February 20, 2026
Inbound Aerospace has signed a memorandum of understanding to establish an advanced aerospace and space systems manufacturing facility in Chennai with an investment of INR 1 billion. The proposed facility will support the production of recoverable and reusable spacecraft systems and associated subsystems. The unit will undertake advanced composites fabrication, precision machining, avionics integration and […]
February 20, 2026
Bharat Electronics Limited (BEL) and SASMOS HET Technologies Ltd signed a memorandum of understanding (MoU) on 16 February 2026 to collaborate on advanced defence technologies. The agreement was signed in Bengaluru and focuses on co-development and co-indigenisation across multiple defence domains. The MoU covers collaboration in Fibre Optics and Photonics, Tank Electronics, Naval Systems and […]
February 20, 2026
Unimech Aerospace and Manufacturing Limited is expanding beyond its core aero tooling operations into precision components, nuclear energy and semiconductors as part of a strategy to reduce sectoral and geographic concentration, while reporting a record order book of INR 2.1 billion as of 12 February 2026. The company expects its revenue mix to shift over […]
February 19, 2026
Jindal Saw Limited said that the American Petroleum Institute (API) has issued a suspension letter restricting the company from affixing the API monogram on its API seamless pipes following certain non-conformances observed during an audit. The development was disclosed on 18 February 2026. The company said that during the API audit certain non-conformances were observed […]
February 19, 2026
Wipro Kawasaki Precision Machinery Pvt. Ltd., the Indian subsidiary of Kawasaki Heavy Industries, Ltd., has reached 200,000 units in cumulative shipments of hydraulic pumps and hydraulic motors to Indian domestic customers as of 30 January 2026. The milestone marks a doubling of cumulative shipments from 100,000 units recorded in February 2023. “Moving forward, we will […]
February 19, 2026
MinebeaMitsumi signed a memorandum of understanding (MoU) with the Government of Tamil Nadu to establish a multi-functional semiconductor and advanced precision components manufacturing and research and development (R&D) facility in Tiruvallur. The facility will manufacture insulated-gate bipolar transistor (IGBT) modules and high-precision components for manufacturing and mobility applications. The project is expected to create 1,400 […]
February 18, 2026
Bharat Forge Limited has signed a memorandum of understanding (MoU) with VVDN Technologies to explore a strategic collaboration across automotive, defence and data centre domains. The agreement was announced on 18 February 2026 and aims to jointly pursue opportunities in next-generation technologies across automotive, defence, artificial intelligence (AI), and data centre segments. The MoU records […]
February 18, 2026
Bharat Electronics Limited (BEL) signed a joint venture agreement with Safran Electronics & Defense (SED), France, to establish a joint venture company for the production of the Highly Agile Modular Munition Extended Range (HAMMER) smart precision-guided air-to-ground weapon in India. The operationalisation of the agreement is subject to regulatory and administrative approvals in both countries. […]
February 18, 2026
Uniparts India Limited reported a 35 percent year-on-year increase in revenue for the quarter ended 31 December 2025, supported by new business wins and improving demand across construction and agriculture segments. The company reiterated a mid-teens revenue growth outlook for both FY26 and FY27. Revenue from operations in Q3 FY26 stood at INR 2.81 billion, […]
February 17, 2026
Centum Electronics Limited has discontinued operations of its Canada-based subsidiaries and approved restructuring actions for its French subsidiaries as part of a strategic portfolio realignment. The measures are aimed at exiting loss-making overseas operations and sharpening focus on high-growth electronics system design and manufacturing activities. According to a press release issued by the company on […]
