CapEx News - Jan 2024

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Ratna Cements inaugurates upgraded Mudhol cement plant
Infrastructure - Jan 11,2024
Ratna Cements has successfully commissioned its Mudhol cement plant in Karnataka following modernization efforts. The upgraded plant now boasts an integrated capacity of 365,000 tons per year and addi .

Suzuki to invest USD 4 billion for second car plant in Gujarat
Infrastructure - Jan 11,2024
Maruti Suzuki plans to invest $4.2 billion in building a second car plant in Gujarat and adding a new production line at an existing facility. This move will increase the annual production capacity in .

DP World, Gujarat govt ink MoUs for Rs. 25,000 crore investment
Infrastructure - Jan 11,2024
DP World has signed multiple MoUs with the Gujarat government for investments of up to Rs 25,000 crore, focusing on the development of new ports, terminals, and economic zones. The agreements were exc .

APM Terminals Pipavav signs MoUs with GMB and Welspun
Infrastructure - Jan 11,2024
APM Terminals Pipavav has signed two Memorandums of Understandings (MOUs) at the Vibrant Gujarat Summit. The agreements focus on developing a complete green hydrogen ecosystem and enhancing port infra .

Meril Group signs MoU at Vibrant Gujarat summit to invest Rs 910 crore for capacity expansion
Hospitality and Healthcare - Jan 11,2024
Vapi-based medical device company Meril Group will invest Rs 910 crore in Gujarat, signing an MoU during the Vibrant Gujarat Global Summit 2024. The investment will support the expansion of orthopedic .

Yotta to establish AI data centre in GIFT City Gujarat
Infrastructure - Jan 11,2024
Nvidia's partner, Yotta, is poised to launch an artificial intelligence data center in GIFT City by the end of March, according to Shankar Trivedi, Senior Vice President at Nvidia Global Field Op .

Giga complex at Jamnagar to be commissioned in second half of 2024, says Mukesh Ambani
Manufacturing - Jan 11,2024
Reliance Industries, led by Mukesh Ambani, plans to commission the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar by the second half of 2024. The 5,000-acre facility aims to generate green job .

Hikal Ltd signs MoU with Gujarat govt for Rs. 500 crore investment
Infrastructure - Jan 11,2024
Hikal Ltd has signed an MoU with the Gujarat Government during the Vibrant Gujarat Global Summit 2024, encompassing investments in pharmaceuticals, crop protection, and animal health. This strategic m .