discipline, process reliability, quality consistency, and workforce capability. Workplace culture in this sector is shaped daily on the shop floor, through adherence to safety protocols, ownership of quality, and the confidence employees have to suggest and drive improvements.

With over three decades of experience in building materials manufacturing, Unitile and its group companies have scaled operations while making sustained investments in automation, modern manufacturing systems, and workforce capability development. As production becomes increasingly technology-driven, equal emphasis is placed on enabling employees to grow alongside these advancements through structured training, hands-on learning, and clearly defined career pathways. This ensures that automation strengthens operational capability while creating long-term opportunities for people.

Safety and quality remain non-negotiable across all manufacturing facilities. Employees across functions actively participate in safety audits, quality reviews, and continuous improvement initiatives, reinforcing a culture of shared accountability and operational discipline. These practices are critical in building materials manufacturing, where precision, consistency, and risk mitigation directly impact project outcomes and customer trust.

Commenting on the recognition, Idris Rajkotwala, Executive Director, Unitile said, “This recognition holds special value because it is based on feedback from our people. In manufacturing, trust is built through everyday actions - safe working environments, fairness, opportunities to learn, and respect for every role on the shop floor. As we continue to expand and adopt advanced manufacturing technologies across our brands, developing our people remains fundamental to how we operate.”

Employee feedback plays a central role in shaping workplace practices across the Group. In manufacturing-led organisations, engaged teams directly influence safety outcomes, product quality, delivery reliability, and operational efficiency. Listening to employees ensures that cultural improvements translate into tangible performance improvements on the shop floor.

As a building materials solutions manufacturer deeply embedded in its local ecosystems, Unitile and its group companies also contribute to employment generation and skill development in the regions surrounding their facilities. By offering stable employment, structured training programs, and long-term growth opportunities, the Group supports local upliftment while building a skilled and future-ready manufacturing workforce.

As the Group continues its growth journey across Unitile, UFlex, and UniAcoustic, the focus remains on building future-ready manufacturing organisations that balance scale, efficiency, and technology with strong values and respect for people. The continued recognition from Great Place To Work® India reinforces the Group’s position as an employer of choice within the Indian building materials manufacturing sector.

About Unitile

With over three decades of experience, Unitile is India’s number one raised access floor brand and a leading manufacturer in the building materials sector. The company is known for its engineering-led approach, disciplined manufacturing practices, and consistent execution across large-scale projects.

Unitile operates state-of-the-art manufacturing facilities with a strong focus on quality, safety, automation, and workforce capability, ensuring reliability at scale for data centres, commercial buildings, and infrastructure projects across India.

Recognised among India’s Best Workplaces™ in Manufacturing – Mid-Size Top 30 by Great Place To Work® India for the second consecutive year, Unitile’s people-first culture underpins its manufacturing excellence and long-term customer trust.

For more information, please visit: www.unitileindia.com

Contact

steffi.m@united-group.in

+91 77770 31920

Ms Becky Crane, Mr Shiva Krishnamurthy, and Balki Radhakrishnan inaugurated General Mills’ Nashik Manufacturing Plant – Unit 2, strengthening its India footprint

General Mills invested approximately INR 100 crore to build this plant, and it serves as the company’s second manufacturing facility in Nashik. The facility has been built using advanced manufacturing technologies and global quality standards, with a strong focus on food safety, high quality, and responsible resource use.

The new plant at Nashik will also ensure a more efficient supply chain, reducing lead times and enhancing the availability of Pillsbury products across the country. This improved accessibility will empower thousands of bakeries in India to leverage Pillsbury's consistent quality, thereby contributing to their own growth and the overall development of the bakery sector.

Beyond manufacturing scale, the plant is expected to deliver meaningful economic impact in the region. It has already created numerous direct and indirect employment opportunities across manufacturing, logistics, and support services, providing a boost to local livelihoods and skill development in the Nashik region of Maharashtra. Furthermore, the increased demand for raw materials and ancillary services will stimulate growth for local suppliers and businesses.

"We're extremely proud to increase the availability of Pillsbury products across the country with the opening of our new plant in Nashik," said Balki Radhakrishnan, Vice President and Managing Director of Global Emerging Markets at General Mills. "Since 1999, our Pillsbury brand has been offering delicious, quality and convenient baking mixes in India. This expansion allows us to serve our consumers and bakery partners better, faster, and at greater scale."

The inauguration event to celebrate this milestone, was attended by senior company representatives, officials from the U.S. Consulate in Mumbai, and the Government of Maharashtra. Their presence underscores the strategic importance of this investment and the broader collaboration between global companies and Indian manufacturing ecosystems. The new plant represents a commitment to the economic prosperity of the region and a strategic move to further embed Pillsbury within India's evolving culinary landscape.

About General Mills

General Mills makes food the world loves. The company is guided by its Accelerate strategy to boldly build its brands, relentlessly innovate, unleash its scale and stand for good. Its portfolio of beloved brands includes household names like Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Totino's, Annie's, Wanchai Ferry, Yoki and more. General Mills generated fiscal 2025 net sales of U.S. $19 billion.

For more information, please visit www.generalmills.co.in.

The structural fire protection at international airport, Riyadh (KKIA) is powered by fischer FireStop solutions

Saudi Arabia has long been a region of growing importance and is currently undergoing profound change. With its "Saudi Vision 2030", the kingdom is reinventing itself – moving towards innovation, sustainability and gigantic construction projects. New cities, futuristic architecture, major international events: the country is building its future – and fischer is part of it. "Saudi Arabia is an important market for us, which is why we now have our own national subsidiary," says Owner Prof. Klaus Fischer.

The new company is based in the capital, Riyadh. There are further locations in the cities of Jeddah, Dammam and Tabuk. Dammam is also home to a fischer production site. Alexander Bässler, CEO of the fischer Group, sees this as an important step, "The Middle East is of great importance to our company. Together with our locations in Dubai and Qatar, the new company strengthens our position in the region."

Large-scale projects in the region are already common practice for fischer, as a glance at the country's major construction sites shows:

• At Jeddah Tower, which will be the tallest building in the world, fischer products are ensuring that the structure can safely rise over a kilometre into the sky.

• In the gigantic Red Sea Project, fischer solutions are being used in the spectacular Shurayrah Island Bridge and in luxury resorts – built in the middle of the desert and in the mountains.

• The Solitaire Mall is a new architectural highlight in Riyadh, combining shopping, leisure, dining and business. The building envelope was securely and firmly anchored with fischer façade systems over an area of 16,000 m².

• And fischer fire protection solutions are being used at the new Riyadh International Airport, one of the most important air hubs in the region.

With over 32 million inhabitants, Saudi Arabia is the largest economy in the region – and with an area of 2.1 million square kilometres, it is almost six times the size of the United Kingdom. With many interesting projects in the pipeline, the country is on the verge of a historic construction boom. fischer is now well prepared for this – with global expertise, a local presence and now also its own location in Saudi Arabia.

The Institute of Manufacturing and Economy: Rethinking Manufacturing of the Future

These imperatives formed the backdrop to the R&D Conclave on the Changing Nature of Innovation, held at Ahmedabad University in collaboration with the Centre for Technology, Innovation and Economic Research (CTIER). The Conclave brought together perspectives from national research and funding institutions, government, industry, and academia, including participation from the Anusandhan National Research Foundation (ANRF), the Ministry of Electronics and Information Technology, Centre for Sustainable Energy and Mobility (C-SEM) and industry leaders from Tata Chemicals, Pidilite Industries Limited, and NXP Semiconductors.

In his keynote address at the conclave, Shivkumar Kalyanaraman, Chief Executive Officer of ANRF, spoke about the various mechanisms being put in place to strengthen collaboration between industry and academia in advanced manufacturing. He also emphasised the growing importance of interdisciplinary approaches in addressing complex technological and manufacturing challenges, and the need to align research, talent development, and industrial capability building.

On the sidelines of the Conclave, Ahmedabad University announced the setting up of the Institute of Manufacturing and Economy to rethink the future of manufacturing in relation to innovation, productivity, and economic strategy.

The transformation of manufacturing demands advances in materials, processes, and digital manufacturing, alongside stronger linkages between small and large firms and better coordination across supply chains. It also requires new approaches to talent development and to research, both managerial and technological, to enhance productivity and innovation.

Conceived in response, the Institute of Manufacturing and Economy brings together scientists, engineers, economists, managers, social scientists, policymakers, and industry practitioners, and treats manufacturing as a cross-disciplinary challenge spanning engineering, management, public policy, economics, and science, with a strong emphasis on collaboration with industry and government.

“Manufacturing challenges cannot be addressed in isolation. Envisioned as a leading global centre for research, education, innovation, and industrial problem-solving, the Institute recognises that productivity, technology adoption, research translation, workforce readiness, and supply chain coordination require integrated perspectives and sustained collaboration between academia, industry, and policymakers,” said Professor Pankaj Chandra, Vice Chancellor of Ahmedabad University. Through sustained engagement with firms and industrial clusters, the Institute aims to translate research into solutions relevant to manufacturing practice while developing a distinct and informed point of view on Indian manufacturing.

According to Professor Sunil Kale, Dean of the School of Engineering and Applied Science and Co-Director of the Institute, strengthening manufacturing requires close engagement with firms alongside a deep understanding of industrial policy, labour capabilities, productivity, and innovation systems. Advanced manufacturing will require systems integration that brings AI into various production domains. The Institute is planned to work closely with manufacturing industry in India.

The Institute’s activities will include new product and process optimisation, executive education programmes, manufacturing clinics for SMEs, publishing policy and competitiveness reports, and the biannual Stepwell Manufacturing and Economy Dialogue. It will also support postgraduate education at Ahmedabad University in areas such as composites, microelectronics and semiconductors, advanced manufacturing, 3D printing and operations management, alongside initiatives that support startups in advanced manufacturing.

The Institute draws on the breadth and depth of facilities at Ahmedabad University, including cutting-edge laboratories, fabrication and prototyping shops, The Learning Factory, VentureStudio, Tinkerers’ Laboratory, High Performance Computing infrastructure, Bloomberg Laboratory and incubation and research infrastructure. These facilities will support collaborative research, prototyping, testing, and training in partnership with industry. Through its integrated approach to research, education, and industry collaboration, the Institute of Manufacturing and Economy seeks to contribute to India’s transition towards a high-productivity, innovation-driven manufacturing ecosystem.

