MIC Electronics Ltd has signed a Memorandum of Understanding with Singapore-based Top2 PTE Ltd to identify and finalise a semiconductor fabrication partner from Taiwan. The companies plan to explore the feasibility of starting semiconductor wafer production in India with a proposed monthly capacity of 25,000 to 30,000 wafers, subject to negotiations and regulatory approvals. Alongside […]
The Indian Navy has entered into a contract worth INR 660 million with Odisha-based Coratia Technologies for the supply and development of Underwater Remotely Operated Vehicles (UWROVs). The systems will be deployed for tasks including hull cleaning, minor salvage operations, and surveys and inspections of submerged infrastructure. Coratia’s UWROV ‘Jalasimha’ has received Technology Readiness Level […]
Arm, a semiconductor and software design company, has inaugurated a new facility in Bengaluru, called The Impact Hub, which will focus on semiconductor research and development, including the design of chips at the advanced two-nanometre node. The centre was opened on 16 September in the presence of Rene Haas, CEO of Arm, and Ashwini Vaishnaw, […]
ASM Technologies Limited has signed a Memorandum of Understanding with the Government of Tamil Nadu to invest INR 2.5 billion in the state for expanding its design-led manufacturing capabilities in the Electronics System Design and Manufacturing (ESDM) sector. The company will acquire 5 acres of land from the state government to set up a new […]
India has exported the first four heavy-haul locomotives manufactured at the Marhowrah Diesel Locomotive Factory in Bihar to Guinea. The units were shipped from Mundra Port aboard the vessel MV BBC Washington in September 2025. The locomotives are part of an order for about 150 Evolution Series ES43ACmi diesel units placed by Simfer, a joint […]
Cyient Semiconductors has entered into a strategic partnership with Anora to expand turnkey test and validation solutions for semiconductor product development. As part of the collaboration, the companies will set up a semiconductor validation and production test floor in Bangalore, India, with clean room capabilities and equipment for volume production. The Bangalore facility will include […]
Schneeberger India is in the process of completing a new facility in Bangalore, Karnataka, as part of its plans to expand operations in the country. The site, located in Jigani Industrial Area, Bangalore, will serve as the registered and operational base of the company once ready. The Bangalore facility is expected to become the company’s […]
Versatile Bonds is investing INR 1 billion to set up a footwear adhesives manufacturing and research facility in Ranipet, Vellore district, Tamil Nadu. The project was announced during the Hosur Conclave on 11 September 2025, where the foundation stone was laid by Chief Minister M.K. Stalin. The upcoming facility is expected to create over 200 […]
Paras Defence and Space Technologies has secured incremental orders worth approximately INR 266 million, including taxes, from Opto Electronics Factory (OLF), a unit of India Optel Ltd under the Ministry of Defence. The orders are for the supply of electronic control systems used in thermal imaging fire control systems (TIFCS) for battle tank applications delivered […]
The Indian Air Force (IAF) has submitted a proposal to acquire 114 Rafale fighter jets with an estimated value of more than INR 2 trillion. The plan includes over 60 percent indigenous content through collaboration between Dassault Aviation and Indian aerospace companies such as Tata. If cleared, the procurement would increase the IAF’s Rafale fleet […]
