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AIFI And BEE Join Forces To Drive Energy Efficiency In India's Forging Sector
July 23, 2025
The Association of Indian Forging Industry (AIFI) has entered a strategic partnership with the Bureau of Energy Efficiency (BEE) under the Ministry of Power through a landmark MoU. Signed in the presence of Union Minister Manohar Lal, this collaboration a
MT Bureau
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Sona Comstar Enters Joint Venture with Jinnaite Machinery in China
July 20, 2025
Under the agreement, Sona Comstar will invest USD 12 million, taking a 60 percent stake in the joint venture, while JNT will contribute USD 8 million in assets and business, holding the remaining 40 percent share.
MT Bureau
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Padmanabh Sinha Joins Varroc’s Board As Independent Director
July 18, 2025
At present, Sinha serves as the Managing Partner and Co-founder of LaunchBay Capital, a recently established growth-stage private equity platform focused on mid-market, India-headquartered businesses across the Consumer, Healthcare, Industrials, Financial
MT Bureau
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Pricol Partners Italy’s Domino To Expand Two-Wheeler Component Offerings
July 18, 2025
As per the understanding, Domino will share its expertise in motorcycle control systems for throttles, switches, and allied products, while Pricol will bring its robust manufacturing and customer network to develop and scale new generation of products tai
MT Bureau
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Tata AutoComp, Skoda Group Join Forces To Manufacture Railway Components In India
July 09, 2025
With a multi-million euro investment, the new company will focus on manufacturing converters, drives and auxiliary converters for medium high-speed and regional trains, metros and light rail vehicles.
MT Bureau
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Indian Auto Market Continues To Stand Tall Believes ACMA
July 08, 2025
As per the data, the industry grew at a CAGR of 14 percent from FY2020 to FY2025, which translates to almost doubling the size in the past five-year period.
MT Bureau