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JK Tyre & Industries to invest Rs 1400 crore in next two years
Manufacturing - Feb 07,2024
JK Tyre & Industries plans a Rs 1,400 crore investment over two years to boost capacity for truck, bus, and passenger car radials, ensuring market demand fulfillment and maintaining its radial market .

Tamil Nadu govt inks MoU with Edibon to secure Rs 540 crore investment
Manufacturing - Feb 07,2024
Spain-based Edibon signs a Rs 540 crore MoU with the Tamil Nadu government for investment. Chief Minister MK Stalin inked the agreement during his visit to Spain, engaging with industrial majors Gesta .

Thales group to establish MRO facility for civil aviation
Manufacturing - Feb 07,2024
Thales, a French electronics major, expands investments in India, establishing an MRO facility in Delhi-NCR for avionics. It emphasizes India's strategic importance across defence, aerospace, and .

Tata Group in talks with Pegatron to setup second Apple iPhone manufacturing unit in Tamil Nadu
Manufacturing - Feb 02,2024
Tata Group is in advanced talks with Pegatron to establish a second iPhone manufacturing unit in Tamil Nadu, aiding Apple's supply chain localization. The plant aims for 20 assembly lines, employ .

Govt announces outlay of Rs 6,000 crore for PLI for footwear, toys
Manufacturing - Feb 02,2024
The government plans to introduce PLI schemes for the footwear/leather and toys sectors in the next fiscal year, totaling around Rs 6,100 crore. The toys PLI is set at Rs 3,489 crore, while footwear/l .

Kalyani Powertrain lines up Rs 500 crore capex
Manufacturing - Feb 02,2024
Kalyani Powertrain, Bharat Forge's electric mobility arm, allocates up to Rs 500 crore for FY25, focusing on maintenance and projects. It aims for ICE to EV conversion, retrofitting diesel vehicl .

Wistron Corp to set up laptop making unit in India’s Karnataka
Manufacturing - Feb 01,2024
Wistron Corp of Taiwan is set to invest $180.7 million in a laptop manufacturing unit in Karnataka, India, creating 3,000 jobs and producing electric vehicle parts. Manufacturing starts in January 202 .

Dabur to invest Rs 135 crore for new manufacturing facility in south India
Manufacturing - Feb 01,2024
Dabur India plans to establish a new manufacturing unit in south India with a Rs 135 crore investment. The facility will produce ayurvedic healthcare, personal care, and home care products to meet loc .