🇩🇪 Knauf Group is investing an additional €350M (~₹3,720 cr) to set up 4 new plants in India for plasterboard and construction materials, following a high-level Berlin meeting with Minister Piyush Goyal.
🏗️ The 3rd plant in Gujarat locks in an €80M investment with land and machinery already ready to launch, adding to Knauf's existing manufacturing presence in Rajasthan and Andhra Pradesh. #MakeinIndia
Source
🏗️ The 3rd plant in Gujarat locks in an €80M investment with land and machinery already ready to launch, adding to Knauf's existing manufacturing presence in Rajasthan and Andhra Pradesh. #MakeinIndia
Source
The Economic Times
Knauf Group to invest additional €350 million in India, plans four new plants
German building materials company Knauf Group plans to invest an additional €350 million in India to set up four new manufacturing plants, Managing Partner Murat Akyildiz said after meeting Union Commerce and Industry Minister Piyush Goyal.
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€1.2B sourced over 5 years. 💰 Transfer of design authority. 🇮🇳🤝🇫🇷
Contracting private Indian rockets by 2029. 🚀
France’s €22B #defence giant Thales is moving beyond buyer-seller trades to co-develop next-gen weapon systems in India:
• Transfer of Design Authority: CEO Patrice Caine confirms “Indianising” now means transferring design authority itself. Indian engineering teams will enhance established platforms (radars, missiles, electronic warfare) for global markets.
• €1.2B already in the chain: Thales has sourced over €1.2 billion (~₹11,000 Cr) in goods and services from Indian suppliers in the past five years, embedding them into international programmes including Rafale.
• Plugging the 2029 launcher gap: SpaceX rockets will largely serve its own constellations by 2029. Thales sees clear complementarity in contracting India’s private launch startups for its satellites.
Contracting private Indian rockets by 2029. 🚀
France’s €22B #defence giant Thales is moving beyond buyer-seller trades to co-develop next-gen weapon systems in India:
• Transfer of Design Authority: CEO Patrice Caine confirms “Indianising” now means transferring design authority itself. Indian engineering teams will enhance established platforms (radars, missiles, electronic warfare) for global markets.
• €1.2B already in the chain: Thales has sourced over €1.2 billion (~₹11,000 Cr) in goods and services from Indian suppliers in the past five years, embedding them into international programmes including Rafale.
• Plugging the 2029 launcher gap: SpaceX rockets will largely serve its own constellations by 2029. Thales sees clear complementarity in contracting India’s private launch startups for its satellites.
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🇮🇳 JSW Steel & Japan’s JFE are expanding their 50:50 joint venture, JSW JFE Steel Ltd, injecting ₹7,500 crore in equity (₹3,750 crore each) to add 5 MTPA to their plant in Sambalpur, Odisha.
🏗️ The expansion targets local demand and value-added exports, driving the current 4.5 MTPA first-phase facility up to a massive 9.5 MTPA capacity by FY31. #MakeinIndia
Economic Times
🏗️ The expansion targets local demand and value-added exports, driving the current 4.5 MTPA first-phase facility up to a massive 9.5 MTPA capacity by FY31. #MakeinIndia
Economic Times
The Economic Times
JSW Steel and Japan's JFE to add 5 MT steel capacity at Odisha JV plant with Rs 7,500 cr investment
JSW Steel and JFE Steel have entered into a mutual agreement to enhance their joint venture steel initiative in Odisha. With a notable investment of Rs 7,500 crore from both parties, this ambitious project targets an increased production capacity of 9.5 million…
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🚀 Appasamy Associates has acquired German medical specialist RUCK GmbH to accelerate its global expansion.
🤝 The Warburg Pincus-backed firm adds the premium Pentasys, Qube, and Qube Pro phaco-vitrectomy platforms to its surgical portfolio.
🇩🇪 RUCK’s R&D operations will remain in Germany, expanding Appasamy's global tech network alongside Denmark and San Francisco.
🇮🇳 A primary goal is launching the CE-marked Qube Pro platform across the Indian healthcare market. #Health
🔗 Read more
🤝 The Warburg Pincus-backed firm adds the premium Pentasys, Qube, and Qube Pro phaco-vitrectomy platforms to its surgical portfolio.
