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itc News & Updates - July 3, 2024


PITCMRL welcomes Pune Metro Line 3's first 'Made in India' train
Infrastructure   -  Jun 05,2024
The Pune IT City Metro Rail Ltd (PITCMRL) unveils the first 'Make in India' train for Metro Line 3, crafted by Alstom. The project, a PPP venture with Tata Group, aims to enhance urban mobil .


L&T Switchgear rebrands to Lauritz Knudsen
Manufacturing   -  May 30,2024
L&T Switchgear rebrands as Lauritz Knudsen after Schneider Electric acquisition in 2020. The company plans to invest Rs 850 crore by 2026 in manufacturing, R&D, and innovation. Peter Herweck, CEO of S .


ITC Hotels inks management pact with Narne Hotels and Resorts for new property
Automotive Industries   -  Mar 12,2024
ITC Hotels has partnered with Narne Hotels and Resorts to launch a 150-key Welcomhotel property in Madikeri, Coorg. Anil Chadha, ITC Hotels Divisional Chief Executive, highlighted Madikeri's grow .


ITC Hotels brand Storii to build presence in Kolkata
Infrastructure   -  Oct 10,2023
ITc Hotels has announced its first 'Storii' property in Kolkata, West Bengal, set to open in early 2024. This boutique resort, with 30 keys, expands ITC's presence in the city, offering .


SIG group to set up its carton plat in Ahmedabad, Gujarat
Food Processing   -  Sep 29,2023
Switzerland's SIG Group, a packaging solutions provider for companies like Pepsi and Coca-Cola, is investing €100 million in its first aseptic carton plant in Ahmedabad, Gujarat. The facility w .


ITC Hotels inks agreement for Welcomhotel Kalimpong
Building Materials   -  Sep 25,2023
ITC Hotels has signed a management agreement with Pravez Constructions Private Ltd for the Welcomhotel Kalimpong resort in West Bengal. The project, spanning four acres, will offer 70 luxury accommoda .


ITC to invest Rs 1,500 crore to set up food manufacturing and packaging plants in MP
Food Processing   -  Sep 04,2023
ITC, an Indian conglomerate, is set to invest Rs 1,500 crore in Madhya Pradesh, establishing an integrated food production and logistics complex and a sustainable packaging products manufacturing plan .


Top FMCG firms plan to invest Rs 17,200 crore for expansion of operations in India
Food Processing   -  Jul 25,2023
Top consumer goods companies in India, including Nestle, Mondelez, ITC, HUL, Britannia, Tata Consumer, and P&G, plan to invest a total of Rs 17,200 crore as they aim to expand operations in the countr .