CapEx News - Jan 2024

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Uttar Pradesh commits Rs 8,000 crore in 1,400-acre bulk drug park
Manufacturing - Jan 18,2024
The Uttar Pradesh government is investing around Rs 8,000 crore in a proposed bulk drug park in Lalitpur district, covering 1,472 acres. Managed by UPSIDA, the park aims to establish UP as a prominent .

IndoSpace inks Rs 2,000 crore MoU with Tamil Nadu
Infrastructure - Jan 18,2024
IndoSpace has signed an MoU with the Tamil Nadu government, committing an investment of over Rs 2,000 crore. This initiative aims to support industrial needs and generate employment opportunities for .

Godrej’s new TN facility will be first multi-category unit, says CEO
Manufacturing - Jan 18,2024
Godrej Consumer Products will establish its first multi-product facility in Tamil Nadu, manufacturing various categories including soaps, deodorants, and hair colors. The decision aligns with rising d .

Web Werks commissions Rs 20,000 crore data centre park in Bengaluru
Infrastructure - Jan 18,2024
Web Werks India has signed an MoU with the Karnataka government at the World Economic Forum Annual Meeting in Davos to invest Rs 20,000 crore in setting up a data centre park in Bengaluru. The Karnata .

Karnataka signs Rs 22,000 crore worth deals in Davos
Infrastructure - Jan 18,2024
Karnataka has signed MOUs worth Rs 22,000 crore with global industry leaders, including Microsoft and Web Werks, at the World Economic Forum 2024. These partnerships aim to drive technological advance .

South Asia's largest ammunition plant set to open in Kanpur
Infrastructure - Jan 18,2024
The Adani Group is set to inaugurate South Asia's largest ammunition plant in Kanpur, Uttar Pradesh, next month. The plant, sprawling over 250 acres, will initially focus on small arms ammunition .

Bhansali Engineering Polymers executes contract with Toyo Engineering India
Manufacturing - Jan 18,2024
Bhansali Engineering Polymers Limited has entered into a contract with Toyo Engineering India Private Limited for the Front End Engineering Design (FEED) and CAPEX Cost Estimation for a Brown Field AB .

Cochin Shipyard inaugurates new Dry Dock and International Ship Repair Facility
Infrastructure - Jan 18,2024
Cochin Shipyard has inaugurated a new dry dock and international ship repair facility (ISRF) in Kochi, India. The dry dock, costing Rs 1,799 crore, is equipped to handle strategic assets like future a .