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manufacturing Sector News & Updates - November 23, 2024



Finolex Cables to double optic fibre cable capacity with Rs 580 crore outlay
Manufacturing   -  Feb 21,2024
Finolex Cables plans to invest Rs 580 crore in Maharashtra to double its optic fibre cables capacity to 10 million fibre km annually, anticipating increased demand from the 5G rollout. The expansion i .


Tata group companies to invest Rs 2,300 crore in manufacturing, R&D hub in Karnataka
Manufacturing   -  Feb 20,2024
Tata Group subsidiaries Air India and Tata Advanced Systems plan a Rs 2,300 crore investment in Karnataka for an MRO facility, aiming to make Bengaluru a regional aviation hub. This move is expected t .


RenewSys inks MoU with Telangana govt for PV modules manufacturing units
Manufacturing   -  Feb 20,2024
RenewSys India has inked an MoU with the Telangana government to establish multiple PV module and cell manufacturing facilities in the state, investing Rs 6,000 crore over five years. The agreement, s .


Tata Group seeks to partner with Taiwanese firm for Dholera plant
Manufacturing   -  Feb 20,2024
Tata Group explores partnerships with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group for its chip fabrication plant in Dholera, Gujarat. The plant aims to .


Apollo Micro Systems to manufacture Unmanned Aerial Systems and Unmanned Ground Systems
Manufacturing   -  Feb 20,2024
Apollo Micro Systems, based in Telangana, marks its 40th year with plans to expand its manufacturing infrastructure at Hardware Park-2 in Hyderabad. The expansion includes missile and subsystem manufa .


Balrampur Chini announces Rs 2,000-crore capex for bioplastic plant
Manufacturing   -  Feb 20,2024
Balrampur Chini Mills (BCML) initiates a Rs 2,000 crore project for India's first industrial bioplastic plant, focusing on polylactic acid (PLA) manufacturing. Aligned with national sustainabilit .


Top official from Ashok Leyland outlines future objectives
Manufacturing   -  Feb 20,2024
Ashok Leyland aims to become a top 10 global commercial vehicle manufacturer and achieve net-zero emissions by 2048. Their growth strategy includes expansion into global markets and the electric vehic .


JSW to invest Rs 65,000 crore for integrated steel complex in Odisha
Manufacturing   -  Feb 19,2024
JSW Steel and JSW group will invest Rs 65,000 crore to establish an integrated manufacturing complex in Odisha's Jagatsinghpur district. The project includes a steel plant, power plant, cement un .


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