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Balu Forge Industries expands forging capacity
Manufacturing - May 22,2024
Balu Forge Industries Ltd (BFIL) is expanding with a new forging capacity of 72,000 tons annually in Belagavi, Karnataka. This includes acquiring three new forging production lines and integrating adv .

BSH expands its Chennai facility with an investment of Rs 200 crore
Manufacturing - May 22,2024
BSH Home Appliances expanded its Sriperumbudur facility near Chennai with a Rs 200 crore investment for a new assembly line, aiming to increase localisation to 70%-75% by 2025. They plan to introduce .

Steelbird Hi-Tech plans major expansion to boost helmet production
Manufacturing - May 21,2024
Steelbird Hi-Tech aims to sell 10 million helmets in FY24-25 by expanding its Baddi plant to 50,000 units per day with a Rs 105 crore investment and establishing a new facility in Hosur, Tamil Nadu wi .

Wabtec Corporation inaugurates Rs 230 crore plant in Rohtak
Manufacturing - May 21,2024
Wabtec Corporation inaugurated a Rs 230 crore manufacturing plant in Rohtak, Haryana, initially investing Rs 150 crore with an additional Rs 80 crore planned. The 10,000 square meter facility will pro .

Dreamtech to start manufacturing chip modules
Manufacturing - May 21,2024
Dreamtech plans to supply DRAM modules and solid-state drives to a global chip manufacturer, aiming to meet growing market demands. Operations, including surface mounting and testing, will be handled .

Siemens to invest Rs 186 crore for Metro train manufacturing facility in Maharashtra
Manufacturing - May 21,2024
Siemens will invest Rs 186 crore in a Metro train manufacturing facility in Aurangabad by 2028. The greenfield site will feature advanced technology and a skilled workforce. This complements their exi .

Artemis Medicare Services raises Rs 330 crore via CCDs
Manufacturing - May 20,2024
Artemis Medicare Services secures Rs 330 crore through Compulsorily Convertible Debentures with IFC. The fund aims to enhance bed capacity, specialty services, and patient care in Delhi NCR. It target .

Netgear plans to expand operations in India
Manufacturing - May 20,2024
Netgear, a US-based networking hardware company, announces plans to expand operations and increase its workforce in India, considering manufacturing facilities. Currently, India contributes 10% of its .