Calcom Vision Limited has entered into a business association with Goldmedal Electricals to manufacture a range of LED lighting products at its facility in Greater Noida, Delhi National Capital Region. The engagement is expected to contribute an estimated annual revenue of INR 200 million to INR 250 million to Calcom Vision at steady-state capacity. The […]
Ashok Leyland Limited has begun construction of a battery pack manufacturing facility at Pillaipakkam near Chennai in Tamil Nadu. The project marks the development of a greenfield unit intended to support the company’s electric mobility manufacturing and battery pack production capabilities. The project will involve an investment of INR 4–5 billion and forms part of […]
Jindal Steel Limited said it has been declared the preferred bidder for the Thakurani-A1 iron ore block in Keonjhar district of Odisha following the conclusion of an online auction conducted by the Government of Odisha. The block covers an area of 202 hectares and forms part of a mineral block auction round notified in December […]
Bharat Forge Limited inaugurated a landing gear components machining facility in Mundhwa, Pune on 11 March 2026, developed in collaboration with Liebherr-Aerospace & Transportation SAS. The facility is designed to manufacture high-precision landing gear components for aerospace applications and forms part of the company’s aerospace manufacturing operations. The facility integrates advanced machining centres dedicated to […]
thyssenkrupp Marine Systems (TKMS), a naval shipbuilding company, signed a teaming agreement with VEM Technologies Private Limited in Hyderabad on 10 March 2026 to cooperate on the transfer of torpedo technology and the joint development of a heavyweight torpedo for India. According to a press release issued by TKMS, the agreement establishes a framework for […]
Airbus Helicopters and Garuda Technologies Inc. have signed a contract covering the delivery of up to 18 Flexrotor uncrewed aerial systems (UAS) to support civil and parapublic missions. The agreement will allow Garuda to provide Flexrotor-based services to customers through dry and wet lease models for activities including infrastructure inspection, law enforcement, search operations, wildfire […]
Hettich India Private Limited inaugurated a new manufacturing plant for undermount drawer runners in Indore, Madhya Pradesh, expanding its production capacity for furniture fittings in the country. The facility forms part of the company’s overall investment of approximately INR 20 billion in India and coincides with 25 years of Hettich’s operations in the country. The […]
Kinetic Engineering Limited announced a promoter group capital infusion of INR 400 million to strengthen its balance sheet and support expansion in electric vehicle (EV) and automotive component businesses. The development was disclosed on 11 March 2026 and comes as the company expands its activities in EV components, battery systems, and precision engineering. The investment […]
Hindustan Zinc Limited signed a memorandum of understanding (MoU) with CMR Green Technologies Ltd. on 10 March 2026 to establish a zinc alloy manufacturing facility in Rajasthan. The project will be located at Zinc Park, an industrial hub developed to support downstream zinc-based industrial applications. CMR Green Technologies will set up the unit to produce […]
Trac Precision Solutions Limited, a wholly owned step-down subsidiary of PTC Industries Limited, has signed a multi-year memorandum of understanding (MoU) with Coolbrook Oy to collaborate on the machining and manufacture of components for Coolbrook’s RotoDynamic Heater (RDH) technology. The agreement establishes a structured five-year framework intended to support manufacturing development and industrial scale-up of […]
