November 15, 2024
Pharmadeep recently announced plans to establish a new manufacturing facility focused on producing Microcrystalline Cellulose (MCC), a widely used excipient for direct compression in pharmaceutical formulations. This marks the company’s fifth project in the active pharmaceutical ingredients (API) segment. The project, which the company describes as a “state-of-the-art” facility, is in the initial curing stages, […]
November 15, 2024
Lubrizol and Polyhose have signed a Memorandum of Understanding (MoU) to establish a medical tubing manufacturing site in Tamil Nadu, aiming to increase local production capacity for neurovascular and cardiovascular tubing used in medical procedures such as balloon catheterization. The facility will utilize Lubrizol’s medical-grade thermoplastic polyurethane (TPU) and other thermoplastic polymers, which are known […]
November 14, 2024
The Uttar Pradesh government has allocated 12,513 acres of state land for industrial purposes across various districts, with the Uttar Pradesh State Industrial Development Authority (UPSIDA) overseeing the project. The initiative is intended to attract investment and encourage industrialization within the state, with a portion of this land organized into a comprehensive land bank to […]
November 14, 2024
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, has commissioned the Omkareshwar Floating Solar Project in Madhya Pradesh’s Khandwa district. The project, with a capacity of 126 MW, was completed under an EPC contract valued at ₹596 crore awarded by NHDC Limited. The Omkareshwar project supplies energy to Madhya Pradesh […]
November 14, 2024
Happy Forgings Limited (HFL), a manufacturer of forged and machined components based in Ludhiana, India, has secured an order to supply precision-engineered components for power generation applications to a North American client. This supply arrangement is set to begin in the second quarter of the fiscal year 2026 (Q2 FY26) and will extend for at […]
November 14, 2024
Godrej Industries’ Chemicals Business announced its acquisition of the Food Ester and Emulsifier Business from Goa-based Savannah Surfactants Ltd. The acquisition aligns with Godrej’s strategy to broaden its product offerings in the food and beverage sector. The unit acquired from Savannah Surfactants has an annual production capacity of 5,200 metric tons. This addition will enhance […]
November 14, 2024
JSW Defence Pvt. Ltd. and U.S.-based Shield AI Inc. have entered a partnership to produce Shield AI’s “V-BAT” Group 3 Unmanned Aerial Systems (UAS) in India, targeting local defense and export needs. Under the agreement, JSW Group will invest approximately $90 million over two years, with $65 million to be allocated in the first 12 […]
November 13, 2024
Vandana Aircraft Services Pvt Ltd has announced that its 60,000-square-foot manufacturing facility in Neemrana is approaching full operational status. The facility, outfitted with advanced machinery, is designed for the production of plastic, metal, and composite parts for the aircraft interiors market. According to an update from the company, the new plant will manufacture a variety […]
November 13, 2024
India’s Bharat Dynamics Limited (BDL) and Russia’s Rosoboronexport (ROE) signed a Memorandum of Understanding (MoU) on November 8, 2024, to cooperate on developing advanced variants of the Pantsir air defense system. The MoU was signed during the fifth meeting of the India-Russia Inter-Governmental Commission (IRIGC) subgroup held in Goa, reflecting an ongoing defense collaboration between […]
November 13, 2024
Hindustan Aeronautics Limited (HAL) has announced the reactivation of its Nashik facility to manufacture 12 Sukhoi Su-30MKI fighter aircraft under a $1.3 billion contract approved in September 2023. This production order, aimed at replenishing the Indian Air Force (IAF) fleet, will resume assembly operations that were previously focused on the Su-30MKI model. HAL expects to […]