Delhi Metro Rail awards contract for Silver Line to Alstom Transport

Alstom Transport India has been given the signalling contract for the Silver Line by Delhi Metro Rail, valued at Rs 219.59 crore. The 16 stations along the 23.622 km Silver Line would link…

66 significant infrastructure projects recommended for approval under PM GatiShakti

A top official said, 66 significant infrastructure projects totaling over Rs 5 lakh crore from various ministries have so far been recommended for approval under the PM GatiShakti initiative. The Network Planning Group…

Centre identifies 100 industrial clusters in close conjunction

The centre has focused on developing 100 industrial clusters in close conjunction with the states,a senior official said.The Gati Shakti national master plan will be used by the Center and the relevant states…

Akums Medicines enter gummies market, opens new manufacturing facility

Akums Medicines & Pharmaceuticals announced that it has opened a new manufacturing facility and entered the gummies market. According to the company, it seeks to provide treatment for a variety of ailments for…

Foxconn to set up a manufacturing plant in Telangana, to provide 100,000 jobs

Foxconn, a major Taiwanese electronics company, plans to build a factory in Telangana, potentially employing more than 100,000 people. Foxconn Chairman Young Liu visited Rao at Pragati Bhavan, where an agreement between the…

Vishnu Chemicals board authorises investment worth Rs 1,000 crore

The board of Vishnu Chemicals has authorised an investment of up to Rs 1,000 crore for the construction of greenfield projects in the states of Gujarat and Andhra Pradesh, the company declared. The…

BDMA to establish technology and training centre at Jeedimetla

At the Jeedimetla pharmaceutical cluster, the Bulk Drug Manufacturers Association (BDMA) is establishing a Technology and Training Center for skill enhancement. The establishment of such a facility for the employees of a particular…

GACL expands its Dahej Complex’s Caustic Soda Lye Plant

In keeping with its expansion ambitions, Gujarat Alkalies and Chemicals Limited increased the capacity of its Dahej Complex’s Caustic Soda Lye Plant from 785 MTPD to 1310 MTPD. A new 700 MTPD Caustic…

Kerala govt approves establishment of eight private industrial parks

The Kerala government has allowed the establishment of eight private industrial parks in the state in an effort to increase investment and employment possibilities. “For the industrial sector, it will be a ground-breaking…

Essar to invest US$3.6 billion in energy transition in India and UK

The Essar Group, which has investments in the energy, infrastructure, technology, metals and mining, and related industries, announced the foundation of Essar Energy Transition (“EET”) to promote the development of the UK’s premier…

Rx Propellant to establish manufacturing and research clusters in India

A life sciences infrastructure platform called Rx Propellant is dedicated to establishing manufacturing and research clusters in India. Bangalore and Hyderabad are where it conducts business. It launched several initiatives at Genome Valley…

Plug-and-play model to come at proposed EV park in Hosur

In an effort to draw in more capital for the rapidly growing electric vehicle (EV) industry, Tamil Nadu is nearly finished with the land acquisition for the state’s first 300-acre EV park in…

Ocior Energy to invest Rs 40,000 crore in green hydrogen, ammonia at Gujarat

With an investment of Rs 40,000 crore, the Gujarat government and Ocior Energy India Pvt Ltd inked a memorandum of understanding (MoU) for the generation of green hydrogen and green ammonia. According to…

Umwelt Energy to invest $ 850 million in Tamilnadu for green Hydrogen

Danish business Umwelt Energy will invest 850 million dollars to establish a fully integrated green methanol facility in Tamilnadu. The announcement was made on February 1, 2023, when a group from the energy…

IPB approves six new projects, likely to create over 2k jobs

By approving a theme park proposal at the Investment Promotion Board (IPB) meeting, the Goa government has moved the Manohar International Airport redevelopment one step ahead. Six projects totaling Rs 310 crore in…

AkzoNobel targets growth after opening new coating plant in India

AkzoNobel has inaugurated a new industrial coatings plant at Hoskote Bengaluru. The facility will produ coil and specialty plastic coatings on an existing AkzoNobel site which already manufactures marine and protective coatings, automotive…