News

Ace Green Recycling Plans Expansion of Battery Recycling Capacity in Gujarat

Ace Green Recycling, Inc. has announced plans to establish a lithium and lead battery recycling facility in Mundra, Gujarat. The facility is projected to have a recycling capacity of 10,000 metric tons of lithium iron phosphate (LFP) batteries annually by 2026, according to a press release issued by the company. The site, located near the […]

L&T Launches Second Multi-Purpose Vessel for Indian Navy

Larsen & Toubro (L&T) has launched its second Multi-Purpose Vessel (MPV) for the Indian Navy. The vessel, named INS Utkarsh, was launched from the company’s Kattupalli Shipyard near Chennai. The launch follows an accelerated production schedule, with the first MPV, INS Samarthak, launched just three months earlier. INS Samarthak is currently undergoing testing and trials […]

Bharat Electronics Limited Secures Orders Worth ₹561 Crores

Bharat Electronics Limited (BEL), a defense public sector undertaking, announced the receipt of additional orders amounting to ₹561 crores since December 23, 2024. The new contracts include communication equipment, electro-optics, satellite communication network upgrades, radar and fire control systems, spares, and related services. With these additions, BEL’s total order book for the current financial year […]

HSG Laser Announces $10 Million Investment in New Factory in India

HSG Laser has announced plans to invest $10 million in constructing a new production facility in India, as part of its strategy to enhance localized services and expand its manufacturing network. The facility aims to support the growth of India’s metal forming industry by increasing production capacity, providing advanced laser cutting equipment, and creating local […]

JCBL South Delivers 100th Trailer to BEML

JCBL South, previously known as JML, has delivered its 100th trailer to Bharat Earth Movers Limited (BEML), a public sector undertaking under the Ministry of Defence, India. The milestone signifies the company’s continued production and delivery capabilities within the trailer manufacturing sector. JCBL South specializes in manufacturing customized trailers designed to meet client specifications. The […]

Toyota Launches Technical Education Program at Government ITI in Mizoram

Toyota Kirloskar Motor Pvt. Ltd. has partnered with the Government Industrial Training Institute (ITI), Aizawl, to introduce the Toyota-Technical Education Program (T-TEP), offering a one-year General Technician (Mechanic) course. The program, launched with an initial cohort of 24 students, is designed to provide technical training and certification to participants upon successful completion and examination. Toyota […]

OrbitAID Raises $1.5 Million to Advance Satellite Refueling Technology

Chennai-based space technology startup OrbitAID has secured $1.5 million in pre-seed funding led by Unicorn India Ventures, with additional support from the Tamil Nadu Startup and Innovation Mission (TANSIM). The funding will accelerate the development and in-orbit demonstration of the company’s satellite servicing technology. OrbitAID, founded in 2021 by Sakthikumar R, Nikhil Balasubramanian, and Mano […]

Neuron Energy Opens ₹25 Crore Lithium-Ion Battery Facility in Pune

Neuron Energy has announced the launch of a new manufacturing facility in Chakan, Pune, during the Bharat Mobility Global Expo 2025. The facility, which represents an investment of ₹25 crore, is designed to produce 1.5 GWh of lithium-ion batteries annually. The company aims to address the growing demand for electric vehicle (EV) batteries and energy […]

Tembo Defence Products Signs MOU for Defence Facility in Maharashtra

Tembo Defence Products Private Limited, a group company of Tembo Global Industries Limited, has signed a Memorandum of Understanding (MOU) with the Government of Maharashtra to develop a defence manufacturing facility in the state. The signing took place during the World Economic Forum in Davos, Switzerland. The planned facility aims to bolster indigenous defence manufacturing […]

United Drilling Tools Secures $482,444 Equipment Order in Taiwan

United Drilling Tools Ltd. (UDTL), a Noida-based manufacturer of drilling equipment, has secured an international order valued at $482,444 from Magitech International Limited in Taiwan. The agreement encompasses the supply of Survey Line Winch and Integral Blade Stabilizers, which are scheduled for delivery over the next six months. This contract represents UDTL’s initial entry into […]