Uno Minda to Set Up Rs 2 Bn Alloy Wheel Plant in Haryana
Auto components manufacturer Uno Minda announced on Thursday that its board has approved the establishment of a new manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana, with an estimated investment of Rs 2 billion.The proposed plant will have an installed capacity of 1.5 million alloy wheels per annum. This expansion is aimed at fulfilling recently secured orders and meeting growing market demand, the company stated in a regulatory filing.In addition, Uno Minda has commenced commercial production of a further two million alloy wheels at its Supa facility in Maharashtra. With ..
Melstarr to Launch Rs 3 Bn Aviation Training Hub in Karnataka
Melstarr Aviations Tech, a wholly owned subsidiary of Melstarr Information Technologies, has announced its entry into the aviation training sector with plans to establish a modern Flight Training Organisation (FTO) in Karnataka.The company has committed an initial investment of Rs 3 billion, making it one of the largest private sector ventures in India’s pilot training industry. According to Tarun Kashyap, Chief Operating Officer of MATPL, the first phase will see Rs 1 billion invested, with the remainder to be scaled up over the next three years.The Karnataka-based FTO will offer training o..
Star Delta Wins Rs 620 Mn Transformer Order in MP
Star Delta Transformers has secured transformer supply and installation orders worth approximately Rs 619.9 million from the Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company (MPMKVVCL).The contract involves the supply, installation, testing, and commissioning of new 11 kV lines, low-tension lines using aerial bundled (AB) cable, and distribution transformer substations. Additional scope includes support infrastructure such as double and triple poles, crossings, and related works.These activities are part of the Revamped Distribution Sector Scheme (RDSS), specifically under the Feeder Separ..
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