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CapEx News

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Latest News - January 15, 2026

Electrosteel Castings to establish plant in Odisha
Metallurgical Industries   -   May 15,2024
Electrosteel Castings, a leading ductile iron pipes producer, plans a new DI pipe and fittings plant in Odisha, signaling expansion and diversification. The board approved the project, aiming for a ca...

IKEA partners with Rhenus to set up warehouse in Delhi-NCR near Gurugram
Manufacturing   -   May 15,2024
IKEA partners with Rhenus to build a 1.5 lakh sq ft warehousing facility near Gurugram for home delivery in Delhi-NCR. Scheduled to start operations early next year, the site offers strategic logistic...

Phoenix Mills to build hotels in Bengaluru, Mumbai
Hospitality and Healthcare   -   May 15,2024
Phoenix Mills, a Mumbai-based property developer, plans hotel expansions, including a 400-key premium hotel in Bengaluru's Marketcity, managed by Hyatt under the Grand Hyatt brand. They also acqu...

Siemens announces capex of over Rs 1,000 crore
Manufacturing   -   May 15,2024
Siemens Limited announces major expansions in two of its Indian factories, aligning with previous capacity increases. The total capital expenditure exceeds Rs 1,000 crore, emphasizing growth and innov...

Praveg secures 30-year land lease in Jawai, Rajasthan
Hospitality and Healthcare   -   May 15,2024
Praveg Limited, a premier eco-responsible luxury resorts company, announces a new land lease for Cave Resort in Jawai, Rajasthan. Exploiting Jawai's scenic beauty, the resort will feature luxury ...

Shyam Metallics plans Rs 810 crore investment
Metallurgical Industries   -   May 15,2024
Shyam Metalics and Energy Ltd's Board of Directors approved a CAPEX of Rs. 810 crore for manufacturing Flat Rolled Aluminium Products, Aluminium Foils, Stainless Steel Bright Bars, and SS Wire Ro...

Flair Writing Industries Limited holds groundbreaking ceremony for new facility
Manufacturing   -   May 15,2024
Flair Writing Industries Limited begins construction of a new 180,000 sq ft facility in Valsad, Gujarat, featuring manufacturing units, a warehouse, and an administrative block. Additionally, a 50,000...

Netweb Technologies inaugurates high-end computing systems manufacturing facility at Faridabad
Manufacturing   -   May 14,2024
Netweb Technologies inaugurates India's flagship high-end computing servers, storage, and switch manufacturing facility in Faridabad, supporting the "Make in India" initiative. The facility showc...




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