Airbus Helicopters and Tata Advanced Systems Limited inaugurated a final assembly line (FAL) for the H125 helicopter in Vemagal, Karnataka, on 17 February 2026. The facility is expected to deliver the first “Made in India” H125 in early 2027. The Vemagal facility, described as India’s first private-sector helicopter FAL, will undertake full assembly, integration and […]
Isgec Heavy Engineering Limited reported higher quarterly earnings and a rise in its order book, while its board approved an additional investment to expand capacity in the Machine Building division. The investment forms part of a phased expansion programme aimed at increasing manufacturing capacity for presses and industrial machinery. The board approved a further investment […]
Sharda Motor Industries Limited reported new capital expenditure, multiple order wins in its lightweighting and export verticals, and revenue growth for the quarter ended 31 December 2025. The company announced plans to set up a new manufacturing facility in Uttarakhand with an investment of approximately INR 200 million, while also securing cumulative new annual orders […]
Uniparts India Limited reported a 35 percent year-on-year increase in revenue for the quarter ended 31 December 2025, supported by new business wins and improving demand across construction and agriculture segments. The company reiterated a mid-teens revenue growth outlook for both FY26 and FY27. Revenue from operations in Q3 FY26 stood at INR 2.81 billion, […]
Mahindra & Mahindra Limited plans to expand sport utility vehicle (SUV) and tractor manufacturing capacity over the next two years while targeting annual electric vehicle (EV) volumes of more than 80,000 units in calendar 2027. The company detailed the expansion roadmap during its Q3 FY26 earnings conference call held on 11 February 2026. The automaker […]
Acutaas Chemicals Limited has completed the acquisition of a 75 percent shareholding in South Korea-based Indichem Inc through its wholly owned subsidiary, Acutaas Advance Material Limited. The transaction results in Indichem Inc becoming a step-down subsidiary of Acutaas Chemicals, with the acquisition of the controlling stake now concluded. Indichem Inc operates in the semiconductor chemicals […]
TVS Supply Chain Solutions Limited has signed a memorandum of understanding (MoU) with Italy-based ALA Group to collaborate on opportunities in India’s aerospace and defence supply chain market, estimated at approximately USD 28 billion. The agreement, announced on 16 February 2026, establishes a strategic framework to jointly pursue opportunities, initially in India with potential to […]
Centum Electronics Limited has discontinued operations of its Canada-based subsidiaries and approved restructuring actions for its French subsidiaries as part of a strategic portfolio realignment. The measures are aimed at exiting loss-making overseas operations and sharpening focus on high-growth electronics system design and manufacturing activities. According to a press release issued by the company on […]
Bosch Limited has appointed Tillmann Olsen as its Chief Financial Officer (CFO) and Key Managerial Personnel with effect from 1 June 2026. The decision was approved by the company’s Board of Directors at its meeting held on 17 February 2026. The company said in a stock exchange filing that Karin Gilges, the current CFO and […]
ArcelorMittal Building Solutions India inaugurated its first manufacturing plant in India on 12 February 2026 at Vile Bhagad, Maharashtra, marking the company’s entry into local production of building envelope solutions. The facility, located about 100 kilometres from Mumbai, was developed as a greenfield project and will function as a downstream finishing unit. The project was […]
