JSW Steel and POSCO Group have signed a non-binding Heads of Agreement (HoA) to explore the establishment of a 6 million tonnes per annum (MTPA) integrated steel plant in India. The two companies plan to form a 50:50 joint venture, with Odisha under consideration as a potential site. The HoA, signed in Mumbai, follows a […]
Hikoki Power Tools India plans to invest INR 7 billion to establish a state-of-the-art manufacturing facility at Mahindra World City, Chengalpattu, Tamil Nadu. The project is projected to create approximately 1,302 direct and indirect jobs. The Memorandum of Understanding (MoU) was signed on 14 August 2025 in the presence of Tamil Nadu Chief Minister M.K. Stalin, […]
Thaai Casting Limited is establishing a new manufacturing facility in the Chennai industrial region dedicated to gear shaping and high-precision machining. The project involves an investment of INR 1 billion, with commercial operations scheduled to begin in January 2026. Machinery for the facility has already been procured from Austria. The 3-acre site in Sriperumbudur will […]
Engineers India Limited (EIL) has signed a Memorandum of Understanding (MoU) with Nuclear Power Corporation of India Limited (NPCIL) to provide engineering services for the conceptual design and engineering of structures, systems, and components of the Bharat Small Modular Reactor (BSMR). The agreement was signed on August 12, 2025, at NPCIL’s Mumbai office. The signing […]
Garden Reach Shipbuilders and Engineers (GRSE) Ltd has delivered the Survey Vessel (Large) Ikshak to the Indian Navy on 14 August 2025. The vessel is the third in a series of four Sandhayak-class ships being constructed by GRSE. The previous ships in the series, INS Sandhayak and INS Nirdeshak, were delivered in December 2023 and […]
Casio India, a subsidiary of Japan-based Casio Computer Co. Ltd., has started selling locally manufactured watch models in India as part of its strategy to expand production within the country. The move includes the manufacture of 28 curated models, combining Japanese technology with domestic manufacturing capabilities. Sales of the locally made watches began at the […]
Acer India has partnered with Plumage Solutions to manufacture laptops at a new facility in Puducherry. The plant, established under the Government of India’s Production Linked Incentive Scheme for IT hardware, has an annual production capacity of 300,000 units. It will also produce monitors, All-in-One desktops, servers, workstations, and power adapters as part of the […]
Detection Technology has expanded production at its service and manufacturing facility in Gurgaon (Gurugram), India, ramping up the output of detector cards. The initial focus was on end-assembly and final testing of detector boards for security X-ray imaging applications, with operations now scaled up to include thin-film transistor (TFT) flat panel detectors for industrial and […]
Bharat Innovative Glass Technologies (BIG Tech), a joint venture between Corning and Optiemus Infracom, is expected to begin manufacturing cover-glass parts for mobile consumer electronics in India by December 2025. The facility will produce finished cover-glass for smartphones, aiming to cater to domestic manufacturing demand. Cover-glass is a protective layer placed over mobile displays before […]
Olee Space, a Pune-based defence technology startup, has raised USD 3 million in seed funding from domestic and international investors, including Rockstud Capital and IIMA Ventures. The company plans to use the funds to scale production, enhance quantum-secure communication protocols, expand its laser-based satellite communication initiatives, and accelerate the development of high-energy laser systems. Founded […]
