News

NMDC Steel Receives BIS Certification for Pipeline Steel Products

NMDC Steel Limited (NSL) has been certified by the Bureau of Indian Standards (BIS) for manufacturing hot-rolled steel strip, sheet, and plates for welded steel pipes used in pipeline transportation systems. The certification complies with the Indian Standard IS 18384:2023, which specifies general requirements for steel products utilized in the petroleum and natural gas industries. […]

India and U.S.A. Expand Technology and Defence Cooperation

The United States and India have reaffirmed their commitment to deepening collaboration in critical and emerging technologies. A meeting in New Delhi between U.S. National Security Advisor Jake Sullivan, Indian National Security Advisor Ajit Doval, External Affairs Minister S. Jaishankar, and Prime Minister Narendra Modi highlighted advancements in the U.S.-India Initiative on Critical and Emerging […]

L&T Heavy Engineering Secures Multiple Domestic and International Orders

The Heavy Engineering division of Larsen & Toubro (L&T) has announced securing several orders during the third quarter of FY25 in both domestic and international markets. According to a press release from the company, these orders span various sectors, including liquefied natural gas (LNG), petrochemicals, oil and gas, and fertilizers. Internationally, the company has received […]

Mahindra Opens New Electric Vehicle Manufacturing Facility at Chakan Plant

Mahindra & Mahindra Ltd. has inaugurated a new manufacturing and battery assembly facility dedicated to its Electric Origin SUV line at its Chakan plant. The facility is part of the company’s strategy to enhance electric vehicle (EV) production capabilities and advance its sustainable manufacturing goals. Located within the 2.83 km² Chakan manufacturing hub, the new […]

Bartronics and PTW Group Sign MoU to Boost Semiconductor Industry in India

Bartronics India Limited has signed a Memorandum of Understanding (MoU) with Singapore-based PTW Group to develop semiconductor manufacturing and training capabilities in India. The agreement aims to address the growing demand in the semiconductor sector, including production, refurbishment of equipment, and workforce training. According to a company press release, the collaboration plans to establish facilities […]

Afcons Infrastructure Secures ₹1,084.54 Crore Defence Project in Visakhapatnam

Afcons Infrastructure has received a Letter of Intent from the Ministry of Defence, through the Defence Research and Development Organisation (DRDO), for a ₹1,084.54 crore project in Visakhapatnam. The initiative aims to enhance maritime facilities, including the Material Test Centre (MTC), Ship Assembly Facility (SAF), and the Automated Ship Lift Workshop Facility (AMCSWF). The project, […]

SANY India Expands Manufacturing Facility in Pune with New Factory

SANY India, a construction equipment manufacturer, has opened a new manufacturing facility within its 90-acre campus in Pune, increasing its production capacity and fabrication capabilities. According to the company, the factory can produce over 14,000 units annually and has a fabrication capacity exceeding 100,000 metric tons per year. This expansion aims to support the growing […]

Shakti Pumps Invests ₹3.8 Crores in Energy Solutions Subsidiary

Shakti Pumps (India) Limited has announced an investment of ₹3.8 crores in its wholly owned subsidiary, Shakti Energy Solutions Private Limited (SESPL). The investment involves the subscription to 3.8 crore equity shares with a face value of ₹1 each, according to a press release issued by the company. SESPL, incorporated in 2010, operates in the […]

Nipha Group Announces ₹180 Crore Expansion Plan

Kolkata-based engineering and manufacturing company Nipha Group has announced an investment of ₹180 crore over the next two years to expand its operations in India, according to a report by Press Trust of India. The plan includes the establishment of two greenfield projects in West Bengal, a brownfield expansion, and the acquisition of a U.S.-based […]

DAEWOO India Plans ₹300 Crore Investment, Targets 70% Local Production

DAEWOO India, a subsidiary of the South Korean conglomerate, has announced plans to increase local production to 70% in India, according to a report by The Hindu Business Line. Presently, 30-35% of its products are manufactured locally, according to Managing Director HS Bhatia. Manufacturing Strategy and Investments The company plans to invest ₹300 crore as […]