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	<description>INDUSTRY INSIGHTS</description>
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	<itunes:explicit>no</itunes:explicit><copyright>&lt;meta name="follow.it-verification-code" content="1jqrkHKMCn1ZqmxBNWhY"/&gt;</copyright><itunes:subtitle>INDUSTRY INSIGHTS</itunes:subtitle><item>
		<title>BIADS India Private Limited Opens Greenfield Braking Systems Plant in Shoolagiri</title>
		<link>https://machinist.in/2026/03/biads-india-private-limited-opens-greenfield-braking-systems-plant-in-shoolagiri/</link>
		
		<dc:creator><![CDATA[Sudarshan Raghu]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 17:48:47 +0000</pubDate>
				<category><![CDATA[Auto Component]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[japan]]></category>
		<category><![CDATA[tamil nadu]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8913</guid>

					<description><![CDATA[BIADS India Private Limited, a joint venture between Brakes India Private Limited and ADVICS Company Limited, inaugurated its new greenfield manufacturing facility in Shoolagiri, near Hosur, Tamil Nadu. The facility will focus on the production of advanced braking solutions, including electronic stability control (ESC) and other brake control products, for the Indian light vehicle market. [&#8230;]]]></description>
		
		
		
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		<title>Setco Automotive completes acquisition of Lava Cast, making it wholly owned subsidiary</title>
		<link>https://machinist.in/2026/03/setco-automotive-completes-acquisition-of-lava-cast-making-it-wholly-owned-subsidiary/</link>
		
		<dc:creator><![CDATA[Eashan Kumar]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 15:06:55 +0000</pubDate>
				<category><![CDATA[Auto Component]]></category>
		<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8910</guid>

					<description><![CDATA[Setco Automotive Limited approved a series of transactions on 20 March 2026 to acquire additional equity shares, non-convertible debentures, and assign inter-company loans related to Lava Cast Private Limited, resulting in the entity becoming a wholly owned subsidiary. This reflects a shift towards simplifying the group’s corporate structure rather than expanding operations. The company acquired [&#8230;]]]></description>
		
		
		
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		<title>Sona BLW Precision Forgings approves INR 622 million capex for gear production capacity expansion</title>
		<link>https://machinist.in/2026/03/sona-blw-precision-forgings-approves-inr-622-million-capex-for-gear-production-capacity-expansion/</link>
		
		<dc:creator><![CDATA[Wesley Joseph]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 14:53:52 +0000</pubDate>
				<category><![CDATA[Auto Component]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[forgings]]></category>
		<category><![CDATA[gears]]></category>
		<category><![CDATA[Gurugram]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8908</guid>

					<description><![CDATA[Sona BLW Precision Forgings Limited approved a capital expenditure of INR 622 million to expand gear production capacity in its driveline business at its board meeting held on 20 March 2026. The investment is intended to support increased output to meet potential customer demand. The company said in a stock exchange filing that the approved [&#8230;]]]></description>
		
		
		
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		<title>HMT Limited signs MoU with Rosatom Additive Technology to manufacture additive manufacturing equipment</title>
		<link>https://machinist.in/2026/03/hmt-limited-signs-mou-with-rosatom-additive-technology-to-manufacture-additive-manufacturing-equipment/</link>
		
		<dc:creator><![CDATA[Norwin Thomas]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 14:37:05 +0000</pubDate>
				<category><![CDATA[Machine Tool]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[3d printing]]></category>
		<category><![CDATA[russia]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8906</guid>

					<description><![CDATA[HMT Limited, a public sector enterprise under the Ministry of Heavy Industries, has signed a memorandum of understanding (MoU) with Rosatom Additive Technology (RosAT) of the Russian Federation to jointly manufacture additive technology machines. The agreement was signed on 17 March 2026 at the HMT Corporate Office in Bengaluru and focuses on developing domestic capabilities [&#8230;]]]></description>
		
		
		
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		<title>ARCI Establishes Pilot Plant for Nd-Fe-B Rare Earth Magnet Manufacturing in Hyderabad</title>
		<link>https://machinist.in/2026/03/arci-establishes-pilot-plant-for-nd-fe-b-rare-earth-magnet-manufacturing-in-hyderabad/</link>
		
		<dc:creator><![CDATA[Norwin Thomas]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 13:43:41 +0000</pubDate>
				<category><![CDATA[Industry]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[hyderabad]]></category>
		<category><![CDATA[magnets]]></category>
		<category><![CDATA[rare earth elements]]></category>
		<category><![CDATA[telangana]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8904</guid>

					<description><![CDATA[International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI) has established a pilot plant for the manufacture of neodymium-iron-boron (Nd-Fe-B) rare earth permanent magnets in Hyderabad. The facility is intended to support the development of domestic manufacturing capabilities for critical materials used in electric vehicles, renewable energy systems, electronics, and advanced manufacturing. According [&#8230;]]]></description>
		
