News

AFM Cluster Marks 80th Anniversary with ‘Fast Movers’ Vision

Under the slogan ‘Fast Movers’, AFM Cluster—Spanish advanced & digital manufacturing group—celebrated its 80th anniversary on October 1, 2026, at Tabakalera in Donostia-San Sebastián, at an event that brought together more than 400 attendees, including representatives of its member companies, institutions, partners, and professionals linked to industry.

SkyPulse Solutions, HAL Plan INR 2,491Cr 30-Helicopter Program

SkyPulse Solutions IFSC Pvt Ltd and Hindustan Aeronautics Ltd (HAL) sign a Memorandum of Understanding (MoU) to establish a strategic framework for the acquisition, financing, leasing, deployment, and lifecycle support of HAL-manufactured helicopters, with the proposed 30-helicopter program estimated at INR 2,491 crore.

Musashi India, Bhago Mobility Sign LOI for 3W e-Axles

Musashi Auto Parts India Pvt Ltd, has signed a Letter of Intent (LOI) with Bhago Mobility Solutions Pvt Ltd for the supply of electric powertrain systems for the fixed-battery variant of its upcoming three-wheeler passenger vehicle platform, Bhago Bhim™, which is being developed in both battery-swap and fixed-battery configurations. The partnership supports both companies’ efforts to contribute to India’s growing EV market.

JCBL Group Receives DRDO ToT for C-130J/C-17 Aircraft Heavy Drop System

JCBL Group has received the Licensing Agreement for Transfer of Technology (LAToT) for the Heavy Drop System - 20T (Type V) for C-130/C-17 aircraft from the Aerial Delivery Research and Development Establishment (ADRDE), Defence Research and Development Organisation (DRDO).

Aimtron’s US Arm AIC Posts Record US$ 11.8M Quarterly Orders

Aimtron Electronics Ltd, an electronics system design and manufacturing (ESDM) and original design manufacturing (ODM) company, announced that its US subsidiary, Aimtron International Controls LLC (AIC), has recorded its highest-ever quarterly order bookings of US$ 11.8 million during the current quarter of the current financial year.

Hughes Precision Raises INR 250+ Cr to Boost Ammunition Capacity

Hughes Precision Manufacturing Pvt Ltd, one of India’s growing private-sector ammunition manufacturers, has completed an investment round of INR 250+ crore through a combination of primary and secondary investment from a group of marquee family offices and ultra-high-net-worth individuals (UHNIs).

LMW’s Turnmill Center Earns India’s Best Design Award 2026

LMW Ltd, a leading manufacturer of advanced CNC machines and engineering solutions, announced that its Turnmill Center LR30MY L17 has been honored with the prestigious India’s Best Design Award 2026. The award was presented at a grand ceremony held in Pune, organized by Design India.

ANSCER Robotics Advances US Expansion with Conditional Approval

ANSCER Robotics, an Indian manufacturer of autonomous mobile robots, has received Conditional Approval for its autonomous robotic platforms under the US framework for foreign-produced advanced robotic devices.

Tungaloy and NTK Cutting Tools Announce Merger

Tungaloy Corporation and NTK Cutting Tools announce that, effective January 1, 2027, NTK Cutting Tools will merge with Tungaloy, marking a new chapter for both organizations. The merger is subject to compliance with applicable legal and regulatory requirements.

IMTMA’s PMTX & FACTEQ 2026 Draw 175+ Exhibitors to Pune

Pune Machine Tool Expo (PMTX) 2026 along with co-located Factory Equipment Expo (FACTEQ) 2026, organized by Indian Machine Tool Manufacturers’ Association (IMTMA), was inaugurated at Pune International Exhibition and Convention Centre (PIECC), Moshi, Pune, in the presence of senior Government officials and industry leaders.

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