Voltas, a Tata group firm, has set aside 350-400 crore in capital expenditure to meet the government’s needs for manufacturing components under the Production Linked Incentive (PLI) Scheme. Voltas, a company that specialises…
In West Bengal, CIL Navikarniya Urja has issued a request for proposals for a solar PV power facility. The scope of work for a five-year solar PV power plant at Bhojudih Coal Washery,…
“An extremely productive trip,” said a gleeful Telangana industries and information technology minister K.T. Rama Rao (KTR) on his return from the World Economic Forum (WEF) Summit at Davos, where the state attracted…
Hyundai has announced a Rs. 1,400 crore investment in the Telangana Mobility Valley. Telangana Mobility Valley will be home to Hyundai’s proving grounds. Hyundai will be a shareholder and consortia partner in the…
EMPE Diagnostics has announced the opening of a worldwide manufacturing plant in Hyderabad’s Genome Valley, with the goal of producing 2 million tuberculosis (TB) testing kits each month. In Hyderabad, the business will…
Larsen and Toubro (L&T), an infrastructure company, said that it has obtained another large contract order for the Chennai Metro Rail Project. A substantial order, according to the company’s project categorization, is worth…
Indo Count Industries has announced new capital expenditures to expand spinning capacity at its Pranavaditya Spinning Mills subsidiary (PSML). The projected expenditure would be used to add 68,000 spindles to the existing spinning…
WardWizard Innovations and Mobility is planning to invest up to Rs. 650 crore in the manufacture of Li-ion advance cells and related infrastructure. The Gujarat-based firm, which sells electric two-wheelers under the Joy…
Electric two-wheeler manufacturer BGauss Auto Pvt Ltd aims to invest roughly Rs 40 crore to quadruple manufacturing capacity to 2 lakh units yearly by next year. After two years, the company expects to…
J Kumar Infraprojects Ltd announces receipt of Letter of Acceptance from Ircon International Limited for Construction of Eight lane access-controlled Expressway from Km 69.800 Km 79.783 (Bhoj to Morbe Section- SPUR of Vadodara…
A top official from the state-owned Gas Authority of India Limited (GAIL) announced othat the company will invest 6,000 crore in renewable energy over the next three years. GAIL India chairman and managing…
Sterlite Power reported that it has received various orders worth over Rs 1600 crore in the local and foreign markets for its solutions business. In the MSI (Master System Integrator) category, the business…
Watergen, an Israeli business, launched a strategic joint venture with SMV Jaipuria Group, with a projected investment of more than USD 50 million (about Rs 387 crore) over the next 2-3 years to…
ONGC, India’s largest oil and gas producer, announced that it will invest Rs 31,000 crore over the next three years in exploring the Indian sedimentary basin for fuel reserves that might help the…
GMM Pfaudler, a company that makes glass-lined reactors, tanks, and columns for pharmaceutical and chemical firms, has announced the expansion of its Hyderabad site. To improve capacity, the business would invest an extra…
Indian Railways has published contracts worth Rs 5,000 crore for 14 stations on an EPC (engineering, procurement, and construction) basis in order to speed up the station reconstruction programme. The railroads have chosen…