🇩🇪 RUCK’s R&D operations will remain in Germany, expanding Appasamy's global tech network alongside Denmark and San Francisco.
🇮🇳 A primary goal is launching the CE-marked Qube Pro platform across the Indian healthcare market. #Health
🔗 Read more
Moneycontrol
Warburg Pincus-backed Appasamy acquires German ophthalmic equipment maker RUCK- Moneycontrol.com
Chennai-based Appasamy Associates has acquired Germany's RUCK, adding advanced cataract and retinal surgery technology to its portfolio as it expands its global ophthalmic equipment business.
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🇮🇳 Circulogy Cleantech signed a MoU with Invest UP to set up a ₹200 crore lithium-ion battery and rare earth refinery in Uttar Pradesh.
♻️ The project will process 10,000 tonnes of material annually to recover critical #minerals like lithium, cobalt, and nickel, while generating 1,300 local #jobs.
🔗 Read more
♻️ The project will process 10,000 tonnes of material annually to recover critical #minerals like lithium, cobalt, and nickel, while generating 1,300 local #jobs.
🔗 Read more
Indiamanufacturingreview
Meerut to Get ₹200 Cr Battery Recycling and Rare Earth Refinery
Uttar Pradesh’s Meerut will see a ₹200 crore investment by Circulogy Cleantech to establish a lithium-ion battery and rare earth refinery, generating 300 direct and 1,000 indirect jobs.
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PM Modi inaugurates Arvind Limited’s ₹150 crore garment plant in Varanasi. The 5.5-acre facility targets ₹250 crore revenue and 1,000+ #jobs, primarily for women, producing knitwear for global markets. #Textiles
Source
Source
The Economic Times
PM Modi inaugurates Arvind's garment manufacturing facility in Varanasi
Prime Minister Narendra Modi inaugurated Arvind Limited's garment manufacturing facility in Varanasi, which emphasizes modern production practices and women's employment. This facility aims to create job opportunities and boost the local economy. With a global…
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Bharat Electronics Limited (BEL) is building a world-class #defence complex in Sri Sathya Sai district, AP!
.
• 💰 Investment: ₹2,500 Cr across 914 acres
• 💼 Jobs: 800+ high-tech roles for youth
• 🛠 Phase 1: Setting up missile integration & radar testing facilities.
• ⏳ Phase 2 & Completion: Expanding vendor ecosystems; fully operational by March 2029
.
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100cr bank a/cs seized, 18 held in N-E drug haul bust: HM Amit Shah #MHA #NationalSecurity
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Wipro GE HealthCare evaluates a fifth manufacturing plant in India. The company operates four plants in Bengaluru and targets doubling exports.
It is assessing multiple states based on logistics costs, engineering proximity and state incentives. #MakeinIndia
🔗 Read more
It is assessing multiple states based on logistics costs, engineering proximity and state incentives. #MakeinIndia
🔗 Read more
The Economic Times
Wipro GE HealthCare Mulls Fifth India Plant
Wipro GE HealthCare is considering expanding its manufacturing footprint in India with an additional plant as it looks to increase domestic sales and double exports from the country, Chaitanya Sarawate, MD and president of South Asia, told ET.
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👉 🇮🇳 CHANNELS
👉 🇮🇳 CHANNELS
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INDIA AHEAD
Grandmasters PR invites you to add the folder “INDIA AHEAD”, which includes 19 chats.
🇮🇱 Brevel (Israel) and Wave Group (India) formed a 50:50 joint venture to invest $10–$15 million in a greenfield illuminated biomanufacturing facility in Uttar Pradesh.
🌱 The plant will use byproducts from Wave Group's sugar mills to reach a 300,000-liter capacity. It will produce Purallis™ (clean-label chlorella) via light-assisted fermentation, with construction completing in 18 months. #MakeinIndia
🔗 Read more
🌱 The plant will use byproducts from Wave Group's sugar mills to reach a 300,000-liter capacity. It will produce Purallis™ (clean-label chlorella) via light-assisted fermentation, with construction completing in 18 months. #MakeinIndia
🔗 Read more
AgFunderNews
Brevel teams up with The Wave Group to scale 'illuminated fermentation' in India
Construction at the 300,000-L site will begin later this year, with full-scale production set to commence in 2028, says Brevel.