		
		
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		<title>Tata Steel commissions scrap-based electric arc furnace facility in Ludhiana</title>
		<link>https://machinist.in/2026/03/tata-steel-commissions-scrap-based-electric-arc-furnace-facility-in-ludhiana/</link>
		
		<dc:creator><![CDATA[Wesley Joseph]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 13:24:28 +0000</pubDate>
				<category><![CDATA[Metals & Materials]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[punjab]]></category>
		<category><![CDATA[scrap metal]]></category>
		<category><![CDATA[steel]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8902</guid>

					<description><![CDATA[Tata Steel Limited has inaugurated a scrap-based electric arc furnace (EAF) facility at Hi-Tech Valley in Ludhiana, with a production capacity of 0.75 million tonnes per annum. The plant, built with an investment of approximately INR 32 billion, is designed to produce construction-grade steel while reducing carbon emissions intensity. The facility is designed to achieve [&#8230;]]]></description>
		
		
		
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		<title>Government of India clears INR 336.6 billion scheme to develop 100 plug-and-play industrial parks</title>
		<link>https://machinist.in/2026/03/government-of-india-clears-inr-336-6-billion-scheme-to-develop-100-plug-and-play-industrial-parks/</link>
		
		<dc:creator><![CDATA[Sudarshan Raghu]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 13:07:20 +0000</pubDate>
				<category><![CDATA[Industry]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[incentives]]></category>
		<category><![CDATA[Policy]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8900</guid>

					<description><![CDATA[The Government of India has approved the Bharat Audyogik Vikas Yojna (BHAVYA), with an allocation of INR 336.6 billion to develop 100 plug-and-play industrial parks across the country. The scheme aims to strengthen industrial infrastructure and support manufacturing-led growth by enabling faster project implementation and reducing entry barriers for investors. In an official statement, the [&#8230;]]]></description>
		
		
		
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		<title>Aerpace Industries commissions Pune R&amp;D and manufacturing facility, solar panel production to begin in April 2026</title>
		<link>https://machinist.in/2026/03/aerpace-industries-commissions-pune-rd-and-manufacturing-facility-solar-panel-production-to-begin-in-april-2026/</link>
		
		<dc:creator><![CDATA[Sudarshan Raghu]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 07:54:59 +0000</pubDate>
				<category><![CDATA[Defence]]></category>
		<category><![CDATA[Energy & Power]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[maharashtra]]></category>
		<category><![CDATA[pune]]></category>
		<category><![CDATA[solar]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8898</guid>

					<description><![CDATA[Aerpace Industries Limited has commissioned its integrated research and development (R&#38;D) and manufacturing facility in the Chakan industrial region of Pune. The facility is intended to support the company’s renewable energy and defence manufacturing verticals. A soft launch event was conducted at the facility along with an all-employee strategic alignment session. The session included a [&#8230;]]]></description>
		
		
		
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		<title>Phillips Machine Tools India to Manufacture 2OneLab Laser Powder Bed Fusion Systems in Pune</title>
		<link>https://machinist.in/2026/03/phillips-machine-tools-india-to-manufacture-2onelab-laser-powder-bed-fusion-systems-in-pune/</link>
		
		<dc:creator><![CDATA[Eashan Kumar]]></dc:creator>
		<pubDate>Fri, 20 Mar 2026 07:21:05 +0000</pubDate>
				<category><![CDATA[Machine Tool]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[3d printing]]></category>
		<category><![CDATA[maharashtra]]></category>
		<category><![CDATA[pune]]></category>
		<category><![CDATA[usa]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8894</guid>

					<description><![CDATA[Phillips Machine Tools India Private Limited announced a strategic partnership with 2OneLab to manufacture Laser Powder Bed Fusion (LPBF) systems at its facility in Chakan, Pune. The partnership is intended to support the development of a domestic supply chain for advanced manufacturing technologies and expand access to additive manufacturing solutions across industries in India. “Additive [&#8230;]]]></description>
		
		
		
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		<title>Defence Ministry Launches 107 Innovation Challenges Under iDEX at National Defence Industries Conclave</title>
		<link>https://machinist.in/2026/03/defence-ministry-launches-107-innovation-challenges-under-idex-at-national-defence-conclave-2026/</link>
		
		<dc:creator><![CDATA[Sudarshan Raghu]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 18:39:53 +0000</pubDate>
				<category><![CDATA[Defence]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Policy]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8889</guid>

