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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

Govt halts expansion of PLI Scheme, focusing on strengthening existing sectors

It is anticipated that a decision on enlarging the list of sectors eligible for incentives to bolster domestic manufacturing capabilities will be deferred until the formation of a new central government next year.Read more

Sterling, Wilson Renewable Energy successfully raises Rs 1500 cr in QIP for Solar Expansion

The majority of the funds raised through the QIP will be utilised to reduce debt, providing additional capital to tap into the rapidly expanding solar Engineering, Procurement, and Construction (EPC) markets in India and internationally.Read more

Toys ‘R’ Us accelerates India expansion with local manufacturing plans

Toys ‘R’ Us, the global toy retailer, is set to commence private label manufacturing in India by the middle of next year as part of an aggressive expansion strategy, aiming to position India among its top five markets.Read more

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