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BFW sets up a digitised plant in Tamil Nadu at Rs 200-cr outlay
Automotive Industries - Apr 23,2024
Bharat Fritz Werner (BFW), a machine tool manufacturer, invested Rs 200 crore in a fully digitalized plant in Hosur, Tamil Nadu, covering 54 acres. With a focus on tech-driven production, the facility .

HPSD and Sagar Semiconductors team up to boost India’s semiconductor sector
Automotive Industries - Apr 23,2024
Hitachi Power Semiconductor Device (HPSD) and Sagar Semiconductors (Sagar Semi) signed a MoU to collaborate on joint-marketing for high power devices, New Product Development (NPD), and technology tra .

Vesuvius Group to invest Rs 1000-crore in India
Automotive Industries - Apr 23,2024
Vesuvius India plans to invest Rs 1,000 crore in India, doubling its initial investment target. The company inaugurated a new mould flux manufacturing plant in Vishakapatnam to meet the rising demand .

JSW Energy arm bags 700-MW project from NTPC
Automotive Industries - Apr 23,2024
JSW Energy's subsidiary secured a contract from NTPC for a 700 MW ISTS-connected solar power project. With this, JSW Energy's total locked-in generation capacity rises to 13.3 GW, including .

NTPC arm inks MoU with Indus Towers
Automotive Industries - Apr 23,2024
NTPC Green Energy and Indus Towers signed an MoU to advance green energy objectives in alignment with India's carbon neutrality goals. NTPC Green Energy, a subsidiary of NTPC, will focus on renew .

Amplus Solar plans launch of distributed green hydrogen projects
Automotive Industries - Apr 22,2024
Amplus Solar aims to introduce distributed green hydrogen projects by next year, already initiating work on the green hydrogen model. Specializing in solar power, the company installs solar projects a .

Inox Wind bags repeat order from Hero Future Energies
Automotive Industries - Apr 22,2024
Inox Wind secures a 210 MW repeat order for its three MW wind turbine generators from Hero Future Energies. The contract includes equipment supply, add-on services, and post-commissioning O&M services .

Hindustan Zinc plans $300 mn capex for FY25
Automotive Industries - Apr 22,2024
Hindustan Zinc allocates $300 million for FY25 capital expenditure to construct a new roaster in Rajasthan. CFO Sandeep Modi confirms the project will be funded through strong cash flow, eliminating t .