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Manufacturing Sector News & Updates - May 20, 2024



UFlex inks agreement for supply of renewable power for its packaging films plant in Karnataka
Manufacturing   -  Apr 26,2024
UFlex Limited has signed a long-term Power Purchase Agreement with Amplus Phoenix Private Limited for renewable power. The solar plant in Dharwad, Karnataka, will supply UFlex's Packaging Films .


Funskool fuels expansion, to transform India into global hub for toys production
Manufacturing   -  Apr 18,2024
Funskool India expands manufacturing in Tamil Nadu, advancing India's role in global toy production. The expansion at Ranipet doubles production capacity, encompassing plastic and wooden toys. .


Raptee launches first electric motorcycle from Chennai
Manufacturing   -  Apr 18,2024
Raptee, an EV startup, launches its debut electric motorcycle from Chennai. The plant is fully operational, gearing up for commercial launch this quarter. The motorcycles undergo rigorous testing for .


Ramkrishna Forgings secures Rs 270 crore order for Vande Bharat Trainset
Manufacturing   -  Apr 17,2024
Ramkrishna Forgings stock rose by 2.58% to Rs 706.95 following a significant order worth Rs 270 crore from BHEL-TRSL consortium for Vande Bharat Trainset supply. The project involves developing and .


Zoho plans to venture into power tools manufacturing
Manufacturing   -  Apr 16,2024
Zoho, a cloud software provider, expands into power tools manufacturing with 'Karuvi', aiming to boost job creation. Inspired by a customer, the initiative began two years ago, now involving .


Thermax unveils new state-of-the-art manufacturing unit for water and waste solutions
Manufacturing   -  Apr 16,2024
Thermax inaugurated a cutting-edge manufacturing facility in Pune for water treatment solutions, reflecting its commitment to sustainability. The plant expands its Water and Waste Solutions business, .


Takasago International India plans major expansion
Manufacturing   -  Apr 15,2024
Takasago International India's Managing Director, Shaheel TTP, announced major expansion plans in India, highlighting the company's robust growth and positive outlook. Since its 2014 incepti .


Tropical Agrosystem to invest Rs 100 crore for new units in WB, TN
Manufacturing   -  Apr 15,2024
Tropical Agrosystem plans to expand its market with new manufacturing facilities in Tamil Nadu and West Bengal. V K Jhaver, the founder, revealed that the projects will commence soon, with potential l .


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