JSW Defence has announced plans to invest ₹800 crore in establishing a manufacturing facility for Unmanned Aerial Systems (UAS) in Telangana. The project will be executed through its subsidiary, JSW UAV, in partnership with US-based Shield AI, Inc. The agreement was formalized through a Memorandum of Understanding (MoU) signed at the World Economic Forum in […]
Ralson Tyres has announced its entry into the Indian commercial tyre segment at the Bharat Mobility Global Expo, marking a strategic move into this growing market. The company, known for its bicycle and automotive tyres, aims to leverage its new manufacturing facility in Indore to meet domestic and international demand. The Indore plant, which began […]
Tata AutoComp Systems Limited showcased its latest automotive component technologies and localisation initiatives at the Bharat Mobility Global Expo 2025. The event featured the company’s advancements in electric vehicle (EV) components, including lithium-ion battery packs, battery management systems, EV chargers, e-compressors, and integrated drivetrain solutions for both electric and internal combustion engine (ICE) vehicles. The […]
International Finance Corporation (IFC) has approved a $100 million Sustainability-Linked Loan (SLL) to JK Tyre & Industries and its subsidiary, Cavendish Industries Limited (CIL). The funding will be allocated to expand production capacity at two manufacturing facilities in India, focusing on Passenger Car Radial (PCR) tyres at the Banmore plant in Madhya Pradesh and Truck […]
Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to establish a manufacturing facility for electric trucks in the state. The agreement was finalized at the World Economic Forum in Davos. The company plans to invest approximately ₹3,500 crores in building the facility, which will have the capacity to […]
Sany India, a construction equipment manufacturer, has exported over 1,000 telehandlers to the United States, reflecting its expanding role in international markets. The company operates a dedicated manufacturing unit with an annual capacity of 3,000 telehandlers, scalable to 4,500 units, to meet growing global demand. In 2024, the company recorded a 30% revenue growth, reaching […]
Runaya and ECKART have announced a joint venture to establish a facility in Odisha, India, for producing spherical atomized aluminum granules. These granules are used in sectors such as aerospace, solar energy, and effect pigments. According to a press release issued by the companies, the facility will utilize recycled aluminum and renewable energy to minimize […]
Brother Machine Tools has officially inaugurated its manufacturing facility in Tumakuru, Karnataka, marking a significant step in its operations within the Indian market. According to a company announcement, the plant is designed to enhance production capacity and improve supply chain efficiency, enabling faster delivery of products to customers in India. The facility, located within the […]
Scandinavian Robot Systems India Pvt Ltd (RSP India), a subsidiary of Sweden-based Robot System Products AB (RSP), has opened its first manufacturing facility in Chennai. The new plant will focus on producing dress packs for industrial robots, including automatic tool changers, swivels, tool parking stands, and cable and hose management solutions. The Chennai facility aims […]
The Ministry of Defence has signed a contract valued at ₹1,560.52 crore with Heavy Vehicles Factory (HVF), a unit of Armoured Vehicle Nigam Limited (AVNL), for the procurement of 47 T-72-based Bridge Laying Tanks (BLTs) for the Indian Army. The agreement was finalized in New Delhi on January 21, 2025. The BLTs are specialized vehicles […]
