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manufacturing Sector News & Updates - November 21, 2024



Paizat Electronics to establish Rs 300 crore manufacturing unit in Noida
Manufacturing   -  Nov 06,2024
The Uttar Pradesh Cabinet approved a proposal to issue a letter of comfort to Ms Paizat Electronics Private Limited under the UP Electronics Manufacturing Policy-2020. The company plans to invest Rs 3 .


China's Haier plans joint venture with JSW group
Manufacturing   -  Nov 05,2024
Haier Group plans a joint venture with India's JSW Group, proposing a Rs 1,000 crore investment. Due to India's Press Note 3 of 2020, the Chinese firm’s proposal requires government approv .


SANY India secures 1.6 GW wind turbine contracts
Manufacturing   -  Nov 04,2024
SANY India has entered India’s renewable energy sector through SANY Wind Energy India, securing 1.6 GW in wind turbine contracts, including 1,324 MW with JSW Group subsidiaries and 300 MW with Sembc .


AM/NS to set up Rs 1.4 lakh-crore steel plant in Andhra Pradesh
Manufacturing   -  Nov 04,2024
ArcelorMittal Nippon Steel (AM/NS) India plans to invest Rs 1.4 lakh crore in a 17.8 million tonne integrated steel project in Anakapalli, Andhra Pradesh. The first phase includes a 7.3 million tpa bl .


NTPC issues tender for 300 MW EPC package near NTPC Anta
Manufacturing   -  Nov 01,2024
NTPC Renewable Energy Limited has invited bids for the EPC of a 300 MW ground-mounted solar power project near NTPC Anta, Rajasthan, due by December 12, 2024. The project encompasses design, construct .


PM inaugurates Lyfius Pharma’s Penicillin-G facility in Andhra Pradesh
Manufacturing   -  Nov 01,2024
Lyfius Pharma inaugurated a Rs 2,500 crore Pen-G manufacturing facility in Kakinada, Andhra Pradesh, with a 15,000 MT annual capacity under India’s PLI Scheme. Virtually launched by PM Modi, the fac .


BASF, AM Green announce signing of MoU
Manufacturing   -  Oct 30,2024
BASF and AM Green B.V. have signed a memorandum of understanding to explore business opportunities for low-carbon chemicals produced using renewable energy in India. The agreement, signed during the A .


Senvion India to double turbine capacity by 2026
Manufacturing   -  Oct 30,2024
Senvion India aims to double its manufacturing capacity to 2 GW by 2026, investing over USD 100 million (about Rs 840 crore) in R&D and supply chain enhancements. Recently, it launched a 4.2 MW wind t .


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