February 14, 2026
IIT Madras Research Park (IITMRP) and Unicorn India Ventures have launched the “IITM Unicorn Frontier Fund I,” a INR 6 billion deep technology fund with an additional INR 4 billion greenshoe option. The fund will invest in intellectual property-led, engineering-focused startups in sectors including robotics, space technology, defence technology, semiconductors and medical technology that align […]
February 13, 2026
Lokesh Machines Limited has received a supply order valued at INR 63.04 million from the Directorate General, Assam Rifles, Ministry of Home Affairs, Government of India. The order covers the supply of 9x19mm Carbine along with accessories, essential spares and gauges, and is to be executed within 90 days from the date of issue of […]
February 13, 2026
LAPP Group reported sales of EUR 1.93 billion in fiscal year 2025, driven by double-digit growth in Asia-Pacific and the Americas. India, China and South Korea were identified as key growth drivers, helping the company offset weaker business conditions in Europe and stabilise performance after a decline in the previous year. The Stuttgart-based company achieved […]
February 13, 2026
BASF is expanding its dispersions production capacity at its Mangalore site in India with the addition of a new production line. The move is intended to support demand from the architectural paints, construction chemicals and paper industries, and to enhance local supply reliability. “The expansion of our Mangalore site will strengthen synergies across BASF’s Asia […]
February 13, 2026
Mahindra & Mahindra Ltd. announced the expansion of its Advanced Research and Development Centre and additional testing facilities at Mahindra Research Valley in Chennai on 12 February 2026. The company said the expansion involves a fresh investment of approximately INR 1.96 billion and is expected to create around 2,000 additional jobs. The investment is aimed […]
February 13, 2026
Gorlan India inaugurated a new manufacturing facility in Coimbatore, Tamil Nadu, marking an expansion phase for the Gorlan Group’s operations in India. The development transitions the company from its established 26-year presence in the country into a larger-scale manufacturing hub focused on low-voltage switchgear production and exports. The inauguration was led by Jose Julio Gómez […]
February 13, 2026
Balu Forge Industries Limited reported consolidated revenue from operations of INR 8,438 million for the nine months ended 31 December 2025, representing a 29.0 percent increase year-on-year. Profit after tax (PAT) for the period rose 36.8 percent year-on-year to INR 1,932 million, reflecting margin expansion during the reporting period. Revenue from operations in the third […]
February 12, 2026
Dynamatic Technologies Limited reported a 34.7 percent year-on-year increase in consolidated revenue for the quarter ended 31 December 2025, with Aerospace contributing 50 percent of total revenue and Hydraulics margins showing recovery following restructuring measures. The results reflect a shift in segment mix and operational performance across its three business verticals. The Aerospace segment reported […]
February 12, 2026
ZF Commercial Vehicle Control Systems India Limited announced the appointment of Mukund Govindarajan as Regional Operations Officer in the capacity of Senior Management Personnel, effective 4 February 2026. Mukund Govindarajan succeeds M.S. Ravikumar who retired as Regional Operating Officer of ZFCVCS India after 39 years of service. Govindarajan has over 35 years of experience in […]
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 […]
