Modi launches seven ‘PM Mitra’ mega textile parks across India

The development of seven “PM MITRA” mega textile parks, one in each of Karnataka, Tamil Nadu, Telangana, Maharashtra, Gujarat, Madhya Pradesh, and Uttar Pradesh, was officially launched by Prime Minister Narendra Modi. According…

TVS Industrial and Logistics plans to increase footprint in 30 more locations

A top official announced that the TVS Industrial and Logistics Park (ILP) has plans to expand its footprint in 30 more locations by 2027. There are now 11 places where the company is…

JSPL receives approval to manufacture India’s first fire-resistant steel structures

At its facility in Raigarh, Chhatisgarh, Jindal Steel and Power Ltd (JSPL) announced that it would produce the country’s first steel structures that are fire resistant. The company will target markets like refineries,…

SJVN signs MoU with Indian Oil for renewable energy projects

An agreement has been signed between SJVN and Indian Oil Corporation (IOC) to establish a joint venture for renewable energy projects. SJVN and IOC will both use their areas of strength to develop…

NACL Mulitchem receives environmental clearance for Andhra facility

Setting up a manufacturing facility in Andhra Pradesh acquired environmental certification from NACL Industries subsidiary NACL Multichem. The manufacturer of agrochemicals reported that NACL Multichem has received environmental approval from the Ministry of…

World Bank assistance for Green National Highway Corridors project

An agreement for the Green National Highway Corridors Project has been reached between the Indian government and the World Bank, with loan assistance of $500 million against a total project cost of $1,288.24…

UP govt intensifies effort to implement investment proposals of Global Investors’ Summit-2023

The government of Uttar Pradesh has intensified its efforts to put the investment recommendations of the Global Investors’ Summit-2023 into action. Yogi Adityanath, the chief minister, has directed officials to get in touch…

Work on Khammam-Vijayawada greenfield highway to begin soon: Nitin Gadkari

Nitin Gadkari, Union Minister for Road Transport and Highways said that a four-lane, access-controlled greenfield highway between Khammam and Vijayawada will be built on NH-163G for a price of Rs. 983.90 crore. According…

Adventz Group and Envien Group to jointly develop grain based distillery in Uttar Pradesh

Zuari Industries Limited (ZIL) and Envien International Limited of the Envien Group, with headquarters in Slovakia, entered into binding agreements to jointly develop, build, own, and run a 150 KLPD grain-based distillery in…

HVAC industry likely to get an investment of Rs 5,000-cr in new technology

A 5,000 crore investment in new technology is anticipated for the heating, ventilation, and air conditioning (HVAC) sector to increase efficiency. The HVAC&R business is expected to increase 15-20% in 2023, according to…

JSW Steel likely to invest Rs 2,000 crore in coking coal mine in Jharkhand

JSW Steel, which is run by Sajjan Jindal, intends to invest 2,000 crore to create a brand-new coking coal mine in Jharkhand. The company is awaiting an official announcement from the government after…

Sterlite Power bags Rajasthani project for transmission of green energy

Sterlite Power announced that it has won a Rajasthani project for the transmission of green energy. According to a corporate statement, the project was awarded through a tariff-based competitive bidding (TBCB) process. PFC…

Mohammadpura power loom cluster likely to get Rs 190 crore investment

Under the Micro & Small Businesses – Cluster Development Plan of the central micro, small, and medium enterprises (MSME) ministry, an investment of around 190 crore is envisaged in the projected power loom…

NTPC inaugurates first-ever commercial green coal plant in Varanasi

In Varanasi, the state-owned energy firm NTPC has launched the nation’s first-ever commercial green coal operation that would turn urban garbage into torrefied charcoal. According to a business statement, NTPC had planned to…

Indore Municipal floats tender for solar PV project in Madhya Pradesh

The building and commissioning of a 60 Megawatt (AC) solar PV project at the villages of Samraj and Ashukhedi in Indore, Madhya Pradesh, has been put out to bid by the Indore Municipal…

Vedanta Aluminium inks MoU with Dalmia Cement to supply industrial wastes

In order to supply industrial wastes like fly ash and spent pot liner for the production of low carbon cement, Vedanta Aluminium announced that it has entered into a long-term agreement with Dalmia…