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DAC chaired by Defence Minister Rajnath Singh cleared Defence Acquisition Proposals Worth 2.12 Lakh Crore
The DAC today granted Acceptance of Necessity (AoN) for capital acquisition proposals worth approximately 2.12 lakh crore for the Armed Forces.
#Defence #aatmanirbharbharat
The DAC today granted Acceptance of Necessity (AoN) for capital acquisition proposals worth approximately 2.12 lakh crore for the Armed Forces.
▶️ Approximately 82% of the total procurements will be sourced from Indian industry, boosting indigenous defence manufacturing.
#Defence #aatmanirbharbharat
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Indian Development News 🇮🇳
DAC chaired by Defence Minister Rajnath Singh cleared Defence Acquisition Proposals Worth 2.12 Lakh Crore The DAC today granted Acceptance of Necessity (AoN) for capital acquisition proposals worth approximately 2.12 lakh crore for the Armed Forces. ▶️…
Proposals cleared for the Indian Army -
#defence #aatmanirbharbharat
🔘High Mobility Vehicles (HMVs): Enhance operational mobility, logistics and support in challenging terrain.
🔘Self-Propelled Tracked Gun System: Provide matching mobility and firepower to mechanised formations.
🔘Gun Shot Response System (GSRS): Improve real-time situational awareness of forces.
🔘Light Multi Role Helicopters (LMRH): For reconnaissance, surveillance, combat, search and rescue, and humanitarian assistance and disaster relief (HADR).
🔘Very Short-Range Air Defence System (VSHORADS): Counter next-generation, small-sized aerial threats.
Platform-Based
🔘 Counter-Unmanned Aerial System (C-UAS): Enhance the survivability of tanks on the modern battlefield.
🔘Unmanned Aerial System Brick – Long Range: Strengthen long-range unmanned aerial capabilities.
Surveillance UAVs: Improve battlefield surveillance and reconnaissance.
🔘Integrated Surveillance and Strike System: Enhance surveillance, target acquisition and strike capabilities.
🔘Long-Range Kamikaze Drone System: Strengthen long-range precision-strike capabilities.
#defence #aatmanirbharbharat
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Indian Development News 🇮🇳
DAC chaired by Defence Minister Rajnath Singh cleared Defence Acquisition Proposals Worth 2.12 Lakh Crore The DAC today granted Acceptance of Necessity (AoN) for capital acquisition proposals worth approximately 2.12 lakh crore for the Armed Forces. ▶️…
Proposals cleared for the Indian Navy -
#defence #aatmanirbharbharat
🔘Active Offboard Decoy System (AODS): Strengthen anti-missile defence, particularly against modern adversary anti-ship missiles.
🔘Major Naval Platforms: Indigenous-designed and constructed platforms will enhance the Navy’s combat capability and modern warfare preparedness.
#defence #aatmanirbharbharat
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Indian Development News 🇮🇳
DAC chaired by Defence Minister Rajnath Singh cleared Defence Acquisition Proposals Worth 2.12 Lakh Crore The DAC today granted Acceptance of Necessity (AoN) for capital acquisition proposals worth approximately 2.12 lakh crore for the Armed Forces. ▶️…
Proposals Cleared for the Indian Airforce -
#defence #aatmanirbharbharat
🔘Indian Air Force
Helicopters: Strengthen operational and air transport capabilities.
🔘Air Defence Systems: Enhance air defence capabilities.
🔘Weapons: Improve combat effectiveness and war-fighting capabilities.
🔘Special Utility Helicopters: Meet critical air transport requirements.
🔘Mobile X-Band Doppler Weather Radar System: Provide high-resolution, localised weather surveillance in forward
#defence #aatmanirbharbharat
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🇮🇳 SRF Ltd approved a ₹600 crore investment via its subsidiary SRF Altech to set up a 12,000 MTPA aluminium foil plant in Jetapur, Madhya Pradesh.
