MANUFACTURING
L.T Elevator Enters Global Automated Parking Space With DYPC Acquisition
L.T Elevator Ltd has signed a Share Purchase Agreement to acquire Seoul-based DYPC Inc. (Dongyang PC Inc.), marking its entry into the global automated parking technology business. The company will acquire a 66.45% stake in DYPC at a consideration of $2.85 per share. It will also acquire and cancel 5 lakh equity shares held by […]
CW Bureau
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Aug 5, 2026
MANUFACTURING
Lohia Aerospace, Massivit In Pact For Large-Format Additive Manufacturing
Lohia Aerospace Systems has signed a memorandum of understanding (MoU) with Israel-based Massivit to establish India’s first commercial large-format additive manufacturing facility for composite tooling and critical aerospace components, marking a significant step towards strengthening the country’s indigenous aerospace manufacturing ecosystem. The joint manufacturing alliance will see Massivit’s large-format 3D printing platform installed at Lohia […]
CW Bureau
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Aug 4, 2026
MANUFACTURING
Jupiter Wagons Partners Lucchini RS To Build Integrated Railwheel Platform
Jupiter Wagons Ltd (JWL) has entered into a strategic partnership with Italy’s Lucchini RS Holding S.p.A. (LRS) to establish India’s first fully integrated private-sector railwheel manufacturing platform. Under the binding agreements, Lucchini RS will acquire a 15% equity stake in Jupiter Tatravagonka Railwheel Factory Pvt Ltd (JTRWF), while SIMEST S.p.A., an Italian government financial institution, […]
CW Bureau
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Aug 3, 2026
MANUFACTURING
TN CM Visits Saint-Gobain, Renault Plants; Checks Infra Projects Status
Tamil Nadu Chief Minister C Joseph Vijay on Monday inspected the operations of Saint-Gobain’s integrated glass manufacturing facility at the Sriperumbudur SIPCOT Industrial Park and Renault’s automobile manufacturing plant at the Oragadam SIPCOT Industrial Park, while also reviewing the progress of ongoing industrial infrastructure projects in the region. During his visit to Saint-Gobain, one of […]
CW Bureau
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Aug 3, 2026
MANUFACTURING
India’s Coal Production Rises 7.5% In July 2026; Dispatch Jumps 17.3%
India’s coal production rose 7.51% year-on-year (YoY) in July 2026, while coal dispatch recorded a stronger 17.34% growth, reflecting robust demand and improved supply across the sector. According to the Ministry of Coal, the country’s coal production stood at 69.75 million tonnes (MT) (provisional) during July, up from 64.88 MT in the corresponding month last […]
CW Bureau
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Aug 2, 2026
MANUFACTURING
Aarti Industries Elevates Suyog Kotecha As MD & CEO From October
Aarti Industries Ltd (AIL), a speciality chemicals company, has announced a leadership transition as part of its long-term succession plan, appointing its current Chief Executive Officer and Executive Director Suyog Kotecha as Managing Director & CEO with effect from October 1, 2026. The board has also redesignated the current Chairman & Managing Director as Non-Executive […]
CW Bureau
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Jul 31, 2026
MANUFACTURING
Pricol Q1 PAT Jumps 34% To ₹67 Cr On Strong Revenue Growth Of 23%
Auto components manufacturer Pricol Ltd reported a 34.34% year-on-year increase in consolidated profit after tax (PAT) to ₹67.02 crore for the first quarter of FY27, driven by healthy revenue growth, even as higher input costs and currency headwinds weighed on profitability. The company’s revenue from operations rose 23.46% to ₹1,083.58 crore during the June quarter, […]
CW Bureau
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Jul 30, 2026
MANUFACTURING
Sunita Tools, Polish Defence Co. Sign MoU For Drone Manufacturing JV
Sunita Tools Ltd has entered into a Memorandum of Understanding (MoU) with a Polish defence company to collaborate on the research, design, development and manufacture of ISR drones, loitering ammunition and smart drone ammunition. The collaboration envisages the formation of a joint venture in India, with Sunita Tools holding a majority stake. The MoU is […]
CW Bureau
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Jul 30, 2026
MANUFACTURING
Shiva Cement Set To Commercialise 2.4 Million Tonnes Of Dolomite Yearly
Shiva Cement Ltd, a subsidiary of JSW Cement Ltd, has received modified Environmental Clearance and Consent to Operate for its Khatkurbahal (North) Block limestone and dolomite mines in Odisha, enabling it to commercially mine and sell dolomite. The approval enables Shiva Cement to commercially undertake mining and sale of dolomite from the block. Dolomite mining […]
CW Bureau
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Jul 28, 2026
MANUFACTURING
Sigma Wins ₹1,013-Cr Export Order For Advanced 155Mm Artillery Shells
Sigma Advanced Systems Ltd (Sigma) has secured a $104.9 million (about ₹1,013 crore) export order from a North American customer for the manufacture and supply of 147,000 units of 155mm base bleed artillery shell bodies, marking a significant milestone in the company’s journey up the global defence manufacturing value chain. The order, one of the […]
CW Bureau
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Jul 27, 2026
MANUFACTURING
Zen Technologies Unveils India’s First Man-Portable Anti-Drone System
Defence technology company Zen Technologies Ltd has unveiled India’s first indigenous high-altitude Man-Portable Anti-Drone System (MPADS), designed to protect troops operating in mountainous and remote terrains against the growing threat of hostile drones. The company chose Kargil Vijay Diwas to launch the new system, saying it honours the courage and sacrifice of the Indian Armed […]
CW Bureau
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Jul 26, 2026
MANUFACTURING
ZENO Launches ₹8,599 Smartphone, Fast-Charging Power Banks In India
Smartphone maker itel has expanded its ZENO portfolio with the launch of the ZENO 100 Pro smartphone alongside two new power banks, as the company seeks to strengthen its presence in India’s highly competitive entry-level smartphone market by offering bundled value propositions. The company has positioned the ZENO 100 Pro as one of the most […]
CW Bureau
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Jul 24, 2026