FEBRUARY 20258GODREJ ENTERPRISES AND BISIACH & CARRU TO STRENGTHEN INDIAN MANUFACTURINGCCI CLEARS JAPANESE STEELMAKERS' JOINT ACQUISITION IN BLACKWATER COAL MINEThe Tooling business of Godrej & Boyce which is a part of the Godrej Enterprises Group, has signed a MoU with Bisiach & Carru for manufacturing advanced railway and aerospace equipment in India. This The Competition Commission of India (CCI) has authorized a major acquisition agreement between Japanese steel companies Nippon Steel and JFE Steel. The two firms will jointly obtain a 30 percent interest in Queensland's Blackwater Coal Mine, an essential supplier of coking coal for the steel sector.TOP STORIESAccording to CCI, "The proposed combination envisages the acquisition of 20 percent and 10 per cent interest in Blackwater Coal Mine by NS Blackwater Pty Ltd and JFE Steel Australia Pty Ltd, respectively." NS Blackwater is a special-purpose vehicle ultimately owned by Nippon Steel Corporation, while JFE Steel Australia (BW) Pty is owned by JFE Holdings, Inc.The Blackwater Coal Mine, operating as an open-cut facility since 1967, is essential for supplying coking coal to India via imports. The purchase corresponds with the long-term strategic objectives of both steel manufacturers, guaranteeing a consistent supply of premium metallurgical coal.In August of the previous year, JFE Steel revealed a deal with Whitehaven Coal to purchase a 10 percent stake in the Blackwater Coal Mine, along with a long-term offtake contract. In the same way, Nippon Steel entered into an equity stake agreement for 20 percent, obtaining long-term coal offtake rights from Whitehaven Coal Ltd.With the rise in global demand for steel, this acquisition bolsters Nippon Steel and JFE Steel's dedication to ensuring dependable raw material sources, enhancing supply chains, and promoting industrial growth. partnership strengthens the manufacturing capabilities and aligns with the Make in India initiative. The focus will be mainly on increasing local manufacturing content, with a roadmap for expanding as capabilities improve and grow.Pankaj Abhyankar, Executive Vice President and Business Head ­ Tooling, Godrej Enterprises Group, stated: "This collaboration with Bisiach & Carru enhances India's manufacturing ecosystem by integrating advanced automation and precision engineering in railway and aerospace production. By combining our strengths with B&C's global expertise, we aim to deliver world-class solutions tailored to India's expanding infrastructure. The partnership supports the `Make in India' initiative, with a clear roadmap to increase local manufacturing content, improve cost efficiency, enhance quality, and drive technological innovation."As part of this collaboration, the organizations will manufacture advanced equipment that is aimed at improving efficiency, precision as well as automation in the railways and aerospace sector in India. This comprises robotic spot welding systems, that can help in enhancing production speed as well as accuracy coupled with high-precision jigs & fixtures which ensures superior quality in railway coach manufacturing.
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