ZF has secured a multi-year order from a leading original equipment manufacturer (OEM) in India for its AxTrax 2 LF electric portal axle for city buses. The agreement covers the supply of several thousand units for the Indian domestic market and for global exports, with first deliveries scheduled for 2026. The order was awarded to […]
KLA Corporation has signed a memorandum of understanding with the Government of Tamil Nadu to establish a permanent research and development (R&D) and innovation campus in Chennai. The company plans to invest USD 400 million, approximately INR 36 billion, over the next decade in the proposed 12-acre facility. The campus is envisioned as KLA’s global […]
Indian National Space Promotion and Authorisation Centre (IN-SPACe) has announced the results of its Satellite Bus as a Service (SBaaS) Announcement of Opportunity for hosted payload platforms. Astrome Technologies, AZISTA INDUSTRIES PRIVATE LIMITED and Dhruva Space have been selected to develop indigenous modular small satellite bus systems capable of hosting multiple payloads and supporting future […]
Octobotics Tech Pvt Ltd, an industrial robotics company developing AI enabled non destructive testing (NDT) systems, has secured INR 98 million in a seed funding round led by Navam Capital. The round also saw participation from Navam and BYT Capital, with the company stating that the investment will support vertical integration of its technology stack […]
ZF Commercial Vehicle Control Systems India Limited continues to ramp up production of advanced technology products at its multi-divisional manufacturing plant in Oragadam. The plant manufactures e-compressors, hydraulic electronic stability control (ESC) systems, electronic stability control solutions for e-mobility, air system protector (APS) cartridges for Indian original equipment manufacturers (OEMs), and wheel-end products such as […]
Automotive Axles Limited said it will add capacity beginning in the first quarter of FY27, with full expansion expected by the third quarter of FY27, aligning with an industry outlook of around 500,000 medium and heavy commercial vehicle (M&HCV) units. The company said current capacity utilisation stands at around 80 percent, providing near-term flexibility to […]
Tube Investments of India Limited plans to invest an additional INR 5 billion to INR 7.5 billion in its electric vehicle (EV) business from the parent balance sheet, even as the segment continues to report losses. The proposed capital infusion signals continued strategic commitment to scaling clean mobility operations. “It will definitely be at least […]
Tata Motors Passenger Vehicles Ltd. began operations at its new manufacturing facility at Panapakkam in the Ranipet district of Tamil Nadu on 9 February 2026, marking the start of production at a greenfield plant planned to manufacture next-generation vehicles for both Tata Motors Passenger Vehicles and Jaguar Land Rover brands. The first vehicle to roll […]
Aimtron Electronics Limited has secured its first box-build order from a Europe-headquartered original equipment manufacturer (OEM), marking the company’s entry into the European market. The order covers a box-build solution for automotive and industrial end-markets and represents an expansion of the company’s export footprint beyond its existing geographies. The initial order is valued at approximately […]
Hi-Tech Pipes Limited commenced commercial production at its Sikandrabad Unit-III greenfield manufacturing facility in Uttar Pradesh. The commissioning takes the company’s installed annual capacity to 1 million tons, strengthening its production footprint in North and Central India. The Sikandrabad facility has been developed to improve proximity to key consumption centres and to enhance supply chain […]
