CapEx News - Oct 2024

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Project News & Updates - Oct 2024


Amneal Pharmaceuticals to invest up to USD 200 mn in India to set up 2 plants
Manufacturing  -  Oct 09,2024
Amneal Pharmaceuticals will invest up to USD 200 million (₹1,680 crore) over the next 4-5 years to build two new manufacturing facilities in Ahmedabad, focusing on peptide synthesis and sterile fill .


Tamil Nadu greenlights Foxconn's Rs 13,180-crore display module assembly plant
Infrastructure  -  Oct 09,2024
Tamil Nadu approved a ₹13,180 crore investment by Yuzhan Technology (India), a Foxconn subsidiary, creating 14,000 jobs. Foxconn will establish a smartphone display module unit at the ESR Oragadam I .


Tendering begins for Rs 320 crore Kalyan-Ulhasnagar flyover expansion
Infrastructure  -  Oct 09,2024
The MMRDA has initiated a ₹320 crore tender to expand the Shahad railway flyover, linking Kalyan to NH-62 and Ulhasnagar, from two to four lanes to ease traffic congestion. Prompt expansion and repa .


Avaada lays foundation for Rs 13,650 crore renewable energy plant in Nagpur
Infrastructure  -  Oct 09,2024
Avaada Group has laid the foundation for a ₹13,650 crore manufacturing facility at Addl. Butibori Industrial Park in Nagpur, aimed at enhancing India's renewable energy capabilities. The projec .


Jharkand CM lays foundation for 310-bed Apollo Hospital in Ranchi
Infrastructure  -  Oct 09,2024
On October 7, 2024, Jharkhand Chief Minister Hemant Soren laid the foundation for a 310-bed multi-specialty hospital in Ranchi's Smart City area, to be established by Apollo Hospitals. The hospit .


Tata Technologies and BMW join forces to develop automotive tech
Infrastructure  -  Oct 09,2024
Tata Technologies and BMW have formed a 50:50 joint venture, BMW TechWorks India, to develop automotive software, including software-defined vehicles, automated driving, and AI applications. The manag .


GMR Airports Limited signs Concession Agreement for Nagpur Airport
Infrastructure  -  Oct 09,2024
GMR Airports Limited (GAL) has begun transforming Nagpur’s Dr. Babasaheb Ambedkar International Airport. Inaugurated by PM Modi, the project will expand terminal capacity to 4 million passengers ann .


RMC Switchgears limited wins Rs 201 crore solar project in MH
Power Generation  -  Oct 09,2024
RMC Switchgears Ltd. secured a Rs. 201 crore contract to solarize agricultural feeders in Maharashtra through three EPC projects and O&M management in Ahmednagar. This aligns with India’s renewable .


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