News

Alpha Tocol Delivers First Rear Fuselage for LCA Mk1A to HAL

Alpha Tocol Engineering Services Private Ltd has delivered the first rear fuselage for the Light Combat Aircraft (LCA) Mk1A to Hindustan Aeronautics Limited (HAL). The handover event took place at HAL’s Aircraft Division in Bengaluru, with defence officials and industry representatives in attendance. The rear fuselage, a key structural component supporting the tail section, is […]

ArcelorMittal-Nippon Steel to Invest USD 16.8 Billion in Andhra Pradesh Steel Plant

ArcelorMittal-Nippon Steel (AM/NS) plans to invest approximately USD 16.8 billion in an integrated steel plant in Nakkapalli mandal, Anakapalli district, Andhra Pradesh. The project will be executed in two phases: the first phase involves an investment of USD 7.1 billion for a production capacity of 7.3 million metric tonnes per annum (MMTPA), and the second […]

Ultraviolette Plans USD 100 Million Investment Over Four Years

Electric two-wheeler manufacturer Ultraviolette plans to invest up to USD 100 million over the next three to four years to expand its product portfolio, manufacturing capacity, and sales network. The company aims to achieve annual sales of 100,000 units within this period and expand its presence in India, Europe, and Southeast Asia. The company has […]

SECON Delivers Missile Cum Ammunition Barge to Indian Navy

The eighth and final Missile Cum Ammunition (MCA) Barge, LSAM 11 (Yard 79), was delivered to the Indian Navy on March 7, 2025, at the Naval Dockyard, Mumbai. The vessel was constructed by SECON Engineering Projects Pvt Ltd, a Visakhapatnam-based shipyard, under a contract signed on February 19, 2021. The MCA Barges were designed in […]

Dassault Aviation Considers Rafale F5 Assembly Line in India

Dassault Aviation is evaluating the establishment of an assembly line in India to produce the Rafale F5 variant, according to CEO Eric Trappier in a report by L’USINENOUVELLE. The company anticipates potential orders from the Indian government, aligning with localization requirements under the Make in India initiative. The Rafale F5 is expected to feature enhanced […]

Avantel and Safran Space Announce Partnership for Satellite Ground Segment Development

Avantel Limited has announced a partnership with Safran Space to develop satellite ground segment capabilities in India. The collaboration aims to design, manufacture, and integrate multi-band antennas to support satellite communication needs in the region. According to an update issued by Avantel, the company will leverage its facilities in Hyderabad and Visakhapatnam for the project. […]

Haier Expands Greater Noida Manufacturing with New AC and Injection Molding Units

Haier Appliances India has expanded its manufacturing operations at its Greater Noida plant with the inauguration of a new injection molding facility and the commencement of an air conditioner (AC) production unit. The company has committed an investment of INR 10 billion between 2024 and 2028 for these expansions. The new AC factory will have […]

Foxconn to Receive INR 6,970 Crore Incentive Under Karnataka’s ESDM Policy

Foxconn will receive an incentive of INR 6,970 crore from the Karnataka government under the state’s Electronics System Design and Manufacturing (ESDM) policy. The announcement was made by Karnataka Chief Minister Siddaramaiah during the state budget speech on March 7. Foxconn is in the process of setting up a smartphone manufacturing facility in the Devanahalli […]

John Cockerill Defense and Electro Pneumatics & Hydraulics Form Joint Venture for Indian Light Tank Program

John Cockerill Defense and Electro Pneumatics & Hydraulics Pvt Ltd have announced a joint venture (JV) to manufacture and assemble turrets for the Indian Army’s Indian Light Tank (I.L.T) program. The partnership will combine John Cockerill’s expertise in advanced weapon systems with Electro Pneumatics & Hydraulics’ local manufacturing capabilities. The JV aims to support India’s […]