Indian Economy: News, Updates and Discussions

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$9 billion investment to develop nearly 18 Gigawatt solar projects in Maharashtra

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GCCs of multinationals may hire half a million in India this fiscal​

Huge numbers, would also mean office space absorption of more than 30 million square feet by GCCs alone. Great news for commercial office developers as well.

A combination of factors including wide availability of specialised skilled professionals, especially in the areas of technology, digital, analytics and AI, as well as a favourable cost environment make India a preferred destination, said top executives at Citi, PwC, EY and Grant Thornton.

According to EY estimates, the GCC headcount in the country is currently about 2 million.

This is estimated to increase to 4.5 million by 2030.

Citigroup, which recently exited its consumer banking business in India, is among those looking at a talent acquisition spree. Head of human resources Sara Wechter said Citi Solution Centres (CSCs) in India will hire at least 5,000 people in the next two years, taking the strength to more than 32,000 from 27,000 now. The focus will be on specialised skills in the areas of engineering, technology, analytics, AI, cloud and risk among others.

"India is a favoured ground for GCCs due to its robust engineering and technology arbitrage, along with a mature startup ecosystem," said Jaspreet Singh, partner, Grant Thornton Bharat. The emphasis on innovation, coupled with cost-effectiveness, enhances the appeal.

PwC India plans to double headcount at its Regional Delivery Centre in next two-three years, said Shirin Sehgal, deputy people officer.

"Over the last two years, our Regional Delivery Centre headcount has been increasing and stands at close to 10% of our total headcount," she said. "The range of services we offer has expanded to include more in-demand skill sets like digital transformation, cyber, forensics, analytics, cloud and emerging technologies like GenAI."

GCCS India: GCCs of multinationals may hire half a million in India this fiscal - The Economic Times

The in-house units of global companies in India across sectors such as banking, financial services and insurance (BFSI), pharmaceuticals, retail, energy, automotive and telecom are set to clock half a million gross hires, including attrition refills, this fiscal year, according to data from...

m.economictimes.com

 

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$4.25 billion contract for 100 Vande Bharat trains likely to be awarded to Alstom to manufacture them in India

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Asian Development Bank to set up International Fintech Institute in GIFT City

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Singapore and South East Asia's largest bank i.e. DBS Bank has also setup an International Financial Services Banking Unit in GIFT City

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DBS Targets US$1B in First Year of Operations at GIFT City in India - Fintech Singapore

DBS Bank has inaugurated its IFSC Banking Unit (IBU) in the Gujarat International Finance Tec-City (GIFT City) at Gandhinagar in India.

fintechnews.sg

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Temasek seeks partnerships to deploy $5 billion a year in India​

Means $30 to $35 billion or more investments in India by 2030 by Temasek

Temasek seeks partnerships to deploy $5 billion a year in India - Times of India

India Business News: Singapore’s Temasek Holdings plans to invest up to $5bn annually in India, with intentions to hire around four or five new investment professionals to

timesofindia.indiatimes.com

OnePlus has inaugurated its latest OnePlus Experience Store at the Forum Mall, located on Konanakunte Cross, Kanakapura Road in Bengaluru. This new store, spanning 1711 square feet, aims to provide an immersive space to explore.

OnePlus opens its new Experience store in Bengaluru: Details

OnePlus has opened a new experience store in Bengaluru, India, showcasing its range of smartphones, TVs, and other products. The company is also rumored to be launching its flagship OnePlus 12 in December.

www.livemint.com

Japan's Marubeni expresses interest to establish high-tech industrial park in Kolar with ₹10,000 crore investment ($1.25 billion)​

Japan's Marubeni expresses interest to establish high-tech industrial park in Kolar with Rs 10,000 crore investment

The proposed industrial park, spanning 720 acres of land, is planned to be developed in Bavanahalli near Vemagal, Kolar district, is expected to create 40,000 jobs

www.moneycontrol.com

UBS expects Havells' addressable market to reach $40 billion in five years, expects 46% upside​

UBS expects Havells' addressable market to reach $40 billion in five years, expects 46% upside - CNBC TV18

