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manufacturing Sector News & Updates - July 3, 2024



Ather Energy to invest Rs 2,000 crore to set up third plant in Maharashtra
Manufacturing   -  Jul 01,2024
Ather Energy plans to establish its third manufacturing facility in Maharashtra's Bidkin, Aurangabad, with an investment exceeding Rs 2,000 crore. The facility will produce electric two-wheelers .


Foxconn is now looking at making AI servers in India, expand beyond iPhones
Manufacturing   -  Jul 01,2024
Foxconn, renowned for iPhone assembly, will diversify into AI server production at its Tamil Nadu facilities, aiming to meet rising global demand. This move, reported by the Economic Times, marks a st .


Sparsh CCTV plans Rs 300 crore capex to enhance capacity
Manufacturing   -  Jun 28,2024
Sparsh CCTV, a manufacturer of electronic security equipment, aims to invest Rs 300 crore over five years to expand production capacity in line with government initiatives promoting 'Made in Indi .


Tata Electronics signs tech pact with US chip firm for Dholera fabrication plant
Manufacturing   -  Jun 27,2024
Tata Electronics has partnered with Synopsys to utilize its semiconductor design solutions for Tata's upcoming $10.9-billion fab in Dholera, Gujarat. The collaboration includes leveraging Synopsy .


Corning, Optiemus Infracom break ground on cover-glass facility in Tamil Nadu
Manufacturing   -  Jun 27,2024
Corning Incorporated and Optiemus Infracom initiated the Bharat Innovative Glass Technologies (BIG Tech) facility on June 25, 2024, in Tamil Nadu. This first-of-its-kind Indian facility will manufactu .


Tata Electronics collaborates with synopsys for design automation in Dholera
Manufacturing   -  Jun 26,2024
Tata Electronics has partnered with Synopsys to enhance semiconductor capabilities at India's first fab facility in Dholera. The collaboration aims to leverage Synopsys' chip design expertis .


Maruti Ispat & Pipes launches new brand, embark on capacity expansion
Manufacturing   -  Jun 26,2024
Hyderabad-based Maruti Ispat & Pipes (MIPPL), a subsidiary of MS Agarwal Group, has launched the MS VAYU brand for selling ERW steel pipes. It plans to increase capacity by six lakh tonnes in five yea .


Kewal Kiran Clothing plans capacity expansion
Manufacturing   -  Jun 25,2024
Kewal Kiran Clothing Limited, manufacturer of Killer Jeans, plans significant expansions in FY25. They aim to invest over Rs 35 crore to launch more than 10 new brick-and-mortar stores in India and in .


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