Welspun One Logistics Parks is investing $325 million in a 4.45 million square foot warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. Initially planned as a 1.2 million square foot project with an estimated investment of $84 million, the expansion reflects rising demand for integrated […]
AMD has reaffirmed its commitment to India with the expansion of its operations at the Technostar campus in Bengaluru and ongoing investment in semiconductor research and development. The company had last year announced a $400 million investment plan for India over five years, with the possibility of reaching this target ahead of schedule due to […]
Vardhman Special Steels Limited (VSSL) will invest ₹1,750 crore in a greenfield special alloy steel manufacturing plant in Punjab. The facility, which will use an electric arc furnace for production, is designed for an annual output of 5 lakh tonnes of special alloy steel. The project, developed in partnership with Japan’s Aichi Steel Corporation, aims […]
Vesuvius has inaugurated alumina-silica and basic monolithic refractory manufacturing facilities in Visakhapatnam, Andhra Pradesh, adding 250,000 tonnes of annual production capacity. These plants will serve the iron and steel industries, producing materials essential for manufacturing processes. The development follows the commissioning of Vesuvius’s Mould Flux plant earlier this year and is part of the company’s […]
Damson Technologies has inaugurated a new manufacturing facility near Ahmedabad as part of its plan to shift 50% of its manufacturing operations from China to India. The initiative involves a total investment of ₹150 crore, with ₹50 crore allocated to the plant and ₹100 crore for marketing, research and development, and team expansion. The facility, […]
Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) is establishing a semiconductor manufacturing facility in Morigaon, Assam, with an investment of ₹27,000 crore. The plant is designed to produce up to 48 million semiconductor chips daily, utilizing advanced packaging technologies, including flip chip and Integrated System in Package (ISIP). The facility, expected to be operational […]
Godawari Power & Ispat Limited (GPIL) has announced its entry into the non-ferrous metals recycling business by acquiring a 51% stake in Jammu Pigments Limited (JPL). The transaction values JPL at approximately ₹500 crore and involves an infusion of ₹175 crore by GPIL for debt repayment and growth capital. Additionally, GPIL will purchase ₹79.52 crore […]
Tata Electronics has reached an agreement to acquire a 60% stake in Pegatron’s iPhone manufacturing facility in Chennai, India, according to sources familiar with the matter. The Taiwanese company will retain a 40% share and provide technical support under the new joint venture, with Tata assuming operational control. The Chennai facility, which employs approximately 10,000 […]
Cyient has partnered with Allegro MicroSystems to establish a Center of Excellence (CoE) in Hyderabad, India. This facility, located at Cyient’s Manikonda campus, will focus on developing magnetic sensors and power semiconductor products for the automotive industry. The CoE will employ over 100 engineers specializing in areas such as post-silicon validation, design verification, analog design, […]
Godrej Industries’ Chemicals Business announced its acquisition of the Food Ester and Emulsifier Business from Goa-based Savannah Surfactants Ltd. The acquisition aligns with Godrej’s strategy to broaden its product offerings in the food and beverage sector. The unit acquired from Savannah Surfactants has an annual production capacity of 5,200 metric tons. This addition will enhance […]
