CapEx News - Jan 2024

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Mahindra Holidays & Resorts India to invest Rs 800 crore in Tamil Nadu
Infrastructure - Jan 19,2024
Mahindra Holidays & Resorts India Ltd (MHRIL) is set to invest Rs 800 crore in Tamil Nadu for the construction of three greenfield resorts over the next five to six years. The company has signed an MO .

Anand Group to invest Rs 987 crore in Tamil Nadu
Manufacturing - Jan 19,2024
Auto component manufacturer Anand Group has pledged a Rs. 987 crore investment in Tamil Nadu as part of the Global Investors Meet 2024. An MoU was signed with the state government to enhance manufactu .

Airbus signs pact with Tata Advanced Systems, Mahindra Aerospace Structures
Infrastructure - Jan 19,2024
Airbus has signed contracts with Tata Advanced Systems Limited (TASL) and Mahindra Aerospace Structures Private Limited (MASPL) for the procurement of commercial aircraft components. The collaboration .

Central government clears 11 project proposals related to technical textiles
Textiles - Jan 19,2024
The Central government, led by Union Minister Piyush Goyal, has approved 11 project proposals in the field of technical textiles, with a total value of nearly Rs 103 crore. The projects, part of the N .

Encore-Alcom to establish Rs 60 crore manufacturing plant in Surat
Manufacturing - Jan 19,2024
Encore-Alcom, an aluminum doors and windows manufacturer, is investing Rs 60 crore to establish a cutting-edge manufacturing unit in Surat, Gujarat. The 1.8 lakh square feet facility, set to be operat .

Aragen Life Sciences to invest Rs 2,000 crore for expansion of Mallapur facility in Hyderabad
Manufacturing - Jan 19,2024
Aragen Life Sciences, a major drug manufacturing company, is set to invest Rs 2,000 crore in the expansion of its Mallapur facility in Hyderabad, Telangana. This expansion, focused on drug discovery a .

JSW to invest Rs 9,000 crore for establishing 1500 MW pumped storage project in Telangana
Infrastructure - Jan 19,2024
JSW Neo Energy plans to establish a pumped storage project in Telangana, boasting a 1,500 MW generation capacity and an investment of Rs 9,000 crore. The Memorandum of Understanding (MoU) between the .

Coal India's venture into power generation gets Cabinet approval
Mining - Jan 19,2024
The Union Cabinet Committee of Economic Affairs (CCEA) has approved the establishment of two thermal power generation units by Coal India Ltd (CIL) at an investment of Rs 22,000 crore. These pithead u .