					<description><![CDATA[The Ministry of Defence launched 107 innovation challenges under the Innovations for Defence Excellence (iDEX) framework at the National Defence Industries Conclave held in New Delhi on 19 March 2026. The initiative is aimed at advancing domestic defence manufacturing capabilities and strengthening participation from start-ups and micro, small and medium enterprises (MSMEs). In an official [&#8230;]]]></description>
		
		
		
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		<title>Honda Motorcycle &amp; Scooter India to Add Production Line at Rajasthan Plant, Raising Capacity to 2.01 Million Units</title>
		<link>https://machinist.in/2026/03/honda-motorcycle-scooter-india-to-add-production-line-at-rajasthan-plant-raising-capacity-to-2-01-million-units/</link>
		
		<dc:creator><![CDATA[Norwin Thomas]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 14:59:30 +0000</pubDate>
				<category><![CDATA[Automotive]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[honda]]></category>
		<category><![CDATA[japan]]></category>
		<category><![CDATA[rajasthan]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8886</guid>

					<description><![CDATA[Honda Motorcycle &#38; Scooter India Pvt. Ltd. (HMSI) will add a third production line at its second manufacturing plant in Tapukara, Alwar district, Rajasthan, with operations scheduled to commence in 2028. The new line will have an annual production capacity of 670,000 units, increasing the total capacity of the plant to 2.01 million units. HMSI [&#8230;]]]></description>
		
		
		
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		<title>SSAB Inaugurates Steel Processing Facility in Taloja to Expand Value-Added Operations in India</title>
		<link>https://machinist.in/2026/03/ssab-inaugurates-steel-processing-facility-in-taloja-to-expand-value-added-operations-in-india/</link>
		
		<dc:creator><![CDATA[Wesley Joseph]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 14:43:38 +0000</pubDate>
				<category><![CDATA[Metals & Materials]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[maharashtra]]></category>
		<category><![CDATA[mumbai]]></category>
		<category><![CDATA[steel]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8884</guid>

					<description><![CDATA[SSAB inaugurated a steel processing facility in Taloja on 18 March, marking an expansion of its downstream operations in India. The unit is designed to support value-added processing of high-strength steel and supply ready-to-assemble components to domestic original equipment manufacturers (OEMs). The Taloja unit is structured as a downstream processing centre rather than a steel [&#8230;]]]></description>
		
		
		
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		<title>NTPC Limited Signs MoU with Octopus Energy Group for Power and Energy Collaboration</title>
		<link>https://machinist.in/2026/03/ntpc-limited-signs-mou-with-octopus-energy-group-for-power-and-energy-collaboration/</link>
		
		<dc:creator><![CDATA[Sudarshan Raghu]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 13:52:21 +0000</pubDate>
				<category><![CDATA[Energy & Power]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[uk]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8882</guid>

					<description><![CDATA[NTPC Limited signed a memorandum of understanding (MoU) with Octopus Energy Group on 19 March 2026 in New Delhi to explore collaboration across the power and energy sector. The agreement outlines a framework to identify and pursue opportunities in areas including electricity distribution, renewable energy, and digital energy platforms. The MoU establishes a non-binding framework [&#8230;]]]></description>
		
		
		
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		<title>Samvardhana Motherson International approves logistics joint venture with Hellmann in Dubai</title>
		<link>https://machinist.in/2026/03/samvardhana-motherson-international-approves-logistics-joint-venture-with-hellmann-in-dubai/</link>
		
		<dc:creator><![CDATA[Norwin Thomas]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 13:43:06 +0000</pubDate>
				<category><![CDATA[Logistics & Warehousing]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[dubai]]></category>
		<category><![CDATA[UAE]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8880</guid>

					<description><![CDATA[Samvardhana Motherson International Limited on 19 March 2026 approved the execution of a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited to establish a new logistics entity in Dubai, United Arab Emirates. The partnership is aimed at providing integrated supply chain services to the automotive sector and expanding logistics capabilities across global markets. [&#8230;]]]></description>
		
		
		
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		<title>Thermotech Research Laboratory Test Facility Opened in Neemrana to Support HVACR Certification and R&amp;D</title>
		<link>https://machinist.in/2026/03/thermotech-research-laboratory-test-facility-opened-in-neemrana-to-support-hvacr-certification-and-rd/</link>
		
		<dc:creator><![CDATA[Eashan Kumar]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 13:12:13 +0000</pubDate>
				<category><![CDATA[Industry]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[hvac]]></category>
		<category><![CDATA[rajasthan]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8877</guid>

					<description><![CDATA[Thermotech Research Laboratory (TRL) inaugurated a new test facility in Neemrana, India, aimed at strengthening third-party testing infrastructure for heating, ventilation, air conditioning, and refrigeration (HVACR) products. The facility is expected to support certification testing requirements across India and neighbouring markets while expanding research and development capabilities. The development follows a memorandum of understanding (MoU) [&#8230;]]]></description>
		
