Braithwaite & Co Ltd has set aside Rs 50 crore as capital expenditure (capex) for expanding container manufacturing. As the government focuses on indigenous container manufacture and minimising reliance on China for such…
Exide Industries, a storage battery firm, has formed a multi-year technological partnership with a Chinese business to manufacture lithium Ion batteries in India. In a statement released, Exide said that as part of…
Vikas Lifecare, a polymer materials trading firm, said that it plans to invest over Rs 120 crore in expanding its activities. The NSE-listed business also wants to recruit 250-300 individuals to support its…
Oriental Foundry (OFPL), a wholly owned subsidiary of Oriental Rail Infrastructure, has started production on the second line in its new manufacturing plant in Chopadava, Gujarat, doubling the capacity of producing ‘Bogie’ and…
Doosan Heavy Industries and Construction Co. Ltd. has placed an order with international technology firm ANDRITZ to supply hydro- and electromechanical equipment for the 216-MW Upper Trishuli 1 hydropower project in Nepal, which…
By mid-2022, ongoing civil works for the restoration of historical Indore buildings such as Rajwada Palace, Gopal Mandir, and Malhar Rao Holkar Chhatri, as well as the construction of Khajrana Ganesh Mandir’s gate,…
The Karnataka government has approved 48 industrial projects totaling Rs 2,062 crore in investment. Over 6,393 persons in the state will be employed as a result of these initiatives. The projects were approved…
Tata Power and Enviro have announced a new agreement in which EV chargers will be placed in Gurugram, bolstering efforts to deliver greater and more conveniently accessible EV charging infrastructure. Enviro is the…
The National Highways & Infrastructure Development Corporation (NHIDCL) has issued a request for proposals for the four-laning of the NH-127B segment between Srirampur and Dhubri in Assam. The project involves widening an existing…
Larsen & Toubro’s construction division has received a number of orders for its various industries. IRCON International LTD has awarded the Railways SBU of L&T Construction’s Transportation Infrastructure IC an Engineering, Procurement &…
KPI Global Infrastructure Ltd has completed the commissioning of a new solar power plant with a capacity of 1.50 MW (DC) at Village-Shimpura, Ta-Amod, District Bharuch. Cadila Healthcare Ltd (industrial client) had an…
Kalpataru Power Transmission Limited (KPTL) said that it has received a letter of intent (LoI) for a Rs 3,276 crore deal. The letter of intent is for a “prestigious project” encompassing the design,…
Nitin Gadkari, the Union Minister for Road Transport and National Highways, laid the foundation stone for 19 projects worth Rs 1,407 crore, including the inauguration of a four-lane U-turn underpass on the…
RattanIndia Enterprises, through its wholly-owned subsidiary NeoSky, has entered the drone sector in India and plans to begin commercial operations in the first quarter of 2023, according to a senior company official. RattanIndia…
The Ministry of Road Transport and Highways of the Government of India has issued a tender for road construction in Ladakh as part of the Vikayak Project. The project entails converting the route…
The drone industry was encouraged to apply for the sector’s production linked incentive (PLI) scheme, which was launched by the federal government. The scheme’s overall incentive is Rs 120 crore, spread out over…