MANUFACTURING
Sigma Advanced Secures ₹174 Cr 155 Mm Ammunition Subsystems Order
Sigma Advanced Systems Ltd, an aerospace and defence engineering and manufacturing company, has secured an order worth $19.70 million (approximately ₹174 crore) from a North American customer serving the NATO defence ecosystem for specialised ancillary subsystems used in 155 mm artillery ammunition. The order is scheduled for execution by the second quarter of calendar year […]
CW Bureau
·
Oct 21, 2026
MANUFACTURING
Motherson Set To Acquire 50% Stake In Rotary Connectors For ₹500 Cr
Samvardhana Motherson Adsys Tech Ltd (SMAST) has agreed to acquire a 50.1% stake in Rotary Connectors Pvt Ltd (RCPL) from its existing shareholders for a cash consideration of ₹500 crore. The transaction is expected to be completed by the fourth quarter of FY27. The equity value will be determined based on enterprise value plus net […]
CW Bureau
·
Sep 21, 2026
ECONOMY
Tamil Nadu Attracts ₹67,452 Cr From 97 Accords At Investment Conclave
Tamil Nadu’s latest investment conclave has witnessed 97 companies committing ₹67,452 crore investments and 1,06,998 jobs. But the more important story behind the numbers is the changing composition of investment. The commitments announced at the VETTRI Tamil Nadu Investment Conclave 2026 point to a state attempting to move beyond its traditional manufacturing strengths into semiconductors, […]
Sajan C Kumar
·
Aug 13, 2026
HOSPITALITY
Brigade Forays Into Industrial Real Estate With Brigade Industrial Park
Leading realty developer Brigade Group has announced its foray into industrial real estate with the launch of Brigade Industrial Park, a 25-acre industrial development in Devanahalli, North Bengaluru. Located in the Hi-Tech, Defence & Aerospace Park (Phase I), close to the Kempegowda International Airport, Bengaluru, the project will offer around 2 million square feet of […]
CW Bureau
·
Mar 10, 2026
MANUFACTURING
BEL Nod For 50:50 JV With SED To Make HAMMER Smart Weapon In India
Bharat Electronics Limited (BEL), a Navratna defence PSU, has approved the signing of a joint venture agreement with France-based Safran Electronics & Defence (SED) to manufacture the HAMMER (Highly Agile Modular Munition Extended Range) smart air-to-ground weapon system in India, with localisation of up to 60%. The proposed 50:50 joint venture will focus on the […]
CW Bureau
·
Feb 16, 2026
