Agnikul Cosmos, a Chennai-based spacetech startup, has conducted a successful test of an electric motor-driven semi-cryogenic rocket engine. The engine was throttled to different levels of thrust by varying the speed of the electric motor. The test marks a development milestone for the company as it prepares for clustered engine firings. The semi-cryogenic engine, named […]
Belrise Industries Ltd, a manufacturer of auto components, plans to set up three new manufacturing facilities in India as part of its expansion into the electric vehicle (EV) segment. Two plants in Chennai will focus on producing metal components, while a third facility in Pune will manufacture hub motors and chargers. The Pune unit is […]
GE Vernova announced an investment of approximately USD 16 million to expand its manufacturing and engineering operations in India. The expansion includes a new manufacturing line at its existing Chennai (Pallavaram) facility and the establishment of a new engineering and test lab in Noida. The developments are aimed at enhancing the company’s capacity to support […]
Around fourteen South Korean die and mould manufacturers and plastic injection moulded auto component producers are exploring opportunities to establish manufacturing facilities in India. These consist of tier 2 and tier 3 suppliers to Hyundai, Kia and Mobis. The firms are considering entering India through joint ventures with local partners, focusing on locations such as […]
Dellner India is partnering with Alstom to supply automatic couplers and semi-permanent couplers for new trains being developed for Chennai Metro Rail Limited’s (CMRL) Phase 2 expansion. The components will be used in trains that form part of the metro’s extended network. Alstom was awarded a contract in November 2022 valued at approximately EUR 98 […]
Hyundai Motor India Limited (HMIL) is set to expand its manufacturing operations with a new plant in Talegaon, Maharashtra, expected to begin production in the fourth quarter of 2025. The company has also allocated INR 15 billion to upgrade its existing facility in Chennai. Once both plants are operational, HMIL aims to reach a combined […]
The Indian Institute of Technology Madras (IIT Madras) incubated 104 startups during the 2024–25 financial year, marking the highest number of startups incubated by the institute in a single year. Over 50 percent of these ventures were founded by faculty, students, researchers, staff, or alumni of IIT Madras, while the remainder were started by external […]
R. STAHL, supplier of electrical and electronic products and systems for explosion protection, has initiated construction of a new manufacturing facility at the HI TECH Special Economic Zone (SEZ) in Sriperumbudur, Tamil Nadu, near Chennai. The facility is part of the company’s broader strategy to scale up operations in India and expand its manufacturing capabilities […]
On April 24, 2025, Brakes India Ltd. opened its new Industrial Internet of Things (IIoT) facility in Chennai, further expanding its collaboration with the National Institute of Technical Teachers Training and Research (NITTTR) Chennai. This development follows an existing memorandum of understanding (MoU) between the two entities, aiming to strengthen their partnership in industrial training […]
Renault has inaugurated a new design centre near Chennai as part of its plans to increase local design and manufacturing capabilities in India. The Renault Design Centre Chennai (RDCC), located at Mahindra World City about 55 km south of Chennai, is part of the company’s strategy to roll out five new vehicle models in the […]
