Bikaji invests $2.9 million to expand US manufacturing footprint – Indian Television Dot Com


MUMBAI: Looks like Bikaji is adding a dash of local flavour to its global recipe. The packaged snacks maker is strengthening its American ambitions with a fresh capital infusion into its US subsidiary, betting on local manufacturing to serve the growing appetite for Indian snacks across North America.

Bikaji Foods International has invested an additional $2.9 million (around Rs 25 crore) in its wholly owned subsidiary, Bikaji Foods International USA Corp, as part of its strategy to deepen its presence in one of its fastest-growing overseas markets.

The company subscribed to 290,000 equity shares, taking the subsidiary’s paid-up capital to $4.05 million. The transaction does not alter Bikaji’s ownership structure, with the Indian parent continuing to hold 100 per cent of the US business.

The fresh capital will be used to establish a manufacturing facility in the United States, enabling Bikaji to produce locally instead of relying solely on exports. The company expects the move to strengthen its supply chain, improve customer access and accelerate business growth while meeting rising demand for Indian packaged snacks in the region.

Established in 2023, Bikaji Foods International USA Corp is engaged in the trading of packaged food products, including bhujia, namkeen, sweets and frozen foods. The subsidiary has recorded steady growth since its launch, with turnover rising from $1.1 million in FY24 to $1.77 million in FY25, before reaching $2.62 million in FY26.

The investment reflects a broader trend among Indian packaged food companies, which are expanding overseas to tap into the growing Indian diaspora as well as increasing mainstream demand for ethnic and ready-to-eat food products.

For Bikaji, which has been steadily scaling its international business alongside domestic growth, the US remains a strategically important market, with local manufacturing expected to provide a stronger platform for its next phase of expansion.

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ACMI and NSWC Indian head break ground on $250 million Maryland Energetics Innovation Hub for defense manufacturing


The American Center for Manufacturing & Innovation has broken ground on the Maryland Energetics Innovation Hub near Naval Surface Warfare Center Indian Head Division. The hub is intended to modernize how the United States develops, tests and scales critical technologies and energetics production for the military.

The project is backed by an initial $50 million award from NSWC Indian Head Division. ACMI said the hub is expected to catalyze more than $200 million in additional private investment.

The Maryland Energetics Innovation Hub will include multiple new state-of-the-art buildings outside the gates of NSWC Indian Head Division. The site will host companies and research institutions working on U.S. military priorities.

The hub will focus on eight priority innovation areas. These include energetics for uncrewed systems, next-generation propulsion systems, manufacturing automation and other capabilities needed to strengthen the U.S. munitions industrial base.

 

“This is a generational investment. ACMI is helping America become faster at moving from ideas to production – faster to innovate, faster to manufacture, and faster to scale the technologies that strengthen our national defense,” said John Burer, Founder and CEO of ACMI.

“MEIH brings together the infrastructure, capital, and private-sector talent needed to rapidly advance new producers and technologies. By leading the effort to recruit and convene top defense technology companies around NSWC Indian Head Division’s priority mission areas, ACMI is creating a new kind of industrial ecosystem designed to accelerate collaboration, compress timelines, and turn breakthrough innovation into operational capability at unprecedented speed,” Burer said.

ACMI also announced that Energetics Technology Center and Applied Research Associates will serve as inaugural tenants and partners. The organization said it is in active talks with several leading defense technology companies about expanding to the hub.

The groundbreaking ceremony brought together military leaders, elected officials, industry executives, academic partners and manufacturing stakeholders. Participants included representatives from the Johns Hopkins Applied Physics Laboratory, National Nuclear Security Administration, National Defense Industrial Association, Parsons, Leidos and Rafael-USA.

“This initiative ensures that NSWC Indian Head Division remains at the forefront of energetics innovation, scale-up, and production,” said Captain Steve Duba, NSWC IHD Commanding Officer.

“By bringing together government and industry partners in a collaborative environment, we can accelerate the development and fielding of critical capabilities that strengthen the Navy’s Arsenal and the larger munitions industrial base,” Duba said.

“Southern Maryland has long been a cornerstone of the nation’s energetics enterprise, and the Maryland Energetics Innovation Hub builds on that strong foundation,” said William Durant, CEO and President of ETC.

“ETC is excited to work alongside ACMI and NSWC Indian Head Division to advance critical technologies and support the next generation of capabilities for the nation’s warfighters,” Durant said.

