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Siemens to invest Rs 416 crore for expanding manufacturing capacity
Manufacturing - Dec 05,2023
Siemens Ltd, the Indian flagship of German company Siemens AG, plans a Rs 416 crore investment to expand manufacturing capacity for medium voltage switchgear vacuum interrupters and power transformers .

Uno Minda to spend Rs 2,000 crore on capacity expansion
Manufacturing - Dec 05,2023
Uno Minda Ltd. plans a significant expansion initiative to boost manufacturing capacity, setting aside a capex of ₹2,000 crore for expansion over the next few years. The auto component manufacturer .

PCBL teams up with Australia's Kinaltek Pty in nano silicon technology for EV battery application
Manufacturing - Dec 01,2023
The board of PCBL has approved a joint venture with Australia's Kinaltek Pty, marking an entry into the expanding battery application market. PCBL will own 51% of the joint venture, investing $16 .

Padget Electronics inaugurates new manufacturing plant in Noida
Manufacturing - Dec 01,2023
Padget Electronics, a subsidiary of Dixon Technologies, has inaugurated a new manufacturing plant in the Noida district of Uttar Pradesh, aimed at increasing Domestic Value Addition in the smartphone .

NIFCO South India Manufacturing to invest Rs 288 crore in Karnataka
Manufacturing - Dec 01,2023
The Karnataka government signed an MoU with NIFCO South India Manufacturing Pvt Ltd, a subsidiary of Nifco Korea, for a new automotive plastic components factory. With an investment of Rs 288 crore, t .

Tata to expand iPhone case manufacturing at Hosur
Manufacturing - Nov 30,2023
The Tata Group plans to expand its iPhone case manufacturing facility in Hosur, potentially quadrupling its size from the current 500 acres and employing an additional 25,000–28,000 personnel. With .

Tamil Nadu to establish footwear park at an outlay of Rs 400 crore: CM Stalin
Manufacturing - Nov 30,2023
Tamil Nadu Chief Minister M K Stalin has announced plans to establish a footwear manufacturing park on a 250-acre plot, costing Rs 400 crore and creating 20,000 jobs in the Ranipet neighborhood. Stali .

Gensol Engineering to produce electric reverse trike
Manufacturing - Nov 28,2023
Gensol Engineering, associated with BluSmart startup, is entering the electric vehicle manufacturing sector, with plans to launch an electric three-wheeler in early 2024. Acquiring EV startup Strom In .