EKKI is set to launch a new manufacturing facility in Coimbatore, Tamil Nadu, designed to integrate multiple operations, including its KOOT Advanced Components Unit, KKV Labs for engineering and design, quantum testing and quality control facilities, and the EKKI Academy. The facility will focus on producing high-precision pumps, systems, and components for global markets. The […]
Amgen has announced a $200 million investment to establish a technology and innovation center in Hyderabad, India. The facility, spanning approximately 524,000 square feet in RMZ Tower 110 of Spire, will focus on artificial intelligence and data science applications in drug discovery and clinical trials. The center is expected to employ around 2,000 professionals by […]
Godrej Enterprises is investing ₹200 crore to expand its Dahej manufacturing facility in Gujarat, increasing its annual production capacity from 23,000 metric tonnes to approximately 30,000 metric tonnes. This investment follows a previous ₹300 crore infusion, bringing the total investment in the facility to ₹500 crore. The Process Equipment division, which produces reactors, pressure vessels, […]
Artson Group, a subsidiary of the Tata Group, and Malabar Cements have signed a memorandum of understanding to set up a boat manufacturing unit in Kochi. The project, valued at Rs 300 crore, was formalized at the Invest Kerala Global Summit. The manufacturing facility will be built on seven acres of land leased by Malabar […]
FM Logistic India has commenced operations at its second multiclient warehouse in Farrukhnagar, Haryana. The facility spans 25,000 square meters, with an additional 3,700 square meters of mezzanine space to support operational efficiency. It has a clear height of 15.2 meters to optimize storage capacity. According to the company, the warehouse is LEED Gold® certified […]
Schneider Electric has announced plans to open three new manufacturing plants in India as part of its ongoing investment in the country. The new facilities will be located in Kolkata, Hyderabad, and Ahmednagar, expanding the company’s existing network of 31 manufacturing plants. Speaking at Elecrama 2025, Schneider Electric CEO Olivier Blum stated that the company […]
Vedanta’s shareholders and creditors have approved a demerger plan to split the company into five separate entities: Vedanta Limited, Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy. The resolution received overwhelming support, with 99.9987% of shareholders, 99.5900% of secured creditors, and 99.9588% of unsecured creditors voting in favor. Initially, in September […]
Krones AG has broken ground on its INR 3.15 billion manufacturing facility at Vemagal Industrial Park Phase 2 in the Kolar district of Karnataka. The company provides solutions for the beverage industry and food producers, including process technology, filling technology, packaging machines, and IT solutions. The new manufacturing facility in Vemagal is expected to generate […]
Cyient Limited has announced the appointment of Sukamal Banerjee as Executive Director and Chief Executive Officer of its Digital, Engineering, and Technology (DET) business, effective immediately. He will also join the company’s Board of Directors. Banerjee has over 30 years of experience in the engineering research and development (ER&D) and technology sector. He previously held […]
Sundaram-Clayton Limited has announced the approval of the sale of its high-pressure and low-pressure aluminium die-casting businesses at its Hosur plant. The company’s Board of Directors approved the decision in a meeting held on February 19, 2025. The identity of the prospective purchaser(s), the structure of the transaction, and the sale consideration are yet to […]
