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CapEx News

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Latest News - January 21, 2026

Hindalco plans to enter solar module manufacturing
Power Generation   -   Sep 25,2024
Hindalco Industries, part of the Aditya Birla Group, plans to enter solar module manufacturing with a plant in Mundra, Gujarat. The company is developing a five-year strategy in this competitive secto...

Rs 263 crore approved for flyover & underpasses to boost North Gujarat’s connectivity
Infrastructure   -   Sep 25,2024
The Gujarat government has allocated ₹263 crore for key road projects, including a six-lane flyover at Radhanpur Crossroads and two underpasses at Nagalpur and Unava. Additionally, ₹3,100 crore is...

Power Grid wins transmission project in Gujarat
Power Generation   -   Sep 25,2024
Power Grid Corporation of India (POWERGRID) has won a transmission project under tariff-based competitive bidding. The project involves installing STATCOMs at Khavda Pooling Stations 1 and 3 in Gujara...

PM Modi launches GSECL’s 15 MW solar power project in Morbi
Power Generation   -   Sep 25,2024
Prime Minister Narendra Modi inaugurated a 15 MW solar power project in Morbi, Gujarat, developed by GSECL at a cost of ₹94.5 crore. The project will generate 30.88 million units annually, reducing ...

Michelin invests Rs 563 crore to expand Tamil Nadu plant
Manufacturing   -   Sep 25,2024
Michelin India has begun constructing a new tyre manufacturing facility in Tiruvallur, Tamil Nadu, with an investment of ₹563.67 crore. The plant, based on Industry 5.0 principles, will feature adva...

Srichakra triples capacity for Bottle-Grade rPET production
Manufacturing   -   Sep 25,2024
Srichakra Polyplast has commissioned two additional Starlinger PET bottle-to-bottle recycling lines at its facility near Hyderabad, Telangana, expanding its operations. This expansion triples the comp...

Foxconn eyes $1 billion display module plant in Tamil Nadu
Manufacturing   -   Sep 25,2024
Foxconn plans to invest $1 billion to establish its first smartphone display module facility in Tamil Nadu, aimed at supporting Apple’s iPhone production. Located in Oragadam, near Chennai, the 500,...

JSW is moving its mega EV bet to Maharashtra
Automotive Industries   -   Sep 25,2024
The JSW group plans to relocate its Rs 40,000-crore electric vehicle (EV) and battery project from Odisha to Maharashtra, specifically considering Aurangabad and Nagpur. This decision follows a memora...




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