CapEx News - Jan 2024

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Project News & Updates - Jan 2024


Mahindra Logistics to invest Rs 170 crore on warehousing facility in Maharashtra
Infrastructure  -  Jan 25,2024
Mahindra Logistics is constructing a new 25-acre warehousing facility in Phaltan, Maharashtra, to enhance its capabilities and cater to growing demand. With a total area of 6.5 lakh sq ft, the facilit .


Sanmit Infra Ltd board approves proposal for setting up bio CNG plant
Infrastructure  -  Jan 25,2024
Sanmit Infra Ltd, a construction and waste management company, plans to establish a bio CNG plant under the Sustainable Alternative Towards Affordable Transportation scheme (SATAT). The board approved .


Encore-Alcom to set India's first auto robotic facility for aluminum doors in Gujarat
Manufacturing  -  Jan 25,2024
Encore-Alcom is investing Rs 60 crore in a new manufacturing unit in Surat, Gujarat, spanning 1.8 lakh square feet. This facility, equipped with auto-robotic technology for aluminum doors and windows, .


Work underway in full swing to set up fourth desalination plant for Chennai at Perur
Infrastructure  -  Jan 25,2024
Chennai has commenced construction on its fourth desalination plant at Perur, near the existing Nemmeli plant. Expected to be the largest in Southeast Asia, the seawater reverse osmosis (RO) desalinat .


Fortune Hotels announces launch of new hotel in Hosur
Infrastructure  -  Jan 25,2024
Fortune Hotels, part of ITC's group, introduces Fortune Hosur, an upscale hotel in Tamil Nadu's industrial district of Krishnagiri. Positioned off the Bangalore-Chennai highway, it provides .


Amber group and Titagarh Rail Systems to form JV
Manufacturing  -  Jan 25,2024
Kolkata-based Titagarh Rail Systems Limited (TRSL) and Delhi-NCR's Amber Group are forming a groundbreaking joint venture through a special purpose vehicle (SPV) with a combined investment of up .


CPCL seeks to emerge as a hydrogen production hub, partners with IIT-Madras
Chemicals  -  Jan 25,2024
Chennai Petroleum Corporation (CPCL) aims to become a hydrogen production hub, supplying green hydrogen for various applications, including petrochemicals. The company plans to join the Hydrogen Valle .


Tata Motors set to start EV production at Sanand Plant
Manufacturing  -  Jan 23,2024
Tata Motors plans to initiate electric vehicle (EV) production at its Sanand plant, acquired from Ford India, starting in April. The NEXON EV will be the first EV produced, with future models to follo .


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