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Latest News - March 7, 2026

TVS Mobility and Palfinger to set up Rs. 350 crore manufacturing plant
Automotive Industries   -   Feb 23,2026
TVS Mobility and Austrian firm Palfinger have formed a joint venture to establish a ₹350 crore manufacturing plant in Pune. The facility will produce advanced lifting equipment, including truck-moun...

Lohta to get Rs. 274 crore sewage treatment plant
Environment   -   Feb 23,2026
A ₹274.31 crore sewage treatment plant is being established in Lohta, Varanasi, under the Namami Gange mission. The 60 MLD facility aims to intercept the Durga Drain, preventing untreated waste from...

Rs. 4,282 crore approved to propel Tamil Nadu shipbuilding cluster
Infrastructure   -   Feb 20,2026
The Tamil Nadu government, in its 2026 Interim Budget, has allocated Rs. 4,282 crore to the Industries Department to anchor a mega shipbuilding cluster in Thoothukudi (Tuticorin). Developed via a 50:5...

Tamil Nadu secures four aerospace and defence MoUs worth Rs. 1,600 crore
Manufacturing   -   Feb 20,2026
In a major push for the Tamil Nadu Defence Industrial Corridor, the state government (via TIDCO) signed four landmark MoUs in February 2026 valued at Rs. 1,600 crore. These projects, spanning precisio...

Union Minister approves Rs. 1,464 crore Tricity ring road link
Infrastructure   -   Feb 20,2026
Union Minister Nitin Gadkari has approved the construction of a 10.3-km, six-lane greenfield spur for the Tricity region at a cost of Rs. 1,463.95 crore. This access-controlled corridor will connect t...

Italy’s MIR Group to set up manufacturing facility in Mangaluru
Manufacturing   -   Feb 20,2026
Italy’s MIR Group is launching its Indian manufacturing debut with a new facility in Mangaluru, Karnataka. Chosen for its superior port connectivity and infrastructure, the plant will focus on indus...

Bihar signs Rs. 468 crore tech MoUs at AI summit
Industrial Products   -   Feb 20,2026
Bihar signed ₹468 crore in tech MoUs at the India AI Impact Summit 2026. Major projects include a ₹250 crore Research Park at IIT Patna and a ₹60 crore AI Centre of Excellence. These initiatives...

FedEx to invest Rs. 2,500 crore in Navi Mumbai air cargo hub
Infrastructure   -   Feb 20,2026
FedEx is investing ₹2,500 crore to establish a 300,000 sq ft automated air cargo hub at Navi Mumbai International Airport. Partnering with Adani Airport Holdings, the facility will feature advanced ...




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