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Manufacturing Sector News & Updates - January 22, 2025



TCL plans to strengthen market presence in high-end TV segment
Manufacturing   -  Jan 20,2025
TCL aims to capture 10% of India's high-end TV market, producing up to 430 units monthly at its Andhra Pradesh facility. It has invested over USD 3 billion in its plants. TCL's new 115-inch .


LG, Panasonic Energy accelerate plans for battery plants
Manufacturing   -  Jan 17,2025
LG Energy Solution (LGES) and Panasonic Energy are accelerating plans to set up manufacturing facilities in India. LGES targets Tamil Nadu, Telangana, and Andhra Pradesh, while Panasonic considers Mah .


TNPL unveils Rs 600 crore growth blueprint
Manufacturing   -  Jan 17,2025
Tamil Nadu Newsprint & Papers Ltd (TNPL) plans to invest over Rs 600 crore in FY2025 and FY2026 for expansion and modernization. The investment includes setting up a tissue paper plant, upgrading powe .


Innova Captab starts commercial production in Jammu facility
Manufacturing   -  Jan 16,2025
Innova Captab has commenced commercial production at its advanced facility in Kathua, Jammu, featuring four specialized blocks for a range of pharmaceutical products. With an investment over Rs 450 .


IBC to establish Rs 390 crore giga factory unit in Bengaluru
Manufacturing   -  Jan 16,2025
International Battery Company (IBC) plans to set up a Rs 390 crore lithium-ion gigafactory in Karnataka, generating 300 jobs. The facility, in partnership with Mahanagar Gas Limited, will produce ba .


HFCL launches advanced defence manufacturing facility in Tamil Nadu
Manufacturing   -  Jan 13,2025
HFCL Limited has inaugurated a new defence manufacturing facility in Hosur, Tamil Nadu, on December 23, 2024. The plant will produce Thermal Weapon Sights, Electronic Fuzes, HCRR systems, and Surveill .


Indichip Semiconductors inks deal with Andhra for Rs 14,000 crore facility
Manufacturing   -  Jan 13,2025
Indichip Semiconductors Ltd and Japan's Yitoa Micro Technology (YMTL) will invest ₹14,000 crore to establish India’s first private semiconductor plant in Andhra Pradesh's Orvakal industr .


Jupiter International commits Rs 6,500 crore investment to boost solar capacity
Manufacturing   -  Jan 13,2025
Jupiter International plans a Rs 6,500 crore investment to expand its solar manufacturing capacity over the next three years. The company will focus on wafers, cells, and modules, aiming for 18.4 GW .


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