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JSW Steel invests Rs 19,000 crore in Dolvi plant expansion
Manufacturing - May 20,2024
JSW Steel plans an economical brownfield expansion at its Dolvi plant, investing Rs 19,000 crore for the third phase of capacity enhancement. Utilizing existing infrastructure, the project aims to mee .

Netgear plans to expand operations in India
Manufacturing - May 20,2024
Netgear, a US-based networking hardware company, announces plans to expand operations and increase its workforce in India, considering manufacturing facilities. Currently, India contributes 10% of its .

Venus Pipes forays into fittings business
Manufacturing - May 17,2024
Venus Pipes is expanding its business into fittings, allocating Rs 175 crore for capex through warrants and debts. The move aims to provide complete PFF solutions to customers. The expansion includes .

India awards tenders for 412,000 tonnes green hydrogen production
Manufacturing - May 17,2024
India has awarded tenders for 412,000 tons of green hydrogen manufacturing and 1.5 gigawatts of electrolyzer manufacturing capacity, as announced by Bhupinder S Bhalla, Secretary of the Ministry of Ne .

ReNew secures $1 billion from European bank Societe Generale
Manufacturing - May 17,2024
ReNew has secured debt financing from Societe Generale for energy transition projects. The MoU entails up to $1 billion for renewable energy ventures over three years. Collaborating on solar, wind, gr .

Zoho plans $700 million foray into chipmaking
Manufacturing - May 16,2024
Zoho plans a $700 million investment in chip manufacturing, seeking government incentives. Established in 1996, headquartered in Tamil Nadu, India, Zoho offers software globally, rivalling Microsoft a .

Seshasayee Paper to prepare revised investment plan for expansion
Manufacturing - May 16,2024
Seshasayee Paper and Boards revises its investment plan for expanding pulp and paper capacity following feedback from the Ministry of Environment, Forest & Climate Change. Initially aiming for a 40% i .

Siemens announces capex of over Rs 1,000 crore
Manufacturing - May 15,2024
Siemens Limited announces major expansions in two of its Indian factories, aligning with previous capacity increases. The total capital expenditure exceeds Rs 1,000 crore, emphasizing growth and inn .