CapEx News - Jun 2024

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Project News & Updates - Jun 2024


Escorts Kubota shelves plan to establish new plant in Rajasthan
Equipment  -  Jun 24,2024
Escorts Kubota has scrapped plans for a new manufacturing plant at Ghiloth, Rajasthan, due to non-compliance with project requirements. The company, poised to invest Rs 4,500 crore over 3-4 years, is .


Google's plan to establish drone manufacturing facility in Tamil Nadu
Manufacturing  -  Jun 24,2024
Tamil Nadu Chief Minister M K Stalin's meeting with Alphabet officials signals Google's plans to establish a drone manufacturing factory in the state, boosting Indian drone manufacturers. Go .


Hindustan Zinc, AEsir Tech team up for developing next-gen zinc batteries
Metallurgical Industries  -  Jun 24,2024
Hindustan Zinc has partnered with AEsir Technologies, Inc. to develop advanced zinc batteries, aiming to leverage zinc's attributes like recyclability and environmental benefits for energy storag .


Afcons secures Kochi Metro Phase 2’s construction contract
Infrastructure  -  Jun 24,2024
Afcons Infrastructure secured a Rs. 1141.32 crore contract from Kochi Metro Rail Ltd. for Package KBC3 of Kochi Metro’s Phase 2 project. This involves constructing an 11.2 km elevated Pink Line with .


Japanese group wants to set up next-gen industrial park in UP
Infrastructure  -  Jun 24,2024
Marubeni Corporation, a Japanese conglomerate, aims to develop a next-generation industrial park in Uttar Pradesh, leveraging its global experience in similar projects like Dalian Industrial Park in C .


Afcons bags Kasheli–Mulund water tunnel’s contract in Mumbai
Infrastructure  -  Jun 24,2024
Afcons Infrastructure secured the contract for constructing a water conveyance tunnel in Mumbai's eastern suburbs, connecting Kasheli to Mulund's Octroi Naka. The project, part of BMC's .


Gujarat govt to build 2 new bridges to replace old ones
Infrastructure  -  Jun 24,2024
The Gujarat government approved construction of two new bridges in north Gujarat costing Rs 399 crore, replacing outdated structures on Radhanpur-Chanasma and Mehsana-Himmatnagar highways. The project .


IHCL announces the signing of a sixth Taj Hotel in Goa
Hospitality and Healthcare  -  Jun 24,2024
IHCL announced a new Taj hotel in Anjuna, North Goa, spread over 17 acres with 170 rooms. The beachfront resort offers stunning Arabian Sea views and features diverse dining options, a spa (J Wellness .


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