• Latest
  • Trending
Tramontina and Aequs form 50:50 joint venture to manufacture cookware in India

Tramontina and Aequs form 50:50 joint venture to manufacture cookware in India

12 February 2025
Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

4 August 2025
Big investment planned by JSW and JFE for Power Steel

Big investment planned by JSW and JFE for Power Steel

4 August 2025
Adani Group starts cityside development at eight airports

Adani Group starts cityside development at eight airports

4 August 2025
NUS, Google launch joint AI centre to boost research and talent development

NUS, Google launch joint AI centre to boost research and talent development

4 August 2025
India’s steel policy 2025: boosting domestic manufacturing, reducing Chinese imports

India’s steel policy 2025: boosting domestic manufacturing, reducing Chinese imports

3 August 2025
Meta sees big gains across revenue, profit and users in Q2 2025

Meta sees big gains across revenue, profit and users in Q2 2025

3 August 2025
OpenText and TELUS launch Canada’s first Sovereign AI Cloud platform

OpenText and TELUS launch Canada’s first Sovereign AI Cloud platform

3 August 2025
Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

2 August 2025
How to build your first game

How to build your first game

2 August 2025
Amazon Q2 2025 profit surges to $18.2 billion on strong AWS and AI momentum

Amazon Q2 2025 profit surges to $18.2 billion on strong AWS and AI momentum

2 August 2025
LIC Housing kicks off FY26 with 5% profit jump, zero processing fee pushes growth

LIC Housing kicks off FY26 with 5% profit jump, zero processing fee pushes growth

2 August 2025
Trump launches crypto venture to fuel 2024 Presidential run

Indian state-owned oil firms cut Russian crude orders

1 August 2025
Tuesday, August 5, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

Tramontina and Aequs form 50:50 joint venture to manufacture cookware in India

in Media Release
Reading Time: 2 mins read
0
Tramontina and Aequs form 50:50 joint venture to manufacture cookware in India

DBT Bureau

Pune, 12 Feb 2025

RelatedPosts

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

NUS, Google launch joint AI centre to boost research and talent development

Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

Aequs Private Ltd. and Brazilian homeware products company, Tramontina, reported a joint venture to produce cookware and other consumer products for customers in India and abroad.

Aequs Cookware Pvt. Ltd., the new 50:50 joint venture, will manufacture cookware at the manufacturing facilities of Aequs at the Hubballi Durable Goods Cluster (HDC). This will be the only manufacturing facility outside of the Americas for Tramontina, a homeware products conglomerate headquartered in Brazil.

Leveraging the competitive advantage of Make in India, the joint venture combines Tramontina’s decades of leadership in the cookware industry, and experience in product development and manufacturing, with Aequs’ precision manufacturing capabilities. Additionally, the joint venture will benefit from the 400-acre consumer ecosystem at the HDC, which provides a comprehensive, one-stop manufacturing infrastructure.

Aravind Melligeri, Chairman & CEO of Aequs, said: “We are thrilled to partner with Tramontina and bring their 100+ years expertise of cookware manufacturing to India. This collaboration is a testament to our capabilities, and together, we aim to establish this joint venture as a leader in cookware manufacturing from India. The growing global demand for premium cookware presents a tremendous opportunity, and this partnership positions us to serve both domestic and global markets. By combining Aequs’ integrated manufacturing ecosystem with Tramontina’s global strength, we will drive innovation, efficiency, and scale to deliver world-class products.”

Eduardo Scomazzon, Chairman of the Board of Directors, Tramontina said: “We are happy and excited about this joint venture with Aequs. In addition to enabling a more effective presence in the Indian market, the Hubballi unit will allow us to serve the global market with high-quality products under highly competitive conditions.”

The joint venture entails an investment of up to Rs 800 million.

Tramontina, a global brand with over 113 years of manufacturing experience, has a portfolio of more than 22,000 kitchenware and household goods sold in over 120 countries. Its kitchenware range includes utensils, equipment, and appliances.

Tramontina entered India last year with an omnichannel retail strategy that seeks to leverage general commerce, modern retail, and e-commerce platforms for a wide distribution of its products in the country. Initially, several lines of knives, accessories and kitchen utensils were launched, with more than 130 new items specially developed for Indian customers, aiming to meet local demand and expand market share in Asia.

Related Posts

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

by databiztimes.com
4 August 2025
0

DBT Bureau Pune, 4 August 2025 Capgemini announced today that William Rozé, CEO of Capgemini Engineering and Group Executive Board...

NUS, Google launch joint AI centre to boost research and talent development

NUS, Google launch joint AI centre to boost research and talent development

by databiztimes.com
4 August 2025
0

Google and NUS plan to establish a joint research and innovation centre that brings together resources and technology to pursue...

Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

by databiztimes.com
2 August 2025
0

DBT Bureau Pune, 3 August 2025 POSCO, one of the world’s largest steelmakers, has implemented Oracle Autonomous Database to streamline...

Amazon Q2 2025 profit surges to $18.2 billion on strong AWS and AI momentum

Amazon Q2 2025 profit surges to $18.2 billion on strong AWS and AI momentum

by databiztimes.com
2 August 2025
0

DBT Bureau Pune, 2 August 2025 Amazon.com, Inc. announced financial results for its second quarter ended June 30, 2025. Net...

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News
Media Release

Capgemini Engineering CEO William Rozé Exits; Leadership Change Ahead | Company News

by databiztimes.com
4 August 2025
0

DBT Bureau Pune, 4 August 2025 Capgemini announced today that William Rozé, CEO of Capgemini Engineering and Group Executive Board...

Read moreDetails
Big investment planned by JSW and JFE for Power Steel
Business

Big investment planned by JSW and JFE for Power Steel

by databiztimes.com
4 August 2025
0

Athira Sethu Kochi, 4 August 2025 JSW Steel and Japan-based JFE Steel will invest ₹5,845 crore, or around 669 million...

Read moreDetails
Adani Group starts cityside development at eight airports
Economy

Adani Group starts cityside development at eight airports

by databiztimes.com
4 August 2025
0

Athira Sethu Kochi, 4 August 2025 Adani Group has begun a new project to construct on land adjacent to eight...

Read moreDetails
NUS, Google launch joint AI centre to boost research and talent development
Media Release

NUS, Google launch joint AI centre to boost research and talent development

by databiztimes.com
4 August 2025
0

Google and NUS plan to establish a joint research and innovation centre that brings together resources and technology to pursue...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?