Astra Wins Rs 1.35 Billion Radar Deal From DRDO

07 Aug 2025 CW Team

Astra Microwave Products rose 2.30 per cent to Rs 971 after securing a defence order worth Rs 1.35 billion from the Defence Research and Development Organisation (DRDO) for upgrading a ground-based radar system.

The contract is set to be executed over 18 months. The company confirmed that neither its promoters nor related group entities have any involvement with the awarding organisation, and the transaction does not qualify as a related party deal, thus not requiring an arm’s length assessment.

Astra Microwave specialises in the design, development, and manufacture of high-value RF and microwave super components, subsystems, and systems for defence, space, telecommunications, meteorology, and civil communication sectors.

In its financial results for Q4 FY25, Astra Microwave reported a consolidated net profit of Rs 734.9 million, marking a 35.1 per cent increase over the same quarter last year. Revenue from operations rose 15.2 per cent year-on-year to Rs 4.08 billion.

Infrastructure Urban

30 Aug 2025

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..