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manufacturing Sector News & Updates - November 24, 2024



South Korea firms visit Dholera SIR to explore business opportunities
Manufacturing   -  Sep 14,2023
South Korean companies have visited the Dholera Special Investment Region (SIR) in India to investigate potential business prospects. This visit reflects growing interest from South Korea in the Dhole .


Danfoss India inaugurates new facility near Chennai
Manufacturing   -  Sep 11,2023
Danfoss India has officially opened a new manufacturing facility near Chennai. This state-of-the-art facility will cater to the production of advanced, energy-efficient heating, ventilation, and air c .


Dynamic Cables Limited board gives approval for expansion plan
Manufacturing   -  Sep 11,2023
The board of Dynamic Cables Limited has approved an expansion plan. The details of the expansion, such as its scale and objectives, are not provided in the summary. However, this decision likely refle .


Exide Industries to invest more than Rs 100 crore in Exide Energy Solutions Ltd
Manufacturing   -  Sep 10,2023
Exide Industries is set to invest over Rs 100 crore in Exide Energy Solutions Ltd. This substantial investment reflects Exide's commitment to its energy solutions division and signifies a signifi .


Panasonic to invest another Rs 300 crore in Andhra Pradesh facility by 2026
Manufacturing   -  Sep 10,2023
Panasonic has announced plans to invest an additional Rs 300 crore in its facility in Andhra Pradesh by 2026. This investment signifies the company's commitment to expanding its operations in the .


Tata Electronics intends to raise Rs 500 crore loan for Tamil Nadu unit
Manufacturing   -  Sep 10,2023
Tata Electronics plans to secure a loan of Rs 500 crore to support its operations in Tamil Nadu. This funding will aid in the expansion and development of its unit in the state, contributing to the gr .


Cabinet approves Rs 3,760 crore for battery energy storage system
Manufacturing   -  Sep 07,2023
The Indian government, under Union Minister Anurag Thakur, has allocated Rs 3,760 crore for a 4,000 MWh battery energy storage system, covering up to 40% of the total capital cost. The entire funding .


Hero Moto Corp to invest anadditional Rs 550 crore in Ather Energy
Manufacturing   -  Sep 06,2023
Hero MotoCorp plans to invest Rs 550 crore in Ather Energy through a rights issue, pending final agreements and transaction requirements. Prior to this, Hero MotoCorp owned 33.1 percent of Ather. Athe .


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