About Ahmedabad University

Ahmedabad University is a leading private, non-profit research university offering students a liberal education focused on interdisciplinary learning, practice orientation, and research thinking.

The University has been

• Recognised by the Government of Gujarat as a Centre of Excellence. 

• Accredited with 'A' grade by the National Assessment and Accreditation Council (NAAC).

• Awarded Leadership and Management Team of the Year at the Times Higher Education Awards Asia 2025.

• Awarded a 5-star rating, the highest awarded in the Gujarat State Institutional Rating Framework (GSIRF) for 2021-22 and 2023-24, by the Knowledge Consortium of Gujarat (KCG), Department of Education, Government of Gujarat.

• Awarded the Royal Institute of British Architects (RIBA) International Award for Excellence 2024 for our University Centre.

• Awarded a 'Platinum Rating' by the Indian Green Building Council for sustainability and green practices.

• Recognised by the UGC under Section 12(B) of the UGC Act, becoming one of the very few private research universities to have been awarded this recognition for select research universities.

• Recognised as a Highly Commended University for Teaching and Learning Strategy of the Year in the Times Higher Education (THE) Awards Asia 2023.

• Awarded the AACSB’s Innovations That Inspire Award 2023 for its Foundation Programme.

• Awarded Gold Rating by the Indian Green Building Council for achieving the Green Building Standards at our University Centre. 

The University, established in 2009, is rooted in the vision of one of India’s finest educational foundations, the Ahmedabad Education Society, which was founded in 1935 by nationalist leaders. Programmes at the University range from bachelors to doctoral levels in humanities and social sciences, natural sciences, engineering, and management through its 14 Schools and Centres: 

Amrut Mody School of Management | Bagchi School of Public Health | School of Arts and Sciences | School of Engineering and Applied Science | Ahmedabad Design Lab | Centre for Heritage Management | Centre for Learning Futures | Global Centre for Environment and Energy | International Centre for Space and Cosmology | Sahyog: Centre for Promoting Health | Stepwell Centre for Asian Futures | The Climate Institute | The Institute of Manufacturing and Economy | VentureStudio

An urban university, Ahmedabad promotes independent-mindedness and diversity across all dimensions of its activity and helps students mature into critical thinkers who are analytically equipped, practically oriented, and contextually aware global citizens. The University provides a contemporary educational framework that brings liberal arts, sciences, and the professions to engage together in creating new knowledge for addressing complex challenges of the society and in offering majors that merge the boundaries of disciplines to prepare students for the new economy.

Greaves Cotton Limited, a leading diversified engineering company in India, reported a robust performance across all key metrics, for the quarter and nine months ended December 31, 2025, supported by strong demand across its core businesses, momentum in the international business and strong execution.

On a consolidated basis, Q3 FY26 revenue increased 17% year-on-year to Rs.  875 crore, with EBITDA of Rs. 62 crore up 57%, and PBT of Rs. 37 crore. For 9M FY26, consolidated revenue was Rs. 2436 crore, up 16% year-on-year, with EBITDA of Rs. 171 crore and PBT of Rs.  111 crore.

During Q3 FY26, the company reported standalone revenue of Rs. 575 crore, with EBITDA of Rs. 78 crore and PBT of Rs. 74 crore. Standalone revenue grew 14% year-on-year, while EBITDA increased 18% year-on-year.

For 9M FY26, standalone revenue stood at Rs. 1667 crore, with EBITDA of Rs. 232 crore and PBT of Rs. 226 crore, reflecting a 33% year-on-year growth in PBT, supported by strong export momentum, a well-established aftersales network, complemented by operational efficiencies and cost optimisation under the new strategy.

Management Commentary

Commenting on the performance, Mr. Parag Satpute, MD & Group CEO, Greaves Cotton Limited, said, “Greaves Cotton’s robust performance in Q3 FY26 reflects the strong execution across all our businesses. We continue to see steady demand across our Energy, Mobility and Industrial Solutions, supported by momentum in international business, aftermarket growth and application-led innovation. I am pleased to share we remain firmly on track for our strategic priorities and through GREAVES.NEXT, we are strengthening our operating foundations, building strong customer partnerships and investing selectively to build a future-ready engineering company, while maintaining disciplined capital allocation.”

Business Performance

The Core businesses continued to deliver strong growth during the quarter, reflecting Greaves Cotton’s application-led approach and strong execution.

• Energy Solutions revenue rose by 21% YoY in 9M FY26and 6% YoY for Q3FY26, supported by consistent genset demand and strong momentum in the aftermarket business. The spares and service segment grew by 40% YoY for the same period.

The company strengthened execution through a new zonal structure integrating sales, service, and spares, and launched a Retail Annual Maintenance Contract towards enhancing customer responsiveness, value and service reach. Going forward, Energy solutions will become a dominant part of the portfolio.

• Mobility Solutions recorded a strong performance, led by strong export demand for Euro V+ compliant diesel engines and healthy domestic volumes. Mobility Solutions delivered 15% YoY revenue growth in 9M FY26 and 18% for the quarter.

• Excel Controlinkage, the engineered components business, delivered healthy domestic growth, supported by new product launches and expanding its offerings and applications across automotive, agriculture, and industrial segments.

• Industrial Solutions progressed steadily, supported by demand from defence, marine, and special-purpose engine applications. While the business saw flat revenue growth, the company secured new defence orders and expanded its marine engine portfolio.

International Business, an important growth lever across our businesses formed 14% of revenues in 9M FY26, indicating consistent traction across global markets through strong customer relationships such as Ligier in Europe.

Investee Business

• GEML - VAHAN volumes for E-2W increased 40% quarter-on-quarter in Q3 FY26 to more than 18k units, driven by new product launches and network expansion, resulting in a market share improvement from 4.1% in Q2 to 5.0% in Q3. This is a result of growing customer acceptance, continued dealer network expansion and showroom refreshes across key markets strengthening our retail presence.

• GFL – Expanded to 74 locations, serving over 51,000 customers, and launched EV-focused financing and insurance products.  Managed AUM stood at ~Rs. 445 crore as of December 31^st, while cumulative disbursements crossed ~Rs. 640 crore.

The Company received two prestigious awards, the ‘Best Governed Company in the ‘Listed Segment: Emerging Category’ by the Institute of Company Secretaries of India, and the Best Process Control Award from Stanley Black & Decker among its global suppliers as a recognition of strong governance standards and process excellence.

Strategic Progress

During the quarter, Greaves Cotton continued to execute GREAVES.NEXT, its multi-year strategy to build a trusted, innovative, and future-ready engineering company. Under this strategy, we have outlined a Rs. 500–700 crore medium-term investment plan to strengthen core capabilities and support new product development aligned with long-term growth priorities. We continue to make targeted investments across R&D and manufacturing, including fuel-agnostic engines, advanced gensets and rare-earth-free motors. With international business being a key strategic priority, we have established a dedicated international team and are strengthening customer relationships and staying close to customer needs.

Progress under GREAVES.NEXT remains steady, with a clear path to achieving a 16–20% CAGR by accelerating core strengths, adding new capabilities, and selectively expanding into adjacencies. A disciplined operating system and governance cadence ensure clear targets and accountability.

Outlook

Looking ahead, Greaves Cotton remains cautiously optimistic, supported by industrial and infrastructure-led demand, increasing need for reliable power solutions, and expanding global opportunities. The Company will continue to focus on execution, margin improvement and capital efficiency to drive sustainable long-term value creation.

About Greaves Cotton Limited

With a legacy of over 165 years, Greaves Cotton Limited is a diversified, future-ready engineering company delivering innovative and sustainable solutions to customers across key sectors. Renowned for its precision engineering and technology leadership, the Company’s growth strategy is anchored on three core dimensions: accelerating its core businesses, building new muscle onto the core, and expanding into new horizons across Energy Solutions, Mobility Solutions, and Industrial Solutions.

As one of India’s largest manufacturers of single-cylinder diesel engines, and a pioneer in introducing them for microcar applications in the European market, Greaves continues to reinforce its commitment to accessible, efficient, and reliable mobility. The Company also has a longstanding association with the Indian armed forces, with its products supporting a range of defence and naval applications, embodying its role in industrial advancement and nation-building. Guided by its purpose of ‘Empowering Lives’, Greaves is committed to providing reliable products, sustainable technology, and customer-centric solutions. With its strong engineering foundation and continuous innovation, the Company aims to enable people, businesses, and communities to progress with confidence in a future rooted in engineering excellence and driven by efficient energy.

The investee companies of Greaves include Greaves Electric Mobility Limited (GEML) with its diverse portfolio of electric 2 & 3 wheelers for passenger and cargo mobility, and Greaves Finance Limited (GFL) with ev.fin, a 100% EV focused NBFC that leverages cutting-edge technology to offer customised financing options & seamless buying experience. Both these businesses play a significant role in accelerating EV adoption in India.

For more information, visit - www.greavescotton.com

Note: "This press release may include statements of future expectations and other forward-looking statements based on 'management's current expectations and beliefs concerning future developments and their potential effects upon Greaves Cotton Limited and its subsidiaries/ associates ("Greaves"). These forward-looking statements involve known or unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from our expectations include, amongst others: general economic and business conditions in India and overseas, our ability to successfully implement our strategy, our research and development efforts, our growth and expansion plans and technological changes, changes in the value of the Indian Rupee and other currency changes, changes in the Indian and international interest rates, change in laws and regulations that apply to the related industries, increasing competition in and the conditions of the related industries, changes in political conditions in India and changes in the foreign exchange control regulations in India. Neither Greaves, nor our directors, or any of our subsidiaries/associates assume any obligation to update any particular forward-looking statement contained in this release."

Disclaimer: -   GREAVES ELECTRIC MOBILITY LIMITED (“GEML”), a subsidiary of GCL, is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares and has filed a draft red herring prospectus dated December 23, 2024 (“DRHP”) with Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI at www.sebi.gov.in, the website of the National Stock Exchange of India Limited at www.nseindia.com, the website of the BSE Limited at www.bseindia.com, on the website of GEML at www.greaveselectricmobility.com  and on the websites of the lead managers, Motilal Oswal Investment Advisors Limited at www.motilaloswalgroup.com, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) at www.iiflcap.com  and JM Financial Limited at www.jmfl.com , respectively.  Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus which may be filed with the Registrar of Companies, Tamil Nadu at Chennai in the future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI and the Stock Exchanges in making any investment decision. This announcement does not constitute an invitation or offer of securities for sale in any jurisdiction. The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act"), and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States to "qualified institutional buyers" (as defined in Rule 144A under the U.S. Securities Act) in private transactions exempt from the registration requirements of the U.S. Securities Act, and (ii) outside the United States in offshore transactions in reliance on Regulation S and the applicable laws of the jurisdiction where those offers and sales occur. There will be no public offering of the Equity Shares in the United States in this release." 

