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Manufacturing Sector News & Updates - April 4, 2025



Karnataka sinks MoUs worth Rs 820 crore on Day 2 of Global Investors Meet
Manufacturing   -  Feb 17,2025
The Karnataka Government signed eight MoUs worth ₹820 crore at the Global Investors Meet, boosting sports infrastructure, manufacturing, hospitality, and textiles. Key agreements include ₹250 cror .


Suzlon Group to establish Wind Turbine Blade Plant in Karnataka’s Vijayapura
Manufacturing   -  Feb 14,2025
Suzlon Group has partnered with the Karnataka government to develop 3,000 MW of wind energy, including a wind turbine blade manufacturing facility in Vijayapura. The region is attracting significant i .


Volvo to invest Rs 1,400 crore to expand Hosakote plant
Manufacturing   -  Feb 14,2025
Volvo Group will invest Rs 1,400 crore to expand its Hoskote facility near Bengaluru, increasing production capacity from 3,000 to 20,000 trucks and buses annually. The expansion will create over 2,00 .


Karnataka receives Rs 10.27 lakh crore investment proposals
Manufacturing   -  Feb 14,2025
Karnataka received Rs 10.27 lakh crore in investment proposals during the Invest Karnataka summit. The investments have the potential to generate over 6 lakh jobs, with 45% concentrated in North Karna .


Baldota Group to set up Rs 54,000 crore Steel Plant in Koppal
Manufacturing   -  Feb 13,2025
Baldota Group will invest Rs 54,000 crore in establishing an integrated steel plant, Baldota Steel and Power (BSPL), in Koppal, Karnataka, with a production capacity of 10.5 million tonnes per annum. .


Epsilon Group to make Rs 15,350 crore investment in Karnataka
Manufacturing   -  Feb 13,2025
Epsilon Group has signed an MoU with the Karnataka government to invest Rs 15,350 crore over the next decade in advanced manufacturing and research for EV battery materials. The investment will enhanc .


Chevron to invest $1 billion in engineering and innovation centre
Manufacturing   -  Feb 12,2025
Chevron plans to establish a $1 billion Engineering and Innovation Centre (ENGINE) in Bengaluru, India, to leverage local engineering and tech talent. This state-of-the-art hub will support global ope .


Escorts Kubota to invest Rs 4,500 crore in new UP factory
Manufacturing   -  Feb 12,2025
Escorts Kubota plans to invest Rs 400 crore in capex for FY 2025-26, focusing 75% on product development and 25% on upgrading manufacturing facilities. Additionally, the company will invest Rs 4,500 c .


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