Gujarat State Fertilizers and Chemicals Ltd (GSFC) has commenced commercial production at its new Hydroxylamine Sulphate Crystal (FIX Crystal) manufacturing facility in Fertilizernagar, Vadodara. The company announced the start of operations on October 11, 2024, through a stock exchange filing. The newly commissioned plant has an annual production capacity of 6,600 metric tonnes. Despite this […]
Gujarat Toolroom Limited has raised ₹50 crores through a Qualified Institutional Placement (QIP), issuing 43,478,260 equity shares at ₹11.50 per share, including a premium of ₹10.50 per share. This capital raise marks an increase in the company’s paid-up equity capital from ₹11.66 crores to ₹16.01 crores, following the allotment of shares to institutional investors. The […]
Amneal Pharmaceuticals has announced plans to build two new manufacturing facilities in Ahmedabad, India, with an investment of between $150 million and $200 million over the next four to five years. These facilities will focus on peptide synthesis and advanced sterile fill-finish manufacturing, strengthening the company’s presence in the country, where it has operated since […]
JTEKT Corporation, headquartered in Kariya City, Japan, has announced plans to construct a new automotive parts manufacturing plant in Gujarat, India, through its local subsidiary, JTEKT India Limited. The new facility will be the eighth JTEKT plant in the country, with operations expected to commence in 2027. The new factory, located in Jalisana, Ahmedabad district, […]
Adani Group and Google have announced a collaboration aimed at expanding clean energy use in India, focusing on renewable power supply. Under the agreement, Adani will supply power from a solar-wind hybrid project in Khavda, Gujarat, which is expected to start commercial operations in the third quarter of 2025. The Khavda project, part of a […]
Tokyo Electron (TEL) has entered into a partnership with Tata Electronics to supply equipment and provide training at India’s first semiconductor fabrication facility, located in Dholera, Gujarat. The facility is being developed in collaboration with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) and will focus on both front-end fabrication and back-end packaging technologies. The partnership is […]
Interarch Building Products Limited, a company specializing in pre-engineered buildings (PEB), has acquired 51,926 square meters of land in Gujarat. The acquisition, which involved an investment of INR 7 crore, is part of the company’s efforts to increase production capacity and enhance its presence in Western India. The newly acquired land is expected to help […]
Tata Electronics, a subsidiary of Tata Sons Pvt. Ltd., has entered a definitive agreement with Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC) to build a semiconductor fabrication plant in Dholera, Gujarat. This facility is expected to produce up to 50,000 wafers per month and will focus on the production of chips for applications such as power […]
