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Lotte to invest Rs 550 crore to increase ice cream business in India
Food Processing - Oct 25,2023
South Korean food company, Lotte Confectionary, is expanding its presence in the Indian ice cream industry. It acquired Havmor Ice Cream Ltd for Rs 1,020 crore and is investing Rs 550 crore over five .

DP World inks MoUs with Cochin Port for capacity expansion
Infrastructure - Oct 25,2023
DP World and Cochin Port Authority signed two MoUs for capacity expansion. DP World will establish Phase I of a Free Trade Warehousing Zone (FTWZ) and upgrade cargo handling facilities at the Internat .

Foundation stone laid for coffee processing unit in Donwuru village
Food Processing - Oct 24,2023
Deputy Chief Minister Peedika Rajanna Dora laid the foundation for a Rs 3-crore coffee processing unit at Downuru village, marking the first public sector coffee processing facility in the nation. The .

Punjab CM lays foundation stone for Tata Steel plant in Ludhiana
Infrastructure - Oct 24,2023
Punjab CM Bhagwant Singh Mann lauded Tata's investment at the Ludhiana Green Steel Plant, emphasizing its role in boosting the state's industrial progress. The significant investment by Tata .

Space manufacturing cluster to come up at Gujarat's Sanand
Manufacturing - Oct 20,2023
The Gujarat government has partnered with IN-SPACe to establish a Space manufacturing cluster in Sanand. IN-SPACe, based in Bopal, will support manufacturing units related to space technology. Additio .

Kamarajar Port inks MoUs valued at Rs 1,920 crore
Petroleum - Oct 20,2023
Kamarajar Port Ltd inked 24 MoUs during the 3rd Global Maritime India Summit 2023 in Mumbai. The event facilitated partnerships with various entities, including Indian Oil Corporation Ltd, Ennore Tank .

Lemon Tree Hotels announces new property in Vadodara, Gujarat
Infrastructure - Oct 20,2023
Lemon Tree Hotels will debut Keys Select in Vadodara, Gujarat, in 2026, showcasing 45 rooms and various amenities. Vadodara, a vibrant city renowned for its heritage and cultural attractions, attrac .

Coromandel inaugurates new sulphuric acid plant at Vizag
Industrial Productx - Oct 19,2023
Coromandel International Limited enhanced its self-sufficiency by launching a third sulphuric acid unit in Visakhapatnam. This new unit, costing Rs 400 crore, will increase the company's capacity .