Lokesh Machines Limited said it has received a domestic supply order valued at INR 220.05 million, inclusive of duties and taxes, for the supply of sub-assemblies and components for 9×19 millimetre machine pistols to the Ministry of Defence through Advanced Weapons and Equipment India Limited. The Hyderabad-based company disclosed in a stock exchange filing dated […]
Deem Roll Tech Limited has commenced commercial production at its newly established Unit II manufacturing facility in Ganeshpura, Mehsana district of Gujarat, marking the completion of a major capacity expansion funded through its 2024 initial public offering. The facility began commercial operations on 2 January 2026, following the initiation of trial runs in October 2025, […]
Nibe Limited has entered into a supply contract with the Indian Army under the Ministry of Defence for the manufacturing and supply of ground equipment, accessories, ESP and ammunition for a universal rocket launcher system. The total consideration for the contract is INR 2.93 billion, inclusive of all taxes and duties. The contract relates to […]
Remsons Industries Limited, a manufacturer of control cables and automotive components, has received a new supply contract from an Indian commercial vehicle original equipment manufacturer, according to a stock exchange filing dated 2 January 2026. The order covers the supply of gear shifters with push-pull cables and is valued at INR 600 million. The contract […]
Francois Compressors India Private Limited, the Indian subsidiary of Belgium-based AF Compressors (Ateliers François S.A.), has commenced construction of an extension to its manufacturing facility in Pune, marked by a stone laying ceremony held recently. The project forms part of the company’s long-term growth roadmap through 2030 and is intended to strengthen operational capabilities at […]
Titagarh Rail Systems Limited approved the transfer of its Shipbuilding and Maritime Systems business to its wholly owned subsidiary, Titagarh Naval Systems Limited, through a slump sale arrangement, as part of a restructuring aimed at sharpening its focus on railway systems. The decision was taken at a board meeting held on 31 December 2025, with […]
Arjas Steel Limited has commissioned a new ingot casting facility at its Tadipatri plant in Anantapur district of Andhra Pradesh, expanding its steelmaking capabilities and enabling expansion into higher-value, non-automotive applications. The facility was inaugurated by Bahirji Ajai Ghorpade, Chairman of Arjas Steel, in the presence of the company’s leadership team. The new ingot casting […]
Stallion India Fluorochemicals Limited has received environmental clearance for a proposed difluoromethane (R-32) manufacturing plant with an annual capacity of 10,000 metric tonnes at Bhilwara in Rajasthan, enabling the company to proceed with a key capacity addition in refrigerant manufacturing. The approval covers both the core product and associated by-products, and is a statutory requirement […]
Rolls-Royce is assessing plans to position India as a long-term “home market” outside the United Kingdom, as the British aero-engine manufacturer seeks to expand its presence across military aviation, naval propulsion, land systems and advanced engineering, according to a report by PTI. Rolls-Royce India Executive Vice-President Sashi Mukundan told PTI that the company is preparing […]
Mitsubishi Chemical Group is evaluating the establishment of a new manufacturing facility in India to produce methyl methacrylate (MMA), a core acrylic material used across automotive, industrial and consumer applications. The company is aiming to conclude a decision on the proposed investment by March 2027, with potential commercial production targeted around 2030, as it reviews […]
