Yuma raises $35M to expand battery swapping network in India September 11, 2026 The Bangalore-based company plans to continue strengthening the infrastructure and technology platform that delivers safe, reliable and high-uptime energy solutions for a growing customer base of riders, fleet operators and OEM partners.
Juniper signs Power Purchase Agreement for 50 MW project September 10, 2026 India’s Juniper Green Energy Limited, through its subsidiary Juniper Nirjara Energy Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with SJVN Limited. With this addition, Juniper’s portfolio stands at 11,216 MWp of renewable energy capacity.
HCLTech launches semiconductor lab with $19M investment September 09, 2026 The Advanced Semiconductor Lab in Bengaluru provides a unified platform for electrical validation, automated testing, qualification and failure analysis, streamlining the journey from design specifications to finished semiconductor parts.
Indian space tech startup InspeCity raises $11 million September 08, 2026 Over the next 12-18 months, the company plans to execute four in-orbit missions across the RIG-X, VEDA-X and SAMA-X mission roadmap, progressively validating its propulsion, sensing, autonomous operations, robotics, docking and refuelling capabilities in space.
Indian EV charging startup Leanwatts raises $2 million September 07, 2026 Leanwatts initially focused on EV charging and offers portable and onboard chargers with power ratings from 500W to 6.6kW. The company plans to expand into areas like public charging solutions, rectifiers, power modules, hybrid inverters and power-conversion systems.
Zollner, Avalon establish JV for electronics manufacturing in India September 04, 2026 The joint venture will manufacture printed circuit board assemblies and system integration products in India. Initially, the focus will be on supplying the Indian operations of existing customers
Syrma SGS and Elemaster inaugurate joint venture facility in Bengaluru September 04, 2026 Indian EMS provider Syrma SGS Technology and Italian EMS provider Elemaster have inaugurated a new high-reliability electronics manufacturing facility in Bengaluru, India, through their joint venture Syrma SGS Elemaster. The 20,000 square-foot facility is located in the Bommasandra Industrial Area.
PEI-Genesis opens connector assembly facility in Pune, India September 03, 2026 US interconnect solutions provider PEI-Genesis has opened a new production facility in Pune, India, its sixth globally and second in the Asia-Pacific region. The facility commenced operations on July 1, 2026, and has already shipped its first customer order.
Indian firm Kepler raises $8 million to build swarm satellites September 03, 2026 Indian space tech company Kepler Aerospace is focused on enabling reliable, secure and scalable space missions across strategic, defence and commercial applications, with a focus on persistent, low-latency intelligence from space.
Indian deep-tech startup Zenergize raises $4 million September 02, 2026 The funding will be deployed towards expanding manufacturing capacity, strengthening engineering, growing its nationwide service network and sales footprint, accelerating R&D and building operational capabilities to serve large enterprise and OEM customers.
GigaDevice boosts market reach in EMEA and Southeast Asia with Rutronik September 01, 2026 Chinese semiconductor manufacturer GigaDevice has signed a strategic franchise partnership with German distributor Rutronik Elektronische Bauelemente, covering EMEA and Southeast Asia, including India. The agreement gives customers broader access to GigaDevice's microcontroller, sensor and power management portfolio.
Mahindra wins Airbus contract to manufacture A320 fuselage skins September 01, 2026 Mahindra Aerostructures will manufacture fuselage skins for Sections 18 and 19, covering the rear fuselage and tail sections of the Airbus A320neo and A321XLR aircraft. The components will be manufactured at Mahindra Aerostructures’ facility in Bengaluru.
US startup Discovered Materials closes $9 million seed round August 31, 2026 The funding is expected to advance the San Francisco-based company’s aim to make new materials discovery to keep pace with AI’s demand for compute.
Indichem inaugurates semiconductor materials plant in Gongju August 31, 2026 The facility makes ultra-high-purity chemicals that go into the semiconductor supply chain. Indichem is a Korean step-down subsidiary of Acutaas Chemicals Limited, an Indian manufacturer of specialty chemicals and pharmaceutical intermediates.
Report: India plans $1.4 billion scheme for battery cell components August 28, 2026 The move is aimed at bolstering energy security through a local battery supply chain. The proposed incentives cover anode and cathode active materials, electrolytes, separator film and copper foil, Bloomberg reports.
