CapEx News - Nov 2023

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Project News & Updates - Nov 2023


KPR Mills agrees for Rs 250 crore expansion
Infrastructure  -  Nov 08,2023
KPR Mill Ltd. secures approval for a Rs 250 crore investment to expand fabric processing capacity from 25,000 to 37,000 MT annually. Additionally, the company plans to boost its solar power generation .


Birla Tyres to invest Rs 250 crore in passenger radial segment
Infrastructure  -  Nov 08,2023
Dalmia Refractories and Himadri Specialty Chemicals, having acquired Birla Tyres, plan a Rs 250 crore investment to enter the passenger car radial segment. Focused on the replacement market, they aim .


Dedicated Freight Corridor Corp identifies five stations for freight terminals
Automotive Industries  -  Nov 08,2023
DFCCIL, in its Vadodara division, actively builds freight terminals at railway stations, identifying potential sites in Varedia, Makarpura, New Sanjali, New Gothan, and New Udhana. Tendering for these .


VPRPL-CIPEL Ambaji JV receives LoA for project in Rajasthan
Infrastructure  -  Nov 08,2023
The Office of Dy Chief Engineer Construction, Ajmer, Rajasthan, has awarded VPRPL-CIPEL AMBAJI JV, led by Vishnu Prakash R Punglia (VPRPL), a Letter of Award for the construction of a railway station .


Craftsman to put up a greenfield factory in Coimbatore
Manufacturing  -  Nov 07,2023
Craftsman Automation Ltd. boosts FY24 capex by Rs 150-160 crore to Rs 470-480 crore, aiming to establish a new greenfield unit in Coimbatore. Capitalizing on Make in India and China +1 initiatives, th .


L&T secures contract to build airport in Andhra's Bhogapuram
Infrastructure  -  Nov 07,2023
L&T Construction's Buildings, Factories & Transportation infrastructure secures the Bhogapuram International Airport contract in Andhra Pradesh. GMR Visakhapatnam International Airport Ltd (GVIAL .


Haldia selects multiple Lummus Technologies for India's first on-purpose propylene plant
Chemicals  -  Nov 07,2023
Lummus Technology partners with Haldia Petrochemicals Ltd. to license phenol and Lummus/Versalis cumene and olefins conversion technology for a groundbreaking plant in West Bengal, India. Once complet .


Airbus inks contracts with Mahindra Aerospace
Infrastructure  -  Nov 07,2023
Airbus has renewed agreements with Indian suppliers, including Mahindra Aerospace, for commercial aircraft parts production. Contracts have been signed with Aequs, Dynamatic, Gardner, and Mahindra Aer .


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