CapEx News - Oct 2023

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Project News & Updates - Oct 2023


Tamil Nadu government gives nod for six mini textile parks in State
Textiles  -  Oct 30,2023
The Tamil Nadu government has approved six small textile parks, with eight more awaiting permission. The plan, dormant since 2015, has been revived and received significant interest. It offers a 50% s .


HAL inks deal with Safran to manufacture jet engine parts in India
Manufacturing  -  Oct 30,2023
Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have joined forces to enhance ring forging production for commercial engines. HAL will manufacture engine forgings for LEAP engines, whi .


Uttar Pradesh aims to attract over Rs 1,000 crore investment for its first Toy Park in Noida
Manufacturing  -  Oct 30,2023
The Toy Park in Uttar Pradesh aims to disrupt the Chinese monopoly in the local toy market, creating 6,000 jobs and supporting small businesses. While the production hub will be completed by year-end, .


Work for first phase of 100,000 metric-ton CPVC resin plant begins in Gujarat
Infrastructure  -  Oct 26,2023
Grasim Industries Limited, in collaboration with Lubrizol, is constructing a massive CPVC resin plant in Vilayat, Gujarat. This joint venture aims to revolutionize the CPVC industry, serving the deman .


Astral inaugurates manufacturing plant in Dahej
Manufacturing  -  Oct 26,2023
Astral Adhesives, a division of Astral Limited, inaugurated a new 17-acre manufacturing plant in Dahej, bolstering its production capacity. The facility boasts advanced automation and rigorous safety .


Uttar Pradesh government to build bulk drug park in Lalitpur
Infrastructure  -  Oct 26,2023
The Uttar Pradesh government aims to establish a bulk drugs park in Lalitpur, anticipating significant investments and over 1.5 lakh job opportunities. The proposed park plans to accommodate 60-70 p .


Shiva Engineering Services secures EPCm contract
Infrastructure  -  Oct 26,2023
Shiva Engineering Services (SES) secured an EPCm contract for a specialty chemicals plant. Valued at approximately Rs. 230 crore, the plant will house nitration, bromination, chlorination, and hydroge .


Voltas resurrects intention to manufacture air-conditioner compressors in India
Manufacturing  -  Oct 26,2023
Voltas is reinvigorating its manufacturing efforts in India through partnerships with Korean or Japanese companies. With investments exceeding Rs 1,300 crore, Voltas plans to enhance its home applianc .


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