CapEx News - May 2024

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Project News & Updates - May 2024


BPCL boosts capabilities with new hydrant facilities at Manohar International Airport
Petroleum  -  May 22,2024
Bharat Petroleum Corporation Limited (BPCL) inaugurated advanced hydrant facilities at Manohar International Airport, Goa. This strategic move aims to meet escalating refueling demands at the new airp .


Balu Forge Industries expands forging capacity
Manufacturing  -  May 22,2024
Balu Forge Industries Ltd (BFIL) is expanding with a new forging capacity of 72,000 tons annually in Belagavi, Karnataka. This includes acquiring three new forging production lines and integrating adv .


Dalmia Bharat boosts capacity with new cement mill of 1 million tonnes
Building Materials  -  May 22,2024
Dalmia Bharat Limited (DBL) installs a new cement mill at its Ariyalur facility in Tamil Nadu, increasing capacity by 1 million tons. With a Rs 204 crore investment, the expansion aims to meet rising .


Naturals Dairy to invest Rs 150 crore in Patna
Hospitality and Healthcare  -  May 21,2024
Radisson Blu will open a five-star hotel in Patna by 2026, investing Rs 150 crore. An MoU was signed between KB Kachru, Radisson Blu's South Asia Chairman, and Hemant Kumar Das, CEO of Naturals D .


Manglam Group joins hands with Marriott
Hospitality and Healthcare  -  May 21,2024
Manglam Group and Marriott are launching Westin Jaipur, a 140-key resort near Jaipur with a Rs 150 crore investment. Opening in October, the 8-acre resort on the Delhi-Jaipur highway will feature eigh .


Steelbird Hi-Tech plans major expansion to boost helmet production
Manufacturing  -  May 21,2024
Steelbird Hi-Tech aims to sell 10 million helmets in FY24-25 by expanding its Baddi plant to 50,000 units per day with a Rs 105 crore investment and establishing a new facility in Hosur, Tamil Nadu wi .


IHG Hotels and Resorts to debut Crowned Plaza in Punjab
Hospitality and Healthcare  -  May 21,2024
IHG Hotels & Resorts will open its first Crowne Plaza in Amritsar by Q4 2028, through a management agreement with SLRV Hotels Pvt Ltd. The 136-key Crowne Plaza Amritsar Airport will be IHG's four .


Wabtec Corporation inaugurates Rs 230 crore plant in Rohtak
Manufacturing  -  May 21,2024
Wabtec Corporation inaugurated a Rs 230 crore manufacturing plant in Rohtak, Haryana, initially investing Rs 150 crore with an additional Rs 80 crore planned. The 10,000 square meter facility will pro .


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