India

SHERIDAN, WYOMING -- June 17, 2026 -- IHG Hotels & Resorts has signed a management agreement with Circle View Estate Private Ltd to develop voco Udaipur, a 140-key newbuild hotel scheduled to open in the first quarter of 2029. The agreement extends IHG's premium voco brand into one of India's most established leisure markets, adding to the company's growing footprint in Rajasthan. For Circle View Estate, partnering with IHG brings access to global brand systems, commercial expertise and a guest proposition built around individual character rather than uniform branding. The deal adds another premium signing to IHG's expansion across high-demand Indian destinations.

SHERIDAN, WYOMING -- June 15, 2026 -- KHS Group has commissioned a 750.2 kWp photovoltaic system at its production site in Ahmedabad, India, generating 1,100 MWh of green electricity per year and covering approximately 80% of the facility's energy requirement. The plant went into operation in early March 2026 following a three-month installation phase and is projected to save up to 1,000 metric tons of indirect carbon emissions annually. The investment advances KHS's group-wide target of reducing scope 1 and 2 greenhouse gas emissions by 36% by 2028.

SHERIDAN, WYOMING - February 3, 2026 - Heidelberger Druckmaschinen AG (HEIDELBERG) is reinforcing its long-term growth strategy in India as demand accelerates across packaging, label, and commercial printing segments. During a multi-day market visit, HEIDELBERG's Chief Technology & Sales Officer, Dr. David Schmedding, met with customers and partners to advance investments in local sales and service capacity, demonstration installations, and partner networks. The move reflects India's rising importance within HEIDELBERG's Asia-Pacific strategy and positions the company to capture expanding packaging demand driven by economic growth, urbanization, and branded consumer goods.

SHERIDAN, WYOMING - November 28, 2025 - Growing demand for lightweight, design-driven and performance-oriented components is steadily expanding the global automotive alloy wheel market, with new research from Valuates Reports projecting revenues to rise from USD 11.4 billion in 2022 to USD 14.17 billion by 2029, a compound annual growth rate (CAGR) of 3.1% driven by OEM integration and aftermarket upgrades worldwide.

OEM Shift to Lightweight Wheels Reshapes Automotive & Mobility Strategies

In the global Automotive & Mobility industry, alloy wheels have moved from optional upgrade to core specification as manufacturers seek every opportunity to reduce vehicle weight and improve driving dynamics. Lower unsprung mass translates into smoother acceleration, more responsive steering and more efficient braking - all critical attributes as automakers balance efficiency, comfort and safety.