Rs 125 crore has been invested in the FLO Industrial Park in Sultanpur so far, and this amount is expected to double in the next six to eight months. Approximately 12 businesses have…
The Mumbai Metropolitan Region Development Authority (MMRDA) has issued a request for proposals for Line 2B of the Mumbai Metro. The scope of work entails the design, production, supply, installation, testing, and commissioning…
Voltas’ managing director Pradeep Bakshi has said the company will spend over Rs 1,000 crore to increase its manufacturing capacity, including at a new plant close to Chennai, while a second proposed Rs…
To create 100% sustainable Flexible Intermediate Bulk Containers (FIBC) or Jumbo Bags made of Polyethylene Terephthalate (PET) and recycled PET, Umasree Texplast of Ahmedabad has teamed up with Brazil’s Packem to establish a…
JSW Steel plans to obtain a significant portion of the funding—$15,000 crore—from nations where it is importing machinery at a discounted rate for the 5 mtpaVijaynagar expansion. “Overseas fundraising is out of the…
The 1,200 megawatt (MW) ISTS-connected wind-solar hybrid projects will be set by project developers chosen by the state-run Solar Energy Corporation of India (SECI). The hybrid power developer (HPD) must put up the…
Altigreen, a manufacturer of commercial electric vehicles, increased its manufacturing capacity by investing 80 crore in a new production plant in Malur, Karnataka. Amitabh Saran, the founder and CEO of Altigreen, claims that…
Dr Reddy’s Laboratories CFO ParagAgarwal said that the organisation has set aside around Rs 1,500 crore in capital expenditures for FY23, the majority of which is planned to be used to expand the…
Developer of industrial and logistic parks IndoSpace announced that it will spend Rs 3,000 crore in the storage and logistics sector in Karnataka. With its Grade-A industrial parks already operating in Bommasandra and…
At a capital expense of more than Rs 400 crore, Mangalore Chemicals & Fertilizers Ltd (MCFL) announced that an ammonia energy enhancement project was successfully completed. The Adventz Group company MCFL, a subsidiary…
The launch of the “Chennai 1” hyperscale data centre campus at Sipcot IT Park in Chennai, India, has been announced by AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX. The campus provides…
Engineering company JMC Projects reported receiving new orders totalingRs. 2,277 crore. “JMC Projects (India) Limited (JMC), a leading civil engineering and EPC company, has secured new orders of Rs 2,277 crore,” a company…
A unit for ONGC to be used in the KG Basins has been created by Shapoorji Pallonji Oil & Gas, the sole domestic specialist company in manufacturing floating production storage and offloading units…
As part of its growth aspirations for renewable energy, Adani New Industries Ltd (ANIL) has constructed a wind turbine in Mundra in Gujarat that is taller than the Statue of Unity and has…
The board of directors of SRF has approved projects for setting up of four new plants and capacity enhancement of an existing plant to produce various speciality chemicals at an estimated cost of…
Dhanuka Agritech, an agrochemical company, invested 10 crore to establish a new research and development facility in Palwal, Haryana. The building, which is a part of a six-acre campus, will be accessible to…