HSG Laser has announced plans to invest $10 million in constructing a new production facility in India, as part of its strategy to enhance localized services and expand its manufacturing network. The facility aims to support the growth of India’s metal forming industry by increasing production capacity, providing advanced laser cutting equipment, and creating local […]
SANY India, a construction equipment manufacturer, has opened a new manufacturing facility within its 90-acre campus in Pune, increasing its production capacity and fabrication capabilities. According to the company, the factory can produce over 14,000 units annually and has a fabrication capacity exceeding 100,000 metric tons per year. This expansion aims to support the growing […]
Chinese electronics company Hisense Group is set to acquire a 15-26% stake in a new manufacturing plant being developed by Epack in Sri City, Andhra Pradesh. The facility, focusing on the production of air conditioners and washing machines, represents an initial investment of ₹250 crore in its first phase, according to a report by PTI. […]
Haier Appliances India has announced plans to establish its third manufacturing facility in southern India, aiming to expand its production capabilities, according to a report by PTI. The company is currently finalizing the location for the plant, which is expected to become operational between 2026 and 2027. The proposed facility will primarily serve the domestic […]
Super Miles Autoparts Pvt. Ltd. has announced plans to implement a semi-automated assembly line for its 12V and 24V diaphragm-type electric vacuum pumps. The assembly line is expected to become operational at the company’s facility in India during the upcoming financial year. According to an announcement by the company, this move is intended to enhance […]
Narmadesh Brass Industries Limited, a subsidiary of Sprayking Limited, has secured an export order valued at approximately INR 5 million. The contract involves the supply of 100 tonnes of brass billets to a Dubai-based client, with the final destination for the products being China. Key Details of the Contract: Sprayking Limited, which specializes in manufacturing […]
Sterling Tools Limited, through its wholly owned subsidiary Sterling Tech-Mobility Limited, has entered a technical collaboration with Zhejiang Meishuo Electric Technology Co., Ltd., China. The partnership aims to manufacture latching relays in India for applications in the energy sector, industrial grids, and consumer appliances. The collaboration includes an initial investment of ₹20 crore for setting […]
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, […]
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 […]
Chinese electric vehicle manufacturer BYD has decided to pursue an import-only strategy for the Indian market, following the rejection of its $1 billion investment proposal to establish a local manufacturing facility. The shift in approach aligns with India’s new EV policy, which BYD will navigate by continuing to import its vehicles rather than building them […]