Tube Investments to Acquire Majority Stake in KCAL India for INR 62 Crore
The acquisition of Kcaltech System India Private Limited (KCAL India), a subsidiary of South Korea’s KC Altech Company Limited, will enhance the presence of TII, a Murugappa Group firm, in the HVAC market. Nov 29, 2024 Murugappa Group’s Tube Investments of India Limited has signed an executive agreement to acquire a 67 percent equity stake […]
Jindal India Plans to Expand Production Capacity with INR 1,500 Crore Investment
Jindal India announced a capex spend of over INR 1,500 crore to effect a strategic capacity expansion of 0.6 million MT, a 60 percent increase from its current capacity of 1 million metric tonne per annum. Nov 5, 2024 Jindal India announced its plans to invest INR 1,500 crore to increase its annual production capacity […]
