News

Sagar Defence Engineering invests in EndureAir Systems to expand indigenous aerial robotics capability

Sagar Defence Engineering Private Limited announced a strategic investment in EndureAir Systems Pvt. Ltd. on 3 February 2026, marking a move to strengthen domestic capabilities in unmanned and autonomous aerial systems. The investment is aimed at advancing indigenous design and deployment of aerial robotics for defence and strategic applications. Sagar Defence Engineering Private Limited focuses […]

HORIBA Acquires Pristine Deeptech to Build Advanced Materials Metrology R&D Capability in India

HORIBA India Private Limited has acquired 100 percent of the shares of Pristine Deeptech Private Limited, an India-based research and development company working on lab-grown diamond technologies for semiconductor and quantum research applications. The acquisition was completed on 14 January 2026 and results in Pristine Deeptech becoming a wholly owned subsidiary of the HORIBA Group. […]

Adani Defence & Aerospace, Leonardo sign MoU to develop helicopter manufacturing ecosystem in India

Adani Defence & Aerospace, the defence and aerospace arm of Adani Enterprises Limited, has signed a memorandum of understanding with Leonardo to develop, manufacture and sustain a helicopter manufacturing ecosystem in India, the companies said on 3 February 2026. The partnership is aimed at addressing anticipated requirements of the Indian Armed Forces and supporting the […]

Simplex Castings secures INR 225 million fabrication order from Gaja Engineering, Bhilai

Simplex Castings Limited said it has secured a fabrication order valued at INR 225 million from Gaja Engineering Private Limited, strengthening its domestic order book and adding to its portfolio of large-scale structural fabrication projects. The order involves fabrication and blasting of structural components and is scheduled to be executed within 24 months from the […]

Austro-Indian collaboration advances solid-state transformer development for medium-voltage charging applications in India

Lotus Wireless Technologies India Pvt. Ltd. and AIT Austrian Institute of Technology GmbH are advancing their joint work on medium-voltage solid-state transformer (SST) technology, targeting applications such as megawatt-scale charging for passenger cars, heavy-duty vehicles, and electric buses. The collaboration is moving into a new phase focused on industrialisation and validation under real operating conditions, […]

Starlinger opens PP tape extrusion lines manufacturing facility in Ahmedabad

STP Machinery India Pvt. Ltd., the Indian subsidiary of Austrian machine manufacturer Starlinger, has commenced operations at its newly built manufacturing facility in Ahmedabad, marking the start of local production of polypropylene (PP) tape extrusion lines for the Indian market. The inauguration took place on 2 February 2026. The new facility represents Starlinger’s expansion of […]

Accurate Metrology & Automation opens Pune innovation centre, formalises partnership with LK Metrology

Accurate Metrology & Automation Company has opened a new facility and Innovation Center in Pune, marking an expansion of its local infrastructure and the formal start of its sales partnership with LK Metrology in India. The centre is intended to support customer engagement, demonstrations and technical activities related to dimensional metrology systems. The Pune Innovation […]

Craftsman Automation deploying INR 10 billion capex to scale up operations

Craftsman Automation Limited is deploying capital expenditure of around INR 10 billion to scale up manufacturing operations, as rising order inflows and capacity constraints drive a sustained investment cycle across aluminium, powertrain and engineering businesses. The company said the scale-up follows a sharp expansion in operations, with approximately INR 10 billion added to revenue in […]

Machine Tool Division drives growth as LMW shifts focus to machining centres amid textile slowdown

LMW Limited reported stronger momentum in its Machine Tool Division during the third quarter of FY26, with capacity utilisation at around 75 percent, even as its core textile machinery business remained under pressure. The company said demand for machining centres, particularly for electronics and precision manufacturing applications, is emerging as a key growth driver and […]