Bharat Forge, an industrial engineering company, has approved the transfer of specific defence business assets to its wholly owned subsidiary, Kalyani Strategic Systems Limited (KSSL), as part of an internal restructuring process. KSSL, incorporated on December 20, 2010, is engaged in the development and deployment of defence products and components. The company reported revenue from […]
Ericsson, a telecommunications company, has started exporting its first antenna model manufactured in India, with commercial rollout beginning in June and international shipments scheduled from July. This marks an expansion of the company’s passive antenna manufacturing and engineering operations in India. According to the company, more than 50 percent of the antenna components are locally […]
Singareni Collieries Company Limited (SCCL), a government-owned coal mining company, is set to begin extracting and supplying scandium and strontium from mine waste at its Sathupalli and Ramagundam open-cast coal mines starting August, according to a CNBC-TV18 report. The initiative aligns with a national directive requiring all Indian mines to assess overburden, tailings, and other waste […]
Samvardhana Motherson International Limited, an an automotive component manufacturer, has increased its equity stake in CIM Tools Private Limited from 55 percent to 68.14 percent following the conversion of compulsory convertible debentures (CCDs) worth INR 1.75 billion into equity shares. The conversion was approved by the Board of Directors of CIM Tools on June 30, 2025. […]
Bharat Earth Movers Ltd (BEML) has inaugurated a new warehousing facility at the KIADB Aerospace Special Economic Zone (SEZ) in Bengaluru as part of its broader aerospace sector expansion plans. The Phase I facility spans 0.12 acres and is designed to support integrated logistics and supply chain operations. The company has also commenced groundwork for […]
The Central Manufacturing Technology Institute (CMTI) inaugurated a Certified Reference Materials (CRM) Facility during its 64th Foundation Day celebration. The facility was formally opened by H.D. Kumaraswamy, Union Minister for Heavy Industries and Steel. As part of the event, CMTI outlined its major activities during the financial year 2023–24. Over the year, the institute developed […]
L&T Technology Services (LTTS), a technology company that provides engineering research and development services, has entered into a strategic agreement with thyssenkrupp Steering to set up a software development center in Pune, India. The facility, managed by LTTS, will serve as a global hub for developing software that supports advanced steering technologies. The Pune center will focus […]
Reliance Defence, a company promoted by Reliance Infrastructure, has partnered with US‑based Coastal Mechanics Inc. to establish Maintenance, Repair, Overhaul (MRO), and upgrade services for defence platforms. The partnership targets India’s estimated INR 200 billion (approximately USD 2.4 billion) MRO and lifecycle support market. The partnership will deliver end‑to‑end MRO and upgrade solutions for a […]
PACE Digitek has inaugurated a state‑of‑the‑art battery energy storage systems (BESS) manufacturing facility at the Bidadi Industrial Area near Bengaluru. The new plant, with an annual cell‑to‑pack production capacity of 5 GWh, features a fully automated assembly line designed to optimize efficiency and minimize manual intervention. At the launch event, Union Minister for New and Renewable […]
SKF India, a manufacturer of bearings, plans to expand manufacturing capacity across both its automotive and industrial segments by 2030. These expansion plans involve the company’s plants in Haridwar, Bangalore and Pune. The Haridwar plant is set for a 50 percent capacity increase, supported by an investment of INR 1,000–1,500 million, targeted for completion by […]
