Vardhman Special Steels Limited approved an investment of INR 4.75 billion to set up a steel forging and machining manufacturing facility in Ludhiana, Punjab, marking its entry into the steel forgings segment. The proposed unit represents a forward integration from steelmaking into forged automotive components and is intended to expand the company’s participation in value-added […]
Larsen & Toubro Limited has secured an engineering, procurement, construction and commissioning contract from Bharat Petroleum Corporation Limited (BPCL) for a polyethylene project at Bina in Madhya Pradesh. The order has been awarded to the company’s Hydrocarbon Onshore business and will be executed on a lump sum turnkey basis. The scope of work includes engineering, […]
Voxelgrids Innovations has deployed its first indigenously developed magnetic resonance imaging (MRI) scanner for clinical use at the Chandrapur Cancer Care Foundation hospital in Maharashtra, marking a key manufacturing milestone for India’s domestic medical devices sector. The installation represents the transition of the MRI system from prototype development to routine patient care. Voxelgrids received its […]
ROHM Co., Ltd. and Tata Electronics Private Limited have entered into a strategic partnership to manufacture semiconductors in India for domestic and global markets, marking a new collaboration between Japanese and Indian semiconductor supply chains. The agreement focuses on establishing manufacturing and packaging capabilities for power semiconductors, with an initial emphasis on products for the […]
Belrise Industries Limited entered into a cooperation pact with Israel-based Plasan Sasa to jointly pursue opportunities related to ATEMM (All-Terrain Electric Mission Module) platforms for the Indian defence market. The agreement establishes an exclusive framework for technical and business collaboration, with a focus on defence programmes and tenders issued by Indian government authorities. The agreement […]
India Optel Limited, a defence public sector undertaking, has signed a collaboration agreement with Safran Electronics & Defense to enable the manufacture of two high-precision systems in India, marking a shift from overseas procurement to domestic production for critical land warfare technologies. The agreement was signed on 22 December 2025 in New Delhi and covers […]
JHS Svendgaard Laboratories Ltd. will invest INR 250 million to construct a new manufacturing unit at its existing site in Kala Amb, Himachal Pradesh. The project involves building a 100,000-square-foot facility on the company’s current five-acre land parcel and is intended to expand production capacity for specialised oral care products. The expansion is planned as […]
Nine Rivers Capital has invested in Seinumero Nirman Private Limited through its Aurum Rising India Fund, marking the third investment by the fund and reinforcing its focus on India’s precision manufacturing sector. The transaction involves a minority stake, with the capital intended to support the company’s next phase of growth and institutional development. The investment […]
Godawari Power and Ispat Limited has made a further investment of INR 739.5 million in its wholly owned subsidiary, Godawari New Energy Private Limited, to support capital expenditure and working capital requirements for a battery energy storage system manufacturing project. The investment was completed through the allotment of preference shares on 16 December 2025 and […]
Metro trains manufactured in India by Alstom have entered service on the Bhopal Metro, marking the start of passenger operations on the city’s first metro corridor. Manufacturing of the trainsets has been undertaken at Alstom’s rolling stock manufacturing facility in Savli, Gujarat. The production programme involved fabrication of lightweight car bodies, integration of traction and […]
