Garden Reach Shipbuilders and Engineers (GRSE) Ltd has delivered Himgiri, the first of three advanced guided-missile frigates being built for the Indian Navy under Project 17A. The handover took place on July 31, 2025, marking the 801st vessel delivered by the Kolkata-based shipyard. The 149-metre-long Himgiri has a displacement of 6,670 tonnes and is among […]
Sun Industries India has doubled the production capacity of its auto components facility in Chennai by installing new heavy engineering machinery, the company announced. The expansion aims to address rising client demand and supports the company’s growth strategy. The company noted that the expansion aligns with ongoing capacity growth and technological upgrades in Chennai’s auto component […]
Epiroc India, a manufacturer of industrial equipment, has launched a new utility vehicle for mining applications at the Hindustan Zinc Kayad site, marking its entry into a new product segment. The development is part of the company’s broader efforts to expand its manufacturing footprint and product offerings in India. The vehicle is designed to support […]
Varya Tech, a supplier of marine equipment and services, has secured a contract to supply ballast water treatment systems (BWTS) from Techcross Inc., South Korea, for eight 6,300 DWT multi-purpose general cargo vessels under construction at Udupi Cochin Shipyard Ltd. in Malpe, Karnataka. The vessels are being built for Norwegian ship owner Wilson ASA, based on […]
EPIC Foundation, a think tank focused on hardware innovation, has signed a memorandum of understanding (MoU) with the Fraunhofer Group for Microelectronics (VµE) to strengthen research and development in India’s electronics and semiconductor sectors. The collaboration aims to foster joint innovation between Indian and German institutions, with a focus on microelectronics technologies including sensors, MEMS, opto-electronics, […]
Tata Motors has reached a definitive agreement to acquire the commercial vehicle operations of Iveco Group in an all‑cash EUR 3.8 billion transaction, excluding Iveco’s defence business. The offer will be made through a wholly owned subsidiary, contingent upon completion of the defence‑unit separation, which will be acquired by Italian defense and space company Leonardo. […]
The BITS BioCyTiH Foundation at BITS Pilani has inaugurated a new Device Fabrication and Characterization Facility at its Goa campus. The facility was developed with support from the National Mission on Interdisciplinary Cyber-Physical Systems (NMICPS), under the Department of Science and Technology (DST), Government of India, to strengthen India’s semiconductor and micro-device innovation ecosystem. The […]
Schneider Electric, a provider of electrical equipment and infrastructure solutions, has agreed to acquire the remaining 35 percent stake in its Indian joint venture from Temasek for EUR 5.5 billion (USD 6.4 billion) in cash. The transaction will give Schneider Electric full ownership of Schneider Electric India. The company stated that the move will help accelerate […]
Kaynes Technology India Limited, an electronics manufacturing services company, has announced plans to acquire majority stakes in two aerospace manufacturing companies and a minority stake in a deep-tech firm, with a total investment of approximately INR 437.63 million. The company will acquire a 76 percent stake in Aerocaliph Components Private Limited for up to INR 6.03 […]
Chowgule & Company Pvt. Ltd., a shipbuilding and infrastructure development ccompany, has commenced construction of the first of six Air Cushion Vehicles (ACVs) for the Indian Coast Guard (ICG) at its shipyard in Goa. The vessels are being built under a contract worth INR 3,874.4 million, signed with the Ministry of Defence on 24 October 2024. […]
