Industry

Advanced Manufacturing Systems Mission Takes Shape at Government Stakeholder Consultation

The Office of the Principal Scientific Adviser to the Government of India (OPSA) and the Ministry of Heavy Industries (MHI) co-organised a stakeholder consultation on 23 February 2026 at the Central Manufacturing Technology Institute (CMTI) in Bengaluru to deliberate on the modalities of a proposed Advanced Manufacturing Systems Mission. The government said the consultation sought […]

Soprema India Opens Geocomposites Manufacturing Facility in Ahmedabad

Soprema India Private Limited has inaugurated a new manufacturing facility and headquarters in Ahmedabad, Gujarat, marking the establishment of a greenfield unit dedicated to geocomposite products. The plant is designed to serve as the company’s central hub for its geocomposite range and is aligned with the government’s “Make in India” initiative. The Ahmedabad facility spans […]

ASM Technologies Ltd to Acquire 20 Percent Stake in Myelin Foundry; To Deploy Edge-Based AI in Manufacturing

ASM Technologies Ltd announced that it has signed definitive agreements to invest approximately INR 480 million to acquire an aggregate 20 percent stake in Myelin Foundry Private Limited. The strategic investment is part of a partnership to deploy patented, high-performance artificial intelligence (AI) solutions across ASM’s engineering design-led manufacturing portfolio. According to a press release […]

Azad Engineering reports INR 65 billion order book; eyes 25 percent-plus growth after capacity expansion

Azad Engineering Limited reported revenue growth of more than 31 percent year-on-year in the third quarter of FY ’26 and said its order book exceeded INR 65 billion, providing multi-year visibility as newly built manufacturing facilities move toward stabilization. The company indicated that FY ’26 would remain a transition year, with stable operating levels expected […]

NRB Bearings outlines diversification into industrial and aerospace segments; targets INR25 billion revenue by 2031

NRB Bearings Limited reported a strategic shift beyond its core automotive business, with plans to expand into industrial bearings, aerospace, robotics and construction equipment while maintaining margins in the 18 percent to 20 percent range. The company reiterated a medium-term revenue target of INR25 billion by 2031, supported by diversification and phased capital expenditure. “Beyond […]

EKKI-HOMA Launches India-Manufactured LINUS Clog-Defense Sewage Pump Range

EKKI Water Technologies, part of the Coimbatore-based EKKI Group, on 19 February 2026 launched the LINUS Clog-Defense Sewage Pump Range in India in collaboration with Germany-based HOMA Pumpenfabrik GmbH. The company said the pumps are manufactured in India and developed specifically for Indian operating conditions, with plans to serve both domestic and select overseas markets. […]

Wipro Kawasaki Precision Machinery Reaches 200,000 Cumulative Hydraulic Equipment Shipments in India

Wipro Kawasaki Precision Machinery Pvt. Ltd., the Indian subsidiary of Kawasaki Heavy Industries, Ltd., has reached 200,000 units in cumulative shipments of hydraulic pumps and hydraulic motors to Indian domestic customers as of 30 January 2026. The milestone marks a doubling of cumulative shipments from 100,000 units recorded in February 2023. “Moving forward, we will […]

Festo Sets Up Global Capability Centre in Bengaluru, Marks 40 Years in India

Festo India Private Limited inaugurated a 71,000 square feet Global Capability Centre (GCC) in Bengaluru, marking 40 years of operations in India. The facility, located near Electronics City, is designed to support advances in Industry 4.0, automation, and smart manufacturing, with capacity for 600 people. The GCC will serve as a strategic hub for advanced […]