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Cabinet approves Rs 3,760 crore for battery energy storage system
Manufacturing - Sep 07,2023
The Indian government, under Union Minister Anurag Thakur, has allocated Rs 3,760 crore for a 4,000 MWh battery energy storage system, covering up to 40% of the total capital cost. The entire funding .

Hero Moto Corp to invest anadditional Rs 550 crore in Ather Energy
Manufacturing - Sep 06,2023
Hero MotoCorp plans to invest Rs 550 crore in Ather Energy through a rights issue, pending final agreements and transaction requirements. Prior to this, Hero MotoCorp owned 33.1 percent of Ather. Athe .

IIHR establishes modern seed testing facility with HAL’s support
Manufacturing - Sep 05,2023
The Indian Council for Agricultural Research-Indian Institute of Horticulture Research (ICAR-IIHR) has partnered with Hindustan Aeronautics Ltd (HAL) to establish an automated seed testing facility, i .

Yeida asks toy park entrepreneurs to complete units at the earliest
Manufacturing - Sep 04,2023
Yeida has urged companies in the Toy Park project to expedite development of their toy units. So far, 31 out of 142 unit owners have registered their plots and begun construction on the 100-acre site .

India's first Gorilla glass manufacturing unit by Corning Inc. to come up in Telangana
Manufacturing - Sep 04,2023
Corning Inc. is set to establish a groundbreaking Gorilla Glass manufacturing plant in Telangana, marking a pioneering investment in India. This facility, with an estimated cost of Rs. 934 crore, will .

Steelbird to invest Rs 105 crore to increase production capacity
Manufacturing - Sep 04,2023
Steelbird Hi-Tech India plans to invest Rs 105 crore to expand its production capacity, aiming to manufacture 1 crore helmets in the current fiscal year. The company will utilize these funds to increa .

Philips expands local manufacturing in accordance with 'Make in India' initiative
Manufacturing - Aug 31,2023
Philips is expanding its production of Personal Health products in India, aligning with the 'Make in India' policy. The co-manufacturing facility in Baddi, Himachal Pradesh, will now produce .

Saint-Gobain invests Rs 8,000 crore in India to satisfy growth ambitions
Manufacturing - Aug 31,2023
Saint-Gobain India, a prominent glass manufacturer and housing solutions player, is set to invest Rs 8,000 crore in the next 4-5 years for growth, acquisitions, and capital expenditure. The company re .