News

Hyderabad, Telangana – The Confederation of Indian Industry (CII) launched a national initiative, ‘CII-ASCEND: Activate Startups in CleanTech to Strategize, Execute, Navigate & Deploy’.

San Sebastián, Spain – Presidents and CEOs of leading companies such as Fastems, GF Machining Solutions, Hermle, Marposs, StarragTornos, Ficep, Schneeberger, Trumpf, WFL Millturn Technologies, Renishaw, Dimeco, Loire Gestamp, Fagor Automation, and Soraluce, among others, together with the Managing Directors of the fifteen European associations that make up CECIMO, are going to meet in the capital of Gipuzkoa.

Pune & New Delhi, India – Astrophel Aerospace, a Pune-based deep-tech space startup, has raised INR 6.84 crore (US$ 800,000) in a pre-seed funding round led by a consortium of individuals and angel venture firms.

Satara, India – Cooper Corporation Pvt Ltd, India’s leading engine, genset, and tractor manufacturer, has announced a landmark strategic partnership with Japan’s Sinfonia Technology, a global leader in advanced energy solutions.

Rochester, US – Gleason Corporation announced that it has acquired 100 percent of the shares of the Intra Group of Companies with its headquarters in Westland, Michigan.

Mumbai, India – PETRONAS Lubricants India Pvt Ltd (PLIPL) and Quaker Houghton have announced a strategic partnership that will strengthen both companies’ commitment and engagement across key industrial sectors across India and Malaysia.

Bengaluru, India – Ace Designers Ltd, a flagship company of the AceMicromatic Group, announced a strategic investment partnership by Kotak Alternate Asset Managers Ltd (Kotak Alts), a part of Kotak Mahindra Group, that focuses on alternate asset management and investment advisory businesses.

Pune, India – Avery Dennison Corporation, a global materials science and digital identification solutions company, has announced the opening of its first radio-frequency identification (RFID) inlays and labels production site in India.

New Delhi, India – Airbus, the aircraft manufacturing giant, has signed a landmark agreement with Mahindra Aerostructures Pvt Ltd, which leads the Mahindra Group’s foray into aerospace manufacturing, for the H130 helicopter fuselage manufacturing.

Chakan, India – Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group and one of the world’s largest aluminum companies, announced the successful delivery of 10,000 aluminum battery enclosures for automotive major Mahindra’s state-of-the-art e-SUVS—BE 6 and XEV 9e—marking a significant development in India’s clean mobility journey.