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NLC India eyes critical mineral mining capacity of 1 MTPA by FY 30
Mining - Oct 01,2024
NLC India plans to participate in upcoming auctions for critical minerals, aiming to mine 1 million tonnes annually by 2029-30. With expertise in coal and lignite mining, the company seeks to capitali .

L&T Semicon expects its chip production to start in 2 years
Manufacturing - Oct 01,2024
L&T Semiconductor Technologies plans to begin manufacturing its semiconductor products within two years, according to CEO Sandeep Kumar. The company aims to establish chip manufacturing plants after r .

L&T receives order to build energy management systems in South India
Infrastructure - Oct 01,2024
Larsen & Toubro's digital energy solutions unit has been awarded a mandate to develop and implement energy management systems at regional and state load dispatch centers in South India. The proje .

Madhya Pradesh RIC attracts over Rs 23,000 crore investments
Building Materials - Oct 01,2024
Madhya Pradesh's Regional Industry Conclave (RIC) in Sagar district attracted investment proposals exceeding Rs 23,000 crore, expected to create around 28,000 jobs. Major proposals include Gitanj .

Parag Milk Foods expands whey protein line with Rs 300 crore investment
Food Processing - Sep 30,2024
Parag Milk Foods expanded its Avvatar whey protein range, targeting a 20-25% market share by 2027-28, with a Rs 300 crore investment in Pune. Whey protein is expected to contribute 15% to revenue in 3 .

Anand Group to invest Rs 600 crore to enhance component manufacturing
Manufacturing - Sep 30,2024
Anand Group is investing Rs 600 crore this financial year as part of its Rs 3,600 crore five-year plan to enhance capabilities, particularly in electric and SUV technologies. The group, through Mahle .

GE Aerospace to ramp up sourcing from India
Manufacturing - Sep 30,2024
GE Aerospace plans to increase component sourcing from India, leveraging the country’s engineering talent and production capabilities. With a facility in Pune and a tech center in Bengaluru, the com .

CM Stalin lays foundation stone for Tata Motors' Rs 9,000 crore plant in Tamil Nadu
Manufacturing - Sep 30,2024
Chief Minister M K Stalin laid the foundation stone for Tata Motors' new manufacturing facility in Panapakkam, Tamil Nadu, with an investment of Rs 9,000 crore. The facility is expected to create .