August 13, 2025
Unimech Aerospace, in partnership with Dheya Engineering Technologies Private Limited, has developed a working prototype of the DET-500, a 500N-class micro turbojet engine. This engine is designed for use in drones, loitering munitions, and other defense platforms. The project encompasses end-to-end manufacturing, including design for manufacturing (DFM), precision 5-axis machining, temperature-controlled assembly, and dynamic balancing […]
August 13, 2025
HBL Engineering Limited has secured a INR 541.2 million contract from West Central Railway for the survey, design, supply, installation, testing, and commissioning of trackside KAVACH equipment. The project spans 18 stations and level crossing gate locations across the Kota-Ruthiyai and Sogaria-Kota “C” sections, covering 166 route kilometers in the Kota division. The contract is […]
August 13, 2025
BEML Limited has secured an order worth INR 18.88 billion from the Integral Coach Factory (ICF) to manufacture, supply, test and commission 600 Linke-Hofmann-Busch (LHB) passenger coaches. The contract covers a mix of day and sleeper variants and is scheduled to be completed within 15 months. According to the company, the coaches will include modular […]
August 13, 2025
Thermax Limited, an energy and environment solutions company, has entered into a strategic partnership with Norway-based HydrogenPro ASA for the supply, installation, commissioning, and after-sales service of alkaline electrolyser systems in India. Under the arrangement, HydrogenPro will provide technology licensing, stacks, future upgrades, and technical support, while Thermax will integrate the systems into ongoing green hydrogen […]
August 13, 2025
Stallion India Fluorochemicals Limited (SIFL) has signed a Memorandum of Understanding with the Government of Rajasthan to set up an R-32 refrigerant gas manufacturing facility in Bhilwara district, Rajasthan. The project will also produce other refrigerants, including R-410A, R-404A, R-407C, R-454B, R-515B, and R-513A. The facility is scheduled to begin operations in 2026. The proposed […]
August 13, 2025
Reinhausen India Private Limited, a manufacturer of electrical equipment, has opened a new facility in Pune, Maharashtra, to expand its local service capabilities and increase engagement with the Indian power sector. The opening event took place on 16 July 2025 at the Hyatt Regency Pune. Located at MIDC Chakan, the facility is intended to provide […]
August 13, 2025
PTC Industries Limited and Kineco Aerospace & Defence have signed a Memorandum of Understanding (MoU) to jointly develop and manufacture value-added aerospace components and structural assemblies. The collaboration combines PTC’s high-integrity castings and work with titanium and superalloys with Kineco’s lightweight composite structures for aerospace and defence applications. The scope of the collaboration includes co-development […]
August 13, 2025
HHV Advanced Technologies Pvt. Ltd. (HHVAT), a Bengaluru-based thin film technology company, has invested in Hyderabad deep-tech startup EON Space Labs as part of a USD 1.2 million pre-Series A funding round, which also includes MGF Kavachh. The investment establishes HHVAT as a strategic long-term partner of EON Space Labs. The funding will be used to […]
August 12, 2025
Bosch Limited reported total revenue from operations of INR 47.89 billion for the first quarter of FY 2025–26, up 10.9 percent from the same period last year. The company attributed the increase to higher demand in the off-highway and passenger car segments. Profit Before Tax (excluding exceptional items) was INR 8.38 billion, representing 17.5 percent […]
August 12, 2025
Hyundai Motor India Ltd (HMIL) increased its localisation level to 81.7 percent in the fiscal year 2024-25 for internal combustion engine (ICE) vehicles, up from around 78 percent the previous year. Since 2019, the company has localised more than 1,200 components in collaboration with nearly 200 suppliers. In its annual report for 2024-25, HMIL highlighted […]
