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manufacturing Sector News & Updates - November 22, 2024



AURIC city to get a mega hybrid car manufacturing project
Manufacturing   -  Jun 10,2024
AURIC in the Delhi Mumbai Industrial Corridor (DMIC) is set to host a major hybrid car manufacturing company, requiring a Rs 50,000 crore investment and 600 acres of land. The move is anticipated to b .


Pavna Industries acquires land in Uttarakhand for enhanced sectoral presence
Manufacturing   -  Jun 10,2024
Pavna Industries procures a 4,335 sq. mtrs. land at Pantnagar, Uttarakhand, for a greenfield plant catering to die cast component demand. Leveraging logistics and cost benefits, it aims to bolster pre .


KEC International gets new orders worth over Rs 1,000 crore
Manufacturing   -  Jun 07,2024
KEC International, an RPG Group company, secures new orders worth over Rs 1,000 crore in the domestic market. Orders include residential projects in Northern and Southern India, and construction of of .


Tembo Global Industries expands manufacturing facility in Vasai
Manufacturing   -  Jun 05,2024
Tembo Global Industries is expanding its manufacturing facility in Vasai to increase capacity significantly. In 2023, it ventured into EPC contracts, securing orders worth Rs 300 crore. For Q1 2024, t .


Amara Raja explores new partnership for lithium-ion cell manufacturing
Manufacturing   -  Jun 05,2024
Amara Raja is seeking partnerships to bolster its lithium-ion cell manufacturing capabilities for its upcoming giga factory. Executive Director Vikramadithya Gourineni revealed ongoing discussions for .


RIL registers sub-lease deed for land to develop global economic hub
Manufacturing   -  Jun 05,2024
Reliance Industries (RIL) has completed the registration of a sub-lease deed for 3,750 acres of land in Maharashtra to develop a global economic hub. This project, initiated through an MOU with the .


Aurobindo arm TheraNym, MSD in pact for manufacturing of biologicals
Manufacturing   -  Jun 04,2024
Aurobindo Pharma's subsidiary, TheraNym, signs a master service agreement with MSD Singapore for contract manufacturing of biologicals. TheraNym plans to invest Rs 1,000 crore for a manufacturing .


L&T Switchgear rebrands to Lauritz Knudsen
Manufacturing   -  May 30,2024
L&T Switchgear rebrands as Lauritz Knudsen after Schneider Electric acquisition in 2020. The company plans to invest Rs 850 crore by 2026 in manufacturing, R&D, and innovation. Peter Herweck, CEO of S .


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