Author: Anil Mahi

India’s Fastest-Growing Electric Motorcycle Manufacturer Oben Electric Featured As Zee TV Ideabaaz’s First Success Story Oben Electric, India’s fastest-growing electric motorcycle manufacturer, has been featured as the very first success story on IdeaBaaz, Zee TV’s startup reality show. The recognition celebrates a homegrown, R&D-driven company that has transformed a bold vision into a pan-India business in one of the world’s most complex and capital-intensive sectors, the automotive industry. Behind these achievements is a human story of perseverance and grit. What started in a small garage with big ideas and a shared dream has grown into India’s fastest-growing electric motorcycle company.…

ALBIS And Sukhesh Group Establish Joint Venture In India ALBIS is further expanding its international footprint and has established a joint venture in India together with Mumbai-based Sukhesh Group. The new company, ALBIS Sukhesh India Pvt. Ltd., headquartered in Mumbai, aims to become one of the leading distributors of engineering plastics in the Indian market. The joint venture builds on the complementary strengths of both partners: ALBIS contributes its extensive portfolio of engineering plastics, long-standing technical sales expertise and strong relationships with global polymer manufacturers, while the Sukhesh Group adds its pan-Indian network, established infrastructure and more than 30 years…

Oben Electric Raises INR 85 Crores In Pre-Series B Round, Enters Next Phase Of Growth Funding round saw participation from renowned Indian American Family Offices and other existing investors. New funding to power national retail expansion and new product launches Company on track to achieve INR 100 Crores revenue in FY26. COGS break-even by March 2026 and targets EBITDA break even by 2027 Oben Electric, India’s homegrown and R&D-driven electric motorcycle manufacturer, today announced the successful raise of INR 85 Crores in its Pre-Series B round. The round saw participation from multiple renowned Indian American Family Offices including Raj K…

Avery Dennison And Indian Institute Of Packaging Sign MOU To Launch Management Development Programme For The Packaging Industry Avery Dennison Corporation (NYSE:AVY), a global materials science and digital identification solutions company, announces the signing of a Memorandum of Understanding (MOU) with the Indian Institute of Packaging (IIP) at the institute’s Mumbai campus. This agreement marks a significant step towards strengthening industry- academia collaboration and advancing capability-building within India’s packaging landscape. The MOU was formally signed by Mr. R. K. Mishra (IRS, Director IIP & Additional DGFT Mumbai), Director representing IIP and Mr. Saurabh Agrawal (VP & GM Avery Dennison South…

Cosmo Films Announces New High-Performance Packaging Films For The Pet Food Industry Cosmo Films, a global leader in specialty films, today announced the expansion of its flexible packaging portfolio with a new range of BOPP, CPP and BOPET-based films engineered specifically for pet food packaging. The introduction includes a new high heat-resistant TR-BOPP film along with advanced barrier and lidding films, strengthening the company’s commitment to delivering next-generation, food-safe packaging solutions. India’s pet food market has been expanding rapidly, driven by rising pet adoption and premiumisation, with the segment estimated to be one of the fastest-growing within the broader pet…

Bolivia’s First Direct Reduction Plant Begins Production Tenova HYL, a leading Tenova company in the field of direct reduction, has successfully commissioned its ENERGIRON Zero-Reformer DR Micro-Module at Empresa Siderurgica del Mutún in Santa Cruz, Bolivia, and directly reduced (DRI) its first iron ore on October 7. This important milestone in the contract with Sinosteel Equipment and Engineering, a global Chinese EPC contractor specializing in industrial planning, equipment supply and turnkey project delivery in the mining, metals and infrastructure sectors, marks a significant step in the long-standing cooperation between Tenova and Sinosteel. Modern technology with high performance The advanced and…

Cosmo First Appoints Saurabh Jain As CEO Of Pet Care Division, Zigly And Head Of Corporate Development Cosmo First with business interests across multiple domains including Films, Sheets & Containers, Pet care, Consumer Products and Specialty Chemical has named Saurabh Jain as Chief Executive Officer (CEO) of its pet care division, Zigly and Head – Corporate Development. In his new role as CEO of Zigly, Saurabh will be responsible for expanding the business and shaping the next phase of growth for the company. Saurabh will also drive corporate development initiatives at Cosmo First and will be overseeing strategy and growth-related…

Amiblu Branch In Trollenhagen Ceases Production – Strategic Realignment With A Focus On European Site Consolidation This measure is part of a strategic consolidation and optimization of the European manufacturing structure, which became necessary to secure the company’s long-term competitiveness and adapt its corporate strategy to current market developments. A thorough market analysis by the Austrian holding company revealed that Amiblu’s growth potential in Europe is limited. The restructuring therefore envisages maintaining only one production site in each European country where Amiblu operates. To increase operational efficiency and optimize resource utilization in Germany, the partial closure in Trollenhagen is scheduled…

German Steel Federation: Industrial Electricity Price: Relief For The Steel Industry Insufficient In mid-November, the coalition committee approved key points for an industrial electricity price. The plan is for energy-intensive industries to be able to purchase electricity at a price of 5 cents per kilowatt-hour over the next three years. The German Steel Federation views this step as a generally positive sign from the federal government on the path to internationally competitive energy prices. However, due to European state aid regulations, the measure is unlikely to provide any significant additional relief, particularly for energy-intensive sectors like the steel industry. State…

Environmental Evolution: A Path to Shared Prosperity Have you noticed that Sprite has changed its green plastic bottle to clear? And did you know that a Pringles tube is now 90% paper? Or that 98% of Apple’s packaging is fibre based, and in 2024 24% of the materials shipped in Apple products came from recycled and renewable sources? These changes were made with a view to increasing recyclability and creating more responsible production practices. They are visible examples of how brands have evolved their products and packaging to reduce their impact on the environment. Ricoh continually re-evaluates its production methods…