News

Marelli opens new technical R&D site in Bangalore to expand engineering capacity

Marelli has opened a new technical research and development site in Bangalore to expand its engineering operations. The facility, located in Embassy Manyata Tech Park, will accommodate 350 employees and includes laboratories for hardware, optics, and automotive testing. The new site supplements an existing R&D centre in Bangalore, established in 2022, and the company’s engineering […]

Minda Corporation commits INR 20 billion capex over five years to broaden product portfolio and expand EV component capacity

Minda Corporation Limited, a supplier of automotive components and systems, has announced plans to invest INR 20 billion over the next five years to expand manufacturing, strengthen localisation, and accelerate its electric vehicle (EV) product portfolio. The announcement was made during the company’s earnings call for the second quarter of the financial year ending March […]

Axiscades signs MoU with Electronic Bird Control to deploy falcon-inspired E-Raptor drones in India

Axiscades Aerospace & Technologies Limited, a defence technology solutions provider and subsidiary of Axiscades Technologies Limited, has signed a memorandum of understanding with Electronic Bird Control to introduce the E-Raptor drone in India. The agreement, announced on 6 November 2025, covers deployment for both military reconnaissance and civilian uses such as airport safety and wildlife […]

Greaves Cotton launches ‘GREAVES.NEXT’ strategy to focus on Energy, Mobility and Industrial Solutions

Greaves Cotton Limited on 06 November 2025 launched “GREAVES.NEXT”, a company-wide business strategy that concentrates the firm’s efforts on Energy Solutions, Mobility Solutions and Industrial Solutions. The company said the roadmap is intended to set the direction for its next phase of growth, innovation and global relevance and to drive sustained revenue growth over the […]

Rosti Group Formally Inaugurates New Manufacturing Facility in Chennai

Rosti Asia, a division of Sweden-based Rosti Group, has formally inaugurated its new manufacturing facility in Chennai, marking the company’s expansion into the Indian market. The plant forms part of Rosti’s broader strategy to strengthen its production footprint across Asia and provide localised manufacturing support for its global customers. “This facility represents more than expansion […]

Fluid Controls Plans INR 900 Million Manufacturing Facility in Karnataka

Fluid Controls Limited, a manufacturer of precision-engineered tube fittings and valves for industrial and defence applications, is planning to establish a new manufacturing facility in Karnataka with an investment of INR 900 million. According to an official statement from Karnataka’s Industries Minister M.B. Patil, the company has applied through the Karnataka Udyog Mitra (KUM) portal […]

Sedemac plans to Invest INR 1 Billion in New Manufacturing Facility in Karnataka

Sedemac Mechatronics Private Limited, a developer of intelligent powertrain and control solutions, plans to invest INR 1 billion in setting up a new manufacturing facility in Karnataka. The proposed investment was discussed during the Karnataka government’s road show held in Pune. According to an official statement by Karnataka’s Minister for Large and Medium Industries and […]

Kirloskar Ferrous to Invest INR 30 Billion in Hiriyur Plant Expansion

Kirloskar Ferrous Industries Limited, part of the Kirloskar group, has announced an investment of INR 30 billion over the next three years for the development of its Hiriyur plant in Karnataka’s Chitradurga district. The expansion aims to strengthen the company’s steelmaking and iron ore processing capabilities while adding new capacity for sponge pipe production. According […]

MTAR Technologies approves merger of subsidiaries; reports INR 1.36 billion revenue in the second quarter of financial year 2025–26

MTAR Technologies Limited, a manufacturer of precision-engineered systems for clean energy, aerospace and defence applications, reported consolidated revenue of INR 1.36 billion for the second quarter of the financial year 2025–26, ended 30 September 2025. Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) stood at INR 170 million, while profit after tax was INR […]