MANUFACTURING RCF Kapurthala Set To Roll Out First Bangladesh Railway LHB Coach Rake

Rail Coach Factory (RCF), Kapurthala, is set to achieve another milestone with the rollout of its first rake of 19 LHB broad gauge passenger coaches for Bangladesh Railway on August 12. The first rake comprises three AC Sleeper Cars, three AC Chair Cars, 11 Non-AC Chair Cars and two Power Cars. The coaches have been […]

CW Bureau · Aug 11, 2026

MANUFACTURING Schaeffler India Hires Amit Bhalerao As COO To Bolster Manufacturing

Schaeffler India Ltd has appointed Amit Bhalerao as Chief Operating Officer (COO), effective August 10, 2026, with a mandate to lead the company’s manufacturing operations in India and strengthen its operational capabilities. In his new role, Bhalerao will oversee manufacturing strategy, operational excellence, digital transformation and capability development across Schaeffler India’s operations. As a member […]

CW Bureau · Aug 11, 2026

MANUFACTURING AM/NS India Launches Heavy Plates For Infra, Manufacturing Sectors

ArcelorMittal Nippon Steel India (AM/NS India) has launched two new heavy steel plate brands namely STRUCTROMAX and WELDSTAR,  targeting India’s growing infrastructure, construction, manufacturing, energy, transportation and heavy engineering sectors. Developed at the company’s plate mill facility in Hazira, Gujarat, the new products combine advanced rolling and heat-treatment technologies with stringent metallurgical and quality controls. […]

CW Bureau · Aug 11, 2026

MANUFACTURING India’s Defence Industry Set To Grow 19% Annually To ₹3 Lakh Cr By FY29

India’s defence industry is expected to expand from ₹1.78 lakh crore in FY26 to ₹3 lakh crore by FY29, registering a compound annual growth rate (CAGR) of around 19%, while maintaining PBILDT margins of 20–22%, according to CareEdge Ratings. The growth is expected to strengthen domestic defence capabilities, reduce import dependence and enhance India’s position […]

CW Bureau · Aug 8, 2026

MANUFACTURING Ramco Cements Allots ₹800 Cr For FY27 Capex, Plans 31 MTPA Capacity

Ramco Cements has earmarked ₹800 crore for capital expenditure in FY27 as it steps up capacity expansion, with plans to take its cement capacity to around 31 million tonnes per annum (MTPA) through debottlenecking of existing integrated units and brownfield expansion at Kolimigundala. The company expects to commission a 15 MW waste heat recovery system […]

CW Bureau · Aug 8, 2026

MANUFACTURING Jindal Worldwide Lines Up ₹650-Cr Rights Issue, To Be Debt-Free By FY27

Jindal Worldwide Ltd, a leading integrated textile company, has approved raising up to ₹650 crore through a rights issue as part of its plan to strengthen the balance sheet and become debt-free by FY27. The company said the fund raise marks a pivotal step in its growth journey and is aimed at reducing debt, improving […]

CW Bureau · Aug 7, 2026

MANUFACTURING Hindalco Q1 PAT Rises 75% To ₹7,013 Cr On Strong India Business Growth

Aditya Birla Group metals flagship Hindalco Industries Ltd reported its highest-ever quarterly net profit (PAT) of ₹7,013 crore for the quarter ended June 30, 2026, registering a 75% year-on-year growth from ₹4,004 crore, driven by robust performance across its India businesses and a recovery in subsidiary Novelis. The company also posted record quarterly revenue and […]

CW Bureau · Aug 7, 2026

MANUFACTURING Zen Technologies Bets Big On DAP 2026 To Boost Defence Order Pipeline

Defence technology company Zen Technologies Ltd expects India’s evolving defence procurement framework and continued push for indigenisation to accelerate order inflows, while reiterating its guidance of achieving a cumulative turnover of ₹4,000 crore across FY27 and FY28. In his message to shareholders in the company’s Annual Report 2026, Chairman and Managing Director Ashok Atluri said […]

CW Bureau · Aug 7, 2026

MANUFACTURING AM/NS India Supplies Specialised Steel For Indian Navy’s INS Malvan

ArcelorMittal Nippon Steel India (AM/NS India) has supplied 100% of the specialised steel required for INS Malvan, the Indian Navy’s latest indigenously built Anti-Submarine Warfare Shallow Watercraft (ASW-SWC), underscoring the growing role of domestic steelmakers in India’s defence manufacturing ecosystem. The vessel was commissioned into the Indian Navy on July 22, 2026, at Karwar, Karnataka. […]

CW Bureau · Aug 6, 2026

MANUFACTURING Blue Star Q1 Profit Drops 15% To ₹103 Cr; Revenue Jumps 13% To ₹3,378 Cr

Air-conditioning major Blue Star Ltd reported a 15.2% decline in consolidated net profit to ₹102.51 crore for the first quarter ended June 30, 2026, as higher commodity prices, a weaker summer season and pressure on room air-conditioner margins offset healthy revenue growth. The company’s consolidated revenue from operations rose 13.3% to ₹3,377.92 crore, compared with […]

CW Bureau · Aug 6, 2026

MANUFACTURING Swan Defence Wins Svitzer Contract To Build Four Advanced Harbour Tugs

Swan Defence and Heavy Industries Ltd (SDHI) has secured a contract from Denmark-based global towage operator Svitzer A/S to build four advanced TRAnsverse 3200 harbour tugs, reinforcing India’s emergence as a competitive destination for sophisticated shipbuilding. The vessels will be built at SDHI’s Pipavav shipyard in Gujarat, with deliveries scheduled to begin in early 2028. […]

CW Bureau · Aug 6, 2026

MANUFACTURING Belrise Industries Buys Hyva India’s Tipper Body Business For $5.65 Mn

Pune-headquartered Belrise Industries Ltd has acquired the Tipper Body Business of Hyva India Pvt Ltd, a subsidiary of JOST Werke SE, for $5.65 million. The transaction, valued at an enterprise value-to-EBITDA multiple of about 3.6 times, strengthens Belrise’s position as a Tier-0.5 supplier in the commercial vehicle ecosystem. Strengthens commercial vehicle presence The acquisition aligns […]

CW Bureau · Aug 6, 2026