INDUSTRY

JK Cement starts hauling cement on 55-tonne electric trucks in Karnataka

JK Cement has begun moving cement on heavy-duty electric trucks with logistics partner Billion Electric Mobility set to deploy more than 150 during the current financial year

Paras Defence unit signs INR 6,200 crore MoU for a chip-packaging plant in Madhya Pradesh

Paras Semiconductors, a wholly owned unit of the listed defence-engineering firm Paras Defence and Space Technologies, has signed a memorandum of understanding with the Madhya Pradesh government for a proposed INR 6,200 crore, about $644 million, outsourced assembly and test (OSAT) facility on the Indore-Ujjain corridor, the

New venture plans INR 1,250 crore rare-earth magnet plant in Andhra, aimed at India’s China dependence

A new critical-minerals company, N.A.N. MagneTech, says it will invest about INR 1,250 crore to build what it calls India’s first fully integrated high-performance NdFeB rare-earth magnet facility, at Naidupeta in Andhra Pradesh, with commercial production targeted for early 2028. The firm says

Andhra signs UAE food-processing pact, with a INR 100 crore first project in Chittoor

Andhra Pradesh has signed a memorandum of understanding with the UAE Food Cluster to draw Emirati investment into food processing and horticulture exports, with Dubai-based Flour Masters International committing INR 100 crore for the first unit, a food-processing facility at Gangadhara Nellore in Chittoor district. The pact, traced

Hisense enters India’s washing-machine market, starting at INR 11,999

Hisense enters India’s washing-machine market, their 3rd appliance category

Bayer launches cotton insecticide Trance, targeting resistant sucking pests

Bayer has launched an insecticide for cotton that targets sucking pests including aphids, jassids and whitefly nymphs

Galaxy Unpacked 2026

Bizmudra had an exclusive opportunity to attend the #Galaxy Unpacked launch: Images the Samsung Galaxy Z series

TAFE begins making Germany's DEUTZ engines in Alwar, with an eye on exports

TAFE Motors has begun building DEUTZ-licensed diesel engines at its Alwar plant in Rajasthan, its first manufacturing tie-up with the German maker, with capacity for 35,000 engines a year and an eye on exports.

MiPhi, the Micromax-Phison memory venture, says quarterly revenue crossed INR 250 crore

MiPhi Semiconductors, the memory venture between Micromax and Phison, says quarterly revenue topped INR 250 crore, more than double its entire previous year. Billed as the first Indian brand assembling enterprise SSDs at home, it still imports the core chips.

Andhra government puts Rayalaseema irrigation programme at INR 20,884 crore

The Andhra Pradesh government pegs its Rayalaseema irrigation programme at INR 20,884 crore, promising 52 TMC more water across a water-scarce region. The open question: how much of that is actually spent and reaching farms, rather than sanctioned on paper.

Bangalore Watch Company enters 2026 GPHG with a dial it says is made from captured carbon

Bengaluru's Bangalore Watch Company has entered the 2026 Grand Prix d'Horlogerie de Genève with the Peninsula Carbon, a watch built around a dial it says is made from captured atmospheric carbon: a sign of India making, not just buying, premium timepieces.

Natco Pharma Limited

A first look at our conversation with Rajeev Nannapaneni, Vice Chairman and CEO of Natco Pharma, on strategy and the way ahead for the Hyderabad complex-generics and oncology major. Full story to follow.

Bengaluru start-up is designing a home-grown cruise-missile engine

Paninian India, a Bengaluru start-up, has shown off a compact turbofan design intended for a home-grown long-range cruise missile. Private firms rarely enter strategic engine work in India, where the field has stayed mostly with government labs.

MediaTek reaffirms its India smartphone-chip lead as it pushes beyond phones

MediaTek used a New Delhi event to press its case as India's top smartphone-chip supplier, putting its second-quarter 2026 share at 49%, and to signal ambitions in categories beyond the phone.

UNESCO-linked sustainability coalition will open its first South Asia office at Gujarat's GIFT City

GIFT City is set to host the first South Asia base of a UNESCO-linked sustainability coalition, brought in by the non-profit TryfactaEDU Global Foundation: fresh evidence that Gujarat's finance hub is reaching past banking.

Cinépolis and Panorama Studios bet on theatrical

Cinépolis India and Panorama Studios have formed a distribution partnership, pooling the cinema chain's exhibition footprint with the studio's distribution arm for Delhi-UP areas: a wager on theatrical releases as streaming pressure mounts.

Zydex and Germany's Keimfarben bet on a 20-year paint warranty

Zydex Paints has teamed up with Germany's Keimfarben to bring silicate mineral paints to India, backed by a minimum 20-year performance warranty: a bid to carve out a premium niche in a crowded market.