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Jupiter Wagons to invest Rs 25 billion for capacity expansion
The new plant will serve both domestic and international markets, with about 50% of its capacity dedicated to exports, primarily to its partner Tatravagonka A.S., a Slovakian rail infrastructure company, and other European clients.Read more
ReNew commits Rs 315 billion for solar power manufacturing in Gujarat
According to the MoU, ReNew will allocate Rs 175 billion to develop 3,000 MW of solar and 630 MW of wind projects in Gujarat, aimed at supplying power to the state. Read more
JK Tyre approves merger with Cavendish Industries
Shareholders of Cavendish Industries will receive 92 shares of JK Tyre for every 100 shares held.Read more
Tata Electronics plans two additional semiconductor fabs in Gujarat
The plant aims to reach a peak production capacity of 50,000 wafers per month.Read more
Torrent Power invests Rs 72 billion in green hydrogen and ammonia projects
Torrent Power is also pursuing a pumped storage power project with a capacity of 5-8 GW, requiring an investment of Rs 250 to Rs 350 billion.Read more
Mercedes-Benz to manufacture EQS SUV 580 in India
The EQS SUV 580, which is not yet available in India, features a 122 kWh battery and an impressive range of 809 km on a single charge, with a projected price of Rs 14 million.Read more
Online Instruments India unveils first CKD interactive displays plant
Covering 3 acres, the new plant features semi-robotic technology capable of producing 400 Interactive Flat Panel Displays (IFPDs) daily.Read more
TSF Group showcases product line for global markets at IAA 2024
On display would be its extensive range of Braking solutions for the light commercial and heavy commercial vehicles including complete pneumatic braking systems.Read more
Goodluck India opens new Rs 2.1 billion hydraulic tubes plant
The new plant will manufacture hydraulic tubes with a diameter of 219 mm and a thickness of 15 mm, which are expected to replace imports and meet high domestic and international demand due to their specialised quality.Read more
Carborundum Universal acquires full stake in US-based Silicon Carbide Products
The transaction is expected to close by the end of October 2024. Read more
