January 15, 2026
Hical Technologies will commission a new aerospace manufacturing facility in Hosur, Tamil Nadu to expand capacity in precision machining, fabrication and special processes, with production expected to be ready by the first quarter of 2027. The company is headquartered in Electronic City, Bengaluru, and the Hosur site is located around 40 minutes from its headquarters. […]
January 15, 2026
Menon Bearings Limited reported higher consolidated revenue and profit for the nine months ended FY26 while progressing capacity expansion across its bi-metal, braking systems and aluminium die-casting operations, as part of its plan to support new orders and scale recently developed products. Consolidated revenue from operations for the nine months ended FY26 increased to INR […]
January 15, 2026
Atul Auto Limited has approved the acquisition of the L5 electric three-wheeler vehicle business from its subsidiary Atul Greentech Private Limited as a going concern through a slump sale. The decision was taken by the board of directors at a meeting held on 15 January 2026 and is intended to consolidate the group’s electric vehicle […]
January 15, 2026
Zen Technologies Limited has received orders worth INR 4.04 billion from the Ministry of Defence, Government of India, for the supply of counter-drone systems and training-related equipment. The contracts are to be executed within one year. According to the company’s filing with the stock exchanges, the aggregate order value includes INR 3.32 billion for the […]
January 15, 2026
Bharat Heavy Electricals Limited (BHEL) has commenced the supply of semi-high-speed underslung traction transformers for the Vande Bharat sleeper train project, marking the start of deliveries of a key propulsion component for the upcoming sleeper variant of the Vande Bharat trainsets. The supplies are being made for trainsets being executed by a BHEL-led consortium with […]
January 15, 2026
NBC Bearings announced its entry into the advanced drone technology segment through the acquisition of a minority stake in Ahamani EV Technology India Private Limited, expanding its presence beyond traditional motion solutions into emerging aerial technology applications. The company has acquired a 30 percent equity stake in Ahamani India for an undisclosed amount, marking a […]
January 15, 2026
Indian Institute of Technology Madras (IIT Madras) has developed a ramjet-assisted artillery shell that can extend the firing range of existing 155 millimetre gun systems by nearly 50 percent without reducing lethality. The technology integrates a ramjet engine into a standard artillery shell, enabling sustained propulsion after the projectile exits the gun barrel. The new […]
January 15, 2026
Copeland has completed the first phase of its INR 5 billion investment at its Atit manufacturing facility near Pune in Maharashtra, India, expanding its domestic production capabilities for scroll hermetic compressors. The expansion marks the start of local manufacturing of scroll compressors at the site and is intended to strengthen supply chain localisation and manufacturing […]
January 15, 2026
Mercedes-Benz has strengthened its manufacturing footprint in India by commencing local assembly of the Mercedes-Maybach GLS Celebration Edition at its Chakan plant near Pune, signalling a deeper commitment to localisation as it sharpens its focus on high-value and ultra-luxury segments. The localisation move coincides with the launch of the all-electric EQS SUV range, reflecting a […]
January 14, 2026
Krishna Defence and Allied Industries Limited has executed a joint venture agreement with Netherlands-based VABO Composites B.V. to form a new joint venture company in India focused on manufacturing composite solutions for the defence and maritime sectors. The agreement follows an earlier memorandum of understanding announced in July 2024. The joint venture entity will be […]
