Monday, December 23

Tag: Manufacturing Plant

Lava to shift operations from China to India, Invest $100 Million cr in 5 yrs
INDIA

Lava to shift operations from China to India, Invest $100 Million cr in 5 yrs

Mobile devices maker Lava International said it is shifting its China operations to India following recent policy announcements by the Indian government. The company plans to invest around $100 million (800 crore) over the next five years to scale up its mobile phone development and manufacturing operations in the country. "We had around 600-650 employees in China for product design. Now we have shifted designing to India. Our sales requirements for India were met from our local plant. "We used to partially export mobile phones from China to the rest of the world, which will now happen from India," Lava International Chairman and Managing Director Hari Om Rai told PTI. During the lockdown period, Lava met its export demand from China. "My dream is to export mobile devices to...
Homegrown Amul Dairy Eyeing to Acquire a Manufacturing Plant in the US
ACQUISITION

Homegrown Amul Dairy Eyeing to Acquire a Manufacturing Plant in the US

India’s largest dairy firm Amul Dairy has been a dominant player in the country in this sector. The company is now moving forward to have its presence in the United States. The Amul Dairy which is originally known as Kaira District Cooperative Milk Producers Union Limited (KDCMPUL)  is on the advanced stages to launch its own dairy in the US. This move will mark as the first one in terms of any plant outside India started by a home-grown co-operative dairy company. According to the sources, Amul Dairy is eyeing to acquire a dairy plant in Wisconsin – the mid-western state of the US – to start its own operations. Wisconsin is among the top producers of cheese in the US, accounting for almost 27 % of total cheese production. “We are looking at options to expand our US operations so th...
Apple Manufacturer Acquires New Site in India
News

Apple Manufacturer Acquires New Site in India

A department of Apple Inc’s contract manufacturer from Taiwan, Wistron Corp has received approval from the government of Karnataka to construct a new Apple facility in Bengaluru. The Karnataka state government granted Wistron Infocomm Manufacturing India Pvt Ltd’s request for 43 acres of land. The new site will be located at the Narasapura Industrial Area, located some 50 km away from the Bengaluru International Airport. The location is already home to the assembly operation of numerous firms with the likes of Honda Motorcycle, Scooter India and Mahindra Aerospace. Wistron is planning to invest around $105 in developing the land and producing smartphones, internet of things (IoT) apparels and other bio-tech devices, according to the document. On the application, Wistron did mentio...