Latest Project Updates
Rs.50000 Million New OSAT Unit in Sanand, Gujarat
Executive Summary: A new outsourced semiconductor assembly and test (OSAT) unit is being planned in Sanand, Gujarat, with an estimated cost of Rs. 50,000 million. The company has acquired the land for the project as of August 2024, and pre-project activities are in progress. The facility will enhance semiconductor manufacturing capabilities and support regional industrial growth.
New GI Sheets, MS Pipe Mfg. Unit in Solan, Himachal Pradesh
Executive Summary: A new project in the Industrial Area of Manjholi, Solan, Himachal Pradesh, will produce 30 million units each of GI Sheets and MS Pipes. With an investment of Rs. 164.8 million, the facility aims to meet growing demand in construction and infrastructure sectors. The project received approval in June 2024, with work commencing by August 2024.
Rs.206 Million New Fin Coil Mfg. Project in Chhatrapati Sambhajinagar, Maharashtra
Executive Summary: A new fin coil manufacturing project in Wadgaon Kolhati, MIDC Waluj, Maharashtra, plans to produce 1,000 units per day, targeting industries like HVAC, refrigeration, and automotive. With an investment of Rs. 206 million, the project aims to enhance production capabilities. The company received consent from state pollution control authorities in August 2024, moving closer to establishing the facility.
Rs.101 Million Plastic Moulded Components Mfg. Expansion Project in Maharashtra
Executive Summary: A manufacturing expansion project in Dahegaon, Gangapur, Chhatrapati Sambhajinagar, Maharashtra, aims to increase production of plastic moulded components to 1,800 MT annually and electric water heaters to 5,000 units per month. With an estimated cost of Rs. 101.585 million, the project received approval from state pollution control authorities in August 2024 and is set to proceed.
Rs.860 Million Steel Metal Fabrication Unit Expansion Project in Medchal-Malkajgiri, Telangana
Executive Summary: A new expansion project in Yellampet, Telangana, will establish a facility for manufacturing modular clean room components, including partitions, ceiling doors, and switch units. The project, with an estimated cost of Rs. 860.9 million, aims to boost production capabilities. As of August 2024, necessary environmental approvals have been obtained.
Rs.224 Million Automotive Body Parts Mfg. Expansion Project in Pune, Maharashtra
Executive Summary: A new automotive body parts manufacturing unit in Khed, Pune, Maharashtra, will initially produce 90 MT/month of sheet metal parts, with an investment of Rs. 646.031 million. As of August 2024, the project is expanding to 98 MT/month for sheet metal, 204 units/month for sidewalls, and 196 units/month for reinforcement parts, requiring an additional Rs. 224.945 million. Environmental approvals are in place.
Watch Dials Mfg. Project in Solan, Himachal Pradesh
Executive Summary: A manufacturing facility in Parwanoo, Solan, Himachal Pradesh, is expanding its production capacity from 7.2 lakh to 9 lakh units annually, with an additional investment of Rs. 94.678 million. Approved in June 2024, construction began in August 2024. This expansion aims to enhance production capabilities and incorporate advanced technologies, strengthening the company's position in the luxury watch components market.
Rs.470 Million New Multi-Layer Laminates, LDPE Films Mfg. Unit in Jammu & Kashmir
Executive Summary: A new manufacturing facility in Kalna, Kathua, Jammu & Kashmir, is being developed to produce multi-layer laminates, 4.8 million kg of LDPE films, and 90 million lami tubes annually. With an investment of Rs. 470.038 million, the project has received state pollution control approval as of August 2024, marking significant progress in its establishment.
Rs.501 Million New Packaging Unit in Samba, Jammu & Kashmir
Executive Summary: A new packaging unit is planned in Ramnagar, Samba, Jammu & Kashmir, with a focus on flexible packaging (6,000 metric tonnes per year) and printed high-value film (2,496 metric tonnes per year). The project, with an investment of Rs. 501 million, has received state pollution control approval as of August 2024, advancing its development.
New Packing Materials Mfg. Project in Dhar, Madhya Pradesh
Executive Summary: A new materials manufacturing project in Pithampur, Dhar, Madhya Pradesh, will produce core-related packing materials, including adhesive tape and cores, with a capacity of 20 million square meters. Estimated at Rs. 75 million, the project has received consent from state pollution control authorities as of August 2024, marking a significant expansion for the company.