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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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SIAM Conclave Highlights Push for Sustainable Logistics in Indian Auto Sector
July 18, 2025
Senior Railway Board official Hitendra Malhotra announced the introduction of specialised, higher-capacity railway wagons, including double-deck options tailored for SUVs, supporting increased vehicle transport needs.
MT Bureau
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Henkel India Launches First Mid-Haul Re-Powered Electric Truck Operations
July 18, 2025
The trucks, which have been converted from diesel to electric through the installation of a full electric powertrain kit, boast a 250km driving range on a single charge and support payloads of up to 8 tonnes.
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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BatX Energies, Germany’s Rocklink To Establish Integrated Rare Earth Magnet Recycling & Refining Ecosystem In India
July 18, 2025
The partnership will also jointly develop and commercialise advanced solvent extraction (SX) technologies to efficiently separate and purify high-value rare earth elements such as Neodymium, Praseodymium, Dysprosium, Terbium, Gadolinium and Holmium.
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
