Jun 05, 2023 VIDA plans to expand to 100 cities by 2023-end VIDA is all set to expand its operations in the country. VIDA plans to increase its presence to 100 cities within 2023. It will use Hero MotoCorp’s expansive dealer network to rapidly scale up its operations across the country.
Jun 05, 2023 Foxconn to invest Rs 4,110 crore for new Hyderabad plant Foxconn Interconnect Technology will spend Rs 4,110 crore building a new electronics manufacturing facility in Hyderabad.. Telangana IT secretary JayeshRanjan said that the facility spread over 186.7 acres, will manufacture AirPods and electrical equipment.
Jun 05, 2023 Vedanta-Foxconn JV to get govt approval for chip-making plant The centre is ready to approve the plans of the Vedanta-Foxconn joint venture to make semiconductor chips. With this plan, the government plans to establish India as a global hub for semiconductor manufacturing.
Jun 05, 2023 Tamil Nadu to build 20 footwear factories in 3 years The Tamil Nadu government is betting huge on the non-leather footwear sector with a target of setting up massive manufacturing units in 20 locations, especially in rural areas, over a period of three years. Of the 20 locations, factories in three are already functional and things are moving fast in another three.
Jun 05, 2023 AstraZeneca to open 5 asthma clinics in India AstraZeneca said it will launch five Centers of Excellence across New Delhi, Ahmedabad, Goa, and Kochi to provide standardised treatment to patients with severe asthma. The centers will serve as a hub for the treatment and management of severe asthma patients, and support evolving severe asthma centres.
Jun 05, 2023 IHCL inks 400-key Taj branded hotel at IGI Airport Indian Hotels Company (IHCL) announced the signing of a 400-key Taj branded hotel at Indira Gandhi International Airport's Terminal 3 in New Delhi in partnership with Chalet Airport Hotel. The 400-key hotel will be situated adjacent to the Indira Gandhi International Airport's Terminal 3, and is in proximity to Aero City.
Jun 05, 2023 AMNS to invest $7.4 billion on capacity expansion AMNS India plans to spend $7.4 billion on expanding capacity, which includes investments in both its upstream and downstream capacities and enhancing its iron ore capabilities, the company Its investments include increasing the upstream capacity of the plant in Hazira to 15 million tonne by early 2026.
Jun 05, 2023 Assam inks MoUs expecting investments worth Rs 8,200 crore Assam Government MoUs with 10 leading companies expecting investments worth Rs 8200 crores in the state. This investment will create 6100 jobs in the state. These efforts will bring investment worth Rs 8,200 crore and create 6,100 jobs.”
Jun 05, 2023 Coromandel plans Rs 2K cr investment by 2025 The Murugappa Group company plans to invest around Rs 2,000 crore in two years in various segments, including specialty chemicals. Coromandel International has said the government’s One Nation, One Fertiliser’ scheme launched last year expects volume to increase by 6-10 per cent in FY24