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CapEx News

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Latest News - January 16, 2025

Dr Reddy Laboratory likely to invest Rs 700 crore in H2: CMD Prasad
Hospitality and Healthcare   -   Nov 21,2023
Dr. Reddy's Laboratories to invest Rs 700 crore in H2 FY24 for capacity development, focusing on new facilities and manufacturing. The total capital expenditure for the year will reach Rs 1,400 c...

CMDA appoints consultant for development plan of Chennai Outer Ring Road
Infrastructure   -   Nov 21,2023
The Chennai Metropolitan Development Authority (CMDA) engages Rudrabhishek Enterprises Ltd. as a consultant to formulate a detailed development plan (DDP) for the Chennai Outer Ring Road (CORR) growth...

Tata Power receives first batch of BESS from Tata AutoComp for energy storage park
Power Generation   -   Nov 21,2023
Tata Power receives the first batch of Battery Energy Storage Systems (BESS) from Tata AutoComp for its 120 MW energy storage park in Chhattisgarh. Tata AutoComp inaugurates a BESS manufacturing facil...

Work on 5 & 6 lines for Borivali-Virar route to commence in December
Infrastructure   -   Nov 21,2023
The Mumbai Railway Vikas Corporation (MRVC) plans to construct the fifth and sixth lines between Borivali and Virar, aiming to segregate mail-express and suburban rail traffic for improved efficiency....

Odisha govt approves transformative projects worth Rs 1397.18 crore
Manufacturing   -   Nov 20,2023
The Odisha government approves eight projects, attracting over Rs 1,397 crore in investments across six districts. These ventures are expected to generate employment for 2,860 state residents. Notably...

SAIL Chairman announces plans of capacity expansion by 15 million tonnes
Infrastructure   -   Nov 20,2023
SAIL Chairman Amarendu Prakash reveals plans to boost the company's installed capacity by 15 million tonnes in the first phase, reaching a total of 35 MT. The expansion aims to capitalize on the ...

Dabur looking to establish new factory in South India
Manufacturing   -   Nov 20,2023
Dabur plans to establish a new factory in South India within a year to accommodate regional business growth. CEO Mohit Malhotra notes 20% of domestic sales come from South India, doubling in the last ...

Dell, HP, Foxconn among 27 firms granted approval under new IT hardware PLI scheme
Manufacturing   -   Nov 20,2023
The Central government approves 27 companies, including Dell, HP, and Foxconn, under the new PLI scheme for IT hardware, signaling India's ambitions to become a global hub for hi-tech manufacturi...




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