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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
EBG group sets up Vajram Electric
BL Hyderabad Bureau · 2026-05-27 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
The facility will expand from present 25,000 to 50,000 sq. ft. over the next year and support 11 of the Group’s business verticals through a unified multi-brand production platform

The facility will expand from present 25,000 to 50,000 sq. ft. over the next year and support 11 of the Group’s business verticals through a unified multi-brand production platform | Photo Credit: bgblue

EBG Group, a multi-sector business group, has set up Vajram Electric, a centralised manufacturing, assembly and distribution hub in Hyderabad which is expected to generate over 450 direct and indirect jobs.

“We are creating a platform that can support multiple high-growth sectors at scale. By centralising manufacturing, assembly, and distribution, we are building an ecosystem that delivers speed, efficiency and consistency, enabling us to compete not just in India but in global markets with confidence,” Irfan Khan, Founder, EBG Group said in a release on Wednesday.

The facility will expand from present 25,000 to 50,000 sq. ft. over the next year and support 11 of the Group’s business verticals through a unified multi-brand production platform. The project has been launched with an initial investment of ₹25 crore, with further expansion investments planned over the next phase of growth.

Vajram Electric will function as a production and logistics hub for EBG Group’s diversified portfolio spanning electric mobility, rehabilitation technology, consumer electronics, construction, F&B infrastructure and sustainable hospitality, according to the release.

Published on May 27, 2026