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 […]
MAS Holdings has commenced construction of its apparel park in Bhuinpur, Khurda district, Odisha. The facility is expected to begin operations in 2026, focusing on producing value-added apparel for domestic and international markets. The 60-acre park aims to attract industry partners to create an integrated supply chain, enhancing speed and cost efficiency. Over the next […]
Hyundai KEFICO has started construction on a new manufacturing facility in India, with mass production expected to begin in 2026. The plant is being built in the Electronic Manufacturing Cluster in Pillaipakkam, Kanchipuram, Chennai. A groundbreaking ceremony was held on February 10 to mark the commencement of the project. The event was attended by Jung […]
Taiwan-based Delta Electronics is investing $500 million in India to expand its operations under the government’s Make in India initiative, a company executive said. The investment, originally announced in 2015, aims to strengthen the company’s manufacturing and research capabilities in the country. Benjamin Lin, President of Delta Electronics India, stated at the Elecrama 2025 event […]
Semiconductor equipment manufacturer Lam Research has announced plans to invest over Rs 10,000 crore (approximately $1.2 billion) in Karnataka over the next few years. The announcement was made by Sesha Varadarajan, Senior Vice President of the Global Products Group at Lam Research, during the inaugural session of Invest Karnataka 2025. The company, which develops semiconductor […]
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 […]
SKF India Limited has announced the appointment of Nrithika Sridharan as Head of Strategy & Marketing, effective February 19, 2025. The appointment was approved by the Board of Directors through a circular resolution following the recommendation of the Nomination and Remuneration Committee. Sridharan has over 15 years of experience in corporate strategy, growth initiatives, and […]
Micro Age Instruments Pvt. Ltd., a subsidiary of Kinetic Group, has established a battery manufacturing facility in Ahmednagar, Maharashtra, with an annual production capacity of 60,000 units. The facility has been developed with an investment of Rs. 50 crores. The company has introduced a new battery brand, Range-X, targeting two- and three-wheeler electric vehicles (EVs). […]
Suzuki Motor Corp has announced a revised strategy for its operations in India, aiming to achieve an annual production capacity of 4 million vehicles by FY2030. The company outlined this plan in its mid-term management strategy for FY2025-30, released on February 20. The expansion is expected to serve both domestic and export markets, including Europe […]
