Sree Vijaykumar |
From the Editor's Desk
Syska Group in expansion mode invests Rs 170 crore in manufacturing plants under 'Make In India' plan
Home Grown Syska group, which has diversified itself into segments ranging from LED-based lighting solutions to personal care products has invested Rs 170 crore in three manufacturing plants for LED lighting facilities and plans to invest in few more plants in coming years under the Make In India plan. The manufacturing plants will have a big production of lightings varying from bulbs, tube lights, panel lights, industrial lights etc. This investment by the SYSKA Group will also facilitate huge employment opportunities in the country. The company has invested around Rs 150 crore in the Shirwal plant in Maharashtra, which is mega project under the 'Make in India' initiative of Government of India in Shirwal Maharashtra Industrial Development Corporation (MIDC). The production capacity of the plant would be 30 lakh units per month and it will employ around 1000 employees. Read more
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97.5 percent of broadband connections in India meet TRAI's 2Mbps speed threshold: OoklaOver 97.5 percent of fixed broadband connections in India meet the 2Mbps speed threshold recommended by the Telecom Regulatory Authority of India (TRAI) earlier this month, telecom network intelligence firm Ookla said on Thursday. The regulator proposed to revise the minimum broadband speed to 2Mbps from 512Kbps. Ookla stated that the revision didn’t shift the […]
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