Manufacturing Plant

A major point of contention was the amount of subsidy that was being offered. While the state government was ready to walk half way, Lenskart's demands were unreasonable, sources told Moneycontrol.

Tesla's Elon Musk to meet PM Modi in April, visit India to disclose investment plans: Report

The billionaire executive will meet PM Modi in the week of April 22 in New Delhi, and will separately make an announcement about his India plans, said the two sources, who declined to be named as the trip details are confidential.

Vietnam’s VinFast to set up global EV manufacturing hub in Tamil Nadu

VinFast's plant in India will entail an investment outlay of Rs 200-250 crore and will have a capacity of 1.5 lakh units per annum

BMW denies any plan to set up auto parts manufacturing plant in Punjab

The company's statement came a day after the Punjab government claimed that BMW had agreed to set up its auto part manufacturing unit in the state.

Ather Energy in talks with various state govts to set up third manufacturing plant

The company is said to be in talks with officials of several state governments, including Andhra Pradesh, Maharashtra, Gujarat, Telangana and Karnataka, to set up an additional manufacturing plant with an annual capacity of about 15 lakh units.

LML Electric to invest Rs 350 cr in product expansion, new plant

In April this year, it said the company is looking to unveil three EV products a hyperbike, an e-bike and an electric scooter by September and their subsequent launch between February and August next year.

Maruti Suzuki lines up Rs 18,000 crore investment for new manufacturing plant in Haryana

The new plant would replace the company's Gurugram-based facility and is expected to have an installed production capacity of 7.5-10 lakh units per annum.

Subros inaugurates manufacturing plant in Gujarat

"The greenfield plant has been set up at village Karsanpura, Taluka Mandal, District Ahmedabad in Gujarat," the company said in a filing to BSE, adding that the first phase of the project now stands completed.

Okinawa plans to invest $40 mn in 3 years to expand operations

The company, which today launched its first electric scooter 'Ridge' priced at Rs 43,702 (ex-showroom Delhi), has already invested around Rs 35 crore to set up operations including a manufacturing facility at Bhiwadi, Rajasthan.

Daikin mulls setting up third manufacturing plant in India

The company is in talks with Maharashtra, Andhra Pradesh and Telangana governments in this regard, however, any decision on setting up the third manufacturing unit is likely to be taken only after March 2018, Daikin Airconditioning India Managing Director Kanwal Jeet Jawa said here.

Scuttled Ford plant has Mexico fearing more under Trump

Even as the country is being rocked by rowdy nationwide protests against a January 1 gasoline price hike, the Ford news led the front pages of Mexico's most influential newspapers, and they tied the development directly to President-elect Donald Trump.

Renault to open plant in Pakistan by 2018: Government

Pakistan's car market has for decades been dominated by Japan's Suzuki, Toyota and Honda who have been accused of colluding to fix prices for lower-quality versions of their models.

Patanjali, Dabur, M&M plan to invest in Assam: Government

Chief Minister Sarbananda Sonowal discussed these investment proposals at a meeting held with state Industry and Commerce Minister Chandra Mohan Patowary and senior officials on 'ease of doing business', an official release said.

Maharashtra inks MoU for coal-based urea plant in Chandrapur

With total investment of Rs 6,500 crore, the plant is set to come up at Bhadravati tehsil of the district, which has major stocks of coal, Maharashtra Chief Minister Devendra Fadnavis said.

Kinetic Green plans to set up unit in West Bengal

Company founder and CEO Sulajja Firodia Motwani said West Bengal is very much in her growth plans and the company is scouting for land at an appropriate location for making the facility.

Asian Paints plant in AP to have higher capacity

Asian Paints said it has revised plans for its manufacturing plant in Andhra Pradesh, which will now have higher capacity and a marginal increase in investment

Isuzu expects 50,000 unit production at AP plant in 3 yrs

The Japanese automaker rolled out its India-made D-Max V-Cross pick-up from the newly-launched facility here.

Torrent Pharma gets establishment nod from USFDA

"Torrent Pharma has successfully obtained the Establishment Inspection Report from the USFDA for its plant located at Dahej SEZ, in Gujarat... the plant has also received approval from EU Germany," Torrent Pharma said in a BSE filing.

Mankind Pharma plans to open US plant, invest Rs 300 cr

The investment in the US is being strategically done with an eye to place the company among top three Indian pharma firms in the US, Mankind Pharma today said in a statemen

OnePlus to start handsets manufacturing in India by Dec

Chinese handset company OnePlus today said it will start manufacturing its newly launched OnePlus X Onyx smartphones in India by the end of 2015.

Tata Motors to up capacity at Pantnagar plant

Tata Motors is looking up the capacity of its Pantnagar plant to produce medium and heavy commercial vehicles in order to gain capex subsidy provided by the hilly state, reports CNBC-TV18's Ronojoy Banerjee.

Hyundai plans launch of 2-3 new models every year till 2020

The company, which is the second largest car maker in India, eyes 1 percent growth in its market share each year during the period.

Ford to expand Chennai plant

Representatives from Ford and Tamil Nadu government signed a memorandum of understanding at the Global Investor Meet, paving the way for a Ford campus across 28 acres land, the company said in a statement.

ITC to set up 3 FMCG plants by end FY16: Sources

FMCG major ITC is looking to set up in three plants -- one each in Punjab, West Bengal and Karnataka -- to cater to its non-cigarettes business, sources have told CNBC-TV18, with end FY2016 being targeted as the date for their on-streaming.

Don't want to make cheap smartphones: Gionee India CEO

The company, which currently has a monthly revenue between Rs.150-200 crore, wants to cash in on the repetitive purchase behaviour of the consumer and expand its user base in the country.