CapEx News - Dec 2024

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Project News & Updates - Dec 2024


The Fern Hotels & Resorts announces new retreat in Karjat
Hospitality and Healthcare  -  Dec 06,2024
The Fern Hotels & Resorts is expanding its presence in Maharashtra with the launch of The Fern Misty Hills Resort in Karjat. The under-construction property will feature 74 rooms, a 1,000 sq. ft. indo .


Serentica to invest Rs 50,000 crore in renewables in Rajasthan
Power Generation  -  Dec 06,2024
Serentica Renewables has announced a Rs 50,000 crore investment to develop 10,000 MW renewable energy capacity in Rajasthan. The company aims to support the state's clean energy transition, with .


Maharashtra's Chakan home to IHCL's new property
Hospitality and Healthcare  -  Dec 06,2024
IHCL (Indian Hotels Company Limited) has signed a Ginger hotel in Chakan, Maharashtra, as part of its strategy to expand in key industrial hubs. The 210-key hotel will offer modern amenities, includin .


Moments by The Machan launched in Karjat
Hospitality and Healthcare  -  Dec 05,2024
Machan Resorts introduces Moments by The Machan, its midscale hospitality brand, debuting with a 42-room property in Karjat. Positioned for "casual comfort," it offers curated stays blending modern am .


VOC Port Authority reissues tender for Rs 7,056 crore Outer Harbour Project
Infrastructure  -  Dec 05,2024
The VOC Port Authority, Thoothukudi, has reissued an RFP for its Rs 7,056 crore outer harbour project after initial bids were disqualified. Revised eligibility criteria aim to attract more bidders. Th .


Food processing sector sees signing of Rs 2,181 crore worth LoIs in Bihar
Food Processing  -  Dec 05,2024
The Bihar government secured 14 LoIs worth Rs 2,181 crore during the Food Processing Investors' Meet 2024, creating 4,175 jobs. Key projects include Grus & Grade's Rs 905 crore poha plant an .


NXP Plans significant Rs 8,400 crore R&D investment in Bengaluru
Manufacturing  -  Dec 05,2024
Karnataka Minister M B Patil, during his Netherlands visit, secured NXP’s commitment to channel a major share of its Rs 8,400 crore R&D investment to Bengaluru and discussed Philips' Innovation .


Meghalaya CM unveils foundation stone for Shillong Ropeway Project
Infrastructure  -  Dec 05,2024
Meghalaya CM Conrad K Sangma unveiled the Shillong Ropeway Project foundation stone, earlier laid by President Droupadi Murmu. The Rs 175 crore project, Meghalaya's first passenger ropeway, will .


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