Manufacturing

Rahee Group has unveiled an ambitious investment roadmap of up to Rs 600 crore over the next three years, aimed at scaling operations and enhancing manufacturing strength. The plan includes targeted investments of Rs 400–500 crore across key business verticals, alongside the establishment of a Rs 200-crore foundry in Odisha through its subsidiary. 

BenQ is accelerating its localization strategy in India, aiming to generate nearly 50 percent of its revenue from domestically manufactured products by 2027. The company is expanding its ‘Make in India’ portfolio across key segments such as monitors, projectors, and interactive display solutions. 

India’s wholesale price inflation rose to 3.88 percent in March, marking the fifth consecutive month of increase and signaling renewed cost pressures across the economy. The rise was largely driven by a sharp uptick in fuel, power, and manufactured goods prices, influenced by geopolitical tensions in West Asia and higher global commodity costs. Compared with 2.13 percent in February and 2.25 percent a year earlier, the latest data reflects a broad-based inflationary trend.

Himachal Pradesh has initiated work on a Rs 250 crore bulk drug park in Una district, marking a significant step toward strengthening India’s pharmaceutical manufacturing capabilities. The project is expected to enhance the state’s position as a key hub for drug production while generating substantial employment opportunities. Positioned as a project of national importance, the initiative aligns with India’s broader objective of reducing dependency on imports and building a resilient domestic supply chain.

Mysuru-headquartered Core4 Engineers, an Engineering, Procurement, Construction, and Commissioning (EPCC) company, has submitted its draft red herring prospectus (DRHP) to the BSE SME platform, marking its entry into the capital markets. 

The IPO comprises a fresh issue of up to 58.94 lakh equity shares, each with a face value of Rs 10, aimed at raising funds to finance property acquisition, establish a new manufacturing unit and corporate office, and support incremental working capital requirements. 

India’s electric mobility landscape received a significant boost as Ola Electric secured Production Linked Incentive (PLI) certification for its Roadster X+ 4.5 kWh electric motorcycle. The milestone marks the company’s formal entry into incentive-backed electric two-wheeler manufacturing under the government’s PLI-Auto scheme. Certification confirms compliance with domestic value addition norms, making the model eligible for financial incentives.

India’s imports of telecom instruments from China rose sharply to USD 6,371 million (Rs 59,500 crore) in the 2023-24 fiscal year, reflecting sustained demand for network infrastructure and consumer devices. Overall telecom imports also increased to USD 17,010 million from USD 13,333 million in 2019-20, signaling robust sector growth. While the rise underscores India’s dependence on Chinese technology, the government has simultaneously launched initiatives to strengthen domestic telecom manufacturing and reduce import reliance.

Alkem Laboratories Ltd has announced a significant expansion of its Ujjain operations, nearly doubling its investment in a greenfield formulations manufacturing facility to Rs 1,036 crore. The decision, approved by the company’s board, reflects Alkem’s strategic commitment to enhancing domestic pharmaceutical production while strengthening its supply chain and meeting rising market demand. 

India’s ambitious production-linked incentive (PLI) scheme for mobile manufacturing has delivered outcomes well beyond expectations, signaling a structural transformation in the country’s electronics sector. With investments reaching Rs 17,519 crore—more than double initial targets—and production crossing Rs 8.12 lakh crore, the program has catalyzed large-scale industrial growth. Smartphone exports alone touched Rs 2.62 lakh crore in 2025, positioning the country as a net exporter rather than an importer.

India’s renewable energy sector continues to accelerate as Saatvik Green Energy secures a significant Rs 638.26 crore order for advanced solar modules. The contract, awarded to its subsidiary Saatvik Solar Industries, highlights rising demand for high-efficiency solar technology amid the country’s clean energy transition. Scheduled for execution by March 2027, the project underscores the growing role of domestic manufacturing in supporting India’s ambitious renewable targets.