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Manufacturing Sector News & Updates - July 22, 2024



IG Drones eyes aggressive defence foray
Manufacturing   -  Mar 04,2024
IG Drones plans aggressive expansion with a new manufacturing facility in Vadodara, Gujarat, targeting 1,000 drones annually, mainly for defense. CEO Bodhisattwa Sanghapriya emphasizes a shift towards .


Chemfab Alkalis Ltd to triple PVCO pipe production
Manufacturing   -  Mar 04,2024
Chemfab Alkalis Ltd (CCAL) plans to triple PVCO pipe production capacity at its Sri City facility to 65 tonnes/day with a ₹74 crore investment. This expansion aligns with CCAL's growth strategy .


Schneider Electric chalks out Rs 3, 200-crore investment plan
Manufacturing   -  Mar 04,2024
Schneider Electric plans a Rs 3,200 crore investment to expand its industrial presence in India by 2026, adding over one million sq. ft. of manufacturing space across multiple states. The initiative a .


Tata's semiconductor fabrication plants receive govt nod
Manufacturing   -  Mar 01,2024
The Union Government approved the establishment of three semiconductor fabrication plants in India, with a total estimated cost of Rs 1.26 lakh crore. Tata Electronics partners with Taiwan’s PSMC fo .


Tower's foundry plan gets Cabinet approval
Manufacturing   -  Mar 01,2024
The Centre approved Israeli semiconductor company Tower's proposal, marking India's first pure-play chip foundry. Minister Rajeev Chandrasekhar noted India's recent strides in the semic .


L&T commissions first indigenously manufactured electrolyser at green hydrogen plant in Hazira
Manufacturing   -  Mar 01,2024
Larsen and Toubro have launched their first domestically produced hydrogen electrolyser at Hazira, Gujarat, marking L&T Electrolyser Ltd's debut in local electrolyser manufacturing. With a rated .


GE T&D India gets orders worth ₹370 crore from Power Grid
Manufacturing   -  Feb 29,2024
GE T&D India Ltd secures orders worth ₹370 crore from PGCIL for supplying 765 kV shunt reactors, aiding renewable energy integration and enhancing transmission in India. Sandeep Zanzaria emphasizes .


JTEKT India Limited to increase capacity of MS-Gear Line
Manufacturing   -  Feb 29,2024
JTEKT India Limited plans to expand its MS-Gear Line capacity by approximately 0.4 million units to meet rising demand from Indian OEMs. Financed through internal accruals and borrowings, the move dem .


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