India has approved a national scheme with a financial outlay of INR 72.8 billion to establish domestic capacity for producing sintered rare earth permanent magnets (REPM). The programme aims to build 6,000 metric tons per annum of integrated REPM manufacturing, spanning the conversion of rare earth oxides into metals, alloys, and final magnet products. In […]
Jyoti CNC Automation Limited has commenced operations at its expanded Huron Graffenstaden facility in Strasbourg, France. The expansion was completed on 19 November 2025 and doubles the company’s production capacity at the site. The additional capacity is positioned to support rising global demand for high-precision machining systems, particularly in export-driven segments. The expansion forms part […]
Azad Engineering Limited has entered into a long-term arrangement with Pratt & Whitney Canada Corp. for the development and manufacturing of aircraft engine components. The company disclosed the development in a stock exchange filing dated 18 November 2025, stating that the agreement is structured as both a Master Terms Agreement and a Purchase Agreement. According […]
Jeh Aerospace, a Hyderabad-based manufacturer of precision aerospace and defence components, has launched its new facility named Mach 2 at Horizon Industrial Parks, Kothur, Hyderabad. The 200,000 sq ft site expands the company’s Hyderabad footprint to over 250,000 sq ft and is intended to serve as a “software-defined, AI-augmented” manufacturing hub for complex flight-critical parts. […]
Larsen & Toubro Limited has secured a contract from the Indian Army for the licensed manufacturing of the BvS10 Sindhu, an articulated all-terrain vehicle designed for deployment across high-altitude, desert, marshland and amphibious environments. The vehicles will be produced at the company’s Armoured Systems Complex in Hazira with design and technical support from BAE Systems […]
Hindustan Aeronautics Limited (HAL), the state-owned aerospace manufacturer, signed a contract with Hensoldt Sensors GmbH for the transfer of design, intellectual property rights, and manufacturing capability for an Obstacle Avoidance System (OAS) and Degraded Visual Environment (DVE) technology for helicopter platforms. The agreement was concluded on 19 November 2025 at the Dubai Air Show. The […]
Rourkela Steel Plant (RSP), operated by Steel Authority of India Limited, is set for a major expansion that will raise its crude steel capacity to 9.8 million tonnes by 2030. The plan follows a review of the plant’s current operations, ongoing projects and the outlook for steel and mining output in Odisha. The review examined […]
Axirium Aerospace has raised USD 3.5 million in seed funding to expand its precision manufacturing capabilities and establish its first production facility. The round was led by Shastra VC and BEENEXT, with participation from angel investors Ashish Gupta and PVS Raju. The company plans to use the capital to scale operations, strengthen engineering teams, and […]
Nidec Corporation has commenced production at its Orchard Hub manufacturing campus in the Kotur-Belur Industrial Area in Hubli-Dharwad, Karnataka. The facility was inaugurated on 14 November 2025 and represents a major expansion of the company’s manufacturing operations in India. The Orchard Hub spans 50 acres and comprises six manufacturing plants and an experience centre. Construction […]
Flying Wedge Defence and Aerospace Private Limited, a developer of unmanned aerial systems, has signed a memorandum of understanding (MoU) with the Government of Andhra Pradesh to set up a manufacturing and testing facility for autonomous combat aircraft. The planned 500-acre unit will support production of the company’s autonomous combat aircraft and the medium-altitude long-endurance […]