L&T’s renewables arm wins ‘major’ BESS order in Middle East August 27, 2026 In addition to the storage facilities, the scope of the packages involves grid interconnections, including pooling substations and underground cables. The three projects will collectively contribute to 6 gigawatt-hour of storage capacity.
ICEYE to broaden engagement with India’s defense ecosystem August 26, 2026 The Finnish company has announced the formal establishment of ICEYE India, operating from New Delhi. ICEYE India’s immediate priority is supporting India’s defense and intelligence customers to access advanced intelligence capabilities and solutions.
Infineon acquires Bangalore-based C2i Semiconductors August 24, 2026 Infineon Technologies has announced the acquisition of C2i Semiconductors, a Bangalore-based company specialising in software-defined multiphase controllers and smart power stages for AI data centre applications. The transaction is expected to close in Q3 2026.
TVS SCS, Sankyu to advance supply chain, engineering services August 24, 2026 The collaboration will initially focus on opportunities in India, where both companies see significant potential to support manufacturing and industrial customers through a broader range of supply chain and engineering services.
BEL collaborates with Ananth on advanced electronic systems August 21, 2026 The partnership will focus on indigenous design and development, system engineering, electronics manufacturing, integration, testing and production for current and future programmes of strategic importance.
Micron unveils $10 billion AI memory research lab in Boise August 21, 2026 Micron Research Labs will center on a flagship Boise campus designed to support advanced research across critical technology domains. Key research areas include critical memory technologies, advanced memory and compute architectures, packaging and future semiconductor manufacturing.
Jubilant Ingrevia to acquire 40% stake in Zettaone August 20, 2026 Zettaone is an Indian electronics design and manufacturing platform with integrated capabilities in the electronics/semicon industry. It delivers engineering solutions for aerospace, defence, semiconductor, automotive, medical and industrial applications.
Samsung to invest $158M in new HVAC production line in Korea August 20, 2026 The 21,500 sqm HVAC production line in Gwangju, Korea is scheduled to begin operations upon completion by 2028. It will manufacture HVAC products from FläktGroup, which was acquired by Samsung Electronics last year.
Skyhop plans to introduce Noemi aircraft into Indian market August 19, 2026 Under the MoU, SkyHop and Noemi will evaluate the technical, operational, commercial and regulatory requirements for introducing Noemi’s seaplanes into SkyHop’s future fleet. SkyHop plans to introduce up to 10 Noemi amphibious aircraft by FY2030.
Nelco partners with Elveo on next-gen D2D, IoT connectivity August 18, 2026 Under the agreement, Nelco will bring reliable, next-generation connectivity and compute solutions directly from Elveo’s satellites in space to varied sectors, including automotive, maritime, energy and government in India and South Asian markets.
Reliance, Rolls-Royce to advance India's combat aircraft program August 17, 2026 As part of the partnership, Reliance and Rolls-Royce will explore the formation of a dedicated Aerospace Gas Turbine Complex that will be a centre of excellence for power and propulsion technology in India.
Waaree secures $17 million order for medium voltage skids August 14, 2026 The 8.3 MVA MV skid is a plug-and-play, containerised solution developed by Waaree Transpower specifically for BESS applications. The complete solution is integrated within a 20-foot container, enabling efficient transportation, installation and deployment.
Lohia partners with Massivit, to invest up to $10M in manufacturing unit August 12, 2026 The investment will support an ongoing expansion of the company’s manufacturing infrastructure in Kanpur in the northern Indian state of Uttar Pradesh, where a new 250,000-square-foot facility is being developed alongside its existing 80,000-square-foot plant.
India’s CESC unit to buy solar portfolio from ReNew for $510M August 11, 2026 The transaction marks a shift in the composition of Purvah’s portfolio — from a platform built primarily on projects under development to one anchored by assets already generating contracted cash flows.
Indian space technology startup GalaxEye acquires StarOps August 10, 2026 The integration adds a strong portfolio of indigenous spacecraft technologies and engineering know-how to GalaxEye. These include qualified satellite bus platforms across the 50 kg, 150 kg and 250 kg classes, proprietary subsystem technologies, qualification heritage, testing infrastructure and engineering tools.
Rashi Peripherals announces JV with Japan’s Restar August 07, 2026 Rashi will transfer its semiconductor business division into a wholly owned subsidiary headquartered in Bengaluru and step-down subsidiary headquartered in Singapore. Restar Corporation will subsequently acquire a 26% equity stake in the subsidiary.
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.