Visit to NIMA index 2009 was more chaotic then I expected it to be. Under no way I would classify it as a trade fair and seemed to be more as a consumer fair. I can imagine it being a weekend but was surprised to just see the number of family visitors. Overall I should [...]

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Bosch Ltd said on Friday it would temporarily suspend operations at three manufacturing units across India to avoid inventory build up. The company would suspend manufacturing of starters and generators at its Naganathapura plant between Jan. 10 and Jan. 31, it said in a statement. It would suspend some of its manufacturing operations at its Bangalore [...]

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With recession hitting the automobile industry, Satpur-based tyre manufacturer CEAT has asked its workers to temporarily suspend work for a week. Addressing a meeting of workers at Satpur, the Centre for Indian Trade Unions (CITU) Vice-President Mr Sayeed Ahmed said that CEAT had suffered heavy losses due to rising commodity prices such as petrol and [...]

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GlaxoSmithKline (GSK), the second largest drug maker in the world, has announced that the company will set up a new manufacturing production line in Nashik, Maharashtra to manufacture 300 million tablets of albendazole per year for the treatment of Lymphatic Filariasis (LF). Also Read News Now Paper Specials – Nervous markets wait for global cues [...]

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Indian specialty steelmaker Mukand Limited is planning to set up a stainless steel wire manufacturing facility near Nashik at a total investment of INR 300 crore. The proposed facility, which will be set up at Sinnar area of Maharashtra Industrial Development Corporation, is expected to be operational in the next 12 to 15 months. A [...]

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There is contineous news that tata will move out of Singur. All state goverments are putting a red carpet to them. As it is said you win some and you some. There is a lot of speculation that it will come to Maharashtra. If then it finally comes to maharashtra could it come to Nashik [...]

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Considering tremondous response to its newly launched Common Rail Injector(CRI) production at Nashik plant, BOSCH, world’s largest auto-component company has decided to double its production by 2009, a top company official said today “BOSCH will invest Rs 2,650 crore in India during 2005-2010 and its Indian arm company will invest Rs 1,000 crore during 2005-2010 [...]

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to make India a key sourcing hub as China loses its cost advantage due to the appreciation of its renminbi currency and stricter labour laws. Samsonite, which currently sources one-lakh units of luggage per month from its manufacturing unit in Nasik and through long-term agreements with other manufacturers, will more than double this over the [...]

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Godrej SCA Hygiene Limited, with an equity capital of Rs.200 million, is a 50:50 Joint Venture between SCA and Godrej Consumer Products Limited (GPCL).The JV Company formed in Mar 07 will manufacture and market paper based absorbent hygiene products, specifically sanitary napkins and baby diapers, in India, Nepal and Bhutan. The sales and distribution will [...]

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German carmaker, Volkswagen (VW), has decided to set up an industrial park close to its upcoming plant site at Chakan on the Pune-Nashik highway. It would be built across 200 acres and will serve as an important base for some of VW’s suppliers. The move comes in wake of the company setting up its plant [...]

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