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manufacturing Sector News & Updates - July 4, 2024



Tresa Motors to invest Rs 500โ€“1000 crore in manufacturing and R&D facilities
Manufacturing   -  Aug 03,2023
Vinod K Dasari, the new chairman of Tresa Motors, an OEM producer of medium and large electric trucks, stated that the company plans to invest between 500 and 1000 crore in setting up manufacturing an .


YEIDA intends to develop multiple industrial parks in sector 10 of Greater Noida
Manufacturing   -  Aug 03,2023
The Yamuna Motorway Industrial Development Authority (YEIDA) plans to construct several new industrial parks in Greater Noida's Sector 10. These parks include a handloom park, an electric vehicle .


Karnataka govt & IBC sign MoU to establish recyclable Lithium-ion battery plant
Manufacturing   -  Aug 02,2023
The Karnataka government and the US-based International Battery Company (IBC) signed an MoU to set up a recyclable lithium-ion battery manufacturing facility in the state for a Rs 8,000 crore (USD 1 B .


Bosch to increase manufacturing in India over the next two to four years
Manufacturing   -  Aug 02,2023
Bosch Ltd, the Indian subsidiary of Robert Bosch GmbH, aims to boost manufacturing in India within the next two to four years. The company plans to reduce imports of components, which led to a 12% inc .


Government likely to give approval for chip fab project in next 2 months: Darshan Hiranandani
Manufacturing   -  Aug 01,2023
The Hiranandani real estate conglomerate, through its company Tarq Semiconductors, plans to venture into the semiconductor industry with a compound semiconductor fab project in Uttar Pradesh. The comp .


Electronic manufacturing cluster in North Goa to commence operation from March 2024: Minister
Manufacturing   -  Jul 31,2023
Goa's Information Technology Minister, Rohan Khaunte, announced that the electronic manufacturing cluster (EMC) in North Goa will be operational from March 2024. The project, with a total cost of .


US-based Silicon Power Group to invest $121.7 Million in Semiconductor Plant in Odisha
Manufacturing   -  Jul 31,2023
The US-based Silicon Power Group will invest $121.73 million to establish a silicon carbide manufacturing facility in Odisha. Silicon carbide is a crucial component for semiconductors used in electric .


Micron all set to establish India's first semiconductor facility in Gujarat
Manufacturing   -  Jul 31,2023
Micron Technology, a US-based semiconductor manufacturer, announced plans to build Gujarat's first chip facility in India. This project is expected to create 5,000 direct jobs and 15,000 indirect .


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