Patil Automation Limited announced that its Board of Directors has approved the formation of a proposed subsidiary, PAL Green Energy, to expand the company’s automation capabilities into the renewable energy sector. The proposed subsidiary will focus on the development and manufacturing of automated solar tracker systems, indexers, and other structural components used in solar and […]
OBSC Perfection Limited, an India-based manufacturer of precision metal components, has begun development of a new greenfield manufacturing facility at the SUPA-PARNER Industrial Park in MIDC Supa, Maharashtra. The project spans 8.4 acres of land and will include a 34,000 square metre integrated manufacturing facility designed to consolidate multiple production processes at a single site. […]
ABB is expanding its manufacturing footprint in Bengaluru through new facilities aimed at supporting sectors including data centres, metro systems, renewable energy, infrastructure and metals. The company has begun construction of an integrated Motion facility in Peenya and inaugurated the Electrification and Automation Nelamangala Campus 2 on Kunigal Road. The expansion includes new shopfloors, additional […]
HFCL Limited has entered into a long-term supply agreement with an international customer for the supply of optical fiber cables (OFC) through its overseas wholly owned subsidiary. The contract has a potential value of approximately USD 1.10 billion, equivalent to about INR 101.59 billion, and will be executed through December 2030. The company said that […]
The Department-Related Parliamentary Standing Committee on Industry presented its Three Hundred and Thirty-Third (333rd) Report on the Demands for Grants (2026–27) of the Ministry of Micro, Small and Medium Enterprises (MSME) to Parliament on 11 March 2026. The report examines budget allocations, implementation of flagship schemes, credit support mechanisms, and structural challenges affecting the MSME […]
The Department-Related Parliamentary Standing Committee on Industry has submitted its 332nd Report to Parliament reviewing the Demands for Grants for the Ministry of Heavy Industries for 2026–27. The report highlights a budgetary shortfall, uneven progress in electric vehicle (EV) schemes, and delays in battery manufacturing and industrial incentive programmes. In an official statement, the committee […]
Simplex Castings Limited has received an order from Bharat Heavy Electricals Limited (BHEL) in Varanasi for the supply of fabricated and machined assemblies for an 803 horsepower (HP) mill. The order has a total value of INR 72.57 million and relates to components used in the power and heavy engineering sector. The order includes the […]
Calcom Vision Limited has entered into a business association with Goldmedal Electricals to manufacture a range of LED lighting products at its facility in Greater Noida, Delhi National Capital Region. The engagement is expected to contribute an estimated annual revenue of INR 200 million to INR 250 million to Calcom Vision at steady-state capacity. The […]
Jindal Steel Limited said it has been declared the preferred bidder for the Thakurani-A1 iron ore block in Keonjhar district of Odisha following the conclusion of an online auction conducted by the Government of Odisha. The block covers an area of 202 hectares and forms part of a mineral block auction round notified in December […]
Airbus Helicopters and Garuda Technologies Inc. have signed a contract covering the delivery of up to 18 Flexrotor uncrewed aerial systems (UAS) to support civil and parapublic missions. The agreement will allow Garuda to provide Flexrotor-based services to customers through dry and wet lease models for activities including infrastructure inspection, law enforcement, search operations, wildfire […]
