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CapEx News

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Latest News - December 24, 2024

Monarch Tractors considering new manufacturing unit in Telangana
Automotive Industries   -   Aug 12,2024
Monarch Tractors, a U.S. company specializing in driver-optional electric tractors, is exploring the establishment of a manufacturing unit in Telangana and expanding its existing R&D facility in Hyder...

Amara Raja and Piaggio India sign MoU to boost EV battery production
Automotive Industries   -   Aug 12,2024
Amara Raja Advanced Cell Technologies (ARACT) has signed an MoU with Piaggio Vehicles to enhance EV technology in India. Announced on August 10, the agreement involves ARACT supplying lithium-ion ce...

Vivint Pharma to invest Rs 400 crore in Genome Valley
Hospitality and Healthcare   -   Aug 09,2024
An injectables pharmaceutical company plans to invest Rs 400 crore in a new manufacturing facility in Genome Valley, Hyderabad. The plant will employ 1,000 people and support Telangana’s life scienc...

Yamuna authority to develop electronic manufacturing cluster over 200 acres
Manufacturing   -   Aug 09,2024
The Yamuna Expressway Industrial Development Authority will develop a 200-acre electronic manufacturing cluster in Sector 10, Uttar Pradesh, under the EMC 2.0 scheme. The project aims to boost the loc...

Radisson Hotel Group expands with new Park Inn in Chennai ECR
Infrastructure   -   Aug 09,2024
A 100-room Park Inn hotel is opening in Chennai ECR, marking the brand's debut in the city. Developed with Chanda Hotels, this addition expands the company's presence in Tamil Nadu, leveragi...

Novamax Appliances invests Rs 35 crore to establish a manufacturing facility in Gorakhpur
Automotive Industries   -   Aug 09,2024
An air cooler brand is building a new 26,000 sq. ft. manufacturing facility in Gorakhpur, Uttar Pradesh, with an investment of Rs 35 crore. Set to start within a year, it aims to meet demand in nearby...

JSW Neo receives LoA from Solar Energy Corporation of India
Automotive Industries   -   Aug 09,2024
A subsidiary of a major energy firm has secured a 230 MW renewable energy contract from SECI. This expands their total generation capacity to 16.4 GW, with plans to reach 10 GW by FY25 and 20 GW by 20...

Amara Raja infra commissions NTPC's Anta solar PV project
Power Generation   -   Aug 09,2024
A major player has commissioned a 90 MW solar project in Rajasthan, marking their first Balance of System Solar contract. The project will generate 213 million units of green energy annually and enhan...




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