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Mahindra unveils EV manufacturing & battery assembly facility in Maharashtra
Mahindra has allocated Rs 45 billion out of the total Rs 160 billion planned in the F22–F27 investment cycle— which includes powertrain development, two product top hats including software & tech and manufacturing capacity.Read more
Jupiter International to invest Rs 65 billion in capacity expansion
Additionally, by fully integrating these processes, Jupiter International aims to establish a robust and seamless supply chain that spans every stage of solar manufacturing.Read more
Happy Forgings to invest Rs 6.5 billion in a heavy component manufacturing plant
The investment will be financed through a combination of internal accruals and partial debt, with production expected to commence by the end of FY2027. Read more
Mastercam acquires FASTech to strengthen manufacturing solutions
By incorporating FASTech's regional expertise, Mastercam enhances its ability to offer innovative solutions and exceptional service to customers in the Midwest.Read more
India poised to become the global drone hub; Says EY-FICCI report
Experts agree that India can reduce global reliance on Chinese drones, particularly as developed economies adopt the China Plus One strategy. Read more
Indian Army seeks vendors for 23mm anti-drone ammunition manufacturing
The deadline for submitting proposals is February 17, 2025. Read more
India targets $500 billion semiconductor manufacturing by 2030
The newly inaugurated facilities, the Digital India RISC-V SoC (System on Chip) Design Laboratory and the Digital India RISC-V Embedded System Design Laboratory, mark a significant leap in India's efforts to advance semiconductor technology. Read more
Indian manufacturing sector ends 2024 with modest growth, December PMI at 56.4
November's PMI had already shown a decline to 56.5, a joint 11-month low, from 57.5 in October, indicating a manufacturing slowdown.Read more
India unveils Rs 250 billion plan for electronics components manufacturing
The scheme will adopt a different incentive structure, as components and subassemblies are capital-intensive, unlike smartphones where smaller investments are required for larger manufacturing operations. Read more
Waaree begins trial production at Gujarat solar cell manufacturing facility
At 5.4 GW capacity, the plant attains the position as India’s largest advanced solar cell manufacturing facility.Read more