JK Cement Leadership at the Buxar, Bihar plant

Commenting on the strategic achievement, Dr. Raghavpat Singhania, Managing Director, JK Cement, said, “Crossing 31 MTPA is a significant turning point in JK Cement's expansion and demonstrates the scale, resilience, and aspirations of our company. In addition to making a significant contribution to Bihar's development vision, the commissioning of our Buxar plant represents a strategic step towards expanding our national footprint. We are committed to developing top-notch manufacturing capabilities that boost India's infrastructure development and generate long-term benefits for local communities.”

The Buxar plant, with a capacity of 3 MTPA, is spread across 100 acres and is strategically located on the Patna–Buxar highway, enabling faster and more efficient distribution across the state and adjoining regions. While JK Cement entered the Bihar market last year through supplies from its Prayagraj plant, the Buxar facility will now allow the company to serve the region locally, with deliveries possible within 24 hours across the state.

Sharing his views on the expansion, Mr. Madhavkrishna Singhania, Joint Managing Director & CEO, JK Cement, added, "JK Cement is now among India's top five producers of grey cement after the Buxar plant commissioning. Our capacity to serve Bihar locally, more effectively, and on a larger scale is strengthened by this facility. Although we had already entered the Bihar market last year using Prayagraj supplies, local manufacturing now enables us to be nearer to our clients and significantly raise service standards throughout the state. Buxar places us at the center of this chance to promote sustainable growth for both the company and the region in Bihar, a high-growth market with strong infrastructure momentum.”

The new facility is a strategic step in supporting Bihar’s development vision, ensuring faster access to superior quality cement for infrastructure, housing and commercial projects. About ₹500 crore has been invested by the company in the project. Commercial production started on January 29, 2026, after construction started in March 2025. In addition to drawing ancillary industries to the area, the plant is anticipated to create a sizable number of direct and indirect jobs, bolstering the local economy and industrial ecosystem.

About JK Cement Ltd.
JK Cement Ltd. is among India’s top manufacturers of Grey and White Cement, and home-building solutions globally. For over five decades, JKCement has contributed to India’s infrastructure through product quality, customer focus, and technology leadership, beginning with its flagship grey cement unit in Nimbahera, Rajasthan, in May 1975. 

The Company’s Grey Cement capacity is 31.26 MTPA, making it a leading manufacturer with a strong presence across 15 states, especially in Rajasthan, Uttar Pradesh, and Madhya Pradesh. With a total White Cement and Wall Putty Capacity of 3.05 MTPA, JK White Cement is sold in 36 countries around the globe. 

The Company has a strong international presence with two subsidiaries, JK Cement Works Fujairah FZC and JK White Cement (Africa) Ltd. In 2023, JKCement launched JKMaxx Paints, offering wall, wood, and metal finishes. In the same year, JKCement expanded into construction chemicals with JK Profix, a waterproofing line, and also entered the Ready-Mix Concrete segment with JK Super Concrete, serving Delhi NCR and set for nationwide growth.

For more information, please visit JK Cement: www.jkcement.com

From Diamond to Sun: How Goldi Solar Reignited Navsari's Sparkle
 

The downturn became more pronounced following the global financial crisis of 2008. The recession, whose effects stretched well into the following decade, severely impacted the diamond industry worldwide. Geopolitical tensions, fluctuating international demand, and adverse tariff regimes further strained an already fragile ecosystem. As a result, diamond workshops in Navsari began shutting down, traders faced prolonged periods of inactivity, and thousands of gem artists lost their primary source of income. The once-thriving diamond city saw its identity shift decisively to Surat.
 

With limited employment opportunities remaining in Navsari, many gem artists were compelled to commute daily to Surat in search of work. These journeys often consumed more than three hours a day, draining both time and energy. Despite their specialized skills, these workers remained part of the unorganized sector, with little job security, irregular income, and minimal access to social benefits. Over time, this arrangement proved unsustainable, pushing many families into financial uncertainty.
 

The situation deteriorated further in 2020 when the Covid-19 pandemic brought economic activity to a grinding halt. The nationwide lockdown disrupted industries across the country, leaving traditional gem artists without work or income. With no safety net to fall back on, despair and uncertainty loomed large over the community. Many families struggled to meet basic expenses, and the future appeared increasingly bleak.
 

Amid this crisis, a transformative opportunity emerged. Surat-based industrialist Capt. Ishver Dholakiya, Founder and Managing Director of Goldi Solar initiated a solar panel manufacturing facility in Navsari at the long-defunct Mafatlal Mill compound, which had remained closed and unused for several years. This initiative not only revitalized idle industrial land but also aligned with India’s growing focus on renewable energy and sustainable development.
 

Recognizing the potential of the local workforce, over 1,000 former gem artists were enrolled in professional training programs for solar panel manufacturing at the Industrial Training Institute (ITI) in Kharel, free of cost. The ITI, operating under the Directorate General of Training of the Ministry of Skill Development and Entrepreneurship, Government of India, provides practical, industry-oriented training in both engineering and non-engineering trades. Upon completion of the program, these trained workers were absorbed by Goldi Solar at its Vejalpore plant in Navsari, earning a stable monthly income of Rs. 20,000.
 

This transition marked a significant shift in the lives of these workers. From being part of the unorganized sector, they moved into structured employment with benefits such as statutory leaves, compensation, safe working conditions, and access to nutritious meals at the factory canteen. Most importantly, they gained the dignity of stable employment close to home, eliminating the need for long and exhausting daily commutes.
 

Conversations with these workers reflect a powerful story of hope and renewal. They jubilantly talk about improved financial stability, the ability to support their families, and the relief of repaying long-standing debts. They can’t thank Capt. Ishver Dholakiya and the entire Goldi Solar Group enough for the metamorphosis that was actuated in their lives. Beyond direct employment, the establishment of the solar plant also generated indirect livelihood opportunities, including catering, logistics, and essential supplies, benefiting the broader local economy.
 

Today, the optimism visible on the faces of these workers underscores a larger transformation. The sun that now shines over Navsari symbolizes resilience, sustainability, and shared prosperity. By merging renewable energy with inclusive employment, Navsari has found a new path forward, one that brings both environmental responsibility and social upliftment. It would not be an exaggeration to say that Navsari hasn’t settled for less and that Goldi Solar under the aegis of Capt. Ishver Dholakiya facilitated the transition from Diamond to Sun with the Sparkle Brightened Manifold.

Mr. Bakul Limbasiya, Founder of Bhathwari Technologies

This recognition is especially significant as it not only celebrates Limbasiya’s personal achievements but also marks an important milestone for the lab-grown diamond industry in India. Historically, the APO National Award has been presented to distinguished leaders such as Mr. Anil Naik of Larsen & Turbo and Dr. Verghese Kurien, underscoring its stature and legacy in honouring visionaries who have made transformative contributions to India’s industrial landscape. The inclusion of the lab-grown diamond sector among its awardees signals a strong acknowledgment of the industry’s growing strategic and economic relevance.

A pioneer in the global lab-grown diamond (LGD) sector, Bakul Limbasiya has been associated with the industry since 1998 and is credited with producing India’s first-ever lab grown diamond in 2004. His early involvement and pioneering breakthroughs laid the foundation for what has today become a globally competitive, technology-driven Indian LGD ecosystem.

Through his work, Limbasiya has played a central role in shaping India’s position as a global hub for lab-grown diamonds, championing technology-driven manufacturing, responsible practices, and export-led growth. His efforts have contributed to enhancing productivity standards within the industry, promoting innovation in diamond growing and processing technologies, and strengthening India’s reputation in sustainable diamond production in line with the nation’s Atmanirbhar Bharat vision.

Speaking on receiving the award, Bakul Limbasiya said, “This honour goes beyond individual recognition; it is a validation of India’s lab-grown diamond community that is redefining the future of the diamond industry. Our sector stands at the intersection of technology, sustainability, and value creation, and India is uniquely placed to lead this global shift.”

The award highlights the wider transformation underway in the diamond ecosystem, where lab-grown diamonds are emerging as an engine of employment, export growth, and technological advancement, while offering a sustainable alternative to traditionally mined diamonds.

The APO National Award serves as a reaffirmation of India’s commitment to productivity excellence and its leadership in new-age manufacturing sectors.

About BTPL

Bhathwari Technologies Pvt. Ltd. (BTPL), based in Surat, is one of the world’s leading producers of lab-grown CVD diamond reactors and advanced technologies for lab-grown diamonds. The company has a strong focus on innovation and continuous development of cutting-edge CVD plasma technology, playing a significant role in strengthening India’s leadership in sustainable diamond production. BTPL has remained instrumental in shaping the LGD sector in India and has led the sector through its strategic investment in Limelight Diamonds, India’s largest lab grown diamond jewellery brand, further reinforcing its commitment to building a robust, integrated and future forward lab grown diamond ecosystem in India.

Starlinger recycling line at Chemco Group’s food-grade rPET facility in Sanand, Gujarat

The facility is designed to recycle over 1 billion post-consumer PET bottles annually, converting them back into high-quality, food-grade recycled PET (rPET) suitable for direct food and beverage packaging applications. With this commissioning, Chemco significantly strengthens India’s domestic capability to replace virgin plastic with certified recycled material while maintaining stringent quality and safety standards.

Located in the industrial hub of Sanand, the plant has been developed to meet global regulatory expectations. The recycled PET produced at the facility is US FDA and EFSA approved, and fully compliant with FSSAI requirements for food-contact applications in India. In addition, the operations adhere to all applicable Bureau of Indian Standards (BIS) governing plastic recycling and recycled PET materials, reinforcing Chemco’s commitment to regulatory excellence and product integrity.

