Bosch to invest Rs 200 crore in next five years in India

Bosch Ltd.’s managing director Soumitra Bhattacharya said that the company would invest more than Rs 200 crore in India over the next five years in the fields of advanced automotive technology and digital…

Ola Electric unveils lithion-ion-cell

Ola Electric revealed the NMC 2170 lithium-ion cell. The firm plans to start mass producing the cell from its future Gigafactory by 2023. NMC is used on the cathode side of the cutting-edge…

Lighthouse Canton to invest Rs 150-200 crore at Genome Valley

Shamirpet’s MN Park at Genome Valley will soon expand by around 1,80,000 square feet of life sciences space. Its intentions to build an additional 2,50,000 sqft with an extra expenditure of Rs 150-200…

Yash Pakka Limited announces expansion at Ayodhya facility

  AFRY has been given a contract by Yash Pakka Limited to undertake a basic engineering study for an integrated brownfield expansion project at their Ayodhya facility. AFRY is the top Integrated Project…

Vizag station to be revamped at a cost of Rs 393 crore

A request for proposals (RFP) has been issued by the Rail Land Development Authority (RLDA) for a significant upgrade of the Visakhapatnam train station. An estimated 393 crore will be spent on the…

Six firms respond to EoI for outer harbour development in Thoothukudi port

Six firms, including a Swiss terminal operator, have responded to the call for Expressions of Interest for the ₹7,164-crore outer harbour project at the VO Chidambaranar port in Thoothukudi to be built on…

Gufic Biosciences to invest Rs 240 crore

Gufic Biosciences Ltd (GBL) is investing about Rs 240 crore in construction of new manufacturing plants as part of its expansion plan. “A new injectable plant is under construction at Indore. The facility…

Epsilon Carbon to establish storage facility at Mangalore port

The manufacturer of coal tar derivatives Epsilon Carbon Private Ltd. announced that it has reached a deal with the edible oil refiner Sri Anagha Refineries to build a molten pitch storage facility at…

L&T Construction gets orders to build data centres in Mumbai

Larsen & Toubro (L&T) announced that it has been awarded important contracts to construct data centres in Mumbai and Navi Mumbai with a combined capacity of 10.8 MW. The business will design, construct,…

Murugappa group to enter EV business

The Murugappa Group would invest Rs 200 crore in the category and debut the Montra brand of electric three-wheelers by September. TI Clean Mobility (TCM), a wholly owned subsidiary of Tube Investments of…

Mehsana District Co-op. Milk Producers invites bids for construction at Dudhsagar Dairy

The Mehsana District Co-op. Milk Producers’ Union has issued an invitation for bids for construction at the Dudhsagar Dairy. At the Dudhsagar Dairy in Mehsana, Gujarat, the scope of work includes designing, engineering,…

NHAI grants financial closure for Dilip Buildcon’s arm

The National Highways Authority of India has issued a financial closure letter for the project “Construction of 4 lane Bangalore-Chennai Expressway from Km 127.000 (Bangarupalem) to Km 156.000 (Gudipala) Section in the State…

Dwarka Expressway to become operational in 2023

Minister for road transport and highways Nitin Gadkari stated that the 29 kilometer Dwarka Expressway, which is being constructed at a cost of Rs 9,000 crore, will open to traffic in 2023 and…

M&M announces raising Rs 1,925 crore from BII

In order to establish a new four-wheel Passenger Electric Vehicle business, Mahindra & Mahindra has announced raising Rs 1,925 crore from the British International Investment (BII). The newly created EV subsidiary would receive…

Bharat Alt Fuel to establish alternative fuel technology in Tamilnadu

Bharat Alt Fuel, which focuses on alternative fuel technology and e-mobility, will establish a greenfield facility in Tamil Nadu at an investment of $250 crore to produce electric cars, batteries, and motors. In…

Godrej Appliances to invest Rs 200 crore in capacity expansion

Godrej Appliances plans to generate sales of Rs 5,500 crore in 2022–2023, with its premium line of items accounting for about 35% of total sales, according to a senior official. Additionally, Godrej Appliances…