News

IN-SPACe Selects Astrome, Azista Industries and Dhruva Space for Satellite Bus-as-a-Service Platforms

Indian National Space Promotion and Authorisation Centre (IN-SPACe) has announced the results of its Satellite Bus as a Service (SBaaS) Announcement of Opportunity for hosted payload platforms. Astrome Technologies, AZISTA INDUSTRIES PRIVATE LIMITED and Dhruva Space have been selected to develop indigenous modular small satellite bus systems capable of hosting multiple payloads and supporting future […]

SpaceFields Hot-Fires Solid Rocket Motor for Indian Navy

SpaceFields Private Limited, an Indian deep-tech startup based in Bengaluru specialising in the design and manufacturing of solid propulsion systems and energetic materials for aerospace and defence, has completed the design, manufacture and delivery of a solid propulsion system to a Naval Armament Inspectorate of the Indian Navy. Sudarshan Samal, Co-founder and CTO at SpaceFields […]

Octobotics Tech Pvt Ltd Secures INR 98 Million in Seed Funding Led by Navam Capital

Octobotics Tech Pvt Ltd, an industrial robotics company developing AI enabled non destructive testing (NDT) systems, has secured INR 98 million in a seed funding round led by Navam Capital. The round also saw participation from Navam and BYT Capital, with the company stating that the investment will support vertical integration of its technology stack […]

BASF Expands Dispersions Production Capacity with New Line at Mangalore Site in India

BASF is expanding its dispersions production capacity at its Mangalore site in India with the addition of a new production line. The move is intended to support demand from the architectural paints, construction chemicals and paper industries, and to enhance local supply reliability. “The expansion of our Mangalore site will strengthen synergies across BASF’s Asia […]

EREMA and Lindner Washtech Establish India Subsidiary for Mechanical Recycling Systems

EREMA and Lindner Washtech have established a joint sales and service subsidiary, EREMA India, to provide integrated mechanical recycling solutions in the country. EREMA India consolidates EREMA’s extrusion technologies and Lindner Washtech’s washing technologies under one roof, offering coordinated process chains from bale to regranulate. The joint-venture partners said the subsidiary responds to growing demand […]

Mahindra & Mahindra Ltd. to Invest INR 1.96 Billion in Expansion of Mahindra Research Valley in Chennai

Mahindra & Mahindra Ltd. announced the expansion of its Advanced Research and Development Centre and additional testing facilities at Mahindra Research Valley in Chennai on 12 February 2026. The company said the expansion involves a fresh investment of approximately INR 1.96 billion and is expected to create around 2,000 additional jobs. The investment is aimed […]

Rolls-Royce CEO Discusses GCC Growth and Co-Creating Complex Manufacturing in India with Prime Minister

Rolls-Royce Holdings plc Chief Executive Officer Tufan Erginbilgic met Prime Minister Narendra Modi to discuss how the company is scaling up its operations in India, including expanding its global capability centre (GCC) to become its largest worldwide, co-creating complex manufacturing and building high-value engineering capabilities. Erginbilgic, accompanied by Sashi Mukundan, Executive Vice President – Transformation […]

Gorlan India Inaugurates New Manufacturing Facility in Coimbatore

Gorlan India inaugurated a new manufacturing facility in Coimbatore, Tamil Nadu, marking an expansion phase for the Gorlan Group’s operations in India. The development transitions the company from its established 26-year presence in the country into a larger-scale manufacturing hub focused on low-voltage switchgear production and exports. The inauguration was led by Jose Julio Gómez […]

Hisense Commissions Air Conditioner Manufacturing Facility in Sri City, Andhra Pradesh

Hisense on Tuesday inaugurated its first manufacturing facility in India at Sri City in Tirupati district, Andhra Pradesh, marking the start of local production of air conditioners. Commercial production at the plant is scheduled to begin in February 2026 and is expected to support the company’s localisation and expansion plans in the Indian consumer durables […]

Balu Forge Industries Reports 29 Percent Rise in 9M FY26 Revenue; PAT Up 37 Percent

Balu Forge Industries Limited reported consolidated revenue from operations of INR 8,438 million for the nine months ended 31 December 2025, representing a 29.0 percent increase year-on-year. Profit after tax (PAT) for the period rose 36.8 percent year-on-year to INR 1,932 million, reflecting margin expansion during the reporting period. Revenue from operations in the third […]