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Manufacturing Sector News & Updates - July 27, 2024



Hi-Tech Pipes targets 13.5 MW solar capacity by December 2024
Manufacturing   -  Jul 23,2024
Hi-Tech Pipes aims to achieve 13.5 MW of renewable energy capacity for captive use by December 2024, covering 30% of its power needs. Currently, it has 8.5 MW of installed solar power and is adding 5 .


Tamil Nadu CM Stalin to lay foundation for JLR-TaMo manufacturing unit
Manufacturing   -  Jul 23,2024
Tamil Nadu Chief Minister M.K. Stalin will lay the foundation for the Rs. 9,000 crore JLR and Tata Motors facility in Ranipet next month. JLR will produce luxury electric vehicles, while Tata Motors w .


US-based Protonas to set up PEM hydrogen cell plant near Chennai
Manufacturing   -  Jul 22,2024
US-based Protonas plans to establish a manufacturing unit near Chennai, Tamil Nadu, for low-cost PEM hydrogen fuel cells. Funded by Transition VC and other venture funds, the company will focus on pro .


Brakes India sets sight on Rs 1,000 crore capex for five-year expansion plan
Manufacturing   -  Jul 19,2024
Brakes India plans to invest ₹250-300 crore annually over the next five years, aiming to exceed ₹1,000 crore total capital expenditure. The company is expanding its foundry capacity in Gujarat to .


JSW MG Motor to invest Rs 3,000 crore in India by 2025
Manufacturing   -  Jul 19,2024
JSW MG Motor India plans to invest Rs 3,000 crore by 2025 to expand capacity and launch five new vehicles, including electric and internal combustion models. This investment will triple production cap .


Vibhor Steel Tubes doubles steel capacity at plant in Telangana
Manufacturing   -  Jul 18,2024
Vibhor Steel Tubes (VSTL) has doubled its special steel manufacturing capacity in Telangana to 48,000 tonnes. The company has also opened a new galvanizing iron unit to boost crash barrier production. .


EV startup River Mobility exploring Telangana for Rs 1,000 crore manufacturing facility
Manufacturing   -  Jul 17,2024
Bengaluru-based EV startup River Mobility Pvt Ltd is considering Telangana for a Rs 1,000 crore manufacturing plant to meet rising demand for electric vehicles in India. The company is negotiating wit .


RITES wins Rs 42 crore road development project from Assam govt
Manufacturing   -  Jul 17,2024
Rites Ltd has secured two significant orders: a Rs 50.18 crore consultancy contract from Assam’s Public Works Roads Department for monitoring and quality control of 47 roads under the Asom Mala 2.0 .


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