Central govt gives approval for Nashik’s IT project

The Union government has authorised Rs 20 crore for the establishment of a common facility centre (CFC) for an IT park in Nashik, Maharashtra. The CFC will house all of the IT industry’s…

Lulu to invest Rs 400 crore to set up food park in Kerala

Lulu Group, UAE-based retail major, has said it will invest Rs 400 crore to set up food park in Kerala. Lulu group Chairman Yusuffali MA made this announcement during food sector exhibition, Gulfood’22…

Vedanta, Foxconn to float joint venture to make semiconductors in India

Vedanta has announced signing a pact with Foxconn to form a joint venture for making semiconductors in India. “According to the MoU (memorandum of understanding) signed between the two companies, Vedanta will hold…

Sunshield Chemicals Ltd announces expansion

Sunshield Chemicals Ltd has approved a proposal to expand the capacity of an existing antioxidant facility, as well as debottleneck the EO/Theic unit and automate the process. The current capacity is 2000 MTPA,…

RKFL new warm forging plant commences operation

Ramkrishna Forgings Limited, a prominent provider of rolled, forged, and machined products, has begun dispatching warm forging processed parts to India’s largest axle maker. RKFL had done capex in 2021, which is now…

ACC expands capacity by 1.6 MTPA at Tikaria grinding unit

ACC Limited, a Holcim India member company, announced the successful commissioning of a 1.6 MTPA Grinding Unit (GU) in Tikaria, Uttar Pradesh. The new capacity will add 1.6 MTPA of cement to Tikaria…

Goodluck India inaugurates New Press for Forging Unit

In the presence of notable foreign dignitaries, Goodluck India inaugurates the New Press at its forging operation in Ghaziabad. The new press came all the way from South Korea. It is totally automated…

Embassy REIT constructs and inaugurates key flyover at Embassy Manyata Business Park

Embassy Office Parks is a business park in Washington, D.C Embassy REIT, India’s first listed REIT and Asia’s largest office REIT by area, announced the completion of a three-lane flyover at Embassy Manyata…

Ayana Renewable, Greenko team up for clean energy storage

Greenko Group and Ayana Renewable Power (Ayana), which is sponsored by the National Infrastructure Investment Fund (NIIF), have agreed to provide standalone storage capacity to build firm and dispatchable RE solutions, including RTC…

J&K LG inaugurates various power transmission projects

Lt Governor Manoj Sinha of Jammu and Kashmir inaugurated 22 power transmission and distribution projects worth Rs 216 crore at Samba, according to officials. He claimed that J&K’s power infrastructure, which had been…

Kochi Metro completes trial run on Phase I A extension

The Kochi Metro Rail Ltd (KMRL) successfully completed a trial run of its Phase 1-A expansion from Petta to SN Junction. The Metro train ‘Vaigai’ began a trial run on the new track…

RRTS tunnel work spread in parts of Delhi, Ghaziabad and Meerut to being in 2 months

The National Capital Region Transport Corporation (NCRTC) is now focusing on an 11.5-kilometer subterranean segment of the regional rapid rail transit system (RRTS) corridor that runs through Delhi, Ghaziabad, and Meerut. Officials claimed…

New Projects by Hatsun Agro Products, Nuvoco Vistas Corporation, Hatsun Agro Products, Dalmia Laminators and more…

Nuvoco Vistas Corporation’s New Fuel Material Handling Plant Nuvoco Vistas Corporation is planning to take up new fuel material handling plant in Risda and Nimbol Cement Plants. The project involves setting up alternate…

Okinawa Autotech plants to invest Rs 1,000 crore for doubling capacity

Okinawa Autotech, an electric two-wheeler manufacturer, has doubled its planned investment to expand operations and is in the final stages of talks with private equity firms to sell a minority part in the…

Asian Energy services JV gets LoA for Hura CHP

Coal India subsidiary Eastern Coalfields Ltd has awarded Asian Energy Services Limited (“AESL”) and its JV partner a materials handling project worth Rs128 crore including GST for the construction and operation of a…

NHAI issues tender for six-laning on Nagpur-Hyderabad section

The National Highways Authority of India (NHAI) has issued a request for proposals for six-lane construction on the Nagpur-Hyderabad segment. The project involves six-laning the existing four-lane stretch of NH-44 in the state…