Tata Group companies to invest ₹2,300 crore in manufacturing hub in Karnataka
10 months ago

Tata Group companies to invest ₹2,300 crore in manufacturing hub in Karnataka

Live Mint  

Tata Group subsidiaries, Air India and Tata Advanced Systems, are set to invest ₹2,300 crore in Karnataka, towards establishing a Maintenance Repair and Overhaul facility in Bengaluru, envisioning the city as the aviation hub of South India, PTI reported on February 19. Air India's Ambitious Plans Air India, which will establish the MRO facility in Bengaluru with an investment of around ₹1,300 crore, is anticipated to create direct employment for 1,200 individuals. These projects include a Passenger-to-Freighter Aircraft Conversion facility worth ₹420 crore; a gun manufacturing facility of ₹310 crore; and Aerospace and Defence Research and Development in Karnataka of ₹300 crore, the PTI report said. Tata Advanced Systems specializes in manufacturing cargo and bulk cargo doors for Airbus' A320neo family of aircraft, while Air India currently holds the second-largest market share among domestic Indian airlines as of January 31.

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History of this topic

India to Get Its First Military Aircraft Manufacturing Hub in Gujarat's Vadodara
1 month, 4 weeks ago

India to Get Its First Military Aircraft Manufacturing Hub in Gujarat's Vadodara

India Today  

India gets its first military aircraft manufacturing hub in Gujarat's Vadodara. Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez inaugurate the Tata Aircraft Complex for C-295 aircraft production. The facility will oversee the entire process of 40 military aircraft production, from assembly and testing to delivery and maintenance.

Odisha govt. approves investment proposals worth ₹39,271 crore
3 months ago

Odisha govt. approves investment proposals worth ₹39,271 crore

The Hindu  

The Odisha government has approved investment proposals worth ₹39,271 crore which will generate employment opportunities for 17,098 individuals across various sectors, officials said. The steel sector will see investment from Shyam Steel Manufacturing Limited’s 0.5 MTPA integrated steel plant in Keonjhar, with an investment of ₹2,510 crore and is expected to create 3,640 jobs. The Green Ammonia sector includes Torrent …

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel
4 months, 1 week ago

India's first indigenously developed semiconductor chip will be made in Gujarat: CM Patel

Deccan Chronicle  

Nadiad : Gujarat Chief Minister Bhupendra Patel on Thursday said India's first indigenously developed semiconductor chip will be manufactured in the state, which has so far attracted an investment of Rs 1 lakh crore in electronics and chip manufacturing sectors. "We have so far attracted an investment of Rs 1 lakh crore in the electronics and semiconductor sector and India's …

Tata’s semiconductor plant in Assam will bring entire semiconductor ecosystem companies: N Chandrasekaran
4 months, 2 weeks ago

Tata’s semiconductor plant in Assam will bring entire semiconductor ecosystem companies: N Chandrasekaran

Op India  

The semiconductor industry is a foundation industry for the future and chips are going to be part of almost everything people do in their daily lives, Chairman of Tata Group N Chandrasekaran said on Saturday after the ‘bhoomi pujan’ of the Tata’s semiconductor unit in Morigaon in Assam, which will be set up with an investment of Rs 27,000 crore. …

Tata Electronics holds groundbreaking ceremony of its semiconductor chip assembly in Assam
4 months, 3 weeks ago

Tata Electronics holds groundbreaking ceremony of its semiconductor chip assembly in Assam

India TV News  

Tata Electronics: In a boost to Prime Minister Narendra Modi's vision to establish India as a global semiconductor manufacturing center, Tata Electronics held the groundbreaking ceremony for its chip assembly and testing unit at Jagiroad in Morigaon district, Assam on Saturday. Being touted as the largest investment project in Northeast India, the estimated Rs 27,000 crore Tata semiconductor plant is …

‘7 Industries To Bring In Rs 81,137-Crore Investment, Jobs’: Maharashtra To Get Its First Semiconductor Chip Plant
4 months, 3 weeks ago

