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Latest News - January 17, 2025


Lotte to invest Rs 550 crore to increase ice cream business in India
Food Processing   -   Oct 25,2023
South Korean food company, Lotte Confectionary, is expanding its presence in the Indian ice cream industry. It acquired Havmor Ice Cream Ltd for Rs 1,020 crore and is investing Rs 550 crore over five ...


Tata Motors establishes two R&D facilities on H2 fuel tech
Automotive Industries   -   Oct 25,2023
Tata Motors inaugurated two R&D facilities in Pune to advance hydrogen fuel technologies, aligned with its aim of achieving net-zero emissions by 2045. Focusing on battery electric, hydrogen fuel ce...


Steelbird to invest Rs 250 crore for new plant in Tamil Nadu's Hosur
Manufacturing   -   Oct 25,2023
Steelbird Hi-tech India, a leading helmet manufacturer, is investing over Rs 250 crore to construct a new manufacturing plant in Hosur, Tamil Nadu, in response to increasing demand. The company aims t...


Power Grid Corp approves Rs 119.95 crore investment
Power Generation   -   Oct 25,2023
The state-owned Power Grid Corporation has approved an investment of Rs 119.95 crore for the Eastern Region Expansion Scheme-XXXVII (ERES-XXXVII) electricity transmission project. The project, as per ...


DP World inks MoUs with Cochin Port for capacity expansion
Infrastructure   -   Oct 25,2023
DP World and Cochin Port Authority signed two MoUs for capacity expansion. DP World will establish Phase I of a Free Trade Warehousing Zone (FTWZ) and upgrade cargo handling facilities at the Internat...


Murugappa group company to increase capacity at a cost of Rs 347 crore
Power Generation   -   Oct 25,2023
CG Power and Industrial Solutions, a Murugappa Group company, is investing approximately Rs 347 crore to expand its production capacity across various units. With a robust order book of $5,229 crore a...


New Pharmaceutical park to come up in Lalitpur
Manufacturing   -   Oct 24,2023
Lalitpur plans a 2,000-acre pharmaceutical park hosting 70 manufacturing units, aiming for a $1 lakh crore investment and generating 1.5 lakh new jobs. The government will allocate 94 plots, ranging f...


Uttar Pradesh government approves 12 private sector bioenergy projects
Manufacturing   -   Oct 24,2023
The Uttar Pradesh government sanctioned 12 private sector bioenergy projects valued at Rs 550 crore to enhance renewable energy production. These initiatives intend to yield 44 kl of biodiesel and 90+...





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