Aliaxis India to Invest Rs 4 Bn in New Plants in Chennai and Hyderabad

13 Mar 2025 CW Team

Belgium-based Aliaxis’ Indian subsidiary, Ashirvad Pipes, is set to invest Rs 4 billion in establishing two new greenfield manufacturing facilities in Chennai and Hyderabad by FY27. This expansion is part of the company’s strategy to enhance its production capacity and strengthen its presence in India’s Rs 800 billion pipes, fittings, and water tanks industry.

Ashirvad Pipes currently holds a 12 per cent share in the organised sector and has a strong foothold in South India, where it commands a 50 per cent market share. With the planned expansion, the company aims to increase its national market share to 18 per cent by FY27.

The company is also targeting significant revenue growth, projecting an increase from Rs 65 billion in FY24 to Rs 90 billion by FY27. A key player in the CPVC pipes and water tanks segment, nearly half of its revenue is generated from CPVC products.

In addition to its expansion plans, Ashirvad Pipes has entered into a partnership with Jadavpur University to support research in new molecule development. Currently, India accounts for 17 of Aliaxis’ global revenue, highlighting the country’s importance in the company’s overall growth strategy.

News source: Newsonprojects

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..