Page 86 - Manufacturing Industry

Why GST is must for Make in India?

With GST highly unlikely to see the light of the day on April 1, 2016, the Make in India dream appears to be under threat at this stage

Hero Motocorp opens first overseas plant in Colombia

The facility, which will produce to 80,000 units per year initially and then scale it up to 150,000 units in the next phase, to act as export hub for other Andean & Central American countries

Tata Power to invest Rs 450 cr in defence manufacturing facility in Karnataka

The company, which already has a defence manufacturing facility in Bengaluru and a R&D set up at Mumbai, will create an integrated digital design-to-manufacturing facility at Vemagal

Crompton Greaves bags a 3-year contract for transformers in France

As per the contract, CG will provide maintenance and repair services to French firm ERDF's 4,500 high power transformers

Reliance Defence and Abu Dhabi firm to collaborate for naval ship building

Two companies will partner for the construction of naval ships - including frigates, destroyers and other specialised vessels for the Gulf Cooperation Council (GCC) region

TVS Motor plans expansion at Hosur plant with Rs 350 cr investment

The investment, in its existing two-wheeler and three-wheeler plants, will be mainly for development of new products and for capacity expansion

Shree Pushkar Chemicals to forward integrate into dyes manufacturing

The company will set up a 3000-tonne reactive dyes facility. It also plans to set up a sulphate of potash (SOP) plant with 10,000 tonnes per year capacity

Vidhi Dyestuffs increase food colours capacity in Roha

This new development will enable the company to service the growing demand of synthetic food colours globally

Davis-Standard acquires Gloucester Engineering

Acquisition of Gloucester, in which the Mumbai-based Kabra Extrusion Technology holds a minority stake, will strengthen Davis-Standard's global aftermarket and blown film capabilities

Milacron's Mold-Masters expands hot runner facility in Coimbatore

This facility will predominantly manufacture the Mold-Masters' automotive and large part focused hot runner system - Fusion G2

Linc Pen & Plastics plans to set up new manufacturing facility

With the new plant, the company aims to increase the production capacity from 2 million pieces per day to 2.5 million units per day

Mahindra & Mahindra to invest Rs 2000 cr in Tamil Nadu for expansion

Mahindra Group is also looking to raise the investment - which will be spent for setting up a Mahindra Research Valley (MRV), test track for MRV & automotive plant - to Rs 4,000 crores by 2022

Maximise returns with integrated process optimisation software

By implementing integrated process optimisation software, Asian companies, faced with cost pressure and productivity issues, can drive efficiencies and maximise returns

Department of Biotechnology join hands with IITs for bioenergy research

The first virtual centre, spread across 5 IITs, for collaborative research will focus on the thematic areas of research in advance bio-fuel technologies

SunEdison commissions 8 solar systems for Delhi Metro

The solar systems, set up for newly finished Badarpur-Faridabad line, are built on the roofs of the stations and depot and are expected to generate 1.9 MW of solar power

Ostro Energy awards 100 MW wind power project to Inox Wind

The 100 MW project will be a part of the 'Inox Wind Park' of 200 MW capacity at Lahori, one of many such 'Wind Parks' being developed by Inox across the country

US-based Telephonics raises stake in JV Mahindra Telephonics to 49%

Mahindra Telephonics was the first defence aerospace JV company to address the growing need for defence electronics & RF systems in India with a particular focus on airborne radars

GSFC opens fully drawn yarn plant in Surat

Gujarat State Fertilizers and Chemicals is also planning to set up a new partially oriented yarn (POY) line and to install high speed spinning chips plant of 30,000 MTPA capacity at Kosamba

Malaysia's Petronas awards Wabag consortium Rs 1,500 cr contract for ETP

As per the contract, Wabag and Muhibbah Engineering will develop an effluent treatment plant (ETP) for Petronas' Refinery and Petrochemicals Integrated Development (RAPID) project in Malaysia

ABB appoints India head Bazmi Husain as global CTO

Husain, an expert in power and automation who has been with ABB for more than 30 years, will report to CEO Ulrich Spiesshofer