News

MAHLE ANAND Inaugurates Third Nocolock Furnace at Pune Plant

MAHLE ANAND Thermal Systems (MATS), a joint venture between the ANAND Group and MAHLE Behr GmbH, has inaugurated its third Nocolock Furnace at its manufacturing facility in Pune, Maharashtra. The move is part of the company’s ongoing investment in increasing production capacity and advancing thermal technology. According to the company, the newly installed furnace includes […]

L&T Precision Engineering and Green Aero Partner to Develop Micro Turbojet Engines

L&T Precision Engineering and Systems has entered into a strategic cooperation agreement with Delhi-based startup Green Aero Propulsion to jointly develop indigenous micro turbojet engines for high-speed unmanned aerial vehicles (UAVs). The collaboration is aimed at strengthening domestic development of drone propulsion systems. According to the company, the partnership will combine L&T’s precision engineering capabilities […]

ZF Group Wins Orders for Powertrain and Tyre Testing Systems in India

ZF Group, an automotive systems supplier, has secured multiple orders in India for automotive test systems, including a 440 kW differential unit test bench and eight tyre testing systems. According to the company, these projects mark its entry into the Indian powertrain and next-generation mobility testing market. The first order involves supplying a 440 kW transmission […]

India and Russia Sign Protocol to Deepen Cooperation in Aerospace, Aluminium, Fertilisers, Railways & Mining

India and Russia signed a protocol on 6 August 2025 in New Delhi to advance cooperation in key industrial sectors including aluminium, fertilisers, railways, aerospace projects, and mining technologies, during the 11th Session of the India‑Russia Working Group on Modernisation and Industrial Cooperation. The session was co‑chaired by Amardeep Singh Bhatia, Secretary of the Department for Promotion […]

Lokesh Machines Wins Defence Contract for Medium Machine Gun Modifications

Lokesh Machines Limited has secured an order worth INR 176.8 million (inclusive of GST) from the Indian Ministry of Defence (Army headquarters, New Delhi). The contract covers the supply of modification kits for existing 7.62 × 51 mm Medium Machine Guns (MMGs), with full delivery due within 12 months from the effective date. The 7.62 mm MAG‑type MMG […]

Airbus Appoints Jürgen Westermeier President & Managing Director for India and South Asia

Airbus has appointed Jürgen Westermeier as President and Managing Director for India and South Asia, effective 1 September 2025. He will succeed Rémi Maillard, who is moving into the role of Executive Vice‑President Engineering for Commercial Aircraft and Head of Technology at Airbus. In this new capacity, Westermeier will oversee Airbus’s operations across Commercial Aircraft, Defence & […]

GPIL Approves INR 16 Billion Capex for Steel Mill and BESS Projects

Godawari Power & Ispat Ltd, an integrated steel company, has announced a proposed capital expenditure of INR 16 billion for two major expansion initiatives, as per its board resolution dated 5 August 2025. The first project envisages a 0.70 MTPA cold‑rolling mill to be built at Village Sarora, Tehsil Tilda, District Raipur, Chhattisgarh, with an estimated cost […]

IndiGo Begins Construction of MRO Facility in Bengaluru

IndiGo has officially begun work on a new Maintenance, Repair and Overhaul (MRO) facility at Kempegowda International Airport (BLR) in Bengaluru. The project, spread across 31 acres, involves an investment of INR 11 billion and is expected to be fully operational by early 2028. The facility will include up to 12 hangar bays, capable of servicing […]

Tata AutoComp And Ichikoh Form JV To Acquire Valeo India Lighting Unit

Tata AutoComp Systems Ltd has formed a 50:50 joint venture with Japan’s Ichikoh Industries Ltd to acquire the Valeo Lighting Systems (VLS) business from Valeo India Pvt Ltd. Ichikoh is approximately 61.2 percent owned by Valeo, and the acquisition remains subject to definitive agreements and regulatory approvals. The JV is aimed at serving India’s booming […]