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TAFE plans Rs 180 crore expansion
Manufacturing - May 07,2024
TAFE, an Amalgamations group company, intends to invest Rs 180 crore for capacity expansion this fiscal year. With Rs 40 crore allocated for a new harvest implement manufacturing facility in Chennai, .

Swiss Military Consumer Goods acquires land and building at Faridabad
Manufacturing - May 06,2024
Swiss Military plans to establish its first fully owned manufacturing unit in Faridabad, Haryana, with an initial investment of Rs 56.5 crore. The unit, dedicated to luggage and travel gear, will cove .

CEAT to expand tyre manufacturing capacity at Chennai plant
Manufacturing - May 06,2024
CEAT is set to expand its manufacturing capacity at its Chennai plant with an estimated Rs 750 Crore investment for FY25. The goal is to increase production to 45,000 tyres per month, focusing on the .

Morgan Stanley PE, India Life Sciences Fund inject Rs 1,000 crore into Maiva
Manufacturing - May 03,2024
Maiva Pharma secured Rs 1,000 crore in funding from Morgan Stanley Private Equity Asia and India Life Sciences Fund. The investment, comprising primary and secondary funding, will facilitate the estab .

Rockwell Automation to open new manufacturing facility in Chennai
Manufacturing - May 02,2024
U.S.-based Rockwell Automation plans to open a 98,000 sq. ft. manufacturing facility in Chennai, Tamil Nadu, expected to be operational by the first half of 2025. Located at Sholinganallur SEZ, it ali .

Remsons Industries and Daiichi Infotainment Systems incorporate joint venture company
Manufacturing - Apr 30,2024
Remsons Industries Limited and Daiichi Infotainment Systems Private Limited have formed a joint venture, Daiichi Remsons Electronics Private Limited, with equal capital stakes. The new entity, with an .

Japan's Sharp to invest $3-5 billion in India’s semiconductor future
Manufacturing - Apr 29,2024
Sharp Corporation plans a $3-5 billion investment in India for a display fab semiconductor factory, crucial for TV and digital screen production. Meetings with India's Communications Minister s .

UFlex inks agreement for supply of renewable power for its packaging films plant in Karnataka
Manufacturing - Apr 26,2024
UFlex Limited has signed a long-term Power Purchase Agreement with Amplus Phoenix Private Limited for renewable power. The solar plant in Dharwad, Karnataka, will supply UFlex's Packaging Films .