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IMARC Engineering Introduces End-to-End Factory Setup Services in India, Targeting Greenfield and Brownfield Manufacturing Investors

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The company provides integrated support across land acquisition, feasibility studies, regulatory approvals, EPCM, ESG compliance, and commissioning for manufacturing projects across India.

NOIDA, India, June 30, 2026 /PRNewswire/ — IMARC Engineering, a leading Engineering, Procurement, and Construction Management (EPCM) advisory firm, offers comprehensive end-to-end factory setup services in India, supporting manufacturers and investors across land acquisition, feasibility studies, regulatory approvals, EPCM, ESG compliance, and commissioning for greenfield and brownfield manufacturing projects.

India’s Manufacturing Moment and the Gap IMARC Engineering Fills

India’s manufacturing sector is at a defining inflection point. Manufacturing private corporate capital expenditures constituted more than 50% of the total CAPEX in the year 2025-26, and industrial production growth rate witnessed an increase of 4.9% in April 2026. Even amidst the global slowdown, India surpassed market estimates in industrial growth rate owing to the PLI schemes introduced by the Government of India amounting to INR 1.97 lakh crore, and the national target of manufacturing industry to contribute 25% of the country’s GDP by 2030 has led to waves of investments.

However, the process from investment decisions to operational plants is difficult to navigate for most of the investors due to the multi-tiered regulatory environment associated with industrial projects in India, including environmental clearances under the EIA Notification 2006; consent to establish from the CPCB and State Pollution Control Boards; factory plans’ approval under the Factories Act 1948; fire NOCs under NBC 2016; IBR clearances for the pressure systems and various other sectoral authorizations from CDSCO, FSSAI, and PESO.

IMARC Engineering was established to bridge exactly this gap, acting as a single, accountable delivery partner that manages every stage of the manufacturing project lifecycle, from the first investment conversation to the day commercial production begins.

Leadership Perspective

“India’s manufacturing sector is witnessing unprecedented investment activity across pharmaceuticals, electronics, food processing, chemicals, and advanced manufacturing. However, investors often face significant challenges related to land acquisition, regulatory approvals, engineering coordination, and project execution. IMARC Engineering was established to help investors navigate these complexities through an integrated project delivery approach that supports every stage of the manufacturing lifecycle, from concept to commissioning.” — Harpreet Singh, Associate Vice President – Business Research and Consulting Solution, IMARC Engineering

To discuss your manufacturing project requirements, visit: https://www.imarcengineering.com/contact-us

A Full-Spectrum EPCM Offering Built for Indian Market Realities

IMARC Engineering’s factory setup services span the complete project lifecycle, including feasibility studies, site selection, engineering design, procurement support, project execution, regulatory compliance, ESG advisory, commissioning, and operational readiness.

In the pre-investment phase, IMARC Engineering performs comprehensive feasibility studies, location analysis, and site selection, assessing candidate sites based on criteria like connectivity, power & water supply availability, strength of the labor market, relevant state incentives, and availability of materials from nearby locations. The company also assists in land procurement, legal due diligence, CapEx & OpEx analysis, industrial licensing & incentives advisory, risk assessment, and technical due diligence for the investor.

On the engineering side, the company’s multidisciplinary teams handle plant layout and process flow design, civil and structural MEP design and validation, equipment selection, utilities planning across water, power, HVAC, and steam, fire safety and security system design, cleanroom and cold chain design, waste management system planning, and 3D modelling and digital twin simulations. Procurement support spans supplier identification and evaluation, competitive tendering and bid evaluation, Bill of Materials preparation, vendor audits, logistics optimization, and spare parts and inventory planning.

Greenfield Project Management: From Undeveloped Land to Operational Facility

For investors who wish to develop industrial facilities through greenfield project development on virgin land, IMARC Engineering provides well-defined greenfield project management that includes site master planning, statutory clearances, engineering, procurement of machinery, construction and commissioning of the entire plant through a single integrated project management framework. The usual duration for greenfield projects in India is 18-36 months from finalizing the site until handing over the project to the investor.

The company’s greenfield capabilities span pharmaceuticals, food and beverage processing, chemicals, FMCG, medical devices, agrochemicals, automotive components, energy and power infrastructure, and general industrial manufacturing. All project deliverables are aligned with IFC Performance Standards, GMP practices, FSSAI guidelines, PESO regulations, and Indian Standards codes, ensuring that projects meet both domestic regulatory requirements and the due diligence criteria of international lenders and institutional investors.

Brownfield Project Management: Expanding and Modernizing Live Operations

IMARC Engineering supports manufacturers with brownfield project management services focused on capacity expansion, process optimization, automation upgrades, sustainability initiatives, and ESG integration. The company’s expertise lies in upgrading facilities in operational manufacturing sites by developing an installation sequence, scheduling shutdowns and conducting parallel works, thus minimizing disruption to ongoing production and business operations while still achieving the goal of expansion.

