JS Auto Cast Foundry India Private Limited, a step-down wholly owned subsidiary of Bharat Forge Limited, has secured an equity investment of around INR 3 billion from Premji Invest, resulting in the investor acquiring a 23 percent stake on a fully diluted basis. The investment is being made through a primary infusion and is aimed […]
The Union Budget 2026-27 outlines a comprehensive strategy to expand India’s manufacturing base through structural reforms, targeted fiscal incentives, and ecosystem development across strategic and frontier sectors. The approach reflects a transition away from assembly-led growth towards higher domestic value addition, capital goods capability, and technological self-reliance, positioning manufacturing as a core driver of productivity […]
Magellan Aerospace India Private Limited has begun construction on an expansion of its Tumkur facility in Karnataka, marking the next phase of capacity growth at the site. The groundbreaking ceremony was held on 21 January 2026 at the company’s existing operations in the KIADB Industrial Area at Antharasanahalli. The expansion is intended to support long-term […]
Luminous Power Technologies has commissioned a lithium-ion battery assembly line with an annual production capacity of 500 MWh at its manufacturing facility in Baddi, Himachal Pradesh. The facility has been set up to manufacture standalone lithium-ion battery packs, stationary Battery Energy Storage Systems (BESS), and automotive battery packs for e-rickshaw applications, expanding the company’s manufacturing […]
Mitsu Chem Plast Limited, a manufacturer of polymer-based moulded products, has proposed to commence manufacturing operations at a new facility in Boisar, Maharashtra, as part of its expansion strategy. The proposed unit is expected to add incremental production capacity and support the company’s growing operational requirements across multiple end-use sectors. The new facility is located […]
AxisCades Technologies Limited, an India-based aerospace and defence engineering and technology services company, has entered into a strategic partnership with Ogma – Indústria Aeronáutica de Portugal to expand capabilities in aerospace manufacturing, maintenance, repair and overhaul (MRO), airframe engineering, and certification services. The agreement was announced on 27 January 2026 and is intended to support […]
Entellus Industries Private Limited, a manufacturer of rare earth metals and alloys, has raised INR 500 million in a funding round to expand manufacturing capacity and broaden its product portfolio in India. The capital will be used primarily for capital expenditure and commercialisation of existing products. The funding round was led by ZeroW, a deeptech-focused […]
Azista Space Private Limited on 22 January 2026 conducted a groundbreaking and foundation stone laying ceremony for an electro-optical payload manufacturing facility at Khoraj Industrial Estate in Sanand, near Ahmedabad. The project involves an investment of INR 5 billion and is intended to support space- and defence-related manufacturing requirements. The facility will focus on the […]
Barnes Molding Solutions has inaugurated a new greenfield production facility in Pune, expanding its manufacturing presence in India and reinforcing its focus on the Asian injection molding market. The facility is located in the Chakan industrial corridor and is intended to strengthen local manufacturing and service capabilities for regional customers. The Pune site spans more […]
ABB India Limited has completed a modernisation programme for Bharat Petroleum Corporation Limited’s Vadinar–Bina crude oil pipeline, upgrading supervisory control, automation, monitoring and cyber security systems across the 935 kilometre cross-country asset connecting Gujarat and Madhya Pradesh. The project was executed without any shutdowns, allowing uninterrupted pipeline operations and continued crude supply to the Bina […]
