Fair Friend Group (FFG), through its subsidiary MAG IAS GmbH (MAG), has secured an order to deliver a turnkey production line for railway axles to Jupiter Tatravagonka Railwheel Factory Pvt. Ltd. (JTRWF) in India. The line, valued in the double-digit million-euro range, is designed for an annual output of 60,000 axles and will be installed […]
Jindal Steel has commissioned a 3 MTPA Basic Oxygen Furnace (BOF) at its Angul integrated steel plant in Odisha, increasing its crude steelmaking capacity at the facility from 6 MTPA to 9 MTPA. The first heat from the new BOF has been tapped, marking the start of production. The commissioning of the BOF synchronises with […]
Talcher Fertilizers Limited (TFL) has received proprietary equipment for its upcoming urea plant at Talcher, Odisha. The delivery, which arrived at the TFL site on 11 September 2025, included a stripper, a pool condenser and a urea reactor manufactured by Stamicarbon. The company stated that the arrival of the equipment marks a step towards the […]
Toray Industries (H.K.) Ltd. has entered a joint venture with MAS Holdings to establish a new manufacturing facility in Odisha, India. The entity, named Toray MAS Apparel India, will operate from the MAS Apparel Park at Bhuinpur, which began development in March 2025. Operations are scheduled to start in early 2026. The agreement was formalised […]
The Indian Navy has entered into a contract worth INR 660 million with Odisha-based Coratia Technologies for the supply and development of Underwater Remotely Operated Vehicles (UWROVs). The systems will be deployed for tasks including hull cleaning, minor salvage operations, and surveys and inspections of submerged infrastructure. Coratia’s UWROV ‘Jalasimha’ has received Technology Readiness Level […]
Shyam Metalics has entered the crash barrier manufacturing segment with the aim of achieving an 8–10 percent market share in the financial year 2025–26. The company has begun production at its Giridih facility, which has an annual capacity of 24,000 metric tonnes per annum (MTPA) and employs over 150 people. The company plans to set […]
Beekay Steel Industries Ltd has commenced commercial production at its new manufacturing facility in Cuttack, Odisha. The unit was acquired from Maheshwari Ispat Ltd and is structured into four divisions with distinct production capacities. The Cuttack facility includes a billets division with a capacity of 130,000 tonnes, a silico manganese division with a capacity of […]
Vibhor Steel Tubes Ltd (VSTL) has started supplying Electric Resistance Welded (ERW) and Galvanised (GI) pipes from its newly commissioned plant in Sundargarh, Odisha. The facility, with an installed capacity of 156,000 metric tonnes per annum (MTPA), began commercial production in July 2025 after receiving electricity access on 11 July. The Odisha plant, built on […]
The Union Cabinet of the Government of India has approved four new semiconductor manufacturing projects with a total proposed investment of about INR 46 billion in Odisha, Punjab, and Andhra Pradesh. These projects are expected to create 2,034 direct skilled jobs and support the wider electronics manufacturing sector through indirect employment. With these approvals, the […]
The Government of Odisha has approved fiscal support for Phase 1 of RIR Power Electronics Limited’s upcoming silicon carbide (SiC) semiconductor manufacturing facility in Bhubaneswar. The total project cost across both phases is estimated at approximately INR 6.18 billion, with Phase 1 involving a capital expenditure of about INR 650 million. The project had earlier […]