Simplex Castings Limited announced on 18 March 2026 that it has secured an order valued at INR 130.2 million from Thyssenkrupp Group for the supply of coke oven door systems. The order includes multiple components used in coke oven batteries, which are integral to steel production processes. The contract covers the supply of 80 sets […]
Belrise Industries Limited announced the acquisition of Chester Hall Precision Engineering Holdings Limited, a United Kingdom-based precision engineering group serving aerospace, space and defence sectors. The transaction involves the purchase of 100 percent of Chester Hall’s issued share capital through Belrise UK Holdings Limited, a step-down wholly owned subsidiary, and was signed on 18 March […]
Sumeet Industries Limited on 18 March 2026 announced the acquisition of assets at a polyester chips manufacturing plant in Surat to expand its production capacity. The transaction, valued at approximately INR 234.7 million, will provide the company with full control of the acquired assets and is expected to be completed within 180 days from 17 […]
Solarium Green Energy Limited has commissioned a solar module manufacturing facility with an installed capacity of approximately 1 gigawatt in Ahmedabad, Gujarat. The development marks the implementation of the company’s backward integration strategy announced in June 2025 and expands its capabilities beyond engineering, procurement, and construction (EPC) services. The facility has been established with fully […]
KKR announced on 18 March 2026 that it will commit up to USD 310 million to form a strategic partnership with Allfleet India Private Limited and PMI Electro Mobility Solutions Private Limited to expand an electric bus platform in India. The transaction includes the acquisition of a majority stake in Allfleet and a minority stake […]
Amara Raja Design Alpha Private Limited (ARDA), an engineering research and development firm within the Amara Raja Group, has developed an indigenous Power Conditioning Cabinet (PCC) for naval sonar systems, marking its entry into mission-critical defence electronics. The system is designed to support loads of up to 160 kW and is intended for use in […]
Larsen & Toubro’s Special Steels and Heavy Forgings (LTSSHF) has dispatched multiple marine shaft shipsets to domestic customers, marking a shift towards local manufacturing of components that were previously imported. The dispatch, flagged off on 17 March, includes complete propulsion shaft line assemblies comprising multiple shaft types for marine applications. Each shipset consists of two […]
Cadence Design Systems, Inc. has appointed Alok Jain as Managing Director for its India operations, where he will oversee strategic growth, operational scaling, and collaboration with government, academia, and industry stakeholders. The appointment reflects the company’s continued focus on expanding its research and development (R&D) activities in India, which accounts for a significant share of […]
The India-European Union Trade and Technology Council (TTC) held its second workshop on electric vehicle (EV) charging technologies from 15 to 17 March 2026 at the Joint Research Centre (JRC) in Ispra, Italy. The workshop focused on strengthening cooperation on standardisation, smart and bidirectional charging, megawatt charging systems, and wireless power transfer. The programme brought […]
Magna Steyr India has inaugurated a new electrical and electronics (EE) laboratory at its Pune engineering facility. The lab, located on the third floor of the company’s existing premises, was made operational within three months and is intended to support both domestic and European projects. Nandu Rangnekar, Managing Director at Magna Steyr India, said the […]
