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SK Hynix denies negotiation with SRAM & MRAM for chip plant
Manufacturing - Aug 14,2023
South Korean company SK Hynix has denied engaging in negotiations with SRAM & MRAM Group for an Indian semiconductor testing or manufacturing facility. SRAM & MRAM Group had earlier indicated talks wi .

Nibav in talks with global PE firms to raise $100 milion by November
Manufacturing - Aug 11,2023
Chennai-based house lift manufacturer Nibav Home Lifts aims to secure $100 million by November. The company plans to use the funds for expanding production, marketing, and research, along with global .

Godrej Consumer Products inks MoU with Tamil Nadu government, new facility to be set up at Rs 515 crore
Manufacturing - Aug 11,2023
Godrej Consumer Products Limited (GCPL) has unveiled a Memorandum of Understanding (MoU) with the Tamil Nadu state government. The agreement outlines GCPL's investment of Rs 515 crore over five y .

Muttiah Muralitharan's Ceylon Beverages to establish plant for cans in Dharwad
Manufacturing - Aug 10,2023
Ceylon Beverage Can, backed by Muttiah Muralitharan, plans a Rs. 440 crore investment to establish an operational aluminum can and beverage filling plant in Mummigatti, Karnataka. They seek 26 acres o .

Gujarat govt signs MoUs with four companies for Rs. 1113 crore investment in the State
Manufacturing - Aug 09,2023
In preparation for the 2024 Vibrant Gujarat conference, the state government and four corporations signed MoUs for a total investment of Rs. 1113 crore. Meghmani Crop Nutrition Ltd will construct a $3 .

Vikas Ecotech announces foray in conventional energy segment
Manufacturing - Aug 09,2023
Vikas Ecotech Limited (VEL) ventures into the conventional energy sector, securing a Rs 20 crore coal supply order from Prism Johnson. The order, sponsored by the Rajan Raheja Group, will be completed .

Godrej Consumer board approves investment of Rs 900 crore for setting up new manufacturing sites
Manufacturing - Aug 08,2023
Godrej Consumer Products Ltd has approved a capital investment of Rs 900 crore for new production facilities in Tamil Nadu and Madhya Pradesh. The sites are expected to open in 18-36 months, funded by .

JSW Steel, Japan's JFE to establish JV for production of CRGO steel
Manufacturing - Aug 07,2023
JSW Steel and JFE Steel Corporation have formed a joint venture (JV) company in India to produce cold rolled grain oriented electrical steel (CRGO). JSW Steel, with a 15% ownership by a Japanese compa .