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Zeiss Group to invest Rs 2,500 crore in new plant in Karnataka
Manufacturing - Jul 17,2023
Optical lenses manufacturer Zeiss Group plans to invest approximately Rs 2,500 crore in India to establish a new facility in Karnataka, primarily focused on expanding its eyeglass production capacity. .

Process of giving land to Foxconn mobile manufacturing unit nearing final stages
Manufacturing - Jul 17,2023
The process of allocating land to Foxconn, a Taiwanese electronics manufacturing company and Apple Inc. supplier, for their mobile device manufacturing plant in Karnataka, India, is nearing completion .

Chemplast Sanmar to invest Rs 1,000 crore expansion at Cuddalore, Berigai units
Chemicals - Jul 17,2023
Chemplast Sanmar Limited, a speciality chemicals manufacturer, plans to invest ₹1,000 crore to enhance the capacity of its Speciality Paste PVC business in Cuddalore and its Custom Manufactured Chem .

JSW Neo Energy sets aside a capex of Rs 8,104 Crore For Hydro Power Project In AP
Renewable Energy - Jul 17,2023
The government of Andhra Pradesh has approved the proposal from JSW Neo Energy to construct a 1500 MW hydro storage power plant in Bakkannavari Palli. Chief Minister YS Jagan Mohan Reddy authorized th .

Nestle India receives preliminary approval for food processing unit in Odisha
Food Processing - Jul 17,2023
Nestle India, a major player in the FMCG industry, has received preliminary approval from the Industrial Promotion & Investment Corporation of Odisha Ltd. for a food processing facility in Mundaamba, .

Tata Technologies to establish 3 Common Engg Facilitation Centres in Karnataka for MSMEs
Infrastructure - Jul 14,2023
Tata Technologies, a division of the Tata Group, has proposed the establishment of three Common Engineering Facilities Centres (CEFCs) in Karnataka to support MSMEs. The estimated cost of these facili .

Work on Velachery-St Thomas mount MRTS in Chennai to be completed by the end of July
Infrastructure - Jul 14,2023
The Phase 2 Extension Project for the Mass Rapid Transit System (MRTS) from Velachery to St. Thomas Mount railway stations is expected to be completed by the end of July. However, the overall commissi .

Nine companies bid for Kanpur Metro Line-2 Underground Work
Infrastructure - Jul 14,2023
Nine companies, including three in a consortium, have submitted bids for Line-2 of the Kanpur Metro in Uttar Pradesh, India. The 8.6 km long line will connect Rawatpur and Jaurali with eight stops. Th .