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Latest News - May 9, 2024


Rockwell Automation to open new manufacturing facility in Chennai
Manufacturing   -   May 02,2024
U.S.-based Rockwell Automation plans to open a 98,000 sq. ft. manufacturing facility in Chennai, Tamil Nadu, expected to be operational by the first half of 2025. Located at Sholinganallur SEZ, it ali...


IOCL's arm to build one GW RE capacity, invest Rs 5,215 crore
Power Generation   -   May 02,2024
Indian Oil Corporation (IOCL) intends to invest Rs 5,215 crore in developing one gigawatt (GW) of renewable energy capacity, encompassing standalone ground-mounted solar projects, onshore wind project...


Nitta Gelatin India launches Rs 60 crore expansion project in Kerala; collaborates with Japanese MNC
Food Processing   -   May 02,2024
Nitta Gelatin India Ltd (NGIL), a joint venture of Nitta Gelatin Inc. Japan and Kerala State Industrial Development Corporation Ltd (KSIDC), initiates a Rs 60 crore expansion project in Kerala. The gr...


Jindal Stainless to invest Rs 5,400 crore for expansion
Metallurgical Industries   -   May 02,2024
Jindal Stainless unveiled a Rs 5,400 crore investment plan to enhance melting and downstream capacities. Additionally, it entered a joint venture for a stainless-steel melt shop in Indonesia, boosting...


Coromandel International starts establishment of Rs 1000 crore phosphoric and sulphuric acid complex
Chemicals   -   May 02,2024
Coromandel International initiates the construction of its Phosphoric Acid-Sulphuric Acid complex in Kakinada, AP, with a Rs 1000 crore investment. Scheduled for completion in two years, the facility ...


Waaree Energies secures 400 MW solar module supply contract from GIPCL
Power Generation   -   May 02,2024
Waaree Energies secures a letter of intent from Gujarat Industries Power Company (GIPCL) for supplying 400 MW modules, equipped with advanced bifacial technology, for a solar project in Gujarat. The c...


Coromandel International to invest Rs 1,000 crore to set up plant in Andhra
Chemicals   -   Apr 30,2024
Coromandel International will invest Rs 1,000 crore to establish a phosphoric and sulphuric acid plant in Kakinada, Andhra Pradesh. The project, expected to be completed in two years, aims to enhance ...


Remsons Industries and Daiichi Infotainment Systems incorporate joint venture company
Manufacturing   -   Apr 30,2024
Remsons Industries Limited and Daiichi Infotainment Systems Private Limited have formed a joint venture, Daiichi Remsons Electronics Private Limited, with equal capital stakes. The new entity, with an...





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