HMT Limited, a public sector enterprise under the Ministry of Heavy Industries, has signed a memorandum of understanding (MoU) with Rosatom Additive Technology (RosAT) of the Russian Federation to jointly manufacture additive technology machines. The agreement was signed on 17 March 2026 at the HMT Corporate Office in Bengaluru and focuses on developing domestic capabilities […]
Phillips Machine Tools India Private Limited announced a strategic partnership with 2OneLab to manufacture Laser Powder Bed Fusion (LPBF) systems at its facility in Chakan, Pune. The partnership is intended to support the development of a domestic supply chain for advanced manufacturing technologies and expand access to additive manufacturing solutions across industries in India. “Additive […]
Oerlikon inaugurated an extension to its regrinding and forming tools operations in Ahmedabad. The development is aimed at strengthening local service capabilities to address increasing demand for tool reconditioning and coated tools in the western region of India. The extension enhances the company’s ability to handle complex and high-volume requirements through expanded CNC regrinding capabilities. […]
INDEX Machine Tools India Pvt. Ltd., a subsidiary of INDEX-Werke GmbH, a German manufacturer of CNC turning machines, opened a new branch with an integrated Technology Center in the Aerospace Park in Bengaluru on 27 February 2026, expanding its presence in the Indian market. The facility includes office space for sales, technology, application, customer service […]
Sund Birsta India Private Limited has inaugurated a new workshop facility in Pune to support localised servicing of steel coil handling and binding equipment. The expansion marks the company’s transition from a sales-focused presence established in 2024 to a sales and service-oriented unit aimed at supporting domestic steel producers with engineering, spare parts, and refurbishment […]
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 […]
Jyoti CNC Automation Limited reported that 41 percent of its consolidated order book of INR 45.85 billion is from the aerospace and defense segment, reflecting sustained demand across domestic and global markets. The company is also developing nano-precision technologies aimed at supporting equipment used in semiconductor chip manufacturing, with commercial launch expected within two years. […]
Isgec Heavy Engineering Limited reported higher quarterly earnings and a rise in its order book, while its board approved an additional investment to expand capacity in the Machine Building division. The investment forms part of a phased expansion programme aimed at increasing manufacturing capacity for presses and industrial machinery. The board approved a further investment […]
Central Manufacturing Technology Institute (CMTI) inaugurated three new testing and certification facilities at its Bengaluru campus on 12 February 2026 during a visit by Kamran Rizvi, Secretary, Ministry of Heavy Industries (MHI), Government of India. The facilities have been established under the Capital Goods Scheme of MHI and are intended to support advanced manufacturing and […]
Macpower CNC Machines Limited reported revenue of INR 861.5 million for the third quarter of FY26, up 43 percent year-on-year, alongside growth in its pending order book and progress on a new manufacturing facility. The company said the upcoming plant is expected to support higher production capacity and margin expansion. The company said in a […]