‘7 Industries To Bring In Rs 81,137-Crore Investment, Jobs’: Maharashtra To Get Its First Semiconductor Chip Plant

News 18  

Maharashtra’s cabinet sub-committee for industries has approved the establishment of seven major industries which would bring in an investment of Rs 81,137 crore, including the state’s first semiconductor chip manufacturing plant. JSW Green Mobility Ltd will invest Rs 27,200 crore in Chhatrapati Sambhajinagar, aiming to create 5,200 jobs. Pernod Ricard India Pvt Ltd will start a malt spirit production and …

To hire chip-making professionals, Tata Group all set for huge Taiwan talent hunt
8 months, 2 weeks ago

To hire chip-making professionals, Tata Group all set for huge Taiwan talent hunt

Hindustan Times  

With so much importance being put globally on hardware these days, especially on manufacturing chips, there was a widely noticeable and glaring gap in India’s ability, talent-wise and even infrastructure-wise, to be able to do so. For that, Tata Electronics has planned and will be going on a roadshow in Taiwan to attract top talent there and supplant them in …

Tata Group stock rallies 5% after falling for 11 sessions: What changed and what to expect
8 months, 3 weeks ago

Tata Group stock rallies 5% after falling for 11 sessions: What changed and what to expect

Hindustan Times  

Tata Group stock price: Shares of Tata Investment Corporation jumped about 5% to the day's high at ₹5,940 on BSE after falling for 11 consecutive sessions. Tata Group stock price: Earlier, Tata Investment and Tata Chemicals shares were in focus as Tata Sons was expected to get listed. Tata Capital, Tata Autocomp Systems, Tata Passenger Electric Mobility, BigBasket, Tata Digital, …

Tata Motors to invest over ₹9,000 crore in Tamil Nadu
9 months, 1 week ago

Tata Motors to invest over ₹9,000 crore in Tamil Nadu

The Hindu  

V. Vishnu, Managing Director and Chief Executive Officer, Guidance Tamil Nadu, and P.B. Rajaa, Minister for Industries; V. Arun Roy, Secretary, Industries, Investment Promotion and Commerce; and senior officials of Tata Motors Group were present on the occasion. Tata Motors Group, which manufactures commercial and passenger vehicles, has signed a memorandum of understanding with the Tamil Nadu government for establishing …

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar
10 months ago

Two multi-billion dollar semiconductor plants to come up in India: Rajeev Chandrasekhar

India TV News  

India is set to witness the establishment of two major semiconductor fabrication plants, each involving multi-billion dollar investments, alongside multiple chip assembly and packaging units, according to Minister of Electronics and IT Rajeev Chandrasekhar. Reflecting on India's semiconductor journey, Chandrasekhar highlighted the strides made since 2014, particularly after the launch of the semiconductor programme in January 2020. Chandrasekhar highlighted India's …

T.N. receives investment proposals worth ₹6.64 lakh crore during investors’ meet
11 months, 2 weeks ago

T.N. receives investment proposals worth ₹6.64 lakh crore during investors’ meet

The Hindu  

Tamil Nadu attracted an impressive investment commitment to the tune of over ₹6.64 lakh crore through 631 Memoranda of Understanding that would generate nearly 27 lakh jobs across sectors at the conclusion of the first Global Investors Meet conducted by the DMK government at Chennai Trade Centre on January 8. “With this GIM, this government that espouses the ‘Dravidian model’ …

Tata to build India's biggest iPhone manufacturing plant in Tamil Nadu's Hosur: Report
1 year ago

Tata to build India's biggest iPhone manufacturing plant in Tamil Nadu's Hosur: Report

Hindustan Times  

In a move to boost the South Asian production and manufacturing of Apple products, Tata is all set to build India's biggest iPhone assembly plant in Tamil Nadu. When the new Tamil Nadu plant is operational, it could majorly beat the Karnataka plant's iPhone production rate. It is reported that Tata Electronics has already started hiring for its Tamil Nadu …

Karnataka will attract investment of ₹1.4 lakh crore annually: M.B. Patil
1 year ago

