capacity expansion
FMCG

TTK Prestige Scales Up Triply Cookware With Rs 40 Cr Push

TTK Prestige boosts Triply cookware production at Karjan plant by 12 lakh units, investing Rs 40 crore to meet premium segment demand

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Brands Consumer FMCG

Domestic Franchise, Capacity Expansion To Fuel Nestlé’s India’s Growth: Report

The report says that the expected moderation in milk prices, alongside its strong pricing power and efficiency initiatives, should partly offset cost headwinds

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Brands Companies Consumer

Reliance Consumer To Invest Upto Rs 8,000 Cr In Soft Drinks Biz: Reports

The company is looking to step up its game to challenge Coca-Cola and PepsiCo as well as the regional brands

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Companies News

Indian Cement Industry Plans 150-160 MT Capacity Expansion Over 4 Yrs

The cement industry, spurred by rising demand in infrastructure and housing, is set for a significant capacity expansion, aiming to add 150-160 million tonne (MT) from FY25 to FY28, according to a report by Crisil Ratings. Over the past five fiscal years, the industry has already augmented its capacity by 119 MT annually, reaching a […]

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National News

Paper Industry Revenue Slips In FY24 As Volume Growth Stagnates

In the fiscal year 2023, the domestic paper industry experienced robust growth of 42 per cent in revenue, primarily propelled by augmented realisations, notably within the printing and writing paper (PWP) segment. However, as the industry navigates through FY2024, shifts in market dynamics have prompted a reassessment of expectations. According to rating agency Icra analysis, […]

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Brands Companies Finance News

UltraTech Cement To Acquire Kesoram Industries’ Cement Business For Rs 5,379 Cr

India’s UltraTech Cement said on Thursday it will buy the cement business of Kesoram Industries (KSRM.NS) in an all-stock deal valued at Rs 5,379 crore, in a move to add heft to its hold in the southern part of the country. As a part of the deal, UltraTech will issue one share for every 52 […]

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Brands Companies Finance Food & Beverage. News

Tata Coffee To Expands Vietnam Operations With Rs 450 Cr Investment

Tata Coffee has received approval from its board for a capacity expansion of its wholly-owned subsidiary in Vietnam with an investment of Rs 450 crore. The regulatory filing by the company stated that the board has given the green light for the establishment of an additional 5,500-tonne freeze-dried coffee facility in Vietnam. The investment for […]

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Companies Finance News

Avadh Sugar & Energy Turns Profitable With Rs 29 Cr Net Profit In Q2

Avadh Sugar & Energy, a K K Birla group company, has reported a net profit of Rs 29 crore for the quarter gone by as against a loss of Rs 16 crore in the same quarter the previous year. The total income of the company during the quarter stood at Rs 799 crore, compared to […]

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Brands Companies Finance News

UltraTech Cement To Invest Rs 13,000 Cr To Increase Capacity

UltraTech Cement is all set to invest Rs 13,000 crore to increase the capacity by another 21.9 mtpa with a mix of brownfield and greenfield projects, taking its total capacity to 182 MTPA after completion. Kumar Mangalam Birla, Chairman, Aditya Birla Group, said, “Over the past seven years, UltraTech has strategically invested over INR 50,000 […]

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