MANUFACTURING
UCAL Targets Tech-Led Growth As Mobility Landscape Evolves
UCAL Ltd is focusing on product diversification, advanced manufacturing, electronics and technology-led engineering solutions to strengthen its position across the global automotive, industrial and manufacturing sectors. The company is leveraging its four decades of engineering expertise, manufacturing capabilities and customer relationships to expand into a technology-driven engineering solutions business. New products drive growth “The future […]
CW Bureau
·
Aug 31, 2026
STARTUP/TECHNOLOGY
CG Power Arm Axiro Semiconductor To Buy Tosil Systems For ₹16.44 Cr
Murugappa group firm CG Power and Industrial Solutions Ltd’s subsidiary Axiro Semiconductor Pvt Ltd will acquire 100% of Tosil Systems Pvt Ltd for a cash consideration of ₹16.44 crore. The acquisition will add Tosil’s semiconductor design and embedded engineering capabilities to CG Power’s existing semiconductor business. Acquisition to strengthen design capabilities Tosil provides silicon design, […]
CW Bureau
·
Aug 17, 2026
MANUFACTURING
Cabinet Approves ₹62,500-Cr 5-Year Mobile Phone Manufacturing Scheme
The Indian Cabinet has approved the Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of ₹62,500 crore, aiming to deepen domestic value addition, strengthen supply chains and position India as a global hub for mobile phone manufacturing and innovation. The five-year scheme, which will run from FY2026-27 to FY2030-31, succeeds the Production Linked Incentive […]
CW Bureau
·
Jul 15, 2026
AUTO
India Nippon Electricals Multi-Year Strategy Focuses On Electronics, EV
India Nippon Electricals Ltd. (INEL) has outlined a multi-year strategy centred on expanding its electronics and electric vehicle (EV) business, strengthening exports and improving operational efficiency. INEL’s strategic roadmap is built around five priorities — strengthening its leadership in core products, accelerating growth in electronics and EV-related technologies, expanding exports and the aftermarket business, improving […]
CW Bureau
·
Jul 9, 2026
STARTUP/TECHNOLOGY
Digilogic Lays Foundation Stone For ₹59.68 Cr New Unit In Hyderabad
Digilogic Systems Ltd, a technology firm, has held the ground-breaking ceremony in Hyderabad for setting up a ₹59.68 crore state-of-the-art manufacturing facility under Project Udaan. Project Udaan reflects the company’s focus on building world-class manufacturing capabilities in India, with the upcoming facility expected to significantly enhance its production infrastructure and operational capacity. Strengthening manufacturing capabilities […]
CW Bureau
·
Apr 13, 2026
MANUFACTURING
Ai+ Smartphone Partners Optiemus To Make 3 Mn Devices In Noida
Ai+ Smartphone has entered into a manufacturing agreement with Optiemus Electronics Ltd (OEL), a subsidiary of Optiemus Infracom Ltd, to produce three million devices, including mobile phones, tablets, IoT products and advanced wearables, at OEL’s facility in Noida. Under the agreement, Ai+ Smartphone and OEL plan to invest about ₹125 crore in India over five […]
CW Bureau
·
Mar 12, 2026
STARTUP/TECHNOLOGY
Centum Focuses On Core Growth, Winds Up Loss-Making Overseas Units
Centum Electronics, a leading electronics system design and manufacturing (ESDM) player serving aerospace, defence, industrial and medical sectors, has announced a series of strategic actions aimed at sharpening its focus on high-growth, high-reliability electronics while strengthening its financial foundation. As part of an ongoing portfolio optimisation exercise, the company is streamlining its global footprint by […]
CW Bureau
·
Feb 15, 2026
RETAIL/FMCG
V-Guard PAT Drops 5.2% on Labour Code Impact, Revenue Up
V-Guard Industries Ltd, a leading player in India’s consumer electricals and electronics space, reported a 10.6% year-on-year growth in consolidated revenue for the third quarter of FY 2025–26, even as profitability came under pressure due to a one-time labour code-related charge. Financial Performance Snapshot (Q3 FY26) Revenue from operations: ₹1,403.51 crore (vs ₹1,268.65 crore in […]
CW Bureau
·
Jan 28, 2026
