Tamil Nadu targets Rs 75,000-cr investment in aerospace, defence over 10 years

The Aerospace and Defence Industrial Policy, 2022, which intends to draw in investments of roughly 75,000 crore in the following ten years and generate close to one lakh employment, was unveiled by the…

Construction of Bihar’s firstexpressway to commence soon

There are many expressways in Uttar Pradesh, but the first one just for Bihar will soon be open to traffic. Bihar will shortly begin building of the 189-kilometer Amas-Darbhanga expressway. On November 14,…

Gokaldas Exports to invest Rs 280 croreto establish 3 manufacturing units

Garment maker and exporter Gokaldas Exports is spending 280 crore over a two-year period to construct three new manufacturing facilities in Bangladesh, Bangladesh, and Madhya Pradesh Gokaldas Exports’ Executive Vice Chairman and Managing…

Smartworld Developers partners with Schneider Electric for home automation

Real estate companySmartworld Developers Pvt Ltd announced a partnership with Schneider Electric to include home automation into new projects. A Memorandum of Understanding (MoU) between the two businesses has been inked to further…

Reliance unit to build Greenfield Smart City near Gurugram

A subsidiary of Reliance Industries Ltd. is building a smart city near Gurugram, and one of the four Japanese businesses that will be housed there has broken ground for a medical devices division….

Prataap Snacks Limited starts commercial production at new unit

The commercial manufacture of extruded snacks, pellets, and other snacks by Prataap Snacks Limited began on July 26, 2021, at Plot Nos. 5511, 5512, and 5513, Mouza – New Kolorah, Police Station –…

CEAT Ltd approves investment of Rs. 396 crore on capex

The CEAT Ltd. Board of Directors considered and unanimously approved an additional investment in capex totaling approximately Rs. 396 Crore (Rupees Three Hundred and Ninety Six Crore). This is to increase the capacity…

Ultramarine and Pigments Ltd arm to further expand capacity

The Board of Directors of Ultramarine and Pigments Ltd approved the revised project cost for the Pigments Project (carried out through the fully owned subsidiary Ultramarine Specialty Chemicals Limited at APIIC Industrial Park…

Gadkari inaugurates and lays foundation for 13 highway projects including Jabalpur Ring Road

Nitin Gadkari, the Union Minister for Road Transport and Highways, officially opened and laid the cornerstone for 13 highway projects in Madhya Pradesh on Monday, November 7. The cost of these 543 km…

Sunsure Energy commissions 74 MWp open access solar project in Tamil Nadu

In the Tamil Nadu district of Tirunelveli, Sunsure Energy has declared the completion of its 74 MWp Open Access Solar Project. After this project is finished, Sunsure will have 250 MW of solar…

Vande Bharat trains to be manufactured at Rae Bareli modern rail coach factory

Railways Minister Ashwini Vaishnaw visited the Modern Rail Coach Factory in Rae Bareli, Uttar Pradesh, and announced that production of Vande Bharat coaches would begin there the next year. General Manager S. S….

Manufacturing picks steam at FLO Industrial Park in Sultanpur

Rs 125 crore has been invested in the FLO Industrial Park in Sultanpur so far, and this amount is expected to double in the next six to eight months. Approximately 12 businesses have…

MMRDA floats tender for works of Mumbai Metro Line 2B

The Mumbai Metropolitan Region Development Authority (MMRDA) has issued a request for proposals for Line 2B of the Mumbai Metro. The scope of work entails the design, production, supply, installation, testing, and commissioning…

Voltas to invest Rs 1,000 crore to increase capacity, plans new plant near Chennai

Voltas’ managing director Pradeep Bakshi has said the company will spend over Rs 1,000 crore to increase its manufacturing capacity, including at a new plant close to Chennai, while a second proposed Rs…

Umasree Texplast-Packem JV to establish FIBC plant in Ahmedabad

To create 100% sustainable Flexible Intermediate Bulk Containers (FIBC) or Jumbo Bags made of Polyethylene Terephthalate (PET) and recycled PET, Umasree Texplast of Ahmedabad has teamed up with Brazil’s Packem to establish a…

JSW Steel to raise ECA credit for Rs 15,000 cr expansion at Vijayanagar plant

JSW Steel plans to obtain a significant portion of the funding—$15,000 crore—from nations where it is importing machinery at a discounted rate for the 5 mtpaVijaynagar expansion. “Overseas fundraising is out of the…