Tamil Nadu
Brands Fashion & Lifestyle

CaratLane Opens New Chennai Store To Celebrate 17 Yrs

Marking its 17th anniversary, CaratLane strengthens its Chennai presence with a contemporary retail experience

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Consumer

Reliance Consumer To Invest Rs 1,156 Crore In Tamil Nadu

RCPL sets up a 60-acre integrated food manufacturing unit in Thoothukudi, creating 2,000 jobs over five years Reliance Consumer Products (RCPL) will invest Rs 1,156 crore to establish an integrated manufacturing facility at SIPCOT Allikulam Industrial Park in Thoothukudi, Tamil Nadu, State Industries Minister TRB Rajaa said on X. “Another FMCG major chooses Tamil Nadu! […]

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Brands Companies Economy Manufacturing States

TN CM Lays Foundation For Taiwanese Dean Shoes Factory In Ariyalur

Through the investment of Rs 1,000 crore, the footwear major Long Yin Investment (Dean Shoes) will generate employment for 15,000 people

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Brands Companies News

Ambuja Cements Strengthens Southern Grip With My Home Unit Acquisition

Ambuja Cements, a key player in the cement and building materials industry and a part of the diversified Adani Portfolio, has inked a definitive agreement to acquire My Home Group’s 1.5 MTPA Cement Grinding Unit in Tuticorin, Tamil Nadu. The acquisition, valued at Rs. 413.75 Crores and funded through internal accruals, marks a strategic move […]

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Brands Companies Electronics News

Pegatron Hands Over India iPhone Plant To Tata In Major Apple Supply Chain Shift

Pegatron is reportedly in advanced discussions to transfer control of its sole iPhone manufacturing facility in India to the Tata Group, news agency Reuters reported citing two sources. This development signifies Pegatron’s latest move to scale back its partnership with Apple. As part of the proposed deal, which has Apple’s approval, Tata intends to hold […]

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Export Government News States

ICF Chennai To Develop Standard Gauge Vande Bharat Trains For Export

Union Minister of Railways Ashwini Vaishnaw stated that Integral Coach Factory (ICF), Chennai will now develop standard gauge Vande Bharat trains, only for export purposes. Minister Vaishnaw was speaking on the occasion of the inaugural ceremony of Qualcomm’s Chennai Design Center. The centre was inaugurated by the minister Vaishnaw. Standard gauge rakes are used in […]

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Electronics Export National News

India’s Electronics Exports Surge 50%, Reaching $23.58 Bn In FY23

India’s electronics industry witnessed a big surge in exports during the fiscal year 2022-23, as reported by the Electronics and Computer Software Export Promotion Council (ESC). The sector experienced a growth rate of over 50.25 per cent compared to the previous year, culminating in exports totaling USD 23.58 billion. This surge in exports was attributed […]

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National News States

Tamil Nadu Liquor Prices To Increase From 1 February

Tamil Nadu State Marketing Corporation (TASMAC) on Monday announced that the excise tax on liquor is to be increased which is to be reflected on liquor prices in Tamil Nadu from 1 February. According to a release from TASMC Administration, “the excise tax on liquors is to be increased and therefore, liquor prices are to […]

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Brands Companies Finance National News States

Hyundai Motor’s India Arm To Invest Rs 6,000 Cr In Maharashtra

Hyundai Motor’s Indian unit on Friday said it would invest Rs 6,000 crore in the western state of Maharashtra, while also disclosing that it had completed the acquisition of General Motor’s plant in the state. India’s second-largest carmaker by sales did not disclose a deal value for the Talegaon plant or give details of its […]

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Brands Companies News States

Relux Electric Invests Rs 330 Cr In Tamil Nadu For EV Charging Infrastructure

The Chennai-based Relux Electric, a fast-growing EV charging infrastructure provider in south India, is all set to invest Rs 330 crore towards developing ultra-fast charging hubs in Tamil Nadu in the next five years. The company has signed an MoU with the Government of Tamil Nadu in this regard at the Global Investors Meet 2024. […]

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