Manufacturing

Six OEMs gets DVA certificate Companies, led by Tata Motors and Mahindra & Mahindra, have committed over Rs.25,000 crore under the PLI Scheme for Automobile & Auto Components or PLI-Auto which was approved by the Cabinet on 15 Sept 2021...

Tamil Nadu steadfast to be global semiconductor hub Yield Engineering Systems, Inc. (YES), a global leader in materials and interface engineering equipment solutions, has shipped a first commercial VeroTherm Formic Acid Reflow tool to a leading global semiconductor manufacturer from...

Biotech startup ecosystem has grown to 10,075 India's bio-economy has witnessed a remarkable 16-fold rise in 10 years, from US$10 billion in 2014 to an impressive US$165.7 billion in 2024, which is a testament to the government's commitment to fostering...

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...