HMT Limited, a public sector enterprise under the Ministry of Heavy Industries, has signed a memorandum of understanding (MoU) with Rosatom Additive Technology (RosAT) of the Russian Federation to jointly manufacture additive technology machines. The agreement was signed on 17 March 2026 at the HMT Corporate Office in Bengaluru and focuses on developing domestic capabilities […]
International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI) has established a pilot plant for the manufacture of neodymium-iron-boron (Nd-Fe-B) rare earth permanent magnets in Hyderabad. The facility is intended to support the development of domestic manufacturing capabilities for critical materials used in electric vehicles, renewable energy systems, electronics, and advanced manufacturing. According […]
Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) will add a third production line at its second manufacturing plant in Tapukara, Alwar district, Rajasthan, with operations scheduled to commence in 2028. The new line will have an annual production capacity of 670,000 units, increasing the total capacity of the plant to 2.01 million units. HMSI […]
Samvardhana Motherson International Limited on 19 March 2026 approved the execution of a joint venture agreement with Hellmann Worldwide Logistics (MESA) Holding Limited to establish a new logistics entity in Dubai, United Arab Emirates. The partnership is aimed at providing integrated supply chain services to the automotive sector and expanding logistics capabilities across global markets. […]
GE Vernova has appointed Jeyamani M Doss as Chief Technology Officer (CTO) for India and General Manager, India Engineering – Gas Power, along with his role as Site Leader for the John F. Welch Technology Centre (JFWTC) in Bangalore. He will also serve as Executive Director on the Board of GE Renewable Energy Technologies Pvt. […]
Bosch Limited said it will enter into a joint venture with Tata Autocomp Systems Limited to establish a manufacturing business for e-axles and electric traction motors in India. The board approved the proposal on 18 March 2026, and the agreement is scheduled to be executed on 23 March 2026, subject to regulatory approvals and agreed […]
Amara Raja Design Alpha Private Limited (ARDA), an engineering research and development firm within the Amara Raja Group, has developed an indigenous Power Conditioning Cabinet (PCC) for naval sonar systems, marking its entry into mission-critical defence electronics. The system is designed to support loads of up to 160 kW and is intended for use in […]
Larsen & Toubro’s Special Steels and Heavy Forgings (LTSSHF) has dispatched multiple marine shaft shipsets to domestic customers, marking a shift towards local manufacturing of components that were previously imported. The dispatch, flagged off on 17 March, includes complete propulsion shaft line assemblies comprising multiple shaft types for marine applications. Each shipset consists of two […]
The India-European Union Trade and Technology Council (TTC) held its second workshop on electric vehicle (EV) charging technologies from 15 to 17 March 2026 at the Joint Research Centre (JRC) in Ispra, Italy. The workshop focused on strengthening cooperation on standardisation, smart and bidirectional charging, megawatt charging systems, and wireless power transfer. The programme brought […]
RenewSys India Pvt. Ltd. inaugurated a 3 GW solar module manufacturing facility at IndoSpace Industrial Park in Khopoli, Maharashtra, in March 2026. The expansion increases the company’s total solar module manufacturing capacity to 5.6 GW and adds to its production footprint in western India. The facility spans over 700,000 square feet and is designed as […]
