The Defence Research and Development Organisation (DRDO) has transferred technologies for nine defence systems to 10 companies. The technology transfers were carried out by the Vehicles Research & Development Establishment (VRDE), a DRDO laboratory based in Ahilyanagar, Maharashtra. The agreements were handed over during an event held at VRDE on June 7, 2025, attended by […]
TIL Limited, a manufacturer of material handling and defence equipment, is undergoing a strategic overhaul under the ownership of the Gainwell Group, which has committed an investment of approximately INR 10 billion across the group to support business expansion. The company aims to enhance its global footprint and diversify its product offerings, while increasing manufacturing […]
Frontier Springs Limited, a manufacturer of springs and components has announced plans to invest INR 150 million in plant and machinery over the next year to expand its manufacturing capacities. This decision follows an investment of INR 136.4 million during FY25, which was allocated towards scaling up operations in the Coil Springs and Air Springs […]
AXISCADES Technologies Limited, an engineering and technology solutions provider, has announced a strategic investment in a new infrastructure project near Bengaluru, as part of its broader plan to shift toward a product-centric business model. The company is developing the ‘Devanahalli Atmanirbhar Complex’ (DAC) on a 20.7-acre site with a planned built-up area of 1.8 million square […]
Festo, a manufacturer of automation machinery, has launched a new manufacturing plant in Hosur, Tamil Nadu, focused on producing advanced pneumatic automation components. The Germany-based company has invested INR 5 billion in the facility, which spans over 75 acres and is intended to support both domestic and international markets. The new plant is expected to […]
Sansera Engineering Limited, a manufacturer of precision-engineered components, has reported a capital expenditure of INR 5,911 million in FY25, with key investments directed toward the acquisition of land near Bengaluru, the purchase of a facility in Pantnagar, Uttarakhand, and the installation of new plant and equipment, including a forging facility and press at one of its existing […]
Reliance Infrastructure is establishing a greenfield explosives and ammunition manufacturing facility in Ratnagiri, Maharashtra. The plant, being developed within the Dhirubhai Ambani Defence City, involves an investment of INR 50 billion and is aimed at supporting the production of newly developed 155mm artillery ammunition. The facility is part of the company’s broader defence manufacturing initiative […]
Alstom, a provider of rail transport systems, will manufacture 96 driverless metro cars for Chennai Metro Phase II at its facility in Sri City, Andhra Pradesh, as part of a EUR 135 million contract awarded by Chennai Metro Rail Limited (CMRL). The design work for the trainsets will be carried out at Alstom’s engineering centre in […]
Dassault Aviation, a manufacturer of military and civil aircraft, and Tata Advanced Systems Limited (TASL) have signed four Production Transfer Agreements to manufacture Rafale fighter aircraft fuselages in India. As part of the deal, a dedicated manufacturing facility will be established in Hyderabad to produce fuselage sections for both Indian and international markets. The new […]
PTC Industries, a manufacturer of high-precision cast and machined components, delivered strong financial and operational performance in FY25, driven by strategic investments and key contract wins in the aerospace and defence sectors. The company reported robust revenue growth, improved margins, and expanded its manufacturing capabilities through new facilities and acquisitions. During the year, Aerolloy Technologies, […]
