CapEx News - Jan 2025

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Project News & Updates - Jan 2025


Tamil Nadu announces 2 million sq ft IT park in Coimbatore under PPP
Infrastructure  -  Jan 10,2025
Tamil Nadu Chief Minister MK Stalin announced the construction of a 2 million square foot IT park in Coimbatore under a public-private partnership, focusing on artificial intelligence. Speaking at the .


Polyplex to set up Rs 558 crore BOPET Manufacturing plant
Manufacturing  -  Jan 10,2025
Polyplex Corporation Limited plans to establish a new BOPET film manufacturing plant in India, increasing production capacity by 52,400 MTPA. The ₹558 crore ($65 million) investment, expected to beg .


PMO approves extension of metro’s Yellow Line till Narela
Infrastructure  -  Jan 10,2025
The Prime Minister's Office (PMO) has approved the extension of Delhi Metro's yellow line to Narela. Delhi Metro Rail Corporation (DMRC) has been instructed to prepare a Detailed Project Rep .


Bihar govt initiates process for construction of 3 five-star hotels in Patna
Infrastructure  -  Jan 10,2025
The Bihar government has launched the construction of three new five-star hotels in Patna to enhance tourism and the state's industrial environment. The Bihar State Tourism Development Corporatio .


Adani to build logistics park in Ernakulam
Manufacturing  -  Jan 10,2025
The Adani Group will invest Rs 5 billion to develop a modern logistics park on a 70-acre plot in Ernakulam, creating numerous local jobs. The park, located in Kalamassery, will house several warehouse .


Odisha to develop Rs 4,000 crore ship recycling hub, ports, and hydrogen facilities
Infrastructure  -  Jan 10,2025
The Odisha government plans to establish a Rs 4,000-crore ship recycling hub near Paradip Port and develop two new ports at Inchuri and Bahuda with private sector participation. The initiatives aim to .


Nayara Energy plans US$ 8-billion capital expenditure for 1.5 MMTPA ethane cracker
Infrastructure  -  Jan 10,2025
Nayara Energy, backed by Rosneft, plans to invest Rs 68,000 crore to build a 1.5 MTPA ethane cracker at its Vadinar refinery in Gujarat, marking the first significant foreign investment in India’s p .


V-Guard to enhance in-house production, enhance manufacturing capabilities
Manufacturing  -  Jan 10,2025
V-Guard plans to enhance its manufacturing capabilities in 2025 with new factories in Vapi (Kitchen Appliances), Hyderabad (Battery), and Hyderabad (Fan). The Vapi and Hyderabad battery units are oper .


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