“This facility represents a strategic shift in how Chemco approaches sustainability,” said Mr. Vaibhav Saraogi, Managing Director, Chemco Group. “Rather than treating recycling as an external dependency, we have built a fully integrated bottle-to-bottle ecosystem that gives our customers confidence in supply security, traceability, and compliance. This is not just an investment in infrastructure; it is an investment in the future of responsible packaging.”

The commissioning of this plant comes at a time when global brands and regulators are intensifying their focus on recycled content, carbon reduction, and circularity. By establishing in-house recycling capabilities, Chemco enables its brand partners to meet recycled-content mandates, extended producer responsibility (EPR) obligations, and sustainability commitments without compromising on performance or food safety.

The Sanand facility has been developed as a closed-loop operation, ensuring complete control across the recycling value chain. This integrated approach enhances traceability, reduces dependency on external suppliers, and lowers the environmental impact associated with long logistics routes. The scale of operations also allows Chemco to deliver consistent quality and volumes required by large beverage, FMCG, and food brands.

Beyond environmental impact, the project delivers meaningful industrial and regional benefits. The facility generates skilled employment, strengthens Gujarat’s position as a manufacturing and sustainability hub, and contributes to India’s broader objectives of waste reduction, resource efficiency, and circular manufacturing.

Chemco Group brings over three decades of experience in PET packaging to this initiative, supplying rigid and flexible packaging solutions to leading domestic and international brands. The addition of large-scale rPET recycling further consolidates Chemco’s position as a long-term partner for companies seeking credible, compliant, and scalable sustainable packaging solutions.

As demand for food-grade recycled materials continues to rise across global markets, Chemco plans to leverage this platform to support higher recycled-content applications and future capacity expansions. The company’s approach remains firmly focused on combining industrial scale with regulatory discipline and environmental responsibility.

With the commissioning of its Sanand rPET facility, Chemco Group takes a decisive step forward in closing the loop on PET packaging, transforming waste into a valuable resource and reinforcing its role as a leader in India’s circular plastics ecosystem.

For more information about Chemco Group, please visit www.chemcogroup.com

About Chemco Group

Chemco Group is an international manufacturing group with over four decades of operating history across plastics and polymer-based products. The Group operates manufacturing facilities across India and the Gulf region, serving leading domestic and global brands. Chemco’s diversified portfolio includes rigid and flexible packaging, technical textiles, medical devices, and baby care products. With strong capabilities in PET packaging and sustainable solutions, including food-grade recycled PET, the Group is focused on regulatory compliance, quality manufacturing, circularity, and long-term value creation.

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LinkedIn: linkedin.com/company/chemcogroup

VinFast rolled its 200,000th electric vehicle of 2025 out of the Hai Phong plant

That sense of continuity turned into a milestone on December 31, when VinFast rolled its 200,000th electric vehicle of 2025 out of the Hai Phong plant. The number capped a year in which the company had already spent more than twelve months as the best-selling car brand in Vietnam, steadily widening a gap between itself and long-established rivals.

The factory itself helps explain how that pace has been sustained. With more than 1,200 ABB robots and a production process nearing 90 percent automation, the Hai Phong plant runs with the discipline and rhythm of a mature global manufacturer. December alone saw nearly 26,000 vehicles completed. On its busiest day, the plant produced more than a thousand cars in 24 hours, a level of output that puts it firmly in gigafactory territory.

The identity of the 200,000th vehicle mattered as much as the number itself. It was the Limo Green, a fully electric seven-seat MPV that has become one of VinFast’s standout successes. In November 2025, the model posted monthly sales of 9,642 units, the highest single-month figure ever recorded by any car in Vietnam. The appeal is straightforward and deliberate: space, features, and practicality, wrapped into an electric MPV designed for families and fleet buyers alike. VinFast plans to bring the Limo Green to India and Indonesia next, markets where affordable electric people movers have big growth potential.

While celebrations were underway in Hai Phong, another piece of good news arrived from more than 5,000 kilometers away. On that same December 31st, India’s VAHAN data showed VinFast had recorded 321 new electric vehicle registrations for the month, overtaking both Hyundai and Kia. The result placed VinFast fourth in India’s EV market in December, a notable showing for a brand still learning its way around the country.

The ranking deserves attention. Although VinFast officially launched its brand in January 2025, sales only began in September, and with just two models, the VF 6 and VF 7, both assembled locally at its Tamil Nadu plant. Four months later, the company had already expanded to 35 showrooms nationwide.

“VinFast’s entry is raising the bar for design, features, and performance in the EV segment,” wrote one industry observer.

Taken together, these developments suggest a company stepping into 2026 with its footing secure. Beyond Hai Phong, VinFast brought three new factories online over the past year, in Ha Tinh in Vietnam, Tamil Nadu in India, and Subang in Indonesia. The footprint reflects a strategy built around local production, tighter supply chains, and a long view of global growth.

Looking ahead, change is coming, but the direction remains consistent. VinFast is continuing to build out its EV ecosystem, expanding dealerships and service centers while tackling charging access head-on. In December, its strategic charging partner V-Green signed agreements with HPCL to install EV chargers at fuel stations across India, addressing one of the most persistent concerns among Indian EV buyers.

In 2026, the company’s three core pillars will continue to bring tangible benefits to consumers. Vehicles are designed to meet high-quality standards. Pricing is structured to stay inclusive. Exceptional after-sales policies are meant to reduce uncertainty. Indian customers are offered warranties of up to ten years/200,000 km on vehicles and batteries, along with benefits such as three years of free maintenance, incentives that aim to make the transition to electric feel less like a leap of faith.

For a new brand, the strategy signals patience. VinFast is spending early to earn trust later, betting that consistency will matter more than quick wins. As one Indian auto industry analyst observed, the next phase will come down to execution. If manufacturing strength continues to show up in everyday ownership and charging access improves at the same pace, VinFast’s early momentum could carry well beyond 2026.

For customers already behind the wheel, the shift feels personal. “I didn’t buy it just because it looks good and new, though that helps,” said Rahul, a first-time EV owner in Pune. “I bought it because the VinFast team at the showroom made me feel supported, and because they’ve actually built a factory here. That tells me they’re serious about staying for the long term.”

Marking over 50 years of engineering and manufacturing leadership, RSB Group published its first Sustainability Report, reaffirming its commitment to responsible growth, operational discipline, and long-term value creation for stakeholders. The report presents performance data across energy consumption, greenhouse gas emissions, water usage and waste management, supported by defined targets and alignment with global reporting standards.
 

RSB Group releases its first Sustainability Report 2025

Sustainability is embedded in RSB’s DNA and has been part of the Group’s approach since its inception, shaping decisions across engineering, manufacturing, and operational excellence.
 

Speaking on the occasion, R. K. Behera, Chairman, RSB Group, said, “Our sustainability journey is rooted in measurable actions on the factory floor. These efforts focus on improving energy use, lowering emissions, and managing water and waste responsibly. At its core, this journey is guided by our 4P framework of Purpose, People, Process, and Planet, which shapes how we design, manufacture, and deliver across our operations. The progress reflected in this report demonstrates how operational discipline, an efficient workforce and clear targets translate into meaningful outcomes. These principles are fundamental to building a sustainable and competitive manufacturing footprint for the future.”

Energy and emissions performance

According to the report, total energy consumption stood at 264,850 GJ, reflecting a ~5% reduction over the past three years, while energy intensity declined to 1.50 GJ per tonne, a ~16% improvement compared to FY22–23.
 

Total Scope 1 and Scope 2 greenhouse gas emissions reduced to 48,137 tCO₂e, with Scope 1 emissions declining by ~25% compared to FY22–23. GHG emissions intensity improved to 0.27 tCO₂e per tonne, marking a ~17% reduction over the same period.
 

The report outlines a five-year decarbonisation roadmap focused on renewable energy adoption, energy efficiency measures and low-carbon technologies. It also sets out 2030 commitments, including 50% renewable energy adoption and 60% water neutrality, building on progress already achieved.
 

S.K. Behera, Vice Chairman of RSB Group, added, “At RSB, sustainability is not a parallel initiative; it is embedded across the entire value chain, from product design and engineering to manufacturing, logistics, and delivery. Every process decision is evaluated through the lens of efficiency, responsibility, and long-term impact. This commitment is foundational to how we operate today and will continue to guide us as we build future-ready, sustainable manufacturing systems.”
 

Water and waste management

The report also highlights progress in water stewardship, with water intensity improving to 0.61 KL per tonne, a ~4% year-on-year improvement in FY24-25. Waste management initiatives enabled approximately 97% of waste to be diverted from landfill, reflecting process-level improvements across operations.
 

Beyond environmental metrics, the Sustainability Report outlines continued focus on employee safety, workforce skill development and community engagement. Social initiatives are implemented through RSB Foundation, with programmes spanning education, healthcare, livelihoods and environmental stewardship across multiple regions.
 

Aligned with SEBI BRSR and GRI standards, the Sustainability Report reflects a growing emphasis on governance, data-driven performance tracking and the integration of sustainability considerations into manufacturing operations.

Mr. Tapan Ghosh (center), CEO of VinFast India, received the award from the organizers of the ACKO Drive Awards 2026: The One That Matters

At the ACKO Drive Awards 2026, the VinFast VF 7 was named “Mid-Size SUV of the Year” after convincingly meeting the criteria of a modern family SUV. The award is presented by ACKO Drive, a leading automotive content platform in India, with winners determined by a jury of top industry experts through a rigorous evaluation process.

Meanwhile, at the GaadiWaadi Editors’ Choice Awards 2026, the “Value-for-Money Package of the Year” award was presented to the VinFast VF 6. The model was recognized for its well-rounded balance of performance, technology features, modern interior design and competitive pricing, positioning it as a strong choice for value-focused Indian customers. GaadiWaadi Editors’ Choice Awards are organized annually by GaadiWaadi, one of India’s most trusted automotive news platforms, to honor standout products in the market.

At the Motorscribes Auto Awards 2025, VinFast secured a double win, being named “Electric Vehicle Manufacturer of the Year”, while the VF 7 received the “Electric Vehicle of the Year” award. The honors recognize VinFast’s long-term vision and the strong value proposition of its electric vehicle lineup. Motorscribes Auto Awards are evaluated based on inputs from the jury panel and community engagement, offering a balanced reflection of expert assessment and real-market feedback.

