Japan-based Proterial will invest ₹2,250 crore to establish a rare earth permanent magnet manufacturing facility in Andhra Pradesh, strengthening India’s electric vehicle, renewable...
BySamrita JosephJune 16, 2026A devastating molten steel explosion at Visakhapatnam Steel Plant has claimed the lives of eight workers and left several others critically injured, raising...
BySamrita JosephJune 9, 2026AM/NS India has secured the first Strategic Investment Plan approval under the PM-SETU scheme for the Visakhapatnam ITI Cluster in Andhra Pradesh, marking...
BySamrita JosephJune 1, 2026Century Plyboards has commissioned a new resin manufacturing unit at Naidupetta in Andhra Pradesh through its subsidiary Century Adhesives & Chemicals. The facility...
BySamrita JosephMay 30, 2026Visakhapatnam Steel Plant has staged a strong turnaround, reporting a profit of Rs 54 crore in January 2026, backed by government support and...
BySamrita JosephFebruary 4, 2026Sri City secured ₹20,250 crore investments through 43 MoUs in 2025, marking a landmark year as global manufacturers expanded operations and reinforced its...
BySamrita JosephJanuary 6, 2026The Union Steel Ministry has raised serious concerns over falling production and recurring conveyor failures at the Visakhapatnam Steel Plant, stressing that the...
BySamrita JosephDecember 1, 2025BirlaNu will invest around Rs 127 crore to establish a modern fibre cement board plant in Nellore, creating 600 jobs and expanding later...
BySamrita JosephNovember 24, 2025Fabex Steel Structures has inaugurated a ₹120 crore manufacturing facility at Chityal near Hyderabad. The 40-acre unit boosts annual capacity to one lakh...
BySamrita JosephNovember 3, 2025After a year of focused recovery efforts and ₹11,440 crore in Central aid, the Visakhapatnam Steel Plant has lifted capacity utilisation to 79%....
BySamrita JosephOctober 13, 2025