CapEx News - Jun 2023

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Project News & Updates - Jun 2023

Check out how many bids received for Seventh Coal Mine Auction
Mining  -  Jun 30,2023
On June 28, the bids for the sale of 103 coal/lignite mines were opened electronically in the presence of bidders. A total of 35 bids were received under two tranches of commercial coal mine auctions .

Civil hospital to be established in Anand at a cost of Rs 160 crore
Hospitality and Healthcare  -  Jun 30,2023
The construction of Anand's civil hospital is estimated to cost Rs 160 crore and is expected to begin in October 2023. The hospital will have a total area of 29,000 square metres, with 5,000 squ .

Construction-based company to expand production capacity in India
Building Materials  -  Jun 30,2023
Sika is constructing a new plant in Kharagpur, eastern India, to expand production capacity in the fast-growing Indian market. The plant will manufacture shotcrete accelerators, concrete admixtures, .

German company inaugurates new manufacturing unit at Savli site
Automotive Industries  -  Jun 30,2023
German company Schaeffler is opening a new manufacturing unit at its Savli site in Gujarat, India. The expansion will increase the plant's manufacturing capabilities by over 10,000 square meter .

Top tyre manufacturer completes first phase of capacity expansion in MP
Automotive Industries  -  Jun 30,2023
JK Tyre & Industries has invested Rs 312 crore to expand its passenger car radial tyre production facility in Madhya Pradesh. The first phase of expansion will increase the plant's annual output .

Taiwanese electric mobility giant to invest $1.5 billion in Maharashtra
Automotive Industries  -  Jun 30,2023
Taiwanese electric mobility company Gogoro will invest over $1.5 billion in Maharashtra, India, to develop a state-wide battery swapping and charging infrastructure. The investment falls under the Ul .

Tender floated to develop 1.5 MW solar project at IIM-Bodh Gaya
Power Generation  -  Jun 30,2023
NTPC VidyutVyapar Nigam (NVVN), a subsidiary of NTPC, has initiated a bidding process for the establishment of a 1.5 MW grid-connected solar power project at IIM-Bodh Gaya. The project includes vario .

Mobile component manufacturer to establish Rs 250 core unit in Belagavi
Automotive Industries  -  Jun 30,2023
Mobile components manufacturer SFS plans to invest $250 billion to open a facility in Belagavi. The company has approached the government for assistance in acquiring 30 acres of land. SFS, which alrea .

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