Sundaram Clayton Limited (SCL) has commenced operations at a new die-casting facility in Thervoy Kandigai, near Chennai, Tamil Nadu. The company has also introduced a 4,400-ton die-casting machine at its U.S. facility as part of its expansion strategy. These developments were announced alongside its quarterly financial results on January 31, 2025. The Chennai facility will […]
L&T Technology Services (LTTS), through its Smart World business, has joined the Arizona Technology Council (AZTC) to enhance its global reach in smart city and digital solutions. This move aligns with the company’s objective of expanding its presence in North America and participating in technology-driven initiatives. LTTS’ involvement in AZTC is expected to create collaboration […]
JTL Industries Limited has announced its entry into the lattice tower manufacturing segment with the establishment of a new production facility in Derabassi, Punjab. The plant, built on a 12-acre site recently acquired by the company, will have a production capacity of 1,500 tons per month and is expected to commence operations in the second […]
Artson Limited has received a letter of intent from Sadhav Offshore Engineering Pvt. Ltd. for the construction and supply of a floating dry dock. The contract is valued at Rs. 61.54 crore, inclusive of GST, and is structured as a unit rate contract. According to the company’s disclosure to the Bombay Stock Exchange (BSE), the […]
Craftsman Automation Limited has announced plans to set up a new manufacturing plant at SIPCOT Industrial Park, Shoolagiri, Hosur. The company’s board of directors approved the project during a meeting held on January 29, 2025, according to a statement issued by the company. The proposed facility will focus on aluminium product manufacturing and is expected […]
Larsen & Toubro’s (L&T) Minerals & Metals (M&M) vertical has received an order for the development of freight handling facilities in the Gulf Cooperation Council (GCC) region. The project is a repeat order from a railway company in the GCC, which is expanding its capacity in multiple phases. The scope of work includes engineering, procurement, […]
ThinkMetal, a deeptech startup specializing in metal 3D printing, has raised $800,000 in a pre-Series A funding round. The investment was led by YourNest Venture Capital through the YourNest-SanchiConnect Velocity Program 2024, with additional participation from Concept Communications and Sanchi Connect. The company had previously secured $300,000 in a seed round led by 100X.VC, with […]
Sealmatic India Limited has received an order from Bharat Heavy Electricals Limited (BHEL) for the supply of 96 supercritical mechanical seals and 8 auxiliary skids. According to a press release issued by Sealmatic India, the order is from a domestic entity and is expected to be executed within 24 weeks. No financial details of the […]
L&T Technology Services Limited (LTTS) has signed a multiyear, $80 million agreement with a U.S.-based manufacturer of industrial products and solutions. The contract involves establishing a Center of Excellence (CoE) in India to support the client’s digital transformation and product lifecycle management initiatives. Under the agreement, LTTS will integrate advanced digital technologies, including connected products […]
DEE Development Engineers, an engineering company that produces specialized process piping solutions, has announced the establishment of a new manufacturing facility in Anjar, Gujarat, with an investment of INR 250 crore. The plant has an initial production capacity of 9,000 tonnes per annum, with plans to expand to 12,000 tonnes per annum in the second […]
