CapEx News - Jun 2024

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Lucknow's green corridor project enters Phase 2
Infrastructure - Jun 18,2024
Lucknow's 28km green corridor project has entered its second phase, extending from Hardings Bridge towards Daliganj to improve urban mobility. A 6.8 km four-lane road from IIM Road to Hardinge Br .

Rajasthan CM approves allotment of 4 780 hectares land to set up 4 solar projects
Power Generation - Jun 18,2024
Rajasthan Chief Minister Bhajanlal Sharma approved the allocation of 4,780 hectares for four solar projects to advance the state's energy self-reliance. Rajasthan Solar Park Development Company w .

ESR acquires 27 acres in Chennai to expand industrial park
Infrastructure - Jun 18,2024
ESR Group has acquired an additional 27 acres, expanding its Oragadam Industrial & Logistics Park in Chennai to 107 acres with a development potential of 2.5 million sq. ft. The Rs 276 crore investmen .

Centre gives nod for construction of Rithala-Narela-Kundli metro corridor
Infrastructure - Jun 18,2024
The Centre approved the Rithala-Narela-Kundli metro corridor construction proposal by the Ministry of Housing and Urban Affairs and DDA, costing Rs 6,231 crore. The Delhi portion will cost Rs 5,685.22 .

Himachal to give funds for bulk drug park project: CM
Infrastructure - Jun 15,2024
Himachal Pradesh Chief Minister Sukhvinder Singh announced the state government will co-fund and act as a strategic partner for a Rs 1,923 crore bulk drug park in Una's Haroli segment. Spanning 5 .

Deluxe Recycling inaugurates multi-layered plastic in Gujarat
Infrastructure - Jun 15,2024
Deluxe Recycling has opened a new multi-layered plastic recycling plant in Sarigam, Gujarat, doubling its recycling capacity to 27,000 tonnes/year. Funded by Circulate Capital, Deluxe plans to reach 5 .

VinFast expects to open India plant in first half of next year
Infrastructure - Jun 15,2024
Vietnamese electric carmaker VinFast plans to open its India factory by mid-2024, six months ahead of schedule, following a $2 billion investment agreement with Tamil Nadu. The plant, started in Febru .

Brakes India, Advics to form JV for advanced products in light vehicles
Manufacturing - Jun 15,2024
TSF Group's Brakes India and Japan's Advics are forming a joint venture in South India with over Rs 500 crore investment to design and manufacture advanced braking products for light vehicle .