Goa Investment Promotion Board clears 10 investment projects

Goa Chief Minister Pramod Sawant said that the Goa Investment Promotion Board (IPB) on Wednesday approved 10 projects totaling Rs 347.93 crore in proposed investment. These initiatives would create employment possibilities for 3,495…

Ethanol plant to come up at Jeetpur Baheri at a cost of Rs 500 crore

Hindustan Petroleum Corporation Limited (HPCL) would build an ethanol plant at Jeetpur Baheri in the Una district at a cost of Rs 500 crore, according to Chief Minister Sukhvinder Singh Sukhu. Sukhu presided…

Japan to find private sector Renewable Energy projects

Chairman of Japan’s development agency for India said that the government is considering funding private sector renewable energy projects in India. The Japan International Cooperation Agency’s chief representative in India, Saito Mitsunori, stated…

Girijan Cooperative Corporation to establish its own coffee processing plant

The Girijan Cooperative Corporation (GCC) has drawn up plans to improve the flavour of Araku coffee, pay coffee farmers more, and build a processing facility close to Narsipatnam. Every year, sales of raw…

Medical tech firm to invest Rs 3,000 crore for R&D centre in Hyderabad

The largest R&D facility outside of the US will be built in Hyderabad by the medical technology giant Medtronic with an investment of Rs 3,000 crore ($350 million). The business will increase the…

Top steel wheel manufacturer increases capex by 40 per cent

As part of its plan to gradually ramp up production in the commercial vehicle, tractor, aluminium wheel, and windmill machining categories, Wheels India has set aside an expenditure of Rs 200 crore as…

Aavin plans mega capacity expansion

Mano Thangaraj, the minister for dairy development of Tamil Nadu, announced that measures would be done to raise Aavin’s processing capacity to 70 lakh litres per day (LLPD). Speaking to reporters at Aavin…

aerospace and defence

Aerospace and defence industrial parks to come up at Coimbatore: Details here

Along with a shared engineering facility centre, Coimbatore will receive two industrial parks for the aerospace and defence industries, according to B. Krishnamoorthy, special secretary and project director of TIDCO, who spoke on…

PMC to double its capacity to process construction waste with new plant

By constructing a new factory in the city’s southwest, the Pune Municipal Corporation (PMC) intends to treble its capacity for processing and managing building and demolition debris. “The PMC has successfully commissioned a…

Leading auto parts manufacturer plans Rs 1,000 crore capex over 3 years

A three-year expenditure of Rs 1,000 crore has been planned by Sundram Fasteners in light of the excellent growth prospects in both the auto and non-auto categories. Given the recent growth in demand…

Precise machine parts maker inaugurates third facility in Pune

Kranti Industries, a producer of vital and precise machine parts, officially opened its third facility in Pirangut, close to Pune. The first two plants are located close to one another. The capacity to…

Tunnelling projects worth Rs 2 lakh crore are currently under construction: Nitin Gadkari

Nitin Gadkari, the minister of roads and highways, stated that 144 tunnel projects totaling 2 lakh crore, covering 357 km across national highways, are currently under construction in the nation. The Minister pointed…

Cabinet approves Rs 17,000 crore IT Hardware PLI Scheme 2.0: Details inside

The Production Linked Incentive Scheme 2.0 for IT Hardware was authorised by the Cabinet on May 17 with a financial allocation of Rs. 17,000 crore, which was presided over by Prime Minister Narendra…

NHPC bags 200 MW solar power project worth Rs 1007.60 crore

NHPC said that Gujarat Urja Vikas Nigam has given them a letter of intent to construct a 200 MW solar power project worth Rs 1007.60 crore. According to a BSE filing, “Gujarat Urja…

Vibrant Gujarat Global Tech Show to be part of VGGS 2024

The Vibrant Gujarat Global Summit 2024 will include a brand-new component—a thrilling tech show. This event is presently undergoing preparations. According to sources in the state government, the programme will highlight emerging technologies…

Leading laminate manufacturer completes upgradation of manufacturing facility

Greenlam Industries Ltd has previously announced the start of commercial production at the company’s laminate manufacturing facility, which is located in the Gujarati village of Oran in the TaIuka Prantij and Sabarkantha districts….