Symplast Group To Invest Rs700 Million In Yamuna Region

25 Feb 2026 CW Team

The total investment includes 50 per cent foreign direct investment and is expected to increase foreign capital inflows into the state while contributing to export capacity and foreign exchange earnings. The initiative will be presented as strengthening India–Italy industrial cooperation and is intended to support the development of the Yamuna region as a global manufacturing hub. The project aligns with the Make in India strategy and aims to produce for domestic and international markets.

The company anticipates creating direct employment opportunities for skilled, semi-skilled and unskilled workers and significant indirect employment through suppliers, logistics, transportation and local businesses. The establishment of modern production systems will be accompanied by training of the local workforce to international standards, which is intended to raise skills in ancillary industries and micro, small and medium enterprises. Adoption of European manufacturing technology and compliance with international quality control standards are expected to boost competitiveness across supply chains.

This is expected to strengthen the regional industrial ecosystem and to boost ancillary industries, MSME units and local supply networks. YEIDA is positioned to provide land allotment and regulatory facilitation that will help the project establish operations and integrate with nearby industrial clusters. The decision by a European manufacturer to set up a specialised unit in Uttar Pradesh reflects ongoing efforts by state authorities to attract global firms and expand manufacturing capacity.

Symplast Group, an Italy-based global company, will invest Rs700 million (mn) to establish a manufacturing unit for advanced plastics and rotational moulding products in the Yamuna region of Uttar Pradesh. The project will be located in the Yamuna Expressway Industrial Development Authority (YEIDA) region and the authority issued a letter of intent for allocation of three acres of land. YEIDA's chief executive handed over the letter to company representatives, formalising the allocation and enabling the group to proceed with site development and approvals. The total investment includes 50 per cent foreign direct investment and is expected to increase foreign capital inflows into the state while contributing to export capacity and foreign exchange earnings. The initiative will be presented as strengthening India–Italy industrial cooperation and is intended to support the development of the Yamuna region as a global manufacturing hub. The project aligns with the Make in India strategy and aims to produce for domestic and international markets. The company anticipates creating direct employment opportunities for skilled, semi-skilled and unskilled workers and significant indirect employment through suppliers, logistics, transportation and local businesses. The establishment of modern production systems will be accompanied by training of the local workforce to international standards, which is intended to raise skills in ancillary industries and micro, small and medium enterprises. Adoption of European manufacturing technology and compliance with international quality control standards are expected to boost competitiveness across supply chains. This is expected to strengthen the regional industrial ecosystem and to boost ancillary industries, MSME units and local supply networks. YEIDA is positioned to provide land allotment and regulatory facilitation that will help the project establish operations and integrate with nearby industrial clusters. The decision by a European manufacturer to set up a specialised unit in Uttar Pradesh reflects ongoing efforts by state authorities to attract global firms and expand manufacturing capacity.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Infrastructure Energy

04 May 2026

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Infrastructure Urban

04 May 2026

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..