OCTOBER 20268TOP STORIESLarsen & Toubro lands major EPC orders worth between Rs 2,500 crore and Rs 5,000 crore for high-profile capital projects in Delhi and Amaravati. These dual mega-orders underscore the growing demand for integrated high-end construction services across India's government-led urban and capital-city developments.L&T's Public Spaces, Airports & Health business vertical secures these wins, highlighting specialized engineering capabilities such as complex MEP systems, advanced structural work, and long-term operations and maintenance as key growth drivers for large EPC players beyond pure civil construction. The announcements reinforce how sophisticated building systems now power competitive advantage in prestige government projects. India is preparing the next phase of its 3D printing strategy to expand industrial use and strengthen domestic manufacturing. Since February 2022, the National Strategy for Additive Manufacturing (NSAM) has trained over 1.54 lakh people, supported 56 start-ups, and helped develop 65 indigenous technologies.The Ministry of Electronics and Information Technology (MeitY) is now conceptualizing NSAM 2.0 to accelerate innovation, boost commercial adoption, and improve India's position in the global additive manufacturing market. The proposed strategy builds on earlier efforts to develop local technologies, skilled workers, and manufacturing capabilities. The waste-to-energy plant sector faces a reminder of the operational risks associated with large-scale waste processing and power generation. Antony Waste Handling Cell targets December 2026 to resume operations at its Pimpri-Chinchwad facility in Maharashtra. The 14-megawatt (MW) plant has remained affected by structural damage following a monsoon-related incident in July, disrupting its electricity generation and waste-processing operations.The company said original equipment manufacturers (OEMs) are working with its project and operations teams to inspect, repair and recommission the affected equipment and systems. The restoration effort highlights the importance Transmission grid tower manufacturing in India is gaining industrial significance as investments in electricity transmission infrastructure create opportunities for engineering, fabrication and equipment suppliers. Kalpataru Projects International Limited (KPIL) has secured new engineering, procurement and construction (EPC) orders worth approximately Rs 2,349 crore.The contracts have taken the company's financial year 2026-27 (FY27) order inflows beyond Rs 22,000 crore. While the announcement covers multiple business segments, its T&D component provides an opportunity to examine the manufacturing capabilities that support power infrastructure development, including steel tower fabrication, galvanizing and quality assurance. Chennai-based auto component maker JM Frictech India Pvt Ltd (JMI) is targeting Rs 1,000 crore in revenue over the next two to three years. The company expects rising hydrostatic demand and growing orders for wet clutch components to drive this growth in India and overseas markets.JMI aims to generate Rs 350 crore of its targeted revenue from exports. It is banking on demand for L&T LANDS 2,500-5,000 CR EPC ORDERS FOR CAPITAL PROJECTSKPIL'S RS 2,349 CR INDIA ORDERS BOOSTS GRID TOWER MANUFACTURINGJM FRICTECH TARGETS RS 1,000 CRORE AS HYDROSTATIC DEMAND RISESNSAM 2.0: CAN INDIA BECOME A GLOBAL 3D PRINTING HUB?ANTONY WASTE'S PIMPRI WASTE-TO-ENERGY PLANT EYES DECEMBER RESTARThydrostatic transmission systems in European markets, where manufacturers are increasingly looking at smaller tractors for agricultural use. Founded in 2008 as a joint venture between India's NTC Engineering and South Korea's Jinmyung Frictech Co. Ltd. (JMFT), JMI manufactures wet friction systems and hydraulic actuation components for tractor and construction equipment makers.The company expects to generate Rs 650 crore in revenue in FY27. It supplies brakes, clutches, and gears to major manufacturers, including Escorts Kubota, Mahindra Tractors, CNH, Caterpillar, and JCB.
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