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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
Shyam Metalics began Phase I of a greenfield Cold Rolling Mill at Jamuria plant
The project was commissioned in September 2024.Read more
Applied Materials considers new operations near semiconductor facilities
The move is part of a strategy to stay close to its customers and capitalise on the expected growth as semiconductor factories begin to establish themselves in India.Read more
India urged to strengthen ties with Taiwan and Japan for semiconductor growth
Japan is contributing to the development of India's semiconductor sector by providing training to Indian workers, while Taiwan is investing in semiconductor clusters in Southeast Asia.Read more
Ford to resume manufacturing in India for export markets
With engine manufacturing operations in Sanand, India remains Ford's second-largest salaried workforce globally.Read more
Paper manufacturers to invest Rs 250 billion in capacity and technology
Naini Papers is investing Rs 20 billion in a 125,000 tonne plant in Uttarakhand to produce paper pouches, intended to replace single-use plastics in food packaging.Read more
Hanwha Precision Machinery targets EMS markets in Mexico and India
At SMTA Guadalajara 2024, Hanwha presented its high-speed chip-mounters, HM520W and HM520, designed to meet Mexico’s diverse production needs, from small mobile devices to large automotive and network equipment.Read more
Job creation in manufacturing doubles between FY14 and FY23
While the share of manufacturing in India’s GDP remained steady at 16-17% during FY14-FY23, the government aims to increase it to 25% by the end of the decade.Read more
India's electronics manufacturing to quadruple by 2030; Says Nomura
Exports are projected to grow at a robust 35% CAGR, potentially reaching $210 billion by FY30, while domestic consumption is expected to increase at a 15% CAGR.Read more
China orders automakers to avoid investing in India to safeguard EV technology
The directive comes amid strained relations between China and India, particularly following a deadly border clash in 2020.Read more