Sanmati Components Private Limited (SCPL) has expanded its machining capacity with the installation of a new AceMicromatic Group MCH-500L Horizontal Machining Centre (HMC) equipped with a continuous rotary table. The machine, installed at the company’s plant in Kolhapur, Maharashtra, is intended to increase precision and reduce production lead times for components and assemblies. According to […]
Saint-Gobain, a manufacturer of industrial materials, has begun construction of its seventh float glass line and fifth mineral wool insulation line at its manufacturing site in Oragadam, near Chennai. The expansion adds a float glass capacity of 1,000 tonnes per day and a mineral wool insulation capacity of 50,000 tonnes. According to the company, the […]
Manastu Space, a Mumbai-based spacetech startup, has raised USD 3 million in an extended Series A round led by venture capital firm Capital-A. Existing investors Capital 2B, Indian Angel Network (IAN), E2MC, the Bhagnani family office, Jeet Chandan, among others, also participated. Lodha Capital acted as the transaction facilitator. The funding will be used for […]
Speciale Invest, a venture capital firm, has closed its third fund at INR 6 billion, surpassing an initial target of INR 5 billion. The firm plans to make 18–20 investments over the next four years in areas that include space, advanced manufacturing, energy, health, and artificial intelligence. The firm said Fund III will focus on […]
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has selected a consortium led by Pixxel Space India, along with PierSight, SatSure Analytics India, and Dhruva Space, to design, build, and operate a fully indigenous commercial Earth Observation (EO) satellite constellation under the Public-Private Partnership (PPP) model. The project involves an investment of over INR […]
Ultraviolette, a Bengaluru-based electric vehicle manufacturer, has secured an investment from TDK Ventures, the corporate venture capital arm of Japan’s TDK Corporation. This funding is part of Ultraviolette’s latest financing round and aims to accelerate the development and production of its electric motorcycles and scooters. Ultraviolette’s current product lineup includes mid-premium motorcycles and scooters, with […]
Thermax Limited, an energy and environment solutions company, has entered into a strategic partnership with Norway-based HydrogenPro ASA for the supply, installation, commissioning, and after-sales service of alkaline electrolyser systems in India. Under the arrangement, HydrogenPro will provide technology licensing, stacks, future upgrades, and technical support, while Thermax will integrate the systems into ongoing green hydrogen […]
Reinhausen India Private Limited, a manufacturer of electrical equipment, has opened a new facility in Pune, Maharashtra, to expand its local service capabilities and increase engagement with the Indian power sector. The opening event took place on 16 July 2025 at the Hyatt Regency Pune. Located at MIDC Chakan, the facility is intended to provide […]
PTC Industries Limited and Kineco Aerospace & Defence have signed a Memorandum of Understanding (MoU) to jointly develop and manufacture value-added aerospace components and structural assemblies. The collaboration combines PTC’s high-integrity castings and work with titanium and superalloys with Kineco’s lightweight composite structures for aerospace and defence applications. The scope of the collaboration includes co-development […]
HHV Advanced Technologies Pvt. Ltd. (HHVAT), a Bengaluru-based thin film technology company, has invested in Hyderabad deep-tech startup EON Space Labs as part of a USD 1.2 million pre-Series A funding round, which also includes MGF Kavachh. The investment establishes HHVAT as a strategic long-term partner of EON Space Labs. The funding will be used to […]
