Nov 05, 2021 Motherson Sumi forays into Aerospace; acquires majority stake in CIM Tools Auto component major Motherson Sumi Systems Ltd has acquired a majority stake in the Bengaluru-based CIM Tools Pvt Ltd, one of the leading suppliers in the aerospace supply chain. This acquisition will mark MSSL’s entry into the aerospace industry. MSSL will acquire 55% stake from the promoters of CIM Tools.
Aug 20, 2021 Raghu Vamsi to set up $15 mn facility for Boeing requirements The Hyderabad-based aerospace components maker has won a contract from Boeing to manufacture and supply precision components, and is setting up a dedicated facility for the purpose with an investment of $15 million. The facility will employ more than 300 people over the next three years.
Apr 05, 2021 United Drilling Unit in Gujarat The firm plans to set up a new manufacturing plant near Gujarat’s Mundra Port, spread over 35 acres with an initial capital outlay of Rs. 15 crore, proposed to be entirely funded through internal accruals. The unit would be developing latest designed products.
Jul 05, 2020 Zecha Precision Tools Ltd. Industrial Entrepreneurs Memorandum (IEM) was filed with Department of Industrial Policy & Promotion on 11/03/2020 Interchangeable Tools For Machine Tools- Tungsten Carbide Cutting Tools.
Sep 05, 2019 Savera Precision Engineering Pvt.Ltd Industrial Entrepreneurs Memorandum (IEM) was filed with Department of Industrial Policy & Promotion on 06/03/2019 for the manufacturing of tools usded in sheet metal work.
Apr 01, 2018 Precision tools manufacturing capacity expansion at Jamshedpur Plans to increase production by three times within the next three years. The company manufactures more than 2,000 items of very high precision tools such as carbide and ceramic inserts, which are used in automobile, engineering, defense, aerospace industr
Jul 15, 2017 JV to develop 5 Star Hotel The company is entering into a Joint Venture with Deutche Hospitality for development of 5 Star Hotel Projects in India and abroad.
Mar 15, 2016 Gleason Works India Pvt Ltd Industrial Entrepreneurs Memorandum (IEM) was filed with Department of Industrial Policy & Promotion on 20/01/2016 for the manufacture of metal-forming machinery and machine tools n. e. c.
Aug 15, 2015 NHIDCL proposes to award 27 projects The Minister of State for Road Transport & Highways, Pon. Radhakrishnan has informed the upper house recently about the works undertaken by NHIDCL. During the Financial Year 2014-15, NHIDCL entered into tripartite agreements between NHIDCL, Ministry of Road Transport & Highways and Contractors; in respect of eighteen projects covering 597 km to be completed in the North-Eastern States at the cost of Rs.6,446 Crore