Micron Technology Seeks Partner For Phase-II Of Semiconductor Facility

14 Feb 2025 CW Team

Micron Technology seeks a construction partner for the second phase of its semiconductor assembly and test facility in Sanand, Gujarat. Companies such as Larsen & Toubro and KEC International are contenders, as the company is in the process of inviting bids. Micron's first phase of the project, originally slated for completion in 2024, will now become operational in early 2025. Tata Projects was awarded the contract for the first phase in September 2023, but due to delays, Micron is considering other vendors for the second phase. The $2.75 billion project is backed by financial support from the Central government and the state, contributing a significant portion of the cost. The new facility, with an area of 5,00,000 sq ft. will focus on wafer transformation, ball grid array packaging, memory modules, and solid-state drives. By December 2025, Tata Projects is expected to hand over the facility, and Micron will decide when to commence production. It is expected to create thousands of direct and indirect jobs. Micron is the first company to receive approval under the India Semiconductor Mission (ISM), further boosting its investment in the region.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..