February 17, 2026
SKP Bearing Industries Limited expanded its manufacturing capacity and outlined medium-term revenue targets in its Q3 and nine-month FY26 investor presentation. The company is scaling up roller production, increasing installed capacities across plants, and targeting standalone India revenue of INR 1 billion by FY29. Plant 2, which specialises in rollers, is expanding capacity from approximately […]
February 17, 2026
Eicher Motors Limited said its motorcycle plants are operating at full capacity, producing about 4,300 to 4,400 units per day, as demand remained strong in the quarter ended 31 December 2025. The company produced around 110,000 motorcycles in the most recent month and has initiated discussions with suppliers to support further ramp-up. “Our team is […]
February 16, 2026
TIL Limited has approved the acquisition of a 60 percent stake in Tulip Compression Private Limited (TCPL), marking its entry into the clean energy manufacturing segment. The board cleared the transaction on 16 February 2026, subject to shareholder and regulatory approvals. The company will acquire the stake in TCPL from Gainwell Commosales Private Limited, with […]
February 16, 2026
Defence Minister Rajnath Singh visited the Gas Turbine Research Establishment (GTRE) of the Defence Research and Development Organisation (DRDO) in Bengaluru on 16 February 2026 to review ongoing projects related to indigenous military gas turbine engine development. The minister was briefed on projects under development, collaboration with Indian industry, academia and research institutions, and support […]
February 16, 2026
Bharat Electronics Limited (BEL) inaugurated a Missile Integration facility at its Bengaluru premises on 16 February 2026 and flagged off the Akash 3rd and 4th Regiment Combat Systems while unveiling the Mountain Fire Control Radar. The company also remotely inaugurated a Centre of Excellence for Artificial Intelligence (CoE-AI) in Pune and formally launched its Artificial […]
February 16, 2026
Kato Works Co., Ltd. and Action Construction Equipment Limited (ACE) will establish a joint venture in Haryana, India, with a total capital of INR 2.0 billion to manufacture heavy cranes for domestic and international markets. The new entity, to be named ACE KATO Pvt. Ltd., is scheduled to commence operations in April 2026 following the […]
February 16, 2026
Siemens Energy India Limited reported a 26 percent year-on-year increase in revenue for the quarter ended 31 December 2025 and approved an investment of around INR 20.6 billion to expand its large power transformer capacity by approximately 30,000 MVA. The additional capacity is expected to become operational between financial years 2030 and 2032. The company […]
February 16, 2026
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 […]
February 16, 2026
Bharat Electronics Limited stated that its Board of Directors has approved the signing of a Joint Venture Agreement (JVA) with Safran Electronics and Defence, France, for Project HAMMER. The decision was taken at the board meeting held on 15 February 2026, and the operationalisation of the joint venture agreement is subject to regulatory and administrative […]
February 16, 2026
Thales on 16 February 2026 launched Thales Research & Technology India at its Engineering Competence Centre in Bengaluru, adding India to its network of five global corporate laboratories for Research & Technology. The launch was held during the week of the India AI Impact Summit and aligns with the India–France Year of Innovation 2026. According […]
