DIRAK India has inaugurated a new manufacturing facility in Bengaluru as part of its expansion strategy. The facility, located adjacent to the company’s existing premises, was officially opened on November 18. The event was attended by global leaders Jens Boche and Michael Ramsauer, along with DIRAK India Managing Director Dileep Kumar and the company’s local […]
Bhageria Industries Limited announced the incorporation of a wholly owned subsidiary named New Ahilyanagar Solar Private Limited on November 20, 2024. According to a company press release, the move aligns with its broader strategy to expand its business operations. The newly established entity has an authorized share capital of ₹1,00,000. The entire shareholding of the […]
BEML Limited has secured an order worth ₹246.78 crore from Central Coalfields Limited (CCL) for the supply of 48 BH60M Rear Dump Trucks. The contract also includes spares and consumables for one year plus four additional years, as well as comprehensive after-sales service. The BH60M Rear Dump Truck is designed to meet the rigorous demands […]
Havells India has finalized plans to establish a refrigerator manufacturing facility in Ghiloth, Rajasthan, with an investment of ₹480 crore. The facility is expected to add 1.4 million units to the company’s production capacity by the second quarter of FY27, according to a company filing. This decision marks a shift for Havells, which previously outsourced […]
AM Green has announced that its Kakinada Cluster has joined the World Economic Forum’s (WEF) “Transitioning Industrial Clusters Initiative.” The initiative aims to foster collaboration among industrial clusters and public institutions to advance decarbonization and sustainable development. The Kakinada Cluster involves an initial investment exceeding $3 billion and is expected to generate over 10,000 direct […]
The Aditya Birla Group has announced plans to invest $20 billion, focusing primarily on expanding its manufacturing capabilities. This was disclosed by Kumar Mangalam Birla during the Hindustan Times Leadership Summit, where he outlined the group’s strategic goals. A significant portion of the investment will be directed towards the group’s cement business, with plans to […]
Jabil Inc., an engineering, manufacturing, and supply chain solutions provider, has signed a Memorandum of Understanding (MoU) with the government of Gujarat. The agreement was formalized in Gandhinagar in the presence of Gujarat Chief Minister Bhupendra Patel. This MoU, following a similar agreement with Tamil Nadu in September 2024, signals Jabil’s intention to expand its […]
Vedanta Limited announced a $500 million investment in AvanStrate (ASI), its group company specializing in display glass manufacturing. The investment aims to support research and development, expand manufacturing, and enhance ASI’s product offerings to meet global demand for advanced display glass products, according to a press release issued by Vedanta. ASI operates research and production […]
Tata Power Company Limited has finalized the acquisition of ERES-XXXIX Power Transmission Limited, a special purpose vehicle (SPV), for ₹18.56 crore in cash. The transaction, announced on November 15, 2024, marks the acquisition of 100% equity in the SPV. ERES-XXXIX was incorporated on March 27, 2024, to develop a power transmission project on a Build-Own-Operate-Transfer […]
Pharmadeep recently announced plans to establish a new manufacturing facility focused on producing Microcrystalline Cellulose (MCC), a widely used excipient for direct compression in pharmaceutical formulations. This marks the company’s fifth project in the active pharmaceutical ingredients (API) segment. The project, which the company describes as a “state-of-the-art” facility, is in the initial curing stages, […]
