ZF has secured a multi-year order from a leading original equipment manufacturer (OEM) in India for its AxTrax 2 LF electric portal axle for city buses. The agreement covers the supply of several thousand units for the Indian domestic market and for global exports, with first deliveries scheduled for 2026. The order was awarded to […]
Bharat Electronics Limited stated that its Board of Directors has approved the signing of a Joint Venture Agreement (JVA) with Safran Electronics and Defence, France, for Project HAMMER. The decision was taken at the board meeting held on 15 February 2026, and the operationalisation of the joint venture agreement is subject to regulatory and administrative […]
Thales on 16 February 2026 launched Thales Research & Technology India at its Engineering Competence Centre in Bengaluru, adding India to its network of five global corporate laboratories for Research & Technology. The launch was held during the week of the India AI Impact Summit and aligns with the India–France Year of Innovation 2026. According […]
Patil Automation Limited has inaugurated a new Design Hub in Pune to strengthen its engineering and digital development capabilities as automation projects increase in scale and complexity. The facility, announced on 16 February 2026, is aimed at enhancing the company’s ability to design, simulate, and execute complex automation systems across industries. The Design Hub will […]
Aequs Limited has signed a non-binding memorandum of understanding (MoU) with Guidance, the nodal agency of the Government of Tamil Nadu, to establish a large-scale Aerospace & Defence manufacturing cluster at SIPCOT Shoolagiri in Krishnagiri district. The agreement was executed on 16 February 2026 and covers the manufacture of components for aircraft engines, landing gear […]
Marine Jet Power (MJP) India inaugurated a waterjet production and testing facility in Goa on 13 February 2026. The facility was inaugurated by Director General of the Indian Coast Guard (ICG) Paramesh Sivamani and has been established under a Manufacturing and Transfer of Technology framework. The facility enables domestic production and indigenous testing of waterjet […]
Larsen & Toubro Limited reported a 34 percent year-on-year increase in revenue from its Hi-Tech Manufacturing segment to approximately Rs 33 billion in the third quarter of FY26, driven by execution ramp-up in the Precision Engineering & Systems business. The Precision Engineering order book stood at Rs 315 billion as of December 2025, forming the […]
Bosch Limited said it has expanded localisation of key emission and fuel injection components in India while advancing plans in electric vehicle (EV) e-axles and hydrogen technologies for commercial vehicles. The company also reported increased export volumes in select product categories and confirmed ongoing capacity reviews aligned with anticipated production growth across automotive segments. The […]
Talbros Automotive Components Limited said it has secured new orders worth over INR 10 billion across its standalone operations and joint ventures, with execution scheduled over the next five years and commercialisation beginning from FY27. The company also outlined a capital expenditure plan of INR 1.62 billion for FY27, in addition to INR 160 million […]
Tenneco Clean Air India Limited announced plans to invest approximately INR 710 million in a new Clean Air greenfield plant in Kharkhoda, Haryana, with production targeted to begin in the third quarter of FY2027. The planned facility will strengthen proximity to its northern customer base and support awarded programmes across light vehicle, off-highway and tractor […]
