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Manufacturing Sector News & Updates - March 24, 2026



Pinnacle Industries to boost production with new facility in MP
Manufacturing   -  May 30,2024
Pinnacle Industries plans a new manufacturing unit in Pithampur, MP, for advanced ambulances and railway seating. Operational by March next year, it includes an R&D center for continuous product impro .


Welspun Living achieves record revenue and announces major expansion projects
Manufacturing   -  May 29,2024
Welspun Living achieves record revenue of Rs. 98,251 crore in FY24. Expanding capacities include Jacquard towel plant in Anjar, adding 6,400 MTPA, and greenfield pillow manufacturing project in Ohio, .


Jupiter Wagons to invest Rs 1,500 crore over two years
Manufacturing   -  May 28,2024
Jupiter Wagons plans a Rs. 1,500 crore investment over two years to diversify its business and boost revenue from wagon manufacturing, railway components, commercial vehicles, and containers. The inve .


Fischer Medical Ventures introduces India’s first Indigenous MRI system
Manufacturing   -  May 28,2024
Fischer Medical Ventures Ltd (FMVL) achieves a breakthrough with India's first indigenous MRI systems, reducing dependence on imported medical devices. Developed at their AMTZ facility, the move .


Race for investments to fund industrial projects in UP
Manufacturing   -  May 24,2024
Between 2019 and 2022, India attracted $142.29 billion in foreign direct investments. Uttar Pradesh notably improved in Ease of Doing Business, climbing from 14th to 2nd position in 2018. It advanced .


Pricol continues its capex cycle with over Rs 200 crore planned for FY25
Manufacturing   -  May 24,2024
Pricol plans a Rs 200-220 crore capital expenditure in FY25 to bolster production capacities, particularly in digital instrument clusters and PCB manufacturing. With 85% capacity utilization, investme .


Bengaluru startup that makes silicon replacement for chips to scale production
Manufacturing   -  May 24,2024
NoPo Nanotechnologies, based in Bengaluru, is expanding production capacity for single-walled carbon nanotubes (SWCNTs). These advanced materials have diverse applications, from enhancing energy densi .


Kluber Lubrication announces an investment of Rs 142 crore
Manufacturing   -  May 23,2024
Kluber Lubrication is investing Rs 142 crore to expand its Mysore facility by 2027, emphasizing 'Make in India'. The expansion aims to enhance domestic production, achieve new certifications .


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