The newest awards further add to VinFast’s growing list of recognitions in India, including the “Most Anticipated New Car” award from ABP Live News, the double honors of “Electric Vehicle Manufacturer of the Year” and “EV Disruptor of the Year” at the Jagran Hi-Tech Awards, as well as the “Design of the Year” award at the Zee Media Auto Summit.

Mr. Tapan Ghosh, CEO of VinFast India, said, “Being recognized at the ACKO Drive Awards, GaadiWaadi Editors’ Choice Awards and Motorscribes Auto Awards is a meaningful milestone for VinFast as we accelerate our expansion in India. These awards reflect the growing confidence of the market in our long-term investment strategy, product capabilities, and vision for developing a comprehensive electric mobility ecosystem. We will continue to expand our presence and invest in manufacturing and services to deliver a world-class electric vehicle experience to customers across the country.”

Mr. Siddharth Vinayak Patankar, Editor, ACKO Drive, said, “The VinFast VF 7 convincingly meets the brief for a modern family SUV in India, and scored consistently high across all parameters: performance, comfort, efficiency, safety and value. This award underlines VinFast’s seriousness about the Indian market and the growing maturity of India’s midsize SUV segment.”

Mr. Gaurav Yadav, Editor, GaadiWaadi.com, said, “VinFast has showcased a clear and strategic understanding of the Indian EV market with the VF 6. The model has been intelligently priced and packaged to meet the expectations of value-conscious yet tech-savvy customers. With a competitive driving range, modern features and an overall well-rounded proposition, the VF 6 delivers a strong balance of affordability, innovation and everyday usability.”

Mr. Vikram Gour, Editor, Motorscribes, said, “A key differentiator for VinFast is its Tuticorin manufacturing facility, which is already operational and producing both the VF 6 and VF 7 locally. As this plant expands to include two-wheelers and buses, it is set to play a meaningful role in job creation and in strengthening the local manufacturing ecosystem. The VF 7 stood out for its striking design, robust build quality, impressive real-world range and a highly competitive price point, making it a compelling choice for Indian families seeking a comfortable, reliable and stylish electric SUV.”

As it accelerates operations in India, VinFast is building a comprehensive electric vehicle ecosystem encompassing manufacturing, retail, charging infrastructure, and after-sales services to deliver a seamless ownership experience. The foundation of this long-term strategy is VinFast’s 160-hectare manufacturing complex in Thoothukudi, Tamil Nadu, which is currently assembling premium SUV models VF 6 and VF 7 in its initial phase. The facility is planned to expand by an additional 200 hectares to support future electric bus and electric two-wheeler programs. In parallel, VinFast is working with banks and service partners in India to develop financing solutions, infrastructure, aftersales services, and a circular battery value chain, contributing to the advancement of green mobility in the world’s third-largest automotive market.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle manufacturer with the mission of making electric mobility more accessible to everyone. VinFast’s current product portfolio includes a wide range of electric SUVs, electric motorcycles, electric bicycles, and electric buses.

VinFast is entering its next phase of growth by rapidly expanding its global distribution and dealer network while strengthening manufacturing capabilities, with a focus on key markets in North America, Europe, the Middle East, and Asia.

Learn more at: vinfastauto.in

The companies plan to jointly develop AI-enabled devices for use cases such as voice-enabled assistants, intelligent IoT systems, and mobility applications, where on-device processing is critical for latency, security, and offline functionality. By processing intelligence directly on the device, these products aim to reduce dependence on cloud infrastructure while improving response time and data control.

The partnership reflects a broader shift within India’s electronics ecosystem, where companies are seeking to move beyond assembly-led manufacturing toward ownership of deeper technology layers, including silicon, firmware, and embedded AI.

Speaking about the partnership, Ishwar Kumhar, Chief Executive Officer, Brandworks Technologies, said, “India must define the future of smart hardware. By combining Brandworks’ hardware execution with SandLogic’s breakthrough AI, we are bringing powerful, secure, and language-smart intelligence into devices that touch everyday life across homes, workplaces, and mobility.”

Kamalakar Devaki, Founder and CEO, SandLogic, added, “Our mission is to make AI efficient, secure, and accessible. With Brandworks, we are transforming advanced chip and speech technology into meaningful consumer products that people can trust and rely on. This is India’s moment to lead the world in edge-based AI innovation.”

This strategic partnership directly supports India’s ongoing push for self-reliance in advanced electronics and elevates the country’s role in shaping the future of connected technology. The first wave of co-developed AI-enabled hardware will be introduced in 2026, with a significant focus on mobility, home-tech, and education solutions. As the ecosystem scales, both companies aim to export these made-in-India AI capabilities to global markets.

As part of its global engagement strategy, Brandworks Technologies will also participate in CES 2026 (6–9 January, Las Vegas), where it will present its automotive and electric mobility electronics portfolio to global OEMs and ecosystem partners. The showcase will reflect the company’s growing role as an India-based ODM and OEM partner with strong in-house R&D, design, and manufacturing capabilities serving the next generation of connected and electric vehicles.

About Brandworks Technologies

Brandworks Technologies Private Limited is India’s first design-driven, R&D-led electronics manufacturing powerhouse. Brandworks specializes in design-led product development, R&D, and high-precision manufacturing. The company delivers advanced solutions across AI and IoT hardware, audio systems, power and charging technologies, automotive electronics devices. Its mission is to build a globally competitive electronics ecosystem rooted in innovation, sustainability, and engineering excellence.

About SandLogic
SandLogic, founded in 2018, is a Bengaluru-based full-stack enterprise AI company specializing in edge AI, co-processor design, and multilingual intelligence for real-world deployment. Its capabilities span low-power co-processors, edge-optimized AI chips, LLMS and speech/NLP/vision APIs that enable secure, high-performance AI directly on devices across mobility, IoT, and consumer electronics. The company has been recognized with the Aegis Graham Bell Award and the National Startup Award, reinforcing its leadership in India’s emerging AI and chip ecosystem. SandLogic continues to advance the vision of “Intelligence at the Edge, Made in India.”

VinFast factory in Hai Phong, Vietnam

Vuong came home after a decade in Eastern Europe that had turned instant noodles into a national staple and created thousands of stable jobs. He brought with him capital and confidence, but also a sharpened sense of what Vietnamese entrepreneurs could achieve on the global stage. The contrast between Kharkov’s busy factories and Hòn Tre’s silence could not have been greater. Many people dismissed the idea of developing the island at all, let alone building a luxury resort. Some said it would be like throwing money into the sea. But Vuong and his early team saw a blank canvas where others saw inhospitable terrain.

The project moved ahead. After eighteen months of construction, a five-star resort opened its doors. Its speed and scale signaled a new kind of ambition within Vietnam’s private sector. Then came the cable car, stretching 3.2 kilometers across the Nha Trang sea. For fifteen years, it held the title of the world’s longest over water cable car, an engineering achievement that few thought possible in Vietnam.

That first success gave rise to Vinpearl, which evolved into a nationwide network of resorts, entertainment complexes, golf courses and hospitality assets. Today, the brand had grown into an ecosystem of 57 facilities in 19 provinces and cities, anchoring some of Vietnam’s most sought after destinations. In October 2025, Vinpearl was recognized by Brand Finance as the strongest brand in Southeast Asia, a milestone that underscored how an audacious bet on an overlooked island became the foundation for the country’s leading tourism brand.

In hindsight, what rose on Hon Tre became the first clear expression of an instinct that would guide Vingroup for the next two decades, dare to dream big. Vingroup applied the same approach to each new sector it entered: choose a difficult challenge, execute with speed and build to world-class standards. That philosophy shaped its next frontier: Mobility.

VinFast Goes Global

VinFast emerged with the explicit goal of helping Vietnam build its own modern automotive industry. Vuong’s public statements made the motivation clear. “If it were only for money, Vingroup would not be foolish enough to make cars,” he said. In an interview, he called the venture a “devotion project”.

Domestically, VinFast quickly changed Vietnam’s mobility landscape. In the first nine months of 2025, it became the first carmaker in Vietnam’s history to surpass one hundred thousand electric vehicles sold, reaching a cumulative total of 103,884 units by the end of the third quarter. Its VF 3, VF 5, VF 6 and VF 7 models led electric vehicle sales in their respective segments. In October 2025, it set another unprecedented record by delivering more than 20,000 vehicles in a single month, raising the ten-month total to 124,264 cars nationwide and maintaining its position as the top automotive brand in Vietnam for twelve straight months.

International expansion followed a well-defined and customer-focused strategy. VinFast established a growing presence across North America, Europe and key markets such as Indonesia, the Philippines and the Middle East before moving into India. In India, by late October 2025, VinFast had 24 operational dealerships with a goal of 35 by year end. Each showroom was built to global retail standards and supported the launch of the premium VF 6 and VF 7 in the market. The Tamil Nadu plant, covering 400 acres, is designed for 50,000 vehicles per year in its first phase and scalable to 150,000. When fully operational, it is expected to create thousands of direct jobs and several thousand more across the supply chain.

To support the network, VinFast has stitched together one of the most diverse EV service partnerships now operating in India. Working with RoadGrid, myTVS, Castrol India, and Global Assure, the company has built a backbone for charging, maintenance, emergency support, and parts distribution.

VinFast also partnered with multiple Indian financial institutions such as Yes Bank, State Bank of India, HDFC Bank, etc. to deliver both dealer and retail financing, providing flexible repayment options, competitive interest rates and on-site customer support, a crucial step in accelerating India’s transition to electric mobility.

Recognition soon followed. In November 2025, VinFast India received two major honors at the Jagran Hi-Tech Awards: EV Manufacturer of the Year and EV Disruptor of the Year for the VF 7. The jury cited the company’s design capability, customer-centric model and strategic commitment to India’s growing EV ecosystem.

While VinFast advanced globally, Vingroup continued broadening its long term foundations. Two newly announced industrial directions, VinMetal and VinSpeed, reflect a deeper push to expand Vietnam’s technological and manufacturing capacity. VinMetal focuses on the metallurgical industry, supplying high-quality materials to meet the internal needs of the Vingroup ecosystem while contributing to the growth of heavy industry nationwide.

VinSpeed concentrates on high-speed railway transport and related industrial infrastructure, aiming to master advanced railway technology, lead a local supporting industry ecosystem and develop modern, efficient and environmentally friendly transport corridors, including proposed high-speed routes from Hanoi to Quang Ninh and from Ho Chi Minh City to Cần Giờ. Together, these initiatives signal Vingroup’s intent to build strategic industrial depth rather than rely solely on imported technologies.

