MANUFACTURING Zen Technologies Gets Arms Licence, Expands Into Heavy Weapon Systems

Zen Technologies has secured an arms manufacturing licence from the Government of India under the Arms Act, 1959, marking a significant expansion of its defence capabilities. The licence enables the company to manufacture 12.7mm, 23mm, 30mm, and 40mm cannons, critical weapon systems with applications across air defence, naval operations, and counter-unmanned aircraft system (C-UAS) roles. […]

CW Bureau · Apr 17, 2026

MANUFACTURING Chip Boost: India Notifies ₹91,000-Cr Tata Semiconductor SEZ At Dholera

The Indian Government has notified a Special Economic Zone (SEZ) to be set up by Tata Semiconductor Manufacturing Pvt Ltd at Dholera, Gujarat, with a massive investment of ₹91,000 crore. The project, spread across 66.166 hectares, will focus exclusively on electronic hardware, software, and IT/ITES, marking a significant milestone in India’s technology manufacturing ambitions. India’s […]

CW Bureau · Apr 16, 2026

MANUFACTURING Ballarpur Industries Charts Revival Roadmap Under New Board

Ballarpur Industries Ltd (BILT), a leading manufacturer of writing and printing (W&P) paper and subsidiary of Finquest Financial group, is charting a revival strategy under its newly constituted board following the successful completion of its insolvency resolution process. BILT is undertaking a comprehensive review of its policies, processes and practices to align with its long-term […]

CW Bureau · Apr 16, 2026

MANUFACTURING Axiro Invests In EdgeCortix To Power Next Generation Chip Technologies

EdgeCortix, a leading fabless semiconductor company specialising in energy-efficient AI processing, has announced a new investment from Axiro Semiconductor Pvt Ltd, a wholly owned subsidiary of CG Power and Industrial Solutions, and MPower Partners, building on the strong momentum of its previously oversubscribed funding round. Global footprint with advanced ai capabilities Headquartered in Kanagawa, Japan, […]

CW Bureau · Apr 15, 2026

MANUFACTURING Capricorn Systems To Merge With Radical Bio; Shift To Ethanol Business

Capricorn Systems Global Solutions Ltd (CSGL), a Hyderabad-based listed entity, has approved a merger with Radical Bio-Organics Ltd (RBOL) as part of its diversification strategy to exit the IT-enabled services business and enter high-growth distillery and chemical manufacturing segments. On April 11, 2026 the board approved the merger with a 1:1 share exchange ratio. Post-merger, […]

CW Bureau · Apr 12, 2026

MANUFACTURING Jindal Poly Films Drop Demerger Plan Citing Delays, Market Uncertainty

Jindal Poly Films Ltd (JFPL) has decided to voluntarily withdraw its application related to the demerger of non-woven fabrics business division into its subsidiary with Global Nonwovens Ltd in view of procedural and regulatory delays along with geopolitical uncertainties. Withdrawal limited to regulatory filing The company clarified that the withdrawal pertains only to the application […]

CW Bureau · Apr 10, 2026

MANUFACTURING Airfloa Eyes ₹315 Cr Income In FY26 Driven By Strong Order Pipeline

Airfloa Rail Technology Ltd, a Chennai-based engineering solutions provider, is expected to close FY26 with a topline of over ₹315 crore, reflecting a growth of nearly 64% year-on-year, supported by strong order inflows and execution across railway, defence, renewable energy and emerging segments. Strong order visibility The company continues to build momentum across railway and […]

CW Bureau · Apr 9, 2026

MANUFACTURING Strong FY26 Lifts India Steel To New High, But Global Risks Cloud Horizon

India’s steel industry enters the new fiscal on a strong footing, with demand visibility remaining robust despite global volatility and cost pressures. Backed by sustained infrastructure spending, urbanisation, and policy support, the sector is expected to maintain its growth trajectory, even as it navigates challenges around energy security and input costs. This positive outlook follows […]

CW Bureau · Apr 9, 2026

MANUFACTURING From Screen To Steel: Ranveer Singh Becomes Face Of Jindal Stainless

Jindal Stainless, India’s leading stainless steel manufacturer, has announced Ranveer Singh, one of India’s most celebrated actors and cultural icons, as its first-ever brand ambassador and nationwide celebrity endorser. Strategic brand move The association marks a significant step in the company’s efforts to expand brand visibility and strengthen its connect with consumers. Known for his […]

CW Bureau · Apr 8, 2026

MANUFACTURING Tata Steel India Registers Best-Ever Annual Crude Steel Output In FY26

Tata Steel India, one of the country’s largest integrated steel producers, has achieved its best-ever annual crude steel production of 23.48 million tonnes (provisional and unaudited) for FY26. Production was up 8% year-on-year, primarily aided by the ramp-up at Kalinganagar, partly offset by the shutdown of the ‘G’ blast furnace at Jamshedpur for relining. In […]

CW Bureau · Apr 7, 2026