Logistics and Industrial Leasing Surpasses 50M Sq Ft Milestone

Minda, Toyodenso Form JV for Auto Switches in India

Minda Corporation Limited has signed a joint venture agreement with Japan’s Toyodenso Co. to manufacture automotive switches for the Indian market. The partnership features a 60:40 shareholding structure, with Minda Corporation holding the majority stake.The new venture will design, develop, manufacture, and market automotive switches for two-wheelers, passenger vehicles, and other segments. A greenfield manufacturing facility will be set up in Noida, Uttar Pradesh, and is expected to commence operations in the second half of financial year 2026–27.According to the announcement made on 11 ..

Chennai Airport Contractor Must Be Appointed via Tender: HC

The Madras High Court has directed that any new ground handling contractor appointed at Chennai International Airport must be selected through a transparent public tender process. The ruling comes amid legal proceedings related to the Airports Authority of India’s (AAI) cancellation of its agreement with Celebi Ground Services Chennai Pvt. Ltd.The court specified that the tender must explicitly state that the final appointment of a contractor will be subject to the outcome of cases pending before both the Madras and Delhi High Courts. These proceedings concern the revocation of Celebi’s se..

India Unveils First Locally Made Runway Cleaning System

In a significant step forward for the Government of India’s ‘Make in India’ campaign, the country’s first indigenously developed airport runway rubber and paint removal system, named CleanJet, has been launched. The advanced equipment, built by Bengaluru-based MSME Anlon Technology Solutions Limited, marks India’s entry into manufacturing this highly specialised aviation technology.Union Minister of State for Micro, Small and Medium Enterprises, Shobha Karandlaje, unveiled the system, which is officially called the Runway Rubber and Paint Removal Equipment System (RRPRES). The system..