Posts by Eashan Kumar

PowerBuild Signs Exclusive Distribution Agreement with Monbat AD for VRLA Stationary and Reserve Power Batteries in India

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 […]

Triveni Engineering advances defence manufacturing as Power Transmission demerger progresses

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 […]

Taural India starts production at aluminium sand-casting plant near Pune

Taural India, a manufacturer of aluminium sand-cast components, has commenced production at a new manufacturing facility in Supa, near Pune, following an investment of INR 5 billion. The new plant expands the company’s installed aluminium sand-casting capacity to 1,500 tonnes and is expected to support rising demand from multiple industrial sectors. The facility is designed […]

Tata AutoComp Systems inaugurates TM Automotive Seating, TACO Air plants in Sanand

Tata AutoComp Systems Limited inaugurated two new manufacturing plants in Sanand, Gujarat, expanding its manufacturing footprint in the western Indian automotive hub. The facilities are operated by TM Automotive Seating System Private Limited and TACO Air International Thermal Systems Private Limited and are intended to support growing demand from automotive original equipment manufacturers. The two […]

India launches PLI Scheme 1.2 for specialty steel, backing 85 projects with INR 118.87 billion in committed investment

The Government of India has launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, designated as PLI Scheme 1.2, with the signing of 85 memoranda of understanding (MoUs) involving 55 companies. The projects entail a committed investment of INR 118.87 billion and are expected to add 8.7 million tonnes of specialty […]

Nelcast Limited reports higher Q3FY26 profit on margin expansion and domestic demand

Nelcast Limited reported higher revenue and a sharp increase in profit for the quarter ended 31 December 2025, supported by improved operating margins, cost optimisation measures, and stronger domestic demand across key end-use segments. “Q3 has been an encouraging quarter for us, supported by strong domestic demand in the M&HCV and tractor segments,” said Deepak […]

Birla Precision Technologies rebrands to expand focus on aerospace, defence and advanced manufacturing

Birla Precision Technologies Limited announced a rebranding initiative as part of a strategic shift towards high-precision and emerging industrial sectors. The move reflects the company’s intent to diversify its business portfolio and strengthen its position across technology-driven manufacturing segments. Birla Precision Technologies stated that it is scaling its precision machining capabilities while developing application-specific product […]