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manufacturing Sector News & Updates - May 20, 2024



TVS Motor draws up Rs 1,000 crore capex in FY25
Manufacturing   -  May 09,2024
TVS Motor Company plans a Rs 1,000 crore capex for FY25, unveiling new ICE and electric two-and three-wheelers. It will introduce various versions of its electric scooter iQube, catering to diverse ba .


Elantas Beck India Limited to purchase vacant land for expansion and new projects
Manufacturing   -  May 09,2024
Elantas Beck India Limited's Board approved the purchase of 35 acres of land in Bharuch, Gujarat, for Rs. 67 crore, using internal funds. The land will facilitate future expansion and new project .


BENZ Packaging acquires 1.5-acre land for new plant in Haryana
Manufacturing   -  May 08,2024
BENZ Packaging has acquired 1.5 acres of land in Haryana for a new manufacturing facility, investing over Rs 50 crore. The plant will showcase advanced manufacturing capabilities, meeting rising produ .


Bridge & Roof Co.invites bids to select engineering consultant for CGD project
Manufacturing   -  May 08,2024
Bridge & Roof Company seeks bids for engineering consultants for city gas distribution (CGD) projects in Eastern India. Tasks include process, pipeline, and station design, electrical work, civil and .


Wildcraft invests Rs 80 crore to open greenfield warehouse spreading across 3.5 lakh sq ft
Manufacturing   -  May 07,2024
Wildcraft, an adventure and outdoor products brand, invests Rs 80 crore in a 3.5 lakh sq.ft warehouse in Sira, Karnataka. Over the next 18-36 months, they plan to invest 40 million lei in expanding pr .


Nitta Gelatin launches expansion project in Kerala
Manufacturing   -  May 07,2024
Nitta Gelatin India Ltd (NGIL), a joint venture of Nitta Gelatin Inc. Japan and Kerala State Industrial Development Corporation Ltd (KSIDC), launches a Rs 60 crore expansion project in Kerala. The pro .


LINC to set up new manufacturing unit near Kolkata
Manufacturing   -  May 07,2024
LINC Ltd's board approved the creation of a new manufacturing unit near its Kolkata factory, costing Rs. 35 crore, primarily funded by Internal Accruals. Expected to be operational in Q1 FY26, th .


Amrutanjan Health Care Limited to set up new plant for sanitary napkins
Manufacturing   -  May 07,2024
Amrutanjan Health Care Limited's board approved a project to establish a new plant for manufacturing sanitary napkins, costing Rs. 123 crore. Funding will come from Internal Accruals and Debts. T .


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