CapEx News - Nov 2024

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US-based Inteva Products to boost capacity at Chakan facility to meet growing demand
Manufacturing - Nov 12,2024
Inteva Products is expanding its Chakan facility in Maharashtra to meet growing demand for automotive components in India. The capacity increase, involving infrastructure upgrades and advanced technol .

Indian Hotels Company plans to expand with 120 new properties to capitalise on travel and wedding boom
Infrastructure - Nov 11,2024
Indian Hotels Company (IHC) plans to expand by adding 120 properties across India, focusing on luxury and budget hotels to meet growing travel and wedding demand. Targeting popular tourist spots and e .

NXTRA to invest Rs 5,000 crore to expand data center capacity to 400 MW in three years
Infrastructure - Nov 11,2024
NXTRA, Bharti Airtel’s data center subsidiary, plans to invest ₹5,000 crore over three years to double its capacity to 400 MW, addressing India’s rising demand for digital services amid cloud gr .

Flender India expands investment and production to strengthen role in energy transition
Infrastructure - Nov 11,2024
Flender India, the Indian branch of Germany's Flender Group, is boosting its investment to expand production of wind turbine gearboxes at facilities in Kharagpur, Chennai, and Walajabad. With ove .

HPCL Partners with Engineers India to commercialize indigenous hydrogen PSA technology
Infrastructure - Nov 11,2024
HPCL’s HP Green R&D Centre (HPGRDC) has partnered with Engineers India Ltd. (EIL) to commercialize its in-house Hydrogen Pressure Swing Adsorption (HP-PSA) technology. As technology licensor, HPCL, .

Kandla Port to increase capacity to 390 million tonnes per annum by 2030
Infrastructure - Nov 11,2024
The Deendayal Port Authority (DPA) plans to expand its capacity to 390 MTPA by 2030, up from 120 MTPA. The expansion includes infrastructure upgrades, new terminals, improved connectivity, and adoptio .

JSW and POSCO to set up Rs 65,000 crore steel plant in Odisha's Dhinkia
Infrastructure - Nov 11,2024
JSW Steel and POSCO have formed a joint venture to build a Rs 65,000 crore steel plant in Dhinkia, Odisha, with a capacity of 12 million tonnes annually. The project will create thousands of jobs and .

Rajasthan government secures investment deals with worth Rs 1.03 lakh crore in Bhilwara
Infrastructure - Nov 11,2024
The Rajasthan government signed 143 MoUs worth Rs 1.03 lakh crore to boost industrial growth in Bhilwara. These investments, focusing on textiles, manufacturing, and renewable energy, aim to create jo .