The New Frontiers

In 2025, Vingroup also announced Culture as a new core pillar. The initiative spans talent development, film production and event organization, creating an ecosystem dedicated to preserving heritage, nurturing creative talent and elevating Vietnamese culture on the international stage.

The group’s newest large scale undertaking, Vinhomes Green Paradise in Cần Giờ, represents a shift from building cities to reimagining them. Set at the meeting point of forest and sea, the project is designed as an ESG++ megacity that blends ecological preservation, green mobility, renewable energy and AI-supported environmental monitoring. It is the first official candidate of the New7Wonders “Seven Wonders of the Future Cities” campaign, with the organization calling it a “rare jewel” and a symbol of Vietnam’s future facing vision.

For ordinary developers, this is the kind of project they would likely walk away from. Building Vinhomes Green Paradise means working beside a sensitive mangrove biosphere and navigating a coastal terrain shaped by tides and rising seas. It requires long term environmental care, careful engineering and investment that precedes any return. The ambition to bring forest, sea, green transit and low density living into one coherent plan goes well beyond standard development and reflects the same spirit that once transformed a barren island into a destination.

But Vingroup is no ordinary developer, and the methods it chooses to turn the Vinhomes Green Paradise vision into a sustainable, green reality extend far beyond standard practice. One example is its adoption of the K-DPM method, a technology originating from Japan that converts dredged mud into stable material while reducing emissions and protecting the mangrove ecosystem. Vingroup selected this approach despite its potentially higher cost, a choice that highlights its decision to place environmental safeguards above cheaper, easier alternatives.

The project has already shifted expectations of urban living among residents in Ho Chi Minh City. With cooler temperatures, lower pollution levels and direct high speed transit planned from Cần Giờ to the city center, Vinhomes Green Paradise is positioning itself as a future living destination where nature and modernity coexist in balance. New7Wonders leaders noted that it exemplifies the type of urban design humanity will need in an era defined by climate pressure and rapid urbanization.

Across all these chapters, from a barren island in 2001 to electric mobility, industrial expansion, cultural investment and regenerative urbanism, Vingroup has followed a consistent pattern. It chooses difficult opportunities early, commits to them fully and works until a new standard emerges.

Twenty years ago, few believed Hon Tre could become a resort destination. Ten years ago, few imagined a Vietnamese EV brand would lead its domestic market or expand into India and Europe. Today, a new vision is taking shape in Cần Giờ, challenging assumptions about what a sustainable megacity can be.

The through line is not a specific industry. It is a mindset grounded in confidence, discipline and service to a broader purpose. Vingroup’s story shows that “daring to dream big” can simply be a long practice of choosing the hard path, building capabilities patiently, and believing that Vietnam can reach further than expected.

Nippon Paint India announces Mr. Mark Titus as the President of its Indian Decorative Business Operations

Mr. Mark succeeds Mr. Mahesh S. Anand and takes the helm at a time when India is a key growth market for the company. With its youthful population and strong demand for home renovation and infrastructure development, the Indian decorative paints market presents significant opportunities for Nippon Paint India.

With over two decades of experience, Mark Titus is a seasoned marketing and business leader with a strong background across diverse industries including FMCG, beverages, and the paints and waterproofing sector. His exposure to fast-moving consumer categories has equipped him with deep expertise in brand strategy, consumer insights, and impactful market execution. At Nippon Paint India, he has been instrumental in shaping the brand’s decorative business by expanding market presence, driving category leadership through differentiated offerings, and enhancing digital engagement across channels. Known for his strategic acumen, collaborative leadership, and focus on talent development, Mark has fostered a culture of efficiency and empowerment that consistently delivers strong results in a highly competitive market. Widely recognized as a disruptive marketer and brand builder, he continues to apply cross-industry learnings to accelerate brand growth, strengthen market leadership, and drive innovative business outcomes.

Commenting on the appointment, Mr. Sharad Malhotra, Managing Director, Nippon Paint India Group, said, “We are delighted to appoint Mr. Mark Titus to this key leadership role. Mark has been pivotal in shaping the brand’s decorative business trajectory through his strong leadership and ability to translate market insights into impactful growth strategies. He will play a vital role in driving Nippon Paint’s journey of sustainable and profitable expansion, strengthening our brand presence, innovation, and market footprint in India.”

On assuming his new role, Mr. Mark Titus said, “I’m truly privileged to take on the responsibility of leading Nippon Paint India’s decorative division at this defining moment. With India emerging as a dynamic market for interiors, refurbishments, and new developments, my focus will be on working closely with our teams, channel partners, and consumers to enhance our portfolio, create meaningful brand experiences, and drive long-term value for all stakeholders.”

In his capacity as President - Decorative Business, Mark Titus will lead the decorative business strategy across product, channel, digital, and brand platforms in India. He will focus on driving innovation, strengthening partner networks, and enhancing the value chain through sustainable and efficient practices. By leveraging Nippon Paint’s global technologies and market expertise, Mark aims to deliver distinctive value and accelerate growth in the decorative segment.

With this leadership transition, Nippon Paint India reaffirms its commitment to being a growth leader in the domestic decorative paints industry continuously investing in innovation, consumer engagement, and market-relevant solutions, while fostering a sustainable and inclusive business ecosystem across India.

Mr. Arjun Ranga hands over the sponsorship cheque for ASL T20 2025, strengthening Cycle Pure Agarbathi’s support for inclusive sports

As a principal partner, Cycle Pure Agarbathi has extended sponsorship support for this edition of the league. Building on last year’s contribution where the brand provided professional-grade cricket kits and equipment, this year, Cycle Pure’s contribution focuses entirely on financial sponsorship to strengthen the league’s operations and ensure a seamless experience for participating athletes.

The Ability Sports League T20, organised by Kshamata Innovation Foundation and Divyaang Myithri Sports Academy, is India’s primer wheelchair cricket league. Since its inception in 2018, the league has empowered over 600 wheelchair athletes with a platform to showcase their talent, resilience, and sporting spirit.

Mr. Arjun Ranga, Managing Director, Cycle Pure Agarbathi, said, “We are proud to continue our association with the Ability Sports League. Our sponsorship this season reflects our commitment to building inclusive platforms that celebrate the determination and excellence of differently-abled athletes. Through ASL, we are not only promoting wheelchair cricket but also building a stronger, more inclusive sporting culture in India.”

Ms. Kshama Rangan, Director, Kshamata Innovation Foundation, organiser of Ability Sports League T20, said, “We are grateful for Cycle Pure Agarbathi’s continued support, which has been instrumental in sustaining and growing the Ability Sports League. This financial sponsorship ensures that our athletes can focus entirely on their game, while we provide them with a seamless and professional tournament experience. Together, we wish to establish a roadmap to create equal opportunities, recognition and career for wheelchair athletes in the Nation’s favourite game.”

This edition, Take Sports ASL T20 2025 will feature six-city based teams – Bengaluru, Chennai, Hyderabad, Mumbai, Delhi and Lucknow – with athletes representing 16 States from across India. This pan-India participation underscores the league’s growing stature as a national platform for wheelchair cricket, bringing together talent, resilience, and sporting spirit from diverse corners of the country.

VinFast introduced industry-leading warranties, up to 10 years or 200,000 kilometers

This rise has been rooted in three core pillars.

The first is high-quality vehicles, anchored in engineering discipline and global safety benchmarks. The second is inclusive pricing, a value-driven approach that pairs generous equipment levels with accessible pricing to make EV ownership realistic for more households without positioning itself as the cheapest option. And the third, now widely seen as VinFast’s differentiator, is exceptional aftersales policies, a system of customer care that has redefined what Vietnamese buyers expect from an automaker.

These three pillars did not simply help VinFast grow fast. They created a new standard for trust, transparency, and long-term support. And as VinFast moves into India, it is this same formula, especially the customer-first ethos, that is beginning to take shape again.

How VinFast reshaped TCO and aftersales expectations

For many Vietnamese consumers, an EV initially looked like a gamble. Would maintenance be complicated, would parts be available, and who would help if something went wrong on the road. And convincing Vietnamese drivers to switch from ICE to EV was never only about technology. It required changing long-held assumptions about maintenance, longevity, and the cost of ownership. VinFast’s strategy was simple: make the EV experience not only competitive with ICE, but clearly superior in the areas that matter most.

The first step was security. VinFast introduced industry-leading warranties, up to 10 years or 200,000 kilometers for the VF 7, VF 8, and VF 9, and 7 years or 160,000 kilometers for the VF 3, VF 5, and VF 6. These policies stretch two to three times longer than many petrol competitors and became a defining signal of confidence from the manufacturer.

But the decisive shift came through total cost of ownership, or put more simply, the everyday economics. Vietnamese drivers quickly discovered that EV maintenance costs were not just lower, but dramatically lower. For example, one owner reported that scheduled service for a VF 6 at 36,000 kilometers costs roughly 80 to 90 percent less than equivalent ICE vehicles. One comparison shared by a community fanpage noted that an ICE rival’s 20,000 kilometer service cost was nearly 14 times higher than that of a VinFast VF 6.

Energy savings amplified the difference. With VinFast offering free public charging at V-Green stations in Vietnam until June 2027, owners effectively eliminated their largest recurring cost. For many families, this amounted to a 100 percent reduction in energy spending, often equivalent to USD 700 to 900 per year, as one driver pointed out.

As of today, VinFast has built more than 300 service centers nationwide, forming one of Vietnam’s most extensive automotive support networks. Combined with 150,000 charging ports, this infrastructure removed anxieties about where to charge or maintain an EV and made electrification feel practical rather than experimental.

Yet physical infrastructure was only part of the equation. What truly strengthened public trust was how the company behaved when customers needed help the most. In real-world situations, both at the individual level and during broader disruptions, VinFast demonstrated a willingness to go beyond standard procedure.

