Naxion Energy, a Hyderabad-based sodium-ion battery manufacturer, has announced plans to invest INR 2 billion by December 2026 to expand its production capacity and establish a new manufacturing facility in Hyderabad. The company said the expansion is aimed at meeting rising demand for its battery technologies across mobility and energy storage applications. The company currently […]
RRP Defense Limited and Meprolight Ltd. have announced a strategic collaboration to support the distribution, assembly, technology integration, and planned localisation of electro-optic products in India. The partnership covers weapon sights and other advanced systems intended for military and law-enforcement use in the country. The collaboration will include joint sales and distribution of Meprolight products […]
Kirloskar Group, one of India’s oldest engineering conglomerates, has announced a new initiative titled “Made in Kirloskar” aimed at highlighting the role of engineering in industry and society. The initiative includes the launch of a film that traces the evolution of engineering innovation and its influence on modern development. The programme is intended to evolve […]
RACL Geartech Limited, a manufacturer of transmission gears and precision machined components, announced its financial results for the second quarter of the fiscal year 2025–26 during an earnings conference call on 05 December 2025. The company reported a turnover of INR 1.23 billion for the quarter, marking an increase of 16.2 percent compared to INR […]
Gravton Motors Pvt Ltd, an electric mobility manufacturer, has signed a Memorandum of Understanding (MoU) with the Government of Telangana at the Telangana Rising Global Summit 2025 in Hyderabad. The agreement outlines plans to establish facilities for electric vehicle (EV) powertrain production, EV two-wheeler manufacturing and autonomous ground-vehicle (AGV) development. “We are proud to join […]
Rama Steel Tubes Limited, a manufacturer of ERW steel pipes and tubes, has announced plans to acquire Automech Group, a UAE-based engineering and high-precision manufacturing company, for a total consideration of AED 296 million. The acquisition is intended to accelerate the company’s entry into fabrication and specialised engineering segments, expanding its presence across Gulf Cooperation […]
The Governments of India and Italy have established a target to increase bilateral trade volume to EUR 20 billion by 2029, rising from the current level of EUR 14 billion. This objective was announced during the Italy-India Business Forum held in Mumbai on 11 December 2025, which was attended by Italian Deputy Prime Minister Antonio […]
Beumer Group has inaugurated a new material handling systems manufacturing facility in Reliance MET City, Jhajjar, Haryana. The plant, opened in December 2025 following a foundation stone ceremony in June 2024, represents a significant expansion of the company’s presence in India as it moves to meet rising demand from the airport, e-commerce and heavy industry […]
Continental AG has appointed Rohit Markan as Executive Vice President Industrial Solutions for the Asia Pacific region within its ContiTech group sector. The appointment took effect on 17 November 2025 and places Markan in charge of managing industrial operations across key markets including India, China, Australia and New Zealand, Japan, Korea and South East Asia. […]
Agratas, the global battery business of the Tata Group, is advancing construction work on its battery manufacturing facility in Sanand, Gujarat, which is planned to have an annual capacity of 20 GWh in its first phase. The company said the structural steel framework is nearing completion as activity accelerates across the site. Agratas is also […]
