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manufacturing Sector News & Updates - November 22, 2024



Netweb Technologies inaugurates high-end computing systems manufacturing facility at Faridabad
Manufacturing   -  May 14,2024
Netweb Technologies inaugurates India's flagship high-end computing servers, storage, and switch manufacturing facility in Faridabad, supporting the "Make in India" initiative. The facility showc .


Seshasayee Paper to develop revised investment strategy for Erode unit expansion
Manufacturing   -  May 14,2024
Seshasayee Paper and Boards Ltd is adjusting its investment strategy for pulp and paper capacity expansion following feedback from the Environment Ministry. Initially planning a 40% increase in capaci .


Hindustan Zinc, JK Cement and others qualify as bidders for two gold mines in Rajasthan
Manufacturing   -  May 14,2024
Hindustan Zinc, Jindal Power, and JK Cement, all part of the Vedanta group, are qualified bidders for gold mines in Rajasthan. The Bhukia-Jagpura and Kankriya Gara gold blocks attracted multiple techn .


Carborundum outlines capex plan of Rs 350 crore in FY25
Manufacturing   -  May 13,2024
Carborundum Universal plans a Rs 350 crore capital expenditure for the current fiscal year, notably higher than the previous five-year average. A six-tonne per month silicon carbide facility in Kerala .


SAIL-Bhilai to set up Chhattisgarh's first 15-MW floating solar plant
Manufacturing   -  May 13,2024
Bhilai Steel Plant (BSP), part of Steel Authority of India Limited (SAIL), plans to install Chhattisgarh's first 15MW floating solar project in Maroda-1 reservoir, aiming to reduce carbon footpri .


L&T to increase power capacity of electrolyser to four MW
Manufacturing   -  May 13,2024
Larsen & Toubro (L&T) plans to increase its electrolyser power capacity to four MW, targeting domestic orders in FY25-26. After manufacturing its first one-MW electrolyser in Gujarat, it aims for a fo .


Adani Group commences commercial production of wafer and ingots
Manufacturing   -  May 13,2024
Adani Group launches commercial production of solar wafer and ingots in Gujarat, aiming for polysilicon production by 2027-28 to be India's first integrated renewable energy player. Targeting 45 .


Murugappa Group plans to invest Rs 3,000 crore on EVs
Manufacturing   -  May 13,2024
TI Clean Mobility, a Tube Investments of India Ltd subsidiary, signs ₹580 crore agreement with GEF Capital Partners for EV venture. The firm has raised ₹2,530 crore of its planned ₹3,000 crore f .


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