Welspun Enterprises updates on LOA from Soma Indus

Welspun Enterprises Limited had previously announced a procurement and construction contract worth Rs. 2,336 core with Soma Indus Varanasi Aurangabad Tollway Private Limited for the project “Six-laning of Varanasi-Aurangabad Section of NH-2 from…

New integrated passenger terminal at Trichy to be inaugurated in April 2023

The new integrated passenger terminal at Tiruchirappalli (Trichy) Airport is scheduled to open in April 2023. On February 10, 2019, Prime Minister Modi lay the foundation stone for a new terminal building. Trichy…

Tamil Nadu, Netherlands to sign MoU covering various industries

According to the Dutch ambassador, Marten van den Berg, the Tamil Nadu government will shortly sign a Memorandum of Understanding (MoU) with the Dutch government, which would cover a wide variety of industries…

Radiant Appliances increases annual TV manufacturing capacity

Radiant Appliances and Electronics has constructed a new LED TV manufacturing facility in this city, increasing its annual production capacity from 2.1 million to 4.5 million pieces. The company has committed Rs 100…

Vishal Fabrics eyes to double revenue share

Vishal Fabrics Limited (VFL), a denim and fabric company, is looking to expand its export operations by entering European and Latin American markets. According to a top corporate executive, the corporation is developing…

ISMC to invest $3 billion in Karnataka

The international semiconductor consortium ISMC would invest $3 billion in Karnataka to build a chip-making factory. ISMC is a joint venture between Next Orbit Ventures in Abu Dhabi and Tower Semiconductor in Israel….

Voltas signs JV with Highly International

Voltas Ltd, a leading air conditioner manufacturer, stated that it has formed a joint venture with Highly International (Hong Kong) Ltd to produce compressors in India. Voltas said in a regulatory filing that…

East Coast Railway floats tender for construction of six tunnels

East Coast Railway has issued a request for proposals for the building of six tunnels as part of the Kottavalasa-Koraput Doubling Project. The scope of work includes the construction of six tunnels, as…

Bihar gets India’s first grain-based ethanol factory

Bihar holds the distinction of being the first state in the country to build a grain-based ethanol facility from the ground up. Chief Minister Nitish Kumar dedicated the state’s first ethanol factory in…

GE power gets contract worth Rs 863.40 crore

Greenko Ka01 IREP awards GE Power India a contract of Rs 863.40 crore. “Design, engineering, model testing, manufacture, shop testing, packing, supply, insurance, transportation and delivery at project site, of complete electro-mechanical package…

New Projects by Ami Organics, Amiya Steel, Saptasatij Metatech and more…

Minerals And Metals’ Redi Iron Ore Mining Expansion Project Minerals And Metals is planning to take up new redi iron ore mining project in Vengurla, Sindhudurg, Maharashtra. The project involves mining redi iron…

Supreme Industries aims to invest Rs 700 crore in capital expenditure

Supreme Industries Ltd aims to invest over Rs. 700 crores in capital expenditure this year, including Rs. 280 crores in carry forward obligations. Capex that has been committed or intended is mostly for:…

Centre plans Rs 51,000 crore push for hydroelectric power in J&K

With a total expenditure of around 51,000 crore, the Centre wants to give hydroelectric power a substantial boost, with an emphasis on improving infrastructure and creating jobs in Jammu and Kashmir. Following the…

New Projects by Ambuja Cements, Dilip Buildcon, Gokaldasexports Acharpura and more…

Gravita India ‘s New PP Granules / Aluminium Ingot Mfg. Project Gravita India is planning to take up new PP granules aluminium ingot manufacturing project in Kutch, Gujarat . The project involves manufacturing…

Kameng hydro electric plant in Arunachal Pradesh to supply 300 MW to Haryana

In the midst of a sharp surge in electricity demand in Haryana, 300 MW of power from the Kameng Hydro Electric Plant in Arunachal Pradesh will be delivered soon. Haryana will sign a…

TN uses own funds for industrial corridor projects

The Tamilnadu government is utilising its own cash to construct projects since project viability and land acquisition concerns are preventing the development of the state’s three major industrial corridors. The Chennai-Bengaluru Industrial Corridor…