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Silectric to invest Rs 3,426 crore in Karnataka
Manufacturing - Dec 24,2024
Karnataka Chief Minister Siddaramaiah approved Zoho-backed Silectric Semiconductor's Rs 3,425.6 crore investment in the state's first electronics manufacturing cluster near Mysuru, creating .

Auro Sundram International to invest Rs 250 crore on starch manufacturing plant in Bihar
Manufacturing - Dec 23,2024
Auro Sundram International will invest Rs 250 crore to establish a 500-tonne daily capacity starch manufacturing plant in Forbesganj, Bihar, operational by March 2027. Leveraging North Bihar's ma .

Indian Oil clears investment plan for yarn project in Odisha
Manufacturing - Dec 23,2024
Indian Oil has approved a Rs 657 crore investment in a yarn project in collaboration with MCPI Pvt Ltd at the Bhandaripokhari textile park in Bhadrak, Odisha. The Rs 4,382 crore project will feature a .

Raj cooling systems inaugurates Rs 75 crore manufacturing plant in Gujarat
Manufacturing - Dec 20,2024
Raj Cooling Systems has inaugurated a ₹75 crore manufacturing plant in Naika, Gujarat, spanning 6 lakh sq. ft., with a production capacity of 5,000 units per day. Equipped with advanced technology, .

Ola to invest Rs 2,200 crore capex in FY25 for cell manufacturing expansion
Manufacturing - Dec 18,2024
Ola Cell Technologies Pvt Ltd (OCTPL) plans to invest over Rs 2,000 crore this fiscal year to expand its lithium-ion cell manufacturing capacity in Krishnagiri, Tamil Nadu. With a current capacity of .

Daikin Partners with Rechi Precision to boost rotary compressor manufacturing
Manufacturing - Dec 18,2024
Daikin Industries is forming a joint venture with Rechi Precision Co Ltd to manufacture rotary compressors for air conditioners. Daikin India will hold a 51% stake, and Rechi Precision will hold 49%. .

Hong Fu Group marks India entry, breaks ground for Rs 1,500 crore footwear facility
Manufacturing - Dec 17,2024
Taiwanese footwear giant Hong Fu Industrial Group has launched a Rs 1,500-crore footwear manufacturing facility at SIPCOT Industrial Park, Panapakkam, near Chennai. The project, expected to be operati .

Suchi Semicon inaugurates OSAT plant in Surat
Manufacturing - Dec 16,2024
Surat-based Suchi Semicon inaugurated its USD 100 million OSAT plant, expecting over USD 100 million in revenue within three years. The facility, focusing on semiconductor assembly and testing, aims t .