November 6, 2024
Kothari Petrochemicals Limited (KPL) has announced plans to invest ₹74 crore to acquire land in Andhra Pradesh, supporting the company’s strategic expansion objectives. The investment was recently approved by the company’s Board, positioning KPL for long-term growth. KPL currently operates a production facility in Manali, Chennai, with an annual capacity of 48,000 tonnes. For the […]
November 6, 2024
Alkyl Amines Chemicals Ltd. has announced plans to establish a new manufacturing facility in Dahej, Gujarat, with an estimated investment of ₹115 crore to ₹150 crore. The company aims to increase its production capacity to meet both domestic and international demand for specialty chemicals, particularly in sectors such as pharmaceuticals, agrochemicals, and water treatment. According […]
November 6, 2024
Gensol Engineering Limited has been awarded a contract valued at Rs 780 crore from a public utility in Maharashtra to develop a 150 MWac ground-mounted solar photovoltaic (PV) power plant. The project will be completed within 15 months and includes full engineering, procurement, and construction (EPC) services. The agreement covers all phases of the project, […]
November 5, 2024
Kirby Building Systems India has expanded its production capacity at the Halol facility in Gujarat, doubling its pre-engineered steel building (PEB) output at the site to 100,000 metric tons (MT) per year. This addition brings Kirby India’s total installed capacity to 300,000 MT annually, when combined with its facilities in Hyderabad and Haridwar, each with […]
November 5, 2024
Zebra Technologies, a U.S.-based mobile computing and technology provider, has announced plans to increase its investment in the Indian market, specifically targeting growth in e-commerce, logistics, and manufacturing. The company has set an objective to double its growth in India by the end of 2025. To support this goal, Zebra Technologies intends to expand its […]
November 5, 2024
Eiko Lifesciences Limited has announced its entry into the shipping and logistics industry through the formation of a subsidiary, EikoVivify Logistics Private Limited (EVL). This strategic expansion, developed as a joint venture with Vivify Wealth Management LLP, aims to diversify Eiko Lifesciences’ business operations by providing container leasing, logistics, and management services for a range […]
November 5, 2024
Allison Transmission has announced a $100 million (Rs 833 crore) investment to expand its manufacturing facility in Chennai, India. The multi-year project will add 200,000 square feet to the facility, doubling its current production footprint. The expansion is scheduled to complete in 2025, with full operational capacity expected by 2027. The increased capacity will support […]
November 5, 2024
Haier Group has submitted a proposal to establish a joint venture with India’s JSW Group, involving an investment of approximately Rs 1,000 crore. The application, filed with the Indian government, is under review by an inter-ministerial committee led by the Home Secretary, in accordance with Press Note 3 of 2020, which requires government approval for […]
November 5, 2024
Godrej & Boyce’s Process Equipment division, part of the Godrej Enterprises Group, has announced the successful completion and shipment of over 20 pieces of equipment to two refineries in Mexico. According to a company press release, this dispatch is part of an ongoing effort to expand its presence in the Americas, particularly in markets such […]
November 4, 2024
Meril has inaugurated a new manufacturing facility under India’s Production Linked Incentive (PLI) scheme, an initiative aimed at boosting domestic manufacturing capacity. The virtual launch event included the participation of India’s Prime Minister Narendra Modi and Gujarat’s Chief Minister Bhupendra Patel. The facility, which will produce a range of healthcare products, aligns with the company’s […]