Page 105 - Manufacturing Industry

India in a leadership position to deal with climate change issues: Prakash Javadekar

The government is working on frameworks for developing India's Intended Nationally Determined Contributions (INDCs), which needs to be submitted before the Paris Climate Conference 2015

Aegis Logistics bags Rs 93 cr contracts from HPCL & BPCL

While it has won a 5-year contract from HPCLfor O&M services of POL depots/terminals, BPCL has awarded Aegis a two-year contract for tank farm operations

Alstom T&D commissions Rajasthan's first 765kV substation at Anta

The company had bagged the Euro 52-mn turnkey project for Anta substation in September 2011

Kokuyo Camlin to set up facility in Patalganga

The new facility at Patalganga (Maharashtra) will be one of the biggest facilities for Kokuyo worldwide

Divis Laboratories plans Rs 500-cr facility in Andhra Pradesh

This will be its third facility, which is expected to be located at Kakinada

Huhtamaki PPL completes Positive Packaging takeover deal

Huhtamaki, the Finland-based manufacturer of specialty packaging, had entered into an agreement to acquire Positive Packaging for Euro 247 mn in July 2014

Weakening of Euro to affect India's exports: FIEO

While most of the economies were contracting and deflation was being witnessed, the Greek verdict has added economic uncertainties in Europe, which account for about 18.5% of India's exports

'Brain drain' concern from developing countries is misplaced

'Indirect' learning in mature markets crucial to the growth of firms from developing countries such as India, according to a research at Cambridge Judge Business School, UK

Indosolar inks Rs 1250-cr wafer supply pact with Korea's Osung LST

Korean company with supply wafers to Indosolar, which will use it for manufacturing solar photovoltaic cells

Packaging equipment makers seek higher dumping duty on Chinese machinery

Indian Printing Packing and Allied Machinery Manufacturers Association (IPAMA) has sought further 10 per cent increase in import duty on second hand machineries from China

IIC seeks recognition, easier financing for social enterprises

Impact Investors Council (IIC), in its representation for Budget 2015, is requesting the Government to help galvanise the impact investment eco-system

Govt proposes SPV for setting up sewerage treatment plants in Ganga cities

A special purpose vehicle (SPV) is expected to help augment STP capacity to meet the growing requirement to treat effluents

India, Germany to collaborate for circular economy & water management

Two countries to set up working groups on water management & circular economy

BHEL commissions 600-MW thermal unit in Odisha

The unit was commissioned at Jindal India Thermal Power Limited's (JITPL) upcoming 2x600 MW thermal power project located at Derang in Angul District of Odisha

Amul aims for Rs 50,000 cr turnover by 2020

GCMMF to invest Rs 5,000 cr for setting up 10 plants to boost processing capacity from 230 lakh ltrs per day (LLPD) to 320 LLPD by 2020

Govt forms Empowered Committee to setup fab projects

The Empowered Committee to take all decisions to implement semiconductor wafer fabrication projects, whichare critical to promote electronics manufacturing in India

SAIL plans to hike Bokaro Steel Plant capacity to 13.4 MTPA

As per the draft vision document, which is not yet approved by the board, the company proposes to raise the plant's capacity from 4.36 MTPA to 13.4 MTPA over next 10-15 years

Suzlon sells Senvion to US-based Centerbridge for Rs 7200 cr

The company plans to use sale proceeds towards debt reduction and business growth in the key markets like India, USA and other emerging markets

Johnson Controls and Hitachi form global HVAC JV

Through the agreement, Johnson Controls will obtain a 60 percent ownership stake in Hitachi Appliances' more than Yen 300 billion sales (about $ 2.6 billion) global AC business

Auto industry must adopt best-in-class technology: Anant Geete

With environment issues becoming important, the auto industry should adopt the 'clean and green' technologies, said the minister