Pushkar Pendse, Co-founder & CEO, Lemnisca and Shilpa Nargund, Co-founder & CTO, Lemnisca

Lemnisca is building an AI companion for fermentation that helps manufacturers scale bioprocesses faster, more predictably, and with greater efficiency. As industries shift to renewable feedstocks and biological alternatives to petrochemicals, scalable biomanufacturing has become essential. While AI has accelerated molecule discovery, the critical challenge now is taking these innovations from lab to industrial scale reliably and at speed. Lemnisca’s science-aware AI works alongside scientists and operators, coupling wet-lab experimentation with dry-lab modelling to understand process biology and steer production in real time. The result is a continuously learning system that makes biomanufacturing more efficient, predictable, and fundamentally more reliable.

Lemnisca will initially partner with fermentation-led manufacturers already advancing along their biomanufacturing journey, while also building its own internal product pipeline. The company aims to reduce development timelines by up to 50%, improve operating efficiency by 25%, and accelerate adoption of renewable and waste-carbon feedstocks, ensuring rapid validation and scalable impact. The company is currently inviting pilot collaborations and strategic partnerships across CDMOs, OEMs/SIs, and global ingredient brands.

“We are delighted to be early partners in Lemnisca’s journey, where we firmly believe that biomanufacturing in today's era needs advanced digital simulators that predict how microbial processes will perform before reaching large industrial scale,” said Priya Shah, Partner at Theia Ventures. “The team brings rich practical experience to support the symbiotic development of this product to be applied to nutraceutical markets.”

“From day one, our question was simple: how do we make biomanufacturing the default manufacturing mode globally?” said Pushkar Pendse, Co-founder & CEO, Lemnisca. “Our focus is to build the digital operating system that brings biology from lab to factory, making scale-up faster, smarter, and globally accessible.”

“We are rethinking everything, right from lab workflows to model architectures,” added Shilpa Nargund, Co-founder & CTO, Lemnisca. “The goal is fewer surprises at scale and faster, repeatable success.”

This is Theia Ventures' third investment from its new fund, which announced its first close anchored by British International Investment last month. The fund counts Sarla Aviation (an electric aircraft company) and Climitra Carbon (a biochar company catering to the steel industry) as its first two investments, and the fund has committed to three additional investments to be deployed within this financial year.

About Lemnisca
Lemnisca is building the AI companion for fermentation, enabling manufacturers to optimize, scale, and operate bioprocesses with confidence. Its science-aware AI models make biomanufacturing faster, more predictable, and more sustainable. Headquartered in Bengaluru, Lemnisca works with partners across industrial biotech and specialty ingredients globally.

About Theia Ventures
Theia Ventures is one of India’s first specialist early-stage funds focused on energy transition, deep tech, and decarbonization. The fund backs founders building technologies that transform industrial systems and accelerate the transition to a low-carbon economy.

For media inquiries:
Theia Ventures – info@theia-ventures.com
Lemnisca – pushkar@lemnisca.bio
Website - www.lemnisca.bio

Finalisation of Teaming agreement by SMPP with KNDS

The KATANA® family product includes KATANA® Ballistic Range (BR), Extended Range (ER) and High Precision (HP) with laser seeker ammunition. The KATANA family of ammunition offers a full-calibre Precision Guided Munition with extended capabilities to address armoured threats with decametric-level precision and leverages a hybrid guidance system that combines multi-constellation receiver (GNSS) and an Inertial Measurement Unit (IMU) to ensure accuracy across diverse terrains and combat environments. A future variant is expected to incorporate a semi-active laser seeker to achieve metric-level precision for even more demanding mission profiles. The fire-and-forget capability further enhances its effectiveness in complex operational scenarios, including densely populated urban areas.

Under the teaming agreement, SMPP and KNDS will focus on offering the KATANA® family of ammunition to the Indian Army under the Make in India policy, strengthening India’s capability in advanced artillery ammunition and addressing a key operational requirement for the Indian Armed Forces. This agreement comes at a time when the Indian Army has an extensive and urgent requirement for 155mm artillery systems and ammunition.

SMPP Limited, founded in 1985, is one of India’s leading defence and aerospace manufacturers with a diverse product portfolio that includes personnel protection, platform armouring, medium & large calibre ammunition & unmanned aerial systems (armed/ surveillance) and their respective payloads. The company is actively expanding into new areas critical to India’s defence preparedness. Headquartered in New Delhi, SMPP operates advanced manufacturing facilities in Haryana and Himachal Pradesh.

KNDS Ammo France belongs to KNDS Group which is a European land defence systems leader. As prime contractor and lead system integrator KNDS develop, deliver and sustain state of the art manned and unmanned ‘system-of-systems’, complete mission solutions and its main systems and sub-platforms, including the related ammunitions and services.

The recognition highlights Monolithisch India’s contribution to powering critical industrial sectors through advanced mineral solutions. The company currently serves India’s rapidly expanding secondary steel manufacturing ecosystem and is set to diversify into additional mineral and material products next year, reinforcing its position within the country’s manufacturing value chain.

Harsh Tekriwal, Managing Director, Monolithisch India

Speaking on the recognition, Harsh Tekriwal, Managing Director, Monolithisch India, said, “Our mission has always been clear — to manufacture the finest quartz and quartzite products that fuel industries fundamental to global progress, from steel and semiconductors to paints and medical technologies. India holds vast, yet underutilised mineral potential comparable to global benchmarks like Spruce Pine. Our vision is to harness these resources, apply world-class technology, and position India as a global leader in premium quartz solutions.”

He added, “Being selected for Forbes India presents DGEMS 2025 – The Select 200 gives us access to global insights, expert networks, and transformative opportunities. What truly excites us is the eXtrefy and Select 200 community — a powerful circle of founders and innovators committed to reshaping the industries of tomorrow. Together, we look forward to amplifying India’s voice on the world manufacturing stage.”

DGEMS 2025, a first-of-its-kind platform focused on cross-border expansion of high-growth companies, brings together founders, investors, and industry decision-makers to accelerate global market entry, partnerships, and innovation.

With this recognition, Monolithisch India reaffirms its commitment to advancing India’s role in global manufacturing through responsible resource development, technological excellence, and sustained industry collaboration.

TAFE unveiled its next-generation electric hybrid tractor TAFE EVX75 at Agritechica 2025

Alongside the EVX75, TAFE showcased its new vision guidance system and the new range featuring the 100 HP tractor with a new cab (TAFE 1015), 74 HP orchard and fruit tractor (TAFE 7515 GE), and Compact Utility Series, 65 HP (TAFE 6065), each designed to meet a diverse range of operations and requirements of European farmers.

TAFE at Agritechica 2025

Today, TAFE transitions from being a tractor manufacturer to a complete farm-solutions business, with a vision to become a global leader in the sub-100 horsepower tractor segment. The company is making significant investments in precision AgTech, automation, and alternate-energy platforms to empower farmers across global markets.

Dr. Lakshmi Venu, Vice Chairman – TAFE, said, “For over 65 years, TAFE has built a strong reputation for engineering excellence, reliability, and quality, earning the trust of customers worldwide. As one of the world’s largest tractor manufacturer’s with a presence across 80 countries, we continue to innovate with the world, for the world, delivering advanced and dependable solutions for farmers across the globe.”

Mallika Srinivasan, Chairman and Managing Director, TAFE, emphasizing TAFE’s global strategy said, “TAFE aspires for global leadership in the sub-100 HP segment, the largest volume category in the world. Building a strong global presence is part of TAFE’s larger vision of offering smart, accessible, and sustainable mechanization solutions to farmers worldwide, in line with our philosophy of ‘Cultivating the World.’ TAFE has made significant investments in precision AgTech, smart farming, automation, electrification, and alternate energy technologies, while actively collaborating with start-up and academic ecosystems to develop future-ready products and farm solutions.”

Hybrid Tractors
The TAFE EVX75 represents a breakthrough in hybrid technology, combining a 75 HP hybrid powertrain with an EU Stage V diesel engine and a 400 V electric battery system. This dual powertrain enables the tractor to operate in zero-emission electric mode and hybrid mode for high-demand fieldwork, offering flexibility, fuel efficiency, and environmental responsibility. The EVX75 achieves lower emissions and operating costs while setting a new benchmark for performance and sustainability in global farming.

Its liquid-cooled high-voltage system ensures reliable operation, while the 3-speed transmission allows speeds of up to 40 km/h. Designed for comfort and control, the EVX75 features a full HVAC cab, electro-hydraulic rear lift, and independent PTO. With high-flow hydraulics and automation-ready technology, it’s ideal for efficient, eco-friendly work in any environment.

TAFE Terra 2.0 
Integrates TAFE’s vision-based guidance system Terra Vista into the unified digital platform that offers affordable, scalable and adaptable Agri-tech solutions.

Utility Series
The TAFE 1015 marks TAFE’s entry into the 100 + HP category. Equipped with a 103 HP EU Stage V engine, 30 F + 15 R Power Shuttle transmission, and a 4000 kg lift capacity, it is built for heavy-duty operations. Its premium climate-controlled cabin ensures superior operator comfort and productivity during long working hours.

Compact Series
The all-new TAFE 6065 Series combines agility with efficiency. Powered by a 65 HP Stage V engine and available with hydrostatic or mechanical shuttle transmission options, its lightweight chassis minimizes soil compaction while offering excellent manoeuvrability for orchards, vineyards, and municipal operations. The tractor comes equipped with a full frame cabin with variant is also available in category IV. 

Fruit and Orchard Series
The TAFE 7515 GE is a low-profile, narrow-track tractor designed for vineyards, fruit farms, and hilly terrains. Its 74 HP Stage V engine, optimized ground clearance, and tight turning radius make it ideal for operations in confined spaces and under canopies.

Through its latest innovations, TAFE Tractors continues to strengthen its vision of “Cultivating the World,” empowering farmers with reliable, efficient, and sustainable farming solutions.

About TAFE 
TAFE Tractors, a brand of TAFE – Tractors and Farm Equipment Limited, was founded in 1960 in Chennai, India. The company sells more than 200,000 tractors annually across domestic and international markets and offers a wide range from 20 to 110 horsepower, used by over three million farmers worldwide. TAFE has a strong global presence across Asia, Africa, Europe, and the Americas. In 2023, TAFE entered the European market with EU Stage V, electric, and concept hydrogen tractors, establishing a growing network of more than 200 dealerships across over 20 countries.

