CapEx News - Sep 2024

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CM Stalin lays foundation stone for Tata Motors' Rs 9,000 crore plant in Tamil Nadu
Manufacturing - Sep 30,2024
Chief Minister M K Stalin laid the foundation stone for Tata Motors' new manufacturing facility in Panapakkam, Tamil Nadu, with an investment of Rs 9,000 crore. The facility is expected to create .

Anand Group to invest Rs 600 crore to enhance component manufacturing
Manufacturing - Sep 30,2024
Anand Group is investing Rs 600 crore this financial year as part of its Rs 3,600 crore five-year plan to enhance capabilities, particularly in electric and SUV technologies. The group, through Mahle .

Kiri Group and Laxmi Organics ink MoU with state govt
Infrastructure - Sep 27,2024
Kiri Group of Companies has signed a ₹4,500 crore MoU with the Gujarat government to establish a 16.5 million tonne green fertiliser plant through its subsidiary, Indoasia Agrotech Fertilisers Ltd, .

XeedQ plans quantum tech centre in Tamil Nadu, Telangana
Infrastructure - Sep 27,2024
XeedQ is establishing Quantum Information Technology Centres in Tamil Nadu and Telangana, marking a significant private initiative in India. The company aims to democratize quantum computing and train .

Tata Electronics, PSMC complete tech transfer pact for fab unit
Manufacturing - Sep 27,2024
Tata Electronics has signed a definitive agreement with Taiwan's Powerchip Semiconductor Manufacturing Corporation for technology transfer to establish a greenfield semiconductor fab in Dholera, .

Balmer Lawrie plans Rs 700-crore capital expenditure, to diversify into ethanol production
Infrastructure - Sep 27,2024
Balmer Lawrie & Co plans a capital expenditure of Rs 700 crore to achieve Rs 6,000 crore in revenue by 2030. The company will diversify into ethanol production, establish a free trade warehousing zone .

Hindustan Copper to augment mine production to 12.2 MTPA
Infrastructure - Sep 27,2024
Hindustan Copper (HCL) is expanding its mine production capacity to 12.2 million tpa, enhancing domestic copper production. Key projects include transitioning the Malanjkhand Copper Project in Madhya .

MEIL signs MoU with Maharashtra govt for 4000 MW pumped storage projects
Infrastructure - Sep 27,2024
Megha Engineering & Infrastructures Limited (MEIL) has signed an MoU with the Maharashtra government to develop two Pumped Storage Projects with a total capacity of 4,000 MW: the Kamod and Ghosla proj .