CapEx News - Aug 2024

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Project News & Updates - Aug 2024


Brookfield plans to invest over Rs 50,000 crore in renewable energy sector in AP
Infrastructure  -  Aug 21,2024
Brookfield plans to invest over Rs 50,000 crore in Andhra Pradesh over the next three to five years, focusing on wind and solar energy. The proposal, discussed with Chief Minister N Chandrababu Naidu .


Fortune Hotels expands its footprint in Uttar Pradesh
Infrastructure  -  Aug 20,2024
Fortune Hotels will launch Fortune Park Gorakhpur, an upscale 74-room hotel in the city center by October 2026. Close to key locations, it features multiple F&B outlets and modern event spaces. This m .


Taiwan's Bestec plans Rs 200-crore investment in new facility in Karnataka
Manufacturing  -  Aug 20,2024
Taiwan's Bestec Group plans to invest Rs 200 crore in a new manufacturing facility near Bengaluru, Karnataka, creating 5,000 jobs over three years. The project, announced by State Industries Mini .


Welspun One buys 22 acres near Gurugram for Rs 125-crore logistics facility
Infrastructure  -  Aug 20,2024
Welspun One has acquired a 22-acre land parcel near Gurugram's NH-8 corridor, investing Rs 125 crore to develop a logistics hub and create 1,500 jobs. Facilitated by JLL, the acquisition expands .


Atmosphere Core expands into Maharashtra with two new luxury properties in Nagpur
Manufacturing  -  Aug 20,2024
Atmosphere Core has partnered with N Kumar Group Nagpur to develop a luxury golf resort, 'Eden Greenz By Atmosphere Nagpur,' opening in Q1 2025, and a city-center hotel by Q3 2025. The resor .


Karnataka govt's Single Window Clearance panel approves 20 projects
Infrastructure  -  Aug 20,2024
The 147th Karnataka State-Level Single Window Clearance Committee approved 20 projects worth Rs 2,280.52 crore, creating 3,457 jobs. Key investments include Toyotetsu India Auto Parts' Rs 450 cro .


Union Cabinet gives nod to airport projects in West Bengal and Bihar
Infrastructure  -  Aug 20,2024
The Union Cabinet approved a Rs 1,413 crore project for a new airport at Bihta, near Patna, to alleviate capacity issues at the existing airport. The new terminal will handle 3,000 passengers per hour .


Kaynes Technology acquires land in Gujarat for Rs 5,000 crore semiconductor project
Manufacturing  -  Aug 20,2024
Kaynes Technology is investing Rs 5,000 crore to establish a semiconductor assembly and test unit in Sanand, Gujarat, shifting from its earlier plan in Telangana. The Gujarat facility will focus on ad .


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