According to the brokerage, Havells' estimated addressable market, which is currently around $25 billion is likely to grow up to $40 billion by 2028, registering a growth of 10 percent per annum.

www.cnbctv18.com

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This Japanese tech major is set to invest $2 billion in data centres across India​

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SBI to fund $4.25 billion Adani PVC manufacturing project

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Industrial and warehousing park supply to touch 435 million sq ft, grow 15% in FY24: Report!​

Industrial and warehousing park supply to touch 435 million sq ft, grow 15% in FY24: Report

The top five markets, Mumbai, NCR, Pune, Chennai, and Kolkata, accounted for 75-78 percent of total IWLP stock in India as of March 2023.

www.moneycontrol.com

India will have solar module manufacturing capacity of 100 GW per annum by 2026: Bhupinder Bhalla, Secy, MNRE

India will have solar module manufacturing capacity of 100 GW per annum by 2026: Bhupinder Bhalla, Secy, MNRE - ET EnergyWorld

Clean Energy Ministerial: This will not only make India self-sufficient in solar manufacturing but also enable us to export a significant part of our output and we are quite confident of achieving this, Bhalla said.

energy.economictimes.indiatimes.com

India's Auto Parts Manufacturing Industry To Reach $80 Billion By 2026 Thanks To MSMEs

Indias Auto Parts Manufacturing Industry To Reach $80 Billion By 2026 Thanks To MSMEs

The Indian Auto Component industry is witnessing remarkable growth in exports, currently valued at $13.3 billion in FY21.

zeenews.india.com

L&T Bags Mega Bullet Train Order In India Worth Nearly A Billion Dollars

L&T Bags Mega Bullet Train Order In India Worth Nearly A Billion Dollars

www.ndtv.com

Curlec by Razorpay targets over $2 billion annualised transaction value by 2025 in Malaysia

Curlec by Razorpay targets over $2 billion annualised transaction value by 2025 in Malaysia

Harshil Mathur, the Co-Founder & CEO of Razorpay, expressed optimism about the Malaysian market's growth potential. As of now, the digital economy in Malaysia is estimated to be around $20-21 billion, and it is projected to nearly double to almost $50 billion by the next year.

www.cnbctv18.com

 

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France based IT services giant Teleperformance to hire 60,000 people in India in the next 2 years​

Currently, the company has centres in locations like Gurugram, Hyderabad, Mumbai, Chennai, Jaipur, Indore, and Mohali and is mulling to open additional centres in Noida, Bengaluru, Pune, and Hyderabad to fuel its growth plans.

The talent base is what makes India a strategic talent hub for Teleperformance, said Anish Mukker, CEO of Teleperformance in India. “India is doing lot of high-end non voice work already. And for that India has the best talent that any country has to offer, whether it is underwriting or financial planning or solving problems for customers…there is no other country that offers better talent,” Mukker told Business Standard.

https://www.business-standard.com/companies/news/teleperformance-to-hire-60-000-in-2-years-as-it-expands-india-operations-123072400668_1.html

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Indian IT industry expected to grow to $350 bn by 2030, to double employment

Indian IT industry on track to grow to $350B by 2030; 5M+ employ, double in 10 yrs; 8% GDP contribution; AI, 5G, Cloud, sustainable tech driving growth; need for infrastructure, skill enhancement, education & healthcare for vulnerable. #BengaluruTechSummit #ITIndustry #Growth

www.thehindubusinessline.com

Yantra To Invest Rs 100 Crore In India’s Generative AI Market

As part of its expansion plan, Yantra aims to hire 500 employees over the next two years.

www.bqprime.com

Foxconn to invest another $1.6 billion in India in China+1 push

Foxconn to invest NT$50B ($1.6B) in India to diversify outside China, expand footprint. Will create 14,000 jobs, build factories, explore semiconductor production. Chairman Young Liu says investment is only beginning, capex to grow more this year.

www.thehindubusinessline.com

Now $4.4 trillion!

