Happy Forgings Limited (HFL) has announced that its Board of Directors has approved a capital investment of up to Rs. 650 crore to establish advanced forging capabilities for the non-automotive industrial sector. The investment will be allocated over the next two to three years, with production expected to begin by the end of FY2027. The […]
Mahindra Group has announced plans to invest Rs 40,000 crore in Karnataka, with a focus on renewable energy, electric mobility, real estate, aerospace, and tourism. The announcement was made at the Invest Karnataka 2025 summit. A major portion of the investment, Rs 35,000 crore, will be directed towards renewable energy projects. Mahindra Susten, the group’s […]
Volvo Group has signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 1,400 crore in expanding its manufacturing operations in Hosakote, Bengaluru. The investment aims to establish the company’s fourth international manufacturing hub in India. The agreement was signed in the presence of Karnataka’s Large and Medium Industries Minister MB […]
German aerospace and defence manufacturers are showcasing their technological and production capabilities at Aero India 2025 through a dedicated pavilion organized by the Federal Ministry for Economic Affairs and Climate Action. The pavilion features 17 companies specializing in aerospace components, precision engineering, avionics, and defence systems. Exhibitors include AneCom AeroTest, FlexiCAM, Fraunhofer AVIATION & SPACE, […]
Cyient DLM has secured a production contract from Boeing Global Services (BGS) for precision-machined parts and assemblies. The agreement is part of an ongoing partnership between the companies in the aerospace sector. The contract covers the supply of high-precision components for Boeing’s operations. Cyient DLM specializes in manufacturing prototypes, small-batch production, box builds, and complete […]
Safran Aircraft Engines has signed a contract with Hindustan Aeronautics Limited (HAL) for the production of turbine forged parts for LEAP engines. The agreement was formalized at the Aero India trade show in Bengaluru. The contract follows a Memorandum of Understanding (MoU) signed in October 2023, which aimed to expand industrial cooperation in commercial engine […]