News

MKS Instruments Opens Vacuum and Photonics Engineering Laboratories at Global Capability Centre in Bengaluru

MKS Instruments Inc. has expanded its Global Capability Centre (GCC) in Bengaluru with the inauguration of new engineering laboratories for its Vacuum Solutions Division (VSD) and Photonics Solutions Division (PSD). The facilities are intended to support development and validation activities for technologies used in semiconductor manufacturing and precision industrial processes. The laboratories will focus on […]

Jeh Aerospace Appoints Robb Hudson as Chief Growth Officer

Jeh Aerospace has appointed Robb Hudson as Chief Growth Officer as the company expands its aerospace manufacturing operations and customer partnerships across the United States, Europe, and India. The appointment comes as the company scales its capabilities to support growing demand for diversified aerospace supply chains. Hudson, based in the United States, brings more than […]

BPL Medical Technologies Acquires Yozma BMtech to Enter Bone Densitometry Segment

BPL Medical Technologies announced the acquisition of Yozma BMTech Co., Ltd., a South Korea-based company specialising in bone mineral density (BMD) diagnostic solutions, marking its entry into the bone densitometry segment. The acquisition is aimed at strengthening the company’s imaging and preventive diagnostics portfolio while expanding its capabilities in bone health assessment and early disease […]

HFCL Limited Signs USD 1.10 Billion Optical Fiber Cable Supply Agreement

HFCL Limited has entered into a long-term supply agreement with an international customer for the supply of optical fiber cables (OFC) through its overseas wholly owned subsidiary. The contract has a potential value of approximately USD 1.10 billion, equivalent to about INR 101.59 billion, and will be executed through December 2030. The company said that […]

Parliamentary Committee Flags Delayed Payments, Budget Allocation Issues in MSME Ministry’s 2026–27 Spending Plan

The Department-Related Parliamentary Standing Committee on Industry presented its Three Hundred and Thirty-Third (333rd) Report on the Demands for Grants (2026–27) of the Ministry of Micro, Small and Medium Enterprises (MSME) to Parliament on 11 March 2026. The report examines budget allocations, implementation of flagship schemes, credit support mechanisms, and structural challenges affecting the MSME […]

Parliamentary Panel Flags Budget Shortfall, EV Scheme Gaps in Report on Ministry of Heavy Industries

The Department-Related Parliamentary Standing Committee on Industry has submitted its 332nd Report to Parliament reviewing the Demands for Grants for the Ministry of Heavy Industries for 2026–27. The report highlights a budgetary shortfall, uneven progress in electric vehicle (EV) schemes, and delays in battery manufacturing and industrial incentive programmes. In an official statement, the committee […]

Voltas Limited signs MoU with DPIIT to support start-up collaboration in cooling and smart appliance technologies

Voltas Limited signed a memorandum of understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, to facilitate collaboration between industry and start-ups in the cooling and smart appliance ecosystem. The agreement aims to support innovation in technologies related to heating, ventilation and air conditioning (HVAC), smart […]

ACE, KATO execute joint venture agreement to establish equipment manufacturing company in India

Action Construction Equipment Limited has executed an investment and shareholders agreement with KATO WORKS CO., LTD., Japan to establish a joint venture company named ACE KATO Private Limited. The agreement was executed on 11 March 2026. The joint venture will combine KATO’s technology, design, and engineering capabilities with ACE’s manufacturing base and operational presence in […]