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Schwing Stetter to set up fifth factory in Tamil Nadu
Equipment - Dec 30,2024
Schwing Stetter, a German concrete machinery manufacturer, plans a Rs. 600 crore international factory in Cheyyar SIPCOT, Tamil Nadu. Spanning 52 acres with a 2,47,000 sq. ft. built-up area, the facil .

BEL secures order worth Rs 973 crore
Equipment - Dec 24,2024
Bharat Electronics (BEL) has secured additional orders worth Rs 973 crore, bringing its total FY25 order book to Rs 9,801 crore. The new contracts include platform screen doors for metro rail, radars, .

JSW Energy’s next big move in renewable sector revealed
Equipment - Nov 25,2024
JSW Energy plans to establish a wind turbine blade manufacturing facility in Karnataka with an estimated investment of $50 million. The plant will produce 400-500 turbines annually, reducing reliance .

BEML targets Rs 900crore capex till FY’25
Equipment - Oct 25,2024
BEML plans Rs 900 crore capex by FY'25 and has re-entered the construction equipment market, focusing on higher-capacity products to tap into a Rs 45,000 crore market. After restructuring into 11 .

TN govt signs MoU with U.S. machinery manufacturer Caterpillar
Equipment - Sep 13,2024
Caterpillar will expand its equipment manufacturing in Tamil Nadu, with investments in Thiruvallur and Krishnagiri districts, as announced by Chief Minister MK Stalin. The expansion follows Stalin’s .

Escorts Kubota to set up Rs 4,500 crore manufacturing facility
Equipment - Aug 21,2024
Escorts Kubota plans to invest Rs 4,500 crore in a greenfield manufacturing facility in Uttar Pradesh, aiming to boost production capacity and future growth. The project, starting in 2028, will cover .

Escorts Kubota shelves plan to establish new plant in Rajasthan
Equipment - Jun 24,2024
Escorts Kubota has scrapped plans for a new manufacturing plant at Ghiloth, Rajasthan, due to non-compliance with project requirements. The company, poised to invest Rs 4,500 crore over 3-4 years, is .

Bosch in talks with several vehicle makers to offer hybrid solutions
Equipment - May 30,2024
Bosch is engaging with various automakers to provide hybrid solutions, with Indian OEMs showing interest. Sales of hybrids are growing, reaching 2% of total car sales in India. Major players like Maru .