Madhya Pradesh govt to ink MoU with Central government for textile park

In order to establish PM Mega Integrated Textile Region and Apparel (PM MITRA) Park, the Madhya Pradesh (MP) government may sign a Memorandum of Understanding (MoU) with the Central government in the final…

Electronics maker bags power transmission and solar projects worth Rs 2,000 crore

Power transmission, railway and solar project orders of Rs 2,000 crore have been placed with Godrej & Boyce unit Godrej Electricals & Electronics. “The Power Infrastructure and Renewable Energy (PIRE) business of Godrej…

Power Minister lays foundation stone for Power grid’s Ara substation to add capacity

R.K. Singh, Union Minister of Power and New and Renewable Energy, laid the cornerstone for the expansion of the 220/132 kV Power grid Ara substation. The project will raise the substation’s overall transformation…

Assam govt signs MoUs with ten leading companies

The Assam government inked Memorandums of Understandings (MoUs) with 10 leading companies anticipating investments of Rs. 8200 crore in the state. “Today, we have signed MoUs with various organisations, which will bring investment…

UP govt plans industrial clusters along Ganga Expressway

The Yogi Adityanath government has made the decision to build industrial clusters alongside every motorway. Meerut, Hapur, Bulandshahr, Amroha, Sambhal, Budaun, Shahjahanpur, Hardoi, Unnao, Rae Bareli, Pratapgarh, and Prayagraj would all be connected…

Popular industrial group to gradually investRs 1,900 crore in EV industry

Rana Group, a conglomerate with numerous commercial ventures, announced that it would gradually invest Rs 1,900 crore in the electric vehicle industry. As a brand ambassador for its three companies, Erisha Agritech, Erisha…

New depots for Mumbai suburban rail at the cost of Rs 2,353 crore

By 2025, new car sheds will be installed for Mumbai’s local trains to accommodate the growing suburban rail network. The planned car sheds will include state-of-the-art features and cutting-edge sensor technology for inspecting…

Injection moulding companies to set up a ₹70-crore plastic parts unit in TN

To produce plastic parts for electric scooters, injection moulding companies United Industries Plastic and VTK Industries established a production facility in Tamil Nadu under the joint venture (JV) name UI Auto Plastic. The…

Top automaker to invest Rs 5,000 crore in India as part of its 2028 plan

As the automaker works to localise its business operations and indigenize its products and technologies, MG Motor India has unveiled ambitious ambitions for the next five years. MG Motor India would invest 5,000…

US based gear maker announces manufacturing plans for Tamil Nadu

Cisco, a US manufacturer of networking equipment, announced manufacturing plans for Tamil Nadu, saying the business is optimistic about the country’s market and its future. The corporation stated in a statement that it…

Top gas supplier to construct ethane cracker in Western India

GAIL (India) Ltd., the top gas supplier in the nation, intends to construct an ethane cracker near its liquefied natural gas (LNG) import plant in Western India in order to satisfy an anticipated…

Leading luggage manufacturer to invest Rs 200 crore to expand manufacturing

Luggage manufacturer VIP Industries will invest Rs. 200 crore in FY2024 to increase its manufacturing capacity. The firm invested Rs. 100 crore in CAPEX in FY23 to build modern plants in Bangladesh and…

Wood panel manufacturer to increase capacity at Andhra Pradesh facility

Greenpanel Industries, a manufacturer of plywood and MDF, is spending 600 crore rupees to increase capacity at its Andhra Pradesh facility. The unit will have a capacity increase of 230,000 cubic metres, or…

Top auto component manufacturer ties up with Netherlands-based sunroof company

The Netherlands-based Inalfa Roof Systems and Gabriel India, a division of the auto component manufacturer Anand Group, have agreed to a technological partnership to produce sunroofs for passenger cars. With an estimated investment…

Taiwanese multinational electronics manufacturer to expand production in India, buys land at Bengaluru

Foxconn, an Apple partner and Taiwanese multinational electronics contract manufacturer, purchased 1.2 million square metres (13 million square feet) of land in the Devanahalli neighbourhood near the Bengaluru airport in Karnataka in an…

Tamil Nadu signs MoU with top Japanese company for Rs 1,895 crore manufacturing unit

The establishment of a Rs 1,895-crore plant by the Japanese company Mitsubishi Electric Corporation and Tamil Nadu is a rare instance of 100 percent foreign direct investment (FDI) in Indian electronic equipment manufacture….