The Ratan Tata Innovation Hub (RTIH) was inaugurated at Mayuri Tech Park in Mangalagiri, Andhra Pradesh, on 20 August 2025. The facility aims to support 20,000 startups and create more than 100,000 direct jobs within the next five years, with a broader target of 556,000 jobs linked to 113 signed industrial projects. The central hub […]
Tata AutoComp Systems has signed a conditional agreement, through its UK-based subsidiary Artifex Interior Systems Limited, to acquire 100 percent of the share capital of IAC Group (Slovakia). The company did not disclose the financial terms of the transaction. Completion is subject to regulatory approvals and other customary conditions. Tata AutoComp Systems was advised on […]
Tata Steel has rolled out its first batch of galvanised coils from the newly operational Continuous Galvanising Line (CGL‑1) at the Cold Rolling Mill complex in Kalinganagar, Odisha. This marks a significant milestone in the Phase II expansion of the plant. The INR 270 billion Phase II project has increased capacity at Kalinganagar from 3 […]
Tata AutoComp Systems Ltd has formed a 50:50 joint venture with Japan’s Ichikoh Industries Ltd to acquire the Valeo Lighting Systems (VLS) business from Valeo India Pvt Ltd. Ichikoh is approximately 61.2 percent owned by Valeo, and the acquisition remains subject to definitive agreements and regulatory approvals. The JV is aimed at serving India’s booming […]
Airbus Defence and Space has delivered the 16th C295 aircraft to the Indian Air Force (IAF), completing the first phase of a 56-aircraft procurement programme. The aircraft departed from Seville, Spain, and is the final unit to be fully built in Europe before assembly shifts to India. Under the contract signed in 2021, the initial […]
Renuka Equipments Pvt. Ltd. has designed, a manufacturer of industrial machinery, manufactured, and commissioned a 100-tonne capacity battery-operated Scrap Bucket Transfer Car (SBTC) for Tata Steel Ltd. at its Meramandali facility in Odisha. Powered by lithium-ion batteries, the unit is intended to offer an energy-efficient alternative to traditional scrap transport systems. The SBTC is equipped with […]
Tata Motors has reached a definitive agreement to acquire the commercial vehicle operations of Iveco Group in an all‑cash EUR 3.8 billion transaction, excluding Iveco’s defence business. The offer will be made through a wholly owned subsidiary, contingent upon completion of the defence‑unit separation, which will be acquired by Italian defense and space company Leonardo. […]
Siemens Limited and Tata STRIVE have jointly implemented a Dual Vocational Education and Training (VET) program that has reached over 120,000 beneficiaries in 279 Government Industrial Training Institutes (ITIs) over the past eight years. The initiative, based on the German vocational training model, aims to better align ITI training with industry requirements. The program enhances […]
Tata Electronics and Robert Bosch GmbH have signed a Memorandum of Understanding (MoU) to collaborate in electronics and semiconductor manufacturing. The partnership focuses on chip production and packaging at Tata Electronics’ planned assembly and test facility in Assam, as well as its foundry in Gujarat. The agreement also includes joint projects within Electronic Manufacturing Services […]
Tata Steel has commenced construction of a new Electric Arc Furnace (EAF) at its Port Talbot site in the United Kingdom, as part of a joint investment of GBP 1.25 billion with the UK Government. The facility is expected to reduce carbon emissions by up to 90 percent from current levels, equivalent to approximately 5 […]
