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Schaeffler to invest Rs 300 cr for transmission components facility in TN
New facility will expand the production footprint in Hosur for transmission components and systemsRead more
Alstom opens components manufacturing facility in Coimbatore
With an average investment of Euro 25 million, the new site - the largest components manufacturing facility in Asia - is dedicated to improving industrial efficiency in manufacturing components for various prestigious national and international projects.Read more
KBL supplies VT pumps for Mettur Surplus Water project in Tamil Nadu
KBL is the primary supplier of Vertical Turbine (VT) pumps and commissioned the relevant pump houses for the scheme. About 4,238 acres of agricultural land would be irrigated from the scheme, which will positively influence the lives of around 16.44 lakh farmers.Read more
Ola races to build the world’s largest 2 wheeler mega factory
OLA has completed land acquisition in January this year. An estimated more than 10 million man-hours have been planned to bring the factory up in record time. Read more
TNBA urges to stop auctions and strengthen boiler MSMEs
The association demanded the case of MSME NPA units in Tiruchi must be given a special consideration as they provided employment, paid taxes promptly and followed other statutory obligations.Read more
Incentivise manufacturing services in SEZs to boost exports
About 90% of the manufacturing units in global supply chain are manufacturing service providers. Manufacturing services can be incentivised by providing them with SEIS benefits as they are WTO compliant, says Tamil Nadu Association of SEZ Infrastructure DevelopersRead more
Indian solar installations up by 44 per cent in Q3 2019: Mercom
Tamil Nadu was the top state for large-scale solar installations in Q3 2019Read more
US-based auto component maker BorgWarner expands Tamil Nadu facility
The new 43,000-sq ft facility has a VCT production line which provides localised manufacturing in Kakkalur, Tamil NaduRead 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
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Bharat Fritz Werner opens ‘smart’ manufacturing facility in Hosur
Bharat Fritz Werner Ltd (BFW), one of the leading manufacturers of machine tools in India, has opened a smart manufacturing facility in Hosur (Tamil Nadu). Read more