Indofast partners with Zeon to expand battery-swapping in South India August 06, 2026 Under the collaboration, Indofast Energy will deploy its Quick Interchange Stations (QIS) at Zeon’s charging sites spanning premium malls, metro parking areas, and commercial hubs across Bengaluru, Hyderabad, Chennai, and other key markets.
EIM, HPCL to advance charging, battery swapping in India July 28, 2026 Under the agreement, Energy In Motion (EIM) will deploy charging and battery swapping infrastructure at Hindustan Petroleum Corporation Limited (HPCL) retail outlets across India in a phased rollout.
Garuda, Micron Instruments to co-develop defence drones July 06, 2026 The two Indian companies will leverage their combined expertise in advanced manufacturing, defence engineering and innovation to build next-gen indigenous defence solutions, including loitering munitions, payload-enabled UAVs and advanced unmanned systems.
MELSS, Valtech form JV to boost semiconductor supply chain April 29, 2026 By combining Indian company MELSS’s manufacturing expertise with Valtech’s global strengths, the joint venture is positioned to deliver high-performance solutions that meet the evolving needs of next-generation electronics.
Indian supply chain firm Val-Met secures $21 million April 16, 2026 Val-Met Engineering is focused on aerospace, defence and space-grade raw materials. It plans to utilise the funding to boost its sourcing network, expand inventory capabilities, and enhance technological and processing infrastructure.
Ashok Leyland breaks ground on battery facility in Tamil Nadu March 25, 2026 The project would incur an investment of INR 4–5 billion (about USD 42 million–USD 53 million) and is part of investments from the Hinduja Group as per an earlier MOU signed in September 2025.
KLA Corporation opens $33 million R&D facility in India January 08, 2026 The R&D and innovation centre in Chennai will expand the US company’s regional AI and software development capabilities and boost collaboration and innovation across R&D, engineering and product support functions.
Mahindra inaugurates 180 kW ultra-fast charging network in India December 15, 2025 The Indian company has already inaugurated the first two Charge_IN stations in Hoskote on NH 75, Bengaluru – Chennai highway and Murthal on NH44, about 50 km from Delhi. Both the charging stations comprise two ultra-fast chargers capable of charging 4 EVs at once.
Indian startup Agnikul Cosmos raises $17 million December 04, 2025 The Chennai-based company will use the funding to scale production units of aerospace and rocket components and boost its stage-recovery programme. Some of the funds will be used to develop Agnikul’s upcoming integrated space campus in Tamil Nadu.
Zuppa partners with Eighth Dimension to advance swarm drone tech November 18, 2025 The collaboration aims to develop next-generation AI-based teaming algorithms for swarm drones, along with real-time, context-based object recognition and identification capabilities across Zuppa’s existing UAV offerings.
SiCSem starts work on $220M chip production plant in India November 03, 2025 Chennai-based SicSem is partnering with British firm Clas-SiC Wafer Fab Ltd to set up the silicon carbide (SiC) facility in Odisha. The plant is expected to create 5,000 direct and indirect jobs in the region.
TASE completes acquisition of US firm Joined Alloys for $12M October 16, 2025 TASE Global has a factory in Tamil Nadu and is also working on a brownfield expansion with an investment of USD 17 million. The company specializes in precision manufacturing of components and providing solutions for aerospace, medical and industrial applications.
VyomIC raises $1.6 million to develop LEO-PNT constellation September 25, 2025 The funds will be used by the Indian startup to advance the development of its LEO-based PNT (Positioning, Navigation, and Timing) payload, support its spaceborne demonstration mission, and increase team hiring and business development efforts.
Inbound raises $1 million to develop autonomous re-entry spacecraft August 21, 2025 Indian space-tech startup Inbound Aerospace will use the funds to accelerate development of its first re-entry spacecraft, validate core sub-systems, and achieve critical design review milestones.
Indian drone startup Zuppa raises $1.5M in bridge round August 05, 2025 The company’s offerings include EDGE and NavGati, two System On Modules (SOMs) that power various applications, from IoT and connected mobility to drones and 5th Generation defence systems.
