MANUFACTURING Shyam Metalics Unveils ₹2,700 Cr Expansion, Eyes Specialty Steel

Shyam Metalics and Energy Ltd has announced a ₹2,700 crore strategic expansion programme aimed at deepening its play in higher-margin, value-added steel segments. The investment, entirely funded through internal accruals, signals a disciplined yet ambitious growth strategy focused on premiumisation, downstream integration, and long-term earnings quality. The proposal will be placed before the Board for […]

CW Bureau · Apr 29, 2026

MANUFACTURING Dalmia Bharat Registers Mixed Q4 With Record Operating Performance

Dalmia Bharat Ltd reported a mixed set of numbers for the March quarter of FY26, with profitability under pressure even as revenue and operating performance showed resilience. Profit slips, revenue edges upThe company posted a consolidated profit after tax (PAT) of ₹394 crore in Q4 FY26, down 10.3% from ₹439 crore in the year-ago period. […]

CW Bureau · Apr 28, 2026

MANUFACTURING VRDE (DRDO) & Bharat Forge Unveil Vikram VT 21 Armoured Platform

Vehicle Research and Development Establishment (VRDE), a unit of Defence Research and Development Organisation (DRDO), in association with Bharat Forge Ltd and Tata Advanced Systems Ltd, has co-created the Vikram VT 21, an advanced armoured platform expected to be battle-ready in under three years. The Vikram VT 21 programme comprises two variants — Advanced Armoured […]

CW Bureau · Apr 27, 2026

MANUFACTURING Sigma Secures ₹3,800-Cr Order From Rolls-Royce For Aerospace Systems

Sigma Advanced Systems, an integrated aerospace and defence company, has signed a seven-year long-term agreement with Rolls-Royce, marking a decisive step forward in its global aerospace journey. Strategic tie-up strengthens global positioning The agreement deepens Sigma’s relationship with one of the world’s most respected aerospace OEMs, placing the company closer to the core of critical […]

CW Bureau · Apr 27, 2026

MANUFACTURING Bharat Dynamics Delivers Indigenous Heavy Weight Torpedo To NSTL

Bharat Dynamics Ltd, a premier Defence Public Sector Undertaking, has achieved a significant milestone in indigenous defence manufacturing with the delivery of a production-grade Wire Guided Heavy Weight Torpedo (WGHWT) to Naval Science and Technological Laboratory (NSTL) at its Visakhapatnam unit. The event was attended by Defence Research and Development Organisation (NS&M), Director General R […]

CW Bureau · Apr 25, 2026

MANUFACTURING TNPL Registers ₹240 Cr Net Profit In Q4FY26 Due To Tax Reversal Boost

State-owned Tamilnadu Newsprint and Papers Ltd (TNPL) reported a sharp rise in profit after tax (PAT) at ₹240.30 crore for the March quarter of FY26, compared to ₹22.12 crore in the same quarter last year, owing to one-time gain from reversal of deferred tax liability. Total revenue for the quarter stood at ₹1,291.77 crore, down […]

CW Bureau · Apr 24, 2026

MANUFACTURING JSW, JFE Unveil New Identity For 50:50 Joint Venture JSW JFE Steel

JSW Steel Ltd and JFE Steel Corporation have unveiled the new corporate identity of their 50:50 joint venture, JSW JFE Steel Ltd, encompassing integrated steel operations at Sambalpur, Odisha. The unveiling ceremony, held in the presence of Odisha Government, Chief Minister Mohan Charan Majhi, Union Education Minister Dharmendra Pradhan, JSW Group Chairman Sajjan Jindal, JSW […]

CW Bureau · Apr 24, 2026

MANUFACTURING L&T Forays Into Industrial Electronics, Production Lines At Coimbatore Plant

Larsen & Toubro (L&T) has entered the B2B industrial electronics space with the commencement of industrial electronics manufacturing at its Coimbatore campus in Tamil Nadu. New vertical LTEPS announcedThe new business vertical, christened L&T Electronic Products & Systems (LTEPS), will be headquartered in Bengaluru, while the manufacturing operations will be based in Coimbatore. Initial manufacturing […]

CW Bureau · Apr 24, 2026

MANUFACTURING Tube Investments, N Govindarajan To Invest ₹100 Cr In 3xper Innoventure

Murugappa group firm Tube Investments of India Ltd (TII) has entered into a supplementary agreement with 3xper Innoventure Ltd and N Govindarajan to invest ₹75 crore by TII and ₹25 crore by Govindarajan respectively, in compulsorily convertible preference shares (CCPS) of the company. TII subsidiary 3xper operates in the contract development and manufacturing organisation (CDMO) […]

CW Bureau · Apr 23, 2026

MANUFACTURING Mahindra & Mahindra Patents Grow 20-Fold Over A Decade To 1,334

Mahindra & Mahindra Ltd (M&M), a leading automotive and farm equipment manufacturer and part of the Mahindra Group, reaffirmed its focus on R&D and the ‘Make in India’ initiative, has reported a 20-fold increase in patents granted over the past decade, rising from 56 in FY16 to 1,334 in FY26. The cumulative number of patent […]

CW Bureau · Apr 23, 2026