Raghu Vamsi Group has begun constructing a new manufacturing facility in Telangana, backed by an investment of ₹300 crore, as per a company statement. Located in Telangana’s Hardware Park near the international airport, the eight-acre site will support manufacturing and research activities. The facility will feature production units for 15 Original Equipment Manufacturers (OEMs) and […]
Bharat Petroleum Corporation Limited (BPCL) plans to establish an oil refinery and petrochemical complex in Ramayapatnam, Nellore district, Andhra Pradesh, with an investment of Rs 60,000 crore. The project will be located on a 1,000-acre site identified after feasibility studies were conducted on three potential locations: Srikakulam, Machilipatnam, and Ramayapatnam. The site was selected due […]
INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) have signed a Memorandum of Understanding (MOU) to evaluate the feasibility of establishing a 600,000-ton-per-year acetic acid production facility at GNFC’s site in Bharuch, Gujarat. India currently imports about 85% of its annual acetic acid requirements, according to GNFC Managing Director Pankaj Joshi. The […]
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 […]
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, […]
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 […]
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 […]
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 […]
Balu Forge Industries Ltd. (BFIL) and Swan Energy Limited (SEL) have signed an MoU to establish a Special Purpose Vehicle (SPV) aimed at developing opportunities in the aerospace, defense, and railway sectors. The agreement outlines a capital structure where BFIL will contribute 40% of the SPV’s equity, with SEL holding the remaining 60%. The SPV […]
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 […]
