CapEx News - May 2024

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

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Manglam Group joins hands with Marriott
Infrastructure - May 21,2024
Manglam Group and Marriott are launching Westin Jaipur, a 140-key resort near Jaipur with a Rs 150 crore investment. Opening in October, the 8-acre resort on the Delhi-Jaipur highway will feature eigh .

Steelbird Hi-Tech plans major expansion to boost helmet production
Manufacturing - May 21,2024
Steelbird Hi-Tech aims to sell 10 million helmets in FY24-25 by expanding its Baddi plant to 50,000 units per day with a Rs 105 crore investment and establishing a new facility in Hosur, Tamil Nadu wi .

IHG Hotels and Resorts to debut Crowned Plaza in Punjab
Manufacturing - May 21,2024
IHG Hotels & Resorts will open its first Crowne Plaza in Amritsar by Q4 2028, through a management agreement with SLRV Hotels Pvt Ltd. The 136-key Crowne Plaza Amritsar Airport will be IHG's four .

Wabtec Corporation inaugurates Rs 230 crore plant in Rohtak
Manufacturing - May 21,2024
Wabtec Corporation inaugurated a Rs 230 crore manufacturing plant in Rohtak, Haryana, initially investing Rs 150 crore with an additional Rs 80 crore planned. The 10,000 square meter facility will pro .

Dreamtech to start manufacturing chip modules
Manufacturing - May 21,2024
Dreamtech plans to supply DRAM modules and solid-state drives to a global chip manufacturer, aiming to meet growing market demands. Operations, including surface mounting and testing, will be handled .

First Israeli auto firm sets up manufacturing unit in India
Automotive Industries - May 21,2024
EVR Motors inaugurates its new plant in Manesar, Haryana, as the first manufacturing operation in India for an Israeli automotive firm. The facility will produce trapezoidal geometry coils for EVR&apo .

CMRL commences installation of overhead equipment for Phase II project
Infrastructure - May 20,2024
Chennai Metro Rail is progressing with the installation of overhead equipment (OHE) along the Poonamallee-Porur stretch. Around 200 out of 500 masts have been erected, with focus now shifting to wirin .

L&T wins multiple orders for buildings, factories business
Manufacturing - May 20,2024
L&T's buildings and factories business secured contracts, including one from the Institute of Neurosciences Kolkata for constructing a medical college and hospital campus in Kolkata. The project .