MANUFACTURING Balu Forge Moves Defence Orders To Dispatch, Gets Aerospace Approvals

Balu Forge Industries Ltd, a precision engineering and heavy machining company, has reported a series of execution milestones across defence, aerospace, oil and gas and heavy mobility, signalling progress in its efforts to expand into high-value manufacturing segments and international markets. The company has moved previously announced defence orders into dispatch, secured quality approval for […]

CW Bureau · Nov 2, 2026

MANUFACTURING Prime Ind Entity Linga Agri Fundraise At ₹330 Cr Pre-Money Valuation

Linga Agri Trading and Machinery Private Ltd, an agricultural and industrial manufacturing company in which Prime Industries Ltd holds a majority stake, has completed the first tranche of its fundraise at a pre-money valuation of ₹330 crore The company reported a sharp rise in revenue to ₹84 crore in FY26 from ₹19 crore in FY25 […]

CW Bureau · Oct 18, 2026

STARTUP/TECHNOLOGY Axiscades Tech Arm To Acquire US Manufacturing Assets For $7 Mn

Axiscades Technologies Ltd, an engineering and technology solutions provider, has approved in principle a proposed $7-million acquisition of substantially all business assets of US-based ITSJ Group Inc. The acquisition will be undertaken by XIDA Inc., a step-down subsidiary of Axiscades incorporated in Delaware. The transaction aims to strengthen XIDA’s manufacturing capabilities for semiconductor equipment and […]

CW Bureau · Oct 15, 2026

MANUFACTURING Sigma And Munitions India Signs Pact For Indigenous Artillery Fuzes

Sigma Advanced Systems Ltd, a defence technology and precision engineering company, has signed an exclusive memorandum of understanding (MoU) with Munitions India Ltd (MIL) for the integration, indigenous manufacturing and supply of 155 mm artillery course correction fuzes (CCF). The agreement covers associated components, subsystems and technologies. The collaboration aims to strengthen India’s indigenous capabilities […]

CW Bureau · Oct 14, 2026

MANUFACTURING Bharat Forge Wins Long-Term Pratt & Whitney Canada Aerospace Contract

Bharat Forge Ltd (BFL), a global player in advanced forging and precision engineering, has secured a long-term contract from Pratt & Whitney Canada to supply mission-critical aerospace engine components. The components will be manufactured at Bharat Forge’s aerospace facility in India, which has been developed specifically for producing high-performance, high-value aero-engine products. Aerospace manufacturing capability […]

CW Bureau · Oct 5, 2026

MANUFACTURING Axiscades Acquires Majority Stake In Cloud Wave At ₹260-Cr Valuation

Axiscades Technologies Ltd has approved the acquisition of a majority stake in Bengaluru-based precision engineering and manufacturing company Cloud Wave Technologies Pvt Ltd at an enterprise valuation of approximately ₹260 crore. The transaction is aimed at accelerating Axiscades’ expansion in aerospace manufacturing by adding operational precision-manufacturing capabilities to its existing product-based aerospace, defence and electronics […]

CW Bureau · Aug 30, 2026

MANUFACTURING Sigma Advanced Systems Secures Further ₹1,600-Cr Rolls-Royce Order

Sigma Advanced Systems has secured a long-term contract worth nearly £125 million (approximately ₹1,600 crore) from Rolls-Royce through its recently acquired UK subsidiary, Bromford Precision Solutions, strengthening its position in the global aerospace supply chain. The agreement comes shortly after Sigma secured a separate £300 million (approximately ₹3,800 crore) long-term agreement with Rolls-Royce. Together, the […]

CW Bureau · Aug 25, 2026

MANUFACTURING Sigma Advanced Systems Acquires UK’s Bromford Precision For ₹153 Cr

Sigma Advanced Systems Ltd has announced the acquisition of 100% equity share capital of UK-based Bromford Precision Solutions Ltd in a deal valued at approximately ₹153 crore (GBP 11.89 million), marking a significant step in its strategy to build a globally integrated aerospace precision manufacturing platform. The transaction, which is expected to close by the […]

CW Bureau · Jul 14, 2026

STARTUP/TECHNOLOGY SETL Bets Big On AI Datacentre Boom With Acquisition Of GScale Energy

Standard Engineering Technology Ltd (SETL) is making a decisive push into India’s fast-growing AI datacentre infrastructure market by acquiring a majority stake in GScale Energy Pvt Ltd, aiming to localise the manufacturing of critical power and cooling equipment that is currently largely imported. The precision engineering company has announced the acquisition of up to a […]

CW Bureau · Jun 29, 2026

INFRASTRUCTURE SETL Acquires 51% Stake In GScale Energy, Commits ₹500 Cr For Growth

Standard Engineering Technology Ltd (SETL), a precision and multi-disciplinary engineering company, has announced the acquisition of a majority stake in GScale Energy Pvt Ltd, marking its entry into the rapidly growing AI data centre infrastructure segment. The company proposes to acquire up to 51% shareholding in GScale Energy through a combination of primary capital infusion […]

CW Bureau · Jun 25, 2026

MANUFACTURING Raymond Starts Second Century With Demerger-Led Transformation

Raymond Ltd, has entered its second century with a transformed corporate structure following the demerger of its three independently listed entities as Lifestyle, Real Estate and Engineering businesses. It is a move that the flagship company of the Raymond Group describes it as the most consequential strategic decision in its recent history. The restructuring is […]

CW Bureau · Jun 23, 2026

MANUFACTURING Raymond Lines Up ₹930-Cr Capex In Aerospace, Precision Engg Verticals

Raymond Ltd plans to invest around ₹930 crore over the next five years across its core business — aerospace and precision engineering businesses to capitalise on rising global demand and expand manufacturing capabilities. The investments will be routed through its subsidiaries — JK Maini Global Aerospace Ltd and JK Maini Precision Technology Ltd — with […]

CW Bureau · May 13, 2026