Jabil Inc., an engineering, manufacturing, and supply chain solutions provider, has signed a Memorandum of Understanding (MoU) with the government of Gujarat. The agreement was formalized in Gandhinagar in the presence of Gujarat Chief Minister Bhupendra Patel. This MoU, following a similar agreement with Tamil Nadu in September 2024, signals Jabil’s intention to expand its […]
Kirloskar Ferrous Industries Limited has announced the commencement of operations at its new oxygen plant located in Bevinahalli Village, Koppal district, Karnataka. The facility, designed with a production capacity of 3,000 Nm³ per hour using VPSA (Vacuum Pressure Swing Adsorption) technology, became operational on November 15, 2024. The oxygen produced at the plant will be […]
The Gas Turbine Research Establishment (GTRE), a part of the Defence Research and Development Organisation (DRDO), has enhanced its manufacturing infrastructure by incorporating advanced CNC (Computer Numerical Control) machines. These upgrades are expected to strengthen the organization’s ability to produce high-precision components for jet engines, such as turbine blades and compressor rotors. According to an […]
AptarGroup has inaugurated a new pharmaceutical manufacturing facility in Taloja, near Mumbai. The facility will support the production of devices such as pressurized metered dose inhaler (pMDI) valves, breath-actuated devices, and single-dose nasal sprays. Spanning an additional 4,400 square meters, the Taloja plant is located adjacent to the company’s existing facility, which became operational in […]
OIL India Ltd (OIL) and GPS Renewables (GPSR) have entered into a 50-50 joint venture to develop eight Compressed Biogas (CBG) plants across India. The partnership will oversee the complete lifecycle of these plants under a Design, Build, Finance, Own, Operate, and Transfer (DBFOOT) model. The initiative aligns with increasing interest in CBG as a […]
Revalyu Resources has commissioned a second chemical PET recycling plant at its Nashik site in India. With an investment of $100 million, the facility increases the site’s total production capacity to 280 tonnes per day by 2025, making it a significant development in plastic recycling. The Nashik facility currently processes over 20 million post-consumer PET […]
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, […]
RSB Group, an Indian automotive component manufacturer, has outlined ambitious growth plans as it celebrates its 50th anniversary. The company aims to achieve ₹10,000 crore in revenue within the next three to four years, supported by a recent partnership with Bain Capital and a planned initial public offering (IPO). Founded in 1974 with an investment […]
Vedanta Limited announced a $500 million investment in AvanStrate (ASI), its group company specializing in display glass manufacturing. The investment aims to support research and development, expand manufacturing, and enhance ASI’s product offerings to meet global demand for advanced display glass products, according to a press release issued by Vedanta. ASI operates research and production […]
Tata Power Company Limited has finalized the acquisition of ERES-XXXIX Power Transmission Limited, a special purpose vehicle (SPV), for ₹18.56 crore in cash. The transaction, announced on November 15, 2024, marks the acquisition of 100% equity in the SPV. ERES-XXXIX was incorporated on March 27, 2024, to develop a power transmission project on a Build-Own-Operate-Transfer […]
