Kranti Industries, Kores Form JV For Precision Machining Unit

08 Oct 2025 CW Team

Kranti Industries Limited, a leading BSE-listed auto component and precision engineering firm, has announced a strategic joint venture with Kores Group to establish a state-of-the-art greenfield precision machining facility at Halol, Gujarat. The new entity, KRAKO Precision Private Limited, marks a major milestone in Kranti’s journey of expansion, diversification, and manufacturing excellence.

The collaboration aims to combine the strengths of both companies in precision engineering, operational efficiency, and innovation to cater to the evolving demands of domestic and global customers.

Key Details of the Joint Venture:

Location: Halol, Gujarat – a key industrial hub with advanced manufacturing infrastructure.
Equity Structure: Kranti Industries Limited – 35 per cent; Kores Group – 65 per cent.
Focus: Machining of critical casting components for automotive and engineering applications.
Objective: To integrate technical expertise, operational excellence, and innovation to deliver superior engineering
solutions and generate sustainable stakeholder value.

Commenting on the development, Mr. Sachin Subhash Vora, Chairman and Managing Director of Kranti Industries, said,

“This partnership with Kores Group is a defining step in our growth journey. It aligns with our strategy to expand capabilities, enter high-value machining domains, and foster innovation through collaboration. By combining Kranti’s precision machining expertise with Kores Group’s robust industrial ecosystem, we aim to set new benchmarks in efficiency, quality, and customer value creation.”

He further added that the joint venture reinforces Kranti’s commitment to operational excellence and sustainable growth as part of its Vision 2030, which aims to establish the company as a globally recognised solutions provider built on integrity, precision, and trust.

Infrastructure Transport

08 Oct 2025

GMLR’s First Flyover To Open By May 2026, Says BMC

The Brihanmumbai Municipal Corporation (BMC) has announced that the first flyover of the Goregaon–Mulund Link Road (GMLR) project will be ready for use by May 2026.The GMLR, one of Mumbai’s most ambitious infrastructure ventures, involves a 12.2-kilometre corridor comprising tunnels, flyovers, and interchanges, built at an estimated cost of Rs 140 billion. The project aims to provide a seamless connection between Mumbai’s western and eastern suburbs, drastically reducing travel time and congestion.The first phase features a 1.2-kilometre flyover, beginning near Dindoshi Court and extendi..

Assam Awaits Nod For Rs 60 Billion Brahmaputra Tunnel

Assam’s ambitious Rs 60 billion underwater tunnel project, India’s first to be built beneath a major river, is awaiting Union Cabinet approval, according to a report by The Times of India. The proposed tunnel will connect Numaligarh and Gohpur under the Brahmaputra River, significantly improving road connectivity and strengthening strategic infrastructure near Arunachal Pradesh, which borders China.Estimated to take five years to complete, the project marks a major milestone in India’s transport and defence infrastructure planning. “The Detailed Project Report (DPR) is ready and will s..

Kochi Set To Commission South India’s First Hydrogen Station

Kerala is gearing up to embrace the fuel of the future — green hydrogen, with South India’s first green hydrogen plant and refuelling station nearing commissioning on the Cochin International Airport (CIAL) premises. The project marks a major milestone in India’s clean energy transition and could soon power the Kochi Water Metro and selected e-feeder services of the Kochi Metro.The project is being implemented by Bharat Petroleum Corporation Limited (BPCL) in collaboration with CIAL, featuring a 1,000-kilowatt facility at Nedumbassery. BPCL has also finalised plans for a second hydrogen ..