Avantel Limited has received a purchase order worth INR 28.4 million, inclusive of taxes, from Chowgule and Company Private Limited for the supply of satellite communication (Satcom) products. The order, disclosed to the stock exchanges on August 29, 2025, includes both manufacturing and service elements and carries a 24-month warranty. Execution is scheduled to be […]
Hindustan Zinc has signed a Memorandum of Agreement with Epiroc to introduce digital safety technologies in its mining operations. The strategic partnership will begin with the deployment of Epiroc’s Collision Avoidance System at the Sindesar Khurd Mine in Rajasthan’s Rajsamand district and will later be expanded across all of the company’s underground mines. In the […]
CG Semi Private Limited, a subsidiary of CG Power and Industrial Solutions Limited and part of the Murugappa Group, has opened an Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat. The company is investing over INR 76 billion (approximately USD 870 million) over five years to establish two facilities, G1 and G2, in […]
Mahindra Aerostructures Pvt Ltd (MASPL) has been awarded a contract by Airbus Helicopters to manufacture the main fuselage of the H125 helicopter. Production will take place at MASPL’s Bengaluru facility, with the first fuselage delivery scheduled for 2027. The new contract follows a similar award in April 2025, when MASPL was selected to manufacture the […]
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has facilitated the transfer of five technologies developed by the Indian Space Research Organisation (ISRO) to Indian companies. The agreements, signed in Ahmedabad, involve NewSpace India Limited (NSIL), IN-SPACe and the recipient industries. The technologies cover applications in biomedical, solar panel bonding, aerospace, automotive and industrial […]
Samvardhana Motherson International Limited has incorporated a wholly owned subsidiary, Motherson Manufacturing Services Limited, on 26 August 2025. The certificate of incorporation was issued on 27 August 2025. The new entity has been set up with an initial paid-up equity share capital of INR 500,000. The entire shareholding is held by Samvardhana Motherson International Limited. […]
WOLCO, a provider of industrial cutting solutions, has opened a new production plant in Pune, India, as part of its expansion in Asia. The plant, which will be inaugurated in November, has been developed under the “Industry 4.0” framework, incorporating intelligent automation, artificial intelligence in production, and renewable energy systems. The Pune plant is expected […]
Sudarshan Venu, Chairman of TVS Motor, called for stronger business partnerships between India and Africa at the 20th CII India Africa Business Conclave. He said such collaborations should move beyond transactional engagements and focus on long-term growth. Venu emphasised potential synergies in areas such as artificial intelligence, healthcare, and fintech, alongside Africa’s expanding customer base […]
Rhinox, a manufacturer of stainless steel piping systems, has inaugurated a new stainless steel pipe manufacturing plant in Karnal, Haryana. The facility spans 11 acres with nearly 300,000 square feet of operational space and includes four production units and a stainless steel tube milling plant. It has a production capacity of 400 tons per month […]
Festo India Pvt Ltd, an automation technology company, has announced that Ravi Sastry will assume the role of Managing Director starting September 2025. He will succeed Rashmikant Joshi, who is stepping down after more than three decades with the company. Sastry joined Festo in 2016 and has since held roles in finance and operations, including […]
