GHCL to spend Rs 83 crore to install 20-MW solar plant

GHCL board of directors approved an increased capital budget of Rs 83 crore for the Spinning division for FY 2021-22 on February 16, according to a press release.   We would like to…

KIADB to develop industrial areas in eight districts

Large and Medium Industries Minister Murugesh Nirani announced that the Karnataka Industrial Area Development Board (KIADB) will build new industrial parks in eight districts in an effort to expand industrial growth beyond Bengaluru….

NHAI plans to inaugurate Chipiyana

The National Highways Authority of India (NHAI) has set a new deadline for vehicles to be allowed to pass through the Chipiyana railway overbridge (ROB) on the Delhi-Meerut Expressway. The ROB is scheduled…

Union Minister Nitin Gadkari lays foundation stone for 51 NH Projects

“Under the able leadership of Prime Minister Narendra Modi we are committed to build world-class infrastructure in Andhra Pradesh,” said Nitin Gadkari, Union Minister for Road Transport and Highways.   After laying the…

Vivo to invest Rs 3.5k crore in India by 2023

Vivo, a smartphone maker, wants to invest Rs 3,500 crore over the next two years to expand its manufacturing facilities in India and begin exporting handsets from the country this year, according to…

Jubilant Ingrevia commissions Diketene derivatives facility

Jubilant Ingrevia Limited, a global integrated Life Science products and Innovative Solutions provider with over 42 years of experience offering over 165 products and innovative solutions using more than 35 key chemistry and…

BSH Home Appliances plans to invest ₹150 crore in washing machines segment

BSH Home Appliances, a consumer electronics company, plans to invest $150 million in its washing machine division this year. The company recently stated that production of its Bosch-branded top-loading washing machines will be…

Kia Motors to increase production in Andhra Pradesh

South Korea’s Kia Motors will soon launch a third shift at its plant in Andhra Pradesh, thanks to a reduction in semiconductor supply limitations, in order to fulfil rising demand for its automobiles….

Modi Naturals performs groundbreaking ceremony for new ethanol distillery

The groundbreaking ceremony (bhumi pujan) for Modi Naturals Limited’s greenfield ethanol distillery in Raipur, Chhattisgarh, was held recently. The business is constructing a cutting-edge distillery with a 210 KLD production capacity and a…

GAIL to connect Srinagar to gas grid

GAIL India Ltd wants to build a pipeline to Srinagar to transport ecologically benign natural gas to the Kashmir Valley, as it ramps up efforts to expand infrastructure to support the government’s vision…

Parsvanth Developers signs MoU with SJP hotels and resorts

Parsvnath Developers signed a Memorandum of Business Understanding (MoU) with SJP Hotels & Resorts Private Limited (“SJP”), a Migsun Group company, for the construction, development, marketing, and sale of its residential project, “Parsvnath…

Central govt gives approval for Nashik’s IT project

The Union government has authorised Rs 20 crore for the establishment of a common facility centre (CFC) for an IT park in Nashik, Maharashtra. The CFC will house all of the IT industry’s…

Lulu to invest Rs 400 crore to set up food park in Kerala

Lulu Group, UAE-based retail major, has said it will invest Rs 400 crore to set up food park in Kerala. Lulu group Chairman Yusuffali MA made this announcement during food sector exhibition, Gulfood’22…

Vedanta, Foxconn to float joint venture to make semiconductors in India

Vedanta has announced signing a pact with Foxconn to form a joint venture for making semiconductors in India. “According to the MoU (memorandum of understanding) signed between the two companies, Vedanta will hold…

Sunshield Chemicals Ltd announces expansion

Sunshield Chemicals Ltd has approved a proposal to expand the capacity of an existing antioxidant facility, as well as debottleneck the EO/Theic unit and automate the process. The current capacity is 2000 MTPA,…

RKFL new warm forging plant commences operation

Ramkrishna Forgings Limited, a prominent provider of rolled, forged, and machined products, has begun dispatching warm forging processed parts to India’s largest axle maker. RKFL had done capex in 2021, which is now…