CapEx News

Mahindra & Mahindra to deploy ABB's technology for EV paint facility

Automotive Industries Jul 05,2024

Mahindra & Mahindra (M&M) has chosen ABB's PixelPaint technology for its upcoming electric vehicle (EV) paint facility, marking a first in India's automotive sector. This innovative technolo

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Shakti Hormann commissions door manufacturing facility in Jaipur

Manufacturing Apr 18,2024

Shakti Hormann inaugurates a 2.50 lakh sq. ft. manufacturing facility in Jaipur's Mahindra World City. The Rs 175 crore investment enables production of 1.50 lakh engineered wooden doors. Phase o

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Mahindra Group Commits Rs 1,200 crore towards renewable energy project development

Power Generation Apr 17,2024

Mahindra Group plans a 150-MW hybrid renewable energy project valued at Rs 1,200 crore, led by Mahindra Susten. It integrates wind and solar power, with the Ontario Teachers’ Pension Plan Board as

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Mahindra Aerostructures signs $100 million contract with Airbus Atlantic

Manufacturing Apr 02,2024

Mahindra Aerostructures secured a $100 million contract with Airbus Atlantic to manufacture metallic components for Airbus commercial aircraft. Over several years, it will supply 2,300 varieties of co

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Mahindra Holidays to invest Rs 4,500 crore to double room capacity

Hospitality and Healthcare Feb 27,2024

Mahindra Holidays & Resorts India plans to invest Rs 4,500 crore to double room capacity to 10,000 by FY30. Expansion includes new resorts, PPPs, and tie-ups with state governments. Investments in Utt

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Airbus signs pact with Tata Advanced Systems, Mahindra Aerospace Structures

Manufacturing Jan 19,2024

Airbus has signed contracts with Tata Advanced Systems Limited (TASL) and Mahindra Aerospace Structures Private Limited (MASPL) for the procurement of commercial aircraft components. The collaboration

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Mahindra Holidays & Resorts India to invest Rs 800 crore in Tamil Nadu

Hospitality and Healthcare Jan 19,2024

Mahindra Holidays & Resorts India Ltd (MHRIL) is set to invest Rs 800 crore in Tamil Nadu for the construction of three greenfield resorts over the next five to six years. The company has signed an MO

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Suzlon announces new project of 100.8 MW from Mahindra Susten

Infrastructure Dec 28,2023

Suzlon Group has secured an order from Mahindra Susten Private Limited for a 100.8 MW wind power project in Maharashtra. The project will feature 48 units of Suzlon's S120 - 140m wind turbine gen

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