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EaseMyTrip forays into electric bus manufacturing
Manufacturing - Sep 07,2024
EaseMyTrip has launched a new subsidiary, Easy Green Mobility, to enter the electric bus manufacturing sector. Investing Rs 200 crore over 2-3 years, the company aims to capture a significant share of .

Interarch Building Products invests over Rs 95 crore in 5th manufacturing plant
Manufacturing - Sep 07,2024
Interarch Building Products invested Rs 97 crore in a new PEB manufacturing plant in Nellore, Andhra Pradesh. Phase 1, built on 4 acres with a Rs 40 crore investment, increases capacity by 20,000 MT a .

Adani Power to triple capacity of Kawai plant with Rs 18,000 crore investment
Manufacturing - Sep 05,2024
Adani Power plans to triple its Kawai thermal power plant capacity from 1,320 MW to 4,520 MW with an Rs 18,000 crore investment, expanding in two phases. The company is also increasing its overall the .

Cabinet approves semiconductor unit in Gujarat
Manufacturing - Sep 04,2024
The Union Cabinet, led by Prime Minister Narendra Modi, has approved Kaynes Semicon Pvt Ltd's plan to build a semiconductor unit in Sanand, Gujarat, with an investment of Rs 3,300 crore and a cap .

Air-conditioner maker Daikin to expand capacity in India
Manufacturing - Sep 04,2024
Daikin Industries Ltd., the world's largest air conditioner manufacturer, plans to expand in India by acquiring 33 additional acres near its current plant in southern India. With only 7% of India .

Applied Materials signs MoU with Tamil Nadu government to set up CoE
Manufacturing - Sep 03,2024
US-based Applied Materials has signed an MoU with the Tamil Nadu government to establish an AI-enabled technology development center in Chennai, focused on semiconductor and equipment manufacturing. T .

ZF Wind Power invests 50 million Euro to expand Coimbatore facility
Manufacturing - Aug 29,2024
ZF Wind Power Coimbatore, part of ZF Group, is investing €50 million to expand its gearbox production capacity from 9 GW to 12 GW by the end of next year. This expansion, driven by global renewable .

12 industrial parks worth Rs 25,000 crore await Union Cabinet approval
Manufacturing - Aug 27,2024
The Union Cabinet is expected to approve 12 new industrial parks in Bihar, Andhra Pradesh, and Punjab, with a total cost of Rs 25,000 crore. These parks, designed as industrial cities with integrated .