BIADS India Private Limited, a joint venture between Brakes India Private Limited and ADVICS Company Limited, inaugurated its new greenfield manufacturing facility in Shoolagiri, near Hosur, Tamil Nadu. The facility will focus on the production of advanced braking solutions, including electronic stability control (ESC) and other brake control products, for the Indian light vehicle market. […]
The Government of India has approved the Bharat Audyogik Vikas Yojna (BHAVYA), with an allocation of INR 336.6 billion to develop 100 plug-and-play industrial parks across the country. The scheme aims to strengthen industrial infrastructure and support manufacturing-led growth by enabling faster project implementation and reducing entry barriers for investors. In an official statement, the […]
Aerpace Industries Limited has commissioned its integrated research and development (R&D) and manufacturing facility in the Chakan industrial region of Pune. The facility is intended to support the company’s renewable energy and defence manufacturing verticals. A soft launch event was conducted at the facility along with an all-employee strategic alignment session. The session included a […]
The Ministry of Defence launched 107 innovation challenges under the Innovations for Defence Excellence (iDEX) framework at the National Defence Industries Conclave held in New Delhi on 19 March 2026. The initiative is aimed at advancing domestic defence manufacturing capabilities and strengthening participation from start-ups and micro, small and medium enterprises (MSMEs). In an official […]
NTPC Limited signed a memorandum of understanding (MoU) with Octopus Energy Group on 19 March 2026 in New Delhi to explore collaboration across the power and energy sector. The agreement outlines a framework to identify and pursue opportunities in areas including electricity distribution, renewable energy, and digital energy platforms. The MoU establishes a non-binding framework […]
Titagarh Rail Systems Limited and Bharat Heavy Electricals Limited (BHEL) have approved the formation of a joint venture to undertake maintenance of Vande Bharat sleeper trains. The approvals were granted separately by the boards of both companies on 19 March 2026. The company said in a stock exchange filing that the joint venture will be […]
Simplex Castings Limited announced on 18 March 2026 that it has secured an order valued at INR 130.2 million from Thyssenkrupp Group for the supply of coke oven door systems. The order includes multiple components used in coke oven batteries, which are integral to steel production processes. The contract covers the supply of 80 sets […]
KKR announced on 18 March 2026 that it will commit up to USD 310 million to form a strategic partnership with Allfleet India Private Limited and PMI Electro Mobility Solutions Private Limited to expand an electric bus platform in India. The transaction includes the acquisition of a majority stake in Allfleet and a minority stake […]
Tsuyo Manufacturing, an electric mobility company and e-mobility component manufacturer, has received clearance from the Government of Karnataka to establish an EV powertrain manufacturing and validation facility in the Hubli-Dharwad region. The project will be developed on a 20-acre site with an investment of INR 2.5 billion and will focus on integrated manufacturing and testing […]
Goodluck Defence & Aerospace Limited, a subsidiary of Goodluck India Limited, has commenced its first overseas dispatch of 155 mm heavy calibre empty shells from its manufacturing plant in Uttar Pradesh. The shipment forms part of an export order valued at USD 6 million and marks the company’s entry into international defence supply deliveries. The […]
