MANUFACTURING NIBE Group Bets Big On Indigenous Defence Systems With Shirdi Plant

India’s push towards defence self-reliance received a major boost with the inauguration of NIBE Group’s Defence Manufacturing Complex in Shirdi, Maharashtra, by Defence Minister Rajnath Singh and Maharashtra Chief Minister Devendra Fadnavis. The new facility will focus on manufacturing advanced artillery systems, missile and space technologies, rocket systems, energetic materials and autonomous defence platforms, strengthening […]

CW Bureau · May 23, 2026

MANUFACTURING Lava Deepens Localisation Push With New Noida Mobile Component Unit

Lava International, leading mobile manufacturing brand, has inaugurated a new component and charger manufacturing unit at its Noida facility, stepping up its localisation strategy as India’s electronics manufacturing ecosystem moves beyond simple assembly towards deeper value addition. The expansion comes at a time when the Indian government is aggressively pushing domestic electronics production under the […]

CW Bureau · May 21, 2026

ECONOMY India Targets Exports Of $2-Trillion Over Next Five Years: Piyush Goyal

India has set a target of achieving exports worth $1 trillion this year and scaling it up to $2 trillion over the next five years, which would be the true hallmark of an Atmanirbhar Bharat, said Union Commerce and Industry Minister Piyush Goyal. Addressing the website launch ceremony of Bharatiya Vyapar Mahotsav, Goyal said India’s […]

CW Bureau · May 18, 2026

GENERAL National Test House Ghaziabad To House Advanced Shoe Testing Lab

National Test House, Northern Region, Ghaziabad has established a state-of-the-art shoe testing laboratory to provide comprehensive and high-precision footwear testing services for MSMEs, manufacturers, exporters, consumers and regulatory authorities across the country. The organisation said the facility marks an important step towards strengthening India’s quality assurance infrastructure for the rapidly growing footwear sector and enhancing […]

CW Bureau · May 17, 2026

STARTUP/TECHNOLOGY Mekr Technologies Raises ₹67 Cr In Series A Round Led By Avaana Capital

Mekr Technologies has raised ₹67 crore in its Series A funding round led by Avaana Capital as the company looks to strengthen its integrated appliance design and manufacturing platform. Founded in 2022 by Anand Yadav and Gaurang Kuchhal, Mekr operates as a full-stack design and manufacturing company focused on India’s consumer appliance ecosystem. The company […]

CW Bureau · May 15, 2026

GENERAL Sunil Mittal Calls For Bigger India Bets After Receiving CII Lifetime Award

Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, has been conferred with the CII President’s Award for Lifetime Achievement in recognition of his contribution to India’s economic growth, entrepreneurship and nation-building. Accepting the honour, Mittal said the recognition held special significance due to his long association with the Confederation of Indian Industry (CII), where […]

CW Bureau · May 11, 2026

MANUFACTURING Mahindra & Mahindra Patents Grow 20-Fold Over A Decade To 1,334

Mahindra & Mahindra Ltd (M&M), a leading automotive and farm equipment manufacturer and part of the Mahindra Group, reaffirmed its focus on R&D and the ‘Make in India’ initiative, has reported a 20-fold increase in patents granted over the past decade, rising from 56 in FY16 to 1,334 in FY26. The cumulative number of patent […]

CW Bureau · Apr 23, 2026

GENERAL Vande Bharat Express Sees 34% Growth In FY26 Passenger Traffic

Indian Railways has recorded a sharp surge in passenger patronage on the Vande Bharat Express network, with around 3.98 crore passengers travelling in FY26, marking a 34% growth over the previous year. This increase reflects the rising preference for fast, comfortable and modern rail travel across the country, with the Vande Bharat network serving over […]

CW Bureau · Apr 11, 2026

MANUFACTURING From Steel Plants To Warship: SAIL’s Role In INS Taragiri Commissioning

Steel Authority of India Ltd (SAIL), a Maharatna Central Public Sector Enterprise, has played a key role in the commissioning of INS Taragiri, the fourth ship of the Nilgiri-class (Project 17A) stealth frigates. The warship was inducted into the Indian Navy on April 3, 2026, marking a significant step in strengthening India’s maritime defence architecture. […]

CW Bureau · Apr 5, 2026

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 · Mar 12, 2026