With the new investment plan, the manufacturing capacity of SMI will be increased to 3200 machines a year in a phased manner.
investment
Posted inUncategorized
Cold-chain marketplace Celcius raises undisclosed amount in seed funding round
Cold-chain marketplace Celcius raises undisclosed amount in seed funding round
Posted inUncategorized
CEAT board approves capex of Rs 1,205 cr to enhance capacity of Chennai plant
The investment is proposed to be funded through a mix of debt and internal accruals.
Posted inProducts & suppliers
Ampere Electric Plans Investment of INR 700 crores for e-mobility manufacturing plant in Ranipet, signs MoU with Government of Tamil Nadu
Proposed Ranipet facility has potential capacity up to 1 million units per annum
Posted inSectors
34 aerospace, defence firms plan to invest nearly Rs 2,500 cr in Karnataka
The proposed investing firms will attract others to invest in the aerospace sector
Posted inSectors
AURIC secures investment of Rs 160 cr
The project will generate employment for 150 people
Posted inSectors
Okinawa Autotech plans to invest Rs 150 crore to set up a new manufacturing unit in Rajasthan
The new facility will have an annual capacity of 5-6 lakh units in the first phase and can go up to 10 lakh units in future
Posted inSectors
Board of DCM Shriram approves investment of Rs 1000 cr in the chemical business
The objective is to enter downstream chemicals, linked to chlor-alkali business of the company
Posted inProducts & suppliers
Hyundai Motor India infuses Rs 3,589 cr in FY20
The amount is part of Rs 7,000 crore investment committed by the company to the Tamil Nadu government in 2019
Posted inSectors
State-run oil and gas companies set to invest Rs 1.62 trillion in FY21
At present, the sector is seeing work on 8,363 projects