TIL Ltd, an Indian manufacturer of material handling and infrastructure equipment, has secured contracts valued at more than INR 2 billion for the supply of reach stackers to Container Corporation of India (CONCOR) and mission-critical cranes to the Indian armed forces. The orders span both commercial logistics and defence applications. The company received an order […]
Texmaco Rail & Engineering Limited (Texrail) and Nymwag have completed construction of a new freight wagon manufacturing facility in Kolkata under their joint venture, Texmaco Nymwag Rail and Components Private Limited. The plant is designed for an annual output of 2,500 wagons and has now entered pilot production. The partners expect the first completed wagon, […]
TIL Limited, a manufacturer of material handling and infrastructure equipment, reported standalone revenue of INR 814.5 million for the quarter ended 30 September 2025 (Q2FY26), up 12 percent from INR 725.1 million in the corresponding quarter of FY25. EBITDA rose to INR 32.7 million, translating to an EBITDA margin of 4.0 percent, while the company […]
Shyam Metalics and Energy Limited, an integrated metal producer, is in the final phase of executing a capital expenditure programme of about INR 94.25 billion to expand its steel, aluminium and stainless steel manufacturing capacity across India. According to the company’s investor presentation for the second quarter of FY2025–26, around 80 percent of the total […]
The Indian Navy will commission Ikshak, an indigenously built hydrographic survey vessel, at the Naval Base in Kochi on 6 November 2025. The ship is the third in the Survey Vessel (Large) series and the first to be based at the Southern Naval Command. The vessel has been constructed by Garden Reach Shipbuilders and Engineers […]
Lloyds Engineering Works Limited announced that it has received an order from the Steel Authority of India Limited (SAIL) – IISCO Steel Plant, Burnpur, West Bengal, for the design and execution of a 4.2 million tonnes per annum (MTPA) pellet plant complex. The company disclosed the development in a stock exchange filing dated 3 November […]
Ramsarup Industries Limited (RIL), part of Shyam Metalics and Energy Limited, will commission a modern blast furnace and linear sinter plant as part of its INR 3.69 billion investment to enhance steel production capacity. The blast furnace’s stove heating has commenced, and the facility is expected to begin commercial operations by the end of November […]
Garden Reach Shipbuilders & Engineers Limited (GRSE) has signed a Memorandum of Understanding (MoU) with the Centre of Excellence in Maritime and Shipbuilding (CEMS) during India Maritime Week to strengthen cooperation in maritime education and training. The agreement aims to enhance industry–academia collaboration and support skill development initiatives in shipbuilding and related disciplines. According to […]
Metso Corporation has received an order to deliver an iron ore sintering plant to the Steel Authority of India Limited (SAIL) for its IISCO Steel Plant (ISP) in Asansol, West Bengal. The order, valued at approximately EUR 32 million, was booked under Metso’s Ferrous business in the third quarter of 2025. According to a press […]
Kolkata-based Titagarh Rail Systems Limited (TRSL) has launched the third Diving Support Craft (DSC) for the Indian Navy. The vessel is part of a five-craft series under construction at TRSL, intended to support underwater operations such as repair, maintenance, and salvage inside and around harbours. The craft was launched into the Hooghly River on 12 […]
