Page 89 - Manufacturing Industry

GSK to set up Rs 1000-cr pharma plant in Bengaluru

GSK to set up Rs 1000-cr pharma plant in Bengaluru The greenfield facility, which will have an installed capacity of over 9 billion tablets and capsules per year, is expected to be operational by 2017

Dutch firm DSM selects Wipro to provide IT solutions

Wipro will provide next generation workplace technology features such as predictive analytics, automation, multi-channel support, user experience management, etc to DSM

Kansai Nerolac plans Rs 180-cr paints plant near Amritsar

In addition, the company will set up an R&D centre, with an investment of Rs 40 crore, at Vashi, Navi Mumbai

Investment firm KKR to invest $ 150 mn in polyester maker JBF Group

A portion of the proceeds will be used by KKR to acquire 20 percent stake in JBF, which makes polyester value-chain products ranging from polyester chips, polyester yarn and films

Oriental Carbon plans Rs 159 cr investment to expand insoluble sulfur capacity

The company will raise capacity of insoluble sulphur, which is mainly used in tyre & rubber industries, by 11,000 metric tonnes per annum at its Mundra (Gujarat) facility

Indian companies should focus on frugal engineering for growth: Amitabh Kant

The DIPP secretary stressed that frugal engineering can drive economic growth by 9-10% for the next three decades

Crompton Greaves wins smart meters contract in Portugal

The company was selected as main supplier by Portuguese firm EDP for single phase smart meters

Essar awards Rs 80-cr contract to Alstom for Neyveli thermal power plant

As per the contract, Alstom will supply transformers package for Neyveli New Thermal Power Project, being developed by Neyveli Lignite Corporation in Tamil Nadu

France's Altran to buy Bangalore-based semiconductor designer SiConTech

The acquisition reinforce Altran global intelligent systems solution dedicated to autonomous systems, medical devices, connected cars, advanced air traffic control, smart sensors, etc

HSIL Ltd to invest Rs 217 cr to set up plastic pipes & packaging products plants

While the company will spend Rs 105 crores to build CPVC and UPVC pipes and fitting plant, it will invest Rs 112 crores in caps and closures project

Steel Strips Wheels to set up a hot rolling mill in Jharkhand

The company will invest Rs 55 crore in the mill, which is a part of its backward integration strategy

General Motors plans $1-bn investment in India by 2020

As a part of its consolidation plans, GM will shut down Halol (Gujarat) plant by 2016, while it will expand capacity at Talegaon (Maharashtra) manufacturing plant

Alkyl Amines Chemicals commissions solar power plant in Maharashtra

The 2-MW solar power plant in Osmanabad (Maharashtra) to generate electricity for the company's captive use

Victrex acquires US-based Kleiss Gears

Kleiss Gears' metal gear systems will complement with high-performance engineering polymer gears such as Victrex's PEEK

Auto market to drive global butadiene demand to cross 13 MMT by 2020

Recovery of the auto sector is expected to create higher tyres demand, which in turn is likely to drive the synthetic rubber and butadiene market through 2020, says a TechSci Research report

KSB Pumps plans Rs 250-crore expansion

The company, which will spent the capex over five years, will set up a new plant for manufacturing high-end engineered pumps for super critical thermal power plants

Siemens wins Rs 67-crore order from L&T for gas insulated switchgear

As per the contract, Siemens will supply 400 kV and 220kV GIS for a substation project of Himachal Pradesh Power Transmission Corporation Limited

Gain control over project costs and risk through better conceptual estimates during FEED

One of the biggest factors that may disrupt capital projects is a chronic escalation of project costs. New thinking is required to overcome the project cost and execution challenges

French firm Arkema expands Bostik adhesives facility in Bangalore

With the new hot melt pressure sensitive adhesives (HMPSA) production units, Bostik will be able to serve customers in the disposable hygiene market

SunEdison to supply 180-MW of solar power in Delhi via Tata Power

SunEdison will provide power to TTPDDL from solar power plants, which will be built in Madhya Pradesh and are projected to generate 375,000 megawatt-hours a year