Neptunus Power Plant Services Private Limited, a provider of marine and industrial reliability solutions, has signed a memorandum of understanding (MoU) with the Indian Register of Shipping (IRS) to promote condition-based maintenance technologies in the maritime sector. The agreement was concluded on 30 October during Maritime India Week 2025 in Mumbai. IRS has granted Type […]
Honda Motor Co., Ltd. has announced an investment in OMC Power Private Limited, an India-based distributed power and mini-grid company, to support the launch of a leasing business for uninterruptible power supply (UPS) devices using Honda’s portable and swappable batteries. The initiative is scheduled to begin in January 2026. Honda and OMC Power have been […]
Senvion India Limited unveiled its engineered-in-India 4XM wind turbine platform at Windergy India 2025, marking a significant milestone in its localisation and technology development efforts. The company also announced the signing of a Memorandum of Understanding with Integrum Energy Infrastructure Limited for the supply and commissioning of up to 50 units of the 4.2M160 turbine […]
3M India Limited has inaugurated its new Electronics Customer Experience Center in Bangalore, aimed at supporting the development of India’s electronics manufacturing ecosystem through hands-on demonstrations and co-creation of advanced material solutions. The facility is designed to bring 3M’s global materials science expertise closer to Indian customers in sectors such as semiconductors, consumer electronics, and […]
Dredging Corporation of India Limited (DCIL) will undertake a modernisation programme valued at INR 40 billion under a consortium of four major ports — Visakhapatnam Port Authority, Paradip Port Authority, Jawaharlal Nehru Port Authority, and Deendayal Port Authority. The announcement was made by the Prime Minister during the inauguration of India Maritime Week 2025 in […]
Schaeffler India Limited, a manufacturer of precision-engineered solutions for motion technology, reported a 13.9 percent increase in revenue from operations for the third quarter ended 30 September 2025 to INR 23,601 million, compared to the same period last year. Profit before tax (PBT) before exceptional items rose 23.9 percent year-on-year to INR 4,129 million, while […]
Ford Motor Company has announced plans to restart manufacturing operations at its facility in Chennai, Tamil Nadu, with a new project focused on producing next-generation engines for global markets. The new plant, which will have an installed capacity of 235,000 engines per year, is scheduled to commence production in 2029. The initiative follows the signing […]
Wheels India Limited reported a 26.69 percent increase in net profit for the quarter ended 30 September 2025, reaching INR 280 million compared with INR 220 million in the same period last year. Revenue for the quarter rose 8.63 percent to INR 11.79 billion from INR 10.85 billion in the corresponding period of the previous […]
Resolux Group, a Denmark-based company known for supplying component solutions and services to the global wind energy industry, has inaugurated a new facility in Chennai to support its expanding operations in India. The site will enable improved warehousing, office functions, and coordination with customers and suppliers in the region, marking a key milestone in the […]
Zen Technologies Limited, a Hyderabad-based defence training and counter-drone technology company, has received two orders worth a total of INR 2.89 billion (including GST) from the Ministry of Defence, Government of India, for the upgradation of Anti-Drone Systems. According to the company’s filing with the National Stock Exchange (NSE) and BSE dated 31 October 2025, […]
