MMRDA to lease three BKC plots in Mumbai, raising Rs 6.56 billion
Ramkrishna Forgings Sets Rs 20 Billion Wheel Plant in Chennai
Ramkrishna Forgings plans to enter the forged wheel market and is building a manufacturing facility in Chennai with an annual capacity of 228,000 wheels. Managing Director Naresh Jalan told PTI that the project will cost about Rs 20 billion, funded through a mix of debt and equity.The company expects to begin production with roughly 40,000 wheels in FY27 and ramp up to 100,000 wheels in FY28. Jalan said this single vertical could become one of the firm’s most powerful growth engines, generating multi billion rupee revenues.A Ramkrishna Forgings–Titagarh Rail Systems consortiu..
Tata Gets Land for Staff Housing at Dholera Semiconductor Site
As Tata Electronics Pvt Ltd’s (TEPL) first semiconductor fabrication plant takes shape in the Dholera Special Investment Region (SIR), the Gujarat government has allotted 10 acres of land to the Tata Group for constructing residential apartments for its workforce. Dholera SIR, a greenfield smart city project about 110 km from Ahmedabad, is being developed with a strong focus on integrated social infrastructure.According to Mona Khandhar, Principal Secretary, Science and Technology Department, Government of Gujarat, “The government has given 10 acres to Tata Group for developing their own h..
ZF India Appoints Paramjit Chadha as New MD
ZF Commercial Vehicle Control Systems India Ltd has appointed Paramjit Singh Chadha as its new Managing Director. With a career spanning nearly four decades in the automotive industry, Chadha brings deep sectoral knowledge and leadership experience to his new role.He began his professional journey with Maruti Suzuki and has since held senior roles in several leading automotive and component firms, including Kalyani Brakes, Bosch Chassis Systems, Continental Brakes, and Knorr-Bremse. His core expertise lies in safety-critical vehicle components, particularly brake systems, across various segmen..
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