Garuda Construction Subsidiary Signs MoU for ₹1,800 Crore Jeddah Tower Project
Dream City Builders, a wholly owned subsidiary of Garuda Construction and Engineering Ltd, has signed a Memorandum of Understanding with Saudi-based Almasarat Company Limited. The partnership involves the EPC development of a landmark 93-storey twisting tower in Jeddah, estimated to generate potential revenue of ₹1,800 crore over five years.
NALCO Partners With EGA for 0.5 MTPA Aluminium Smelter Expansion in Odisha
National Aluminium Company Limited (NALCO) has signed a Technology Licensing Agreement with Emirates Global Aluminium (EGA) to deploy DX+ Ultra smelting technology. This partnership supports a 0.5 MTPA brownfield expansion at the Anugola smelter in Odisha, aimed at doubling the facility's total capacity.
Tembo Global Industries Signs ₹545 Cr MoU with Lachaussee SA for Ammunition Production
Tembo Global Industries has entered a strategic partnership with Belgium-based Lachaussee SA to establish an advanced ammunition production facility in India. The project, valued at approximately ₹545 crore, marks a major step in the company's diversification into the high-growth defense manufacturing sector.
Jindal Stainless Partners with Japan's JFE Steel for Ferritic Grade Technical Assistance
Jindal Stainless has entered into a Technical Assistance Agreement with JFE Steel Corporation to boost manufacturing capabilities for ferritic stainless steel. The collaboration targets product quality and process efficiency to meet rising demand in automotive and infrastructure sectors.
Oriental Rail Infrastructure Partners with VNICTT for 25-Tonne Axle-Load Bogie Design
Oriental Rail Infrastructure Ltd, through its subsidiary Oriental Foundry Private Limited, has signed a Technology Development Agreement with Russia's VNICTT. The partnership aims to develop high-capacity 25-tonne axle-load bogies and solid-bottom gondola cars for the Indian railway sector.
SK Minerals & Additives Partners with Italy's iPOOL s.r.l. for Flame-Retardant R&D
SK Minerals & Additives Limited has signed a strategic technical and commercial collaboration agreement with Italy-based iPOOL s.r.l. The partnership aims to accelerate research and development in flame-retardant additives and compounds, specifically targeting the electric vehicle and wire and cable sectors.
Garden Reach Shipbuilders Signs Strategic MoUs with DNV and Damen for Advanced Vessels
Garden Reach Shipbuilders & Engineers Ltd has signed two strategic Memorandum of Understandings with global maritime leaders DNV and Damen Technical Cooperation. These agreements focus on enhancing warship design capabilities, integrating AI and green technologies, and constructing advanced dredging vessels for the Indian market.
Mphasis Partners with TechnoPro Holdings to Scale AI Solutions in Japan
Mphasis has entered into a strategic partnership with Japan-based TechnoPro Holdings to introduce its AI-powered enterprise solutions to the Japanese market. This collaboration will leverage Mphasis' proprietary AI platforms to modernize legacy systems and optimize business operations for Japanese enterprises.
Eco Recycling Unveils ERI India Partnership in Tokyo for Circular Resource Recovery
Eco Recycling Limited (Ecoreco) has formally launched 'ERI India' in Tokyo through a strategic partnership with US-based ERI. This collaboration integrates global IT Asset Disposition expertise with Ecoreco’s Indian infrastructure to establish a technology-driven platform for circular resource recovery.