Karnataka will attract investment of ₹1.4 lakh crore annually: M.B. Patil

The Hindu  

Karnataka has a mandate to capture investments to the tune of ₹1.4 lakh crore annually to boost the State’s economy, said Minister of Large and Medium Industries M.B. The State was aiming to position itself as a best-in-class investment destination in Asia for future technology and advanced manufacturing, and to achieve this, the government has initiated several strategic initiatives that …

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani
1 year, 1 month ago

'Reliance Industries will invest additional Rs 20,000 cr in West Bengal in three years', says Mukesh Ambani

India TV News  

Reliance Industries chairman and MD Mukesh Ambani has announced that an additional Rs 20,000 crore will be invested in West Bengal in the next three years. "We plan to invest an additional Rs 20,000 crore in Bengal in the next three years for enhancing digital life solutions, augmenting Reliance Retail footprint and on bio-energy," he said at the Bengal Global …

Tata Tech expects robust demand from EV and aviation, says CEO
1 year, 1 month ago

Tata Tech expects robust demand from EV and aviation, says CEO

Live Mint  

Mumbai: IPO-bound Tata Technologies expects a bump in demand from Tata Group anchor clients Jaguar Land Rover and Tata Motors in the near term, Warren Harris, chief executive of Tata Technologies Ltd said in an interview. “That will provide demand, and although we have reduced the contribution from Tata Motors and JLR, over the last 10 years, we think that …

Stocks to Watch: TCS, Tata Motors, IDBI Bank, SpiceJet, Adani Enterprises
1 year, 2 months ago

Stocks to Watch: TCS, Tata Motors, IDBI Bank, SpiceJet, Adani Enterprises

Live Mint  

Here are the top stocks that could be in focus in today's trade: TCS: A nearly six-month-long probe into the bribes-for-jobs scandal at Tata Consultancy Services Ltd has resulted in crucial suggestions for hiring reforms, along with the sacking of the former head of its resource management group. Tata Motors: Tata Motors Ltd sold a 9.9% stake in Tata Technologies …

Indian Air Force 91st anniversary: 'Atamnirbharta' in aerospace critical to nation's strategic autonomy
1 year, 2 months ago

Indian Air Force 91st anniversary: 'Atamnirbharta' in aerospace critical to nation's strategic autonomy

Firstpost  

It is best to take a collaborative approach and use economic muscle and high military system requirements to seek the transfer of technology Indian Air Force kicked off the 91st anniversary deliberations with a massive event showcasing hard combat power and its massive soft power at Bhopal, Madhya Pradesh. India’s huge aerospace requirements Indian Armed Forces require many fighter aircraft, …

Tata Motors stock in focus as Tata Tech IPO files addendum for DRHP. Shares dip
1 year, 2 months ago

Tata Motors stock in focus as Tata Tech IPO files addendum for DRHP. Shares dip

Live Mint  

Stock in focus: Tata Motors shares will be in focus when Indian stock market opens today as its subsidiary Tata Technologies Limited has filed addendum for its DRHP. However, in stock market's opening bell today, Tata Motors shares opened downside and hit intraday low of ₹612.50m per equity share, clocking over 1 per cent dip against Tuesday close of ₹620.45 …

Gulf firms to invest Rs 1K-Cr in TS: KTR
1 year, 3 months ago

Gulf firms to invest Rs 1K-Cr in TS: KTR

Deccan Chronicle  

HYDERABAD: Telangana attracted investment worth more than Rs1,040 crore across various sectors from UAE-based firms, IT minister K.T. Naffco, a Dubai-based leading producer and supplier of fire-safety solutions, has decided to invest Rs700 crore in the city for setting up a manufacturing unit, the minister said after meeting Khalid Al-Khatib, founder and CEO of Naffco, the world’s leading manufacturer of …

