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HAL inks deal with Safran to manufacture jet engine parts in India
Manufacturing - Oct 30,2023
Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have joined forces to enhance ring forging production for commercial engines. HAL will manufacture engine forgings for LEAP engines, whi .

Tamil Nadu government gives nod for six mini textile parks in State
Textiles - Oct 30,2023
The Tamil Nadu government has approved six small textile parks, with eight more awaiting permission. The plan, dormant since 2015, has been revived and received significant interest. It offers a 50% s .

Yamuna Expressway Authority likely to acquire 1,200 hectares for airport expansion in Nodia
Infrastructure - Oct 30,2023
Yamuna Motorway Industrial Development Authority (YEIDA) plans to acquire 1,200 hectares of land for the future Noida International Airport near the Aligarh district. Six villages near the airport are .

Voltas resurrects intention to manufacture air-conditioner compressors in India
Manufacturing - Oct 26,2023
Voltas is reinvigorating its manufacturing efforts in India through partnerships with Korean or Japanese companies. With investments exceeding Rs 1,300 crore, Voltas plans to enhance its home applianc .

Lotte to invest Rs 550 crore to increase ice cream business in India
Food Processing - Oct 25,2023
South Korean food company, Lotte Confectionary, is expanding its presence in the Indian ice cream industry. It acquired Havmor Ice Cream Ltd for Rs 1,020 crore and is investing Rs 550 crore over five .

DP World inks MoUs with Cochin Port for capacity expansion
Infrastructure - Oct 25,2023
DP World and Cochin Port Authority signed two MoUs for capacity expansion. DP World will establish Phase I of a Free Trade Warehousing Zone (FTWZ) and upgrade cargo handling facilities at the Internat .

Foundation stone laid for coffee processing unit in Donwuru village
Food Processing - Oct 24,2023
Deputy Chief Minister Peedika Rajanna Dora laid the foundation for a Rs 3-crore coffee processing unit at Downuru village, marking the first public sector coffee processing facility in the nation. The .

Punjab CM lays foundation stone for Tata Steel plant in Ludhiana
Infrastructure - Oct 24,2023
Punjab CM Bhagwant Singh Mann lauded Tata's investment at the Ludhiana Green Steel Plant, emphasizing its role in boosting the state's industrial progress. The significant investment by Tata .