Simta Astrix the Best Brand in Doors and Windows at the ET Now InfraFocus Awards

From day one, Simta Astrix has built its reputation on disciplined manufacturing, reliable supply, and products that deliver long-term value. This award is a public validation of that approach. It signals to customers and partners that when they choose Simta Astrix, they are choosing a brand that treats quality as a commitment, not a claim. Being recognised by such a prestigious platform underscores why Simta Astrix is widely regarded as the best brand in doors and windows: consistent quality, thoughtful design, and an ecosystem that supports projects of every scale.

Speaking on the win, Sampath Kumar, Managing Director, Simta Astrix, said, “This award is not only for the company, but for every member of our team. It gives big motivation to keep raising the standard, to keep working with discipline, and to deliver products our customers can trust. Recognition like this gives strength to the team, and we accept this award with gratitude, and we promise to keep building better and to keep delivering value.”

Built for India’s pace of growth
Simta Astrix’s portfolio spans high-performance uPVC doors and windows, premium ABS doors, steel doors, aluminium windows & Doors, and uPVC modular interior profiles—solutions engineered for Indian climates and usage patterns. German-technology extrusion lines and rigorous quality controls keep tolerances tight and performance predictable. With 500+ fabrication partners and pan-India warehousing, Simta Astrix is able to support complex timelines without cutting corners. This is another reason customers and specifiers recognise it as the best brand in doors and windows.

At the Summit, Mr. Sampath Kumar had the opportunity to join a panel that discussed how digitisation is shaping modern manufacturing. For him, technology is valuable only when it improves reliability for the customer. When systems like PLC and SCADA bring precision to production, or when BIM and 3D models help visualise better, the result is clear - less guesswork, more accuracy. But technology alone doesn’t guarantee excellence. What truly matters is the discipline to use it—consistently, project after project. 

For Simta Astrix, this award is both a celebration and a responsibility. It validates a way of working that puts customers first, and it sets a higher bar for what comes next. The company will continue to invest in people, processes, and platforms to keep products future-ready and service seamless. That is the promise behind the title: the Best Brand in the Construction & Infrastructure Industry, in Doors & Windows—and the promise that has earned Simta Astrix a reputation as the best brand in doors and windows in India.

About Simta Astrix
Established in 2013 as a division of the Simta Group (founded in 1991), Simta Astrix is a leading Indian manufacturer of high-performance doors and windows. With German-technology extrusion, disciplined quality systems, and a nationwide partner network, Simta Astrix delivers durable, design-forward solutions for residential, commercial, and institutional spaces.

Roshni Renewable LLP announces Punjab’s first giga-scale solar module manufacturing plant by leaders from Valco Industries Ltd. and Solidus Techno Power Pvt. Ltd.

With an initial production capacity of 1.8 GW, the project represents a major step forward in boosting both Punjab’s industrial ecosystem and India’s renewable energy sector. The fully automated and state of art production facility will adhere to global production standards, generate substantial employment opportunities, and contribute to sustainable regional growth.

The manufacturing line will be established in collaboration with Jinchen, India’s most trusted supplier of solar module manufacturing lines. The strategic partnership was formalized during the Renewable Energy India (REI) Expo.

“We are proud to bring Punjab’s first solar manufacturing line in partnership with Jinchen,” said Mr. Ajay Gupta, representing Roshni Renewable. “This initiative not only supports India’s clean energy mission but also strengthens Punjab’s industrial future by creating quality employment opportunities and advancing renewable energy manufacturing capabilities.”

Aligned with the Government of India’s “Make in India” initiative, this project will significantly reduce dependence on imported solar components and help position India as a self-reliant clean energy supplier.

Roshni Renewable LLP is committed to fostering the growth of the renewable energy sector and driving India’s journey toward sustainable, self-sufficient power generation.

Tetra Pak launches Tetra Pak Factory OS to make factories AI-ready

A recent comparative study shows that highly automated beverage factories achieve 20% higher overall equipment effectiveness, 45% lower product waste and 20% fewer packaging line stops compared to less automated facilities. Yet, many producers struggle to adopt automation due to limited digital expertise and difficulty of finding a holistic end-to-end solution providers with industry expertise. Tetra Pak Factory OS™ bridges this gap, by combining advanced technologies with deep food and beverage know-how to help producers tackle cost pressures, meet sustainability goals, and prepare for AI-driven manufacturing.

At the heart of the next-generation portfolio is a new data integration platform, powered by open technologies, powerful analytics and industry standards. It connects equipment and systems throughout the factory, transforming fragmented data into one unified, real-time view. This can empower food and beverage producers to deliver consistent product quality, enhance efficiency, reduce utility usage, and lower total cost of ownership (TCO).

Sean Sims, Vice President, Automation & Solutions at Tetra Pak comments, “Today, food and beverage producers are under enormous pressure. They must deliver more with fewer resources – less water, less energy, less waste – all while maintaining quality and reducing costs." 

“Our next-generation portfolio transforms complexity into clarity. By combining contextualised data – the foundation of effective AI adoption – with high performing equipment automation, Tetra Pak Factory OS gives food and beverage producers the confidence to act decisively in an increasingly volatile market.”

Charles Brand, Executive Vice President, Processing Solutions & Equipment at Tetra Pak, adds, “Tetra Pak Factory OS ️is more than a technology portfolio – it embodies our vision for the future of food and beverage manufacturing. Designed for the next decade and beyond, it enables producers to build the factory of the future, where resilience, efficiency and sustainability go hand in hand.” 

Designed for flexibility and scalability, Tetra Pak Factory OS allows F&B producers to adopt automation and digitalisation at their own pace: starting small, scaling up, and tailoring solutions to their unique requirements.

Tetra Pak Factory OS standardises data collection across all equipment, regardless of age or supplier, ensuring full compatibility and scalability. Other key features include a unified user experience that enables seamless interaction across lines, equipment and control rooms; a suite of digital applications for real-time monitoring of materials, quality, production and asset performance; and enterprise-level insights powered by contextualised, factory-wide integration.

Developed in collaboration with Accenture, the portfolio is supported by a robust ecosystem including Siemens, Rockwell Automation and Inductive Automation - but it’s Tetra Pak’s deep food production expertise that ensures these technologies deliver real impact for food producers.

Tetra Pak Factory OS is available globally and will be showcased at Gulfood Manufacturing, Dubai, 4-6 November. To learn more about how Tetra Pak is building the factories of the future, visit www.tetrapak.com/FutureFactory.

About Tetra Pak
We’re here to make food safe and available. It’s why we provide advanced food production systems. In collaboration with our customers and suppliers, driven by more than 24,000 dedicated employees worldwide, we protect food sustainably every day for hundreds of millions of people in more than 160 countries. Because we’re here to fulfil a purpose:

We commit to making food safe and available, everywhere, and we promise to protect what’s good: food, people and the planet. 

More information about Tetra Pak is available at tetrapak.com.

¹ Tetra Pak comparative study: How automation improves efficiency, quality and waste www.tetrapak.com/content/dam/tetrapak/media-box/global/en/gated/automation/automation-digital-products/automation-digital-solutions/documents/comperative-study-improvements-through-automation-v2.pdf 

² www.mckinsey.com/industries/industrials-and-electronics/our-insights/unlocking-the-industrial-potential-of-robotics-and-automation#/

³ Consistent product quality and enhance efficiency: Tetra Pak Comparative study: How automation improves efficiency, quality and waste [www.tetrapak.com/content/dam/tetrapak/media-box/global/en/gated/automation/automation-digital-products/automation-digital-solutions/documents/comperative-study-improvements-through-automation-v2.pdf]

Reduced utilities usage and lower total cost of ownership: www.tetrapak.com/insights/cases-articles/future-of-dairy-production

Ms Usha Subramaniam, Country President, Grundfos India
 

A global benchmark for organisations that go beyond compliance, TRUE enables the adoption of holistic, resource-efficient waste management practices. Accorded by Green Business Certification Inc.(GBCI), the exclusive certification and credentialing body within the green business and sustainability industry, the TRUE framework guides organisations to implement best practices that reduce environmental impact, manage risks, reinvest resources, and create long-term business value.
 

The first among Grundfos’ global facilities to earn this award, our pump manufacturing site in Chennai, was evaluated across multiple areas, addressing sustainability practices in different functions such as packaging, environment, health and safety, supplier management (both direct and indirect), and landscape maintenance. Impactful efforts that have paved the way to this achievement include:
 

• Optimised product design: To minimise resource consumption and waste generation, especially in engineered-to-order pumps and systems.

• Implementation of sustainable procurement: Focusing on minimising environmental impact and waste generation from the sourcing stage itself.

• Close supplier collaboration: Optimising packaging materials received from suppliers and promoting pallet reuse across global and local operations for upstream management.

• Holistic policies and practices: Extending zero-waste practices beyond the organisation’s boundaries.

• Strong employee involvement: Establishing training programs and kaizen⁽¹⁾ initiatives that foster a culture of sustainability from the ground up.
   

With these successful initiatives in place, Grundfos India has achieved an impressive 98.2% diversion of waste from landfills, encompassing a wide range of materials, including wood, metal, plastic, e-waste, corrugated paper, as well as waste from landscaping activities and food residue.
 

A promising step in Grundfos’ ongoing green journey

This newest milestone is a testament to Grundfos’ commitment to shaping a greener future, building on the company’s pioneering achievements in India. In 2005, Grundfos India became the country’s first commercial Gold-rated green building certified by the U.S. Green Building Council (USGBC). Today, our entire facility holds LEED Platinum certification, and in 2024, we further advanced this journey by achieving the prestigious LEED Zero Water certification - reaffirming our dedication to sustainable practices and responsible water stewardship.
 

Usha Subramaniam, Country President, Grundfos India, said, “Grundfos India has consistently set the standard for sustainability in the industry. This recognition reaffirms our leadership and our relentless pursuit of impact through innovation and responsibility. It is an indication of what is possible when sustainability becomes a shared mission throughout the organisation.”
 

With TRUE Platinum certification, Grundfos reinforces its leadership in resource efficiency, environmental responsibility, and sustainable manufacturing – advancing a future where waste is transformed into value and sustainability is a way of life.

About Grundfos

Grundfos pioneers solutions to the world’s water and climate challenges and improves the quality of life for people. As a leading global pump and water solutions company, we promise to respect, protect, and advance the flow of water by providing energy and water efficient solutions and systems for a wide range of applications for water utilities, industries and buildings.

For more information, please visit Grundfos.com.

⁽¹⁾ Kaizen is a Japanese philosophy for achieving continuous improvements.