AXISCADES Aerospace & Technologies is setting up a Centre of Excellence (COE) for Test Benches in Bengaluru, dedicated to supporting MBDA’s test solution requirements. The COE will be located at AXISCADES’ new facility in Aerospace Park near Kempegowda International Airport. AXISCADES has been working with MBDA on test bench solutions since 2018, delivering multiple generations […]
JJG Aero has announced plans to invest Rs 200 crore in the first phase of a new aerospace manufacturing facility, which is expected to be operational by 2027, according to a report by The New Indian Express. The company is in the final stages of acquiring land in Bengaluru for the project. A subsidiary of […]
ChargePoint, a provider of networked electric vehicle (EV) charging solutions, has partnered with HCLTech to develop EV charging software. The collaboration includes the establishment of a research and development center in Bengaluru, India, which will serve as a hub for ChargePoint’s software development activities in the country. The new facility aims to leverage HCLTech’s engineering […]
The GE Aerospace Foundation has announced the expansion of its Next Engineers program to Bengaluru, India. The initiative aims to encourage students to explore careers in engineering and is part of a broader effort to enhance engineering education globally. As part of this initiative, the GE Aerospace Foundation, along with employees at its Bengaluru facility, […]
Shimadzu Corporation has announced plans to expand its operations in India with the establishment of a new manufacturing subsidiary, Shimadzu Manufacturing India Private Limited (SMI), in Bengaluru, Karnataka. The plant is expected to be completed and operational by the spring of 2027. Additionally, the company will integrate its existing sales subsidiaries in the country to […]
Shimadzu Corporation has announced plans to establish a new manufacturing facility in Bengaluru, Karnataka, India. The plant, to be operated by Shimadzu Manufacturing India Private Limited (SMI), is scheduled to begin operations in spring 2027. The facility will occupy a 40,000-square-meter site with a 5,500-square-meter building and will initially employ 50 people in its first […]
Hitachi Energy India Limited has announced plans to raise up to ₹4,200 crore through equity shares or other securities. The company’s Board of Directors approved the proposal during a meeting on January 18, 2025. The funds may be raised in one or more tranches using methods such as public issues, rights issues, private placements, preferential […]
The International Battery Company (IBC) is set to begin production at its lithium-ion battery manufacturing unit in Bengaluru within nine months. The project, with an estimated investment of ₹390 crore, is expected to create 300 direct jobs, according to a press release issued by the company. A groundbreaking ceremony for the factory, located at the […]
Leanworx, a Bengaluru-based company specializing in real-time machine monitoring systems, has raised ₹8.3 crore in a seed funding round. According to the company, the funding was led by YourNest Venture Capital, contributing ₹6.5 crore, alongside ₹1.5 crore from an angel investment group. The investment is part of the YourNest-SanchiConnect Velocity Program 2024, which supports startups […]
BEML Limited inaugurated its Futuristic Product Innovation and Incubation Centre (FPIIC) at its Bengaluru facility on December 24, 2024. The event was attended by Vice Chief of the Naval Staff Krishna Swaminathan, along with BEML Chairman and Managing Director Shantanu Roy, senior officials, and defence personnel, according to a press release issued by the company. […]