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manufacturing Sector News & Updates - November 24, 2024



Vikas Ecotech announces foray in conventional energy segment
Manufacturing   -  Aug 09,2023
Vikas Ecotech Limited (VEL) ventures into the conventional energy sector, securing a Rs 20 crore coal supply order from Prism Johnson. The order, sponsored by the Rajan Raheja Group, will be completed .


Godrej Consumer board approves investment of Rs 900 crore for setting up new manufacturing sites
Manufacturing   -  Aug 08,2023
Godrej Consumer Products Ltd has approved a capital investment of Rs 900 crore for new production facilities in Tamil Nadu and Madhya Pradesh. The sites are expected to open in 18-36 months, funded by .


JSW Steel, Japan's JFE to establish JV for production of CRGO steel
Manufacturing   -  Aug 07,2023
JSW Steel and JFE Steel Corporation have formed a joint venture (JV) company in India to produce cold rolled grain oriented electrical steel (CRGO). JSW Steel, with a 15% ownership by a Japanese compa .


Insecticides India purchases industrial site for expansion project
Manufacturing   -  Aug 04,2023
Insecticides (India) Limited acquired a 58,000-square-meter industrial site in Sotanala, Alwar, Rajasthan, aiming to build a cutting-edge manufacturing facility. The move aligns with the company' .


GlobalFoundries looking for local partners to establish India chip fab
Manufacturing   -  Aug 03,2023
GlobalFoundries is seeking regional partners to establish a chip fabrication facility, possibly in India due to the availability of talent. Previous talks with local businesses didn't work out du .


Telangana Cabinet approves 309 km of Hyderabad Metro expansion
Manufacturing   -  Aug 03,2023
The Telangana state cabinet approved the expansion plans for Hyderabad Metro Rail Limited (HMRL) with an estimated cost of Rs 69,100 crore. The proposal aims to add 309 km of metro rail services to th .


Tresa Motors to invest Rs 500โ€“1000 crore in manufacturing and R&D facilities
Manufacturing   -  Aug 03,2023
Vinod K Dasari, the new chairman of Tresa Motors, an OEM producer of medium and large electric trucks, stated that the company plans to invest between 500 and 1000 crore in setting up manufacturing an .


YEIDA intends to develop multiple industrial parks in sector 10 of Greater Noida
Manufacturing   -  Aug 03,2023
The Yamuna Motorway Industrial Development Authority (YEIDA) plans to construct several new industrial parks in Greater Noida's Sector 10. These parks include a handloom park, an electric vehicle .


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