July 24, 2025
Inbound Aerospace, an IIT Madras–incubated startup, has secured funding from Speciale Invest to develop reusable spaceplanes for microgravity manufacturing, scientific research, and defence applications. The company is building recoverable spacecraft designed for low-Earth orbit (LEO) missions that can return to Earth via conventional runway landings. These spaceplanes are designed to remain in orbit for extended […]
July 21, 2025
Sumitomo Corporation, a Japan-based trading and investment company, has signed a memorandum of understanding (MoU) with the Osaka Prefectural Government, the Osaka Business Development Agency, and Mahindra Industrial Park Chennai Ltd. (MIPC) to assist Osaka-based companies looking to establish operations in India. The partnership aims to provide consultation services, facilitate site visits in Tamil Nadu, and […]
July 21, 2025
Master Linque Automation (India) Private Limited has inaugurated a new tooling facility in Chennai, Tamil Nadu, on July 18, 2025. The new unit is intended to expand the company’s in-house machining and tooling capabilities while reducing reliance on external vendors. According to the company, the facility will support advanced manufacturing processes for automation projects across […]
July 18, 2025
CEAT Limited will invest approximately INR 4.5 billion to expand production capacity at its manufacturing facility in Kannanthangal, Sriperumbudur Taluk, Tamil Nadu, near Chennai. The expansion aims to increase the company’s Passenger Car Utility Vehicle (PCUV) tyre output by around 35 percent over current levels. The Chennai plant currently produces about 7 million tyres annually […]
July 17, 2025
Rosti has announced an expansion of its under-construction injection moulding facility in Chennai, India, increasing the planned manufacturing space by 7,500 square metres. The expansion was approved before the original facility’s completion and is part of the company’s broader capacity growth strategy in Asia. Once operational, the Chennai facility will house 45 injection moulding machines […]
July 16, 2025
Caterpillar, a manufacturer of construction and mining equipment, concluded its Tech Challenge 2025 with a finale held in Chennai and Tiruvallur, Tamil Nadu, marking the end of a five-month-long competition that began in February 2025. The event drew participation from over 13,000 students across more than 600 colleges in India. Starting with more than 4,000 teams, […]
July 13, 2025
Jash Engineering has announced plans to acquire a 90 percent stake in WesTech Process Equipment India Private Limited (WPEIPL): 80 percent from WesTech LLC, USA, and an additional 10 percent from WPEIPL employees. The remaining 10 percent employee-held stake is slated for acquisition after three years at a pre-agreed valuation multiple. This strategic move expands […]
July 11, 2025
VCI Global Limited, a Malaysia-based investment holding company, and Kinesis Manufacturing Solutions are jointly setting up a semiconductor bonding wire manufacturing plant in Chennai, Tamil Nadu, with an initial investment of USD 3.5 million. The facility is scheduled to begin operations in the third quarter of 2025. The 25,000-square-foot plant will initially operate with a single […]
July 8, 2025
Hyundai Motor India Ltd. (HMIL), in collaboration with the Indian Institute of Technology Madras and Guidance Tamil Nadu, has unveiled the design of the Hyundai HTWO Innovation Centre. The centre is a 65,000 sq. ft. green hydrogen research facility located at IIT Madras’ Discovery Campus in Thaiyur, Chennai. It is part of an INR 1.8 […]
July 8, 2025
Ramkrishna Forgings plans to enter the forged wheel manufacturing segment with a new plant in Chennai, according to a report by PTI. The company is targeting an eventual annual production capacity of 228,000 units. The total investment in the plant is estimated at INR 20 billion and will be financed through a mix of debt […]