Bharat Bio plans to invest ₹3-4K crore in post-Covid shift

Read this exciting story from Business Standard September 25, 2023. Not thinking about an IPO as of now, says chairman

www.magzter.com

Make In India Push: Govt Targets To Raise Local Sourcing of IT Parts To $20 Billion - News18

The government is not happy with the heavy dependence on China, and does not find the current ecosystem of component sourcing healthy, says an official

www.news18.com

Apple to Scale Up India Production Fivefold to $40 Billion

Apple Inc. plans to increase production in India more than fivefold within the next five years, PTI reported, citing government officials it didn’t identify.

www.bloomberg.com

Goldman Sees India Bond Inclusion Spurring $40 Billion Inflows

Goldman Sachs Group Inc. sees India’s inclusion to JPMorgan’s key emerging market index spurring inflows upwards of $40 billion to the country’s bonds markets over the next 18 months.

www.bqprime.com

Nvidia CEO Touts India as Major AI Market in Bid to Hedge China Risks

CEO Jensen Huang is betting on India’s potential to become ‘one of the largest AI markets in the world.’

www.bloomberg.com

Casio to start local manufacturing of watches in India by the end of 2023

NEW DELHI: Leading Japanese consumer electronics maker Casio would start local manufacturing of watches by the end of this year in India, which is a priority ma

www.newindianexpress.com

PE-VC Investments Increase To $5.2 Billion In August As Large Deals Shoot Up

PE/VC funds raised $1.5 billion compared to $583 million in August 2022, as per the report.

www.bqprime.com

Schneider Electric India plans to invest ₹ 3,200 Crore by 2026: CEO & MD Deepak Sharma

Schneider Electric India has lined up an investment of Rs 3,200 crore by 2026 to increase its footprint in the country, company's CEO & MD Deepak Sharma said.

tradebrains.in

Exclusive | Boeing eyes India as upcoming MRO hub, aims to ramp up sourcing to Rs 10,000 crore - CNBC TV18

Boeing has delivered 12 P8 aircraft which have a cumulative flying hour of more than 40,000. P8 is a maritime patrol and reconnaissance aircraft. The company is in talks with the Indian Navy to add 6 extra P8 to the Navy's fleet.

www.cnbctv18.com

https://www.manufacturingtodayindia.com/sectors/micron-breaks-ground-for-2-75-billion-semiconductor-plant-in-gujarat-under-india-semiconductor-mission

India's economy projected to reach $7.3 trillion by 2030

India's economy projected to reach $7.3 trillion by 2030

in.investing.com

 

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On American shelves, Made-in-India is slowly replacing Made-in-China

While US goods imports from China declined by 10% from 2018 through 2022 in inflation-adjusted terms, they rose by 44% from India, 18% from Mexico and 65% from the 10 countries of the Association of Southeast Asian Nations (ASEAN), a recent study by Boston Consulting Group has pointed out.

economictimes.indiatimes.com

CapitaLand India Trust secures Rs 1,300-crore construction loan for Navi Mumbai data centre

Navi Mumbai real estate update: The company said that construction of the data centre has commenced and is scheduled for completion by mid-2025.

www.moneycontrol.com

Adani Enterprises aims big on data centers with $1.5 billion capex planned

Adani Enterprises is planning to build nine data centers and targeting a total capacity of 1 gigawatt by 2030. This will provide infrastructure for the booming digital services demand in the nation of 1.4 billion people thats already luring the biggest global firms such as Amazon.com Inc and Google.

economictimes.indiatimes.com

InoxGFL bets big on battery chemicals in $1 bn investment

In an interview, Devansh Jain, executive director, InoxGFL said the factory investment is in the initial phase of discussions

www.livemint.com

Aequs bags 10-year deal to supply parts to Airbus

Belagavi-based precision manufacturing company Aequs has secured a 10-year contract to produce parts for Airbus' A320, A330neo, and A350 aircraft. The agreement involves manufacturing detailed parts and bench assembly for wings, fuselage, and pylons of Airbus' single-aisle family of aircraft.

economictimes.indiatimes.com

Amazon Expands Renewable Energy Footprint In India With 198 MW Wind Farm​

Amazon Expands Renewable Energy Footprint In India With 198 MW Wind Farm

The wind farm in Osmanabad is the seventh utility-scale renewable energy project announced by Amazon in India within the past year.

