Manufacturing

Varunastra Torpedo is indigenously-developed, says Ministry The Defence Acquisition Council (DAC), on 20 March 2025, has accorded Acceptance of Necessity (AoNs) to eight capital acquisition proposals amounting to over Rs.54,000 crore https://mod.gov.in/en. For the Indian Army, AoN for procurement of...

Lauritz Knudsen smart energy to optimize cost by 30% Lauritz Knudsen Electrical and Automation (formerly L&T Switchgear), a leader in the Indian electrical and automation industry, has unveiled its next-generation smart energy and automation solutions to drive energy efficiency and...

Facility output for growing demand for lithium-ion batteries Fast growing Cathode Active Materials (CAM) manufacturer, Hyderabad's Altmin Private Limited, marked a historic moment with the announcement of India's first Lithium Iron Phosphate (LFP) cathode giga-factory, an investment of Rs.750 crore....

IAF to get radar for tracking aerial targets As part of the Government’s efforts to strengthen indigenous defence capabilities of the country, Ministry of Defence has inked a capital acquisition contract with Bharat Electronics Limited (BEL), Ghaziabad, for the procurement...

CDS outlines need for four generations of UAS General Anil Chauhan, Chief of Defence Staff (CDS), has called for synergy between users, designers, and manufacturers, ensuring India’s self-reliant defence future http://mod.gov.in. Delivering a keynote address at a seminar on "UAS...

Acquisition to add prominent clients Anya Polytech & Fertilizers Ltd (NSE – ANYA), a listed company engaged in the business of Fertilizers, has acquired 60% of the paid-up equity share capital of Polyfilm Packaging Pvt Ltd which has its manufacturing...

Venture to enhance sand casting capabilities in Southeast Asia Toronto-listed Magellan Aerospace Corporation, which has operations throughout North America, Europe and India, has signed a Memorandum of Understanding (MOU) with Aequs Private Limited to explore the development of a business...

Amara Raja to set up Rs.9,500cr in cell-battery plant Minister for Electronics & IT Ashwini Vaishnaw has laid the foundation stone for four manufacturing units at the Mahabubnagar District in Telangana. The four compaies are making an estimated investment of...

Exciting moment for Gujarat, says Patel, welcoming Jabel Jabil Inc. (NYSE: JBL) is opening its secondary factory in India, citing shifting business landscape that has accelerated the need for enterprises to adapt to uncertainties and volatile market conditions. “We are...

Identify new products with global demand, says PM The Production Linked Incentives (PLIs) has generated an investment of more than Rs.1.5 lakh crore, production of more than Rs.13 lakh crore and exports worth more than Rs.5 lakh crore, Prime Minister...