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NXP Plans significant Rs 8,400 crore R&D investment in Bengaluru
Manufacturing - Dec 05,2024
Karnataka Minister M B Patil, during his Netherlands visit, secured NXP’s commitment to channel a major share of its Rs 8,400 crore R&D investment to Bengaluru and discussed Philips' Innovation .

Amazon Data Services buys 38 acres of land from Lodha Group for Rs 450 crore
Manufacturing - Dec 05,2024
Amazon Data Services Pvt Ltd purchased a 38-acre land parcel in Ambernath, near Mumbai, from Macrotech Developers (Lodha Group) for Rs 450 crore, with a stamp duty of ₹27 crore. This purchase aligns .

Camfil opens new manufacturing facility in India
Manufacturing - Dec 05,2024
Camfil India has inaugurated a state-of-the-art manufacturing facility in Manesar, Gurgaon, to increase production capacity for high-efficiency filters, including HEPA and Hi-Flo filters. The facility .

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 .