News

New Delhi/Bangalore, India – Dassault Systèmes announced a collaboration with BluMotiv, a deep-tech mobility company pioneering smart, scalable, and sustainable electrified transport.

Coimbatore, India – Elgi Equipments, one of the world’s leading air-compressor manufacturers with over 64 years of compressed air excellence, in a significant leap forward for industrial air compression, announced the introduction of its pioneering compressed air stabilization technology.

Eislingen, Germany – Fair Friend Group (FFG)—a global provider of innovative turnkey solutions—subsidiary MAG IAS GmbH (MAG) has secured a significant contract to deliver a highly automated production line for forged railway wheels to Ramkrishna Titagarh Rail Wheels Ltd (RKTR) in India.

Bengaluru, India – WALTER, a renowned German CNC machine manufacturer, with the new ‘Automated Tool Production (ATP)’ system, now offers an automation solution for cylindrical precision tools.

Coimbatore, India – Elgi Equipments, one of the world’s leading air-compressor manufacturers with over 64 years of compressed air excellence, in a significant leap forward for industrial air compression, announced the introduction of its pioneering compressed air stabilization technology.

New Delhi, India – ThinkMetal, a DeepTech startup revolutionizing metal part manufacturing with its cutting-edge metal additive manufacturing technology (also referred to as MFAM, short for Metal Fused Additive Manufacturing), has raised US$ 800,000 (INR 6.7 crore) in a pre-Series A funding round.

Gurugram, India – Mitsubishi Electric Corporation announced that its wholly owned subsidiary, Mitsubishi Electric India Pvt Ltd, will acquire a stake in Indian software startup Gervigreind Data Science Pvt Ltd (doing business as ‘Itanta Analytics’) to jointly develop and sell no-code data-analysis and report-generation applications.

Rolls-Royce Holdings PLC, a well-known multinational aerospace and defence company, has recently announced plans to double its sourcing from India over the next five years, strengthening its supply chain and deepening its presence in the country’s manufacturing and defence sectors. 

Bengaluru, India – Scandron Pvt Ltd, a Bengaluru-based startup, recently unveiled the CargoMax 20KHC, India’s most powerful cargo drone with a 200 kg payload capacity. The CargoMax 20KHC is designed to provide the Indian Armed Forces with a stable, robust, reliable aerial logistics platform for last-mile deliveries.

Hyderabad, India – Cyient DLM, an integrated partner for design-led manufacturing, has signed a production contract with Boeing Global Services (BGS) for precision-machined parts and assemblies, marking a key milestone in their partnership.