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Zoho plans $700 million foray into chipmaking
Manufacturing - May 16,2024
Zoho plans a $700 million investment in chip manufacturing, seeking government incentives. Established in 1996, headquartered in Tamil Nadu, India, Zoho offers software globally, rivalling Microsoft a .

Flair Writing Industries Limited holds groundbreaking ceremony for new facility
Manufacturing - May 15,2024
Flair Writing Industries Limited begins construction of a new 180,000 sq ft facility in Valsad, Gujarat, featuring manufacturing units, a warehouse, and an administrative block. Additionally, a 50,0 .

Siemens announces capex of over Rs 1,000 crore
Manufacturing - May 15,2024
Siemens Limited announces major expansions in two of its Indian factories, aligning with previous capacity increases. The total capital expenditure exceeds Rs 1,000 crore, emphasizing growth and inn .

Hindustan Zinc, JK Cement and others qualify as bidders for two gold mines in Rajasthan
Manufacturing - May 14,2024
Hindustan Zinc, Jindal Power, and JK Cement, all part of the Vedanta group, are qualified bidders for gold mines in Rajasthan. The Bhukia-Jagpura and Kankriya Gara gold blocks attracted multiple techn .

Seshasayee Paper to develop revised investment strategy for Erode unit expansion
Manufacturing - May 14,2024
Seshasayee Paper and Boards Ltd is adjusting its investment strategy for pulp and paper capacity expansion following feedback from the Environment Ministry. Initially planning a 40% increase in capaci .

Netweb Technologies inaugurates high-end computing systems manufacturing facility at Faridabad
Manufacturing - May 14,2024
Netweb Technologies inaugurates India's flagship high-end computing servers, storage, and switch manufacturing facility in Faridabad, supporting the "Make in India" initiative. The facility showc .

Carborundum outlines capex plan of Rs 350 crore in FY25
Manufacturing - May 13,2024
Carborundum Universal plans a Rs 350 crore capital expenditure for the current fiscal year, notably higher than the previous five-year average. A six-tonne per month silicon carbide facility in Kerala .

SAIL-Bhilai to set up Chhattisgarh's first 15-MW floating solar plant
Manufacturing - May 13,2024
Bhilai Steel Plant (BSP), part of Steel Authority of India Limited (SAIL), plans to install Chhattisgarh's first 15MW floating solar project in Maroda-1 reservoir, aiming to reduce carbon footpri .