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Freudenberg India to invest Rs 350 crore in CY 2024 for expansion
Globally, Freudenberg Group’s operating profit reaches Euro 1.1 billion, surpassing the 1 billion mark for the first time (up 15 percent). Read more
Danfoss plans Rs 500 Crore Investment in India for localization, expansion
The company, which helps its customers to decarbonise their businesses, has identified 4-5 areas for localisation in order to take advantage of opportunities in the energy transition spaceRead more
Socomec India unveils strategic expansion plans to Sri Lanka, Bangladesh
With a recent €5 million investment by Socomec Group in the Indian market to enhance manufacturing capacity, the goal is not only to meet local demands but also to Sri Lanka and Bangladesh markets through exports.Read more
Grew Energy explores sideways integration amid aggressive expansion plans
Grew Energy secured a Rs 567 crore incentive from the central government for a solar equipment manufacturing facility under the Production Linked Incentive (PLI) scheme.Read more
Jindal Stainless navigates Red Sea crisis, adjusts export targets, eyes European expansion
Due to the Red Sea issue, both time and cost associated with shipments to Europe have increased. Jindal anticipates a decline in Q4 export sales, revising the target from 15% to around 12%.Read more
STUKEN expands operations in South East Asia, chooses Pune for new production site
The company aims to initiate deep-drawn parts production in India by 2025.Read more
JSW Steel unveils Rs 1 tn expansion plan, prioritising domestic capacities
JSW Steel's CEO, Jayant Acharya underscored a strong commitment to bolstering domestic capacities, recognising India's status as the world's second-largest consumer and producer of steel.Read more
Sterlite Power gets new orders worth Rs 2,000 cr in Q2 FY ’24
Internationally as well, the company is strengthening its presence in the Americas, Africa, and the Middle East.Read more
Pune's REPLUS Engitech aims for Rs 500 cr order Book, eyes global expansion
REPLUS is actively engaged in various global projects. In Saudi Arabia, the company is immersed in microgrid projects utilising solar energy to power villages, with the aim of establishing a self-sufficient economy.Read more
Fleming labs secures $13.23 mn Investment from InvAscent for Expansion
Fleming, recognised for its global leadership in specific muscle relaxant, anti-arthritis, and antihistamine APIs, operates with two regulatory-approved manufacturing units and serves customers in over 65 countries spanning Latin America, Europe, Asia, and MENA.Read more
