CapEx News - Jan 2024

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Hyundai to invest Rs 6,180 crore on various initiatives in Tamil Nadu
Manufacturing - Jan 08,2024
Hyundai Motor India is set to invest Rs 6,180 crore in Tamil Nadu, with initiatives including establishing a hydrogen resource centre. The Memorandum of Understanding (MoU) was signed during the Tamil .

Godrej Industries inks non-binding MoU with Gujarat government
Chemicals - Jan 08,2024
Godrej Industries has signed a non-binding MoU with the Gujarat government, outlining a potential investment of Rs 600 crore for a substantial expansion project in Valia over the next four years. The .

JSW secures 2667.80 acres of forest land in Odisha
Metallurgical Industries - Jan 08,2024
JSW Utkal Steel Ltd has secured possession of 2677.80 acres of forest land in Rajnagar, Odisha, for establishing a greenfield Integrated Steel Plant. The total land required for the project is 2950.31 .

Tata Power to invest Rs 70,000 crore in Tamil Nadu
Power Generation - Jan 08,2024
Tata Power Company is set to invest Rs 70,000 crore over five to seven years in a massive 10 GW solar and wind project in Tamil Nadu. This significant investment, if realized, would mark the largest s .

Suzlon secures 225 MW wind energy project from Everrenew Energy
Manufacturing - Jan 08,2024
Suzlon Group has secured a 225 MW wind energy order from Everrenew Energy. The project involves installing 75 wind turbine generators with a rated capacity of 3 MW each at sites in Tamil Nadu. The ini .

Tata Electronics likely to sign deal worth over Rs 12,000 crore with Tamil Nadu govt
Power Generation - Jan 08,2024
Tata Electronics is poised to sign a Rs 12,082 crore agreement with the Tamil Nadu government at the Global Investors Summit. The investment includes a reported Rs 7,000 crore for expanding its Hosur .

Qualcomm to invest of Rs 177 crore in Chennai
Infrastructure - Jan 08,2024
Qualcomm is set to invest Rs 177.27 crore in a new design centre in Chennai, creating job opportunities for up to 1,600 skilled professionals. The facility will play a crucial role in Qualcomm's .

TN CM Stalin releases two key documents on day one of TNGIM 2024
Manufacturing - Jan 08,2024
On the first day of the Tamil Nadu Global Investors Meet 2024, Chief Minister M K Stalin released two documents: the vision document for achieving a $1 trillion economy by 2030 and the Semiconductor a .