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manufacturing Sector News & Updates - November 21, 2024



L&T Semicon expects its chip production to start in 2 years
Manufacturing   -  Oct 01,2024
L&T Semiconductor Technologies plans to begin manufacturing its semiconductor products within two years, according to CEO Sandeep Kumar. The company aims to establish chip manufacturing plants after r .


Zetwerk secures solar PV module manufacturing order worth about Rs 2,500 crore from NTPC
Manufacturing   -  Sep 30,2024
Zetwerk Manufacturing won a Rs 2,000-2,500 crore order from NTPC to supply 1,515 MWp of made-in-India solar PV modules for the 1,200 MW Khavda Solar Project in Gujarat. The order, four times larger th .


Parandur airport in Chennai to have cargo village
Manufacturing   -  Sep 30,2024
Tamil Nadu's new Parandur airport, 60 km from Chennai, will feature a cargo village and connect to the Mappedu multimodal logistics park, enhancing logistics infrastructure. A Rs 20,000 crore inv .


Anand Group to invest Rs 600 crore to enhance component manufacturing
Manufacturing   -  Sep 30,2024
Anand Group is investing Rs 600 crore this financial year as part of its Rs 3,600 crore five-year plan to enhance capabilities, particularly in electric and SUV technologies. The group, through Mahle .


GE Aerospace to ramp up sourcing from India
Manufacturing   -  Sep 30,2024
GE Aerospace plans to increase component sourcing from India, leveraging the country’s engineering talent and production capabilities. With a facility in Pune and a tech center in Bengaluru, the com .


CM Stalin lays foundation stone for Tata Motors' Rs 9,000 crore plant in Tamil Nadu
Manufacturing   -  Sep 30,2024
Chief Minister M K Stalin laid the foundation stone for Tata Motors' new manufacturing facility in Panapakkam, Tamil Nadu, with an investment of Rs 9,000 crore. The facility is expected to create .


Tata Electronics, PSMC complete tech transfer pact for fab unit
Manufacturing   -  Sep 27,2024
Tata Electronics has signed a definitive agreement with Taiwan's Powerchip Semiconductor Manufacturing Corporation for technology transfer to establish a greenfield semiconductor fab in Dholera, .


Feintool begins construction work for plant in India
Manufacturing   -  Sep 27,2024
Feintool System Parts India has begun construction on its first production site in Pune, with an initial investment of CHF 15 million. The facility aims to enhance delivery efficiency and reduce CO2 e .


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