Versatile Bonds is investing INR 1 billion to set up a footwear adhesives manufacturing and research facility in Ranipet, Vellore district, Tamil Nadu. The project was announced during the Hosur Conclave on 11 September 2025, where the foundation stone was laid by Chief Minister M.K. Stalin. The upcoming facility is expected to create over 200 […]
Tata Technologies has announced the acquisition of Germany-based ES-Tec Group for EUR 75 million in an all-cash transaction. The company said the deal will expand its engineering capabilities in Europe, with completion subject to regulatory approvals in Germany, Morocco and other jurisdictions. The acquisition is expected to close by December 2025. Tata Technologies will acquire […]
Sterling Tools Limited, through its subsidiary Sterling Gtake E-Mobility Limited (SGEM), has signed technology licence and supply agreements with China’s Landworld Technology Co. Ltd. to manufacture on-board chargers, DC/DC converters and multifunction units in India. Production will take place at SGEM’s electric vehicle (EV) campus in Faridabad. The partnership is projected to generate around INR […]
Paras Defence and Space Technologies has secured incremental orders worth approximately INR 266 million, including taxes, from Opto Electronics Factory (OLF), a unit of India Optel Ltd under the Ministry of Defence. The orders are for the supply of electronic control systems used in thermal imaging fire control systems (TIFCS) for battle tank applications delivered […]
Kolkata-based Titagarh Rail Systems Limited (TRSL) has launched the third Diving Support Craft (DSC) for the Indian Navy. The vessel is part of a five-craft series under construction at TRSL, intended to support underwater operations such as repair, maintenance, and salvage inside and around harbours. The craft was launched into the Hooghly River on 12 […]
The Indian Air Force (IAF) has submitted a proposal to acquire 114 Rafale fighter jets with an estimated value of more than INR 2 trillion. The plan includes over 60 percent indigenous content through collaboration between Dassault Aviation and Indian aerospace companies such as Tata. If cleared, the procurement would increase the IAF’s Rafale fleet […]
Safran Aircraft Engines has entered new agreements in September 2025 with Titan Engineering & Automation Limited (TEAL), Godrej Enterprises Group, and Azad Engineering to expand production for its CFM LEAP engines and military engine programmes. The company stated that the partnerships aim to scale up manufacturing and integrate Indian suppliers into its global supply chain. […]
Zettaone Technologies India Pvt. Ltd. will establish a new Electronics System Design and Manufacturing (ESDM) facility in Krishnagiri, Tamil Nadu with an investment of INR 1 billion. The 100,000 sq. ft. facility will support original design manufacturing operations such as PCB assembly, box build, sheet metal, plastic moulding, and potential semiconductor packaging and is expected […]
Facil, a Belgium-based automotive fastener solutions company, has opened a warehouse in Bangalore, Karnataka, in the past few days. The facility is intended to enhance service capabilities for the Indian automotive market. The branch office in Bangalore, which serves as the company’s base in India, was set up around five months ago. The warehouse is […]
Amber Enterprises, a manufacturer of consumer durable components and solutions, announced plans to invest INR 2 billion to establish a Quantum Cryogenic Components Facility in Amaravati, Andhra Pradesh. The project will be developed in phases and will form part of the Amaravati Quantum Valley initiative. The facility will manufacture advanced cryogenic components required for superconducting […]