A brownfield project is always faster in its time-to-value ratio and low-capital intensity per unit of capacity addition than greenfield construction projects. IMARC Engineering handles all compliance related to brownfield projects, which includes modifications to the SPCB consent to operate, license under the Factories Act, NOC for fire department, and other sector-wise regulations to ensure commercial approval of the expanded facility.

ESG and Sustainability Built into Every Project

Environmental, Social, and Governance compliance is embedded into IMARC Engineering’s project methodology from the earliest design stage, not treated as an add-on at the end. The company provides ESG compliance advisory, environmental impact and sustainability studies, green building certification support under LEED and IGBC frameworks, environmental compliance audits, health and safety compliance audits, and EHS training programs.

Energy-efficient facility designs, renewable energy integration planning, and waste reduction strategies are standard components of the engineering brief, ensuring that manufacturing facilities meet stakeholder expectations and are positioned for long-term operational and regulatory resilience.

Serving Both Domestic and International Manufacturing Investors

IMARC Engineering’s services are available to a broad spectrum of manufacturing investors, including domestic Indian companies scaling production capacity, multinational corporations establishing Indian subsidiaries or joint ventures, private equity-backed platforms building manufacturing assets, and export-oriented manufacturers seeking to leverage India’s PLI incentive frameworks.

International investors also benefit from the company’s expertise in company incorporation support, FDI structuring guidance, and market entry advisory, services that facilitate the establishment of wholly owned subsidiaries or project-specific vehicles under DPIIT’s automatic FDI route, which allows 100% foreign direct investment in most manufacturing sectors without prior government approval.

Through its international client engagements and industry expertise, IMARC Engineering supports manufacturing and industrial projects across multiple global markets while operating from its headquarters in Noida, India. The company serves clients across pharmaceuticals, chemicals, food and beverage, automotive, energy and power, agriculture, technology, infrastructure, and general manufacturing sectors.

Related Services Supporting Successful Manufacturing Projects in India:

Regulatory Approval and Licensing: https://www.imarcengineering.com/services/regulatory-approval-and-licensing

ESG Compliance Consulting Services: https://www.imarcengineering.com/services/esg-compliance

Distributor Partner Identification: https://www.imarcengineering.com/services/distribution-partner-identification

Turnkey Project Management Services: https://www.imarcengineering.com/services/turnkey-project-management 

Time and Motion Studies in India: https://www.imarcengineering.com/services/time-and-motion-studies

Technical Due Diligence Services for Investors: https://www.imarcengineering.com/services/technical-due-diligence-for-investors

Learn More Through Our Latest Industry Insights

Interested in understanding the broader trends impacting manufacturing projects and industrial infrastructure in India?
Watch the video: Why Are Leading Manufacturers in India Choosing Modernization Over Expansion?

About IMARC Engineering

IMARC Engineering is a leading EPCM advisory firm and a specialized division of IMARC Group, supporting end-to-end industrial projects from concept to commissioning. Operating across five continents with its corporate headquarters at Noida, India, the company delivers integrated engineering management, strategic advisory, procurement coordination, construction oversight, and compliance services for manufacturing and industrial projects worldwide.

IMARC Engineering helps businesses through data-driven planning, technical leadership, regulatory coordination, and disciplined project oversight, enabling informed decision-making, controlled execution, and sustainable industrial growth.

Media and Business Inquiries
Ravi Chawat 
IMARC Engineering 
Website: https://www.imarcengineering.com/
Phone: +91-120-433-0800
Email: sales@imarcengineering.com
LinkedIn: https://www.linkedin.com/showcase/imarc-engineering/ 

Photo: https://mma.prnewswire.com/media/3001830/IMARC_Engineering_End_to_End_Factory_India.jpg

 

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Strategic LiDAR Customer Initiates Production Orders with Sivers Semiconductors

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October 20, 2026

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Shipments will begin in Q4 2026 against rolling production orders as the automotive and industrial sensing programs move into production phase in 2027

KISTA, Sweden, Oct. 20, 2026 /PRNewswire/ — Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced that its strategic LiDAR customer has initiated production orders for its automotive and industrial sensing customers.

Sivers will supply the continuous-wave distributed feedback (CW DFB) lasers and optical amplifiers powering the customer’s LiDAR platforms, positioning the company to support growing demand as production scales.

“We are pleased to see this strategic program advance from design-win to production, with our customer placing first production orders,” said Alex McCann, Managing Director of Sivers Semiconductors’ photonics business. “This key milestone reflects confidence in our technology, our production facility and its reliability to meet the customer’s requirements for volume production. As the program scales, we expect rolling production orders placed to lead times, in line with our customer’s multi-year production forecasts.”

