Pristine Value Logistics has partnered with Antariksh Group for a long-term leasing agreement to develop a Grade A built-to-suit (BTS) multi-client warehouse facility at Antariksh LogiPark in Bhiwandi, near Mumbai. The facility is designed to support diverse sectors, including pharmaceuticals, consumer healthcare, food, automotive spare parts, electronics, industrial products, and e-commerce. The new facility will […]
Mahindra & Mahindra Limited has announced the incorporation of Target Hybren Private Limited, a wholly-owned subsidiary of Mahindra Susten Private Limited (MSPL). This new subsidiary was registered on December 6, 2024, in Mumbai, Maharashtra. MSPL is itself a subsidiary of Mahindra Holdings Limited, which is fully owned by Mahindra & Mahindra. The authorized and paid-up […]
Welspun One Logistics Parks is investing $325 million in a 4.45 million square foot warehousing and industrial park at the Jawaharlal Nehru Port Authority (JNPA) Special Economic Zone (SEZ) in Navi Mumbai. Initially planned as a 1.2 million square foot project with an estimated investment of $84 million, the expansion reflects rising demand for integrated […]
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 […]
JSW Group and Korea’s POSCO Group have signed a Memorandum of Understanding (MoU) to establish an integrated steel plant in India with an initial production capacity of 5 million tonnes per annum. According to a press release from JSW Group, the two companies will also explore potential collaboration in renewable energy and battery materials for […]
Viraj Profiles Ltd inaugurated a new Piercer Mill at its Seamless Pipe Plant in Boisar, Mumbai, on October 21, 2024, marking its entry into the seamless stainless steel pipe sector. This addition expands the company’s product offerings, with production beginning on hot-finished mother hollows made from bright round bars. The facility’s seamless pipes are intended […]
Larsen & Toubro (L&T), an Indian technology and engineering company, has signed a Memorandum of Understanding (MoU) with Clean Core Thorium Energy (CCTE), a US-based advanced nuclear fuel company, to collaborate on the development and deployment of CCTE’s ANEEL™ fuel (Advanced Nuclear Energy for Enriched Life). The partnership aims to support the global adoption of […]
The Indian Navy is set to commission its sixth and final Kalvari-class submarine, Vagsheer, in December. The vessel, built by Mazagon Dock Shipbuilders Limited (MDL) in Mumbai, is undergoing its final testing phases. Part of Project 75, valued at Rs 23,562 crore, the Kalvari-class submarines have been constructed with technology transferred from the French firm […]
RRP Electronics Ltd has unveiled Maharashtra’s first OSAT (Outsourced Semiconductor Assembly and Test)/ATMP (Assembly, Testing, Marking, and Packaging) semiconductor manufacturing facility in Navi Mumbai, marking a major milestone in India’s quest for semiconductor self-reliance. The inauguration ceremony was graced by prominent leaders, including Maharashtra Chief Minister Eknath Shinde, Deputy Chief Ministers Devendra Fadnavis and Ajit […]
Lenovo has announced the launch of AI server manufacturing in India, along with the opening of a Research & Development (R&D) lab dedicated to Infrastructure Solutions. The move aligns with India’s ‘Make in India’ and ‘AI for All’ initiatives, marking a step in Lenovo’s strategy to expand its technological manufacturing and research footprint in the […]
