Drillmec SpA, a subsidiary of the city-based Megha Engineering and Infrastructures Limited (MEIL) group, will invest USD 200 million in Telangana to establish its global manufacturing hub, according to a top executive of…
Dalmia Bharat intends to increase its cement capacity to more than 48 million tonnes (MT) by the end of fiscal 2024, up from 35.9 MT currently, with an investment of Rs 9,000 crore…
Maruti Suzuki, the country’s top carmaker, has budgeted capital expenditure of about Rs 5,500 crore in this financial year. This highest-ever capex is to give push to operations after two years of modest…
Chambal Fertilisers and Chemicals’ board has given nod to setting up a plant for manufacture of Technical Ammonium Nitrate (TAN) at its existing manufacturing facility at Gadepan, in Kota district of Rajasthan. The…
Dineshchandra R Agrawal Infracon has emerged as the lowest bidder (L1) to construct package OD7 of the 464 km Raipur-Visakhapatnam Economic Corridor (NH-130CD & EC-15). The scope of work envisages development of…
Max Infra (India) Ltd has emerged as the lowest bidder to construct package OD8 of the 464 km Raipur – Visakhapatnam Economic Corridor (NH-130CD & EC-15). Package OD-8 is 22.533 km long…
Vedanta’s board of directors has given a nod for 430 KTPA (250 Billet and 180 PFA) capacity expansion at cost of Rs 750 crore. The decision will improve Jharsuguda, Odisha location VAP…
On a build-operate-own-transfer basis, Century Plyboards (India) Ltd has been awarded a contract to modernise and mechanise a cluster of six berths in Kolkata’s Khidderpore Docks. By building mechanised systems to handle containers…
Andhra Pradesh Med Tech Zone Limited and Vivo Bio Tech Ltd have signed a lease agreement for the establishment of a new facility at the Andhra Pradesh Med Tech Zone (AMTZ) Campus, Pragati…
Covestro recently opened additional polycarbonate compounding production lines at their Greater Noida plant in India. The company’s advanced skills enable it to provide one of the most comprehensive product portfolios and industry-leading solutions…
L&T Hydrocarbon Engineering, a subsidiary of engineering behemoth Larsen & Toubro, has been awarded a contract for between 2,500 and 5,000 crores to develop ONGC’s 350-kilometer subsea pipes off India’s west coast. As…
For the development of the Mydukur-Badvel segment, the National Highways Authority of India (NHAI) has issued a tender. Under the Bharatmala Pariyojna in Andhra Pradesh, the scope of construction includes four-laning of the…
Navin Fluorine International Limited, a major subsidiary of the Padmanabh Mafatlal Group, has established a cooperation with Honeywell to manufacture the Solstice series of hydrofluoroolefins (HFO) in India. By Q2-2022, the business plans…
NTPC Renewable Energy (NTPC REL), a subsidiary of NTPC, has issued a request for proposals for the construction of a 3,000 MWh inter-state transmission system (ISTS)-connected energy storage facility in India. NTPC…
Jindal Aluminium, the country’s largest manufacturer of aluminium extruded goods, plans to invest around Rs 150 crore over the next two years to bring new capacity online across its two verticals – extrusions…
Mishtann Foods (MFL) has signed a Memorandum of Understanding (MoU) with the Gujarat government to build India’s largest grain-based ethanol facility, with a capacity of 1000 KLPD. The project is planned to…