CapEx News - Aug 2023

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LAM Research to invest under local manufacturing sops
Manufacturing - Aug 21,2023
LAM Research, a global semiconductor manufacturing equipment company, has applied for incentives under India's Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (S .

Carborundum teams up with ideaForge to develop nanomaterial reinforced products
Infrastructure - Aug 21,2023
Drone manufacturer IdeaForge Technology and Carborundum Universal Ltd are collaborating to enhance drones' strength and durability through advanced nanomaterial-reinforced composite parts. The na .

Schwing Stetter urges TN govt to fast-track land allotment for its expansion
Infrastructure - Aug 21,2023
Schwing Stetter India (SSI), a subsidiary of a German concrete machinery producer, has urged the Tamil Nadu government to expedite land allocation for its 400 crore expansion in Cheyyar. Concerns over .

Numaligarh Refinery to invest more than Rs 35,000 in next five years
Petroleum - Aug 21,2023
Over the next five years, Numaligarh Refinery Limited (NRL) plans to invest over Rs 35,000 crore in significant projects including refinery expansion, pipelines, ethanol production, and a polypropylen .

Gautam Adani all set to go solo on hydrogen mega-project
Power Generation - Aug 21,2023
Gautam Adani has committed to significant independent investments in India's green hydrogen development following TotalEnergies SE's decision to delay partnership plans. Originally, Total wa .

RCF secures environmental clearance for fertiliser plant
Chemicals - Aug 21,2023
Rashtriya Chemicals and Fertilisers (RCF) has gained environmental clearance for a nano-urea fertilizer facility in Mumbai. The production capacity within RCF's Trombay unit will be 27,375 KL ann .

Uno Minda gets two new plants for manufacturing of EV components and systems
Automotive Industries - Aug 18,2023
Uno Minda Ltd, in collaboration with FRIWO AG Germany, has established a new EV systems plant in Farukhnagar, Haryana. The plant will manufacture various components for electric 2-wheelers and 3-wheel .

Aircraft maintenance facility to be established at Jewar Airport
Infrastructure - Aug 18,2023
Construction is underway for an airplane maintenance facility as part of the future Jewar International Airport in Greater Noida. Companies can express interest next week, announced Noida Internationa .