Mercedes-Benz has strengthened its manufacturing footprint in India by commencing local assembly of the Mercedes-Maybach GLS Celebration Edition at its Chakan plant near Pune, signalling a deeper commitment to localisation as it sharpens its focus on high-value and ultra-luxury segments. The localisation move coincides with the launch of the all-electric EQS SUV range, reflecting a […]
Thrustworks Dynetics Pvt. Ltd. inaugurated an Integrated Rocket Facility (IRF) in Pune, marking the commissioning of a private facility that brings rocket propulsion integration, manufacturing, and hot-fire testing under one roof. The company said initial test runs at the facility have already been completed, enabling it to shorten development and validation timelines for liquid rocket […]
Nibe Defence and Aerospace Limited, a defence manufacturing subsidiary of Nibe Limited, has received a licence from India’s Ministry of Home Affairs to manufacture and proof-test firearms and ammunition, enabling the company to enter a regulated segment of the domestic defence industry. The scope of the licence includes manufacturing and proof-testing of pressure-bearing parts and […]
Benteler Automotive India Private Limited is expanding its manufacturing operations in Pune with the addition of in-house tube forming capability for torsion beam rear suspension systems. The company has leased an additional 136,000 square feet facility at the Blackstone-owned Horizon Industrial Park Chakan II to support the expansion. Benteler currently operates a 128,000 square feet […]
Remmers Gruppe SE is making a foreign strategic investment of INR 3 billion in Teknovace Private Limited, an Indian premium wood coatings company, to establish a global wood coatings manufacturing hub in India. The investment forms part of a strategic partnership focused on expanding manufacturing capacity, strengthening technology capabilities, and developing India as a base […]
olee.space, an Indian photonics and defence technology company, has demonstrated an indigenous 20 kilometre, 10 gigabits per second wireless laser communication system in a live operational environment in India. The company said the system achieved carrier-grade availability and validated the ability to design, manufacture and deploy high-reliability optical wireless communication solutions for defence and strategic […]
Aichelin Unitherm is establishing a new manufacturing and office facility at Ambi Maharashtra Industrial Development Corporation (MIDC) in Talegaon, near Pune, as part of its plan to consolidate and expand its operations in India. The new facility is being developed on a plot of approximately 11,500 square metres and is bringing all of Aichelin Unitherm’s […]
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 […]
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 […]
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 […]