CapEx News - Apr 2024

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India Glycols to commission Phase II of expansion project by Q2 FY25
Automotive Industries - Apr 05,2024
India Glycols Limited announced updates on enhancing the Grain Based Distillery's capacity and expanding facilities for new chemical products at Kashipur, Uttarakhand. The second phase expansion .

GE Aerospace to invest Rs 240 crore to expand facility in Maharashtra
Automotive Industries - Apr 05,2024
GE Aerospace plans to invest Rs 240 crore in upgrading its Pune facility, Maharashtra. The investment aims to enhance manufacturing processes, acquire new equipment, and increase capacity. This move s .

Tanvi Foods India Ltd commissions new manufacturing unit at Seetharampuram, Andhra Pradesh
Automotive Industries - Apr 05,2024
Tanvi Foods India Ltd's new manufacturing unit in Seetharampuram, Andhra Pradesh, has begun commercial operations, adhering to global standards for food quality and safety. The facility, the larg .

UltraTech Cement completes 100MW solar energy project in Rajasthan
Automotive Industries - Apr 05,2024
UltraTech Cement Ltd completes a 100 MW solar energy project in Rajasthan, its first under the Group Captive Scheme. Power will serve units across multiple states. With 612 MW renewable power and 278 .

ROHL inks deal to open an upscale hotel with 300 rooms in Mumbai
Automotive Industries - Apr 05,2024
Royal Orchid Hotels Ltd, known for its Royal Orchid and Regenta Inn brands, has signed an agreement for a 300-room five-star hotel near Mumbai airport's terminal 2, expected to open by late 2024. .

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Automotive Industries - Apr 04,2024
Vedanta Aluminium has increased its alumina refining capacity to 3.5 million tonnes annually at its Lanjigarh unit in Odisha from 2 million tonnes. It plans to reach 5 million tonnes and boost alumini .

Ramkrishna Forgings commences commercial production of 13,750 MT pf maxi press 6,000 tonnes press line
Automotive Industries - Apr 04,2024
Ramkrishna Forgings has begun commercial production of ENOMOTO 630 Tonnes Press Line and Maxi Press 6,000 Tonnes Press Line, enhancing its capacity by 18,250 TPA. The new lines, located at Plot No. 19 .

UFlex begins production of poly-condensed polyester chips in Panipat
Automotive Industries - Apr 04,2024
UFlex has initiated commercial production of poly-condensed polyester chips in Panipat, India, and inaugurated a 6.5-meter-wide Cast Polypropylene (CPP) Film Line in Russia through its subsidiary. Cha .