Major cables and wires producer to invest Rs 700 crore in new plant

One of the biggest producers of cables and wires in the nation, Polycab India, anticipates financial gains from its distribution realignment starting in the current fiscal year, with the FMEG vertical likely to…

Telangana aims at $150 billion economy in electronics manufacturing

IT and Industries Minister KT Rama Rao described the establishment of Foxconn Interconnect Technology’s (FIT) $500 million electronic manufacturing unit as a turning point in Telangana’s history and claimed that the state had…

New JV company formed to enter renewable energy market

As a joint venture (JV) with Apollo Hospitals Enterprises, Indo National (INL) will establish a new subsidiary called “Nippo Green Energy” to enter the renewable energy market. The incorporation of the new company,…

Major update on bridge across River Zuari

Construction of Approaches in Ch.531/934 to Ch.536/250 for Bridge Across River Zuari on NH-17/NH-66 on Panjim-Mangalore Section in the State of Goa- (Package III) has been completed, and Dilip Buildcon has been awarded…

100 tonne per day compressed biogasplant to be established in Gwalior

The largest oil corporation in India, Indian Oil, recently revealed its intention to build a Compressed Biogas (CBG) plant in Gwalior. The facility would be situated at Adarsh Gaushala and have a daily…

Top paediatric medicare chain to set up 400 beds in Gurugram

A leading paediatric multi-specialty and prenatal care hospital chain in India, Rainbow Children’s Medicare Limited (RCML), is increasing the number of beds it can accommodate in Gurugram’s two facilities, which together have a…

Two Air Separation Units (ASUs) to be installed at Meramandali Plant in Odisha

Tata Steel has awarded a contract to INOX Air Products (INOXAP), India’s largest producer of industrial and medical gases, to install two Air Separation Units (ASUs) at the Meramandali Plant in Odisha. Each…

Leading cement manufacturer to expand production capacity by 14 mn tonnes

Ambuja Cements Ltd., owned by the Adani Group, announced that it would increase its capacity to produce blended cement by 14 million metric tonnes as part of a previously announced five-year strategy to…

Leading infra company to increase container capacity at New Mangalore Port Trust

JSW Infrastructure will spend Rs 152 crore to increase its container capacity at New Mangalore Port Trust. The firm opened its first container terminal in June 2022 at the New Mangalore Port Trust…

New manufacturing unit to produce compressors established at Kallapalayam near Coimbatore

A manufacturing facility has been established by ELGI Sauer Compressors Ltd, a joint venture between Elgi Equipments Ltd and the Sauer Compressors Group, a company based in Germany, at a cost of roughly…

Study underway to setup Asia’s largest train wheel production unit

  One of Asia’s largest train wheel production operations is now being set up through a partnership between Titagarh Waggons and Ramkrishna Forgings, an official said. Ramkrishna Titagarh Rail Wheels Limited, a special…

200 MW solar project to be established in Rajasthan’s Bikaner

To establish a 200 MW solar project in Bikaner, Rajasthan, TP Saurya and Tata Power Trading Company Ltd (TPTCL) have inked a power purchase agreement. A division of Tata Power, TP Saurya Ltd….

Well-known healthcare company to build dedicated orthopaedic facilities in Tier II cities

Aakash Healthcare Managing Director Aashish Chaudhry said that the company intends to build dedicated orthopaedic facilities in Tier II cities across the nation over the following three years with an investment of about…

Telangana to get a plastic recycling andhusk pallet manufacturing facility

The Incredible Husk International Group has expressed interest in establishing its plastic recycling and husk pallet manufacturing facility in Telangana with a US$25 million investment. In order to negotiate the installation of their…

Uttar Pradesh to get its first Pharma Park in Lalitpur district

The first Pharma Park in Uttar Pradesh would be built in the Bundelkhand region’s Lalitpur district, according to the state’s government. The Industrial Development Department will need to receive 1500 hectares of land…

Top tractor manufacturer plans to invest Rs 350 crore in fiscal year 2023-24

While finalising its plans to establish a greenfield facility, tractor manufacturer Escorts Kubota is planning a “normal capex” of roughly 350 crore for the new fiscal year 2023–2024. Top Escorts Kubota officials claim…