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Manufacturing Sector News & Updates - July 23, 2024



TRUMPF elevates presence in Indian market
Manufacturing   -  Jan 22,2024
TRUMPF, a high-tech company, is expanding in India by establishing a new production facility in Pune, Maharashtra. With an investment exceeding four million Euros, the facility aims to efficiently ser .


Odisha: JSW’s Rs 40K crore EV plan gets cabinet nod
Manufacturing   -  Jan 22,2024
The Odisha cabinet, led by Chief Minister Naveen Patnaik, approved a special incentive package for JSW Group's significant electric vehicle (EV) and component manufacturing projects. JSW plans to .


TASL inks contract with Boeing
Manufacturing   -  Jan 22,2024
Boeing and Tata Advanced Systems Limited (TASL) have entered a framework agreement to collaborate on aerospace and defense manufacturing, emphasizing potential opportunities in unmanned aerial vehicle .


Encore-Alcom to establish Rs 60 crore manufacturing plant in Surat
Manufacturing   -  Jan 19,2024
Encore-Alcom, an aluminum doors and windows manufacturer, is investing Rs 60 crore to establish a cutting-edge manufacturing unit in Surat, Gujarat. The 1.8 lakh square feet facility, set to be operat .


Aragen Life Sciences to invest Rs 2,000 crore for expansion of Mallapur facility in Hyderabad
Manufacturing   -  Jan 19,2024
Aragen Life Sciences, a major drug manufacturing company, is set to invest Rs 2,000 crore in the expansion of its Mallapur facility in Hyderabad, Telangana. This expansion, focused on drug discovery a .


Anand Group to invest Rs 987 crore in Tamil Nadu
Manufacturing   -  Jan 19,2024
Auto component manufacturer Anand Group has pledged a Rs. 987 crore investment in Tamil Nadu as part of the Global Investors Meet 2024. An MoU was signed with the state government to enhance manufactu .


Jai Balaji to increase Durgapur plant capacity with an investment of Rs 1,000 crore
Manufacturing   -  Jan 19,2024
Jai Balaji Industries plans to invest Rs 1,000 crore in the next 15 to 18 months for a strategic growth phase. The steelmaker aims to fund the expansion through internal accruals, focusing on cost-eff .


Surgical Instruments Group Holdings to set up healthcare device manufacturing facility in Telangana
Manufacturing   -  Jan 19,2024
Surgical Instruments Group Holdings (SIGH) is investing Rs. 231.5 crore to establish a healthcare device manufacturing facility in Telangana. The UK-based medical device manufacturing company plans to .


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