Motherson, Sanko Form Joint Ventures for Sustainable Packaging

10 Feb 2025 CW Team

Samvardhana Motherson International Ltd. has partnered with Japan’s Sanko Co. Ltd. to develop sustainable packaging solutions in India and Europe. The joint ventures will operate through subsidiaries in India and Hungary, aiming to enhance material handling efficiency and cost-effective logistics.

Motherson’s subsidiary SMGCL will hold a 51% stake in the Indian venture, while SMRC Automotive Holdings Netherlands will control 51% of the Hungarian unit. Sanko will own the remaining 49% in both. The Indian unit starts with an initial capital of Rs 500,000, while the Hungarian venture begins with €10,000.

Sanko, a leader in plastic material handling solutions, brings decades of experience in reusable and recyclable packaging. Motherson Chairman Vivek Chaand Sehgal emphasized that treating packaging as an engineered solution can drive efficiency and sustainability. Sanko President Toshihiko Goto highlighted the potential for global scalability, leveraging Motherson’s presence in 44 countries.

Expanding beyond the auto sector, Motherson continues to grow in technology, healthcare, and aerospace. The new ventures aim to offer eco-friendly material handling solutions, optimize logistics, and enhance supply chain efficiency.

Infrastructure Energy

17 Sep 2025

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..

NTPC Plans Nuclear Power Projects Via JV and Standalone Routes

Power major NTPC is planning to develop nuclear power projects both through joint ventures and on a standalone basis, CMD Gurdeep Singh has said.The company is collaborating with nuclear technology providers and state governments to explore individual nuclear projects, Singh added.Currently, the NTPC Group has an installed capacity of 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary stations, drawing power from coal, liquid fuel, hydro, and solar sources.In December 2024, Singh had announced NTPC’s ambitious plan to enter the nuclear energy sector, a move expected t..

RVNL Wins $21.6 Million Bhopal Division Traction Substation

Rail Vikas Nigam (RVNL) has been declared the lowest bidder for a $21.6 million traction substation contract awarded by the West Central Railway.The project covers the design, modification, supply, erection, testing, and commissioning of a 220/132kV/2×25kV Scott-connected traction substation, switching posts, Auto-Transformer installations, and Supervisory Control and Data Acquisition (SCADA) systems in the Bina–RTA section of the Bhopal Division. The execution period is set at 540 days.In a regulatory filing, RVNL stated that the order was secured in the ordinary course of business and doe..