CapEx News - Sep 2023

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Project News & Updates - Sep 2023


Tabreed to invest $200 million in Telangana
Infrastructure  -  Sep 07,2023
Tabreed, a prominent UAE-based cooling utilities company, has joined forces with the Telangana government to develop cooling infrastructure for industrial and commercial parks. They plan to invest $20 .


PepsiCo India to invest Rs 778 crore for new manufacturing unit in Assam
Food Processing  -  Sep 07,2023
PepsiCo India is investing Rs 778 crore in a new manufacturing unit in Nalbari, Assam, spanning 44.2 acres. The facility, set to be operational by 2025, will employ 500 workers and source 50,000 tonne .


Gharda Chemicals purchases 38 acre industrial land from Arete Group in Gujarat
Chemicals  -  Sep 07,2023
Gharda Chemicals Ltd has acquired 38 acres of land in Arete Group's industrial park in Dahej, Gujarat, for the construction of a manufacturing facility. This investment, valued at Rs 600 crore, a .


Cabinet approves Rs 3,760 crore for battery energy storage system
Manufacturing  -  Sep 07,2023
The Indian government, under Union Minister Anurag Thakur, has allocated Rs 3,760 crore for a 4,000 MWh battery energy storage system, covering up to 40% of the total capital cost. The entire funding .


Birla Corporation to increase cement production to 25 MT by FY 26
Building Materials  -  Sep 07,2023
Birla Corporation plans to boost its cement production capacity from 20 million tonnes per annum (MTPA) to 25 MTPA by 2025, with the Mukutban unit acquisition from the Reliance group playing a signifi .


MoRTH floats tender for two-laning from Patranga to BahuvanMadarMajha on NH-227B
Infrastructure  -  Sep 07,2023
The Ministry of Road Transport and Highways (MoRTH) has invited tenders for the two-lane upgrade of NH-227B (84 Kosi Parikrama Marg) in Uttar Pradesh, from Patranga to Bahuvan Madar Majha. This projec .


Gabriel India plans to expand presence in South India
Automotive Industries  -  Sep 07,2023
Gabriel India, a leading company within the Anand Group, is planning to expand its production of passenger car and two-wheeler suspension components with a new greenfield plant in South India. The com .


Hero Moto Corp to invest anadditional Rs 550 crore in Ather Energy
Manufacturing  -  Sep 06,2023
Hero MotoCorp plans to invest Rs 550 crore in Ather Energy through a rights issue, pending final agreements and transaction requirements. Prior to this, Hero MotoCorp owned 33.1 percent of Ather. Athe .


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