Aeromeccanica Stranich S.p.A., the holding company of Stranich Fans and Duscon India Pvt Ltd, has become part of the Baglioni S.p.A. industrial group, marking a change in ownership structure aimed at supporting international growth while maintaining operational continuity. The transaction also includes the integration of Acovent s.r.l., Stranich Fans and Duscon India Pvt Ltd into […]
MTAR Technologies Limited has received an additional order valued at INR 3.1 billion for the supply of equipment to the civil nuclear power sector, strengthening its order book in nuclear energy manufacturing. The order has been awarded by Megha Engineering & Infrastructures Limited and relates to components for the Kaiga Units 5 and 6 nuclear […]
Cyient Semiconductors has signed a definitive agreement to acquire a majority stake in Kinetic Technologies, a fabless semiconductor company specialising in power management, high-performance analog and mixed-signal integrated circuits. The transaction, announced on 17 December 2025, involves a total consideration of up to USD 93 million and is aimed at expanding Cyient Semiconductors’ presence in […]
Raghu Vamsi Aerospace Group announced the launch of a new DeepTech design, production and integration campus under its defence brand Arrobot at the Telangana government’s Hardware Park near Hyderabad International Airport on 15 December 2025. The company also unveiled six indigenous unmanned and autonomous defence systems, expanding its manufacturing and development footprint in unmanned aerial […]
Naxion Energy, a Hyderabad-based sodium-ion battery manufacturer, has announced plans to invest INR 2 billion by December 2026 to expand its production capacity and establish a new manufacturing facility in Hyderabad. The company said the expansion is aimed at meeting rising demand for its battery technologies across mobility and energy storage applications. The company currently […]
Cyient Limited announced a strategic long-term partnership with Navitas Semiconductor to co-develop gallium nitride (GaN) products, digital and mixed-signal integrated circuits, and GaN-based system modules aimed at India’s high-voltage, high-power market segments. The collaboration will target AI data centres, electric mobility, performance computing, energy grid infrastructure and industrial electrification and seeks to establish a complete […]
Lockheed Martin marked the delivery of the two hundred fiftieth C-130J Super Hercules empennage assembly manufactured by Tata Lockheed Martin Aerostructures Limited (TLMAL). The delivery represents a key milestone in the long-running aerostructures programme undertaken at the Hyderabad facility. TLMAL was established in 2010 as a joint venture between Tata Advanced Systems Limited and Lockheed […]
Innomet Advanced Materials Limited, a manufacturer of specialty metal powders and tungsten heavy alloys, reported stronger first-half results and outlined plans to scale revenue to an annual run rate of INR 1 billion within about 12–14 months. The company said its strategy will emphasise higher-value powders, exports and expanded tungsten heavy-alloy sales. The company is […]
JSW Defence Pvt. Ltd has commenced construction of its next-generation unmanned aerial systems (UAS) facility at the Electronics Manufacturing Cluster in Maheshwaram, Hyderabad. The project is intended to support domestic production of Group 3 unmanned systems and expand manufacturing capability for advanced aerial platforms required by defence users. JSW has entered into a long-term transfer […]
NRB Bearings Limited, a manufacturer of bearings and motion-technology components, has signed a joint venture agreement with Unitec S.r.L and Mondial S.p.A of Italy to establish a new company to manufacture cylindrical roller bearings (CRBs) for the industrial segment in India. The JV will be located in Uppal, Hyderabad, and is intended to supply a […]
