CapEx News - Nov 2023

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Project News & Updates - Nov 2023


Airbus, HAL ink MoU to establish Civil MRO facility for A-320 aircraft
Infrastructure  -  Nov 10,2023
Airbus is teaming up with Hindustan Aeronautics Limited (HAL) to support HAL's entry into commercial aircraft maintenance, focusing on the A320 series. The collaboration aims to enhance India&apo .


Philips increases investments in India with new innovation hub in Bengaluru
Hospitality and Healthcare  -  Nov 10,2023
Royal Philips expands its investments in India with a new innovation hub in Bengaluru. CEO Roy Jakobs emphasizes ongoing commitment to Indian investments without specifying amounts. The $19 billion co .


CtrlS to invest Rs 250 crore to establish a data center in Uttarakhand
Infrastructure  -  Nov 10,2023
CtrlS Datacenters, based in Hyderabad, has inked an MOU with the Uttarakhand government to establish a Rs 250 crore edge data center in the state. The greenfield project, with a 10MW capacity, is set .


Adani flagship to invest $1.5 bn on data centers
Infrastructure  -  Nov 10,2023
Adani Enterprises, led by Gautam Adani, aims to invest around $1.5 billion in its emerging data center industry over the next three years, prioritizing growth. Despite recent challenges from a short s .


TELK secures its largest-ever order worth Rs 289 crore for transformer production
Infrastructure  -  Nov 10,2023
That's quite an impressive achievement for Transformers and Electricals Kerala Ltd! It's always great to see companies succeeding with a commitment to quality and people. The substantial ord .


Ashok Leyland to invest Rs 1,200 crore into switch Infusion
Manufacturing  -  Nov 10,2023
Ashok Leyland's Board approved a Rs. 1,200 crore equity investment in Switch Mobility through its parent company, Optare PLC UK. The funds will support R&D, capital expenditures, and operational .


Dalmia Bharat Sugar gets approval to establish Greenfield Sugar Plant in Uttar Pradesh
Infrastructure  -  Nov 10,2023
The board of Dalmia Bharat Sugar and Industries has given initial approval for a greenfield sugar plant in Uttar Pradesh, with capacities of 8000 TCD cane crush, 20MW Cogen, and 60KLPD distillery. The .


Karnataka Power Corporation and Tehri Hydro Development Corporation ink MoU for power projects
Power Generation  -  Nov 10,2023
Karnataka Power Corporation Limited and Tehri Hydro Development Corporation Limited signed an MoU for power projects worth Rs 15,000 crore. The projects include hydro, ground-mounted and floating sola .


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