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Jindal Aluminium produces 115,920 MT of aluminium extruded products in FY23-24
Operating three cutting-edge manufacturing plants located in Bengaluru, Dabaspet (Karnataka), and a newly acquired facility in Bhiwadi (Rajasthan), Jindal Aluminium boasts a total manufacturing capacity of 2.35 lakh tonnes per annum. Read more
Zoho plans $700 million foray into chip manufacturing; compound semiconductors
Semiconductors occupy a pivotal position in India's economic agenda, with the government implementing a $10 billion package to fortify the industry's capabilities, positioning the nation to rival established players like Taiwan in the coming years.Read more
India to build small arms manufacturing unit in Sri Lanka; defence collaboration
Sri Lanka could benefit from studying the Indian model and expressed interest in exploring Sri Lanka's own manufacturing capabilities in the defense sector, echoing the sentiment of drawing lessons from India's experience.Read more
India’s L&T subsidiary opens valve manufacturing unit in Saudi Arabia
This strategic move is impeccably aligned with the objectives outlined in the Saudi Vision 2030 and the In-Kingdom Total Value Add (iktva) initiative, actively fostering the creation of a local value chain and facilitating the development of skill enhancement programs.Read more
Demand for warehouse automation boosts amid 'Make in India' push
Economic growth boosts demand for logistics in India, with 13.5 million sq ft leased in Jan-Mar 2024. Tier-I cities saw a 25% increase, Tier II and III cities 20%. Read more
Global semiconductors battle deepens between EU & US; $81 billion subsidy surge
The surge in semiconductor spending stems from mounting concerns over China's rapid technological advancements, particularly in key electronic sectors. Read more
Dixon Technologies signs MoU with Acerpure for consumer appliance manufacturing
Acerpure is involved in the trade, import, and export of consumer durables, home appliances, peripherals, accessories, components, parts, and related services.Read more
Siemens Limited declares CAPEX of over Rs 10 billion
The company's Smart Infrastructure Business is set to boost its factory presence in Goa with an investment of Rs 3.33 billion, marking the largest investment by Siemens in the state. Read more
Grew Energy to build 3.2 GW capacity manufacturing facility in J&K
India’s first renewable energy player to set up manufacturing facility in J&K.Read more
Isro successfully hot tests 3D printed liquid rocket engine
This streamlined design not only significantly decreased raw material usage per engine, from 565kg to just 13.7 kg of metal powder, but also slashed overall production time by 60%.Read more