Tata Technologies IPO gets Sebi nod
1 year, 5 months ago

Tata Technologies IPO gets Sebi nod

Live Mint  

Tata Technologies Ltd, a subsidiary of automobile major Tata Motors, has received approval from capital market regulator Securities & Exchange Board of India to raise funds through an initial public offering. Tata Technologies IPO is purely an offer for sale, where the company will sell up to 9.57 crore equity shares representing approximately 23.60% of its paid-up share capital, according …

TN attracts ₹4,900 crore Defence sector investments
1 year, 7 months ago

TN attracts ₹4,900 crore Defence sector investments

The Hindu  

Tamil Nadu saw ₹4,900 crore investment in aerospace and Defence sectors in the last two years and the committed investment is ₹15,000 crore, said B. Krishnamoorthy, special secretary and project director of TIDCO. Speaking at a programme here on Thursday on “Accelerating Defence and Aerospace Industry in Tamil Nadu Defence Corridor”, he said the State is looking at creating infrastructure …

After Apple Factory, Karnataka to Get Electronics Manufacturing Cluster Worth Rs 180Cr Ahead of Polls
1 year, 8 months ago

After Apple Factory, Karnataka to Get Electronics Manufacturing Cluster Worth Rs 180Cr Ahead of Polls

News 18  

The central government has approved the setting up of the Electronics Manufacturing Cluster, worth about Rs 180 crore, in Karnataka’s Dharwad district ahead of the state’s assembly election. This will be established in the Kotur-Belur Industrial Area, which was proposed last year to support medium and small-scale industries, and under the Modified Electronics Manufacturing Clusters Scheme. As of now, three …

Tata Technologies files IPO papers with Sebi
1 year, 9 months ago

Tata Technologies files IPO papers with Sebi

Live Mint  

Tata Technologies IPO: Tata Technologies Ltd, a global product engineering and digital services company, is set to make its initial public offering debut, after having filed a draft red herring prospectus with the Securities and Exchange Board of India. We wish to inform you that Tata Technologies Limited, a subsidiary of Tata Motors Limited, has informed the Company that it …

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani
1 year, 10 months ago

Reliance to invest ₹75,000 crore in Uttar Pradesh in 4 years: Mukesh Ambani

The Hindu  

Reliance Industries Ltd will invest ₹75,000 crore in rolling out 5G mobile telephone services, expanding retail network and setting up renewable energy capacity in Uttar Pradesh in the next four years, its chairman Mukesh Ambani said on February 10. Speaking at the Uttar Pradesh Global Investors Summit 2023 here, Mr. Ambani said his group will set up 10 GigaWatts of …

Chips down on India: From Foxconn to TSMC, semiconductor giants are betting big on India
1 year, 10 months ago

Chips down on India: From Foxconn to TSMC, semiconductor giants are betting big on India

Firstpost  

Foxconn and Vedanta are already setting up their semiconductor fabricating plant in India and will invest $19.5 billion. However, other chip giants like TSMC, PSMC, Renesas Electronics, Intel and AMD are also looking for ways to set up factories in India. Ever since news N Chandrasekaran - chairman of the Tata group, announced that Tata Electronics will set up an …

Andhra Pradesh: Investment destination calling
1 year, 10 months ago

Andhra Pradesh: Investment destination calling

The Hindu  

February 03, 2023 07:57 am | Updated 07:57 am IST - VIJAYAWADA As Andhra Pradesh reaches the new normal after being in the grip of the COVID-19 pandemic for close to three years and green shoots began to appear in the economy, the State government seems to lay renewed thrust on the development of industrial and infrastructure sectors which have …

Tata group plans to infuse up to $1.8 bn in Air India-Vistara
1 year, 10 months ago

Tata group plans to infuse up to $1.8 bn in Air India-Vistara

Live Mint  

Tata Sons Ltd may invest $1.5-1.8 billion in the proposed airline behemoth created by the merger of Air India and Vistara, two people aware of the development said. Even though the dividend is Tata Sons’ income and is not part of any plan to fund specific projects, there are several initiatives under Tata group that need funding, according to the …

Tata Motors-Ford to complete Rs 725.70 cr Sanand plant deal on January 10
1 year, 11 months ago

Tata Motors-Ford to complete Rs 725.70 cr Sanand plant deal on January 10

India Today  

Homegrown auto major Tata Motors and Ford India will complete the Rs 725.70 crore deal for the acquisition of the latter's manufacturing plant in Sanand, Gujarat, on January 10, 2023. In August, Tata Passenger Electric Mobility, a subsidiary of Tata Motors, entered into an agreement with Ford India for acquiring its Sanand plant. The deal included entire land and buildings, …

Tata Technologies: The next TCS?
2 years ago

Tata Technologies: The next TCS?