Indian robotics startup Unibose raises $640K to scale up operations July 17, 2025 Unibose enables industries to access life-saving automation in sectors such as oil and gas, chemicals, fertilisers and heavy industries. The latest capital infusion follows the USD 290,000 raised by the Chennai-based startup earlier.
Mindgrove partners with Bosch to enhance chip design solutions June 26, 2025 Indian fabless firm Mindgrove will provide Bosch with chips and boards for field deployment and testing, supported with engineering and logistics assistance. Data generated from these deployments will be used for improvements.
InCore unveils SoC generator: from idea to FPGA validation in minutes June 17, 2025 At the heart of this innovation is Indian fabless semiconductor startup InCore’s SoC Generator, a powerful automation platform built to radically simplify and accelerate SoC development.
India’s Zuppa secures $585K to scale its mini drone platform May 27, 2025 The investment, which aims to support the company’s expansion plans and accelerate the deployment of its Ajeet Series drone tech, is part of a larger bridge round of USD 1.1 million that Zuppa plans to close soon.
Techno Electric unveils $1 billion data centre plan in India May 07, 2025 The Indian company plans to set up hyperscale and edge data centres with a cumulative capacity of 250 MW spread across the country. Techno is partnering with RailTel Corporation to build edge data centres in 102 cities.
Adani could spend $10B on data centre expansion in India April 24, 2025 The data centres could be located in Andhra Pradesh, Maharashtra, Gujarat and Tamil Nadu and potential sites have been identified, with discussions already underway with landowners, according to a Bloomberg report.
Sify opens AI-ready data centre campus in Chennai April 23, 2025 The facility will serve as a critical enabler for AI workloads and digital-first enterprises, providing scalable infrastructure and high-performance computing capabilities.
Indian drone startup Garuda Aerospace raises $11.7 million April 18, 2025 The funds will be used to scale up the company’s current production facility and fast track the completion of an R&D and testing hub dedicated to advanced defense drone design.
Zetwerk inaugurates manufacturing facility in Tamil Nadu, mulls IPO March 18, 2025 The electronics manufacturing plant will produce components for sectors like consumer durables and IT hardware. The Indian company raised USD 90 million at a valuation of USD 3.1 billion last year.
Montra opens electric small vehicles facility in Chennai March 17, 2025 Spread across around 500,000 square feet, the plant in Tamil Nadu has an annual production capacity of 50,000 vehicles, catering to the small and light commercial vehicle (SCV/LCV) segments.
Vikram Solar to set up 1 GWh solid-state battery plant in Chennai March 07, 2025 The Indian company plans to set up a 1 GWh fully integrated solid-state cell and battery manufacturing facility, with proprietary battery management system (BMS) tech, which can be scaled up to 5 GWh.
VCI, Kinesis to build semiconductor wire plant in Chennai February 28, 2025 The 25,000-square-foot facility will focus on producing semiconductor bonding wires, a crucial component in chip manufacturing.
Yuma Energy acquires Grinntech to boost battery solutions February 21, 2025 Integrating Grinntech’s expertise in battery technologies, R&D and manufacturing will enable Yuma Energy to build a vertically integrated BaaS ecosystem, Yuma said.
Murata inks deal to lease factory in India February 20, 2025 Murata Electronics (India), a subsidiary of Murata Manufacturing, has signed an agreement to lease a factory in Tamil Nadu, India.
Taiwanese MSI teams up with Syrma SGS to make laptops in India January 14, 2025 Indian EMS provider Syrma SGS is teaming up with Taiwanese technology company MSI to produce laptops for the Indian market.
Mindgrove Technologies raises $8M in Series A funding December 23, 2024 The Chennai-based company plans to use the investment to expand its workforce and enhance in-house engineering capabilities. The investment will also accelerate production and sales of its first chip.
Tivolt partners with Tata Power to boost EV charging December 16, 2024 This partnership aims to build a robust EV charging ecosystem by leveraging Tata Power’s expertise in EV charging solutions with Tivolt’s network of small electric commercial vehicles across India.