Thales on 16 February 2026 launched Thales Research & Technology India at its Engineering Competence Centre in Bengaluru, adding India to its network of five global corporate laboratories for Research & Technology. The launch was held during the week of the India AI Impact Summit and aligns with the India–France Year of Innovation 2026. According […]
Tenneco Clean Air India Limited announced plans to invest approximately INR 710 million in a new Clean Air greenfield plant in Kharkhoda, Haryana, with production targeted to begin in the third quarter of FY2027. The planned facility will strengthen proximity to its northern customer base and support awarded programmes across light vehicle, off-highway and tractor […]
Macpower CNC Machines Limited reported revenue of INR 861.5 million for the third quarter of FY26, up 43 percent year-on-year, alongside growth in its pending order book and progress on a new manufacturing facility. The company said the upcoming plant is expected to support higher production capacity and margin expansion. The company said in a […]
GMM Pfaudler Limited said 50 percent of its order intake over the first nine months of FY26 came from non-traditional industries, reflecting a shift away from its historical dependence on chemicals and pharmaceuticals. The company also secured large defence and nuclear project orders, positioning heavy engineering and mixing as key growth drivers. “What is also […]
Steel Strips Wheels Limited has entered into a tripartite agreement on 13 February 2026 with China-based Liuzhou Arays Technology Co., Ltd. and Hainan Jihoo Import & Export Co. Ltd. in connection with setting up an alloy wheel manufacturing facility at Bhuj, Gujarat. The agreement covers the selection, supply, installation and commissioning of machinery and equipment, […]
SpaceFields Private Limited, an Indian deep-tech startup based in Bengaluru specialising in the design and manufacturing of solid propulsion systems and energetic materials for aerospace and defence, has completed the design, manufacture and delivery of a solid propulsion system to a Naval Armament Inspectorate of the Indian Navy. Sudarshan Samal, Co-founder and CTO at SpaceFields […]
Hisense on Tuesday inaugurated its first manufacturing facility in India at Sri City in Tirupati district, Andhra Pradesh, marking the start of local production of air conditioners. Commercial production at the plant is scheduled to begin in February 2026 and is expected to support the company’s localisation and expansion plans in the Indian consumer durables […]
Bonfiglioli Transmissions Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering comprising an offer for sale of up to 46,998,958 equity shares of face value INR 10 each by its promoter, Bonfiglioli S.p.A. The company did not disclose the price band or […]
The Automotive Research Association of India (ARAI) has signed a memorandum of understanding (MoU) with wbk Institute of Production Science at Karlsruhe Institute of Technology (KIT), Germany, to collaborate on advanced manufacturing and circular factory research. The agreement formalises joint efforts in research and development across digital production systems, circularity, quality management, and talent development. […]
The Automotive Research Association of India (ARAI) has developed a dedicated test facility in Pune to calibrate Advanced Driver Assistance Systems (ADAS) for Indian road conditions. The infrastructure is intended to address validation requirements as ADAS features expand from premium vehicles to mass market segments. Spread across 20 acres, the ADAS Test City has been […]
