Knorr-Bremse, a manufacturer of rail and automotive components, has established a global artificial intelligence (AI) centre in Chennai, India, as part of its broader digital transformation strategy. The facility is scheduled to begin operations in August 2025 and is expected to employ around 70 specialists during its initial phase. The Chennai team will focus on […]
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Ather Energy to support electric vehicle (EV) manufacturing and promote deep-tech startup development in India. The partnership falls under the Startup Policy Forum’s “Build in Bharat” initiative, which includes over 50 innovation-focused startups. Under the agreement, DPIIT […]
Toyo Engineering India, a provider of engineering services, has commissioned a green methanol plant with a production capacity of 10 tons per day at NTPC’s Vindhyachal Super Thermal Power Station in Madhya Pradesh. The facility synthesizes methanol using carbon dioxide captured from flue gas and green hydrogen generated through water electrolysis. The project was undertaken […]
Amber Enterprises India Ltd.’s electronics arm, IL JIN Electronics India Pvt Ltd, has signed definitive agreements to acquire a 40.24 percent controlling stake in Unitronics (1989) (R”G) Ltd., a company based in Israel. Following the deal, IL JIN and Unitronics Joint Chairman Haim Shani will jointly hold approximately 45.13 percent of the company. Under the acquisition […]
Musashi India, a wholly‑owned subsidiary of Japan’s Musashi Seimitsu Industries, today announced an investment of INR 100 million in the first year to establish a new Musashi Technology Excellence Centre (MTEC) in Bengaluru at the Atria University Campus. The centre will specialise in energy storage systems and electric‑mobility technology. The R&D centre will focus on […]
Wipro Infrastructure Engineering (WIN) has announced the launch of a new division, Wipro Electronic Materials, aimed at manufacturing high-performance base materials for Printed Circuit Boards (PCBs). The company plans to invest approximately INR 500 crore in a new manufacturing facility in Karnataka, which is expected to commence production in 2026. The upcoming facility will produce […]
Hyderabad‑based spacetech startup Stardour, currently operating in stealth mode, has successfully completed a test fire of India’s first hydrogen‑oxygen propulsion engine, developed entirely in-house and conducted at the Indian Institute of Science (IISc), Bengaluru. The engine is intended to power Lucas, Stardour’s upcoming Orbital Transfer Vehicle (OTV), scheduled for a maiden launch in Q3 2027. Lucas […]
FORVIA India, an automotive technology group, has inaugurated a new production line for display infotainment systems at its Dhankot plant near Gurugram, Haryana. The initiative expands the company’s local manufacturing capabilities and results from the collaboration between Faurecia and HELLA, both part of the FORVIA Group. Senior leaders from Maruti Suzuki India Limited were present at […]
Simplex Castings Ltd. has secured an order valued at INR 223.7 million from Bhilai Engineering Corporation Limited. The contract covers the supply of over 500 heavy fabricated assemblies, including door bodies, frames, and flash plates. The company’s existing manufacturing infrastructure includes a cast iron foundry, steel and alloy foundry, heavy engineering and fabrication plant, and […]
NIBE Limited has entered into a technology collaboration agreement with Elbit Systems Land, a division of Israel-based Elbit Systems Ltd., to manufacture and supply the Universal Rocket Launcher (SURYA) in India. The system is designed to engage targets with precision at ranges of up to 300 km and will be produced for both domestic and […]
