ArcelorMittal Building Solutions India inaugurated its first manufacturing plant in India on 12 February 2026 at Vile Bhagad, Maharashtra, marking the company’s entry into local production of building envelope solutions. The facility, located about 100 kilometres from Mumbai, was developed as a greenfield project and will function as a downstream finishing unit. The project was […]
Toyo Ink India Pvt. Ltd. inaugurated the artience Technology and Innovation Centre – India (aTIC-India) at the Indian Institute of Science (IISc), Bengaluru, marking the artience Group’s first research centre outside Japan. aTIC-India has been established in collaboration with the Indian Institute of Science and is located on its campus. The centre is intended to […]
Eicher Motors Limited said its motorcycle plants are operating at full capacity, producing about 4,300 to 4,400 units per day, as demand remained strong in the quarter ended 31 December 2025. The company produced around 110,000 motorcycles in the most recent month and has initiated discussions with suppliers to support further ramp-up. “Our team is […]
Defence Minister Rajnath Singh visited the Gas Turbine Research Establishment (GTRE) of the Defence Research and Development Organisation (DRDO) in Bengaluru on 16 February 2026 to review ongoing projects related to indigenous military gas turbine engine development. The minister was briefed on projects under development, collaboration with Indian industry, academia and research institutions, and support […]
Bharat Electronics Limited (BEL) inaugurated a Missile Integration facility at its Bengaluru premises on 16 February 2026 and flagged off the Akash 3rd and 4th Regiment Combat Systems while unveiling the Mountain Fire Control Radar. The company also remotely inaugurated a Centre of Excellence for Artificial Intelligence (CoE-AI) in Pune and formally launched its Artificial […]
Bharat Electronics Limited stated that its Board of Directors has approved the signing of a Joint Venture Agreement (JVA) with Safran Electronics and Defence, France, for Project HAMMER. The decision was taken at the board meeting held on 15 February 2026, and the operationalisation of the joint venture agreement is subject to regulatory and administrative […]
Patil Automation Limited has inaugurated a new Design Hub in Pune to strengthen its engineering and digital development capabilities as automation projects increase in scale and complexity. The facility, announced on 16 February 2026, is aimed at enhancing the company’s ability to design, simulate, and execute complex automation systems across industries. The Design Hub will […]
Larsen & Toubro Limited reported a 34 percent year-on-year increase in revenue from its Hi-Tech Manufacturing segment to approximately Rs 33 billion in the third quarter of FY26, driven by execution ramp-up in the Precision Engineering & Systems business. The Precision Engineering order book stood at Rs 315 billion as of December 2025, forming the […]
Talbros Automotive Components Limited said it has secured new orders worth over INR 10 billion across its standalone operations and joint ventures, with execution scheduled over the next five years and commercialisation beginning from FY27. The company also outlined a capital expenditure plan of INR 1.62 billion for FY27, in addition to INR 160 million […]
PPAP Automotive Limited has divested its entire 50 percent equity stake in PPAP Tokai India Rubber Private Limited (PTI) to Tokai Kogyo Co. Ltd. for a cash consideration of INR 1 billion. The transaction was concluded on 13 February 2026 pursuant to a settlement agreement effective from 1 January 2026. According to a press release […]
