National News

India’s Core Sector Industries Grow By 12.1% In August 2023

The output of India’s eight core sector industries increased by 12.1 per cent (provisional) on a yearly basis in August 2023. The production of all eight core industries — cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products and steel — recorded positive growth in August over the corresponding month of last year, according […]

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Brands Companies Electronics Manufacturing National News

Apple To Expand India Production To $40 Bn In Over Next 4-5 Years: Report

Apple is reportedly planning a substantial expansion of its production operations in India, to increase its production value to approximately USD 40 billion over the next four to five years, as per undisclosed government sources cited by news agency PTI. These sources indicate that in the previous fiscal year, Apple achieved a production milestone by […]

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Companies Government Manufacturing News States

Ashok Leyland To Set Up Electric Bus Manufacturing Unit In Uttar Pradesh

Leading commercial vehicle manufacturer Ashok Leyland will set up an electric bus manufacturing unit in Uttar Pradesh. A memorandum of understanding (MoU) was signed in this regard between Ashok Leyland and the Uttar Pradesh government at a programme organised in the presence of Chief Minister Yogi Adityanath on Friday. Under the MoU, Ashok Leyland will […]

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Companies News

Exide Industries Invests Rs 100 Cr In Advanced Battery Cell Arm EESL

Exide Industries has announced a significant investment of over Rs 100 crore in its wholly-owned subsidiary, Exide Energy Solutions Ltd (EESL). The subsidiary specialises in the manufacturing of advanced chemistry battery cells. This announcement was made via a regulatory filing on Thursday. Exide Industries disclosed that the investment was made through a subscription to the […]

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Companies News States

PepsiCo To Invest $95 Mn In Assam Foods Manufacturing Plant

PepsiCo India anounced its ‘Partnership of Progress’ with the state of Assam in regard to its first foods manufacturing plant in Nalbari, Assam with an investment of Rs 778 crore (USD 95 Million). Spread over 44.2 acres, the state-of-the-art plant is proposed to be operational in 2025 and aims to provide direct and indirect employment […]

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Manufacturing News

Bühler To Invest CHF 21 Mn In India To Expand Manufacturing Capabilities

Swiss group Bühler is set to make a substantial investment of CHF 21 million (Rs 200 crore) over the next two to three years in India. The investment is part of the company’s strategic plan to enhance its manufacturing capabilities in the country and address the growing demands of a flourishing domestic market and customers […]

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Companies News

JSW Group In Talks With Chinese Carmaker Leapmotor To License EV Tech

India’s steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor’s platform – the structural underpinnings of a car on which it is built – to manufacture EVs in […]

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Companies Manufacturing National News

HP to Expand Manufacturing Operations In India Under PLI 2.0 Scheme

IT major HP is reportedly in talks for its application for the Production Linked Incentive Scheme 2.0 (PLI 2.0) which was recently revised by the Centre and has been receiving excellent response since then. HP’s PLI 2.0 participation was highlighted by a media report on Thursday which said the company is aiming to expand its […]

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Companies Manufacturing News

Reliance And Brookfield To Invest In Renewable Energy Manufacturing In Australia

Reliance Industries and Brookfield Asset Management have recently joined forces through an initial agreement aimed at exploring opportunities for manufacturing renewable energy and decarbonisation equipment in Australia. This collaboration is centred around a Memorandum of Understanding (MoU) with the objective of accelerating and de-risking Australia’s energy transition, focusing on local production of clean energy equipment […]

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Companies Electronics Manufacturing National News

Apple’s iPhone 15 To Be Made In India, Aims To Reduce Dependence On China

Apple’s upcoming iPhone 15, the next iteration of their smartphone, has commenced production in Tamil Nadu. This move is aimed at reducing the gap between their operations in India and their primary manufacturing hub in China. A facility operated by Foxconn Technology Group in Sriperumbudur is preparing to produce the latest iPhones shortly after they […]

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