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manufacturing Sector News & Updates - November 24, 2024



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 .


Hindustan Aeronautics establishes JV With Safran for helicopter engines
Manufacturing   -  Nov 14,2023
Hindustan Aeronautics Ltd. (HAL) has established "Safhal Helicopter Engines Pvt Ltd" in a joint venture with Safran Helicopter Engines. The collaboration aims to design, develop, and support helicopte .


Delsey Paris eyes India as manufacturing hub
Manufacturing   -  Nov 14,2023
Davide Traxler, the CEO of Delsey Paris, luxury European luggage manufacturer, plans to establish India as a manufacturing hub, recognizing its significance and aiming to more than double revenue in t .


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