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Amara Raja explores new partnership for lithium-ion cell manufacturing
Manufacturing - Jun 05,2024
Amara Raja is seeking partnerships to bolster its lithium-ion cell manufacturing capabilities for its upcoming giga factory. Executive Director Vikramadithya Gourineni revealed ongoing discussions for .

Aurobindo arm TheraNym, MSD in pact for manufacturing of biologicals
Manufacturing - Jun 04,2024
Aurobindo Pharma's subsidiary, TheraNym, signs a master service agreement with MSD Singapore for contract manufacturing of biologicals. TheraNym plans to invest Rs 1,000 crore for a manufacturing .

L&T Switchgear rebrands to Lauritz Knudsen
Manufacturing - May 30,2024
L&T Switchgear rebrands as Lauritz Knudsen after Schneider Electric acquisition in 2020. The company plans to invest Rs 850 crore by 2026 in manufacturing, R&D, and innovation. Peter Herweck, CEO of S .

Welspun Living achieves record revenue and announces major expansion projects
Manufacturing - May 29,2024
Welspun Living achieves record revenue of Rs. 98,251 crore in FY24. Expanding capacities include Jacquard towel plant in Anjar, adding 6,400 MTPA, and greenfield pillow manufacturing project in Ohio, .

Fischer Medical Ventures introduces India’s first Indigenous MRI system
Manufacturing - May 28,2024
Fischer Medical Ventures Ltd (FMVL) achieves a breakthrough with India's first indigenous MRI systems, reducing dependence on imported medical devices. Developed at their AMTZ facility, the move .

Jupiter Wagons to invest Rs 1,500 crore over two years
Manufacturing - May 28,2024
Jupiter Wagons plans a Rs. 1,500 crore investment over two years to diversify its business and boost revenue from wagon manufacturing, railway components, commercial vehicles, and containers. The inve .

Bengaluru startup that makes silicon replacement for chips to scale production
Manufacturing - May 24,2024
NoPo Nanotechnologies, based in Bengaluru, is expanding production capacity for single-walled carbon nanotubes (SWCNTs). These advanced materials have diverse applications, from enhancing energy densi .

Pricol continues its capex cycle with over Rs 200 crore planned for FY25
Manufacturing - May 24,2024
Pricol plans a Rs 200-220 crore capital expenditure in FY25 to bolster production capacities, particularly in digital instrument clusters and PCB manufacturing. With 85% capacity utilization, investme .