CapEx News - Jul 2023

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Odisha Cabinet approves Semiconductor Manufacturing & Fabless Policy
Manufacturing - Jul 25,2023
India is striving to establish a domestic semiconductor ecosystem, including chip production, after decades of unsuccessful efforts. States are also contributing by implementing semiconductor policies .

Top FMCG firms plan to invest Rs 17,200 crore for expansion of operations in India
Food Processing - Jul 25,2023
Top consumer goods companies in India, including Nestle, Mondelez, ITC, HUL, Britannia, Tata Consumer, and P&G, plan to invest a total of Rs 17,200 crore as they aim to expand operations in the countr .

Initial e-auction for hotel project's site completed by Dholera Industrial City Development
Hospitality and Healthcare - Jul 25,2023
Dholera Industrial City Development Limited (DICDL) successfully completed the e-auction of a plot of land for a hotel, marking the first project in the hospitality industry within the Dholera Special .

Shyam Metalics establishes floating solar power facility of 50 MW in Odisha
Power Generation - Jul 25,2023
Shyam Metalics and Energy Limited (SMEL), an integrated metal-producing firm, is constructing a 50 MW Captive Floating Solar Power Project in Odisha. The project aims to reduce its carbon footprint an .

NLC India to broaden into mineral exploration and coal gasification
Mining - Jul 24,2023
NLC India is exploring opportunities in the search for vital minerals such as lithium and venturing into coal gasification. The company plans to expand its battery energy storage systems (BESS) and is .

Tamil Nadu Cabinet clears Rs 6,000 crore worth investments
Manufacturing - Jul 24,2023
The Tamil Nadu Cabinet, led by Chief Minister M K Stalin, approved ten industrial projects with investments totaling Rs 6,000 crore and the potential to create 27,000 jobs. Notably, Godrej Consumer Pr .

Arunachal Pradesh govt approves allotment of two power projects to NHPC
Power Generation - Jul 24,2023
The Arunachal Pradesh government has transferred the 1,800 MW Kamala project and the 2,000 MW Subansiri Upper Hydro project from private electricity producers to the National Hydroelectric Power Corpo .

L&T bags contract for 133.45 km stretch of bullet train project
Infrastructure - Jul 24,2023
L&T's Heavy Civil Infrastructure company has been awarded the construction of the 135.45 km section (MAHSR - C3 package) of the Mumbai Ahmedabad High-Speed Rail Project by NHSRCL. The package inc .