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manufacturing Sector News & Updates - November 22, 2024



Welspun Living achieves record revenue and announces major expansion projects
Manufacturing   -  May 29,2024
Welspun Living achieves record revenue of Rs. 98,251 crore in FY24. Expanding capacities include Jacquard towel plant in Anjar, adding 6,400 MTPA, and greenfield pillow manufacturing project in Ohio, .


Jupiter Wagons to invest Rs 1,500 crore over two years
Manufacturing   -  May 28,2024
Jupiter Wagons plans a Rs. 1,500 crore investment over two years to diversify its business and boost revenue from wagon manufacturing, railway components, commercial vehicles, and containers. The inve .


Fischer Medical Ventures introduces India’s first Indigenous MRI system
Manufacturing   -  May 28,2024
Fischer Medical Ventures Ltd (FMVL) achieves a breakthrough with India's first indigenous MRI systems, reducing dependence on imported medical devices. Developed at their AMTZ facility, the move .


Pricol continues its capex cycle with over Rs 200 crore planned for FY25
Manufacturing   -  May 24,2024
Pricol plans a Rs 200-220 crore capital expenditure in FY25 to bolster production capacities, particularly in digital instrument clusters and PCB manufacturing. With 85% capacity utilization, investme .


Bengaluru startup that makes silicon replacement for chips to scale production
Manufacturing   -  May 24,2024
NoPo Nanotechnologies, based in Bengaluru, is expanding production capacity for single-walled carbon nanotubes (SWCNTs). These advanced materials have diverse applications, from enhancing energy densi .


Hindustan Coca-Cola Beverages develops manufacturing plant at Khed, Maharashtra
Manufacturing   -  May 22,2024
Hindustan Coca-Cola Beverages is constructing a new beverage manufacturing plant in Maharashtra's Khed, expected to finish by 2026. The project, situated in Lote Parshuram Industrial Area, MIDC, .


Dalmia Bharat boosts capacity with new cement mill of 1 million tonnes
Manufacturing   -  May 22,2024
Dalmia Bharat Limited (DBL) installs a new cement mill at its Ariyalur facility in Tamil Nadu, increasing capacity by 1 million tons. With a Rs 204 crore investment, the expansion aims to meet rising .


BSH expands its Chennai facility with an investment of Rs 200 crore
Manufacturing   -  May 22,2024
BSH Home Appliances expanded its Sriperumbudur facility near Chennai with a Rs 200 crore investment for a new assembly line, aiming to increase localisation to 70%-75% by 2025. They plan to introduce .


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