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Manufacturing Sector News & Updates - July 22, 2024



Murugappa Group plans to invest Rs 3,000 crore on EVs
Manufacturing   -  May 13,2024
TI Clean Mobility, a Tube Investments of India Ltd subsidiary, signs ₹580 crore agreement with GEF Capital Partners for EV venture. The firm has raised ₹2,530 crore of its planned ₹3,000 crore f .


Elantas Beck India Limited to purchase vacant land for expansion and new projects
Manufacturing   -  May 09,2024
Elantas Beck India Limited's Board approved the purchase of 35 acres of land in Bharuch, Gujarat, for Rs. 67 crore, using internal funds. The land will facilitate future expansion and new project .


TVS Motor draws up Rs 1,000 crore capex in FY25
Manufacturing   -  May 09,2024
TVS Motor Company plans a Rs 1,000 crore capex for FY25, unveiling new ICE and electric two-and three-wheelers. It will introduce various versions of its electric scooter iQube, catering to diverse ba .


Lam Research plans semiconductor fabrication supply chain in India
Manufacturing   -  May 09,2024
Lam Research Corporation aims to diversify its semiconductor fabrication equipment supply chain by including India, assessing capabilities across various sectors. Exploring local suppliers for precisi .


Bridge & Roof Co.invites bids to select engineering consultant for CGD project
Manufacturing   -  May 08,2024
Bridge & Roof Company seeks bids for engineering consultants for city gas distribution (CGD) projects in Eastern India. Tasks include process, pipeline, and station design, electrical work, civil and .


BENZ Packaging acquires 1.5-acre land for new plant in Haryana
Manufacturing   -  May 08,2024
BENZ Packaging has acquired 1.5 acres of land in Haryana for a new manufacturing facility, investing over Rs 50 crore. The plant will showcase advanced manufacturing capabilities, meeting rising produ .


TAFE plans Rs 180 crore expansion
Manufacturing   -  May 07,2024
TAFE, an Amalgamations group company, intends to invest Rs 180 crore for capacity expansion this fiscal year. With Rs 40 crore allocated for a new harvest implement manufacturing facility in Chennai, .


Wildcraft invests Rs 80 crore to open greenfield warehouse spreading across 3.5 lakh sq ft
Manufacturing   -  May 07,2024
Wildcraft, an adventure and outdoor products brand, invests Rs 80 crore in a 3.5 lakh sq.ft warehouse in Sira, Karnataka. Over the next 18-36 months, they plan to invest 40 million lei in expanding pr .


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