Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding (MoU) with Drydocks World, a DP World company, to collaborate on the development of ship repair clusters in India. The agreement focuses on expanding maritime infrastructure by establishing repair facilities and exploring offshore fabrication opportunities. The proposed ship repair clusters are planned for locations including […]
Godrej Industries’ Chemicals Business has completed the acquisition of the food additives business of Savannah Surfactants Limited. The acquired unit, located in Goa, includes a manufacturing facility with a capacity of 5,200 metric tons per annum (MTPA) of finished products. The transaction, finalized at the beginning of the 2025–26 fiscal year, marks a move by […]
BEML Ltd has introduced a 12×12 High Mobility Vehicle (HMV) designed and manufactured at its Palakkad facility. The vehicle has been developed for the Vehicles Research and Development Establishment (VRDE), a unit of the Defence Research and Development Organisation (DRDO), under the Ministry of Defence. The HMV 12×12 is built to operate in challenging terrains […]
Allison Transmission has expanded its manufacturing facility in Oragadam, Sriperumbudur, Chennai, following an additional investment of INR 7.63 billion, following an earlier commitment of INR 4.56 billion made during the Tamil Nadu Global Investors Meet 2024. According to the company, the expansion will enable it to scale up global production of fully automatic transmissions. The […]
EKI Energy Services has announced an investment in Tvasta Manufacturing Solutions, a Chennai-based company engaged in additive manufacturing. The move involves a minor equity stake and is intended to generate returns on EKI’s surplus funds. The partnership is expected to be formalised by April 30, 2025. Founded in 2016 by Adithya Jain, Parivarthan Reddy, and […]
Kinetic Engineering Limited has invested INR 50 million in its subsidiary, Kinetic Watts and Volts Limited (KWVL), by subscribing to 5 million equity shares at INR 10 per share. Following this investment, Kinetic Engineering’s shareholding in KWVL has increased from 61.63% to 66.11%. KWVL was incorporated on September 27, 2022, and is engaged in the […]
SolarPower Europe and the National Solar Energy Federation of India (NSEFI) have signed a Memorandum of Understanding (MoU) aimed at strengthening cooperation between the European Union and India in solar manufacturing. The agreement focuses on diversifying and improving the resilience of global solar value chains through joint initiatives in business development, regulatory coordination, and knowledge […]
AIM Solder and India-based Persang Alloy Industries Pvt. Ltd. have entered into a joint venture aimed at expanding manufacturing operations and product offerings in the solder materials sector. The partnership is expected to enhance the availability of solder pastes, fluxes, and related materials for the electronics assembly industry. According to the announcement, the venture will […]
Jeh Aerospace has inaugurated the Jeh Center of Aerospace Skill (JCAS), a dedicated training facility aimed at developing a specialized workforce for the aerospace manufacturing sector. The facility is designed to support machinists, assemblers, inspectors, and engineers with role-specific training aligned to industry production standards. Locataed in Hyderabad, JCAS includes a three-tiered training structure: classroom-based […]
Square Port Shipyard has signed a Memorandum of Understanding with Damen Technical Cooperation B.V., a group company of Damen Shipyards Group N.V. The agreement aims to facilitate shipbuilding activities at Square Port’s facility in Dabhol, Maharashtra, for both domestic and export markets. Under the MoU, Damen Technical Cooperation will support the development of the Dabhol […]
