Uravi Defence Acquires Stake in UK’s Spafax to Boost Global Reach

27 Jun 2025 CW Team

Uravi Defence & Technology, one of the leading manufacturer and supplier of incandescent and wedge-based automotive lamps, is pleased to announce the company has plan to acquire 100 per cent equity stake in SPAFAX International, a reputed UK based company through its holding company known for its high-performance Automotive Defence solutions. The proposed investment has been executed through Bharat Technology, a wholly owned subsidiary of Uravi Defence & Technology. Looking ahead, Uravi intends to gradually increase its ownership in SPAFAX through a phased acquisition strategy. The plan involves acquiring majority stake in 2026 and execute acquisition spread in multiple tranches.

Founded in 1938, SPAFAX International has built a long-standing legacy of excellence, pioneering innovation in the design and manufacturing of unbreakable vehicle mirrors, mirror arms, advanced lighting systems, audio warning technologies, specialty lenses, and IP69K-rated wireless explosion-proof camera systems. These solutions cater to a broad spectrum of industries, including Defence armoured and Special purpose vehicles, agriculture, commercial trucks, motorsports, Public Transport services etc.

In FY25, SPAFAX has reported an approximate unaudited Total Revenue of Rs 290 million and PAT of Rs 50 million.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Blue Dart Unveils 10-Minute Digital Account Opening

Blue Dart Express has introduced its new Digital Account Opening (DAO) platform, enabling businesses across India to open shipping accounts and begin operations within just 10 minutes. The platform features a five-step digital onboarding process, allowing companies to register, complete KYC verification, sign agreements, and recharge prepaid cards quickly and securely. Through the DAO Journey, users can create a profile, select a suitable plan, complete Aadhaar-enabled digital signing, and immediately start shipping with a Digital Prepaid Card. All account activities are tracked in real time..