June 13, 2025
Crompton Greaves Consumer Electricals Ltd., a manufacturer of consumer electricals, has received a Letter of Award valued at over INR 1.01 billion (exclusive of GST) from the Maharashtra Energy Development Agency (MEDA) for supplying 4,500 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS) across Maharashtra. The project is part of Component-B of the PM-KUSUM scheme and […]
June 12, 2025
Tembo Defence, a subsidiary of Tembo Global Industries Limited, has received a comfort letter from the Maharashtra Industrial Development Corporation (MIDC) for the allocation of 100 acres of land in Amravati, near Nagpur. The company plans to establish an arms and ammunition manufacturing unit at the site. According to Tembo Defence, the new facility is […]
June 12, 2025
Nibe Ltd, a manufacturer of engineering products, has received a purchase order valued at INR 233.3 million from a domestic infrastructure and defence company. The order is for the supply of Armour Plate MIL12560 (ARMOUR) and is scheduled for phased execution, with completion expected by May 31, 2026. The company stated that the purchase order […]
June 10, 2025
Reliance Infrastructure-promoted Reliance Defence has signed a cooperation agreement with Germany’s Diehl Defence to manufacture the Vulcano 155 mm Precision-Guided Munition System in India. The partnership is expected to address the operational requirements of the Indian Armed Forces and has the potential to generate revenue of INR 100 billion for Reliance Defence. Under the agreement, […]
June 10, 2025
Lumax Group, a manufacturer of auto components, has inaugurated IAC India’s Chakan 3 Plant and the extension of Chakan Plant 1 in Maharashtra. The combined investment for the two facilities is approximately INR 700 million. The new capacity is aimed at supporting the company’s growing automotive interiors business, particularly in the electric vehicle (EV) segment. […]
June 6, 2025
Carraro India Limited, a manufacturer of industrial machinery, has announced expansion initiatives at its manufacturing plants in Ranjangaon, Pune, as part of its FY25 investor update. The company currently operates two plants—one for drivelines and another for gears—with a combined production capacity utilization of over 75 percent. The driveline plant, which produced 86,551 axles and […]
June 6, 2025
Reliance Infrastructure is establishing a greenfield explosives and ammunition manufacturing facility in Ratnagiri, Maharashtra. The plant, being developed within the Dhirubhai Ambani Defence City, involves an investment of INR 50 billion and is aimed at supporting the production of newly developed 155mm artillery ammunition. The facility is part of the company’s broader defence manufacturing initiative […]
June 6, 2025
Nidec Global Appliance, part of the Appliance, Commercial and Industrial Motors (ACIM) business unit, will begin manufacturing Embraco compressors in India at a new facility in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra. The plant represents an investment of over USD 120 million and is scheduled to start operations in the second half of 2026. The facility […]
June 3, 2025
Thermax, an energy and environment solutions provider, has inaugurated a pilot facility in Pune for the development of Solid Oxide Electrolyser Cell (SOEC) technology. The facility will focus on developing a pressurised SOEC system over the next 11 months in collaboration with UK-based technology partner CERES. According to the company, the facility is intended to […]
June 3, 2025
Cooper Corporation, a manufacturer of engines, engine components, and generators, has commenced large-scale exports of gas-powered gensets to the United States and Japan. The shipments include gensets ranging from 5 kVA to 500 kVA, each approved by the US Environmental Protection Agency (EPA). According to the company, its 10 kVA and 25 kVA gas gensets have […]