CapEx News - Jul 2023

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IndCarb plans to expand capacity for value added activated carbon products
Manufacturing - Jul 20,2023
Indcarb, the contemporary automated activated carbon facility in Kanjikode Industrial Area, India, plans to expand its operations with value-added activated carbon products. The expansion plan will be .

Stalin lays foundation for Sol India’s Rs 145 crore new plant
Chemicals - Jul 20,2023
Sol India Pvt Ltd, a maker and supplier of industrial and medical gases, will construct an integrated new gas manufacturing plant in SIPCOT, Ranipet, costing 145 crore. Tamil Nadu Chief Minister M K S .

Japan-based Marubeni Corp mulls Rs 10,000 crore investment in Karnataka
Infrastructure - Jul 20,2023
Japanese business, Marubeni Corporation, proposed investing more than 10,000 crore to establish a high-tech industrial park in Karnataka. The project is predicted to boost the state's economy by .

GAIL, LanzaTech team up to explore bio-recycling carbon waste into fuels and chemicals
Power Generation - Jul 20,2023
GAIL (India) Ltd, the nation's largest gas distributor, and LanzaTech Global, a carbon capture and utilization company, have formed a partnership to explore cutting-edge technological solutions f .

L&T secures Mumbai–Ahmedabad Bullet Train’s C3 Contract in Maharashtra
Infrastructure - Jul 20,2023
Larsen & Toubro secured a Rs. 15,697 crore contract from India's NHSRCL for Package C-3 construction of the Mumbai-Ahmedabad High-Speed Rail (MAHSR Bullet Train) project. This contract involves c .

Madhya Pradesh MSME dept hopes to receive Rs 200 crore investments from toy makers
Manufacturing - Jul 18,2023
The micro, small, and medium enterprises (MSME) department in Indore aims to attract over Rs 200 crore investment from toy manufacturers in Madhya Pradesh, Delhi, and neighboring states. Delhi-based t .

Panasonic likely to open a battery manufacturing plant in India
Manufacturing - Jul 18,2023
Japanese conglomerate Panasonic is reportedly planning to open a battery manufacturing plant in India, taking advantage of the government's production-linked incentive (PLI) scheme for ACC batter .

PM MITRA park for textiles to be established at Amravati in Maharashtra
Textiles - Jul 18,2023
The Maharashtra Industrial Development Corporation (MIDC), state government, and Union Ministry of Textiles signed an MoU for PM Mitra textile park in Amravati. The park aims to attract Rs 10,000 cror .