“Local manufacturing is critical to our economy and our workforce. The new Maryland Energetics Innovation Hub is an important investment in supporting local manufacturing and will further cement our state’s leadership in this critical space,” said U.S. Senator Chris Van Hollen.

“This trailblazing facility will help strengthen our national security, create good-paying jobs, and drive economic growth here in Indian Head,” Van Hollen said.

“Today’s groundbreaking for the Maryland Energetic Innovation Hub marks a crucial and exciting step in supporting Indian Head’s mission, expanding off base partnerships, and improving our nation’s military readiness,” said U.S. Representative Sarah Elfreth.

“The Naval Surface Warfare Center at Indian Head is already at the cutting-edge of energetics research for the Department of Defense. This new partnership will only broaden their horizons and solidify Maryland’s role at the forefront of innovation in this ever-evolving global arena,” Elfreth said.

“I’m grateful to see funding and partnerships like these that not only bolster our national security, but invest in our communities,” Elfreth added.

“The Western Charles County Technology Corridor continues to strengthen its position as a competitive hub for defense, energetics, and advanced technology industries,” said Jim Chandler, Director of the Charles County Economic Development Department.

“We are seeing growth in partnerships, investment, and innovation that are expanding opportunities for both new and existing businesses while reinforcing Charles County’s long-term economic competitiveness. The groundbreaking of the Maryland Energetics Innovation Hub marks an important milestone,” Chandler said.

 

The Maryland investment builds on ACMI’s regional manufacturing campus model. ACMI said the model is designed to revitalize U.S. manufacturing capacity through shared infrastructure, advanced production ecosystems and public-private partnerships.

Earlier this year, ACMI broke ground on its 1,100-acre National Security Industrial Hub in Indiana. That defense manufacturing campus is backed by an initial $75 million award from the Department of War.

ACMI said the Maryland and Indiana hubs together represent more than $1 billion in investment in the defense industrial base. Initial operations at the Maryland Energetics Innovation Hub are expected to begin in 2027 as phased construction advances.

The hub is expected to create high-quality jobs, attract additional private investment and support the growth of domestic manufacturing capabilities critical to national security. ACMI said it will also help accelerate defense manufacturing modernization and expand domestic energetics capacity.

ACMI is an industrial group focused on revitalizing the U.S. manufacturing base by building infrastructure and supporting manufacturers as they scale. NSWC Indian Head Division is a Naval Sea Systems Command field activity focused on ordnance, energetics and explosive ordnance disposal solutions.

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OSH Cut Expands US Manufacturing Footprint with Second Factory in Cincinnati Region | Machine Maker – Latest Manufacturing News | Indian Manufacturing News – Latest Manufacturing News | Indian Manufacturing News


OSH Cut has announced that its second manufacturing facility in the United States is nearing operational readiness, marking a significant expansion of its on-demand metal fabrication capabilities. The new facility, located in the Cincinnati metropolitan area, spans approximately 70,000 square feet and represents an investment of nearly US$10 million. The company expects the project to generate around 70 new jobs as operations scale up over the coming months.

Headquartered in Spanish Fork, Utah, OSH Cut operates a self-service online platform that enables customers to order custom tube and sheet metal parts through a streamlined digital process. The company has built its reputation around rapid-turnaround fabrication services designed to support manufacturers, engineers, fabricators and industrial customers across the United States.

The Cincinnati-area expansion is aimed at increasing production capacity and improving service efficiency for customers located east of the Mississippi River, who currently account for nearly 43 percent of OSH Cut’s client base. By establishing a manufacturing presence closer to these customers, the company expects to reduce shipping times, improve delivery speeds and strengthen operational responsiveness.

The new facility will support a broad range of fabrication services offered by the company, including sheet metal cutting, brake bending, laser tube cutting, CNC tube bending, powder coating, metal finishing, tapping, countersinking and hardware insertion. According to the company, the expansion reflects growing demand for digitally enabled fabrication solutions that combine speed, flexibility and precision manufacturing. The facility is being equipped with advanced fabrication technologies designed to support high-volume and customised production requirements.

OSH Cut’s online ordering model allows customers to upload designs, receive instant pricing and place orders directly through its digital platform. The company said this technology-driven approach has enabled it to simplify traditional fabrication workflows while improving turnaround times for industrial clients.

