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Manufacturing Sector News & Updates - December 21, 2024



Raj cooling systems inaugurates Rs 75 crore manufacturing plant in Gujarat
Manufacturing   -  Dec 20,2024
Raj Cooling Systems has inaugurated a ₹75 crore manufacturing plant in Naika, Gujarat, spanning 6 lakh sq. ft., with a production capacity of 5,000 units per day. Equipped with advanced technology, .


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%. .


Hong Fu Group marks India entry, breaks ground for Rs 1,500 crore footwear facility
Manufacturing   -  Dec 17,2024
Taiwanese footwear giant Hong Fu Industrial Group has launched a Rs 1,500-crore footwear manufacturing facility at SIPCOT Industrial Park, Panapakkam, near Chennai. The project, expected to be operati .


Chandrababu Naidu sets October 2026 target for Polavaram project completion
Manufacturing   -  Dec 17,2024
Andhra Pradesh Chief Minister N. Chandrababu Naidu set a target of October 2026 to complete the Polavaram irrigation project. Emphasizing careful planning and clear timelines, he instructed officials .


JCBL expands manufacturing facility in Chennai
Manufacturing   -  Dec 16,2024
JCBL Marrel Tippers Limited (JML) is expanding its manufacturing facility in Oragadam, Chennai, by adding 60,000 square feet to its existing space. This expansion increases production capacity by 25% .


Suchi Semicon inaugurates OSAT plant in Surat
Manufacturing   -  Dec 16,2024
Surat-based Suchi Semicon inaugurated its USD 100 million OSAT plant, expecting over USD 100 million in revenue within three years. The facility, focusing on semiconductor assembly and testing, aims t .


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% .


JS Auto Cast Foundry to invest Rs 67.5 crore in capacity expansion in Tamil Nadu
Manufacturing   -  Dec 12,2024
JS Auto Cast Foundry, a Bharat Forge subsidiary, plans to invest Rs 67.5 crore in expanding its Perundurai unit in Tamil Nadu. The expansion will increase its grey and SG iron casting capacity by 60%, .


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