CapEx News - Jul 2023

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Piyush Goyal speaks about roadmap to achieve USD 250 billion textiles production by 2030
Textiles - Jul 26,2023
Union Minister Piyush Goyal addressed the strategy for achieving India's textile industry goals of $250 billion domestic output and $100 billion exports by 2030. He emphasized the need for a shar .

Tata bags Chennai Metro Line-5’s Tunneling Contract
Infrastructure - Jul 26,2023
Chennai Metro Rail Ltd. (CMRL) is reopening the contract bidding process for the civil construction of Chennai Metro's Line-5's underground Package UG-06/RT-01. Tata Projects Ltd. (TPL) was .

F&B announces investment upto Rs 100 crore in Hyderabad food business
Hospitality and Healthcare - Jul 26,2023
Foodlink F&B Holdings India, an upscale catering company, has entered the Hyderabad market with plans to invest between Rs 70 to Rs 100 crore in premium catering, banquets, and restaurant verticals. W .

Centre gives in-principle approval to 21 Greenfield Airports across India
Infrastructure - Jul 26,2023
The Indian government granted 'in-principle' approval for 21 new Greenfield Airports to be established in different regions of the country. These airports aim to improve connectivity and acc .

ARS Steels awaits final environment clearance for expansion of Gummidipoondi plant
Metallurgical Industries - Jul 26,2023
ARS Steels and Alloy International, a Chennai-based manufacturer of high-quality TMT bars, faced significant delays in its Rs 100 crore expansion plans at Gummidipoondi due to the pandemic and environ .

Cadbury to invest Rs 1,600 crore to expand chocolate production facility in Andhra Pradesh
Food Processing - Jul 26,2023
Packaged food firm Mondelez India plans to invest Rs 1,600 crore in its Sri City, Andhra Pradesh manufacturing facility to boost chocolate production, including Cadbury Dairy Milk. The investment aims .

Hero Future Energies inks Rs 6,200-cr MoUs for renewable energy projects
Power Generation - Jul 26,2023
Hero Future Energies (HFE) has signed two contracts with REC Ltd and PFC Ltd to develop green energy projects. The agreements, totaling Rs 6,200 crore, were signed during the 4th G20 Energy Transition .

Yellowstone Fine Chemicals commissions first phase of manufacturing facility
Chemicals - Jul 26,2023
Yellowstone Fine Chemicals (YFCPL) has commissioned the first phase of its production plant in Ratnagiri, Maharashtra. The plant, located at G-60, MIDC, Lote Parshuram, Dhamandevi, and Ratnagiri, will .