Hind Rectifiers Limited has completed the acquisition of France-based BeLink Solutions for EUR 1 million to establish a European base in robotics, power electronics, and electronics manufacturing services. The company plans an additional infusion of EUR 2 million into the new subsidiary to strengthen its operations and production capabilities. The acquisition, approved by the French […]
Garden Reach Shipbuilders & Engineers (GRSE) Ltd has signed a contract with Germany-based Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG for the construction of four hybrid multi-purpose vessels (MPVs). The total contract value is USD 62.44 million. The agreement covers the design, construction, and delivery of four 7,500 deadweight tonnage (DWT) vessels. Each […]
Action Construction Equipment Ltd (ACE) will invest INR 4 billion to establish a crane manufacturing facility in Palwal, Haryana. The project is intended to increase domestic production capacity, reduce imports, and meet demand from infrastructure projects such as highways, metros, and industrial parks. The new plant will be built on a 22-acre site near Delhi-NCR. […]
Airbus announced that it will set up a research and development Centre of Excellence at Gati Shakti Vishwavidyalaya in Vadodara, Gujarat. The facility will focus on design capabilities and support the company’s wider objectives in innovation and local development. The initiative follows a Memorandum of Understanding signed in 2023 between Airbus and the university. The […]
Larsen & Toubro (L&T) announced that its Construction Equipment and Industrial Products Design & Development vertical has secured multiple orders across different business units in India and overseas. The company said the orders cover long-term service contracts, manufacturing equipment for tyre production, and valve supply projects. The Construction Equipment unit received after-sales support orders from […]
Oil India Limited (OIL) and Hindustan Copper Limited (HCL) have signed a Memorandum of Understanding (MoU) to collaborate on the exploration and development of critical and strategic minerals, including copper and associated minerals. The agreement was formalised on 19 September 2025. The partnership is intended to support the objectives of the National Critical Mineral Mission […]
Azad Engineering has inaugurated a 7,200 square metre lean manufacturing facility at its Centre of Excellence and Innovation Centre in Tunikibollaram, Hyderabad. The facility has been established to meet capacity commitments for Siemens Energy. The facility currently employs over 150 skilled professionals and is expected to scale up to around 230 by the end of […]
Stephenson Gobin, a UK-based manufacturer of electromagnetic brakes, clutches, and safety products, has opened a new 20,000 sq ft manufacturing plant in Attibele, Karnataka, near Bangalore. The facility will produce electromagnetic brakes, clutches, and fire door safety products, expanding the company’s production capacity to meet demand from international customers. The site is equipped with assembly […]
Teconnex India has inaugurated a new heatshield manufacturing line at its facility in Chakan Industrial Area, Pune. The new line will produce multilayer thermal insulation shields used in vehicle exhaust aftertreatment systems. Heatshields help reduce radiant heat transfer from exhaust components such as diesel particulate filters, diesel oxidation catalysts, and selective catalytic reduction units. They […]
Rolls-Royce has inaugurated a 700-seat Global Capability Centre (GCC) in Bengaluru, located at Manyata Embassy Business Park. The facility, opened on 17 September 2025, will provide engineering, digital, enterprise, and business services for the company’s global operations. It will also house Rolls-Royce Data Labs. The centre will support global operations across civil aerospace, defence, and […]