The addition of the Cincinnati-area plant is expected to complement the company’s existing Utah operations while creating a more geographically balanced manufacturing network across the United States. The facility will play a key role in supporting future growth as demand for rapid, on-demand fabrication services continues to increase across sectors such as industrial manufacturing, automotive, construction and equipment production. With the second factory nearing completion, OSH Cut is positioning itself to expand its national reach and strengthen its ability to serve customers with faster production timelines and enhanced manufacturing flexibility.

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Indian Companies Pledge Record $20.5 Billion Investment in US


3 min readMay 7, 2026 08:40 AM IST

Indian companies have pledged to invest a record $20.5 billion in the United States, which includes $19.1 billion in pharmaceuticals, the US embassy said on Wednesday.

The commitments were made during an investment summit in Maryland, US.

According to the US embassy, the commitments span key sectors including pharmaceuticals, advanced manufacturing, energy infrastructure, and emerging technologies, and are expected to create thousands of jobs in both countries while expanding US production and joint innovation capacity.

The US embassy statement quoted Ambassador Sergio Gor saying, “I am proud to advance our goal to double US-India bilateral trade to $500 billion by 2030. Through fair, balanced, and mutually beneficial trade, we’re attracting world-class investment to the United States and creating shared prosperity for both nations.”

It said that a significant share of the investment is driven by India’s pharmaceutical sector, with more than $19.1 billion in planned investments in US manufacturing, research and development, and new facilities.

In addition, 12 Indian companies announced more than $1.1 billion in new greenfield and expansion projects across multiple states, supporting jobs in manufacturing, technology, and engineering.

Pharmaceuticals & industrial capacity

Indian pharmaceutical companies announced plans to invest more than $19.1 billion in the US, anchored by Sun Pharmaceutical’s planned $11.75 billion acquisition of New Jersey-based Organon & Co. Participating companies include Aurobindo Pharma Ltd, Biocon Group, Cipla Ltd, Dr. Reddy’s Laboratories Ltd, Glenmark Pharmaceuticals Ltd, Granules India Ltd, Jubilant Group, Lupin Ltd, Sun Pharmaceutical Industries Ltd, Piramal Pharma Ltd, and Zydus Lifesciences Ltd, the statement said.

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These investments will support manufacturing and network expansions, new greenfield facilities, and increased research and development, helping expand the supply of essential medicines, address drug shortages, and strengthen the resilience of the US healthcare supply chain.

JSW Steel affirmed plans for commissioning $255 million in modernisation projects at its facilities in Ohio and Texas.

Manufacturing

Abhyuday Group (Ahmedabad) will invest over $900 million across five US sites, creating 1,500 American jobs. Jindal Pipe and Jindal Tubular USA (PR Jindal Group) will invest $87 million to expand in Texas and Mississippi, creating 140 jobs. Jivo Wellness (Delhi) will invest $15 million, creating 50 direct jobs and up to 150 indirect jobs.  Polyhose Inc. will invest $2 million in Los Angeles to support the US shipbuilding industry.

Technology, AI, and digital infrastructure

Mumbai-based Sterlite Technologies Ltd will invest $100 million, creating up to 500 jobs and supporting AI and telecom infrastructure.

Techdome Solutions (Indore) will invest $7.5 million, creating 100 jobs.

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Kerala’s RoshAi will invest $5 million in Texas, creating 20 jobs. Chennai’s Atri AI will invest $2 million in Menlo Park, California. Kissflow will invest $2 million in Houston. SatoriXR will invest $1.5 million in Michigan, creating 25 jobs.

Energy, research & innovation

MagnoInnovation Lab (Kerala) will invest $2 million to establish US field operations and support energy sector applications. Indian Institute of Technology Madras Global Research Foundation will invest $4.5 million to establish a US research and collaboration hub in California, with plans for an additional East Coast.

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Shubhajit Roy


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Shubhajit Roy, Diplomatic Editor at The Indian Express, has been a journalist for more than 25 years now. Roy joined The Indian Express in October 2003 and has been reporting on foreign affairs for more than 17 years now. Based in Delhi, he has also led the National government and political bureau at The Indian Express in Delhi — a team of reporters who cover the national government and politics for the newspaper. He has got the Ramnath Goenka Journalism award for Excellence in Journalism ‘2016. He got this award for his coverage of the Holey Bakery attack in Dhaka and its aftermath. He also got the IIMCAA Award for the Journalist of the Year, 2022, (Jury’s special mention) for his coverage of the fall of Kabul in August 2021 — he was one of the few Indian journalists in Kabul and the only mainstream newspaper to have covered the Taliban’s capture of power in mid-August, 2021. … Read More

 

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