Sterling and Wilson secures three rural electrification orders worth Rs 1,080 crore

Sterling and Wilson Pvt Ltd has secured three rural electrification orders worth Rs 1,080 crore. Two orders come from South Bihar Power Distribution Company Ltd. (SBPDCL) in Nalanda (also includes districts in Nawada),…

Vibrant Gujarat Summit likely to take place in January 2024

Following a five-year hiatus, the Vibrant Gujarat Global forum (VGGS), the state government’s premier investment forum, is anticipated to take place between January 11–13, 2024. Before the Covid 19 epidemic ravaged the planet…

ESR groups intends Rs 400 crore logistics park in Gujarat

  ESR Group, a prominent provider of real estate services and investments with a focus on Asia Pacific, intends to invest more than 400 crore to build a 1 million square foot warehouse…

UP signs pact for establishment of 1,000 acres wide textile parks

The Uttar Pradesh government and the Government of India signed anMoU at LokBhawan in Lucknow for the creation of 1,000-acre-wide textile parks in the Hardoi and Lucknow districts as part of the PM…

SonaComstaropen new plant in Pune

Sona BLW Precision Forgings Ltd. (SonaComstar), opened its second-largest manufacturing facility in Chakan, Pune. Customers in India and around the world can purchase driveline goods made at the new plant, which caters to…

Jubilant Ingrevia Ltd inaugurates new Acetic Anhydride Plant in Gujarat

Jubilant Ingrevia Limited has announced the commissioning of its brand-new Acetic Anhydride factory on a global scale at Bharuch, Gujarat. Jubilant Ingrevia Limited’s total annual capacity for acetic anhydride is increased by this…

Mitsubishi Electric to establish AC manufacturing plant in Chennai

Mitsubishi Electric will invest USD 222 million to build a factory in Chennai’s Mahindra World City Developers industrial park to produce air conditioners and compressors. The new facility will serve as Mitsubishi Electric’s…

TotalEnergies’ LNG plant at Dhamra to commence operation in May

The newly constructed Rs 6,000 croreplant to import LNG at Dhamra on the coast of Odisha will begin commercial operations towards the end of May, according to the French company TotalEnergies. On April…

Tata Power discom inks MoU with NVVNL for a 200-MW hydro power project

To fulfil the anticipated peak demand, the distribution division of Tata Power Co. Ltd. has entered into a 200-MW medium-term hydro power purchase deal with NTPC VidyutVyapar Nigam Ltd (NVVNL). A supplier of…

Footwear maker Pou Chen to investRs 2,302 crore in Tamil Nadu

Footwear manufacturer, Pou Chen Corporation, based in Taiwan, and the government of Tamil Nadu signed a memorandum of understanding (MoU) that could result in investments totalingRs 2,302 crore and the creation of more…

M3M India to invest Rs 7,600 crore in 10 under-construction projects in NCR

M3M India, a real estate developer, will invest Rs 7,600 crore in roughly 10 projects in the NCR that will total 20 million square feet. In the fiscal year 2022–2023, the corporation asserted…

Vedanta Group inks MoU with 20 Korean display glass companies

The Vedanta Group stated that it has inked Memorandums of Understanding (MoU) for the establishment of an electronics manufacturing hub in India with 20 Korean display glass companies. Vedanta was invited to a…

Siemens Gamesa bags 166MW wind turbine contract in India

The Indian division of ArcelorMittal has placed a supply contract for 166MW wind turbines with Siemens Gamesa. The wind farm is located in the Indian state of Andhra Pradesh. Siemens Gamesa has promised…

Michelin to soon commence production of passenger vehicle tyres in India

Michelin’s Chief Executive Officer FlorentMenegaux said that the company is seriously contemplating local production of passenger car tyres in India. The Clermont-Ferrand-based tyre giant might expand operations in India, which are still severely…

EV two-wheeler manufacturer Motovolt likely to invest Rs 100 crore

Kolkata-based manufacturer of electric bikes Motovolt Mobility founder & CEO TusharChoudhary said that the plans to invest around Rs 100 crore in industrialisation of eROCKIT products in India. In a recent interview Tushar…

Works for Halwara International Airport to be completed by July

Harbhajan Singh, a cabinet minister for Punjab, stated that it is possible that the building work for the new international airport in Halwara, which is about 40 kilometres away, will be finished by…