CapEx News - May 2024

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Balu Forge Industries expands forging capacity
Infrastructure - May 22,2024
Balu Forge Industries Ltd (BFIL) is expanding with a new forging capacity of 72,000 tons annually in Belagavi, Karnataka. This includes acquiring three new forging production lines and integrating adv .

Dalmia Bharat boosts capacity with new cement mill of 1 million tonnes
Manufacturing - May 22,2024
Dalmia Bharat Limited (DBL) installs a new cement mill at its Ariyalur facility in Tamil Nadu, increasing capacity by 1 million tons. With a Rs 204 crore investment, the expansion aims to meet rising .

BSH expands its Chennai facility with an investment of Rs 200 crore
Manufacturing - May 22,2024
BSH Home Appliances expanded its Sriperumbudur facility near Chennai with a Rs 200 crore investment for a new assembly line, aiming to increase localisation to 70%-75% by 2025. They plan to introduce .

NKDA plans multi-speciality hospital on health centre plot
Hospitality and Healthcare - May 21,2024
The New Town Kolkata Development Authority (NKDA) considers repurposing a plot designated for an urban community health center (UCHC) in Action Area I for an 8-10 storey multi-speciality hospital. NKD .

Attero plans Rs 8,000 crore investment for e-waste, battery recycling
Infrastructure - May 21,2024
Attero plans an Rs 8,300 crore investment over five years to expand capacity, with 100% yearly growth. Current recycling capacity is 1,44,000 tonnes of e-waste and 15,000 tonnes of lithium-ion batteri .

Siemens to invest Rs 186 crore for Metro train manufacturing facility in Maharashtra
Manufacturing - May 21,2024
Siemens will invest Rs 186 crore in a Metro train manufacturing facility in Aurangabad by 2028. The greenfield site will feature advanced technology and a skilled workforce. This complements their exi .

MYH Hospital set for Rs 600 crore transformation into Model Hospital
Infrastructure - May 21,2024
Maharaja Yeshwantrao Holkar Hospital (MYH), affiliated with MGM Medical College, is set for a Rs 600 crore transformation into a Model Hospital. Following Chief Minister Mohan Yadav's interest, t .

Naturals Dairy to invest Rs 150 crore in Patna
Infrastructure - May 21,2024
Radisson Blu will open a five-star hotel in Patna by 2026, investing Rs 150 crore. An MoU was signed between KB Kachru, Radisson Blu's South Asia Chairman, and Hemant Kumar Das, CEO of Naturals D .