November 12, 2025
Kalyani Strategic Systems Limited (KSSL), a wholly-owned subsidiary of Bharat Forge Limited, has secured contracts worth over INR 2.5 billion from the Ministry of Defence for the supply of underwater systems. The agreements, signed on 10 November 2025, fall under the Fast Track procurement category and require completion within 12 months. Deliveries are scheduled to […]
November 12, 2025
Aequs Limited, a precision components and contract manufacturing company serving the aerospace and consumer goods sectors, has raised approximately INR 1.44 billion through a pre-initial public offering (IPO) placement. The company allotted 11,615,713 equity shares to four institutional investors at INR 123.97 per share, representing 1.88 percent of its pre-IPO offer share capital. Following the […]
November 12, 2025
JSW Energy Limited on 11 November 2025 commissioned a green hydrogen manufacturing plant adjacent to the JSW Steel facility at Vijayanagar, Karnataka. The facility marks the company’s first commercial-scale green hydrogen project and is designed to supply low-carbon feedstock for direct reduced iron (DRI) production at the steel complex. The plant will produce 3,800 tons […]
November 11, 2025
The Ministry of Defence inaugurated the new Defence Public Sector Undertakings (DPSU) Bhawan in New Delhi on 10 November 2025 and conducted a comprehensive review of the performance of all 16 DPSUs. The meeting, chaired by Defence Minister Rajnath Singh, also marked the conferment of Miniratna (Category-I) status to Munitions India Limited (MIL), Armoured Vehicles […]
November 11, 2025
SKF India (Industrial) Limited, a provider of bearing solutions and rotating equipment services, has completed a significant phase of its localisation strategy, commissioning new manufacturing channels across India and Southeast Asia to enhance regional supply capability and reduce import dependence. The company has established advanced production lines for medium deep-groove ball bearings (DGBBs) above 150 […]
November 11, 2025
Collins Aerospace, a business unit of RTX, has inaugurated a new manufacturing facility at the KIADB Aerospace Park in Bengaluru with an investment of USD 100 million. The new Collins India Operations Center (CIOC) spans 26 acres and enhances the company’s capability to produce advanced aerospace products for global markets. The CIOC will initially manufacture […]
November 11, 2025
NRB Bearings Limited has commenced an INR 2 billion expansion programme to modernise its manufacturing ecosystem and increase capacity in line with its goal of achieving revenue of over INR 25 billion by 2031. The investment will enhance automation, R&D, and product range across plants in India and Thailand while supporting diversification into industrial, aerospace, […]
November 11, 2025
Bajaj Auto Limited announced that its wholly owned subsidiary, Bajaj Auto International Holdings B.V., has been notified by the European Commission that no in-depth investigation under the Foreign Subsidies Regulation will be initiated, clearing the way for a change of control. The company said the notification allows the takeover to proceed to completion as of […]
November 11, 2025
Rosatom State Corporation and India’s Department of Atomic Energy have agreed to expand cooperation in nuclear energy, including the development of new power projects and localisation of equipment production in India. The discussions took place in Mumbai between Alexey Likhachev, Director General of Rosatom, and Ajit Kumar Mohanty, Chairman of the Department of Atomic Energy. […]
November 11, 2025
Macpower CNC Machines Limited, a manufacturer of computerised numerically controlled (CNC) machines, has completed a capacity expansion of 500 machines per annum, raising its total production capacity to 2,500 machines per annum effective 10 November 2025. The expansion is part of its ongoing strategy to scale operations and reinforce its position in the domestic and […]
