INFRASTRUCTURE Tata Elxsi, Sarla Aviation Tie Up To Develop Six-Seater eVTOL Aircraft

Tata Elxsi, a global design and technology services company, and Sarla Aviation, an advanced air mobility company, have signed a MoU to collaborate on the development of Shunya, a six-seater plus one pilot electric vertical take-off and landing (eVTOL) aircraft. The partnership combines Sarla Aviation’s urban air mobility plans with Tata Elxsi’s expertise in aerospace, […]

CW Bureau · Sep 1, 2026

STARTUP/TECHNOLOGY Avathon Establishes AI Centre Of Excellence In Bengaluru

Avathon, a leader in Autonomy for Operations, has established an AI Centre of Excellence (CoE) in Bengaluru, strengthening India’s role in its global AI innovation network. The centre will bring together AI scientists, engineers and technical leaders to advance Physical AI and frontier models for autonomous industrial systems across energy, mining and aerospace. The Bengaluru […]

CW Bureau · Aug 27, 2026

B HAL, Safran Sign Contract To Develop Aravalli Helicopter Turboshaft Engine

Hindustan Aeronautics Ltd (HAL) and Safran Helicopter Engines have signed a contract with SAFHAL Helicopter Engines Pvt. Ltd. for the design, development, manufacture, supply and lifecycle support of a new-generation high-power helicopter engine in the 3,500-4,000 shp class. Named Aravalli, the turboshaft engine has been selected to power HAL’s upcoming 13-ton Indian Multi-Role Helicopter (IMRH) […]

CW Bureau · Aug 26, 2026

STARTUP/TECHNOLOGY Jubilant Ingrevia To Buy 40% Stake In Zettaone Technologies For ₹189 Cr

Jubilant Ingrevia Ltd, a specialty chemicals manufacturer, has entered into a binding agreement to acquire a 40% strategic stake in Zettaone Technologies India Pvt Ltd for ₹189 crore, marking its entry into the electronics development and manufacturing services space. The acquisition will be completed in two tranches. The first tranche is expected to close by […]

CW Bureau · Aug 19, 2026

ECONOMY WGC Unveils ‘Swarnim Udaan 2047’ Roadmap For India’s Gold Economy

The World Gold Council (WGC) has unveiled Swarnim Udaan 2047, a long-term roadmap aimed at strengthening India’s gold ecosystem as the country pursues its ambition of becoming a $30 trillion developed economy by 2047. Developed with Monitor Deloitte, the report calls for coordinated policy reforms across mining, jewellery manufacturing, financialisation, innovation and exports to unlock […]

CW Bureau · Aug 4, 2026

INFRASTRUCTURE HAL Charts ₹14,000-Cr Capex To Expand Production, MRO Capacity

India’s Maharatna defence company Hindustan Aeronautics Ltd (HAL) has drawn up a capital expenditure plan of ₹14,000 crore over the next five years to expand manufacturing capacity and strengthen its maintenance, repair and overhaul (MRO) infrastructure. The planned investment will primarily be directed towards expanding manufacturing facilities and establishing repair and overhaul capabilities for various […]

CW Bureau · Aug 4, 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 · Jul 30, 2026

STARTUP/TECHNOLOGY HFCL Expands Optical Connectivity Capacity, Okays ₹215-Cr Data Centre

HFCL, a technology enterprise engaged in optical fibre, optical fibre cables and digital connectivity solutions, is strengthening its position in the fast-growing optical connectivity market, supported by rising investments in AI-driven data centres, cloud infrastructure, next-generation telecom networks and digital infrastructure worldwide. The company is also scaling its defence and aerospace business through indigenous technology […]

CW Bureau · Jul 22, 2026

STARTUP/TECHNOLOGY Adani Defence To Buy 44.6% Stake In Flight Simulation Firm For ₹820 Cr

Adani Defence Systems & Technologies Ltd (ADSTL), a wholly owned subsidiary of Adani Enterprises Ltd, has signed a Share Purchase Agreement to acquire the remaining 44.6% stake in Flight Simulation Solutions Pvt Ltd (FSSPL) at an enterprise value of ₹820 crore. The acquisition will increase ADSTL’s holding in FSSPL from 55.40% to 100%, making the […]

CW Bureau · Jul 17, 2026

STARTUP/TECHNOLOGY Scanology Opens Calibration Centre In Noida, Hosts Partnership Summit

Scanology, a global provider of industrial-grade 3D measurement and digital inspection solutions, has opened its India Calibration Centre in Noida. The company also hosted the India Partner Summit 2026 under the theme “Stronger Partnership. Shared Growth. Greater Impact.” Localisation strategy The India Calibration Centre is part of Scanology’s global localisation strategy. It reinforces the company’s […]

CW Bureau · Jul 16, 2026

STARTUP/TECHNOLOGY Garuda Aerospace Partners Micron Instruments To Make Defence Drones

Indian cricketer M.S. Dhoni backed drone startup Garuda Aerospace has signed a Memorandum of Understanding with Micron Instruments Pvt. Ltd. to jointly develop next-generation defence drones and unmanned systems. Micron Instruments is an Indian manufacturer of precision fuzes, defence ammunition systems and critical military components. Focus on indigenous systems Under the agreement, the two companies […]

CW Bureau · Jul 4, 2026

MANUFACTURING Unimech Aerospace Signs Long-Term Supply Contract With Austria’s FACC

Unimech Aerospace and Manufacturing Ltd has signed a long-term supply agreement with FACC Operations GmbH, Austria, one of the world’s leading aerospace Tier-1 suppliers and a strategic partner to major global aerospace OEMs. The agreement covers the manufacture and supply of precision-engineered aerospace components and flying parts. It was awarded to Unimech following a competitive […]

CW Bureau · Jun 30, 2026