Escorts Ltd, a farm machinery and construction equipment manufacturer, has planned expenditure of up to 400 crore for the current fiscal year to introduce new products and expand manufacturing capacity. Electric tractors, which…
Vikram Solar, a solar module manufacturer, plans to increase manufacturing capacity from 2.5 GW to 6.3 GW during the next two years. As part of its development strategy, the business is building a…
Airports Authority of India (AAI) will commission a new terminal building at the Jabalpur airport in Madhya Pradesh by March next year. According to the AAI, the new terminal building will be equipped…
According to Sandeep Poundrik, Principal Secretary, Department of Industries, Government of Bihar, ethanol producers aim to invest over 3,000 crore to build up seventeen production plants across the state. “All seventeen manufacturing units…
According to Sandeep Poundrik, Principal Secretary, Department of Industries, Government of Bihar, ethanol producers aim to invest over 3,000 crore to build up seventeen production plants across the state. “All seventeen manufacturing units…
GAIL India Ltd has announced the winning of a contract to build one of India’s largest green hydrogen ectrolysers using Proton Exchange Membrane (PEM) technology. The project will be built in accordance with…
Videotex International, a consumer electronics contract maker, announced plans to invest over Rs 100 crore over the next two years to build a new LED TV manufacturing plant in Greater Noida with a…
The Karnataka government has made a flurry of funding announcements for several Bengaluru projects. This includes a Rs 100 crore investment in the Peenya industrial hub’s infrastructure. The Cabinet also resolved to provide…
Maruti Suzuki has begun the process of building its largest production factory, but it has warned that further investment would be contingent on the status of India’s vehicle sales, which have been dropping…
PMI Electro, an electric bus manufacturer, announced the opening of its largest commercial EV manufacturing unit in Chakan, Maharashtra, with an annual production capacity of 2,500 cars. The facility, for which the foundation…
Skanda Aerospace Technology Private Limited (SATPL) aims to build a plant in Hyderabad for Rs 250 crore. SATPL is a joint venture between Raghu Vamsi Machine Tools (RMVT) and Rave Gears, LLC, Texas,…
The new terminal building at the Pune airport is set to open this year, according to authorities. “More than 65% of work on the building, which is currently under construction, is done. Our…
In Tamil Nadu, Dalmia Cement (Bharat) Limited (DCBL) would invest Rs 2,600 crore over three years to set up three grinding facilities. The new facilities, each with a capacity of two million tonnes,…
The Royal Philips facility in Chakan, Maharashtra, has completed a 7200 square metre extension. The state-of-the-art facility currently has 11,700 square metres of floor area and serves the MR Radio Frequency Coil, mobile…
The Gas Authority of India Limited (GAIL) has granted Tecnimont Private Limited (TCMPL), in conjunction with NextChem, an EPC contract to build a 4.3-ton/day green-hydrogen generation facility via a 10-megawatt PEM electrolysis unit…
Godrej Agrovet (GAVL), a diversified agriculture firm, expects to spend heavily in Astec Lifesciences, its agrochemical active ingredients subsidiary, in the current financial year, increasing its capital expenditure to over 500 crore. In…