Agile Robots SE, a producer of robots that integrate artificial intelligence, has inaugurated a new robotic parts manufacturing plant at the Irungattukottai SIPCOT Industrial Park in Kanchipuram District, Tamil Nadu. The plant involves an investment of INR 3 billion and was officially inaugurated on June 4 via video conference. The plant will produce robotic machine […]
ZF Group, a manufacturer of mobility systems, has inaugurated a new manufacturing plant in Coimbatore, Tamil Nadu, with an investment of EUR 20 million (approximately INR 1.92 billion). The facility will produce axles and transmissions for the construction and railway sectors, supporting both domestic and export markets. The new plant spans 10,000 square meters and […]
Sona BLW Precision Forgings (Sona Comstar), a manufacturer of precision-forged and machined components, has completed the acquisition of the Railway Equipment Division (RED) of Escorts Kubota as a going concern on a slump sale basis. RED reported revenue of INR 9.13 billion and profit before tax of INR 1.88 billion for FY25. The agreement to acquire […]
Titagarh Rail Systems Limited (TRSL), a manufacturing company in the railways sector, has announced a strategic investment and expansion plan aimed at increasing its rolling stock production capacity. The company plans to raise annual coach production from 300 units to 850 units by FY27 and 1,200 units by FY28. This expansion is part of a […]
Uravi Defence and Technology Limited, a manufacturer of automotive lamps and defence-grade power supply solutions, reported INR 22.3 million in revenue from its defence division for the financial year ending March 31, 2025, marking its entry into the defence sector. The company acquired a 50.01 percent stake in SKL (India) Private Limited in September 2024, […]
The Defence Research and Development Organisation (DRDO) has signed a Licensing Agreement for Transfer of Technology (LAToT) with NIBE Ltd for the production of the Pinaka Multi Barrel Rocket Launcher (MBRL) and the Battery Command Post (BCP). The agreement is intended to support domestic manufacturing of defence equipment. The Armament Research & Development Establishment (ARDE), […]
VEM Technologies has delivered the first centre fuselage assembly for the Light Combat Aircraft (LCA) Tejas Mk1A to Hindustan Aeronautics Limited (HAL). The handover took place on May 30, 2025, in Hyderabad, and marks the start of a new production line supported by a private Indian firm. This development adds to the three existing production […]
Mobil India, a producer of automotive and industrial lubricants, is nearing completion of its greenfield lubricant manufacturing facility at the Maharashtra Industrial Development Corporation’s Isambe Industrial Area in Raigad. The plant is expected to have an annual production capacity of around 160 million liters. According to the company, over 1,200 jobs were generated during the […]
Texmaco Rail & Engineering Ltd., a railway and infrastructure manufacturing company, has received an order worth INR 1.41 billion from the Ministry of Railways for the supply of Flat Multi-Purpose (FMP) wagons. The company’s total order book value now stands at INR 71.15 billion. The FMP wagons are designed to handle various types of cargo, […]
Balrampur Chini Mills Limited (BCML), a sugar manufacturing company, has announced an investment of INR 28.50 billion to establish a new industrial-scale Poly Lactic Acid (PLA) biopolymer manufacturing facility adjacent to its existing sugar factory in Kumbhi, Uttar Pradesh. The project is expected to be completed over a period of approximately 2.5 years and will […]