As announced in March 2026, the program represents a significant long-term opportunity, with estimated cumulative revenue potential of USD 53 million to USD 138 million over the customer’s product lifecycle. The opportunity comes amid strong growth in automotive LiDAR, with Yole Group projecting the global market to expand from USD 861 million in 2024 to USD 3.8 billion by 2030, representing a compound annual growth rate of 28 percent. Beyond automotive applications, LiDAR is gaining traction in industrial markets, including robotics and autonomous machinery.

For more information, please visit https://www.sivers-semiconductors.com/. 

About Sivers Semiconductors

We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high-precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense, and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com.

Forward-looking statements

This press release contains forward-looking statements, including statements regarding expected orders, the timing and scale of the customer’s production ramp, deliveries, market development and revenue potential. Such statements are based on current expectations and are subject to risks and uncertainties, including the customer’s production plans, end-market demand and Sivers’ manufacturing capacity, which could cause actual results to differ materially. Sivers undertakes no obligation to update any forward-looking statements, except as required by applicable law.

Media Contact
Tyler Weiland 
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com

Company Contact
Heine Thorsgaard
CFO 
ir@sivers-semiconductors.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sivers-semiconductors/r/strategic-lidar-customer-initiates-production-orders-with-sivers-semiconductors,c4411825

 

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SOURCE Sivers Semiconductors

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Segway Powersports Returns to EICMA for Fifth Year with Model Year 2027 Lineup and New Off-Road Innovations

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October 20, 2026

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MILAN, Oct. 20, 2026 /PRNewswire/ — Segway Powersports is heading back to EICMA for fifth appearance, with new off-road innovations that reflect its “Fear No Place” philosophy. On November 3, the brand will unveil its Model Year 2027 (MY2027) lineup at a product launch in Milan. From upgraded ATVs to the debut of its new flagship two-row UTV and next-generation of iFUN system connected technology, the preview promises exciting developments in design, performance and the riding experience.

Segway Powersports will occupy approximately 880 square meters at EICMA 2026, setting the stage for its upcoming product launch:

Location: Hall 14, Booth I06Launch Date & Time: November 3 at 3:30 p.m. (Milan local time)

For Segway Powersports, off-road riding has always been about more than reaching a destination. It’s about taking on unfamiliar terrain with confidence and discovering new possibilities along the way. As Segway’s professional-grade, high-performance powersports line for global markets, the brand is built around the qualities riders depend on when conditions get tough: strong performance, reliable durability and confident handling.

Expertise, the pursuit of excellence and a spirit of exploration are at the heart of Segway Powersports. Together, these values shape the brand’s “Fear No Place” philosophy and its drive to push riding capabilities further. EICMA offers another opportunity to bring that philosophy into sharper focus and strengthen the brand’s identity in the global powersports market.

Beyond performance, Segway Powersports is forging a distinct visual identity anchored by Rider Red——its signature color-paired with the dedicated Segway Powersports logo. Consistently applied across vehicle designs and brand materials, the color creates a bold, instantly recognizable brand presence.

At this year’s EICMA, the MY2027 lineup will take center stage. Fresh designs, stronger performance and a more engaging riding experience are the key upgrades to look forward to.  Meanwhile, the new flagship two-row UTV will make its Milan debut with an all-weather cabin comfort concept.

Smart connectivity will be another highlight. The next-generation connect system iFUN will make interactions between riders and their vehicles smarter and more intuitive.

With the upcoming launch, Segway Powersports aims to offer a more complete off-road lineup for a wider range of terrains and riding needs. From trail adventures and outings with companions to practical tasks, the expanded range gives riders more ways to make the most of every journey.

The Segway Powersports booth will also feature a special highlight: a race-prepared vehicle that claimed second place in the SSV class at the 2026 European Bajas Championship. Visitors can get a closer look at the race vehicle and a taste of competitive off-road racing.

Media, dealers, partners and consumers are invited to follow the Segway Powersports product launch on November 3 at 3:30 p.m. (Milan local time) in Hall 14, Booth I06 and discover what’s next for Segway Powersports.

About Segway Powersports

Segway Powersports is Segway’s professional-grade, high-performance powersports line for global markets. Guided by expertise, the pursuit of excellence and a spirit of exploration, the brand develops off-road vehicles that combine powerful performance, strong torque, reliable durability and responsive handling. Built for diverse and demanding terrain, its vehicles give riders the confidence to take on new challenges, reflecting the brand’s “Fear No Place” philosophy.

