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First Solar commences production at Indian Plant with $684 mn investment
The American company, First Solar that is establishing its inaugural manufacturing facility in India near Chennai, at Sriperumbudur, has initiated production.Read more
Bridgestone India’s Pune plant is verified Carbon Neutral
Audited and verified as carbon neutral by LRQA against the international standard PAS 2060.Read more
DFC Board approves $425 mn in financing for Tata Power’s greenfield manufacturing plant in Tamil Nadu
DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more
JSW Cement's Vijayanagar works set for 12 MTPA expansion and sustainable growth
Presently, the Vijayanagar Works manufactures both Portland Slag Cement (PSC) and Ground Granulated Blast Furnace Slag (GGBS) cement, with a current annual production capacity of 600,000 tons.Read more
Panasonic elevates India as key export hub and targets market expansion
In a substantial move, the company is injecting Rs 300 crores into expanding its Sri City facility, inaugurated in April 2022.Read more
Tabreed to invest $200 mn in Cooling Infra partnership with Telangana govt
The state government also signed a MoU with Tabreed to explore district cooling infrastructure in existing and upcoming commercial districts of Cyberabad near here and other mixed use development areas.Read more
Gabriel India expanding with eighth plant to meet growing demand
Gabriel India, the flagship company of the versatile Anand Group, is actively considering a greenfield expansion for its passenger vehicle and two-wheeler suspension components.Read more
Naffco to invest Rs 700 cr Manufacturing Plant in Telangana
In addition to this manufacturing endeavour, Naffco is set to forge a strategic partnership with the National Academy of Construction (NAC), a prominent institution based in Telangana, to create a Fire Safety Training Academy.Read more
PFC provides Rs 1,229 Cr loan for Assam methanol and formalin plants
The Power Finance Corporation (PFC), a government-owned entity, entered into an agreement to extend a term loan of Rs 1,229 crore to Assam Petrochemicals. The loan agreement between PFC and Assam Petrochemicals Ltd (APL) was formalized on September 4, 2023.Read more
Mahindra & Volkswagen comes together for EV Components
In addition to these initiatives, Mahindra is targeting an annual production of 200,000 electric vehicles at its Chakan plant in Maharashtra from 2027 to 2029.Read more