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Manufacturing Sector News & Updates - July 23, 2024



PM Modi inaugurates five projects worth Rs 1,200 crore in Gujarat
Manufacturing   -  Feb 23,2024
Prime Minister Narendra Modi inaugurated five dairy projects totaling Rs 1,200 crore during the Gujarat Cooperative Milk Marketing Federation's golden jubilee in Hyderabad. The projects include a .


Finolex Cables to double optic fibre cable capacity with Rs 580 crore capital
Manufacturing   -  Feb 23,2024
Finolex Cables plans to invest Rs 580 crore to expand its optic fibre cables capacity to 10 million fibre km per year, anticipating increased demand due to 5G rollout. The expansion includes setting u .


VinFast Auto to break ground for Tamil Nadu EV facility on February 25
Manufacturing   -  Feb 23,2024
Vietnamese electric vehicle manufacturer VinFast Auto Ltd will inaugurate its $2 billion EV manufacturing site in Thoothukudi, Tamil Nadu, on February 25. This marks a significant step in positioning .


Micron's facility in Gujarat to become operational next year
Manufacturing   -  Feb 23,2024
Micron Technology's semiconductor chip assembly and testing facility in Sanand, Gujarat, will start operations next year. The facility will assemble and test advanced DRAM and NAND flash products .


DCM Shriram to invest Rs 1,000 crore in downstream products
Manufacturing   -  Feb 23,2024
DCM Shriram plans to invest ₹1,000 crore in epoxy resins and downstream products, leveraging synergies with its existing business. The investment will fund a greenfield epoxy manufacturing plant ove .


Ambuja Cements to set up 4 mtpa cement unit in Jharkhand
Manufacturing   -  Feb 22,2024
Ambuja Cements plans a Rs 1000 crore investment in a cement grinding unit in Motia Village, Jharkhand, with a capacity of 4 mtpa, aiming to create over 2,500 jobs. This expansion complements its two e .


UltraTech Cement commissions 1.8 mtpa cement capacity at Kotputli, Rajasthan
Manufacturing   -  Feb 22,2024
UltraTech Cement commissioned a 1.8 mtpa brownfield cement capacity at Kotputli, Rajasthan, as part of a 22.6 mtpa expansion plan. This addition enhances their ability to serve Rajasthan and NCR marke .


Remsons, Daiichi ink joint venture agreement for auto electronics
Manufacturing   -  Feb 22,2024
Remsons Industries, a Mumbai-based leader in automotive cables & shifters, partners with Istanbul's Daiichi Infotainment Systems in a 50:50 joint venture for automotive electronics. Leveraging Da .


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