Mukand Sumi Special Steel Limited (MSSSL) has announced plans to establish a greenfield integrated steelmaking facility at Kanakapura, Koppal, Karnataka, with an investment of Rs 23.45 billion. The project is expected to increase the company’s production capacity to 700,000 tonnes per annum once operational. The new facility is scheduled to begin operations by early 2028. […]
CEAT Limited has acquired Michelin Group’s CAMSO Construction Compact Line Business, including the Midigama plant and Casting Product plant in Sri Lanka. The transaction gives CEAT ownership of the CAMSO brand, which will be permanently assigned across categories after a three-year licensing period. As part of the acquisition, CEAT announced an investment of USD 171 […]
Websol Energy System Limited has approved a phased expansion of its solar manufacturing capacity involving a total of 4 GW of solar cells and 4 GW of solar modules through a wholly owned subsidiary. The project is expected to require an investment of about INR 30 billion. The company currently operates a 600 MW solar […]
Bharat Heavy Electricals Limited (BHEL) has signed a Licensing Agreement for Transfer of Technology (LAToT) with the Defence Metallurgical Research Laboratory (DMRL), Hyderabad. The agreement covers the manufacture of fused silica radar domes using the Cold Isostatic Pressing and Sintering Route. Radar domes, also known as radomes, protect radar systems from environmental factors while allowing […]
Ganesh Mani has taken charge as chief executive officer of Switch Mobility, effective Monday, while continuing in his role as chief operating officer at Ashok Leyland. His appointment follows the departure of S. Mahesh Babu, who stepped down on 31 August to pursue other opportunities. “August has been a landmark month for Switch Mobility. With […]
National Aluminium Company (Nalco) plans to invest INR 30,000 crore over the next five years in a new aluminium smelter and an associated coal-based power plant, Chairman and Managing Director Brijendra Pratap Singh said on 28 August. The project is aimed at expanding production capacity and strengthening raw material security. According to Singh, about INR […]
AXISCADES Technologies’ subsidiary Mistral Solutions has secured a contract from the Combat Aircraft System Development and Integration Centre (CASDIC) for the development of Electronic Control Units (ECUs) for the Su-30MKI “Super-30” modernisation programme. The initial order covers 10 prototype units of the cooling system ECU. According to the company, the prototype order is expected to […]
Ashok Leyland announced plans to invest more than INR 50 billion over the next 7–10 years to develop and manufacture next-generation batteries in India. The investment will cover both automotive and non-automotive applications, including energy storage systems. The company has signed a long-term exclusive partnership with China-based CALB Group for the initiative. The agreements were […]
Raphe mPhibr has inaugurated a drone manufacturing unit and a defence equipment and engine test facility in Noida, Uttar Pradesh. The facility includes an engine test bed, a metal additive manufacturing setup, high-temperature furnaces capable of reaching 2,800 degress Celsius, a composite polymer manufacturing centre, and a range of drones such as payload-drop drones, swarm […]
Optiemus Electronics, in partnership with Corning Incorporated, has inaugurated a tempered glass manufacturing facility for mobile devices in Noida. The plant represents an initial investment of INR 700 million, with Phase 1 designed for an annual capacity of 25 million units and expected to create 600 jobs. Phase 2 of the facility will involve an […]
