February 12, 2026
Carraro India Limited is expanding its axle manufacturing capacity from 115,000 units to up to 154,160 units over the next 18 months, following a Board-approved capital outlay of INR 623 million. The plant is currently operating at over 90 percent utilisation, and the expansion is aligned with demand from agricultural and construction equipment segments. “The […]
February 12, 2026
Automotive Axles Limited said it will add capacity beginning in the first quarter of FY27, with full expansion expected by the third quarter of FY27, aligning with an industry outlook of around 500,000 medium and heavy commercial vehicle (M&HCV) units. The company said current capacity utilisation stands at around 80 percent, providing near-term flexibility to […]
- Electric Mobility
- Industry
February 11, 2026
Tube Investments of India Limited plans to invest an additional INR 5 billion to INR 7.5 billion in its electric vehicle (EV) business from the parent balance sheet, even as the segment continues to report losses. The proposed capital infusion signals continued strategic commitment to scaling clean mobility operations. “It will definitely be at least […]
February 11, 2026
The Gas Turbine Research Establishment (GTRE), a Bengaluru-based laboratory under the Defence Research and Development Organisation (DRDO), has issued an Expression of Interest (EoI) inviting Indian industry to establish domestic manufacturing infrastructure for indigenous aero gas turbine engines. The initiative aims to transition laboratory-developed designs into flight-ready hardware and create sustained in-country production capability. In […]
February 11, 2026
Solar Industries India Limited’s defence manufacturing operations are moving into execution mode, with Pinaka rocket supplies scheduled to begin in the fourth quarter of FY2025–26. The ramp-up is supported by a defence order book of approximately INR 180 billion and the expected commercial start of 155 mm ammunition production. The company reported a consolidated order […]
- Electrical
- Energy & Power
February 11, 2026
Time Technoplast Limited announced that its subsidiary, PowerBuild Batteries Private Limited, has entered into a business collaboration and exclusive distribution agreement with Monbat AD, a company listed on the Bulgarian Stock Exchange – Sofia. The agreement establishes a multi-year commercial collaboration to distribute advanced battery solutions in India. Under the arrangement, PowerBuild will exclusively distribute […]
February 11, 2026
Triveni Engineering & Industries Limited has commenced manufacturing operations at its new defence facility as the company advances its proposed demerger of the Power Transmission business and amalgamation of Sir Shadi Lal Enterprises Limited (SSEL). The developments form part of a broader restructuring aimed at operational separation and efficiency. The defence facility, for which the […]
February 10, 2026
Oliver Valves India Private Limited has moved into a new purpose-built manufacturing facility with a built-up area of 45,000 square feet in New Vellanur, Chennai. The transition was completed with the relocation of all machinery by 15 December 2025, and the facility became fully operational on 2 January 2026, expanding manufacturing capacity and functional scope […]
