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manufacturing Sector News & Updates - November 24, 2024



Tamil Nadu Cabinet approves projects worth Rs 7,000 crore
Manufacturing   -  Nov 02,2023
The Tamil Nadu Cabinet has greenlit structured packages for eight investment projects amounting to Rs 7,000 crore. These projects span the glass manufacturing, aerospace, electric vehicle (EV) compone .


L&T to foray into fabless semiconductor chip design
Manufacturing   -  Nov 01,2023
Larsen and Toubro (L&T), a key player in engineering, is entering the fabless semiconductor chip design arena with a newly established subsidiary. With an authorized investment of Rs 830 crore, L&T em .


Tube Investments of India to invest Rs 211 crore in a greenfield unit near Pune, Maharashtra
Manufacturing   -  Oct 31,2023
Tube Investments of India (TII) is set to invest Rs 211 crore in a new precision steel tube manufacturing plant in Pune, Maharashtra. This greenfield facility, approved by the Murugappa Group's b .


Sahasra Semiconductors commences production at Bhiwadi unit
Manufacturing   -  Oct 31,2023
Rajasthan-based Sahasra Semiconductors has commenced commercial production of the first "Made in India" memory chips, outpacing Micron. Production began at its semiconductor assembly, testing, and pac .


UltraTech sets aside a capex of Rs 13,000 crore to add production capacity by 21.9 MTPA
Manufacturing   -  Oct 30,2023
UltraTech, a cement manufacturer, is investing Rs 13,000 crore in the third phase of expansion to increase its annual production capacity by 21.9 million tonnes, reaching a total capacity of 182 MTPA. .


Uttar Pradesh aims to attract over Rs 1,000 crore investment for its first Toy Park in Noida
Manufacturing   -  Oct 30,2023
The Toy Park in Uttar Pradesh aims to disrupt the Chinese monopoly in the local toy market, creating 6,000 jobs and supporting small businesses. While the production hub will be completed by year-end, .


HAL inks deal with Safran to manufacture jet engine parts in India
Manufacturing   -  Oct 30,2023
Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have joined forces to enhance ring forging production for commercial engines. HAL will manufacture engine forgings for LEAP engines, whi .


John Cockerill India bags contract worth Rs 280 crore
Manufacturing   -  Oct 26,2023
The Tinplate Company of India (TCIL) has awarded John Cockerill India (JCIL) a Rs 280 crore contract for a continuous annealing line (CAL) installation in Jamshedpur. The project entails engineering .


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