CapEx News - Aug 2024

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Jindal Stainless receives qualified vendor accreditation from BrahMos Aerospace
Manufacturing - Aug 13,2024
Jindal Stainless has been accredited by BrahMos Aerospace as a qualified vendor for steel sheets and plates from its Hisar plant. This approval follows a rigorous quality audit and highlights Jindal S .

Berger paints to invest Rs 2,000 crore in Bengal, Odisha
Manufacturing - Aug 13,2024
Berger Paints will invest Rs 2,000 crore to set up two greenfield manufacturing plants in eastern India, boosting its capacity by 25-30%. The Panagarh plant in Bengal, costing Rs 600 crore, is expecte .

Rajasthan govt plan to construct five expressways by 2030
Infrastructure - Aug 13,2024
The Rajasthan government plans to construct nine expressways, starting with five by 2030 and the remaining four later. The Public Works Department (PWD) will soon float tenders for Detailed Project Re .

Amara Raja lays foundation stone for cell manufacturing in Telangana
Manufacturing - Aug 13,2024
Amara Raja Energy & Mobility has launched a new battery pack plant and laid the foundation for a Customer Qualification Plant (CQP) at the Gigacorridor in Mahbubnagar. The Gigacorridor, covering 260 a .

Havells India to be allotted 50 acres for setting up electronic goods manufacturing unit
Manufacturing - Aug 12,2024
Havells India will be allotted 50 acres in Sector 10, along the Yamuna Expressway, to establish an electronic goods manufacturing unit as the anchor company for a new Electronic Manufacturing Cluster .

India achieves milestone with completion of 32 projects under PLI scheme
Chemicals - Aug 12,2024
The Ministry of Chemicals and Fertilizers announced the completion of 32 projects under the PLI Scheme, enhancing domestic production of Key Starting Materials, Drug Intermediates, and APIs with a 56, .

PM-led Cabinet approves 8 new railway projects worth Rs 24,657 crore
Automotive Industries - Aug 12,2024
The Cabinet Committee on Economic Affairs, led by Prime Minister Modi, approved eight new railway projects worth ₹24,657 crore across 14 districts in seven states. These projects aim to enhance conn .

Madhya Pradesh poised to become an AI Hub with Google Cloud and NVIDIA
Automotive Industries - Aug 12,2024
Google Cloud plans to establish a startup hub and centre of excellence in Madhya Pradesh. During an Invest Madhya Pradesh session, NVIDIA proposed making the state the “Intelligence Capital of India .