CapEx News - Apr 2024

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Project News & Updates - Apr 2024


India set to become exporter of forged wheels used in railways: Ashwini Vaishnaw
Automotive Industries  -  Apr 04,2024
India, previously an importer of forged railway wheels, is poised to export them after 60-70 years, according to Union Railways Minister Ashwini Vaishnaw. The railways, in a joint venture with Ramakri .


Epigral commissions 45,000 TPA capacity of CPVC resin plant at Dahej
Automotive Industries  -  Apr 04,2024
Epigral has expanded its CPVC resin plant in Gujarat's Dahej facility, adding 45,000 TPA capacity, totaling 75,000 TPA, making it the world's largest CPVC resin facility. It's also vent .


PepsiCo India to invest Rs 1,266 crore in Madhya Pradesh
Automotive Industries  -  Apr 04,2024
PepsiCo India plans a Rs 1,266 crore investment for a flavour manufacturing unit in Ujjain, Madhya Pradesh. Construction begins in 2024, aiming for full operation by Q1 2026. The facility will boost b .


KFIL launches pulverised coal injection for Pig Iron Plant in Koppal, Karnataka
Automotive Industries  -  Apr 04,2024
Kirloskar Ferrous Industries Ltd (KFIL) has commissioned its state-of-the-art Pulverised Coal Injection (PCI) Plant in Karnataka's Koppal district. R V Gumaste, Managing Director, emphasizes its .


JDVVNL invites bids to install grid-connected solar power plants in Pali Circle, Rajasthan
Automotive Industries  -  Apr 04,2024
Jodhpur Vidyut Vitran Nigam (JDVVNL) seeks bids from solar power generators (SPGs) for grid-connected solar power plants in subdivisions of Pali division, Rajasthan. SPGs will handle supply, installat .


Tesla to scout locations for $2-3 billion electric car plant in India
Automotive Industries  -  Apr 04,2024
Tesla Motors is scouting potential sites in India this month for an electric car manufacturing plant, anticipated to cost $2 billion to $3 billion. The move follows New Delhi's reduced tariffs on .


Hilton announces launch of Conard Jaipur
Automotive Industries  -  Apr 04,2024
Hilton announces the launch of Conrad Hotels & Resorts in Jaipur, Rajasthan, in collaboration with SunnyRaj Properties, set to open in 2027. The 246-room Conrad Jaipur, situated in the Mansarovar area .


IndiGrid operationalises its first greenfield transmission project in Maharashtra
Infrastructure  -  Apr 03,2024
IndiGrid, an infrastructure investment trust, operationalized its inaugural greenfield transmission project, Kallam Transmission, in Maharashtra. Secured through tariff-based competitive bidding, the .


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