Tamil Nadu State Government has signed two Memorandum of Understanding with the Aequs Group and Japan-based MinebeaMitsumi (Minebea India Ltd), attracting a combined investment of ₹5,980 crore in the aerospace and electronics sectors. These projects are expected to generate around 8,400 jobs, further strengthening the State’s industrial and economic growth trajectory, said Industries Minister T.R.B. […]

TVS Supply Chain Solutions (TVS SCS), a leading global supply chain solutions provider, has signed a MoU with an Italy-based global aerospace and defence supply-chain integrator ALA Group to jointly pursue opportunities in India’s rapidly expanding aerospace and defence sectors. India’s aerospace and defence market, estimated at around $28 billion, is among the most dynamic […]

Auto component maker Sundram Fasteners Ltd (SFL) is stepping up diversification into wind energy, aerospace and railways even as exports to North America remain under pressure due to tariff headwinds, said Chief Financial Officer R. Dilip Kumar. “The exports have moderated a bit as expected because of the tariff pressures. North America is in a […]

Bonfiglioli Transmissions Ltd, the Indian subsidiary of Bonfiglioli Group, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). Sonia Bonfiglioli, Luciano Bonfiglioli, Luisa Lusardi, BON-FI S.r.l., and Bonfiglioli S.p.A are the promoters of the company. The offer comprises an Offer for Sale aggregating up to 46,998,958 Equity Shares […]