Aequs Limited, a vertically integrated precision manufacturing company focused on the aerospace sector, saw its INR 9.22 billion initial public offering close with an overall subscription of 101.63 times. The offer drew bids for 4.27 billion shares against 420.27 million shares on offer, reflecting strong demand across investor categories. The IPO, which was open for […]
Tata Group and Intel Corporation announced on 8 December 2025 that they have entered into a strategic alliance to explore collaboration across semiconductor and systems manufacturing, advanced packaging, and consumer and enterprise hardware development in India. The companies said the initiative is intended to support the expansion of India’s domestic semiconductor ecosystem and strengthen a […]
Polyhose India Private Limited, a Chennai-based manufacturer specialising in fluid conveyance systems, has signed a contract with Airbus on 28 November 2025 to enable future collaboration with Airbus’s commercial aircraft business. The agreement establishes a long-term relationship focused on aerospace hose assemblies for the A320, A330, and A350 aircraft programmes. The collaboration aims to support […]
JK Cement has ordered an MVR 6000 R-6 vertical roller mill from Gebr. Pfeiffer for its upcoming greenfield cement plant in Jaisalmer. The equipment is intended for cement raw material grinding and is planned for completion by the end of 2026. The mill is equipped with a drive power of 7,400 kW and is designed […]
Sagar Defence Engineering, a defence technology firm, inaugurated a new manufacturing plant in Pune on 5 December dedicated to the production of uncrewed surface vehicles (USVs) in partnership with Liquid Robotics, a Boeing company. The facility will support the co-development and co-production of maritime systems intended to strengthen India’s undersea domain awareness. Liquid Robotics’ chief […]
Rishabh Instruments Limited has signed a EUR 1 million contract with an electrical equipment supplier in Europe for the supply of low voltage current transformers (CTs), with deliveries scheduled equally across financial years FY26 and FY27. The company announced the development on 8 December 2025, stating that the agreement followed several months of collaboration to […]
Cyient Limited announced a strategic long-term partnership with Navitas Semiconductor to co-develop gallium nitride (GaN) products, digital and mixed-signal integrated circuits, and GaN-based system modules aimed at India’s high-voltage, high-power market segments. The collaboration will target AI data centres, electric mobility, performance computing, energy grid infrastructure and industrial electrification and seeks to establish a complete […]
SFO Technologies, a Kochi-based electronics manufacturing services firm and the flagship company of the NeST Group, plans to establish an electronic components plant in Theni district, Tamil Nadu, with an investment of INR 22.7 billion. The proposed facility is intended to manufacture printed circuit boards (PCBs) and a range of components for the electronics industry. […]
Texmaco Rail & Engineering Limited (Texrail) and Nymwag have completed construction of a new freight wagon manufacturing facility in Kolkata under their joint venture, Texmaco Nymwag Rail and Components Private Limited. The plant is designed for an annual output of 2,500 wagons and has now entered pilot production. The partners expect the first completed wagon, […]
Tata Advanced Systems Limited (TASL) and Lockheed Martin have begun construction of a new maintenance, repair and overhaul (MRO) facility to support the Indian Air Force’s (IAF) C-130J Super Hercules fleet. The initiative is intended to expand India’s defence sustainment ecosystem and provide services for domestic and international C-130 operators. The IAF currently operates 12 […]
