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Odysse Electric looking to raise USD 5-10 million for expansion
Automotive Industries - Apr 23,2024
Odysse Electric plans to raise USD 5-10 million to fuel growth initiatives, including new product development and expanding manufacturing capabilities for the mass market. CEO Nemin Vora stated that t .

SDLG opens its maiden manufacturing facility in Bengaluru
Automotive Industries - Apr 23,2024
SDLG, a Volvo Group member, inaugurated its first manufacturing plant in Peenya, Bengaluru. With a capacity of 1,000 machines annually per shift, it focuses on five products. SDLG's growth machin .

Rajoo Engineers ramps up facility expansion in Gujarat
Manufacturing - Apr 23,2024
Rajoo Engineers has expanded its facility in Rajkot, Gujarat, tripling its manufacturing capacity to meet growing demand for plastic processing machinery. The new factory, covering 18,000 sq. mtrs., s .

Sterling Tools inks deal with Korean firm for EV component manufacturing
Automotive Industries - Apr 22,2024
Sterling Tools, an automotive fastener manufacturer, signed an MoU with South Korea’s Yongin Electronics, supplier to Hyundai Kia Motor Group, expecting Rs 250 crore business over 5 years. A new man .

IREDA sets up office in GIFT City
Power Generation - Apr 22,2024
IREDA has opened an office in GIFT City, Gandhinagar, to offer foreign currency debt assistance for renewable energy and green hydrogen projects, reducing financing costs. This supports India's N .

Avon Defence Systems launches its new facility at TSIIC Hardware Park
Manufacturing - Apr 22,2024
Avon Defence Systems Pvt inaugurated a new facility at TSIIC Hardware Park, Telangana. CEO Srikanth Reddy Aileni emphasized indigenous defense solutions. CTO Raghuveer Reddy outlined technical goals. .

Amara Raja Infra secures 500 MW solar project from Greenko
Power Generation - Apr 22,2024
Amara Raja Infra Pvt Ltd secures a 700 MWp solar project from Greenko in Andhra Pradesh, boosting their order book to Rs 1,516 crore. The project, spanning 2,200 acres near Uyyalavada Town, Kurnool, i .

Bhansali Engineering Polymers to expand ABS production capacity
Chemicals - Apr 22,2024
Bhansali Engineering Polymers Limited plans a significant expansion of Acrylonitrile Butadiene Styrene (ABS) production capacity from 75,000 to 200,000 TPA at existing plants in Rajasthan and Madhya P .