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India’s Top 100 Engineering Companies

Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more

India-Malaysia to strengthen cooperation in digitalisation, defense and AI

Currently, there are around 185,000 Indian nationals in Malaysia, including both skilled and unskilled workers. Read more

Tembo Global integrates two divisions to streamline operations

Tembo Global Industries Ltd. integrates the umbrella of the new divisions – Tembo Global Infra Ltd. and Tembo Defense Products Ltd.Read more

Robotics firm DiFACTO raises Rs 400 million in funding from Stakeboat Capital

DiFACTO has three factories in Bengaluru, branches in Pune and Gurgaon, and a wholly-owned subsidiary in Michigan, USA. Read more

India to build small arms manufacturing unit in Sri Lanka; defence collaboration

Sri Lanka could benefit from studying the Indian model and expressed interest in exploring Sri Lanka's own manufacturing capabilities in the defense sector, echoing the sentiment of drawing lessons from India's experience.Read more

Taurus and Jindal Defence JV starts small Arms Pilot production

Under the guidance of Taurus’ expert team from Brazil, the Indian facility has commenced the production of pilot batches of firearms in March 2024Read more

Private companies increasingly engage in defense manufacturing

The Indian government recently initiated the development of two defence industrial corridors, located in Uttar Pradesh and Tamil NaduRead more

Macpower CNC Machines signs Rs 100 cr MoU with Gujarat

The allocated funds from the MoU will be directed towards establishing a facility dedicated to the production of CNC machines.Read more

Ansys Software and NI Systems Join forces for Aerospace, Defense Solutions

The parties have signed a memorandum of understanding (MOU) at MAPCON 2023 to facilitate a faster, more efficient collaboration to accelerate innovation for India’s Aerospace & Defense labs.Read more

Indian defense firms secure global rankings amidst rising arms demand

The Stockholm International Peace Research Institute (SIPRI) recently published a report, disclosing that HAL, BEL, and MDL, all Indian defense PSUs, secured positions among the top 100 arms-producing companies.Read more

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