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Vertex sets up greenfield plant in Balsar to get first-mover advantage in labels
Manufacturing - Dec 04,2024
Vertex, a leading platemaking company in Rajkot, diversified into flexo printing by establishing Vimal Flexoprint and a label plant in Balsar. The decision was driven by a 300% rise in digital printin .

Sterling Tools forays into manufacture of latching relays for energy sector
Manufacturing - Dec 03,2024
Sterling Tools, through its subsidiary Sterling Tech-Mobility, partnered with Zhejiang Meishuo to locally produce latching relays for India’s energy sector, smart metering, and industrial applicatio .

Foxconn likely to open its second-largest battery plant in Tamil Nadu
Manufacturing - Dec 02,2024
Foxconn plans to establish the world’s second-largest Battery Energy Storage System (BESS) in Tamil Nadu, with the government offering 200 acres near Manalur, Tiruvallur district, and an incentive p .

Godrej & Boyce to invest over Rs 7,500 crore over next three years
Manufacturing - Dec 02,2024
Godrej & Boyce plans to invest over Rs 7,500 crore in the next three years to boost technological capabilities and design-led innovation. It targets Rs 18,000 crore in FY25 revenue, driven by its appl .

BEML wins contract worth Rs 3,658 crore from Chennai Metro Rail
Manufacturing - Nov 29,2024
BEML secured ₹3,658 crore contracts from Chennai Metro Rail for 70 three-car trainsets (210 metro cars) operating in UTO mode across Corridors 3, 4, and 5. The project includes design, supply, testi .

Nibav Home Lifts opens its fifth manufacturing facility in Chennai
Manufacturing - Nov 29,2024
Nibav Home Lifts inaugurated its largest manufacturing facility in Chennai, doubling production capacity to 15,000 units annually. Spanning 1,00,000 sq-ft in SIPCOT, Irungatukottai, the state-of-the-a .

Amber-Resojet to invest Rs 250 crore for manufacturing facilities in Telangana
Manufacturing - Nov 29,2024
Amber-Resojet, a joint venture between Amber Enterprises and Resolute Group, will invest Rs 250 crore in Telangana to set up manufacturing facilities for washing machines and components. The phased in .

Karnataka plans Rs 650 crore for space, defence manufacturing park
Manufacturing - Nov 29,2024
Karnataka plans a Rs 600-650 crore space and defence manufacturing park as part of a public-private partnership. The initiative aims to capture 50% of India’s space market by 2029, create specialize .