Kinetic Engineering Limited announced a promoter group capital infusion of INR 400 million to strengthen its balance sheet and support expansion in electric vehicle (EV) and automotive component businesses. The development was disclosed on 11 March 2026 and comes as the company expands its activities in EV components, battery systems, and precision engineering. The investment […]
Hindustan Zinc Limited signed a memorandum of understanding (MoU) with CMR Green Technologies Ltd. on 10 March 2026 to establish a zinc alloy manufacturing facility in Rajasthan. The project will be located at Zinc Park, an industrial hub developed to support downstream zinc-based industrial applications. CMR Green Technologies will set up the unit to produce […]
Borosil Limited approved the establishment of a new glassware manufacturing facility in Bharuch, Gujarat, and the expansion of borosilicate glass furnace capacity at its existing plant in Jaipur, Rajasthan. The company’s Board of Directors approved the projects at its meeting held on 10 March 2026. The Bharuch project will involve an estimated capital expenditure of […]
Assurance Intl Limited has relaunched the ACDelco automotive aftermarket brand in India through an official licensing and strategic partnership with General Motors. The arrangement designates Assurance Intl as the official licensee for ACDelco in the country, responsible for manufacturing, marketing and distribution of selected aftermarket products. According to the company, the initial product portfolio includes […]
Indian Railways has approved infrastructure and technology upgrades valued at more than INR 7.65 billion across multiple sections of its network to strengthen operations, expand line capacity, and modernise communication systems. The works include upgrades to electric traction systems on two railway corridors and expansion of optical fibre communication infrastructure in Western Railway divisions. In […]
Karkhana has acquired Micron EMS Tech Pvt Ltd, a Bengaluru-based electronics manufacturing services (EMS) company, in an undisclosed transaction. The acquisition adds a dedicated electronics manufacturing facility in Bengaluru and marks an expansion of Karkhana’s operations from a manufacturing aggregation platform to an integrated electronics manufacturing partner. The acquisition brings a manufacturing unit of more […]
Paras Defence and Space Technologies Limited has received an order from the Defence Research and Development Organisation (DRDO), Ministry of Defence, for the development of a high precision optical system for air defence applications. The order is valued at approximately INR 802.8 million and is scheduled to be executed within 18 months from the date […]
Sunita Tools Limited said it has received 100 percent advance payment under an Interim Sales Agreement for the supply of NATO specification and standard 155 mm M107 empty shells as a prototype consignment. The advance payment relates to the first lot of prototype NATO standard shells that the company is required to supply under the […]
ABB India Limited announced on 09 March 2026 that it will invest about USD 75 million in India during 2026 to expand its manufacturing footprint and research and development capabilities across multiple locations. The investment will support production and technology development for electrification and automation solutions used in sectors such as renewable energy, metro rail, […]
Gudlyf Mobility Private Limited has signed an agreement with the Technology Development Board (TDB), Department of Science and Technology (DST), Government of India, for financial assistance to develop and commercialise indigenous high-pressure hydrogen storage systems. The project will support the development of composite-based hydrogen storage technology and the establishment of a manufacturing facility in Madurai, […]
