Ceat to invest in off-highway tyres: AnantGoenka

Ceat is planning to invest in the off-highway tyres segment.  Ceat MD, AnantGoenka feels that Agricultural activity gets less impacted compared to industrial activity even during a recession. “We are the only tyre…

Rama Steel Tubes signs MOU with UP government for new unit

Rama Steel Tubes has signed a Memorandum of Understanding (MOU) with the Government of Uttar Pradesh for the establishment of a Steel Processing Unit, including MS Pipes, STP Poles, GI Pipes, CR Coils,…

Linde commences construction of its new air separation plant at Ludhiana

In Ludhiana, Punjab, Linde India Ltd. officially started work on the mechanical construction of its planned Air Separation unit. In addition to delegates from InvestPunjab, important industrial and healthcare customers, Moloy Banerjee, Head…

ShyamMetalics implements 1.2 MT of pellet capacity 8 months ahead of schedule

With a concentration on long steel products and ferro alloys, ShyamMetalics and Energy Limited (SMEL), a prominent integrated metal producing firm with headquarters in India, has begun the new year on a promising…

L&T & J Kumar Infraprojects submits technical bids for Nariman Point–Cuffe Parade Bridge

The civil construction of a new bridge between Nariman Point and Cuffe Parade was the subject of proposals from Larsen and Toubro and J Kumar Infraprojects after the Mumbai Metropolitan Region Development Authority…

Adani Group to invest Rs 60,000 crore in Madhya Pradesh

The Adani Group will spend more than Rs 60,000 crore in a number of Madhya Pradesh industries, resulting in the creation of thousands of new employment. At the seventh Madhya Pradesh Global Investors…

India to seek bids to set up green hydrogen plants by May: Sources

India would by May request bids for subsidies for the establishment of green-hydrogen manufacturing and utilisation centres, fertiliser and steel facilities based on the fuel, and factories for making electrolysers, according to sources….

India and Panama to explore green Hydrogen collaboration’

JanainaTewaneyMencomo, the foreign minister of Panama, said India and Panama are in discussions to see whether they can work together on developing sustainable technology like green hydrogen. The foreign minister of Panama told…

L&T bags Mumbai’s Nariman Point – Cuffee Parade Bridge Contract

The Mumbai Metropolitan Region Development Authority selected Larsen & Toubro as the lowest bidder to build a new bridge between Nariman Point and Cuffe Parade (close to Colaba) (MMRDA) As mentioned earlier this…

Chennai Corporation floats tender to relay 1,200 roads at a cost of Rs 170 crore

The Greater Chennai Corporation has released tenders for the estimated $170 crore project of repaving 1,200 city streets. The completion of the tendering procedure might lead to the start of work within a…

JSW Paints lines up Rs 750 crore capex for new plant

JSW Paints, a division of the JSW Group, plans to invest 750–1,000 crore over the next two to three years in order to increase production capacity by 2,000 kilo litres annually. According to…

Rail Vikas Nigam to construct 10-km elevated viaduct for Chennai Metro Rail

Rail Vikas Nigam Ltd (RVNL) has bagged a Rs 1,134-crore order for a Chennai Metro Rail project. “Rail Vikas Nigam Limited (RVNL) has received a letter of approval (LoA) on January 10, 2023…

Kerala govt holds talks with Tonino Lamborghini to establish an automobile plant

The Kerala government has discussed the potential of establishing a vehicle manufacturing facility in the southern state with Italian business tycoon Tonino Lamborghini. On January 7, Tonino Lamborghini, the son of Ferruccio Lamborghini,…

MG Motor India to invest $100 million to expand capacity

MG Motor is planning to increase capacity from 1.2 lakh to 1.4-1.5 lakh units this year through a debottlenecking exercise, which will fulfil its requirements for the next few years, says Rajeev Chaba,…

Tata Power Renewables Ltd to establish 3 MW solar plant in Maharashtra

Tata Power Renewables Limited (TPREL) announced plans to build a 3.125 MW solar project in Maharashtra’s Himayatnagar. The facility is anticipated to produce 6.15 metric tonnes less CO2 and produce around 7.5 million…

Uttam Sugar Mill’s board approves investment of 100 crore

Uttam Sugar Mills‘ board approved the expansion plan at an estimated investment of Rs 100 crore. As part of the expansion plan, the company’s board at its meeting on January 10 approved the…