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
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Apr 17, 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
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Apr 9, 2026
MANUFACTURING
Midhani FY26 Sales Touch ₹1,206 Cr Amid Supply Chain Disruptions
Public sector enterprise Mishra Dhatu Nigam Ltd (Midhani) posted 12% increase in its sales revenue for the year ended 2026 at ₹1,206 crore (provisional and unaudited), over the year ago period, despite supply chain disruptions. Last fiscal, the Hyderabad-based firm Midhani reported sales of ₹1,074 crore. The company said it achieved the highest ever sales […]
CW Bureau
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Apr 1, 2026
MANUFACTURING
Sigma Advanced Systems Bags ₹100-Cr Defence Orders From MoD, PSUs
Hyderabad-based aero-engine and aerostructure components manufacturer Sigma Advanced Systems Ltd., has secured fresh defence orders worth about ₹100 crore from the Ministry of Defence and associated defence public sector undertakings (PSUs). The contracts are linked to ongoing strategic programmes spanning missile systems, naval platforms and airborne applications. Under these orders, the company will supply built-to-spec […]
CW Bureau
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Feb 24, 2026