The Ministry of Defence has signed contracts with ACE Limited and JCB India Limited for the procurement of 1,868 Rough Terrain Forklift Trucks (RTFLTs) for the Indian Army, Air Force, and Navy. The total contract value is ₹697.35 crore. The contracts were signed in the presence of Defence Secretary R K Singh. RTFLTs are intended […]
Thales U.K. and Bharat Dynamics Limited (BDL) have signed a contract for the supply of Laser Beam Riding Man Portable Air Defence (LBRM) Very Short Range Air Defence (VSHORAD) missiles and launchers to the Indian Army. According to a report by The Hindu, The procurement, conducted under the emergency acquisition route, includes an initial batch […]
LANXESS has inaugurated its India Application Development Centre (IADC) in Thane, Mumbai, expanding its research and customer service capabilities. The facility, located at LANXESS House, will initially support two business units with provisions for future expansion. The IADC will focus on lubricant additives and material protection products, including high-performance additives, synthetic base fluids, antimicrobial solutions, […]
Kalyani Strategic Systems Limited (KSSL), a subsidiary of Bharat Forge, has signed a Letter of Intent (LOI) with U.S.-based AM General at the International Defence Exhibition (IDEX) 2025 in Abu Dhabi. The agreement involves the supply of advanced artillery cannons manufactured in India to the United States. This marks the first instance of an Indian […]
UFlex Ltd is set to invest over Rs 750 crore to establish a woven polypropylene (WPP) bags manufacturing plant in Mexico and a recycling facility in Noida, with both projects expected to be operational in the financial year 2025-26. The company’s board has approved an investment of $50 million (approximately Rs 435 crore) for the […]
Aurionpro Solutions has secured a contract from Delhi Metro Rail Corporation Ltd. (DMRC) to provide Automated Fare Collection (AFC) systems, including automated gates, validators, and card readers, across DMRC’s Phase I, II, and III networks. The AFC gates will be manufactured at Aurionpro’s facility in Ghaziabad. This project follows the company’s earlier deployment of AFC […]
Rafael Advanced Defence Systems and Larsen & Toubro (L&T) have signed a Memorandum of Understanding (MoU) during Aero India 2025 to collaborate on offering the TROPHY Active Protection System (APS) for integration into Indian defence platforms. TROPHY APS is a battlefield technology designed to protect armoured vehicles and other platforms from threats, including guided munitions […]
Steel Authority of India Limited (SAIL) will invest $800 million to establish a new rail mill, Chairman Amarendu Prakash said at the Global Business Summit in New Delhi. The company is proceeding with the investment despite the absence of a confirmed procurement commitment from Indian Railways, its largest customer. Prakash stated that SAIL has been […]
The Javelin Joint Venture (JJV) is assessing potential co-assembly and co-production of the Javelin anti-tank weapon system in India. The initiative involves a competitive source selection process with Indian industry partners. As part of this effort, the JJV has renewed a Memorandum of Understanding (MOU) with Bharat Dynamics Limited (BDL), a state-owned enterprise specializing in […]
Collins Aerospace, a business unit of RTX, has launched the 2025 edition of its Powered by Collins Initiative at Aero India, with a focus on expanding collaboration in manufacturing and advanced technologies. The initiative invites small and medium-sized enterprises (SMEs) to participate in targeted partnerships aimed at accelerating technology deployment in aerospace and defence manufacturing. […]
