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CapEx News

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Latest News - December 23, 2024

BPCL to invest Rs 1,138 crore in expanding Cochin-Coimbatore-Karur and Irugur-Devangonthi pipelines
Petroleum   -   Sep 16,2024
Bharat Petroleum Corporation Ltd (BPCL) has approved a Rs 1,138 crore investment to expand the Cochin-Coimbatore-Karur Pipeline (CCKPL) and the Irugur-Devangonthi Pipeline (IDPL). The CCKPL capacity w...

Foxconn-HCL chip JV may assemble in Uttar Pradesh
Infrastructure   -   Sep 13,2024
Taiwan's Foxconn and India's HCL Group plan to build a semiconductor outsourced assembly and testing unit on 30 acres near the Jewar airport in Uttar Pradesh, pending central government appr...

TN govt signs MoU with U.S. machinery manufacturer Caterpillar
Automotive Industries   -   Sep 13,2024
Caterpillar will expand its equipment manufacturing in Tamil Nadu, with investments in Thiruvallur and Krishnagiri districts, as announced by Chief Minister MK Stalin. The expansion follows Stalin’s...

IHCL strengthens presence in Tamil Nadu, adds two more hotels in Chennai
Hospitality and Healthcare   -   Sep 13,2024
Indian Hotels Company Limited (IHCL) is opening two new hotels in Chennai’s Mahindra World City: Vivanta and Ginger. The greenfield projects, situated on a three-acre site near Kolavai Lake, will en...

L&T awarded Agra metro line-2 construction contract
Infrastructure   -   Sep 13,2024
Larsen & Toubro (L&T) has won a Rs. 1242.79 crore contract for the Agra Metro Phase 1 Line-2 project. The contract, awarded by Uttar Pradesh Metro Rail Corporation (UPMRC), includes constructing a 15....

Nidec Corporation commits Rs 600 crore for Hubli-Dharwad expansion
Manufacturing   -   Sep 13,2024
Japan-based Nidec plans to expand its investment in Karnataka by an additional Rs 150 crore for a 20-acre expansion in the Hubli-Dharwad industrial area. This follows a previous Rs 450 crore investmen...

Cable-stayed flyover between Madh and Versova to be ready in 36 months
Infrastructure   -   Sep 13,2024
The Brihanmumbai Municipal Corporation (BMC) has approved a Rs 2,029 crore contract for a cable-stayed flyover between Madh and Versova, awarded to APCO Infratech. The project's cost has risen by...

CEAT's expansion at Chennai plant to grow its truck, bus radial segment
Automotive Industries   -   Sep 13,2024
Tyre manufacturer CEAT is expanding its truck and bus radial (TBR) tyre production at its Chennai plant with a Rs 670 crore investment. The new TBR line will produce 1,500 tyres per day and create 500...




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