
UP to Host BrahMos Missile Plant, Boosting Defence Output

Tata AutoComp Expands in Europe with Slovakia Acquisition
Tata AutoComp Systems has entered into a conditional agreement to acquire 100% of IAC Group Slovakia through its UK-based subsidiary, Artifex Interior Systems Limited. The financial terms were not disclosed.The acquisition is part of Tata AutoComp’s broader strategy to strengthen its European presence and deepen ties with global OEMs. It follows the earlier acquisition of Artifex and aligns with the company’s plan to be a leading supplier in the UK and EU markets.Pending regulatory approvals, the acquisition will boost Tata AutoComp’s capabilities in the automotive interiors space, posit..

IndiGo Starts Work on Bengaluru MRO, to Create 1,000+ Jobs
IndiGo has initiated construction of its major Maintenance, Repair, and Overhaul (MRO) facility at Kempegowda International Airport (KIA) in Bengaluru. The airline expects the facility to be operational by early 2028.The new MRO will span 31 acres, significantly larger than IndiGo’s existing MROs in Delhi and Bengaluru. With 12 aircraft bays and capabilities to service both narrow- and wide-body aircraft, this MRO aims to support IndiGo’s goal of becoming a global aviation leader by 2030.IndiGo signed the land allotment MoU with Bangalore International Airport Ltd. (BIAL) in May 2025. The ..

Gujarat AAI Airports Report Rs 818 Cr Loss Over 10 Years
Eight Airports Authority of India (AAI)-operated airports in Gujarat have collectively recorded losses of Rs 818 crore over the past decade, with Rajkot airport accounting for more than half the amount. The losses span from the fiscal year 2015–16 to 2024–25, as per a report from the Union Ministry of Civil Aviation.Rajkot airport posted the highest loss at Rs 418.67 crore, followed by Bhavnagar at Rs 122.08 crore. Porbandar, Bhuj, Diu, Kandla, Keshod, and Deesa also reported significant deficits. Deesa airport is currently non-operational, along with 21 other airports nationwide.Notably, ..