The Ministry of Defence has signed a $248 million contract with Russian state arms exporter Rosoboronexport to procure 1,000-horsepower (HP) engines for the Indian Army’s T-72 tanks. The agreement includes engines in fully assembled, completely knocked down, and semi knocked down conditions. As part of the contract, technology transfer will be provided to Armoured Vehicles […]
Tata Electronics has signed a Memorandum of Understanding (MoU) with Taiwan-based Himax Technologies and Powerchip Semiconductor Manufacturing Corporation (PSMC) to collaborate on display semiconductors and ultralow power AI sensing technologies. The partnership will focus on chip design, manufacturing, and system-level solutions for the Indian and global markets. The agreement builds on a 2024 collaboration between […]
Apollo Micro Systems has received orders totaling ₹50.97 crore from multiple domestic private companies, according to a company statement. The contracts involve the supply of electronic components and surveillance systems, with execution timelines ranging from three to four months. One of the orders, valued at ₹11.69 crore, was awarded by Reliable Technosystems India Pvt. Ltd. […]
Westermo has inaugurated its first entity in Bengaluru, India, as part of its expansion strategy. The facility, located in Hebbal, Bangalore North, is intended to enhance sales and production capacity while also supporting key business functions such as operations and technical support. The inauguration took place on March 6, 2025, and was attended by customers, […]
Eaton Electric India Private Limited has laid the foundation stone for a new 100,000 square foot manufacturing and research facility in Sholinganallur, Chennai. The facility, which represents an investment of Rs 200 crore, is expected to be completed by the end of 2026 and create 500 jobs. The groundbreaking ceremony was conducted on March 7, […]
AGNIT Semiconductors has been awarded the Semiconductor Startup Award 2025 by the India Electronics and Semiconductor Association (IESA). The award was presented at the IESA Vision Summit 2025, held on March 6 in Gandhinagar, Gujarat. AGNIT, incubated at the Foundation for Science Innovation and Development (FSID) at the Indian Institute of Science (IISc), focuses on […]
Jay Bharat Maruti Limited (JBML) has increased its stake in JBM Ogihara Die-Tech (P) Ltd. (JODT) from 39% to 49% by acquiring an equity stake from joint venture partner Ogihara Thailand Co. Ltd. (OTC). JODT, a joint venture with JBM Auto Ltd. (JBMA) and OTC, manufactures press stamping dies, including high-tensile and critical body-in-white (BIW) […]
Mohali-based CDIL Semiconductors has signed a memorandum of understanding with Germany’s Infineon Technologies to collaborate on semiconductor manufacturing and supply for the Indian market. Under the agreement, Infineon will provide bare die wafers, which CDIL will package into discrete and module semiconductor products for Indian customers. According to CDIL, the partnership will focus on developing […]
TCPL Packaging has inaugurated a new manufacturing facility near Chennai, enhancing its production capacity for paperboard cartons. The facility became operational on March 6, 2025, increasing the company’s total number of manufacturing units to nine across India. The Chennai plant is strategically located near major industrial manufacturing hubs, offering logistical advantages and improved access to […]
The Department for Promotion of Industry and Internal Trade (DPIIT) and Mercedes-Benz India have signed a Memorandum of Understanding (MoU) to support India’s manufacturing ecosystem, road safety initiatives, and environmental sustainability. The collaboration will focus on providing infrastructure, mentorship, funding, and market access for startups. According to DPIIT, the partnership will facilitate international collaborations and […]
