December 13, 2024
DuPont, in partnership with CHIME Performance Polymers Private Limited, has established a facility for DuPont™ MOLYKOTE® anti-friction coatings in Sriperumbudur, Chennai, a region known for its automotive parts manufacturing sector. The facility aims to support both customer trials and regular production of anti-friction coatings. The new unit is equipped with advanced pre-processing and testing technologies, […]
December 7, 2024
Suven Pharmaceuticals Limited has announced the acquisition of a 56% equity stake in NJ Bio, Inc., a Contract Research, Development, and Manufacturing Organization (CRDMO) specializing in antibody-drug conjugates (ADCs) and related technologies. The acquisition involves a mix of secondary share purchases and a primary equity infusion, amounting to $64.4 million. As part of the transaction, […]
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
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 […]
October 26, 2024
Jabil, a U.S.-based electronics component manufacturer and supplier to Apple, announced plans to expand its operations in India with an investment of $250–275 million (₹2,102–₹2,312 crore). This expansion will see the establishment of at least two new facilities over the next three to four years, according to a press release issued by the company. The […]
October 13, 2024
The US and India have agreed to collaborate on establishing a semiconductor fabrication facility in India, as part of an ongoing effort to strengthen the country’s manufacturing sector. The plant will focus on producing infrared, gallium nitride, and silicon-carbide semiconductors. This development follows a meeting between US President Joe Biden and Indian Prime Minister Narendra […]