🔋 The facility will produce specialized battery foils for #EV and energy storage systems (lithium-ion/sodium-ion), with Phase 1 launching by September 30, 2028, and Phase 2 by 2030. #MakeinIndia
Source
🔋 The facility will produce specialized battery foils for #EV and energy storage systems (lithium-ion/sodium-ion), with Phase 1 launching by September 30, 2028, and Phase 2 by 2030. #MakeinIndia
Source
The Economic Times
SRF Ltd announces ₹600 crore aluminium foil manufacturing plant in Madhya Pradesh for battery applications
SRF Ltd has secured board approval for a proposed ₹600 crore aluminium foil manufacturing facility in Madhya Pradesh. This plant will cater to aluminium foil needs for lithium-ion and sodium-ion batteries. The facility will have a capacity of approximately…
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E100 fuel gets govt nod, paving way for cars running on 100% ethanol, govt amends motor vehicle rules
The ministry of road transport and highways (MoRTH) has notified amendments to the Central Motor Vehicles Rules, adding E100 as an approved fuel option alongside E85 for flex-fuel vehicles.
#policy #energy
Read more on - 🔗India Today
The ministry of road transport and highways (MoRTH) has notified amendments to the Central Motor Vehicles Rules, adding E100 as an approved fuel option alongside E85 for flex-fuel vehicles.
A senior road transport ministry official was quoted as saying by news agency PTI that fuel beyond E20 (20 per cent ethanol-blended petrol) and up to E100 is intended only for vehicles designed and certified to use it and will not be applicable for other vehicles.
The Ministry of Road Transport and Highways (MoRTH) has also altered certain vehicle classification thresholds, fuel specifications, and technical references used in emission-related tables and testing provisions. The government also raised the vehicle weight limit to 3,500 kg from the previous threshold of 3,000 kg for light petrol and diesel vehicles affected by these changes.
#policy #energy
Read more on - 🔗India Today
India Today
Centre Notifies E100 Fuel for Flex-Fuel Vehicles to Cut Crude Imports and Emissions
The Ministry of Road Transport and Highways has officially notified E100 fuel for flex-fuel vehicles by amending the Central Motor Vehicle Rules, 1989. The regulatory framework permits the use of E100 and E85 fuels exclusively in vehicles certified for high…
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🚀 Paar Autonomy raises Rs10cr led by AdvantEdge Founders
| 🛸 Bengaluru deftech builds #AI cameras and GPS-free navigation for #drones, rovers, and boats when GPS is jammed
| 👁️ Their Sentinel series (1, 2, Nano/Dark/Dual) features edge AI and gyro-stabilisation
| 🎯 For border surveillance and #defence #robotics, funds will be used to scale production.
Source
| 🛸 Bengaluru deftech builds #AI cameras and GPS-free navigation for #drones, rovers, and boats when GPS is jammed
| 👁️ Their Sentinel series (1, 2, Nano/Dark/Dual) features edge AI and gyro-stabilisation
| 🎯 For border surveillance and #defence #robotics, funds will be used to scale production.
Source
The Economic Times
Deftech startup Paar Autonomy raises Rs 10 crore from AdvantEdge Founders - The Economic Times
Founded in June 2024 by Vignesh Sivaram Jayaraman, the company builds camera systems and AI software for drones and other unmanned defence platforms. Its technology helps these systems identify objects, understand their surroundings, and continue operating…
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The Union government extended the Agriculture Infrastructure Fund (AIF) scheme until 31 March 2027.
This supports post-harvest infrastructure like cold storages and warehouses, aiming to reduce India’s annual ₹1.53 trillion losses and improve supply chains.
Since 2020-21, lenders have sanctioned ₹1.03 trillion for 228,428 projects, mobilizing over ₹1.75 trillion.
Top beneficiaries include Madhya Pradesh, Maharashtra, Uttar Pradesh, Punjab, and Gujarat. #Agriculture
This supports post-harvest infrastructure like cold storages and warehouses, aiming to reduce India’s annual ₹1.53 trillion losses and improve supply chains.
Since 2020-21, lenders have sanctioned ₹1.03 trillion for 228,428 projects, mobilizing over ₹1.75 trillion.
Top beneficiaries include Madhya Pradesh, Maharashtra, Uttar Pradesh, Punjab, and Gujarat. #Agriculture
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