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Pavna Industries acquires land in Uttarakhand for enhanced sectoral presence
Manufacturing - Jun 10,2024
Pavna Industries procures a 4,335 sq. mtrs. land at Pantnagar, Uttarakhand, for a greenfield plant catering to die cast component demand. Leveraging logistics and cost benefits, it aims to bolster pre .

Zoho earmarks $200 million for semiconductor fab, applies for licence
Manufacturing - Jun 07,2024
Zoho Corporation plans to build a compound semiconductor fabrication plant (fab) in Tamil Nadu, earmarking $200 million for the project. The venture, potentially attracting $600 million in net investm .

French shoemaker Kicker to enter India soon
Manufacturing - Jun 06,2024
Chennai-based Kothari Industrial Corp. has partnered with France's Royer Group to introduce the Kickers brand to India, marking its entry into the retail sector. This alliance grants KICL the opp .

Tembo Global Industries expands manufacturing facility in Vasai
Manufacturing - Jun 05,2024
Tembo Global Industries is expanding its manufacturing facility in Vasai to increase capacity significantly. In 2023, it ventured into EPC contracts, securing orders worth Rs 300 crore. For Q1 2024, t .

Tower’s proposal emerges as India’s best bet for semiconductor manufacturing in India
Manufacturing - Jun 05,2024
Israel-based Tower Semiconductors has been eyeing India for a fabrication plant, awaiting approval from the India Semiconductor Mission and Ministry of Electronics and IT. Despite concerns about its 6 .

Amara Raja explores new partnership for lithium-ion cell manufacturing
Manufacturing - Jun 05,2024
Amara Raja is seeking partnerships to bolster its lithium-ion cell manufacturing capabilities for its upcoming giga factory. Executive Director Vikramadithya Gourineni revealed ongoing discussions for .

REnergy Dynamics forays into renewables
Manufacturing - May 31,2024
REnergy Dynamics (RED) ventures into renewable energy, targeting a Rs 5,000 crore order book by 2029. Currently holding projects worth Rs 575 crore. Focus areas include large-scale bioenergy projects, .

L&T Switchgear rebrands to Lauritz Knudsen
Manufacturing - May 30,2024
L&T Switchgear rebrands as Lauritz Knudsen after Schneider Electric acquisition in 2020. The company plans to invest Rs 850 crore by 2026 in manufacturing, R&D, and innovation. Peter Herweck, CEO of S .