Manufacturing

Indian Institute of Technology Delhi has received a significant philanthropic contribution of Rs. 75 crore from alumnus Anant Yardi, founder of Yardi Systems. The funding is aimed at strengthening advanced research in artificial intelligence while also supporting infrastructure modernization initiatives. A substantial portion will be allocated to the Yardi School of Artificial Intelligence, reinforcing IIT Delhi’s position as a leading innovation hub.

Heritage Foods Ltd has strengthened its presence in the frozen dessert market with the launch of a new ice cream manufacturing facility in Shamirpet, near Hyderabad, Telangana. The plant has an annual production capacity of 24 million litres and represents a strategic investment aimed at scaling the company’s ice cream operations over the next several years. Currently generating around Rs. 100 crore in annual revenue from its ice cream business, the company expects the new facility to significantly boost production capacity and support long-term growth.

German furniture fittings manufacturer Hettich has strengthened its manufacturing presence in India by inaugurating a new production facility in Indore, Madhya Pradesh. The automated plant marks the company’s first dedicated unit in the country for producing undermount drawer runner systems, a key component used in modern furniture. The project forms part of Hettich’s broader investment strategy of approximately Rs 2,000 crore in India.