June 4, 2025
Praj Industries, an industrial biotechnology company, has entered into a Memorandum of Understanding (MoU) with the International Air Transport Association (IATA) and the Indian Sugar & Bio-energy Manufacturers Association (ISMA) to develop a certification framework and conduct a Life Cycle Assessment (LCA) of Sustainable Aviation Fuel (SAF) derived from Indian sugarcane feedstock. The initiative supports […]
June 4, 2025
Sansera Engineering Limited, a manufacturer of precision-engineered components, has entered into a long-term contract valued at approximately INR 1.6 billion (USD 18.80 million) with Airbus Defence and Space. The agreement covers the manufacture, supply, and support of the Airborne Intensive Care Transport Module (ICTM) for light and medium transport aircraft programs. The ICTM is designed as […]
June 3, 2025
Maruti Suzuki India Limited has entered into a Memorandum of Understanding with the Japan External Trade Organization (JETRO) to promote cross-border startup collaboration between India and Japan. The agreement aims to facilitate access to startup ecosystems in both countries and support joint business opportunities. Under the agreement, startups in India selected through Maruti Suzuki’s innovation […]
June 3, 2025
Visteon, a manufacturer of auto components, has initiated in-house manufacturing of high-resolution analog and digital cameras, along with display backlight units (BLUs), at its facility in Chennai, India. The company has invested USD 10 million in this new production line, which is designed to support the development of cockpit electronics and driver assistance systems. The […]
June 2, 2025
Kinetic Watts and Volts, an automotive manufacturing company, has launched an electric vehicle manufacturing facility in Ahilya Nagar, Maharashtra. The plant, covering 87,000 square feet, features automated and robotics-based assembly lines and will be used to produce vehicles for both personal and fleet use, with potential plans to enter export markets. The facility includes automation, […]
May 31, 2025
IndiGo has entered into a Memorandum of Understanding with Bangalore International Airport Ltd. (BIAL) to set up a maintenance, repair, and overhaul (MRO) facility at Kempegowda International Airport, Bengaluru. As part of the agreement, BIAL will provide approximately 31 acres of land for the project. The proposed facility will be capable of servicing both narrow-body […]
May 31, 2025
Divgi TorqTransfer Systems Limited, an automotive transmission systems manufacturer, has reported an expansion in its exports and laid out plans to scale its transmission and EV-related businesses, as well as its export business. The company secured approvals for all nine export components and began shipments across multiple geographies, with expected annual revenue of approximately INR […]
May 30, 2025
Embraer, a Brazil-based aerospace company, has announced the formation of a wholly owned subsidiary in India, with its corporate office located in AeroCity, New Delhi. The company stated that the move is aimed at expanding its presence across defence, commercial aviation, business aviation, services and support, and urban air mobility segments. The subsidiary will focus […]
May 29, 2025
Applied Materials, Lam Research, and Bharat Semi Systems will invest a total of INR 230.94 billion in semiconductor projects in Karnataka. The projects were approved during a cabinet sub-committee meeting chaired by Chief Minister Siddaramaiah. The combined initiatives are expected to generate over 3,500 jobs in the state. Lam Research will establish two facilities in […]
May 29, 2025
Stäubli, a provider of industrial and mechatronic solutions, has signed an agreement to establish a new manufacturing facility in Bangalore, India, focused on producing connectors for renewable energy applications. The facility is scheduled to begin operations in the fourth quarter of 2025 and is intended to meet growing demand in the Indian renewable energy sector. […]