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DDP launches 5th positive indigenisation list of 346 defence items

DPSUs such as Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Bharat Dynamics Limited (BDL) will lead the indigenisation of these items through various routes, including the 'Make' procedure and in-house development, involving industry players and MSMEs.Read more

Bounce Infinity and Zapp EV join hands for EV contract manufacturing

The collaboration aims to enhance the assembly and distribution of Zapp's i300 electric urban motorcycle in India. Read more

Godrej Industries’ Chemicals Business to buy Unit II of Shree Vallabh Chemicals

Located at Kheda, Gujarat, the Shree Vallabh Ethoxylation unit II has a manufacturing capacity of 24,000 MTPA of finished products.Read more

Welspun One raises Rs 22.75 billion to develop warehousing properties

The capital was secured from approximately 800 Limited Partners (LPs) and investors, including high-net-worth individuals, ultra-high-net-worth individuals, family offices, corporates, and domestic institutions. Welspun One plans to utilise this capital to develop warehousing properties. Read more

TI Clean Mobility to launch new EVs despite financial losses

TICMPL reported a revenue of Rs 1.23 billion but incurred a substantial loss before tax amounting to Rs 980 million. Read more

China faces plastic overcapacity; strains global trade relations

Some sectors of China's vast petrochemical industry are operating at half capacity as producers scale back.Read more

CEAT appoints Vishal Pawar as Senior Vice President – Global Sales

Pawar began his career at TAFE (Tractors and Farm Equipment Limited). Then, he moved to CEAT and went on to work at Garware Technical Fibres.Read more

Thales Group & Adani Defence and Aerospace to manufacture 70 mm rockets in India

Recently, Adani Defence and Aerospace also signed a historic agreement with UAE’s Edge Group to create a global platform for defence and aerospace capabilities, further enhancing the technological prowess and reach of Indian defence manufacturing.Read more

HAL receives light combat helicopter order; boosting ‘Make in India’

The revenue from operations increased 18.36% YoY to Rs 147.88 billion during the quarter. Read more

Are the safety integration of AGVs a challenge?

By definition, AGVs are typically supplied as incomplete machines. Read more

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