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Latest News - May 9, 2024

Filatex India Ltd updates on recycling chip project
Textiles   -   May 07,2024
Filatex India Ltd's Board of Directors has approved a Polyester Textiles Recycling Project in its subsidiary, Texfil Private Limited. With an estimated cost of Rs. 300 crore, the project aims to ...

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...

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...

RCCPL Pvt Ltd updates on expansion project
Building Materials   -   May 07,2024
The Board of RCCPL Private Limited has approved restructuring the second phase expansion of their grinding cement plant in Kundanganj, Uttar Pradesh. It involves installing a new cement grinding line ...

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...

Swiss Military Consumer Goods acquires land and building at Faridabad
Manufacturing   -   May 06,2024
Swiss Military plans to establish its first fully owned manufacturing unit in Faridabad, Haryana, with an initial investment of Rs 56.5 crore. The unit, dedicated to luggage and travel gear, will cove...

SAIL-RITES JV secures Rs. 818 crore wagon order from Indian Railways
Mining   -   May 06,2024
Indian Railways awarded a Rs 817.74 crore contract to SAIL-RITES Bengal Wagon Industry Pvt Ltd (SRBWIPL), a joint venture between SAIL and RITES, for manufacturing 2,000 Bogie Open Wagons (BOXNHL) for...

CEAT to expand tyre manufacturing capacity at Chennai plant
Manufacturing   -   May 06,2024
CEAT is set to expand its manufacturing capacity at its Chennai plant with an estimated Rs 750 Crore investment for FY25. The goal is to increase production to 45,000 tyres per month, focusing on the ...




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