Telangana government announced that Spanish pharmaceutical company Chemo Pharma will spend over 100 crore in a second production line for final dosage forms (FDF) at their current Hyderabad plant. “The company is also…
Considering the importance of Foundry sector growth, Foundry Development Foundation has signed an agreement with TIDCO to establish ‘Centre of Excellence’ at a cost of Rs 32 crore in ‘CODISSIA’ Industrial Park Limited…
MIC Electronics Limited (MICEL), based in Hyderabad, announced that it wants to aggressively penetrate the domestic EV ecosystem in the current fiscal year, in addition to revitalising its existing business lines. The move…
At the World Economic Forum, the Adani Group inked a Memorandum of Understanding (MoU) with the government of Andhra Pradesh for an investment of Rs 60,000 crore in the state. Approximately 10,000 people…
“We are confident of significantly ramping up our azo operations in FY23 to cater to the expanding market demand,” says Arjun G Jaykrishna, Executive Director, Asahi Songwon Colors Limited. Jaykrishna adds, “What thrills…
The Indian government’s Ministry of Road Transport and Highways (MoRTH) has issued a request for proposals for upgrading the Kurwai–Mungaoli–Chanderi road stretch. The scope of work includes rehabilitation and upgradation of the Kurwai–Mungaoli–Chanderi…
Micro Plastics India, a toy maker, has leased a 700,000-square-foot built-up facility in Hosur, Tamilnadu, for a toy-making plant for Rs 500 crore. According to property consultancy JLL India, which mediated the purchase,…
Sriperumbudur is gearing up to launch a 100-bed hospital under the Employees State Insurance Corporation (ESIC) at an estimated cost of ₹155 crore, according to Union Minister for Labour and Employment Bhupender Yadav….
The Centre has approved Rs 180 crore for the rebuilding of the railway network in Assam’s Dima Hasao district, which was ravaged by floods and landslides. Assam Chief Minister Himanta Biswa Sarma acknowledged…
GAIL (India) has installed a dedicated pipeline to provide natural gas to HPCL Mittal Energy’s (HMEL) refinery in Bathinda, Punjab, in a crucial move to secure natural gas availability for big clients. The…
Surface Measurement Systems (SMS), located in the United Kingdom, will open a particle characterisation facility in Hyderabad. The 7,000 square metre facility will be dedicated to characterising pharmaceutical powders. It will be a…
In the next three years, Luminous Power Technologies anticipates its solar sector to account for 40% of overall revenues. Solar solutions presently account for roughly 20% of the company’s entire revenue. The company,…
Aditya Auto Products & Engineering, a Bangalore-based automotive systems provider, has formed a joint venture with Edscha, a global automotive supplier. The two businesses will collaborate to design, manufacture, and distribute door checks,…
Auto component producer Wheels India has planned to invest roughly Rs 155 crore in the current financial year to expand its construction equipment and aluminium wheels business. The Chennai-based maker of wheels for…
LML Electric, which has announced intentions to launch three items next year as part of its second coming, is planning to spend Rs 350 crore in the firm, including building up a new…
Waaree Energies, a local solar PV module maker, announced new orders totaling USD 2.37 billion from clients in the domestic and foreign markets. Waaree Energies stated in a statement that the orders are…