Dellner Group began construction of a new production facility in Chennai on 2 March 2026, expanding its manufacturing operations in India. The facility is being developed in Kuthambakkam near Chennai, adjacent to the company’s existing plant in the region. The groundbreaking ceremony was held at the project site and included a traditional Pooja ceremony. Manvinderjit […]
ELGI Equipments Limited said it aims to reach USD 750 million in revenue by the financial year ending March 2031, supported by new product development, increased aftermarket services, and continued expansion of its installed base. The company said the plan assumes revenue growth of about 11.3 percent over the period, with an expected EBITDA margin […]
Dynamatic Technologies Limited has signed a Memorandum of Agreement (MoA) with Hutchinson to address the aerospace market in India. The agreement brings together Hutchinson’s expertise in advanced composite and multi-material systems with Dynamatic’s capabilities in metallic aerostructures and assemblies to support aircraft manufacturing programmes in the country. The collaboration is intended to support aircraft programme […]
Fujifilm India Private Limited inaugurated endoscopy manufacturing operations in Jodhpur, Rajasthan, on 27 February 2026. The development marks an expansion of the company’s local healthcare manufacturing footprint and aligns with the Government of India’s Make in India initiative. According to a press release issued by Fujifilm India Private Limited, contract manufacturing of Made in India […]
Sundaram-Clayton Limited said its Board has approved the resignation of Vivek S Joshi as Director and Chief Executive Officer effective 31 March 2026 and the appointment of R Venkatesh as Director and Chief Executive Officer for a five-year term beginning 1 April 2026. The decisions were taken at a Board meeting held on 26 February […]
Centum Electronics Limited has secured an order from Hindustan Aeronautics Limited for the design and development of Active Electronically Scanned Array radar systems for the Utility Helicopter–Maritime platform. The Phase-1 order is valued at INR 660 million, with a gross value of INR 780 million inclusive of goods and services tax (GST), and will be […]
AgniKul Cosmos, a space technology company developing launch vehicles and propulsion systems, has test fired three semi-cryogenic rocket engines simultaneously in a clustered configuration for 22.5 seconds. The engines, designed and manufactured in-house, were produced as single pieces of hardware using three-dimensional printing at the company’s AgniKul Cosmos Rocket Factory – 1. Srinath Ravichandran, Co-Founder […]
TVS Mobility Pvt Ltd (TVS Mobility Group) has entered into a strategic partnership with PALFINGER to support PALFINGER’s expansion in India through integrated supply chain, dealership, aftermarket, rental and mobility solutions. The collaboration has been formalised through a memorandum of understanding (MoU) and aligns with PALFINGER’s Strategy 2030+ and plans to scale manufacturing and market […]
ASM Technologies Ltd announced that it has signed definitive agreements to invest approximately INR 480 million to acquire an aggregate 20 percent stake in Myelin Foundry Private Limited. The strategic investment is part of a partnership to deploy patented, high-performance artificial intelligence (AI) solutions across ASM’s engineering design-led manufacturing portfolio. According to a press release […]
Azad Engineering Limited reported revenue growth of more than 31 percent year-on-year in the third quarter of FY ’26 and said its order book exceeded INR 65 billion, providing multi-year visibility as newly built manufacturing facilities move toward stabilization. The company indicated that FY ’26 would remain a transition year, with stable operating levels expected […]
