May 24, 2025
MTAR Technologies closed FY25 with an order book of INR 9.79 Billion, supported by INR 7.20 billion in new orders across sectors such as civil nuclear power, fuel cells, hydro power, aerospace, and defence. The company is advancing several new product initiatives, including first article manufacturing for clients like Fluence, Weatherford, and Israel Aerospace Industries, […]
May 24, 2025
Nibe Limited, a manufacturing company in the defence and aerospace sectors, has secured an international purchase order valued at USD 17.52 million (approximately INR 1.51 billion) for the manufacture and supply of Universal Rocket Launchers with a range of up to 300 kilometres. The contract is scheduled for completion on or before November 2027. The […]
May 24, 2025
Agnikul Cosmos, a Chennai-based spacetech startup, has conducted a successful test of an electric motor-driven semi-cryogenic rocket engine. The engine was throttled to different levels of thrust by varying the speed of the electric motor. The test marks a development milestone for the company as it prepares for clustered engine firings. The semi-cryogenic engine, named […]
May 24, 2025
Syrma SGS Technology Limited, a producer of electronic systems, has entered into a manufacturing agreement with Dynabook Singapore Pte. Ltd. to produce laptops in India. This marks the second international order secured by Syrma SGS in 2025. Under the agreement, Syrma SGS will manufacture Dynabook’s range of laptops for enterprise customers and public sector clients […]
May 24, 2025
Tata Steel has completed the Phase II expansion of its Kalinganagar plant in Odisha, increasing its crude steel production capacity from 3 million tonnes per annum (MTPA) to 8 MTPA. The company has invested INR 270 billion in this expansion project. The enhanced facility, located in Jajpur district, is set to produce advanced high-strength steel […]
May 24, 2025
Piovan India, a provider of automation systems, is in the final stages of completing its new facility in Pune. The upcoming facility is positioned as a new base for Piovan India, which has been engaged in expanding its presence in the country. In 2024, the group acquired an additional 1% equity in Nu-Vu Conair Private […]
May 24, 2025
Sicona Battery Technologies has entered into a technology licensing agreement with Himadri Speciality Chemical Ltd, including an AUD 15 million investment by Himadri to support the scale-up of Sicona’s SiCx Silicon Carbon anode material. The funding will be used to expand Sicona’s pilot operations in Australia and support global commercialisation efforts through new production facilities. […]
May 24, 2025
RenewSys, a manufacturer of solar PV modules and key components, has announced the addition of eight new encapsulant manufacturing lines at its Khopoli facility as part of its capacity expansion strategy. The company aims to reach a cumulative installed encapsulant manufacturing capacity of 30 GW. Seven of the new lines are operational, with four more […]
