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manufacturing Sector News & Updates - July 24, 2024



Toyota Kirloskar Motor sets aside a capex of Rs 3,300 crore to establish new plant in Karnataka
Manufacturing   -  Nov 22,2023
Toyota Kirloskar plans to invest Rs 3,300 crore to build its third plant in Bidadi, Karnataka, with production expected to begin in 2026. The new facility aims to manufacture one lakh units annually i .


Suzuki to set up 4 Bio-CNG plants in North Gujarat
Manufacturing   -  Nov 21,2023
Suzuki collaborates with Banas Dairy for four Bio-CNG units in North Gujarat, promoting sustainable mobility. Maruti Suzuki's Director of Sustainability, Kenichiro Toyofuku, highlighted the Amul .


Odisha govt approves transformative projects worth Rs 1397.18 crore
Manufacturing   -  Nov 20,2023
The Odisha government approves eight projects, attracting over Rs 1,397 crore in investments across six districts. These ventures are expected to generate employment for 2,860 state residents. Notably .


Dabur looking to establish new factory in South India
Manufacturing   -  Nov 20,2023
Dabur plans to establish a new factory in South India within a year to accommodate regional business growth. CEO Mohit Malhotra notes 20% of domestic sales come from South India, doubling in the last .


Dell, HP, Foxconn among 27 firms granted approval under new IT hardware PLI scheme
Manufacturing   -  Nov 20,2023
The Central government approves 27 companies, including Dell, HP, and Foxconn, under the new PLI scheme for IT hardware, signaling India's ambitions to become a global hub for hi-tech manufacturi .


Tata Group explores land to establish semiconductor chip assembly unit
Manufacturing   -  Nov 20,2023
Tata Group is in the early stages of establishing a local semiconductor manufacturing ecosystem. Exploring property in Tamil Nadu, Karnataka, and Telangana, they prioritize an Assembly, Testing, Monit .


Crocs footwear manufacturing facility in Tamil Nadu to commence operation soon
Manufacturing   -  Nov 17,2023
JR One Footwear Pvt Ltd, based in Tamil Nadu, is set to begin shoe production. The joint venture between Phoenix Kothari Footwear Ltd and Shoetown Footwear Co, located in Perambalur, aims to produce C .


Aequs secures contract from Airbus for supply of critical aircraft components
Manufacturing   -  Nov 16,2023
Aequs, a manufacturer of aerospace components, signs a significant deal with Airbus to supply crucial parts for the A320 family, A330neo, and A350 aircraft for over a decade. The agreement includes th .


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