TIL Launches Defence Unit to Boost Military Equipment Output
DEFENSE

TIL Launches Defence Unit to Boost Military Equipment Output

TIL Limited, a leading Indian manufacturer of material handling and infrastructure equipment, has announced the formation of a new Strategic Business Unit (SBU) named ‘TIL Defence’ to strengthen its growing defence portfolio. The move, approved by the company’s Board of Directors, represents a major strategic step under Gainwell Group’s ownership since January 2024 and marks a milestone in TIL’s 80-year history.

TIL Defence is set to consolidate the company’s long-standing defence manufacturing capabilities, addressing the full spectrum of tri-services needs—land, air, and naval. Since 1987, TIL has developed bespoke military-grade equipment, including critical systems such as AKASH Transporter cum Loader Vehicles for the Air Force and Pinaka Loader cum Replenishment Vehicles for the Army. With prospects worth Rs 20 billion (around USD 240 million) in domestic defence orders over the next five years, the SBU will be central to TIL’s future growth.

The Board has also approved a multi-year expansion strategy focused on production of existing approved systems, co-development of advanced platforms with India’s defence PSUs, and modernisation using cutting-edge technology. The company aims to become a reliable source for both Indian and international defence markets seeking cost-effective and high-performance indigenous solutions.

Mr Alok Kumar Tripathi, President of TIL Limited, emphasised, “TIL Defence formalises nearly four decades of experience in serving India's military logistics and weapon systems infrastructure. Our platforms function in extreme conditions, and with NATO-standard engineering, we are well positioned to contribute to the Atmanirbhar Bharat and Make in India missions.”

Pinaki Niyogy, COO & CTO of TIL and Head of the new SBU, added, “Our portfolio extends beyond core systems to include heavy-duty recovery vehicles, missile and ammunition handling systems, and all-terrain mobile cranes. Through strong aftermarket support to over 200 clients and partnerships with global technology leaders, we ensure comprehensive operational readiness.”

TIL’s new defence-focused direction coincides with a significant financial turnaround. The company posted Rs 3.43 billion (approx. USD 41 million) in revenue for FY25, marking a 398 per cent year-on-year increase and returning to profitability after six years. This improved performance underpins its readiness for increased investment in defence production.

With over 3,000 active machines across India, a vast service network, and a reputation for reliability, TIL Defence aims to deliver not just products but full lifecycle support—from design and manufacture to deployment and sustainment—ensuring India’s armed forces are equipped for mission success.

TIL Limited, a leading Indian manufacturer of material handling and infrastructure equipment, has announced the formation of a new Strategic Business Unit (SBU) named ‘TIL Defence’ to strengthen its growing defence portfolio. The move, approved by the company’s Board of Directors, represents a major strategic step under Gainwell Group’s ownership since January 2024 and marks a milestone in TIL’s 80-year history.TIL Defence is set to consolidate the company’s long-standing defence manufacturing capabilities, addressing the full spectrum of tri-services needs—land, air, and naval. Since 1987, TIL has developed bespoke military-grade equipment, including critical systems such as AKASH Transporter cum Loader Vehicles for the Air Force and Pinaka Loader cum Replenishment Vehicles for the Army. With prospects worth Rs 20 billion (around USD 240 million) in domestic defence orders over the next five years, the SBU will be central to TIL’s future growth.The Board has also approved a multi-year expansion strategy focused on production of existing approved systems, co-development of advanced platforms with India’s defence PSUs, and modernisation using cutting-edge technology. The company aims to become a reliable source for both Indian and international defence markets seeking cost-effective and high-performance indigenous solutions.Mr Alok Kumar Tripathi, President of TIL Limited, emphasised, “TIL Defence formalises nearly four decades of experience in serving India's military logistics and weapon systems infrastructure. Our platforms function in extreme conditions, and with NATO-standard engineering, we are well positioned to contribute to the Atmanirbhar Bharat and Make in India missions.”Pinaki Niyogy, COO & CTO of TIL and Head of the new SBU, added, “Our portfolio extends beyond core systems to include heavy-duty recovery vehicles, missile and ammunition handling systems, and all-terrain mobile cranes. Through strong aftermarket support to over 200 clients and partnerships with global technology leaders, we ensure comprehensive operational readiness.”TIL’s new defence-focused direction coincides with a significant financial turnaround. The company posted Rs 3.43 billion (approx. USD 41 million) in revenue for FY25, marking a 398 per cent year-on-year increase and returning to profitability after six years. This improved performance underpins its readiness for increased investment in defence production.With over 3,000 active machines across India, a vast service network, and a reputation for reliability, TIL Defence aims to deliver not just products but full lifecycle support—from design and manufacture to deployment and sustainment—ensuring India’s armed forces are equipped for mission success.

Next Story
Real Estate

Vikas Jain named President of NAREDCO Maharashtra NextGen

Vikas Jain, CEO of Labdhi Lifestyle, has been appointed President of NAREDCO Maharashtra NextGen, succeeding Ridham Gada, who now serves as Vice-Chairman. Jain, a first-generation developer and turnaround specialist, aims to steer the youth wing of NAREDCO Maharashtra through a finance-driven and tech-enabled growth phase. Under his leadership, the association will prioritise project financing, RERA compliance, technology adoption, and future-ready leadership. “It is an honour to lead NAREDCO Maharashtra NextGen. This platform empowers the next generation of real estate leaders,” Jain sai..

Next Story
Infrastructure Energy

TP Solar Crosses 4 GW Solar Output at Tamil Nadu Plant

TP Solar Limited, a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) and the manufacturing division of Tata Power, has announced a major production milestone—crossing 4 GW of solar module output at its advanced facility in Tamil Nadu.As of 31 May 2025, the plant has cumulatively manufactured 4.049 GW of solar modules and 1.441 GW of solar cells. This milestone underscores the company’s growing role in supporting India’s clean energy transition and self-reliance in renewable energy manufacturing.Looking ahead, TP Solar is targeting 3.7 GW of solar cell output and 3.7..

Next Story
Infrastructure Urban

Aayush Art and Bullion Reports 1000 per cent Rise in FY25 Revenue

Aayush Art and Bullion Ltd (BSE: 540718), formerly AKM Creations Ltd, has announced its audited standalone financial results for H2 and the full financial year ending 31 March 2025, showcasing a sharp surge in both revenue and profitability. The company attributes this stellar performance to robust demand across its key verticals and strategic execution initiatives.For FY25, the company reported revenue of Rs 737.7 million, marking a 1,000 per cent year-on-year increase compared to Rs 73.3 million in FY24. Net profit for FY25 stood at Rs 18.1 million, a jump of 696 per cent over the Rs 2.6 mil..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?