News

Thaai Casting advances capacity expansion with high-end machining investments as order book crosses INR 6 billion

Thaai Casting Limited is progressing with capacity expansion at its new manufacturing plant as it strengthens capabilities for wind energy and other industrial applications. Installation and trial runs are underway for a WFL M50 Millturn machine under the company’s wind gear project, aimed at supporting large and complex machining requirements for renewable energy applications. The […]

Fincantieri unit WASS wins INR 18.96 billion heavyweight torpedo contract for Indian Navy submarines

Fincantieri Group secured a contract through its subsidiary WASS Submarine Systems S.R.L. to supply heavyweight torpedoes to the Indian Navy for deployment on six Kalvari-class submarines under Project 75. The contract covers the procurement and integration of 48 Black Shark Advanced heavyweight torpedoes along with associated equipment, with deliveries scheduled between 2028 and early 2030. […]

HAL enters Civil Helicopter segment with inaugural flight of Dhruv NG helicopter

Hindustan Aeronautics Limited (HAL) has completed the inaugural flight of its Dhruv New Generation (NG) helicopter at its Helicopter Division in Bengaluru on 30 December 2025, marking the company’s formal entry into the civil helicopter segment. The flight represents a key step in HAL’s civil aviation strategy as the platform progresses towards certification for commercial […]

Neolite ZKW Lightings plans Kancheepuram manufacturing facility, capacity upgrades

Neolite ZKW Lightings Limited plans to expand its manufacturing footprint and upgrade production capacity as part of its proposed initial public offering, with investments spanning a new greenfield facility and equipment additions at existing plants. The expansion is intended to support higher volumes and increased electronic content in automotive lighting systems as the company scales […]

Stallion India Fluorochemicals receives environmental clearance for R-32 plant in Rajasthan

Stallion India Fluorochemicals Limited has received environmental clearance for a proposed difluoromethane (R-32) manufacturing plant with an annual capacity of 10,000 metric tonnes at Bhilwara in Rajasthan, enabling the company to proceed with a key capacity addition in refrigerant manufacturing. The approval covers both the core product and associated by-products, and is a statutory requirement […]

Jindal Steel to double Structural Steel capacity at Raigarh to 2.4 MTPA by mid-2028

Jindal Steel Limited announced plans on 29 December 2025 to double its structural steel manufacturing capacity at its Raigarh facility to 2.4 million tonnes per annum (MTPA) by mid-2028, from the current 1.2 MTPA. The expansion is aimed at strengthening domestic availability of heavy and ultra-heavy structural steel sections used in infrastructure, energy, and high-rise […]

Endurance Technologies receives regulatory approval for merger of Italian subsidiaries

Endurance Technologies Limited said it has received regulatory approval to complete the merger of its wholly owned step-down subsidiaries in Italy, consolidating its European operations through an internal restructuring effective from 1 January 2026. The Pune-based automotive components manufacturer said the Italian Chamber of Commerce has approved the merger of Endurance Engineering S.r.l. and Endurance […]

India notifies Shipbuilding support schemes with INR 447 billion outlay

India has notified operational guidelines for two shipbuilding initiatives—the Shipbuilding Financial Assistance Scheme and the Shipbuilding Development Scheme—aimed at expanding domestic shipbuilding capacity and improving global competitiveness. The combined budgetary outlay for the two schemes stands at INR 447 billion, with validity until 31 March 2036 and an in-principle extension envisaged up to 2047. In […]