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Manufacturing Sector News & Updates - July 23, 2024



Sansera Engineering plans Rs 300-crore investment in FY24 as order books swell
Manufacturing   -  Aug 21,2023
Sansera Engineering Ltd, a manufacturer of precision-forged and machined components for auto and non-auto sectors, plans to spend around 300 crore in FY24 to accommodate growing orders. The company ai .


Inflame Appliances commences commercial operation at Hyderabad plant
Manufacturing   -  Aug 21,2023
Inflame Appliances Ltd's Hyderabad manufacturing plant has initiated commercial production, with three customers accepting the audit and supply of chimneys (kitchen appliances). Two existing prom .


Gulbrandsen completes construction of its Tin Catalyst Production Plant in Dahej
Manufacturing   -  Aug 17,2023
Gulbrandsen has successfully commissioned its new Tin Catalyst plant in Dahej, India. As a leading producer of tin catalysts for the global polyurethane foaming industry, the facility will manufacture .


Havells plans to establish refrigerator manufacturing facility in Rajasthan
Manufacturing   -  Aug 16,2023
Havells India aims to establish a refrigerator manufacturing plant in Ghiloth, Rajasthan, with a yearly capacity of 1 million devices. The project, requiring a 350 crore investment, anticipates comple .


Foxconn gets approval for $400 million investment in Telangana
Manufacturing   -  Aug 16,2023
Foxconn, a major electronics contract manufacturer, has received board approval for a $400 million investment in Telangana, where it is already constructing a $500 million manufacturing site. The tota .


SK Hynix denies negotiation with SRAM & MRAM for chip plant
Manufacturing   -  Aug 14,2023
South Korean company SK Hynix has denied engaging in negotiations with SRAM & MRAM Group for an Indian semiconductor testing or manufacturing facility. SRAM & MRAM Group had earlier indicated talks wi .


Nibav in talks with global PE firms to raise $100 milion by November
Manufacturing   -  Aug 11,2023
Chennai-based house lift manufacturer Nibav Home Lifts aims to secure $100 million by November. The company plans to use the funds for expanding production, marketing, and research, along with global .


Godrej Consumer Products inks MoU with Tamil Nadu government, new facility to be set up at Rs 515 crore
Manufacturing   -  Aug 11,2023
Godrej Consumer Products Limited (GCPL) has unveiled a Memorandum of Understanding (MoU) with the Tamil Nadu state government. The agreement outlines GCPL's investment of Rs 515 crore over five y .


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