Page 85 - Manufacturing Industry

Smart policy push a must to unleash India's manufacturing potential: Ajay Shankar

Manufacturing sector key to India's growth & social equality, and growth in manufacturing and services sectors should go hand-in-hand, says experts at CII's Manufacturing Summit 2015

Garware-Wall's polypropylene geotextile receives CE-marking certificate

The certification will further strengthen its international presence by seamlessly circulating its products across 30 countries of the European Economic Area (EEA)

Arkema to invest in 3D printing research

An international team of researchers and engineers dedicated to developing solutions for 3D printing is based in Arkema's R&D centres in France and USA

Asian Paints to set up Rs 2300-cr facility in Mysuru

Asian Paints will set up the six lakh kilolitre per annum paint manufacturing facility in a phased manner

Rolta bags $13 mn contract for petrochemical complex project

The company has bagged addition contract for engineering information asset solution for one of the world's largest petrochemical complexes

Toshiba acquires majority stake in wastewater treatment firm UEM

Toshiba bought additional 54% stake from the founders and IVFA to become the majority owner with 80% shareholding in UEM

Albemarle to expand lithium battery materials production by 50,000 tonnes

The company is evaluating potential sites, including several locations in the US and Asia, for the new plant, which is expected to be operational in 2020

MRF inks MoU for Rs 4500 cr expansion in Tamil Nadu

The company will invest around Rs 4,500 crore at its Perambalur and Arakonam plants over a period of seven years

Greaves Cotton launches farm equipment under Sampurna Swadheshi program

Under this program, Greaves Cotton's R&D centre has developed exclusive products after detailed understanding of Indian farming requirements

ABB bags Rs 119 cr order from Adani Group for solar power projects

Spread across Karnataka, Tamil Nadu and Andhra Pradesh, these projects will connect more than 850 MW of solar energy to the grid

Texmaco Rail acquires 76% stake in Bright Power Projects

The acquisition of Mumbai-based railway electrification company will help Texmaco strengthen its positioning as a total rail solution provider

L&T bags Rs 1700-cr EPC order for power plant in Bangladesh

The order, awarded by Japan's Marubeni Corp, is for setting up the Bibiyana III 400 MW combined cycle power plant project of Bangladesh Power Development Board (BPDB)

HCL and IBM to co-develop Internet of Things solutions for manufacturing

Two companies will set up an incubation center at Noida to jointly develop these solutions for the chosen industries

CMI to set up cables manufacturing unit in Haryana

The company acquires Danish company FL Smidth's Bawal facility for this purpose. CMI plans to invest about Rs 20 crore on the acquisition and setting up of the new facility

Anand Pattani to head EPC major Black & Veatch in India

Pattani to focus on expanding operations in the Smart Cities and critical human infrastructure space besides working on the successful completion of IOC's regasification terminal at Ennore

JK Tyre buys Kesoram's Haridwar tyre plant for Rs 2,200 cr

The acquisition will help JK Tyre to entry into the fast growing 2/3 wheeler tyre and further expand in the truck and bus radials segment

Big oil companies turns to big data as oil prices plunge

Big data is becoming a critical competitive advantage, and as a result, oil & gas M&A activity will spreads from oilfield services consolidation into IT plays, says Lux Research

Henkel to collaborate with start-up DropWise for hydrophobic coatings

Two companies aim to explore the novel hydrophobic coating applications to improve the efficiency of industrial equipment, such as heat exchangers used in refineries, power plants, etc

The coming of age of construction chemicals in India: Giles Everitt

Buoyed by initiatives such as 'Housing for All' and '100 Smart Cities', consumption of construction chemicals is set to go up along with robust growth in cement and construction sectors

Havells opens electric water heater plant in Rajasthan

Set up with an investment of Rs.100 crore, Neemrana plant will start production with initial capacity of 3,00,000 units per annum