News

MTAR Technologies expands fuel cell manufacturing capacity amid record clean energy order inflows

MTAR Technologies Limited is accelerating the expansion of its clean energy fuel cell manufacturing operations after receiving its highest-ever order inflows in the segment, positioning clean energy as the company’s primary growth driver in FY26 and beyond. The company reported that demand visibility from customers has prompted a phased scale-up in manufacturing capacity, supported by […]

Kirloskar Brothers shifts focus to value-added manufacturing, services as EPC exposure declines

Kirloskar Brothers Limited is accelerating a strategic shift away from low-margin engineering, procurement and construction (EPC) projects toward value-added manufactured products, engineered solutions and services, as part of a broader effort to improve margins, cash flows and operational efficiency. The strategy is being supported by manufacturing debottlenecking, digital initiatives and a growing order book. The […]

Fronius India and Hindalco Industries set up welding technician lab at Aditya Birla Skills Centre in Kuppam

Fronius India Private Limited has set up a Welding Technician Lab at the Aditya Birla Skills Center – Swarna Navadisha Center in Kuppam, Andhra Pradesh, as part of an initiative to strengthen technical skilling infrastructure aligned with manufacturing requirements. The facility was inaugurated on 30 January 2026 and is intended to support welding education and […]

Hitachi Energy India Begins High-Voltage Products Manufacturing Expansion at Savli Facility in Gujarat

Hitachi Energy India Limited held a ground-breaking ceremony at its Savli facility in Vadodara, Gujarat, marking the start of an expansion project for its high-voltage product manufacturing operations. The expansion is intended to support rising domestic demand for power infrastructure and reinforce India’s role in the global supply chain for high-voltage equipment. The Savli facility […]

Mahindra & Mahindra to Supply 35,000 Pickup Trucks to Indonesia in Largest Export Order

Mahindra & Mahindra Limited said it has secured its largest-ever export order, committing to supply 35,000 units of its Scorpio Pik Up light commercial vehicles to Agrinas Pangan Nusantara, an Indonesian state-owned enterprise, during calendar year 2026. The order exceeds the company’s total vehicle export volumes recorded in the 2024–25 financial year and is expected […]

Swan Defence secures defence export order from Oman for naval training vessel

Swan Defence and Heavy Industries Limited has secured a defence export order from the Government of the Sultanate of Oman to supply a naval training ship for the Royal Navy of Oman. The vessel is intended to support advanced naval training and maritime operations, with delivery expected within 18 months. The contract involves the construction […]

BEML Limited enters tripartite research collaboration with IISc Bengaluru and FSID

BEML Limited has entered into a tripartite research collaboration with the Indian Institute of Science (IISc), Bengaluru, and the Foundation for Science, Innovation and Development (FSID) to undertake joint research across emerging engineering and technology domains. The partnership aims to support blue-sky, applied and translational research linked to BEML’s long-term technology and manufacturing roadmap. The […]

Bulten Group to Invest INR 5.25 Billion in Fasteners Manufacturing Facility in Oragadam, Tamil Nadu

Bulten Group will set up a new fasteners manufacturing facility in Oragadam, Tamil Nadu, following the signing of a memorandum of understanding (MoU) between its Indian subsidiary PSM Fasteners India and the Tamil Nadu government on 4 February 2026. The project is expected to strengthen domestic manufacturing capacity in precision fasteners and support export-oriented production. […]

SKF India (Industrial) to set up new manufacturing plant in Pune

SKF India (Industrial) Limited has approved the setting up of a new manufacturing plant in Pune, Maharashtra, as part of a long-term plan to improve manufacturing efficiency and expand production capacity. The decision was taken at a meeting of the company’s Board of Directors held on 03 February 2026. The project is planned to be […]

Cummins India reports stable revenue, higher profit in December quarter

Cummins India Limited reported broadly stable revenue and an increase in profit for the quarter ended 31 December 2025, reflecting resilient domestic demand and improved operational efficiency despite sequential pressure on exports. The results underline the company’s ability to sustain profitability amid mixed market conditions. Total standalone sales for the quarter stood at INR 30.06 […]