Talbros Automotive Components Limited (TACL), along with its joint venture partners, has secured orders valued at approximately INR 5.8 billion. The orders, which cover both domestic and export markets, will be executed over the next five years. The contracts span multiple product lines, including gaskets, heat shields, forging components, chassis, and hoses. The company has […]
Steel Authority of India Limited (SAIL) has commissioned a new Ladle Furnace 2D (LF#2D) at the Steel Melting Shop-II (SMS-II) of its Rourkela Steel Plant (RSP) on 11 June 2025. The commissioning is part of the plant’s Caster-IV project and is expected to enhance the timely and efficient supply of liquid steel to the new […]
Ordnance Equipment Factory Hazratpur (OEF Hazratpur), a manufacturer of defence equipment, has exported its first batch of 10 brake parachutes for the Malaysian Air Force’s Sukhoi-30 aircraft. The export shipment was dispatched on June 11, 2025, and was secured through a local channel partner. OEF Hazratpur also continues to manufacture brake parachutes for the Indian […]
Titagarh Rail Systems (TRSL) has entered the forged wheel manufacturing sector through a joint venture with Ramkrishna Forgings to address persistent supply disruptions that have impacted train and coach production in recent quarters. Production from the new facility is expected to stabilize starting June. The joint venture has set up a manufacturing capacity of approximately […]
Hilton Metal Forging Ltd, a manufacturer of industrial components, has successfully manufactured a forged railway wagon wheelset, which has been inspected and approved by RITES. A single railway forged wagon wheelset includes two forged wheels and one forged axle, with each coach or wagon requiring four wheelsets. The company plans to manufacture over 3,000 railway […]
Solarium Green Energy Limited, a provider of turnkey solar solutions, plans to establish a solar module manufacturing facility with an annual production capacity of approximately 1000 MW in Ahmedabad, Gujarat. The project involves an estimated capital expenditure of INR 700 million, in addition to the required working capital, and will be financed through a debt-to-equity ratio […]
Minda Corporation Limited, a manufacturer of auto components, has signed a joint venture agreement with Japan-based Toyodenso Co. Ltd. to manufacture and sell advanced automotive switches in India. The new joint venture company will be established with Minda Corporation holding a 60 percent stake and Toyodenso holding the remaining 40 percent. Operations are expected to […]
Redwing, a developer of Beyond Visual Line of Sight (BVLOS) drones, has acquired the assets of Swedish drone delivery company Aerit, marking its entry into the European market and expanding its drone logistics capabilities. The acquisition includes Aerit’s autonomous flight technology and machine learning-based flight routing systems, strengthening Redwing’s operational portfolio. Aerit previously collaborated with Foodora […]
Ikjot United, a manufacturer of industrial machinery, has established a large-scale manufacturing facility for CNC heavy-duty machines in India. The company currently has over 72 CNC machines under simultaneous production at various stages, including assembly, trials, and packing. The manufacturing infrastructure spans more than 1.1 million square feet of covered area and employs over 2,650 […]
Menon Bearings Limited (MBL), a manufacturer of auto components, has received an international order from Allison Transmission, a U.S.-based company, for the supply of approximately 7.5 million pieces per year. The order, valued at around USD 3.73 million annually, covers the manufacturing and supply of thrust washers and bushings. The agreement will be executed on […]
