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manufacturing Sector News & Updates - November 22, 2024



Foxconn invests Rs 1,200 crore in Indian subsidiary
Manufacturing   -  Aug 26,2024
Foxconn has invested Rs 1,200 crore in its Karnataka-based manufacturing unit, part of a larger Rs 25,000 crore project near Dodda Ballapur, creating 40,000 jobs. The Karnataka government has allocate .


Tata Group gears up for new iPhone assembly plant in Tamil Nadu
Manufacturing   -  Aug 26,2024
Apple, in partnership with Tata Electronics, is expanding its manufacturing in India with a new iPhone assembly plant in Hosur, Tamil Nadu, set to open in November 2024. Tata is investing Rs 6,000 cro .


Dabur to set its first southern plant in Tamil Nadu
Manufacturing   -  Aug 26,2024
Dabur India has signed an MoU with Tamil Nadu to build its first plant in Southern India at SIPCOT, Tindivanam. The Rs 135 crore facility, which will eventually expand to Rs 400 crore, will produce pr .


Wipro Hydraulics opens Rs 250 crore manufacturing facility in Jaipur
Manufacturing   -  Aug 26,2024
Wipro Hydraulics has inaugurated its sixth manufacturing facility in Jaipur, Rajasthan, with an investment of Rs 250 crore. The new plant, capable of producing 1,000 hydraulic cylinders daily, aims to .


Igus India expands with new manufacturing plant in Bengaluru
Manufacturing   -  Aug 23,2024
Igus India has opened a new 92,000 sq. ft. manufacturing facility in Mandur, Bengaluru, investing over Rs 100 crore. The expansion targets key sectors like semiconductors and renewable energy. Plans i .


Suchi Semicon to invest $100 million to set up Gujarat’s first semiconductor OSAT plant
Manufacturing   -  Aug 23,2024
Surat-based Suchi Semicon plans to invest over $100 million to establish Gujarat’s first Semiconductor Assembly and Testing (OSAT) plant by November 2024. Spanning 30,000 square feet, the facility w .


Kothari Industrial, Shoe Town Group to set up two factories in Tamil Nadu
Manufacturing   -  Aug 21,2024
Taiwan's Shoe Town Group and Chennai's Kothari Industrial Corporation (KICL) will expand their partnership by setting up two new non-leather shoe factories in Tamil Nadu. The joint venture, .


Foxconn mulling battery energy storage unit in India
Manufacturing   -  Aug 21,2024
Foxconn plans to establish a battery energy storage system (BESS) manufacturing unit in India and is considering an electric vehicle unit. The company's "3+3" strategy targets electric vehicles, .


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