https://www.taxtmi.com/news?id=51501 Electrosteel Castings completed acquisition of Italian valve specialist T.I.S. Service S.p.A. and plans to localise valve production to meet Make in India objectives, aiming to replace imports and expand into irrigation, desalination and clean energy markets. The company is evaluating a greenfield site in Odisha for manufacturing but is constrained by a land acquisition delay; meanwhile a short-term domestic slowdown is attributed to delayed fund disbursements under the Jal Jeevan Mission. en-us Mon, 04 Aug 2025 19:46:03 +0530 Mon, 04 Aug 2025 19:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51501 Electrosteel Castings completed acquisition of Italian valve specialist T.I.S. Service S.p.A. and plans to localise valve production to meet Make in India objectives, aiming to replace imports and expand into irrigation, desalination and clean energy markets. The company is evaluating a greenfield site in Odisha for manufacturing but is constrained by a land acquisition delay; meanwhile a short-term domestic slowdown is attributed to delayed fund disbursements under the Jal Jeevan Mission. News - Mon, 04 Aug 2025 19:46:03 +0530 https://www.taxtmi.com/news?id=51501