WardWizard Innovations and Mobility is planning to invest up to Rs. 650 crore in the manufacture of Li-ion advance cells and related infrastructure. The Gujarat-based firm, which sells electric two-wheelers under the Joy…
Electric two-wheeler manufacturer BGauss Auto Pvt Ltd aims to invest roughly Rs 40 crore to quadruple manufacturing capacity to 2 lakh units yearly by next year. After two years, the company expects to…
J Kumar Infraprojects Ltd announces receipt of Letter of Acceptance from Ircon International Limited for Construction of Eight lane access-controlled Expressway from Km 69.800 Km 79.783 (Bhoj to Morbe Section- SPUR of Vadodara…
A top official from the state-owned Gas Authority of India Limited (GAIL) announced othat the company will invest 6,000 crore in renewable energy over the next three years. GAIL India chairman and managing…
Sterlite Power reported that it has received various orders worth over Rs 1600 crore in the local and foreign markets for its solutions business. In the MSI (Master System Integrator) category, the business…
Watergen, an Israeli business, launched a strategic joint venture with SMV Jaipuria Group, with a projected investment of more than USD 50 million (about Rs 387 crore) over the next 2-3 years to…
ONGC, India’s largest oil and gas producer, announced that it will invest Rs 31,000 crore over the next three years in exploring the Indian sedimentary basin for fuel reserves that might help the…
GMM Pfaudler, a company that makes glass-lined reactors, tanks, and columns for pharmaceutical and chemical firms, has announced the expansion of its Hyderabad site. To improve capacity, the business would invest an extra…
Indian Railways has published contracts worth Rs 5,000 crore for 14 stations on an EPC (engineering, procurement, and construction) basis in order to speed up the station reconstruction programme. The railroads have chosen…
CEAT, the world’s largest tyre company, aims to invest around Rs 700-800 crore in the next 9-12 months to nearly increase capacity at its Chennai facility, with an eye on global markets such…
The Ministry of Road Transport and Highways (MoRTH) of the Indian government has solicited proposals for the expansion of the Thirthahalli-Udupi-Malpe Section. On the Thirthahalli-Udupi-Malpe Section of NH-169A in the state of Karnataka,…
Magod Laser, a company that specialises in laser-based manufacturing processes, has announced the opening of its eighth facility in Hosur, Tamil Nadu. With roughly 400 employees, the Bengaluru-based firm runs seven facilities spanning…
SJVN Ltd, a state-owned company, has signed a deal with Tata Power Solar Systems to develop a 1,000 MW solar project in Bikaner, Rajasthan, costing Rs 5,500 crore. “SJVN has agreed into an…
Telangana’s government and Stadler Rail have announced plans to build a rail coach manufacturing facility in the state. This investment will be a joint venture between Medha Servo Drives Pvt. Ltd., a local…
ACME Solar announced that a 300 megawatt (MW) solar power project for MSEDCL had been successfully commissioned. The electricity generated by this plant will be distributed throughout Maharashtra, and the facility would be…
Ferring Pharma, based in Switzerland, has announced the opening of a new formulation plant in Hyderabad, India, to manufacture its Pentasa product (Mesalazine). Ferring will invest around € 60 million (roughly Rs 500…