Live Mint  

"If history repeats itself, I should think we can expect the same thing again." Tata Technologies provides engineering and development services, digital enterprise services, product lifecycle management, education offerings, and IT service management to businesses across automotive, aerospace, industrial machinery, and other industries. This is where a company such as Tata Technologies comes into play by being an engineering partner …

Tata Motors’ board considering partial disinvestment in Tata Technologies, details here
2 years ago

Tata Motors’ board considering partial disinvestment in Tata Technologies, details here

Firstpost  

Tata Technologies is a global product engineering and digital services firm. Tata Motors stated that it will announce all material developments regarding the IPO, as and when needed Tata Motors stated on Monday that its board has given in-principle approval for disinvestment of partial stake in its subsidiary, Tata Technologies, via an Initial Public Offering. In 2018, Tata Motors called …

Adani, Vedanta and JSW lead Make In Odisha investment race, 21 MoUs signed
2 years ago

Adani, Vedanta and JSW lead Make In Odisha investment race, 21 MoUs signed

Live Mint  

The heads from Adani Group, ArcelorMittal, JSW Steel, Vedanta Group were among the 54 corporate honchos seated with Naveen Patnaik as he pitched for the Odisha story and a land of opportunity. Day 1 of the Make in Odisha Conclave 2022, of the third Edition of Odisha’s flagship investor summit organized by the Government of Odisha in collaboration with Federation …

Tata Electronics expanding Hosur facility in tie-up with iPhone contract manufacturer
2 years, 1 month ago

Tata Electronics expanding Hosur facility in tie-up with iPhone contract manufacturer

The Hindu  

Tata Electronics is expanding its facility in Hosur and roping in one of the contract manufacturers of Apple’s iPhone, Industries Minister Thangam Thennarasu said on Wednesday. As per media reports, Electronics and Information Technology Minister Ashwini Vaishnaw had, on Tuesday, said the iPhone was now being made in India, and its biggest plant in the country was being set up …

Tata, Airbus to make defence aircraft in India in local manufacturing push
2 years, 1 month ago

Tata, Airbus to make defence aircraft in India in local manufacturing push

The Hindu  

India's Tata group and Airbus will make the C-295 transport aircraft in the country, the government said on Thursday, the first such production by a local private company amid a push for an expansion of defence manufacturing. "This is the first project of its kind in which a military aircraft will be manufactured in India by a private company," the …

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar
2 years, 2 months ago

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar

Firstpost  

The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with an investment of Rs 1.53 lakh crore Bengaluru: The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in the next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar …

Tata Group in talks to join club of iPhone makers
2 years, 3 months ago

Tata Group in talks to join club of iPhone makers

Live Mint  

Tata Group is in talks with a Taiwanese supplier to Apple Inc. to establish an electronics manufacturing joint venture in India, seeking to assemble iPhones in the South Asian country. If successful, the pact could make Tata the first Indian company to build iPhones, which are currently mainly assembled by Taiwanese manufacturing giants like Wistron and Foxconn Technology Group in …

Tata Motors to acquire Ford India's Sanand plant to expand production capacity
2 years, 4 months ago

Tata Motors to acquire Ford India's Sanand plant to expand production capacity

The Hindu  

Tata Motors has inked a pact to acquire Ford India's Sanand-based manufacturing plant for ₹725.7 crore, as it aims to bolster its passenger vehicle production capacity. As part of the deal, Tata Motors will get the entire land and buildings, vehicle manufacturing plant along with machinery and equipment situated therein, the Mumbai-based auto major said in a statement. TPEML, a …

