CapEx News - Nov 2023

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Project News & Updates - Nov 2023


MoSPI report states that 411 infra projects show cost overruns of Rs 4.31 lakh crore in October
Infrastructure  -  Nov 20,2023
In October, cost overruns exceeding Rs 4.31 lakh crore were reported in 411 infrastructure projects, each requiring at least Rs 150 crore. The Ministry of Statistics and Programme Implementation revea .


Tata Group explores land to establish semiconductor chip assembly unit
Manufacturing  -  Nov 20,2023
Tata Group is in the early stages of establishing a local semiconductor manufacturing ecosystem. Exploring property in Tamil Nadu, Karnataka, and Telangana, they prioritize an Assembly, Testing, Monit .


Geothermal technology empowered 'Controlled Atmosphere' plant to be establish at Tapri village in Himachal Pradesh
Power Generation  -  Nov 20,2023
Geotropy Iceland plans a Controlled Atmosphere (CA) Store in Kinnaur with geothermal tech for apple growers. The pact, signed with the State Government, involves a CA store with a 1,000-ton capacity i .


Atmantan inks a Rs 125-crore MoU with Uttarakhand government
Automotive Industries  -  Nov 20,2023
Atmantan Wellness Centre signs a Rs. 125 crore MoU with the Uttarakhand Government to enhance wellness tourism, create jobs, and promote healthy living. Chief Minister Pushkar Singh Dhami and Nikhil K .


Coromandel inaugurates nanotechnology center at Coimbatore
Chemicals  -  Nov 17,2023
Coromandel International advances agriculture with a new nanotechnology center in Coimbatore, boosting shares by 0.40%. The center focuses on developing nano-enabled agro-inputs for improved plant nut .


Asian Paints raises production capacity at Khandala facility
Infrastructure  -  Nov 17,2023
Asian Paints Ltd has increased the original installed production capacity of the Khandala plant to 400,000 KL per annum to meet medium-term capacity requirements. The plant, initially set up with a 30 .


JSW secures award to develop mega greenfield port in Karnataka
Infrastructure  -  Nov 17,2023
JSW Infrastructure has secured a contract worth Rs 4,119 crore to construct a deepwater, all-weather greenfield port at Keni Port in Karnataka through a public-private partnership. The port is designe .


Crocs footwear manufacturing facility in Tamil Nadu to commence operation soon
Manufacturing  -  Nov 17,2023
JR One Footwear Pvt Ltd, based in Tamil Nadu, is set to begin shoe production. The joint venture between Phoenix Kothari Footwear Ltd and Shoetown Footwear Co, located in Perambalur, aims to produce C .


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