CapEx News - Dec 2024

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Project News & Updates - Dec 2024


Amazon Data Services buys 38 acres of land from Lodha Group for Rs 450 crore
Manufacturing  -  Dec 05,2024
Amazon Data Services Pvt Ltd purchased a 38-acre land parcel in Ambernath, near Mumbai, from Macrotech Developers (Lodha Group) for Rs 450 crore, with a stamp duty of ₹27 crore. This purchase aligns .


Andhra Pradesh greenlights Rs 22,507 crore Metro projects for Visakhapatnam, Vijayawada
Infrastructure  -  Dec 05,2024
The Andhra Pradesh government has approved the first phases of metro rail projects for Visakhapatnam and Vijayawada, with a total investment of Rs 22,507 crore. Visakhapatnam's project involves 4 .


Club Mahindra to expand Kandaghat Resort with over 100 new keys
Hospitality and Healthcare  -  Dec 05,2024
Club Mahindra, part of Mahindra Holidays & Resorts India, is expanding its Kandaghat resort in the Himalayas by adding over 100 room keys, with plans for 40 more by Q1/FY26. The expansion aims to enha .


Camfil opens new manufacturing facility in India
Manufacturing  -  Dec 05,2024
Camfil India has inaugurated a state-of-the-art manufacturing facility in Manesar, Gurgaon, to increase production capacity for high-efficiency filters, including HEPA and Hi-Flo filters. The facility .


Suzlon energy secures 302.4 MW wind project from Jindal Renewables
Power Generation  -  Dec 05,2024
Suzlon Energy has expanded its partnership with Jindal Renewables by securing an additional 302.4 MW wind project in Karnataka, bringing the total capacity to 702.4 MW. Suzlon will supply 96 wind turb .


Vertex sets up greenfield plant in Balsar to get first-mover advantage in labels
Manufacturing  -  Dec 04,2024
Vertex, a leading platemaking company in Rajkot, diversified into flexo printing by establishing Vimal Flexoprint and a label plant in Balsar. The decision was driven by a 300% rise in digital printin .


North Bengal to get a new processing unit
Food Processing  -  Dec 04,2024
The West Bengal government plans to establish a food processing unit in north Bengal, focusing on maize and poultry feeds, with operations expected by 2025. Additionally, a proposal for a mishti (swee .


Tata Power Renewables commissions 431 solar project in MP
Power Generation  -  Dec 04,2024
Tata Power Renewables Energy (TPREL) has commissioned a 431 MW DC solar project in Neemuch, Madhya Pradesh, spanning 1,635.63 acres. Featuring single-axis trackers and bi-facial modules, the project b .


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