Winoa-2Effe, the joint venture between Winoa and 2-Effe Engineering, has completed one year of operations at its shot peening center in Pune, India. Since its inauguration in June 2024, the facility has expanded its technical capabilities and team while focusing on strengthening its machine base and quality systems. Looking ahead, Winoa-2Effe is prioritizing two initiatives: […]
Kineco Limited, a diversified manufacturing company, has delivered its 100th front-end nose cone for the Vande Bharat Express, advancing its collaboration with Indian Railways in supplying key components for the semi‑high‑speed train fleet. The company had previously secured a contract to supply 68 front‑end nose cones for the Vande Bharat trains and, in 2022, won […]
ACME Solar Holdings has been awarded two standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh, with a combined capacity of 275 MW / 550 MWh. The projects were tendered by NHPC in February 2025 as part of efforts to strengthen the state’s energy storage infrastructure. The company’s successful bid for the Kuppam project […]
Cummins India Limited, a manufacturer of power generation systems, has launched its Battery Energy Storage Systems (BESS) as part of its expanding sustainable energy solutions portfolio. The systems are designed to support the integration of renewable energy sources such as solar and wind into existing power infrastructure, while also enhancing grid stability. The new BESS products […]
Hitachi Energy India Limited has received a INR 6.47 billion order from Power Grid Corporation of India Limited (POWERGRID) for 30 units of 765 kV, 500 MVA single-phase transformers. The equipment will be manufactured at the company’s Maneja facility in Vadodara, Gujarat, supporting POWERGRID’s transmission network expansion. Designed for ultra-high-voltage (UHV) AC applications, these transformers bolster India’s power […]
TNVS, an affiliate of Continental Carriers Group, and Sonovision, a subsidiary of France’s Ortec Group, have signed a Memorandum of Understanding (MoU) to establish a joint venture in India. The agreement was signed during the Paris Air Show and outlines plans to collaborate in aerospace and defence manufacturing and services. According to the companies, the […]
Hon Hai Precision Industry Co., an electronics manufacturer also known as Foxconn, has received regulatory clearance from Taiwan’s Ministry of Economic Affairs (MOEA) to invest approximately USD 1.49 billion in India through its Singapore-based subsidiary, Foxconn Singapore Pte. Ltd. The investment will be routed to Yuzhan Technology (India) Private Ltd., a company established to set […]
Hindalco Industries Ltd has announced the acquisition of AluChem Companies, Inc., a US‑based producer of specialty alumina, for an enterprise value of USD 125 million. The deal will be executed via Aditya Holdings LLC, a step‑down wholly owned subsidiary of Hindalco. This move gives Hindalco full ownership of AluChem and strengthens its North American footprint, adding three […]
Raphe mPhibr, an aircraft and UAV manufacturer, has secured USD 100 million in new funding to scale its aircraft and unmanned aerial vehicle (UAV) design and manufacturing capabilities in India. The round was led by General Catalyst, with participation from existing investors including Amal Parikh, Think Investments, and several high‑net‑worth family offices, bringing the company’s total capital […]
Reliance Defence Limited, a company promoted by Reliance Infrastructure, has secured an export order valued at INR 6 billion from Rheinmetall Waffe Munition GmbH. The contract is part of the company’s strategy to expand its international presence, especially in the European defence market. The order follows the recently announced strategic partnership between Reliance Defence and […]
