RETAIL/FMCG
LG Electronics India Crosses 1-Mn AC Sales In Q1 2026, To Scale Up Volume
LG Electronics India (LGE India), a leading consumer electronics and appliances company, has sold more than one million air conditioner in the first quarter of 2026, marking its fastest-ever start to a summer season in the country. It is also planning to scale up AC production through its upcoming Sri City plant this year to […]
CW Bureau
·
Apr 2, 2026
MANUFACTURING
Gravita India To Buy 98.95% Stake In Rashtriya Metal Industries For ₹559 Cr
Gravita India Ltd has signed definitive agreements to acquire a 98.95% stake in Gujarat-based Rashtriya Metal Industries Ltd (RMIL) for a total cash consideration of ₹559.08 crore, as part of its strategic initiative to expand its presence and strengthen capabilities. RMIL has established a strong presence in electrical and automotive applications, providing Gravita access to […]
CW Bureau
·
Mar 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
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Mar 12, 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
·
Feb 24, 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
