October 31, 2025
Axiscades Technologies Limited and France’s Cilas S.A. have entered into a partnership to co-develop advanced counter-unmanned aerial system (C-UAS) technologies for the Indian armed forces. The collaboration will focus on integrating Cilas’ Helma-P high-energy laser weapon with Axiscades’ command and control systems to create a vehicle-mounted, laser-based anti-drone platform. Under the agreement, Axiscades will design […]
October 31, 2025
MTAR Technologies Limited, a Hyderabad-based precision engineering and manufacturing company, has received new orders valued at USD 29.95 million (approximately INR 2.64 billion) from an existing international customer. The contracts are part of the company’s ongoing business engagement with the customer and are scheduled to be executed over the next two years. The company stated […]
October 30, 2025
Ramsarup Industries Limited (RIL), part of Shyam Metalics and Energy Limited, will commission a modern blast furnace and linear sinter plant as part of its INR 3.69 billion investment to enhance steel production capacity. The blast furnace’s stove heating has commenced, and the facility is expected to begin commercial operations by the end of November […]
October 30, 2025
Lumax Auto Technologies Limited, a manufacturer of automotive systems and components, has inaugurated the Smart Hub for Innovation and Future Trends (SHIFT) Technology Centre in Bengaluru. The centre will support the company’s electronics engineering and digital development efforts as vehicles move towards greater software integration. The SHIFT Technology Centre will focus on in-cabin experience, advanced […]
October 30, 2025
The Defence Research and Development Organisation (DRDO) handed over 12 Licensing Agreements for Transfer of Technology (LAToTs) covering eight defence products to industry partners during the inaugural session of SAMANVAY 2025 in Bengaluru on 29 October 2025. The transfers were executed under the Electronics and Communication Systems (ECS) Cluster’s industry engagement framework to accelerate commercial […]
October 29, 2025
Tsuyo Manufacturing Private Limited, a New Delhi-based electric vehicle (EV) component maker, has raised USD 4.5 million in a funding round led by climate-focused venture capital firm Avaana Capital, with participation from several strategic investors. The funding will support the establishment of a new greenfield manufacturing plant, the creation of a research and development centre, […]
October 29, 2025
Tata Advanced Systems Limited (TASL) and Safran Aircraft Engines have inaugurated a new manufacturing facility at the Tata Centre of Excellence for Aero Engines in Adibatla, Hyderabad, to produce rotating parts for the CFM LEAP aircraft engine. The facility marks a key milestone in the strategic partnership between the two companies aimed at advancing aerospace […]
October 29, 2025
India’s maritime registry is emerging as a new focal point for global shipping as Mediterranean Shipping Company (MSC), Maersk, and CMA CGM — the world’s three largest container carriers — shift parts of their fleets under the Indian flag. The transition reflects the growing appeal of India’s reformed cabotage laws, expanding coastal trade, and government […]
October 28, 2025
Garden Reach Shipbuilders & Engineers Limited (GRSE) has signed a Memorandum of Understanding (MoU) with the Centre of Excellence in Maritime and Shipbuilding (CEMS) during India Maritime Week to strengthen cooperation in maritime education and training. The agreement aims to enhance industry–academia collaboration and support skill development initiatives in shipbuilding and related disciplines. According to […]
October 28, 2025
BEML Limited, Deendayal Port Authority (DPA), Delhi Metro Rail Corporation (DMRC), and Umeandus Technologies India Private Limited (UTIPL) have entered into a memorandum of understanding (MoU) to jointly develop the Enhanced Freight Transport System (e-FTS), an automated, rail-based freight mobility solution aimed at improving cargo handling efficiency across Indian ports. The MoU was exchanged during […]