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India Triples Rare Earth Magnet Investment to Cut China Reliance: Report

India is set to boost its rare earth magnet manufacturing capacity by nearly tripling its incentive programme to over Rs 70 billion ($788 million), aiming to reduce reliance on China.Read more

Jindal (India) Expands Colour-Coated Steel Capacity to Boost White Goods Growth

Earlier this month, Jindal (India) Limited announced the commissioning of 0.6 million MT of downstream steel capacity expansion at its manufacturing facilities in West Bengal. Read more

Alpex Solar’s Q3 profit surges 423%, expands manufacturing capacity

Alpex Solar also plans an additional 1.2 GW module manufacturing plant and an aluminum frame production facility, both slated to begin operations by December 2025. Read more

Senvion India to double manufacturing capacity by 2026

Recently, Senvion India introduced a 4.2 MW wind turbine, marking the first 4 MW turbine designed in collaboration with RE Technologies, a German R&D firm with which it holds an exclusive licensing agreement. Read more

Gautam Solar to expand solar module manufacturing capacity to 5 GW by 2025

In addition, the company has outlined a Rs 10 billion cell expansion plan, with further growth funded through an Initial Public Offering (IPO), anticipated in the next 12-18 months.Read more

Siemens to invest Rs 416 crore for expanding manufacturing capacity in India

The company will expand manufacturing capacity of power transformers and vacuum interrupters for medium voltage switchgear. Siemens Ltd has also registered 21% increase in revenue and 53% increase in PAT in FY 2023 (October 2022 to September 2023).Read more

India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025

According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more

PMI lays foundation stone for electric-CVs at Pune’s manufacturing plant

New plant’s production capacity will reach to 4,000 electric-CVs/ year.Read more

ABB expands manufacturing capacity for LV motors at Faridabad plant

The expansion will increase plant capacity by more than 20%. The new line will develop energy efficient motors up to 55kW for customers operating in different industrial segments such as F&B, water & wastewater, cement, metals and mining, HVAC, textiles, rubber, etc.Read more

Continental to expand truck tyre manufacturing capacity at Modipuram plant

The expansion will include an increased product range for 20” and 22.5” truck tyres. The plant will see consistent growth with the fourth planned expansion in the truck tyres production facility to cater to domestic and export marketsRead more

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