inc42.com

Tesla ready to invest $2B to build in India

Tesla ready to invest $2B to build in India

in.investing.com

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Adani Group’s $1.1 bn copper project to start operations from March 2024

Adani, at the company's AGM a few days back, stated, "Of the several projects underway, two of the key ones include the Navi Mumbai Airport and the Copper Smelter, and both are on schedule".

indianexpress.com

Zetwerk plans to invest ₹1000 crore in electronics manufacturing

Zetwerk, a manufacturing unicorn, plans to invest ₹1000 cr to expand its consumer electronics manufacturing. It aims to enter EV, IT hardware, and laptop categories, and is in talks with international brands. It currently produces 1 mn devices/month and is looking to tie-up with govt. to access...

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Adani’s New Mega Port to Lure World’s Biggest Ships to India

When Zhen Hua 15 — a heavy load cargo carrier sailing from the East China sea — unloaded at Vizhinjam port on Sunday, it did more than just setting down the site’s first gigantic cranes. It also put India on the map for the world’s biggest container ships.

www.bloomberg.com

Indian startups raised over $1.2 Bn in October: Report

Monthly Report Highlights: Funding in October 2023 is on par with the same month a year ago (October 2022).

entrackr.com

Apple nears $10 bn India revenue

The revenue estimates come on the back of 47.8% growth in sales to $5.9 billion and strong profitability growth in India

www.livemint.com

No Nation in the World Is Buying More Planes Than India. Here’s Why.

While most Indians travel by road or rail, the country is engaged in a major expansion of its aviation industry to serve the needs of its middle class.

www.nytimes.com

Carrier to invest $800 million in India over the next 5 years, says CEO - CNBC TV18

Carrier CEO aims for double-digit growth in India

www.cnbctv18.com

Dhruva Space to build 2.8 lakh sq ft satellite infra manufacturing facility in Hyderabad

Dhruva Space expects to finish the construction of the first phase of the manufacturing plant in the next 18-24 months

www.moneycontrol.com

Emaar India to Invest $1.85 Billion for Growth

Emaar India's $1.85B investment marks a major leap

www.constructionworld.in

India leaves Europe behind in 5G network expansion

Ivan Razon, Vice President of Strategy and Corporate Affairs at Ericsson, underscored India's 5G Standalone availability, while also noting a substantial lag in progress in Europe.

www.moneycontrol.com

India's Electricity Demand Just For ACs To Exceed Africa's Total Consumption

India's demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said today.

www.ndtv.com

Krypton Solutions likely to invest $100 million in Karnataka

Noting that Texas Instruments was the first technology company to set up an R&D centre in Bengaluru in 1985, the release said, the company's R&D centre in the city is the largest outside of the Texas Instruments’ headquarters in Dallas.

www.moneycontrol.com

India could host 200+ unicorns by 2025, says USIBC Chairman Edward Knight - CNBC TV18

India and US can collaborate on artificial intelligence and cybersecurity, says Edward Knight, Chairman of USIBC

www.cnbctv18.com

Renaissance Solar And Electronic Materials Plans $300 Million Investment Following Its Official Launch

The launch of RSOLEC aligns with India’s "Atmanirbhar Bharat" mission, showcasing the country's capabilities in the solar value chain

startup.outlookindia.com

Sify to invest ₹9,000 crore in six years on data centres

Sify Technologies is investing ₹9,000 crore in the next 5-6 yrs to expand its data centre capacity from 100 MW to 350 MW. The company is investing ₹3,000 crore in current projects, and another ₹3,000 crore in new projects in Chennai, Mumbai, Noida and Bengaluru. The next phase of expansion will...

www.thehindubusinessline.com

India tops AIIB's project funding list with $10 billion allocation By Investing.com

India tops AIIB's project funding list with $10 billion allocation

www.investing.com

India aiming to monetize $24 billion worth of highways by 2027

With 4,000 kilometers to 4,500 kilometers (2,796.2 miles) of new roads likely to be commissioned annually by the National Highways Authority of India over the next three years, the government can monetize these assets through a Infrastructure Investment Trust or toll-operate-transfer model...

