SKF India (Industrial) Limited has approved the setting up of a new manufacturing plant in Pune, Maharashtra, as part of a long-term plan to improve manufacturing efficiency and expand production capacity. The decision was taken at a meeting of the company’s Board of Directors held on 03 February 2026. The project is planned to be […]
Cummins India Limited reported broadly stable revenue and an increase in profit for the quarter ended 31 December 2025, reflecting resilient domestic demand and improved operational efficiency despite sequential pressure on exports. The results underline the company’s ability to sustain profitability amid mixed market conditions. Total standalone sales for the quarter stood at INR 30.06 […]
India has joined the BRICS Centre for Industrial Competencies (BCIC), a multilateral initiative aimed at supporting manufacturing companies and micro, small and medium enterprises (MSMEs) across BRICS countries, with an emphasis on Industry 4.0 capabilities. The development was formalised on 04 February 2026 at an event held at Vanijya Bhavan, New Delhi. The BCIC is […]
Aequs Limited reported a confirmed aerospace order book of USD 814 million, providing execution visibility over the next five years up to about 2031, as the company continues to expand its vertically integrated manufacturing operations while scaling up recently commissioned consumer manufacturing capacity. Aequs Limited, a manufacturer of precision aerospace and consumer components, said the […]
Sundram Fasteners Limited said it will complete capital expenditure of around INR 3.5 billion in FY26 and continue annual investments of about INR 2.5 billion to support capacity expansion, productivity upgrades, and diversification beyond automotive manufacturing. Capital expenditure in the first nine months of FY26 stood at INR 2.17 billion, with the full-year outlay expected […]
Wipro Limited announced on 04 February 2026 that it has joined the Massachusetts Institute of Technology’s Industrial Liaison Program (MIT ILP), a platform that connects industry participants with MIT’s faculty, research infrastructure, and innovation ecosystem to address emerging technology challenges. The development marks an expansion of Wipro’s engagement with academic research aimed at accelerating applied […]
India is advancing a coordinated strategy to develop domestic capabilities in rare earth permanent magnets through a combination of regional infrastructure planning and targeted fiscal incentives announced alongside the Union Budget 2026–27. The measures are aimed at reducing import dependence in critical materials and supporting manufacturing growth in electric mobility, renewable energy, electronics, aerospace, and […]
BEML Limited has commissioned a robotic welding cell and a Heavy Motor Vehicle (HMV) axle assembly shop at its manufacturing complex in Kolar Gold Fields (KGF), Karnataka, as part of its ongoing modernisation programme. The company said the new facilities are intended to strengthen manufacturing capability, improve process efficiency, and support quality and productivity improvements […]
HORIBA India Private Limited has acquired 100 percent of the shares of Pristine Deeptech Private Limited, an India-based research and development company working on lab-grown diamond technologies for semiconductor and quantum research applications. The acquisition was completed on 14 January 2026 and results in Pristine Deeptech becoming a wholly owned subsidiary of the HORIBA Group. […]
Simplex Castings Limited said it has secured a fabrication order valued at INR 225 million from Gaja Engineering Private Limited, strengthening its domestic order book and adding to its portfolio of large-scale structural fabrication projects. The order involves fabrication and blasting of structural components and is scheduled to be executed within 24 months from the […]
