November 8, 2025
LAT Aerospace, a Gurgaon-based aerospace technology company, has opened a new 50,000 square foot research and development headquarters and initiated work on its first hybrid-electric aircraft demonstrator. The company is in the process of setting up a powertrain laboratory, a hardware-in-the-loop simulation (HILS) setup, and an in-house wind tunnel. These facilities will enable deeper experimentation […]
November 7, 2025
Burkhan World Investment (BWI), through its subsidiary The Ghazi Group (TGG), will invest INR 15 billion (approximately USD 180 million) to establish a facility for manufacturing artificial intelligence (AI) servers in Karnataka. The plant will be located near Devanahalli, on the outskirts of Bengaluru, and is expected to strengthen the state’s advanced electronics and export […]
November 6, 2025
Minda Corporation Limited, a supplier of automotive components and systems, has announced plans to invest INR 20 billion over the next five years to expand manufacturing, strengthen localisation, and accelerate its electric vehicle (EV) product portfolio. The announcement was made during the company’s earnings call for the second quarter of the financial year ending March […]
November 6, 2025
Fluid Controls Limited, a manufacturer of precision-engineered tube fittings and valves for industrial and defence applications, is planning to establish a new manufacturing facility in Karnataka with an investment of INR 900 million. According to an official statement from Karnataka’s Industries Minister M.B. Patil, the company has applied through the Karnataka Udyog Mitra (KUM) portal […]
November 6, 2025
Sedemac Mechatronics Private Limited, a developer of intelligent powertrain and control solutions, plans to invest INR 1 billion in setting up a new manufacturing facility in Karnataka. The proposed investment was discussed during the Karnataka government’s road show held in Pune. According to an official statement by Karnataka’s Minister for Large and Medium Industries and […]
November 6, 2025
Kirloskar Ferrous Industries Limited, part of the Kirloskar group, has announced an investment of INR 30 billion over the next three years for the development of its Hiriyur plant in Karnataka’s Chitradurga district. The expansion aims to strengthen the company’s steelmaking and iron ore processing capabilities while adding new capacity for sponge pipe production. According […]
November 6, 2025
MTAR Technologies Limited, a manufacturer of precision-engineered systems for clean energy, aerospace and defence applications, reported consolidated revenue of INR 1.36 billion for the second quarter of the financial year 2025–26, ended 30 September 2025. Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) stood at INR 170 million, while profit after tax was INR […]
November 6, 2025
Balkrishna Industries Limited, a manufacturer of off-highway and specialty tires, is maintaining its annual capital expenditure of about INR 20–22 billion for the current financial year to expand tire and carbon black production capacity, even as exports remain affected by higher U.S. import tariffs. The investment is part of a three-year programme totalling INR 35 […]
November 5, 2025
Tube Investments of India Limited (TII), part of the Murugappa Group, is expanding its manufacturing footprint and capacity across core and emerging businesses while maintaining steady growth momentum in the second quarter of FY2025–26. Capacity utilisation across TII’s engineering plants stood at 80 to 85 percent during the September quarter. The company commenced commercial production […]
November 5, 2025
Venus Pipes & Tubes Ltd. has commenced operations at a seamless pipes and tubes production line with a capacity of 1,800 metric tonnes per annum (MTPA) at Dhaneti, Gujarat, the company announced on 5 November 2025. The new line raises the company’s total seamless pipes and tubes capacity to 16,200 MTPA, and additional capacity expansions […]