www.moneycontrol.com

Data centers to attract $10bn investments over next 3-years: CII-Colliers - Times of India

India Business News: NEW DELHI: Data centres are likely to attract investments of $10 billion in the next three years on rising demand for storage capacity with a sharp gr.

timesofindia.indiatimes.com

VVDN to make 4G, 5G modules for Italy's Telit Cinterion

This is the first time such modules will be manufactured in India.

www.livemint.com

E-commerce To Grow To $300 Billion By 2030, Shipments By 3rd-Party Logistics Firms To 17 billion: Redseer

According to the report, as the third party logistics (3PL) scales up, the cost per shipment is projected to decrease by 23%, dropping from Rs 60 in 2023 to Rs 47 by 2030.

www.bqprime.com

SOLIS-IDC to invest USD 2 bn in India to set-up data center - ET CIO

With a strong presence in the global tech industry, the company's decision to invest in India is expected to have far-reaching implications for the country's digital ecosystem.

cio.economictimes.indiatimes.com

Discover thousands of collaborative articles on 2500+ skills

Discover 100 collaborative articles on domains such as Marketing, Public Administration, and Healthcare. Our expertly curated collection combines AI-generated content with insights and advice from industry experts, providing you with unique perspectives and up-to-date information on many skills...

www.linkedin.com

JPMorgan M&A Head Sees Up to $150 Billion Funds Focused on India

Investors have about $2 trillion of funds available to invest, and about $100 billion to $150 billion of that is focused on India, according to Anu Aiyengar, JPMorgan Chase & Co.’s global head of mergers and acquisitions.

www.bloomberg.com

 

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If we look at the global Electronics Manufacturing Services (EMS) space, India formed a small part of around 2.2% two years ago, but it is expected to grow the fastest at 32% CAGR from 2021 to 2026.

Electronics manufacturing poised for breakthrough growth

www.deccanherald.com

Gogoro has already committed to investing $1.5 billion in western Maharashtra state including in a factory where it will build its CrossOver e-scooter in partnership with Foxconn, Horace Luke told reporters in New Delhi.

Gogoro to make e-scooter bikes in India, rolls out battery swap network

Gogoro has already committed to investing $1.5 billion in western Maharashtra state including in a factory where it will build its CrossOver e-scooter in partnership with Foxconn, Horace Luke told reporters in New Delhi.

economictimes.indiatimes.com

 

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Foxconn to invest additional $1.7 billion in India’s Karnataka state

Foxconn to invest additional $1.7 billion in India's Karnataka state

(Reuters) - Apple supplier Foxconn plans to invest an additional 139.11 billion rupees ($1.67 billion) in India's Karnataka state, the state government said in a statement on Tuesday. ($1 = 83.3900

theprint.in

 

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Ola built a new model from scratch and... they are already at designing server grade chips!!!

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GMDC to spend Rs 900 cr on first underground copper mine in Gujarat

State-run GMDC to spend Rs 900 crore on India's first underground copper mine near Ambaji.

www.thehindubusinessline.com

Advantec Wheels' new plant in Jammu & Kashmir to go on stream next year | Autocar Professional

The company is targeting opportunities in the domestic aftermarket and also plans to export finished products to the Middle East, US and Europe from its 200,000-unit capacity plant in Jammu & Kashmir.

www.autocarpro.in

Elest to set up $1 billion EV unit in Dharwad, Karnataka.

Titan Engineering to spend Rs 220 crore to ramp up fab component unit​

https://www.financialexpress.com/business/express-mobility/industry-express-mobility/titan-engineering-to-spend-rs-220-crore-to-ramp-up-fab-component-unitnbsp/3338178/

TATA steel aims to complete Kaliganganagar project expansion by december 2024

Tata Steel aims to complete Kalinganagar project expansion by Dec 2024: Vice President

Kalinganagar (Odisha), Dec 17 (PTI) Tata Steel aims to complete expansion of its Kalinganagar project by December next year, a company official said.

www.deccanherald.com

The top supplier to US chipmaker Micron Technology, Inc., Simmtech, which makes substrates, has received approval for setting up a unit in Sanand, Gujarat, close to the chip maker's facility, Ashwini Vaishnaw, minister for telecom, IT and railways, told Mint on Saturday.

