TIL Limited, a manufacturer of material handling and infrastructure equipment, has established a dedicated Strategic Business Unit (SBU), named TIL Defence, to focus on the production of military equipment for India’s armed forces. The company’s board has approved a multi-year expansion plan for this unit, which is expected to handle defence orders valued at approximately INR […]
Nibe Limited, an Indian defence technology company, has signed a licensing agreement with the Research & Development Establishment (Engineers) (R&DE(E)), Pune, a unit under the Defence Research and Development Organisation (DRDO), for the transfer of technology for a Modular Bridging System. The agreement enables Nibe to manufacture and supply these mobile bridges, with lengths ranging from […]
Goa Shipyard Ltd. (GSL), a shipbuilding company, laid the keel for Yard 1283, the fourth Next Generation Offshore Patrol Vessel (NGOPV) being built for the Indian Navy, on 9 June 2025. The ceremony was held at GSL’s shipyard and attended by Vice Admiral Krishna Swaminathan, Vice Chief of the Naval Staff, Brajesh Kumar Upadhyay, Chairman and […]
The Defence Research and Development Organisation (DRDO) has transferred technologies for nine defence systems to 10 companies. The technology transfers were carried out by the Vehicles Research & Development Establishment (VRDE), a DRDO laboratory based in Ahilyanagar, Maharashtra. The agreements were handed over during an event held at VRDE on June 7, 2025, attended by […]
Shyam Metalics & Energy Limited, a metal-producing company, is planning significant capacity expansions across its product portfolio, including carbon steel, stainless steel, and aluminium, with a focus on forward and backward integration. The company has committed a total capital expenditure (CAPEX) of USD 1,172.9 million, of which USD 770.3 million has been incurred at the […]
Tenneco, a manufactrurer of auto components, has appointed Mahender Chhabra as Chief Financial Officer for its India operations, effective immediately. Chhabra will oversee financial strategy, operations, compliance, and performance across Tenneco’s businesses in India, including Clean Air, Monroe Ride Solutions (MRS), Champion Ignition, and Powertrain (Bearings and Sealing). Chhabra will report to Arvind Chandra, Chief […]
Setco Automotive, a manufacturer of truck components, has expanded its product portfolio and achieved significant improvements in quality metrics, according to information provided by the company. The company has introduced new products, including clutch release bearings (CRB) and central support bearings (CSB), and reported its best-ever rejection rates, now below 5 percent. Setco’s subsidiary, Lava […]
Hodek Vibration Technologies Pvt Ltd has inaugurated its third manufacturing unit in Dharwad, Karnataka, expanding its production capacity and reinforcing its growth plans. The new plant is equipped with automation-ready infrastructure and is built to Industry 4.0 standards, aimed at supporting future manufacturing needs. With this development, Hodek now operates three production facilities—one in Pune […]
Jupiter Electric Mobility (JEM), the electric vehicle division of Jupiter Wagons Limited, has entered into a memorandum of understanding with logistics company Pickkup for the deployment of 300 electric light commercial vehicles (e-LCVs) by the end of 2025. The agreement includes the rollout of JEM TEZ vehicles across Pickkup’s logistics network, supporting last- and mid-mile […]
Balkrishna Industries Ltd (BKT), a manufacturer of off-highway tires, plans to expand its Carbon Black production capacity from 200,000 metric tonnes per annum (MTPA) to 360,000 MTPA at its Bhuj facility. The project includes the addition of a 24 MW cogeneration power plant, which will increase the total co-gen capacity at the site to 64 […]
