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Latest News - September 1, 2024


H.G. Infra Engineering successfully bids for Rs 781 crore road project in Gujarat
Infrastructure   -   Aug 23,2024
H.G. Infra Engineering has been declared the L1 bidder by MoRTH for the upgradation of a 10.63 km section of NH 47 in Gujarat, including an elevated corridor, on Hybrid Annuity Mode. The project cost ...


Dabur signs MoU with Tamil Nadu govt to invest Rs 400 crore
Infrastructure   -   Aug 23,2024
Dabur India will invest Rs 400 crore to establish its first southern manufacturing plant in Tamil Nadu's SIPCOT Food Park. The project, spanning five years, starts with Rs 135 crore in Phase I an...


Suchi Semicon to invest $100 million to set up Gujarat’s first semiconductor OSAT plant
Manufacturing   -   Aug 23,2024
Surat-based Suchi Semicon plans to invest over $100 million to establish Gujarat’s first Semiconductor Assembly and Testing (OSAT) plant by November 2024. Spanning 30,000 square feet, the facility w...


Grasim's six paint plants to be operational by end of FY25
Infrastructure   -   Aug 23,2024
Grasim Industries plans to have all six new paint plants operational by the end of the financial year, having invested Rs 7,000 crore in the sector. With a goal of Rs 10,000 crore in revenue, the comp...


Welspun One buys 22 acres near Gurugram for Rs 125-crore logistics
Infrastructure   -   Aug 22,2024
Welspun One has acquired a 22-acre land parcel near Gurugram along the NH-8 corridor, facilitated by JLL. The company plans to invest Rs 125 crore to develop a logistics park, creating 1,500 jobs. Thi...


Fortune Hotels opens new upscale property in Gorakhpur
Infrastructure   -   Aug 22,2024
Fortune Hotels, part of ITC’s group, is expanding in Uttar Pradesh with a new upscale property, Fortune Park Gorakhpur, set to open in October 2026. This will be the brand’s seventh alliance in th...


Tamil Nadu CM lays foundation stone for Sembcorp's green ammonia plant
Infrastructure   -   Aug 22,2024
Tamil Nadu Chief Minister MK Stalin inaugurated 19 industrial projects and laid the foundation for 28 more, totaling investments of Rs 68,773 crore. The largest project is a Rs 36,238 crore green ammo...


JSW Cement plans to double capacity, acquire assets through IBC route
Infrastructure   -   Aug 22,2024
JSW Cement, led by Sajjan Jindal, aims to double its cement capacity, according to its IPO draft red herring prospectus (DRHP). The company plans to increase its grinding capacity to 40.85 MTPA and cl...





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