Bharat Forge Ltd. (BFL), a forging and precision engineering company, will establish a new advanced ring mill dedicated to aerospace applications. This follows the signing of a contract with Pratt & Whitney Canada for the supply of aerospace components. The facility, aimed at strengthening BFL’s aerospace manufacturing capabilities, is expected to be operational by 2026. The […]
Schaeffler India has announced the fourth edition of its Social Innovator Fellowship Program, which will provide financial and mentorship support to ten young innovators developing scalable solutions to environmental and social challenges. Each selected fellow will receive a grant of INR 175,000 and take part in a 24-week hybrid mentorship program delivered in collaboration with […]
Haridra Packaging Solutions Pvt. Ltd. has commissioned a new manufacturing facility in Aurangabad, Maharashtra, equipped with 15 Shibaura (Toshiba) injection moulding machines ranging from 700 to 2000 tons in capacity. The plant includes a Machine Control System (MCS) and is designed to produce large and technically complex moulded components. The facility aims to enhance production […]
Schneider Electric, a provider of electrical equipment and infrastructure solutions, has agreed to acquire the remaining 35 percent stake in its Indian joint venture from Temasek for EUR 5.5 billion (USD 6.4 billion) in cash. The transaction will give Schneider Electric full ownership of Schneider Electric India. The company stated that the move will help accelerate […]
Kaynes Technology India Limited, an electronics manufacturing services company, has announced plans to acquire majority stakes in two aerospace manufacturing companies and a minority stake in a deep-tech firm, with a total investment of approximately INR 437.63 million. The company will acquire a 76 percent stake in Aerocaliph Components Private Limited for up to INR 6.03 […]
Chowgule & Company Pvt. Ltd., a shipbuilding and infrastructure development ccompany, has commenced construction of the first of six Air Cushion Vehicles (ACVs) for the Indian Coast Guard (ICG) at its shipyard in Goa. The vessels are being built under a contract worth INR 3,874.4 million, signed with the Ministry of Defence on 24 October 2024. […]
VCL India, a provider of gas valve systems, has inaugurated a new office in Bhubaneswar as part of its expansion into India’s iron, steel, and glass sectors. The company aims to support downstream industries and metal ancillary units by offering spare parts and refurbishment services for gas valves used in smelters. The new office enhances VCL […]
Anevolve Private Limited, along with Asia Investments UK Private Limited, has entered into an agreement to acquire a majority stake in APAG Holding AG, the Swiss subsidiary of Kanoria Chemicals & Industries Limited, through a two-tranche transaction. In the first tranche, scheduled for completion by September 2025, Anevolve and Asia Investments will jointly infuse USD […]
AXISCADES Technologies has secured defence electronics orders worth approximately INR 6 billion across airborne, naval and radar‑based platforms. These projects, to be executed over the next three to five years, cover development, prototyping and full‑scale production. Awarded via the company’s defence subsidiaries through premier Indian defence laboratories and PSUs, the contracts involve designing and supplying […]
Vilas Transcore Limited, a manufacturer of transformer components, has commenced commercial production of cold-rolled grain-oriented (CRGO) laminations and nano-crystalline cores at its newly established manufacturing plant in Ganpatpura, Karjan, Vadodara, Gujarat. This follows a three-week trial production phase. The facility spans 450,000 square feet and is equipped to handle the entire production process, including raw […]
