Afcons Infrastructure Limited has been awarded a contract by Hindustan Gateway Container Terminal Kandla Private Limited, a group entity of DP World, for the design and construction of the marine package of a container terminal at Tuna Tekra, India. According to a press release issued by Afcons Infrastructure, the contract is valued at Rs. 1,283 […]
ThinkMetal, a deeptech startup specializing in metal 3D printing, has raised $800,000 in a pre-Series A funding round. The investment was led by YourNest Venture Capital through the YourNest-SanchiConnect Velocity Program 2024, with additional participation from Concept Communications and Sanchi Connect. The company had previously secured $300,000 in a seed round led by 100X.VC, with […]
SiCSem Private Ltd, a company specializing in semiconductor materials for power electronics, has initiated the construction of a compound semiconductor manufacturing facility in Bhubaneswar. The project, valued at Rs 2,500 crore, was marked by a virtual ground-breaking ceremony during the Utkarsh Odisha-Make in Odisha Conclave-2025. The facility, to be located at Infovally-2, will cover 14.32 […]
Sealmatic India Limited has received an order from Bharat Heavy Electricals Limited (BHEL) for the supply of 96 supercritical mechanical seals and 8 auxiliary skids. According to a press release issued by Sealmatic India, the order is from a domestic entity and is expected to be executed within 24 weeks. No financial details of the […]
L&T Technology Services Limited (LTTS) has signed a multiyear, $80 million agreement with a U.S.-based manufacturer of industrial products and solutions. The contract involves establishing a Center of Excellence (CoE) in India to support the client’s digital transformation and product lifecycle management initiatives. Under the agreement, LTTS will integrate advanced digital technologies, including connected products […]
DEE Development Engineers, an engineering company that produces specialized process piping solutions, has announced the establishment of a new manufacturing facility in Anjar, Gujarat, with an investment of INR 250 crore. The plant has an initial production capacity of 9,000 tonnes per annum, with plans to expand to 12,000 tonnes per annum in the second […]
KASFAB Tools, a subsidiary of KAS Group under UHP Technologies and KASTECH Equipment, has launched a semiconductor equipment manufacturing facility in Doddaballapur, Karnataka. The facility spans 20,000 square feet and is designed to cater to global semiconductor industry clients. According to a press release issued by the company, the facility includes Class 10 and Class […]
The Timken Company has announced plans to expand its manufacturing operations in Bharuch, Gujarat, India, with a new facility adjacent to its existing tapered roller plant. The new plant will produce spherical and cylindrical roller bearings to meet increasing customer demand. The facility, scheduled to open later this year, will focus on industrial bearing production, […]
Fujifilm Holdings has announced plans to invest ¥100 billion (approximately $640.5 million) by March 2027 to expand its global production capacity for semiconductor materials. The investment, which doubles the company’s spending over the past three years, is aimed at addressing rising demand fueled by new semiconductor fabrication plants in the United States, Japan, and South […]
The Directorate General of Shipping (DGS) and the Centre for Development of Advanced Computing (C-DAC) have entered into a Memorandum of Understanding (MoU) to enhance technological capabilities in India’s maritime sector. The agreement, signed on January 25, 2025, at an event hosted by the Ministry of Electronics and Information Technology (MeitY), aims to modernize maritime […]
