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Manufacturing Sector News & Updates - July 23, 2024



Uttar Pradesh commits Rs 8,000 crore in 1,400-acre bulk drug park
Manufacturing   -  Jan 18,2024
The Uttar Pradesh government is investing around Rs 8,000 crore in a proposed bulk drug park in Lalitpur district, covering 1,472 acres. Managed by UPSIDA, the park aims to establish UP as a prominent .


Godrej’s new TN facility will be first multi-category unit, says CEO
Manufacturing   -  Jan 18,2024
Godrej Consumer Products will establish its first multi-product facility in Tamil Nadu, manufacturing various categories including soaps, deodorants, and hair colors. The decision aligns with rising d .


Bhansali Engineering Polymers executes contract with Toyo Engineering India
Manufacturing   -  Jan 18,2024
Bhansali Engineering Polymers Limited has entered into a contract with Toyo Engineering India Private Limited for the Front End Engineering Design (FEED) and CAPEX Cost Estimation for a Brown Field AB .


Adani New Industries receives LoA from SECI for new manufacturing facility
Manufacturing   -  Jan 18,2024
Adani New Industries, a wholly-owned subsidiary of the Adani Group, has received a Letter of Award (LoA) from Solar Energy Corporation of India (SECI) to set up an electrolyzer manufacturing capacity .


First Solar launches cutting-edge manufacturing facility in Tamil Nadu
Manufacturing   -  Jan 17,2024
First Solar has inaugurated India's first fully vertically integrated solar manufacturing plant in Tamil Nadu, constructed at a cost of around USD 700 million, with USD 500 million in DFC financi .


Phoenix Kothari Footwear to invest Rs 5k crore for expansion in Tamil Nadu
Manufacturing   -  Jan 13,2024
Phoenix Kothari Footwear plans a Rs 5,000 crore investment to expand its non-leather footwear industrial park in Perambalur. This joint venture with Taiwan's Evervan Group will cover 500 acres, a .


3 MoUs in semiconductor sector among slew of pacts inked on day 2 of Vibrant Gujarat Summit
Manufacturing   -  Jan 13,2024
On the second day of the 10th Vibrant Gujarat Global Summit, three significant memorandums of understanding (MoUs) were signed in the semiconductor sector. South Korean firm Simmtech pledged a Rs 1,25 .


Simmtech to invest Rs 1,250 crore in Gujarat
Manufacturing   -  Jan 13,2024
South Korean company Simmtech will invest Rs 1,250 crore to establish a semiconductor manufacturing unit in Sanand, near Ahmedabad, Gujarat. The memorandum of understanding (MoU) with the Gujarat gove .


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