News

Salvagnini and BLM GROUP Announce a Commercial Partnership Agreement

Salvagnini and BLM GROUP are pleased to announce a commercial partnership for the European market. Founded on mutual respect, this agreement represents a strategic alignment between two organizations with strong manufacturing heritage, international presence, and a relentless commitment to innovation and long-term strategic vision.

UNITED MACHINING SOLUTIONS at JIMTOF 2026

UNITED MACHINING SOLUTIONS participated in JIMTOF 2026, one of the world's leading machine tool exhibitions, reaffirming its strong commitment to the Japanese market and the broader Asian manufacturing industry.

Sagar Defence to Unveil Indigenous Autonomous Marine Vehicle at Swavlamban 2026

Sagar Defence Engineering Ltd (SDE) is set to unveil its indigenously developed Autonomous Unmanned Marine Surface Vehicle at the Indian Navy’s Swavlamban 2026, scheduled for October 26–27, 2026, at the Manekshaw Centre, New Delhi.

JSW Greentech Scales Commercial EV Development with Siemens Xcelerator

Siemens announced that JSW Greentech Ltd has selected Siemens Xcelerator software to establish an integrated digital foundation for the development of commercial electric vehicles. The initiative will support JSW Greentech as it builds capabilities for electric buses, trucks, and other sustainable mobility solutions under the brand AMPSTAR through its R&D center in Pune and its state-of-the-art greenfield manufacturing facility in Chhatrapati Sambhajinagar, India.

Coratia Technologies Raises INR 18 Crore Bridge Round Led by MGF Kavachh

Coratia Technologies, an Indian deep-tech company developing advanced underwater robotic systems, has raised INR 18 crore in a bridge round led by MGF Kavachh. The follow-on investment by MGF Kavachh reflects confidence in Coratia’s technology and growth potential.

Balu Forge Ramps Up Artillery Shell Dispatches, Secures Global Orders

Balu Forge Industries Ltd, a leading force in heavy engineering and precision machining has announced a series of execution milestones across defence, aerospace, energy, and heavy mobility. The company has moved previously announced defence orders into dispatch, cleared one of the most demanding artillery components in its portfolio, and added two new international customers & one domestic defence unit after rigorous audits.

Peppermint Robotics Raises INR 100 Crore from pi Ventures and Crane Venture Partners

Peppermint Robotics, a Pune- and Austin-based company developing autonomous cleaning robots, has announced an INR 100 crore (approximately US$10.5 million) Pre-Series B funding round led by pi Ventures and Crane Venture Partners, with participation from Asiana Fund. The investment comprises a combination of primary capital and secondary share transactions.

Seco India Marks 30 years with Expansion of Pune Production Operations

Seco®, a global provider of metal-cutting solutions, has marked 30 years in India and outlined the continued development of its Pune production operations. The milestone reflects the evolution of the Pune operation into an important manufacturing, engineering and R&D hub within the Seco global network, with capabilities that support industrial customers in India and international markets.

IMTMA Showcases India’s Manufacturing Surge and IMTEX 2027 in Tokyo

Global manufacturing dynamics are shifting rapidly, and India is firmly at the center of the next wave of industrial expansion. At JIMTOF 2026 at Tokyo Big Sight, Indian Machine Tool Manufacturers' Association (IMTMA) hosted an exclusive press conference, presenting global stakeholders with a compelling overview of India’s booming machine tool consumption, export trajectory, and vast manufacturing opportunities.

JIMTOF 2026 Opens in Tokyo with Focus on Physical AI

The 33rd Japan International Machine Tool Fair (JIMTOF), organized by Japan Machine Tool Builders’ Association (JMTBA) and Tokyo Big Sight Inc, opened on October 26, in Tokyo Big Sight, attracting 1,134 exhibitors from 22 countries and regions in 4,422 booths. The inauguration was graced by the addresses of Shuji Miyamoto, State Minister of Economy, Trade and Industry; Shigetomo Sakamoto, Chairman, JMTBA; and Hisaaki Terasaki, President & CEO, Tokyo Big Sight Inc.

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