Tata Steel to invest ₹12,000 crore in FY23 on India, Europe operations: CEO Narendran
2 years, 5 months ago

Tata Steel to invest ₹12,000 crore in FY23 on India, Europe operations: CEO Narendran

The Hindu  

Tata Steel has planned capital expenditure of ₹12,000 crore on its India and Europe operations during the current financial year, the company's Chief Executive Officer T.V. The domestic steel major plans to invest ₹8,500 crore in India and ₹3,500 crore on the company's operations in Europe, Mr. Narendran, who is also the managing director of Tata Steel, told PTI in …

KTR urges Modi to support progressive states like Telangana
2 years, 6 months ago

KTR urges Modi to support progressive states like Telangana

Deccan Chronicle  

Hyderabad: Telangana state has attracted investments worth Rs 17,867 crore in 2021-22 through 3,938 new industries and created 96,863 jobs, according to the annual report 2021-22 of the industries and commerce department that was released by industries minister K.T. He said the state attracted cumulative investments of Rs 2,32,311 crore creating 16.48 lakh jobs in the last eight years through …

TS-iPASS helps Telangana attract ₹17,867 crore investments in FY-22
2 years, 6 months ago

TS-iPASS helps Telangana attract ₹17,867 crore investments in FY-22

The Hindu  

Telangana approved 3,938 projects with investments totalling ₹17,867 crore under its flagship TS-iPASS initiative for industries during the fiscal ended March 31, 2022. In the seven years since launch, TS-iPASS got the State ₹2,32,311 crore investments by way of 19,454 projects with a potential to create 16.49 lakh jobs. “Economics has to take centre stage, politics a backseat.,” the Minister …

On The Semiconductor Train: India's First Chip Plant to Be Built in Karnataka with ISMC's $3B Investment
2 years, 7 months ago

On The Semiconductor Train: India's First Chip Plant to Be Built in Karnataka with ISMC's $3B Investment

News 18  

The Karnataka government said at the weekend that a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor, the International Semiconductor Consortium, will invest $3 billion in the southern state to build India’s first chip manufacturing plant. The latest announcement by Karnataka state authorities implies that the government’s incentive system to turn India into a semiconductor hub …

Make in India: Defence manufacturing push, projects & need explained
2 years, 7 months ago

Make in India: Defence manufacturing push, projects & need explained

The Hindu  

With India’s defence deals with Russia in a quandary amid the Russia-Ukraine war, the Centre has stressed on a renewed push for indigenous manufacturing of defence equipment, urging foreign and domestic companies alike to invest in India. In the backdrop of the India-U.S. 2+2 dialogue, Mr. Singh invited U.S. companies to invest in India, saying “US-India relationship is built on …

Tata Group Plans To Invest Rs 11,000 Cr For New Mobile Phone Manufacturing Plant In Tamil Nadu
4 years ago

Tata Group Plans To Invest Rs 11,000 Cr For New Mobile Phone Manufacturing Plant In Tamil Nadu

ABP News  

The $113 billion Tata Group plans to invest over Rs 11,000 crore or $1.5 billion in setting up a mobile phone and component manufacturing plant in Tamil Nadu to take advantage of the government's production linked incentive scheme aimed at attracting investments for India, which would otherwise have gone to China.Tata's move will help India consolidate its position as original …

Tata group to set up ₹5000 crore phone component making unit in TN: Report
4 years, 1 month ago

Tata group to set up ₹5000 crore phone component making unit in TN: Report

Live Mint  

MUMBAI: The Tata group is investing ₹5,000 crore to set up a phone component manufacturing plant in Tamil Nadu, according to a report by The Hindu BusinessLine. The paper said Tata Sons company, Tata Electronics, has been allotted 500 acres by TIDCO and that group firm Titan Co Ltd’s precision engineering division, Titan Engineering and Automation Ltd, will provide the …

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