Marquardt Opens New Production Plant in Talegaon

07 Mar 2025 CW Team

Marquardt has inaugurated its new production plant in Talegaon, replacing its previous site in Mumbai. The Rs 1.8 billion investment expands its capacity to manufacture mechatronic system solutions for India’s automotive sector.

""India is an important growth market for Marquardt with great potential. We work closely with leading vehicle manufacturers here and utilize the innovative strength and expertise of our Indian team,"" said Björn Twiehaus, CEO of the Marquardt Group.

The facility aligns with “Make in India”, enhancing local production, fostering innovation, and creating 300 new jobs by 2030. Vishal Narvekar, General Manager of Marquardt India, added, ""Our strong and long-standing relationships with customers in the Indian automotive industry have been instrumental in our growth. With this expansion, we reaffirm our commitment to delivering world-class mechatronic solutions tailored to the needs of our local partners.""

With state-of-the-art assembly lines and in-house electronics production, the plant will streamline supply chains, reduce response times, and improve flexibility. Dr. Harald Marquardt, board member, emphasized, ""The high level of innovation, efficiency, and commitment of our Indian experts are groundbreaking. With this new plant, we are underlining our long-term commitment to our customers in India and worldwide.""

The inauguration ceremony, attended by leading car manufacturers and policymakers, celebrated the plant’s role in advancing India’s automotive industry and strengthening Marquardt’s global footprint. The company also operates a development centre in Pune with over 450 employees working on local and international projects."

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..