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Daikin to expand compressor manufacturing to two million units in India

Daikin is also exporting to markets such as South Africa, the Middle East and South America helped by its new 75-acre Sri City manufacturing unit.Read more

Sundram Fasteners receives Rs 40 billion in EV orders; to expand further

Sundram Fasteners aims to increase the share of non-automotive revenue from 30% to 50% over the next five years. Read more

Siemens to invest over Rs.10 billion to expand operations in India

The company aims to meet the growing demand in critical sectors such as industry, infrastructure, and power distribution by expanding two of its factories. This strategic move includes the establishment of a state-of-the-art metro train manufacturing facility in Aurangabad and the expansion of the Smart Infrastructure Operations in GoaRead more

ABB acquires China-located Siemens’ Wiring Accessories; expands portfolio

The acquisition will also give access to a wide distribution network across 230 cities in China and provide additional expertise from regional sales, manufacturing operations and management teams. Read more

Lam Research expands semiconductor fabrication equipment supply chain in India

The Ministry of Electronics and IT is in pursuit of developing a downstream ecosystem with industries that utilise output to manufacture finished products, including equipment manufacturing.Read more

Germany's Rittal expands capacity in India with new Integration Centre

The new Integration Centre for cooling units and LCP solutions will increase company’s overall production capacity and meet the growing demand for industrial cooling solutions in the market.Read more

LOHUM secures $54 million in Series B Funding to expand global market

LOHUM, India's largest producer of sustainable energy transition materials via battery recycling & raw material refining, and battery repurposingRead more

Finolex Cables to invest Rs 580 crore to expand optic fibre cables capacity

This expansion in Maharashtra encompasses the installation of fibre draw towers and the implementation of backward integration for the production of glass preforms, crucial in the fibre drawing process.Read more

Panasonic expands its lighting business with launch of its new facility in Daman

With investment of Rs 15 million the new facility will enable in-house manufacturing with Japanese technology ensuing quality production.Read more

Indian electronics manufacturers expand global reach to US, Europe markets

During their December quarter earnings calls, companies like Havells, Dixon, Voltas, and Blue Star announced plans to establish a foundation for exports in developed nations like the US.Read more

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