Micron's top supplier Simmtech gets approval for set up unit in Sanand

Micron intends to build several semiconductor assembly and packaging units in India, in addition to its proposed fabrication unit

www.livemint.com

Himadri Speciality Chemicals to spend ₹4,800 crore for lithium-ion battery components foray - CNBC TV18

Himadri will be setting up a manufacturing facility with a total annual production capacity of 2,00,000 MT either directly and / or through its subsidiaries for manufacturing the Lithium-ion Battery components.

www.cnbctv18.com

NTT Data Lines Up $3 Billion Investment For India Data Center Business

India is the 'fastest area of growth' for NTT Data, Chief Executive Officer Bob Pryor said.

www.ndtvprofit.com

India's data centre mkt sees investment commitments of $21.4 bn in Jan-Jun 2023: CBRE

Real estate consultant CBRE has released a report 'From Bytes to Business: India Data Centre Market Powering Progress in 2023'.

www.moneycontrol.com

ONGC planning to build 2 MTPA Green Ammonia capacity by 2035: Head - New Energy - ET EnergyWorld

Ongc: The company is looking at more acquisition plans in the coming year in the renewable energy segment, he said

energy.economictimes.indiatimes.com

Sumitomo Chemical to set up new agrochemical plant in India

Japanese company eyes 2027 launch for 3rd facility to capture growing demand

asia.nikkei.com

Tata Tech opens vehicle software-focussed innovation centre in Coimbatore - ET Auto

Tata Tech Innovation Centre: The new centre at Coimbatore will provide new opportunities for local talent to work on global projects, upskill in new vehicle software areas and innovate solutions across the automotive value chain, the company said.

auto.economictimes.indiatimes.com

https://www.cnbctv18.com/economy/india-sez-act-companies-budget-2024-parliament-18580931.htm

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Tata Steel aims to complete Kalinganagar project expansion by Dec 2024: Vice President

Kalinganagar (Odisha), Dec 17 (PTI) Tata Steel aims to complete expansion of its Kalinganagar project by December next year, a company official said.

www.deccanherald.com

Global toy retailer Toys ‘R’ Us to start manufacturing in India from next year

The company has expedited the process of manufacture in India as the Bureau of Indian Standards (BIS) has mandated that all electric and non-electric toys bear the ISI mark, and toys without an ISI mark are not permitted to be sold in the country. WHP Global is a brand management firm with a...

economictimes.indiatimes.com

Mitsubishi Electric sets up manufacturing plant in Talegaon, 500 to get employment

The manufacturing plant has already recruited 100 employees, mostly locals, and plans to recruit 500 more employees.

indianexpress.com

M3M India to invest close to ₹1200 crore for developing a 333-acre township in Haryana

M3M India is expecting a topline of ₹5,000 crore from the project; The township is expected to emerge as a hub for industries, startups and unicorns

www.hindustantimes.com

NHAI collaborates with SPV to develop Rs 673 cr logistics park at Nagpur - ET Infra

Multi Modal Logistics Park: This project is poised to be the first MMLP in Maharashtra under the PM GatiShakti National Master Plan, making it a significant milestone in the country's development.

infra.economictimes.indiatimes.com

https://www.financialexpress.com/business/express-mobility/industry-express-mobility/titan-engineering-to-spend-rs-220-crore-to-ramp-up-fab-component-unitnbsp/3338178/

ZF to set up plant in Coimbatore, localise transmission and axle production for CE market

ZF to set up plant in Coimbatore, localise transmission and axle production for CE market | Autocar Professional

ZF to set up plant in Coimbatore, localise transmission and axle production for CE market

www.autocarpro.in

Aeroarc Partners with US Robotics Company and Japanese Drone Manufacturer to Boost Robotics Supply Chain in India

Aeroarc Partners with US Robotics Company and Japanese Drone Manufacturer to Boost Robotics Supply Chain in India - The 1014

the1014.co.nz

India's capability and innovation hub market to nearly double to $117 billion by 2027: Report​

India's capability and innovation hub market to nearly double to $117 billion by 2027: Report

