CapEx News - Dec 2024

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Project News & Updates - Dec 2024


Karnataka govt inks MoU with Krones to set up facility in Kolar
Manufacturing  -  Dec 12,2024
Germany-based Krones has signed an MoU with the Industries Department to establish a manufacturing facility in Vemagal Industrial Park, Kolar, Karnataka. The Government of Karnataka has assured suppor .


INOXGFL Group forays into solar manufacturing, plant to be operational next year
Power Generation  -  Dec 12,2024
INOXGFL Group, through Inox Solar, plans to set up a 5 GW solar module and 2.5 GW solar cell manufacturing capacity by 2026 with an investment of Rs 1,500 crore. The company will also offer turnkey EP .


SSCL to develop hospitality projects in Rajasthan
Hospitality and Healthcare  -  Dec 12,2024
Saboo Sodium Chloro (SSCL) has signed MoUs with the Rajasthan government to develop hospitality projects, including a Rs 400 crore Samskara Resort and a Rs 85 crore resort. Through its associate, Vill .


Schneider Electric to build PCB plant in Karnataka
Manufacturing  -  Dec 12,2024
Schneider Electric announced plans for a new PCB manufacturing facility, creating 5,000 jobs. This was discussed during a meeting with Karnataka Industries Minister MB Patil in Paris as part of the In .


Zepto and NX Logistics set up warehousing facilities at Sumadhura Logistics Park
Infrastructure  -  Dec 12,2024
Sumadhura Group leased 1.8 lakh sq. ft. of warehousing space at Sumadhura Logistics Park in Bengaluru to Zepto and NX Logistics India. This facility will support Zepto’s growing operations, offering .


Vedanta Group to invest Rs 1 lakh crore in zinc and oil
Chemicals  -  Dec 12,2024
Vedanta Group plans to invest Rs 1 lakh crore to increase zinc and oil production and establish an industrial park. The investment will create 5 lakh jobs and foster industrial growth, providing a pla .


Livguard plans capex of Rs 3,360 crore to increase battery capacity
Manufacturing  -  Dec 12,2024
Livguard plans to invest Rs 3,360 crore to expand its battery capacity to 25 GWh over the next five years. The funding will come from equity and debt. The company has set up a 12 GWh battery capacity, .


Karnataka Power Corporation floats tender for 20 MW solar PV project
Power Generation  -  Dec 12,2024
Karnataka Power Corporation has issued a tender for a 20 MW ground-mounted Solar PV Project at Bidadi, Ramanagara district. The project includes civil, structural, mechanical, electrical, and instrume .


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