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manufacturing Sector News & Updates - November 21, 2024



South Korean shoe company proposes giga factory in Telangana
Manufacturing   -  Oct 25,2024
South Korean company ShoeallS plans to invest Rs 300 crore in a state-of-the-art shoe manufacturing plant in Telangana, seeking 750 acres of land. The facility, termed a "giga factory," aims to create .


Syrma SGS sets up electronics manufacturing facility in Pune
Manufacturing   -  Oct 25,2024
Syrma SGS Technology has opened a large integrated electronics manufacturing facility in Ranjangaon, Maharashtra, spanning 26.5 acres and 1.20 million sq. ft. at peak capacity. This facility enhances .


Apple supplier Jabil mulls two more units at USD 275-million outlay
Manufacturing   -  Oct 25,2024
Apple supplier Jabil plans to invest USD 250-275 million to establish two more manufacturing units in India, expanding beyond its Pune facilities. It has signed an MoU with Tamil Nadu to build a new e .


Yamaha to invest Rs 180 crore to boost capacity in TN plant
Manufacturing   -  Oct 24,2024
India Yamaha Motor (IYM) plans to invest Rs 180 crore to expand its two-wheeler production capacity at its Vallam Vadagal plant near Chennai, creating over 400 jobs. This expansion will increase month .


IFGL Refractories, Marvels International Group form JV company
Manufacturing   -  Oct 23,2024
IFGL Refractories has approved a Joint Venture Agreement with Seychelles-based Marvels International Group Co. and China's Marvel Refractories to establish a greenfield facility in India with a c .


Dalmia Cement to set up Rs 3,000 crore plant in Madhya Pradesh
Manufacturing   -  Oct 23,2024
Dalmia Cement will invest Rs 3,000 crore in a 4-MTPA cement plant in Madhya Pradesh, powered entirely by renewable energy. The state received Rs 31,000 crore in investment proposals at the Regional In .


GNA Axles Limited approves capex plan of Rs 400 crore
Manufacturing   -  Oct 23,2024
GNA Axles Limited has approved a Rs. 400 crore Capex over 3-4 years to expand and modernize production, enhance axle shafts and spindles manufacturing, and develop capacities for Light and Electric Ve .


Hisense partners with EPACK to set up facility in Andhra Pradesh
Manufacturing   -  Oct 22,2024
Hisense has partnered with EPACK Durable to establish a manufacturing facility in Sri City, Andhra Pradesh, focusing on air conditioners and home appliances. Set to begin production in June 2025, the .


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