Zen Technologies Limited has received orders worth INR 4.04 billion from the Ministry of Defence, Government of India, for the supply of counter-drone systems and training-related equipment. The contracts are to be executed within one year. According to the company’s filing with the stock exchanges, the aggregate order value includes INR 3.32 billion for the […]
NBC Bearings announced its entry into the advanced drone technology segment through the acquisition of a minority stake in Ahamani EV Technology India Private Limited, expanding its presence beyond traditional motion solutions into emerging aerial technology applications. The company has acquired a 30 percent equity stake in Ahamani India for an undisclosed amount, marking a […]
Mercedes-Benz has strengthened its manufacturing footprint in India by commencing local assembly of the Mercedes-Maybach GLS Celebration Edition at its Chakan plant near Pune, signalling a deeper commitment to localisation as it sharpens its focus on high-value and ultra-luxury segments. The localisation move coincides with the launch of the all-electric EQS SUV range, reflecting a […]
Automotive Component Manufacturers Association of India (ACMA) said India’s auto component industry recorded steady growth in the first half of FY26, supported by domestic demand and a resilient aftermarket, even as exports faced pressure from higher tariffs in key overseas markets, particularly the United States. Automotive Component Manufacturers Association of India (ACMA) reported that industry […]
The Ministry of Heavy Industries concluded 2025 with a sustained focus on strengthening India’s capital goods and machine manufacturing ecosystem, alongside continued scale-up of electric vehicle and battery programmes, as multiple incentive and technology schemes recorded measurable outcomes during the year. Implementation of the Scheme on Enhancement of Competitiveness in the Indian Capital Goods Sector […]
Bosch Limited hosted German Federal Chancellor Friedrich Merz at its Adugodi campus in Bengaluru on 13 January 2026 during his official visit to India, reflecting ongoing industrial and technological engagement between India and Germany. The visit took place at Bosch’s India headquarters, where the delegation was received by Guruprasad Mudlapur, President of the Bosch Group […]
Misochain Technologies, a Bengaluru-based aerospace manufacturing company, has raised INR 180 million in its Series A funding round led by Capital A. The capital will be used to establish a manufacturing facility for flight-critical aerospace components, accelerate certification programmes, and scale engineering, testing, and maintenance, repair and overhaul (MRO) capabilities for unmanned aerial vehicle (UAV) […]
MAN Industries (India) Limited has secured new orders worth approximately INR 5.5 billion for the supply of coated line pipes and related pipe solutions. The orders were received from a mix of domestic and international customers and are intended for energy and infrastructure projects. The newly secured contracts are expected to be executed over a […]
Lloyds Engineering Works Limited will design, manufacture and sell acid-less steel pickling systems based on Eco Pickled Surface Generation 4 technology following a licensing and purchase arrangement with United States-based The Material Works Limited. The development expands the company’s product portfolio in flat rolled steel processing equipment and provides it with international commercial rights, subject […]
Healthium Medtech, a precision medtech company based at Sri City, has expanded its manufacturing capacity with the inauguration of a new facility at its existing campus. The expansion is aimed at increasing output of medical devices and strengthening local manufacturing for both domestic and export markets. Healthium Medtech has been operating at Sri City since […]
