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JCB to invest Rs 650 crore for new plant in India
The plant in Gujarat will be its sixth factory in the countryRead more
U-Tech opens new facility to supply products to BFW
U-Tech Utpadan, a part of the Bangalore based Rs 60 crore U-Tech Group, has opened a new manufacturing facility that will supply chip conveyors and coolant systems to Bharat Fritz Werner Ltd (BFW) –the largest machine builder in India.Read more
Avishakti Solar installs 51 rooftop solar panels in Mumbai
Mumbai real estate developer Parag Shah, who owns four floors in Aaradhya Swastik in the central suburb of Mumbai, roped in Avishakti Rooftop Solar Pvt. Ltd to install 51 solar panels on his rooftop, that will cater to all of his flats, generating approximately 25,000 units of electricity annually.Read more
ReNew Power secures OPIC debt funding of $350m
ReNew Power Limited has secured fresh debt financing of up to $350 million from the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution.Read more
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Continental breaks ground for new powertrain plant in Pune
The greenfield plant in Talegaon, Pune, will see an investment of €30 million until 2020, reports Neellohit Banerjee.Read more
ShivOm Dayal Energies to set up two biofuel projects worth Rs 800 Crore
The two second-generation ethanol plants which will entail an investment of Rs 400 crore eachRead more
Dynapac inaugurates new manufacturing plant in Pune
The facility situated in Pulgaon, Pune has a production capacity 1,200-1,500 unitsRead more
SCHWING Stetter and Tamil Nadu Government sign MoU for new plant in Cheyyar
Signed during Global Investors Meet 2019 held in Chennai, the MoU highlights the company’s Rs 350-crore investment at Cheyyar in a span of four years.Read more
Germany’s Continental to invest Rs 240-cr in powertrain plant in Pune
The plant will produce various drivetrain products including engine management systems, sensors and actuators as well as fuel and exhaust management componentsRead more
Machine tools industry will grow at 12-18%
The government’s Make in India initiative is bearing fruits with global majors establishing their manufacturing base in India. With this, Kaushal Sharma, Managing Director, B M Water Meters, believes the demand for machine tools to go up.Read more