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CapEx News

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Latest News - October 28, 2024

Rs 865 crore investment to be madeby EV manufacturer
Automotive Industries   -   Jun 29,2023
Ather Energy will invest Rs 865 crore in the Shendra Phase of Aurangabad Industrial City (AURIC), aiming to build a strong supplier ecosystem in the region. Chief Minister Eknath Shinde approved the i...

Maharashtra Cabinet Sub-committee approve projects worth Rs 40,000 crore
Infrastructure   -   Jun 29,2023
The Maharashtra Cabinet Sub-committee, led by Chief Minister Eknath Shinde, has approved projects worth Rs 40,000 crore in various regions of the state. These projects, including an electric vehicle a...

Gujarat govt inks deal for semiconductor assembly and testing plant at Sanand
Manufacturing   -   Jun 29,2023
The Gujarat government and Micron signed an MoU for a $2.75 billion semiconductor assembly and testing plant in Sanand. The plant aims to address India's reliance on imported semiconductor chips ...

Chinese firm to form JV With Telangana-based company
Manufacturing   -   Jun 29,2023
Resojet Pvt Ltd and TCL Electronics Holding Limited are forming a joint venture to establish a state-of-the-art consumer electronics manufacturing plant in Telangana, India. The memorandum of underst...

India’s first advanced E-Bus manufacturing facility to be established in Pune with Rs 776 crore inve
Automotive Industries   -   Jun 29,2023
Pune-based company Pinnacle Mobility Solutions plans to revolutionize green mobility in India by establishing a cutting-edge electric and hydrogen fuel-cell vehicle production plant. With an investm...

3600-metre pipeline installed across Subansiri River in Assam: Details inside
Petroleum   -   Jun 28,2023
Ace Energy Infrastructure has constructed a 3600-meter pipeline with a 24-inch diameter across the Subansiri River in Assam. The project, undertaken by Indradhanush Gas Grid Ltd., aimed to extend the ...

New Mangalore port signs MoU to develop container freight station
Infrastructure   -   Jun 28,2023
The Central Warehousing Corporation (CWC), Sagarmala Development Company Ltd (SDCL), and New Mangalore Port Authority (NMPA) have signed an MoU to establish a container goods station and warehousing f...

Prominent JV resubmits application to establish manufacturing unit incentives
Manufacturing   -   Jun 28,2023
The Vedanta-Foxconn joint venture has resubmitted an application to establish a chip manufacturing facility in India. Their previous application failed to qualify for financial incentives due to a lac...




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