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Cyient DLM inaugurates new precision machining facility in Bangalore
The facility currently has a capacity of 60,000 hours per annum, and has been designed for 3x expansion, to elevate the capacity to 180,000 hours per annum with the addition of 20 cutting-edge machines.Read more
New York state invests $10 bn in semiconductor research facility
The project, overseen by the nonprofit NY Creates, will take place at the Albany NanoTech Complex and will involve the acquisition of advanced chip-making equipment from the Dutch company ASML Holding.Read more
Corning Inc invests Rs 10 bn in Tamil Nadu for Apple supplier manufacturing facility
The new facility will be situated in Pillaipakkam, near Sriperumbudur, on a 25-acre plot, with the option for expansion as needed.Read more
Michuang cyclone disrupts ortho implants production at TTK Healthcare facility
Officials were assessing the situation and undertaking all the requisite actions to resume operations.Read more
Sadhana Nitro Chem to establish green hydrogen facility for Rs 50 cr
The funds for the rights issue will be mainly used for the acquisition of a 126-acre land plot. This land will be strategically employed for the establishment of both a solar power facility and a wind energy installation.Read more
Adani Green Energy secures record $1.36 bn funding for world's largest RE park
This achievement represents the company's largest project financing to date under the Construction Financing Framework, augmenting the total funding pool to $3 billion since the initial project financing in March 2021.Read more
Bonfiglioli Transmissions inaugurates 100 cr assembly facility in Pune
Spanning 42,500 square meters, the facility, which became operational on November 29, boasts advanced technology and real-time smart assembly processes within an environmentally sustainable and employee-friendly setting.Read more
Ekkaa’s mega facility in Noida aims at exports, to be operational soon
Headquartered in Sonipat, Haryana, Ekkaa Electronics is original equipment manufacturer (OEM), and original design manufacturer (ODM) in India expert in designing and manufacturing LED TVs. Sagar Gupta, Director, Ekkaa Electronics in this interview with Ayushi Khandelwal, shares that the company is planning to expand manufacturing into other consumer electronic products as well with a new facility in Noida. Read more
CG Power seeks approval for $791 mn semiconductor facility in India
The company relayed this information through a statement to the stock exchange, indicating the submission of the application to the Ministry of Electronics and Information Technology.Read more
Sweden’s Alleima opens expanded heat exchanger tube facility in Mehsana
Built with a total investment of SEK 180 million (approximately Rs 143 crore) between 2019-2023, the new facility will enhance capabilities to produce advanced alloys for making heat exchanger tubes, which are used for critical applications in the chemical, petrochemical and renewable energy segments.Read more