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Slow progress hampers development of electronic manufacturing at Tuem
The commissioning of a 33/11kV substation, built at a cost of Rs 428 million, is significantly delayed. Read more
Niti Aayog member Virmani encourages Chinese investment to push local production
China's FDI in India has been minimal, with only 0.37% of total FDI equity inflows from April 2000 to March 2024. Read more
LESER expands Aurangabad manufacturing facility with Rs 500 million+ investment
The new facility will incorporate segmentation, automation, and advanced manufacturing processes designed to improve transparency and efficiency.Read more
Uno Minda signs agreement with Aisin for sunroof manufacturing
Aisin, a top 10 global Tier-1 automotive supplier, holds the largest market share in the sunroof segment in Japan, offering multi-panel, panoramic, and standard sunroofs.Read more
Lubrizol buys Aurangabad land for firm’s largest manufacturing facility in India
The initial phase of the project represents a projected investment of approximately $200 million and builds on previously committed investment in the region.Read more
Ather Energy joins hands with Amara Raja for battery cell manufacturing for e-2w
Ather currently has two manufacturing facilities in Hosur, Tamil Nadu, one dedicated to battery production and the other for vehicle assembly. Read more
Danfoss Power Electronics marks 10 years of production in India
These initiatives have significantly contributed to decarbonising India's infrastructure sector and paving the way for a greener future.Read more
Kalyani Strategic Systems acquires license for defence manufacturing
KSSL will produce these defence items at its Jejuri unit in Maharashtra.Read more
Lazard report suggests India is on track on becoming a global manufacturing hub
Finance Minister Nirmala Sitharaman emphasised support for MSMEs and labour-intensive manufacturing, including the extension of the Mudra loan limit from Rs 1 million to Rs 2 million.Read more
Manoj Mittal appointed as Chairman and Managing Director of Sidbi
Mittal brings over 33 years of experience in the financial services sector to this role. Read more