December 14, 2024
Hitachi Automation India Private Limited (HAIPL) has inaugurated a new manufacturing facility in the Chakan Industrial Area, Pune, Maharashtra. This marks the company’s second operational plant in India, complementing its existing facility in Manesar, Haryana. The new facility is part of HAIPL’s efforts to expand its business in India and address growing demand in the […]
December 14, 2024
Eros Group has commenced the construction of a new manufacturing facility near Pune, marking a significant step in its operational expansion. The company, with a 77-year history in the industry, held the groundbreaking ceremony on December 4, 2024. The facility will integrate advanced technology to enhance precision and efficiency. It will include a research and […]
December 14, 2024
The Ministry of Steel has introduced a Taxonomy of Green Steel, aiming to standardize the definition and assessment of low-emission steel in India. The taxonomy was launched during an event at Vigyan Bhavan, New Delhi, on December 12, 2024, with officials from various ministries, industry representatives, and international delegates in attendance. The taxonomy defines green […]
December 14, 2024
Amazon has announced a $120 million allocation from its Smbhav Venture Fund to invest in startups focused on digitizing consumer goods manufacturing in India. The initiative is part of a broader effort to expand the fund to $350 million, with a focus on fostering innovation in manufacturing, catering to domestic and global markets. This development […]
December 13, 2024
Thyssenkrupp Marine Systems (TKMS) has proposed establishing a submarine and warship construction hub in India in collaboration with Mazagaon Dockyards Limited (MDL). According to a report by The Economic Times, This proposal is linked to its bid for the Indian Navy’s P75I project, which involves building six diesel-electric submarines. The company estimates that manufacturing costs […]
December 13, 2024
LICO Materials has launched a battery recycling facility in Bengaluru capable of processing 17,500 metric tonnes of lithium-ion batteries annually. The plant currently has an infeed capacity of 4GWh per year, with plans to increase this to 10GWh in the near future. The facility is designed to recover critical materials such as lithium, cobalt, and […]
December 13, 2024
Welspun Tubular LLC, a subsidiary of Welspun Corp Ltd, held a groundbreaking ceremony for the expansion of its pipe manufacturing facility in Little Rock, Arkansas, USA. The $100 million investment, announced earlier in September 2024, aims to upgrade the High-Frequency Induction Welding (HFIW) pipe production capabilities and expand the company’s product range. The upgraded facility […]
December 13, 2024
AVG Logistics Limited has announced securing a ₹90-crore contract to provide logistics services to a domestic cement manufacturing company. The contract spans three years, starting in the third quarter of fiscal year 2025. The agreement marks AVG Logistics’ expansion into the cement sector, a critical component of India’s construction and infrastructure industries. The company will […]
December 13, 2024
DuPont, in partnership with CHIME Performance Polymers Private Limited, has established a facility for DuPont™ MOLYKOTE® anti-friction coatings in Sriperumbudur, Chennai, a region known for its automotive parts manufacturing sector. The facility aims to support both customer trials and regular production of anti-friction coatings. The new unit is equipped with advanced pre-processing and testing technologies, […]
December 13, 2024
The Indian Light Tank (ILT) has successfully completed a round of firing trials at an altitude exceeding 4,200 meters, demonstrating accurate results across multiple ranges, according to a press release issued by the Defence Research and Development Organisation (DRDO). This trial follows Phase I evaluations conducted in desert conditions in September 2024. The ILT, a […]