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Seshasayee Paper to develop revised investment strategy for Erode unit expansion
Manufacturing - May 14,2024
Seshasayee Paper and Boards Ltd is adjusting its investment strategy for pulp and paper capacity expansion following feedback from the Environment Ministry. Initially planning a 40% increase in capaci .

Carborundum outlines capex plan of Rs 350 crore in FY25
Manufacturing - May 13,2024
Carborundum Universal plans a Rs 350 crore capital expenditure for the current fiscal year, notably higher than the previous five-year average. A six-tonne per month silicon carbide facility in Kerala .

L&T to increase power capacity of electrolyser to four MW
Manufacturing - May 13,2024
Larsen & Toubro (L&T) plans to increase its electrolyser power capacity to four MW, targeting domestic orders in FY25-26. After manufacturing its first one-MW electrolyser in Gujarat, it aims for a fo .

Elantas Beck India Limited to purchase vacant land for expansion and new projects
Manufacturing - May 09,2024
Elantas Beck India Limited's Board approved the purchase of 35 acres of land in Bharuch, Gujarat, for Rs. 67 crore, using internal funds. The land will facilitate future expansion and new project .

Lam Research plans semiconductor fabrication supply chain in India
Manufacturing - May 09,2024
Lam Research Corporation aims to diversify its semiconductor fabrication equipment supply chain by including India, assessing capabilities across various sectors. Exploring local suppliers for precisi .

BENZ Packaging acquires 1.5-acre land for new plant in Haryana
Manufacturing - May 08,2024
BENZ Packaging has acquired 1.5 acres of land in Haryana for a new manufacturing facility, investing over Rs 50 crore. The plant will showcase advanced manufacturing capabilities, meeting rising produ .

TAFE plans Rs 180 crore expansion
Manufacturing - May 07,2024
TAFE, an Amalgamations group company, intends to invest Rs 180 crore for capacity expansion this fiscal year. With Rs 40 crore allocated for a new harvest implement manufacturing facility in Chennai, .

Wildcraft invests Rs 80 crore to open greenfield warehouse spreading across 3.5 lakh sq ft
Manufacturing - May 07,2024
Wildcraft, an adventure and outdoor products brand, invests Rs 80 crore in a 3.5 lakh sq.ft warehouse in Sira, Karnataka. Over the next 18-36 months, they plan to invest 40 million lei in expanding pr .