August 22, 2025
GameChange BOS, a provider of electrification equipment, has inaugurated a medium voltage transformer manufacturing facility in Taloja, Maharashtra. The factory spans 180,000 square feet and has an initial production capacity of more than 1,800 transformers annually, with a total installed capacity of 5,400 MVA per year. The infrastructure has been designed to allow future expansion […]
August 21, 2025
Exel Composites has inaugurated a new manufacturing facility in Banda, Uttar Pradesh, together with its joint venture partner Kineco Limited. The plant, which was finalised in May 2024, is equipped with machinery and layouts designed for high-volume carbon fibre component production. The Banda facility manufactures composites with pultrusion technology and is optimised for the wind […]
August 21, 2025
L&T Technology Services (LTTS) has launched PLxAI, a proprietary Generative AI-based framework designed to accelerate the Product Development Life Cycle (PDLC). The framework is intended for use across sectors including mobility, sustainability and technology, and supports processes from concept design to aftermarket services. PLxAI combines Generative AI and conventional AI to build scalable and reusable […]
August 21, 2025
Rane Holdings Limited, an auto component manufacturer, has invested INR 500 million in its wholly owned subsidiary, Rane Steering Systems Private Limited (RSSL), through a rights issue of equity shares completed on 19 August 2025. RSSL issued 2 million equity shares of INR 10 each at an issue price of INR 250 per share, which […]
August 20, 2025
The Ratan Tata Innovation Hub (RTIH) was inaugurated at Mayuri Tech Park in Mangalagiri, Andhra Pradesh, on 20 August 2025. The facility aims to support 20,000 startups and create more than 100,000 direct jobs within the next five years, with a broader target of 556,000 jobs linked to 113 signed industrial projects. The central hub […]
August 20, 2025
Infineon India has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to strengthen collaboration with startups in the fields of microelectronics, electromobility, and the Internet of Things. The agreement is aimed at encouraging engineering students, product startups, innovators, and entrepreneurs to participate in design challenges using […]
August 20, 2025
Nikhil Kamath, co-founder of Zerodha, has invested INR 1,375 million in Goldi Solar Pvt. Ltd., a solar photovoltaic module manufacturer based in Surat, Gujarat. The funding will be directed towards Goldi Solar’s expansion into solar cell manufacturing and the scaling up of production capacity. Goldi Solar, founded in 2011 by Ishverbhai Dholakia, has expanded its […]
August 19, 2025
Kilburn Engineering Limited has entered into a definitive Master Agreement with Komline-Sanderson Corporation (KSC), a New Jersey-based provider of process and environmental equipment. The agreement covers manufacturing, engineering, field, and sales representation services. As part of the agreement, Kilburn will exclusively manufacture turbo dryers and paddle dryers for KSC, following international quality standards. Turbo dryers […]
August 19, 2025
VVDN Technologies has acquired GGS Engineering Services, a company providing engineering solutions for the automotive, MedTech, and aerospace sectors. The acquisition brings engineers with two decades of experience in mechanical design, analysis, simulation, virtual manufacturing, and technical publications to VVDN’s team. The combined entity will operate under the VVDN umbrella, with GGS’s leadership and founding […]
August 19, 2025
Escorts Kubota Limited has been allotted approximately 200 acres of land in Sector 10 of the Yamuna Expressway Industrial Development Authority (YEIDA) to set up a state-of-the-art tractor manufacturing facility. With an investment of INR 45 billion. The project is expected to create approximately 4,000 jobs in a phased manner. The company signed a Memorandum […]