February 23, 2026
Samvardhana Motherson International Limited has inaugurated an automotive lighting manufacturing facility in Sanand, Gujarat, through its joint venture Marelli Motherson Automotive Lighting India Private Limited (MMLI). The plant is dedicated to producing exterior lighting systems and expands the group’s automotive component manufacturing operations in India. The new facility spans 8,200 square metres and is equipped […]
February 17, 2026
TVS Supply Chain Solutions Limited has signed a memorandum of understanding (MoU) with Italy-based ALA Group to collaborate on opportunities in India’s aerospace and defence supply chain market, estimated at approximately USD 28 billion. The agreement, announced on 16 February 2026, establishes a strategic framework to jointly pursue opportunities, initially in India with potential to […]
February 13, 2026
Bonfiglioli Transmissions Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering comprising an offer for sale of up to 46,998,958 equity shares of face value INR 10 each by its promoter, Bonfiglioli S.p.A. The company did not disclose the price band or […]
February 12, 2026
Carraro India Limited is expanding its axle manufacturing capacity from 115,000 units to up to 154,160 units over the next 18 months, following a Board-approved capital outlay of INR 623 million. The plant is currently operating at over 90 percent utilisation, and the expansion is aligned with demand from agricultural and construction equipment segments. “The […]
February 7, 2026
Bonfiglioli Transmissions Limited has appointed Ravindra Pisharody as Chairperson and Independent Director and inducted Sundaresan Ananthanarayanan and Rossella Schiavini as Independent Directors to its board. The appointments are aimed at strengthening the company’s board composition and governance framework, with the new roles taking effect from February 2026. Pisharody has been elevated to the position of […]
February 3, 2026
Adani Defence & Aerospace, the defence and aerospace arm of Adani Enterprises Limited, has signed a memorandum of understanding with Leonardo to develop, manufacture and sustain a helicopter manufacturing ecosystem in India, the companies said on 3 February 2026. The partnership is aimed at addressing anticipated requirements of the Indian Armed Forces and supporting the […]
January 10, 2026
Elgi Equipments Limited inaugurated a vacuum pump assembly line at its headquarters in Coimbatore on 09 January 2026, marking its entry into vacuum technology manufacturing. The new facility expands the company’s manufacturing scope beyond compressed air systems and supports its strategy of developing a broader portfolio of industrial air and vacuum solutions. The assembly line […]
December 30, 2025
Fincantieri Group secured a contract through its subsidiary WASS Submarine Systems S.R.L. to supply heavyweight torpedoes to the Indian Navy for deployment on six Kalvari-class submarines under Project 75. The contract covers the procurement and integration of 48 Black Shark Advanced heavyweight torpedoes along with associated equipment, with deliveries scheduled between 2028 and early 2030. […]
December 29, 2025
Endurance Technologies Limited said it has received regulatory approval to complete the merger of its wholly owned step-down subsidiaries in Italy, consolidating its European operations through an internal restructuring effective from 1 January 2026. The Pune-based automotive components manufacturer said the Italian Chamber of Commerce has approved the merger of Endurance Engineering S.r.l. and Endurance […]
December 24, 2025
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 […]
