CapEx News - Jun 2025

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UP set to develop Rs 700-crore EV manufacturing park on 500 acres in Kanpur
Manufacturing - Jun 17,2025
The Uttar Pradesh government plans to invest ₹700 crore to develop a 500-acre EV park near Kanpur under the PPP model. Led by UPSIDA, the project aims to boost EV manufacturing, strengthen the suppl .

NTPC Group developing 20 GW pumped storage projects
Power Generation - Jun 17,2025
NTPC Group is developing 20 GW of pumped storage projects (PSPs) across India to enhance grid stability and support renewable energy integration. Aiming for 3–5 GW operational by 2031–32, this ini .

Ultraviolette Automotive to boost production capacity
Automotive Industries - Jun 17,2025
Ultraviolette Automotive plans to expand its manufacturing capacity beyond the current 30,000 units annually in Bengaluru. Aiming for 3 lakh vehicles by 2028, the company is in talks with states for a .

Ahaan Solar pushes forward with 2 GW Solar Module Manufacturing Plant
Power Generation - Jun 17,2025
Ahaan Solar, part of Airox Nigen Equipments, will launch the first 600 MW phase of its 2 GW solar module plant in Haryana by mid-2025, using advanced TOPCon technology. The 17-acre clean energy park w .

DCVMI inaugurates new manufacturing facility in Cikarang
Manufacturing - Jun 16,2025
Daimler Truck has opened a new IDR 500 billion manufacturing plant in Cikarang, Indonesia, operated by Daimler Commercial Vehicles Manufacturing Indonesia. With a 5,000-unit annual capacity, it will a .

A new IT Park initiative to transform Nashik
Infrastructure - Jun 16,2025
Maharashtra’s MIDC has acquired 25 acres in Rajur Bahula for an IT Park, with plans to add 15 more acres. State Minister Uday Samant highlighted its economic impact. The site will also host a perman .

Max Aerospace to establish Rs 8,000 crore helicopter factory in Nagpur
Infrastructure - Jun 16,2025
Max Aerospace & Aviation Pvt. Ltd. will invest ₹8,000 crore to establish Maharashtra’s first helicopter manufacturing plant in Nagpur, starting operations in 2026. Signed with the state industries .

Three more companies allotted land at SIPCOT industrial estate in Tamil Nadu
Infrastructure - Jun 16,2025
UltraMarine, Jamil Steel, and PepsiCo India Holdings have received land at SIPCOT’s Manapparai industrial estate in Tiruchi. With this, 16 companies now hold plots, mostly on 99-year leases. Seven f .