JSW Defence Signs Rs 8 Bn MoU with Telangana for UAV Plant

28 Jan 2025 CW Team

JSW Defence has entered into an agreement with the Telangana government to establish a facility in the state for the production of Unmanned Aerial Systems. According to a statement by JSW Defence, JSW UAV, a fully owned subsidiary of the company, will invest Rs 8 billion in setting up the unit in Telangana. The investment will be made through a technology collaboration with a prominent US-based defence technology company. The Memorandum of Understanding (MoU) was signed in the presence of Telangana Chief Minister K Chandrashekar Rao and Parth Jindal of JSW Group during the World Economic Forum (WEF) event.

Parth Jindal expressed that the MoU highlights JSW’s strong commitment to contributing to the indigenisation of defence technology in India. Meanwhile, Chief Minister K. Chandrashekar Rao mentioned that Hyderabad and Telangana have long been recognized globally as leaders in software and pharmaceuticals. He added that with a clear vision and consistent efforts, the state is now positioning itself as a leader in manufacturing investments across various sectors, including semiconductors, defence, private space, and FMCG.

JSW Defence, part of the $24 billion JSW Group, has a strategic partnership with Shield AI, Inc., a leading US defence technology company, to indigenize and manufacture Shield AI’s 'V-BAT,' a Group 3 Unmanned Aerial System (UAS). News source: Business Standard

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..