		
		
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		<title>Titagarh Rail Systems, BHEL Approve JV for Vande Bharat Sleeper Train Maintenance</title>
		<link>https://machinist.in/2026/03/titagarh-rail-systems-bhel-approve-jv-for-vande-bharat-sleeper-train-maintenance/</link>
		
		<dc:creator><![CDATA[Sudarshan Raghu]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 12:07:57 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Railways]]></category>
		<category><![CDATA[bhel]]></category>
		<category><![CDATA[vande bharat]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8875</guid>

					<description><![CDATA[Titagarh Rail Systems Limited and Bharat Heavy Electricals Limited (BHEL) have approved the formation of a joint venture to undertake maintenance of Vande Bharat sleeper trains. The approvals were granted separately by the boards of both companies on 19 March 2026. The company said in a stock exchange filing that the joint venture will be [&#8230;]]]></description>
		
		
		
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		<title>Oerlikon Expands Regrinding and Forming Tools Capabilities in Ahmedabad</title>
		<link>https://machinist.in/2026/03/oerlikon-expands-regrinding-and-forming-tools-capabilities-in-ahmedabad/</link>
		
		<dc:creator><![CDATA[Eashan Kumar]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 11:37:04 +0000</pubDate>
				<category><![CDATA[Machine Tool]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[ahmedabad]]></category>
		<category><![CDATA[coatings]]></category>
		<category><![CDATA[gujarat]]></category>
		<category><![CDATA[switzerland]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8873</guid>

					<description><![CDATA[Oerlikon inaugurated an extension to its regrinding and forming tools operations in Ahmedabad. The development is aimed at strengthening local service capabilities to address increasing demand for tool reconditioning and coated tools in the western region of India. The extension enhances the company’s ability to handle complex and high-volume requirements through expanded CNC regrinding capabilities. [&#8230;]]]></description>
		
		
		
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		<title>GE Vernova Appoints Jeyamani M Doss as India CTO and JFWTC Site Leader</title>
		<link>https://machinist.in/2026/03/ge-vernova-appoints-jeyamani-m-doss-as-india-cto-and-jfwtc-site-leader/</link>
		
		<dc:creator><![CDATA[Norwin Thomas]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 10:28:21 +0000</pubDate>
				<category><![CDATA[Energy & Power]]></category>
		<category><![CDATA[Engineering]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[bengaluru]]></category>
		<category><![CDATA[ge]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8871</guid>

					<description><![CDATA[GE Vernova has appointed Jeyamani M Doss as Chief Technology Officer (CTO) for India and General Manager, India Engineering – Gas Power, along with his role as Site Leader for the John F. Welch Technology Centre (JFWTC) in Bangalore. He will also serve as Executive Director on the Board of GE Renewable Energy Technologies Pvt. [&#8230;]]]></description>
		
		
		
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		<title>Bosch to form 50:50 joint venture with Tata Autocomp for e-axles and electric traction motors</title>
		<link>https://machinist.in/2026/03/bosch-to-form-5050-joint-venture-with-tata-autocomp-for-e-axles-and-electric-traction-motors/</link>
		
		<dc:creator><![CDATA[Norwin Thomas]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 08:59:11 +0000</pubDate>
				<category><![CDATA[Electric Mobility]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[germany]]></category>
		<category><![CDATA[motors]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8869</guid>

					<description><![CDATA[Bosch Limited said it will enter into a joint venture with Tata Autocomp Systems Limited to establish a manufacturing business for e-axles and electric traction motors in India. The board approved the proposal on 18 March 2026, and the agreement is scheduled to be executed on 23 March 2026, subject to regulatory approvals and agreed [&#8230;]]]></description>
		
		
		
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		<title>Tata Steel approves NINL amalgamation and USD 2 billion subsidiary investment</title>
		<link>https://machinist.in/2026/03/tata-steel-approves-ninl-amalgamation-and-usd-2-billion-subsidiary-investment/</link>
		
		<dc:creator><![CDATA[Eashan Kumar]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 07:43:57 +0000</pubDate>
				<category><![CDATA[Mergers & Acquisitions]]></category>
		<category><![CDATA[Metals & Materials]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[odisha]]></category>
		<category><![CDATA[singapore]]></category>
		<category><![CDATA[steel]]></category>
		<guid isPermaLink="false">https://machinist.in/?p=8867</guid>

					<description><![CDATA[Tata Steel Limited approved a scheme to amalgamate Neelachal Ispat Nigam Limited (NINL) with itself and an investment of up to USD 2 billion in its wholly owned subsidiary at its board meeting held on 17 March 2026. The decisions are subject to regulatory approvals and are aimed at restructuring operations and supporting overseas business [&#8230;]]]></description>
		
		
		
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