Flender India has installed a wind turbine gearbox testing facility at its Walajabad plant near Chennai, expanding its capability to validate gearboxes for higher-capacity wind turbines. The testing infrastructure is designed to handle gearboxes for turbines with capacities of up to 13.5 megawatt (MW). The test rig was built with an investment of about EUR […]
Dellner Group began construction of a new production facility in Chennai on 2 March 2026, expanding its manufacturing operations in India. The facility is being developed in Kuthambakkam near Chennai, adjacent to the company’s existing plant in the region. The groundbreaking ceremony was held at the project site and included a traditional Pooja ceremony. Manvinderjit […]
ELGI Equipments Limited said it aims to reach USD 750 million in revenue by the financial year ending March 2031, supported by new product development, increased aftermarket services, and continued expansion of its installed base. The company said the plan assumes revenue growth of about 11.3 percent over the period, with an expected EBITDA margin […]
MRF Limited has entered into a non-binding memorandum of understanding (MoU) with the Government of Tamil Nadu to facilitate the establishment of a greenfield manufacturing facility for automotive tyres and allied products in Sivaganga district. The proposed facility is planned at the SIPCOT Industrial Park in Tamil Nadu. The company said in a stock exchange […]
Salzer Electronics Limited announced the signing of a memorandum of understanding (MoU) with Wirepas to integrate the Wirepas Certified platform into its smart electricity meters. The partnership aims to expand the company’s smart metering portfolio and support utilities with networked metering systems. According to a press release issued by Salzer Electronics Limited, the agreement integrates […]
Centre for Development of Advanced Computing (C-DAC), Indian Institute of Technology Madras and Lucas TVS have developed a 30 kW Wide Band Gap (WBG)-based Integrated Drive System (IDS) for electric vehicle applications. The system was launched in Chennai on 02 March 2026 under the National Mission on Power Electronics Technology (NaMPET) of the Ministry of […]
Witzenmann India, the Indian subsidiary of Germany-based Witzenmann GmbH, commenced construction of a new production and administrative facility in Palur/Oragadam, southern India, following a ceremonial groundbreaking held on 26 February 2026. The new site will replace the company’s existing Chennai facility, which has been in operation for more than 25 years, with gradual relocation scheduled […]
The ePlane Company, a Chennai-based deep-tech startup developing electric vertical take-off and landing (eVTOL) aircraft, has inaugurated a 60,000 sq ft integrated prototyping and testing facility at the IIT Madras Discovery Campus in Thaiyur. The facility is intended to support full-scale aircraft production and certification-ready systems as part of India’s urban air mobility segment. The […]
Sundaram-Clayton Limited said its Board has approved the resignation of Vivek S Joshi as Director and Chief Executive Officer effective 31 March 2026 and the appointment of R Venkatesh as Director and Chief Executive Officer for a five-year term beginning 1 April 2026. The decisions were taken at a Board meeting held on 26 February […]
Inbound Aerospace has signed a memorandum of understanding to establish an advanced aerospace and space systems manufacturing facility in Chennai with an investment of INR 1 billion. The proposed facility will support the production of recoverable and reusable spacecraft systems and associated subsystems. The unit will undertake advanced composites fabrication, precision machining, avionics integration and […]
