9SEPTEMBER 2026Defense growth ambitions are driving Sigma Advanced Systems to raise its manufacturing capacity and strengthen its international presence.The Hyderabad-based aerospace and defense manufacturer secured the capital as demand for defense and aerospace components continues to rise. Spark Capital led the fundraising and placed Rs 360 crore with 23 family offices and ultra-high-net-worth individuals through its equity capital markets platform. India has moved to strengthen its war machine as Hindustan Aeronautics Limited (HAL) has restarted Su-30MKI production at its Nashik facility.The war machine push comes as the Indian Air Force seeks to address squadron shortages and boost operational readiness. HAL will manufacture 12 Su-30MKI fighter jets under a government-approved order, with deliveries expected by 2029. India's clean power demand is pushing companies toward larger renewable energy investments. ACME Solar is now planning a major expansion.The company plans to invest up to INR 20,000 crore in capital expenditure. Chief Executive Officer Nikhil Dhingra said the company will invest INR 15,000­20,000 crore. ONGC project gains momentum as Larsen & Toubro secures offshore orders worth Rs 5,000­10,000 crore. This ONGC project strengthens India's offshore engineering capabilities while accelerating ageing hydrocarbon infrastructure.L&T will deploy advanced offshore engineering expertise to manage large-scale offshore projects that demand precision installation and execution in deepwater conditions. SIGMA GEARS UP FOR DEFENSE GROWTH WITH RS 460 CRORE PUSHINDIA REBOOTS WAR MACHINE AS HAL REVIVES SU-30MKI PRODUCTIONACME SOLAR BETS INR 20,000 CRORE ON INDIA'S CLEAN POWER BOOML&T TACKLES HIGH-END SUBSEA ENGINEERING IN ONGC PROJECT
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