Fair Friend Group (FFG), through its subsidiary MAG IAS GmbH (MAG), has secured an order to deliver a turnkey production line for railway axles to Jupiter Tatravagonka Railwheel Factory Pvt. Ltd. (JTRWF) in India. The line, valued in the double-digit million-euro range, is designed for an annual output of 60,000 axles and will be installed […]
Gebr. Pfeiffer Mining has inaugurated a new manufacturing site in Talegaon, Pune, Maharashtra. The facility was completed in one year and is designed to supplement the company’s German production operations while expanding its manufacturing capabilities in the country. Gebr. Pfeiffer has supplied vertical roller mills and advanced grinding technology to major cement producers in India, […]
TRUMPF India, a manufacturer of sheet metal processing equipment and laser technology, has dispatched the first TruBend Series 1000 hydraulic press brake manufactured at its new facility in Pune. The machine is designed for sheet metal fabrication, offering high-precision bending for both conventional and complex profiles across varying sheet thicknesses. The TruBend Series 1000 features […]
Garden Reach Shipbuilders & Engineers (GRSE) Ltd has signed a contract with Germany-based Carsten Rehder Schiffsmakler und Reederei GmbH & Co. KG for the construction of four hybrid multi-purpose vessels (MPVs). The total contract value is USD 62.44 million. The agreement covers the design, construction, and delivery of four 7,500 deadweight tonnage (DWT) vessels. Each […]
Tata Technologies has announced the acquisition of Germany-based ES-Tec Group for EUR 75 million in an all-cash transaction. The company said the deal will expand its engineering capabilities in Europe, with completion subject to regulatory approvals in Germany, Morocco and other jurisdictions. The acquisition is expected to close by December 2025. Tata Technologies will acquire […]
Flender, a Germany-based manufacturer of drive systems and components, is expanding its manufacturing operations in Walajabad, India. The move is a strategic step to meet the growing global demand for wind turbine drive components. The ground-breaking ceremony for the project was held recently and was attended by Christian Weck, Global Head of Parts Production, Vinod […]
India and Germany have agreed to work together to accelerate negotiations on a Free Trade Agreement (FTA) between India and the European Union, External Affairs Minister S Jaishankar said following talks with German Foreign Minister Johann Wadephul in New Delhi. The ministers also noted that bilateral trade, which reached almost EUR 50 billion last year, […]
Kaynes Semicon, in collaboration with Infineon Technologies, has announced the launch of a Micro-Electro-Mechanical Systems (MEMS) microphone manufactured at Kaynes’ new facility in Gujarat. The device is designed for use in wireless earbuds and wearable products. Infineon provides the bare die technology, while Kaynes is responsible for packaging and integration. Alongside the microphone, the companies […]
ThyssenKrupp Marine Systems (TKMS), a naval shipbuilding company, has signed a Memorandum of Understanding (MoU) with Hyderabad-based VEM Technologies Pvt. Ltd. to cooperate on submarine weapons technologies. The agreement covers the development, production, integration, testing, and modernisation of heavyweight torpedoes. VEM Technologies will take responsibility for integration and testing of the torpedoes in India, supported […]
ThyssenKrupp Marine Systems (TKMS) has entered government-authorised negotiations with Mazagon Dock Shipbuilders Limited (MDL) for India’s Project 75I submarine programme, which is valued at about INR 700 billion. The project aims to expand and modernise the Indian Navy’s conventional submarine fleet through the construction of six diesel-electric submarines in India. The proposed submarines will feature […]