Nibe Limited has entered into a supply contract with the Indian Army under the Ministry of Defence for the manufacturing and supply of ground equipment, accessories, ESP and ammunition for a universal rocket launcher system. The total consideration for the contract is INR 2.93 billion, inclusive of all taxes and duties. The contract relates to […]
Tembo Classic Engineering Private Limited, a subsidiary of Tembo Global Industries Limited, has received a defence manufacturing licence from the Government of Maharashtra to set up a small arms manufacturing facility in the state. The approval marks the company’s entry into India’s defence manufacturing segment and enables it to proceed with plans for a dedicated […]
Francois Compressors India Private Limited, the Indian subsidiary of Belgium-based AF Compressors (Ateliers François S.A.), has commenced construction of an extension to its manufacturing facility in Pune, marked by a stone laying ceremony held recently. The project forms part of the company’s long-term growth roadmap through 2030 and is intended to strengthen operational capabilities at […]
Voxelgrids Innovations has deployed its first indigenously developed magnetic resonance imaging (MRI) scanner for clinical use at the Chandrapur Cancer Care Foundation hospital in Maharashtra, marking a key manufacturing milestone for India’s domestic medical devices sector. The installation represents the transition of the MRI system from prototype development to routine patient care. Voxelgrids received its […]
Nine Rivers Capital has invested in Seinumero Nirman Private Limited through its Aurum Rising India Fund, marking the third investment by the fund and reinforcing its focus on India’s precision manufacturing sector. The transaction involves a minority stake, with the capital intended to support the company’s next phase of growth and institutional development. The investment […]
Godawari Power and Ispat Limited has made a further investment of INR 739.5 million in its wholly owned subsidiary, Godawari New Energy Private Limited, to support capital expenditure and working capital requirements for a battery energy storage system manufacturing project. The investment was completed through the allotment of preference shares on 16 December 2025 and […]
Natilus, a U.S.-based aerospace manufacturer developing blended-wing-body passenger and cargo aircraft, has entered the Indian market through a partnership with SpiceJet Limited and the establishment of a wholly owned local subsidiary in Mumbai. The move marks Natilus’s first formal operational presence in India and aligns with its plans to certify and commercialise its Horizon passenger […]
Remal Alcast Private Limited has commenced operations at a new integrated aluminium billet casthouse at Vile Bhagad in Maharashtra, marking its entry into billet manufacturing. The facility, developed under the Remal brand and backed by the Star Group, adds new domestic capacity to India’s aluminium value chain and is positioned to serve extrusion and downstream […]
Renolit SE has extended its joint venture with APPL Industries Limited for a further 15 years, reinforcing its long-term presence in India and its expansion plans across Asia. The extension applies to APPL GOR India Plastics Pvt. Ltd., the joint venture through which Renolit has operated in the Indian market for nearly 15 years. The […]
3A Composites India Private Limited is expanding the domestic manufacturing footprint of its aluminium composite panel product Alucore to cater to growing demand from architectural and infrastructure projects in India. The expansion focuses on strengthening production and application of the material from the company’s manufacturing facility at Ranjangaon near Pune, Maharashtra, as part of its […]
