February 10, 2026
Corning Incorporated has broken ground on a new optical connectivity manufacturing facility in Pune, India, co-locating it with its existing optical fiber manufacturing plant that has been operational since 2012. The new facility expands the company’s manufacturing presence in India and is aimed at supporting demand from hyperscale and artificial intelligence-driven data centres. The facility […]
February 10, 2026
Jindal (India) Limited, part of the BC Jindal Group, commissioned an advanced metal coating line at its Ranihati manufacturing complex in Howrah district, West Bengal, marking a new phase in its downstream steel capacity expansion. The project involved an investment of INR 11 billion and the first coated product was rolled out during the week […]
February 10, 2026
The Government of India has launched the third round of the Production-Linked Incentive (PLI) Scheme for Specialty Steel, designated as PLI Scheme 1.2, with the signing of 85 memoranda of understanding (MoUs) involving 55 companies. The projects entail a committed investment of INR 118.87 billion and are expected to add 8.7 million tonnes of specialty […]
February 10, 2026
Tata Motors Passenger Vehicles Limited and Stellantis on 10 February signed a memorandum of understanding to explore additional collaboration opportunities across manufacturing, engineering and supply chain operations in India and select overseas markets. The agreement coincides with the completion of 20 years of joint operations through Fiat India Automobiles Private Limited (FIAPL). The collaboration between […]
February 10, 2026
Happy Forgings Limited advanced its capacity expansion programme during the quarter ended 31 December 2025, increasing machining capacity and moving closer to commissioning a large forging press, as the company positions itself for higher volumes across automotive and industrial segments. The company said machining capacity was expanded to 68,000 tonnes during the quarter, while a […]
February 9, 2026
Nelcast Limited reported higher revenue and a sharp increase in profit for the quarter ended 31 December 2025, supported by improved operating margins, cost optimisation measures, and stronger domestic demand across key end-use segments. “Q3 has been an encouraging quarter for us, supported by strong domestic demand in the M&HCV and tractor segments,” said Deepak […]
February 9, 2026
Garden Reach Shipbuilders & Engineers Limited has entered into a memorandum of understanding with Hindustan Shipyard Limited to form a consortium to bid for a shipbuilding tender issued by the Shipping Corporation of India Limited. The agreement is intended to enable the two public sector shipyards to jointly submit a bid in line with the […]
February 9, 2026
Hi-Tech Pipes Limited commenced commercial production at its Sikandrabad Unit-III greenfield manufacturing facility in Uttar Pradesh. The commissioning takes the company’s installed annual capacity to 1 million tons, strengthening its production footprint in North and Central India. The Sikandrabad facility has been developed to improve proximity to key consumption centres and to enhance supply chain […]
February 9, 2026
AXISCADES Technologies Limited has secured a production order for supplying avionics hardware for the Light Combat Aircraft (LCA) Mk1A programme. The order will be executed through its subsidiary, Mistral Solutions Private Limited, and relates to aircraft being manufactured under the programme of Hindustan Aeronautics Limited (HAL). The order is valued at approximately INR 800 million […]
February 9, 2026
Horse Powertrain is evaluating multiple pathways to establish a local industrial presence in India as part of its strategy to expand in markets with sustained demand for hybrid and combustion powertrain technologies. The company views India as a key strategic growth market, both for domestic supply and for longer-term development and export opportunities. The company […]
