Government clears PLI incentive of Rs 357 crore for Foxconn India

Under the Production-Linked Incentive (PLI) scheme for the Large-Scale Electronics Manufacturing (LSEM) sector, the government granted incentives for two companies to engage in mobile manufacturing. The committee, led by Niti Aayog CEO Param…

Vishwaraj Sugar Industries gets environmental clearance for distillery expansion

Vishwaraj Sugar Industries Ltd had submitted an application for Environmental Clearance (EC) to the Ministry of Forests, Environment & Climate Change Government of India for increasing the distillery capacity at its current plant…

NICED to open research unit at NBMCH

North Bengal Medical College and Hospital (NBMCH) will soon house a rural health research section for the National Institute of Cholera and Enteric Diseases (NICED), a Calcutta-based organisation that reports to the Indian…

Medica Group of Hospitals to invest Rs 200 crore in Siliguri

Medica Group of Hospitals, a private healthcare organisation with headquarters in Kolkata, has announced an investment of Rs 200 crore in two of its facilities in and around Siliguri to upgrade the facilities’…

Tamil Nadu to set up six defence, space industrial parks

Tamil Nadu Industrial Development Corporation (Tidco) special secretary and project director B Krishnamoorthy said that the Corporations is planning to develop six thematic industrial parks (all in aerospace and defence) to provide plug-and-play…

HomiHydrogen to invest USD 50 million in India

HomiHydrogen announced it would invest $50 million in a 1.5 GW/year electrolyzer production facility in Pune. In order to build a manufacturing facility for Indian electrolysers, homiHydrogen is a joint venture between h2e…

New financial city to come up at Sholinganallur near Chennai

The booming IT corridor’s Sholinganallur neighbourhood is where the financial metropolis near Chennai, which is thought to be State deputy CM M K Stalin’s dream project, is most likely to be built (…

Congestion likely to reduce at Chennai airport

The airport’s congestion is projected to decrease with the opening of a portion of Chennai Airport’s new integrated terminal by mid-January and the construction of two quick exit taxiways in the coming months….

Adani group to invest Rs 10,700 crore to expand Lucknow airport

Between 2023 and 2027, the Adani group would invest over Rs 10,000 crore at the Ahmedabad airport to treble its passenger handling capacity and turn it into a regional hub. The plan of…

Dr Agarwals to invest Rs 100 crore for expansion in Kerala

Over the next two to three years, Chennai-based Dr Agarwals Eye Hospitals group would invest 100 crore to open more than 10 eye care facilities in Kerala. A new tertiary care eye hospital…

Greenzo Energy India announces investment in Green Hydrogen technology

  In order to build a 250 MW electrolyser manufacturing plant and the Balance of Plant (BoP) for producing green hydrogen at Sanand-II Industrial Estate, a division of Gujarat Industrial Development Corporation (GIDC),…

BSL to invest ₹200 cr on setting up cotton spinning unit

To develop and modernise its current weaving and processing capabilities as well as set up a cotton spinning operation, BSL Ltd plans to invest over 200 crore in order to expand its company….

Gujarat, AP and Himachal to get bulk drug parks

Union Minister Mansukh Mandaviya, three bulk drug parks are being built in Gujarat, Andhra Pradesh, and Himachal Pradesh to help provide pharmaceutical firms with raw materials. The Minister for Chemicals and Fertilizers stated…

Hinduja group to invest Rs 35,000 crore in Maharashtra

The Hinduja group will reportedly invest Rs 35 billion in the state, according to the Maharashtra government. An MoU was signed between the state government and Hinduja group in the presence of the…

JSPL to invest Rs 7,930 crore under PLI scheme for steel

Jindal Steel and Power Limited (JSPL) managing director Bimlendra Jha said that the company will spend Rs 7,930 crore under the PLI scheme for specialty steel to produce eight different types of high-end…

Purvanchal Cement lines up Rs 200 crore for expansion

Purvanchal Cement, based in Assam, has set aside Rs 200 crore for acquisitions and growth over the coming years, including foraying into markets outside the northeastern area like West Bengal. A 0.5 million…