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Shibaura Machine India opens Rs 2.25 billion injection moulding machine facility

Over the next 3-4 years, SMI expects to create new jobs and develop approximately 50 MSME vendors to support the expansion.Read more

Waaree Energies subsidiary Indosolar, inaugurates 1.30 GW solar module facility

The factory is expected to accelerate employment opportunities, and contribute towards propelling India's journey towards achieving net-zero emissions.Read more

EV startup River to open Rs 10 billion manufacturing facility in Telangana

The company has already invested about Rs 2.5 billion in its R&D facility and leased factory in Bengaluru, which has a capacity of 100,000 units per year.Read more

Welspun One raises Rs 22.75 billion to develop warehousing properties

The capital was secured from approximately 800 Limited Partners (LPs) and investors, including high-net-worth individuals, ultra-high-net-worth individuals, family offices, corporates, and domestic institutions. Welspun One plans to utilise this capital to develop warehousing properties. Read more

MNRE issues green hydrogen rules for funding testing & certification facilities

Under the scheme, a total budgetary outlay of Rs 2 billion has been earmarked until the financial year 2025-26. Read more

USFDA issues warning letter to Sun Pharma over manufacturing at Dadra facility

The warning letter summarises significant violations of Current Good Manufacturing Practice (CGMP) regulations for finished pharmaceuticals at the facility.Read more

MoD signs 4 bn pact for 3 testing facilities in TN Defence Industrial Corridor

The DTIS provides up to 75% government funding as ‘Grant-in-Aid’, with the remaining 25% funded by the Special Purpose Vehicle (SPVs), comprising Indian private entities and State/Central Governments.Read more

Ashok Leyland unveils vehicle disposal facility & platform for old vehicles

The Hinduja flagship is also developing a digital platform named Re.AL for the used vehicle business.Read more

60 pharma firms enrol under Centre’s scheme to upgrade manufacturing facilities

The scheme gives preference to micro, small and medium enterprises (MSMEs), supporting smaller players achieve high standards.Read more

ABB’s PixelPaint chosen by Mahindra to deploy services at EV paint facility

M&M will be the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars. Read more

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