Page 42 - Manufacturing Industry

Medical value travel industry in India to reach $ 9-bn by 2020: Study

Cost effectiveness and superior outcomes help India to emerge as one of the preferred global medical value travel destinations, says a FICCI-IMS Health study

Transformers and Rectifiers forms JV with China's Jiangsu Jingke

With this JV, which manufacture products such as GIS, HGIS, etc, the company has forayed into transmission and distribution (T&D) sector

ABB to install solar-based microgrid at Vadodara facility

The move, aimed at boosting renewable energy generation, will provide uninterrupted power supply to the company's largest manufacturing facility

Adani Group buys Reliance Infrastructure's transmission assets

The transaction is in line with RInfra's strategic plan of monetising non-core business and focus on major growth areas like defence and EPC business

Zydus to market immunosuppressant drug of Switzerland's Neovii in India

The company has inked in-licensing pact with Swiss firm for the launches Grafalon, an immunosuppressant extensively used in solid organ transplants and stem cell transplant

Jubilant's lyophilised kit for radiopharmaceuticals receives Australian approval

The company has received TGA's nod for lyophilised kit for the preparation of Technetium 99m Macro-Aggregated Albumin (MAA) injection

Mitsubishi Rayon & Lamborghini to jointly develop composites for automotive

While Mitsubishi will use its expertise in carbon fibre composite material, Lamborghini will bring in its technology and knowledge in developing light-weighted auto components

French chemicals firm Arkema to invest Rs 100 cr in resins facility in India

The facility, to be built at Navi Mumbai, will manufacture polyester powder resins, which are used in industrial coatings along with automotive and architectural applications

Australia's Nufarm off-loads stake in Excel Crop Care to Sumitomo Chemical

Japanese chemicals company has bought Nufarm's 14.69 percent stake in Excel Crop Care for about Rs 200 crores

Intas Pharma acquires Teva's UK and Ireland assets for GBP 603 mn

Acquisition will help Intas to strengthen its presence in European healthcare sector, one of its key overseas markets

Emergent BioSolutions bags $1.6 bn contract for anthrax vaccine in US

The company was awarded the contract by the Biomedical Advanced Research and Development Authority (BARDA) for advanced development & delivery of NuThrax vaccine

Blue Star forays into residential water purifiers market

The company aims to corner 15 percent marketshare of the residential water purifiers market, currently pegged at about Rs 4,200 crores, in about 3 years

Hero Motocorp undertakes drive against spurious parts suppliers

The company has conducted raids with Delhi police to seize more than 50,000 spare parts, counterfeit labels & packaging materials

Jubilant receives US FDA approval for Ruby-Fill in heart test

Ruby-Fill, for which the current estimated US market size is $ 76 million, has a potential to grow up to $ 250 million annually in the next five years

Jain Irrigation bags orders Rs 284 crores order for water supply projects

The company will be responsible for design & execution of water supply projects, located in Karnataka, and operation & maintenance (O&M) for 60 months

BHEL bags Rs 430 crore modernisation contracts for hydroelectric plants

The company has secured two renovation & modernisation (R&M) contracts for hydroelectric plants in Balimela (Odisha) and Bairasiul (Himachal Pradesh)

Manali Petrochemical buys Notedome to tap polyurethane market in UK

The company has acquired the UK-based system house, which manufactures Neuthane polyurethane cast elastomers

Dassault Reliance Aerospace expects a windfall from Indo-France Rafale deal

The JV, formed by Dassault Aviation, the maker of Rafale fighter aircraft, and Anil Ambani-promoted Reliance Infrastructure, aims to tap opportunities in aerospace sector

Conquering the data mountain in manufacturing industry

The amount of data pouring out of plant operations on a daily basis is a familiar challenge for process manufacturers today

Indian Oil Corp to spend Rs 9814 crore for expansion of two refineries

IOCL will invest Rs 8287 crores and Rs 1527 crores for expansion of refineries at Barauni (UP) and Panipat (Haryana), respectively