February 20, 2026
Tychon Global Systems Private Limited has signed a memorandum of understanding (MoU) to establish an ammunition manufacturing facility in Thoothukudi district, Tamil Nadu. The project involves an investment of INR 5 billion and is expected to generate 550 jobs, strengthening the state’s defence manufacturing ecosystem. The proposed unit will undertake end-to-end production of 30 mm […]
February 20, 2026
PMI Engineering Exports Private Limited will invest INR 5 billion to establish a precision aerospace manufacturing facility in Sriperumbudur, Tamil Nadu. The project is expected to create 1,000 employment opportunities and will manufacture flight-critical components for civil aviation and defence applications. The facility will undertake raw material cutting, precision machining, cleaning and finishing processes. Production […]
February 19, 2026
SATRAC Engineering Private Limited, a manufacturer of trailers and truck bodies, has inaugurated a new manufacturing facility in Chennai with a production capacity of more than 800 units per month. The 15-acre plant, including 3.5 acres of covered production space, increases the company’s combined peak production capacity to over 1,500 units per month across its […]
February 19, 2026
EKKI Water Technologies, part of the Coimbatore-based EKKI Group, on 19 February 2026 launched the LINUS Clog-Defense Sewage Pump Range in India in collaboration with Germany-based HOMA Pumpenfabrik GmbH. The company said the pumps are manufactured in India and developed specifically for Indian operating conditions, with plans to serve both domestic and select overseas markets. […]
February 19, 2026
MinebeaMitsumi signed a memorandum of understanding (MoU) with the Government of Tamil Nadu to establish a multi-functional semiconductor and advanced precision components manufacturing and research and development (R&D) facility in Tiruvallur. The facility will manufacture insulated-gate bipolar transistor (IGBT) modules and high-precision components for manufacturing and mobility applications. The project is expected to create 1,400 […]
February 16, 2026
Aequs Limited has signed a non-binding memorandum of understanding (MoU) with Guidance, the nodal agency of the Government of Tamil Nadu, to establish a large-scale Aerospace & Defence manufacturing cluster at SIPCOT Shoolagiri in Krishnagiri district. The agreement was executed on 16 February 2026 and covers the manufacture of components for aircraft engines, landing gear […]
February 14, 2026
IIT Madras Research Park (IITMRP) and Unicorn India Ventures have launched the “IITM Unicorn Frontier Fund I,” a INR 6 billion deep technology fund with an additional INR 4 billion greenshoe option. The fund will invest in intellectual property-led, engineering-focused startups in sectors including robotics, space technology, defence technology, semiconductors and medical technology that align […]
February 14, 2026
KLA Corporation has signed a memorandum of understanding with the Government of Tamil Nadu to establish a permanent research and development (R&D) and innovation campus in Chennai. The company plans to invest USD 400 million, approximately INR 36 billion, over the next decade in the proposed 12-acre facility. The campus is envisioned as KLA’s global […]
February 13, 2026
Mahindra & Mahindra Ltd. announced the expansion of its Advanced Research and Development Centre and additional testing facilities at Mahindra Research Valley in Chennai on 12 February 2026. The company said the expansion involves a fresh investment of approximately INR 1.96 billion and is expected to create around 2,000 additional jobs. The investment is aimed […]
February 13, 2026
Gorlan India inaugurated a new manufacturing facility in Coimbatore, Tamil Nadu, marking an expansion phase for the Gorlan Group’s operations in India. The development transitions the company from its established 26-year presence in the country into a larger-scale manufacturing hub focused on low-voltage switchgear production and exports. The inauguration was led by Jose Julio Gómez […]
