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Daikin Partners with Rechi Precision to boost rotary compressor manufacturing
Manufacturing - Dec 18,2024
Daikin Industries is forming a joint venture with Rechi Precision Co Ltd to manufacture rotary compressors for air conditioners. Daikin India will hold a 51% stake, and Rechi Precision will hold 49%. .

DEG, partners JK Tyre for PCR expansion in Madhya Pradesh
Manufacturing - Dec 13,2024
Germany's DEG has partnered with JK Tyre & Industries (JKTIL) to provide a €30 million loan for expanding production in Madhya Pradesh. JKTIL aims to reduce carbon intensity by 50% and uses 40% .

AMPIN Energy Transition achieves financial closure for RE project
Power Generation - Oct 18,2024
AMPIN Energy Transition secured ₹742 crore green financing from Standard Chartered for its 200-MW solar-wind hybrid project in Rajasthan, with a total investment of ₹944 crore. The plant will gene .

AMPIN Energy partners with Sumitomo Corporation for a 100 billion yen JV
Power Generation - Sep 23,2024
AMPIN Energy Transition Private Limited has partnered with Sumitomo Corporation to form AMPIN C&I Power Private Limited, focusing on corporate power purchase agreements (PPAs) for renewable energy in .

Covestro inaugurates trimer production facility
Manufacturing - Sep 16,2024
Covestro (India) Private Limited has inaugurated a new production facility in Ankleshwar, Gujarat, to manufacture Desmodur ultra trimmer products. The plant, Covestro's fourth dedicated trimer fa .

Trident Lifeline Limited commences commercial production at Sachin, Surat
Automotive Industries - Sep 13,2024
Trident Lifeline Limited has started commercial production at its new manufacturing plant in Sachin, Surat, as of September 12, 2024. The facility, with a capacity of 50,000 syrup bottles and 50,000 o .

IHCL signs Vivanta property in Puducherry
Hospitality and Healthcare - Sep 12,2024
Indian Hotels Company Limited (IHCL) will open a new Vivanta hotel in Puducherry, India, as part of its strategic expansion. The 85-room hotel will feature amenities like an all-day diner, bar, gym, w .

Premier Green Innovations starts construction of new plant in Odisha
Manufacturing - Jul 26,2024
Almondz Global Securities, through its joint venture Premier Green Innovations, has begun constructing a new 200 KLPD manufacturing plant in Sambalpur, Odisha. This plant complements the existing 285 .