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Schneider Electric chalks out Rs 3, 200-crore investment plan
Manufacturing - Mar 04,2024
Schneider Electric plans a Rs 3,200 crore investment to expand its industrial presence in India by 2026, adding over one million sq. ft. of manufacturing space across multiple states. The initiative a .

CG Power gets Cabinet nod for Rs 7,600 crore semiconductor unit in Gujarat
Manufacturing - Mar 01,2024
The Union Cabinet approved a semiconductor unit in Gujarat, with an investment of Rs 7,600 crore. CG Power, Renesas, and Stars Microelectronics will jointly establish the facility, focusing on special .

Tata's semiconductor fabrication plants receive govt nod
Manufacturing - Mar 01,2024
The Union Government approved the establishment of three semiconductor fabrication plants in India, with a total estimated cost of Rs 1.26 lakh crore. Tata Electronics partners with Taiwan’s PSMC fo .

Tower's foundry plan gets Cabinet approval
Manufacturing - Mar 01,2024
The Centre approved Israeli semiconductor company Tower's proposal, marking India's first pure-play chip foundry. Minister Rajeev Chandrasekhar noted India's recent strides in the semic .

L&T commissions first indigenously manufactured electrolyser at green hydrogen plant in Hazira
Manufacturing - Mar 01,2024
Larsen and Toubro have launched their first domestically produced hydrogen electrolyser at Hazira, Gujarat, marking L&T Electrolyser Ltd's debut in local electrolyser manufacturing. With a rated .

GE T&D India gets orders worth ₹370 crore from Power Grid
Manufacturing - Feb 29,2024
GE T&D India Ltd secures orders worth ₹370 crore from PGCIL for supplying 765 kV shunt reactors, aiding renewable energy integration and enhancing transmission in India. Sandeep Zanzaria emphasizes .

JTEKT India Limited to increase capacity of MS-Gear Line
Manufacturing - Feb 29,2024
JTEKT India Limited plans to expand its MS-Gear Line capacity by approximately 0.4 million units to meet rising demand from Indian OEMs. Financed through internal accruals and borrowings, the move dem .

Rs 1,358 crore investments attracted during the MSME Defense expo on Pune
Manufacturing - Feb 29,2024
Maharashtra secures investments worth Rs 1,358 crore through MoUs at the MSME Defense Expo in Moshi. Max Aerospace commits Rs 558 crore for defence equipment manufacturing in Nagpur. SBL Energy signs .