Units engaged in oursourced work of overseas clients are referred as CIHs (capabilities and innovation hubs).

www.moneycontrol.com

Bidkin project back on track: Bags investment of more than Rs 3,000 crore - www.lokmattimes.com

Bidkin project back on track: Bags investment of more than Rs 3,000 crore - 12 industries to create 2,000 jobs, Two IT giants in talks VAIBHAV PARWAT Chhatrapati Sambhajinagar: The stalled investment in ... Get Latest News on Aurangabad only on lokmattimes.com

www.lokmattimes.com

NLC India's construction-grade sand plant to start operations in January

The plant will use mining waste to produce construction-grade sand, addressing the shortage of natural sand.

www.republicworld.com

GIFT City development plan for expansion to 3,300 acres with social infra in final stages

The Gujarat International Finance Tec-City (GIFT) is set to expand to over 3,300 acres and incorporate social infrastructure from 886 acres. The second phase development plan, which includes town planning schemes, is expected to be unveiled after the state government's review and public...

economictimes.indiatimes.com

Hindalco to invest Rs 800 crore for a new plant in Odisha

The plant, set to be opened in the eastern state of Odisha, is slated to be operational by July 2025 to produce 25,000 tonnes of aluminium foils, a key component in Lithium-ion cells essential for rechargeable batteries, primarily used in electric vehicles (EVs), the Aditya Birla Group-owned...

economictimes.indiatimes.com

Jakson Group Inaugurates State-of-the-Art Genset Manufacturing Plant in Maharashtra - Asia Pacific | Energetica India Magazine

Jakson Group Inaugurates State-of-the-Art Genset Manufacturing Plant in Maharashtra

www.energetica-india.net

Atlas Life Sciences India Pvt Ltd commences commercial production at its new plant

Asahi Songwon Colors Ltd's wholly owned subsidiary, Atlas Life Sciences India Pvt Ltd has successfully commenced the commercial production of API - Intermediate at its new plant at Chhatral, Dist: Gandhinagar, Gujarat on December 09, 2023.

www.equitybulls.com

MEPL SiddhoHum Opens Precision Mould Designing & Manufacturing Plant At Coimbatore - Machine Maker

MEPL SiddhoHum Opens Precision Mould Designing & Manufacturing Plant at Coimbatore

themachinemaker.com

https://www.manufacturingtodayindia.com/sectors/nithia-capital-announces-blast-furnace-commissioning-at-uttam-galva-metallics-limited

New Aptar Mumbai Site to Increase Manufacturing Capabilities

Aptar Pharma continues global expansion with new Aptar Mumbai site to increase manufacturing capabilities in growing South East Asia market

aptar.com

Nitin Spinners Ltd commences commercial production in Ring Spinning Unit

Nitin Spinners Limited has announced that the commercial production in Ring Spinning Unit of 32640 Compact Spindles at Begun Unit has started today i.e. 30.11.2023.

www.equitybulls.com

Visaka Industries Ltd commences commercial production at new VBoards unit at Midnapur

Visaka Industries Ltd has commenced the Commercial production at the Midnapur unit w.e.f. 7th December, 2023.

www.equitybulls.com

Vibcare Healthcare opens pharma manufacturing facility in Panchkula, Haryana - Express Pharma

The operationalization of Nihon Kohden's largest manufacturing facility within Reliance MET City

S V Goyal on LinkedIn: #reliancemetcity #metcity #metl #relianceindustries #nihonkohdenindia… | 17 comments

The operationalization of Nihon Kohden's largest manufacturing facility within Reliance MET City, Jhajjar, is a significant milestone in the industrial… | 17 comments on LinkedIn

www.linkedin.com

Government may project nominal GDP growth at 12% for FY25

Growth seen at 6.5–7% next fiscal, while inflation may be about 4.5–5%

www.businesstoday.in

Adani family to invest ₹9,350 cr ($1.2 billion) in Adani Green for 45 GW target by 2030​

Adani family to invest ₹9,350 cr in Adani Green for 45 GW target by 2030

Adani Green said funds will be utilised to reduce the company's debt and accelerate investment in various projects

www.hindustantimes.com