CapEx News - Feb 2024

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Project News & Updates - Feb 2024


Airbus A220 aircraft doors to be manufactured in Bengaluru under ‘Make in India’
Manufacturing  -  Feb 09,2024
Airbus partners with Bengaluru-based Dynamatic Technologies to manufacture A220 family aircraft doors, advancing India's 'Make In India' initiative. Union Civil Aviation Minister Jyotir .


Alstom starts production of trainsets for Chennai Metro Phase-II
Manufacturing  -  Feb 09,2024
Alstom initiates production of driverless Metropolis trainsets for Chennai Metro Rail's Phase-II at SriCity. The project involves delivering 36 trainsets, each with three cars capable of reaching .


Ramco Cements unveils Rs 1403 Crore Capacity Expansion Plan for AP and TN facilities
Manufacturing  -  Feb 09,2024
The Ramco Cements Ltd aims to double capacity at its Kalavatala plant in Andhra Pradesh with a Rs 1250 crore investment. Additionally, it plans a waste heat recovery system (WHRS) at its Ramasamy Raja .


Indian Hotels plans to develop 300-room Ginger hotel in Goa
Infrastructure  -  Feb 09,2024
Indian Hotels Company (IHCL) signs a 60-year sub-license agreement with GMR Goa International Airport (GGIAL) to develop a Ginger hotel at the new Manohar International Airport in Goa, scheduled to op .


Escorts Kubota’s greenfield plant to be established in Rajasthan
Infrastructure  -  Feb 09,2024
Escorts Kubota is establishing the world's largest Kubota facility, a greenfield plant in Ghiloth, Rajasthan, with an initial investment of Rs 400 crore. The plant will double capacity, manufactu .


Gujarat Fluorochemicals arm commits Rs 6, 000 crore investment for EV and ESS battery solutions
Manufacturing  -  Feb 08,2024
GFCL EV, a subsidiary of GFL, plans to invest Rs 6000 crore in EV and ESS battery solutions over 4-5 years. Targeting markets in the US, Europe, and India, it leverages the IRA Act, China plus One str .


AMANN India commences operations at its new facility in Ranipet
Manufacturing  -  Feb 08,2024
AMANN inaugurates its first Indian production site in Ranipet, Tamil Nadu, signaling global expansion. Spanning 32,000 sqm, the facility focuses on premium sewing threads, employing 200 workers. Empha .


SJVN receives LoI for solar project worth over Rs 1,100 crore
Power Generation  -  Feb 08,2024
SJVN, awarded a LoI by GUVNL, plans a 200 MW solar project worth Rs 1,100 crore in GUVNL Phase-XXII. SJVN Green Energy (SGEL) will execute the ground-mounted project nationwide under an EPC contract. .


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