SSAB inaugurated a steel processing facility in Taloja on 18 March, marking an expansion of its downstream operations in India. The unit is designed to support value-added processing of high-strength steel and supply ready-to-assemble components to domestic original equipment manufacturers (OEMs). The Taloja unit is structured as a downstream processing centre rather than a steel […]
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 […]
John Cockerill India Limited, the Indian arm of Belgium-based John Cockerill Group, will become the global headquarters for the group’s metals business as part of a major organisational restructuring. The company’s board approved the acquisition of the entire equity stake in John Cockerill Metals International SA, Belgium, from its parent company, John Cockerill SA. The […]
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 […]
