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Latest News - December 24, 2024


India achieves milestone with completion of 32 projects under PLI scheme
Chemicals   -   Aug 12,2024
The Ministry of Chemicals and Fertilizers announced the completion of 32 projects under the PLI Scheme, enhancing domestic production of Key Starting Materials, Drug Intermediates, and APIs with a 56,...


PM-led Cabinet approves 8 new railway projects worth Rs 24,657 crore
Automotive Industries   -   Aug 12,2024
The Cabinet Committee on Economic Affairs, led by Prime Minister Modi, approved eight new railway projects worth ₹24,657 crore across 14 districts in seven states. These projects aim to enhance conn...


Madhya Pradesh poised to become an AI Hub with Google Cloud and NVIDIA
Automotive Industries   -   Aug 12,2024
Google Cloud plans to establish a startup hub and centre of excellence in Madhya Pradesh. During an Invest Madhya Pradesh session, NVIDIA proposed making the state the “Intelligence Capital of India...


Kai Group to invest 300 million yen to expand manufacturing facility in Rajasthan
Automotive Industries   -   Aug 12,2024
Kai Group will invest 300 million yen (approx. ₹17.17 crore) to expand its Neemrana facility in Rajasthan, boosting women's razor production by 5 million units annually. The expansion, set to...


M&M in negotiations with Kerala government for electric vehicle manufacturing unit
Automotive Industries   -   Aug 12,2024
Mahindra and Mahindra is negotiating with the Kerala government to establish an electric vehicle (EV) manufacturing unit, potentially boosting the state's industrial sector. Kerala, leading in EV...


Rudra Global to invest Rs 190 crore to establish Rs 190 crore solar project in Gujarat
Power Generation   -   Aug 12,2024
Rudra Global Infra Products will invest Rs 190 crore to set up a 30 MW solar project in Gujarat by January 2025. The solar power will support the company's billet and TMT bar manufacturing, boost...


PFC secures JPY 25.5-billion to finance wind energy project
Power Generation   -   Aug 12,2024
Power Finance Corporation (PFC) has secured JPY 25.5 billion (Rs 147 crore) from Japan Bank for International Cooperation (JBIC) for a 300.3 MW wind energy project by Ostro Kannada Power (OKPPL) in ...


Godrej Agrovet to establish oil palm processing mill in Tripura
Food Processing   -   Aug 12,2024
Godrej Agrovet's Oil Palm Plantation business will establish an oil palm processing unit and a research center in Tripura's Dhalai district. The company plans to expand its nursery capacity ...





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