Contact: media@powersports.segway.com 

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ShaMaran Announces Investment in Iraq and Contemplated Bond Issuance

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October 20, 2026

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HAMILTON, Bermuda, Oct. 20, 2026 /PRNewswire/ — ShaMaran Petroleum Ltd. (“ShaMaran” or the “Company”) (Euronext Growth Oslo: SNM) (Nasdaq First North Stockholm: SNM) announces the expansion of the Company’s strategic collaboration with HKN Energy (“HKN”) into Federal Iraq. Building on their joint ventures across the Atrush and Sarsang oil fields in the Kurdistan Region of Iraq, HKN and ShaMaran are extending their cooperation into Federal Iraq through the Hamrin oil development and production contract (“DPC”). PDF Version 

As part of this expansion, ShaMaran will have a 25% shareholding in HKN Hamrin Ltd. (the “Hamrin JV”), the joint venture company holding 100% of the Hamrin DPC. HKN, as the operator of the field, will leverage its operational expertise and established relationship with ShaMaran to advance a major long-term development program.

The Hamrin field is a large discovered and producing oil field previously operated by North Oil Company, an Iraqi state-owned oil company. HKN and ShaMaran will further develop the field with the aim of increasing production above the current 20 Mbopd to maximize recovery over the 25-year term of the DPC. The operator’s and management’s current estimate of remaining gross reserves and resources is in the range of 500 million to one billion barrels. The initial phase of development will target lifting field production to approximately 60 Mbopd by 2028. Further phases of development could target more than doubling those initial production levels, with currently estimated capex for later phases in the range of $2-3 per incremental barrel.

Garrett Soden, Chief Executive Officer of ShaMaran, commented, “The Hamrin investment is a natural extension of our cooperation with HKN, the operator of our two existing assets in the Kurdistan Region of Iraq. The Hamrin field in Federal Iraq is complementary to our existing Kurdistan production and reserves profile, and we expect material synergies from having the same team operate all three assets. Together with HKN, we are committed to increasing Hamrin production to create significant value for Iraq and our shareholders.”

The Hamrin JV farm-in consideration comprises a $35 million carry by ShaMaran of HKN’s share of initial costs in the Hamrin co-venture, with a further $15 million payable out of future cash flow once ShaMaran has recovered its initial investment and carry in full.

Financing – Contemplated Bond Issuance

Elvis Pellumbi, Chief Financial Officer of ShaMaran, commented, “On the back of the attractive Hamrin investment, we are looking to raise a new bond to better reflect the improved credit profile of our expanded asset portfolio, fund Hamrin growth capex and reduce interest costs. We see increased near-term cash flow from our existing assets due to the tri-party export agreement coupled with an enhanced long-term outlook from the addition of future Hamrin cash flows.”

ShaMaran has mandated Pareto Securities AS to be sole bookrunner and manager for a contemplated bond of up to $200 million in order to refinance its existing 2029 bond (ISIN NO0011057622) that has approximately $144 million currently outstanding. The proceeds from the new bond will be used to fund ShaMaran’s share of the Hamrin investment and for general corporate purposes. The Company will host fixed income investor meetings, and a bond issuance may follow subject to market conditions and acceptable terms. It is the Company’s intention to exercise the applicable call option in the existing bond upon successful issuance of the contemplated new bond.

ShaMaran to combine with Gulf Keystone Petroleum Ltd. (“Gulf Keystone”)

ShaMaran and Gulf Keystone today announced that they have signed a merger agreement and a combination agreement to combine their businesses and create a platform for growth in the Kurdistan Region of Iraq and Federal Iraq (the “Transaction”). A copy of the press release can be found at www.shamaranpetroleum.com.

About ShaMaran Petroleum Ltd.

ShaMaran is an independent oil and gas company with non-operated stakes in three fields in Iraq. The Company indirectly holds a 50% working interest in the Atrush Block and an 18% working interest in the Sarsang Block, both in the Kurdistan Region of Iraq. The Company will also hold a 25% interest in the Hamrin JV, which holds the Hamrin DPC in Federal Iraq. The Company is listed in Oslo on Euronext Growth and in Stockholm on Nasdaq First North (ticker “SNM”). ShaMaran is part of the Lundin Group of Companies.

Elvis Pellumbi, CFO, +41 22 560 8600, info@shamaranpetroleum.com, www.shamaranpetroleum.com

This information is information that ShaMaran Petroleum Ltd. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 8:00 CET on October 20, 2026.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

The Company’s certified advisor on Nasdaq First North Growth Market is FNCA Sweden AB.

Forward-Looking Statements

Matters discussed in this announcement may constitute forward-looking statements. The use of any of the words “will”, “expected”, “planned” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of certain future events. Certain information set forth in this news release contains forward-looking statements.

 

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