Godavari Biorefineries Limited (GBL) has received the ICC – K. V. Mariwala Award for Effective Chemical Industry–Academia Partnership at the 60th Annual ICC Awards 2025, held in Mumbai on 19 September. The company was jointly recognised along with the Institute of Chemical Technology (ICT), Mumbai. The award relates to a technology developed in collaboration with […]
CFF Fluid Control Limited, a manufacturer of equipment for naval platforms, has received a purchase order worth approximately INR 237 million from the Material Organisation of the Indian Navy. The order is for specialised equipment linked to the P75 submarine project, with execution and delivery scheduled by around August 2026. The P75 project is part […]
Alstom has been awarded a contract by Larsen & Toubro Limited to supply 234 Metropolis metro cars (39 six-car trainsets) and a Communications Based Train Control (CBTC) signalling system, along with five years of maintenance services, for Mumbai Metro Line 4. The agreement is valued at several hundred million euros, according to information provided by […]
Manastu Space, a Mumbai-based spacetech startup, has raised USD 3 million in an extended Series A round led by venture capital firm Capital-A. Existing investors Capital 2B, Indian Angel Network (IAN), E2MC, the Bhagnani family office, Jeet Chandan, among others, also participated. Lodha Capital acted as the transaction facilitator. The funding will be used for […]
CG DE SUB, LLC (CG USA), a wholly owned subsidiary of India’s CG Power and Industrial Solutions Limited, has signed an agreement with Flanders Electric Motors Service, LLC (FLANDERS) to offer traction motor replacement and refurbishment solutions in the United States railway market. The partnership aims to leverage local capabilities to provide faster turnaround times […]
Rolls-Royce and the Indian Institute of Technology Bombay (IIT Bombay) have signed a Memorandum of Understanding (MoU) to enable internships and joint research in defence engineering. The agreement was signed by Prof. Sachin C. Patwardhan, Dean (R&D), IIT Bombay, and G. S. Selwyn, Executive Vice-President of Rolls-Royce India. Alex Zino, Director — Business Development and […]
Titagarh Rail Systems Limited has secured a contract worth INR 15.99 billion for the supply of metro coaches for Mumbai Metro Line 6. The company received a Letter of Acceptance from NCC Limited for the design, manufacture, supply, installation, and commissioning of 108 metro coaches—comprising 18 trains of six coaches each—serving the Swami Samarth Nagar […]
Zen Diamond India has opened its first manufacturing unit in Mumbai, with a reported production capacity of 35,000 to 40,000 jewellery pieces per month, or approximately 500,000 pieces annually. The facility supports the company’s strategy to expand operations in India and strengthen control over its design and production processes. Zen Diamond, originally established in Turkey, […]
TEMA India Ltd, a manufacturer of process equipment, has commissioned a private test facility for performance validation of heavy water distillation components, developed through a technology transfer from the Bhabha Atomic Research Centre (BARC) and a purchase order from Nuclear Power Corporation of India Ltd (NPCIL). The facility was inaugurated on 26 July 2025 in Mumbai. […]
RRP Defense Limited has signed a memorandum of understanding (MoU) with CYGR, a Franco-American drone technology company, to establish a joint venture for the production of advanced drone systems in India. The proposed venture will include a manufacturing facility and a research and development (R&D) centre in Navi Mumbai. Under the terms of the MoU, […]