CapEx News - Nov 2024

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Project News & Updates - Nov 2024


Karnataka plans Rs 650 crore for space, defence manufacturing park
Manufacturing  -  Nov 29,2024
Karnataka plans a Rs 600-650 crore space and defence manufacturing park as part of a public-private partnership. The initiative aims to capture 50% of India’s space market by 2029, create specialize .


Sealmatic inaugurates its new manufacturing unit in Kaman Vasai
Manufacturing  -  Nov 29,2024
Sealmatic India inaugurated a new 25,000 sq ft manufacturing facility in Kaman Vasai, enhancing its production capacity by 65%. The facility, operational since November 26, 2024, focuses on producing .


Radisson Group signs two new hotels in Nashik and Odisha
Hospitality and Healthcare  -  Nov 28,2024
Radisson Hotel Group will debut Park Inn & Suites by Radisson in Puri, Odisha, opening in mid-2025 with 62 rooms, a pool, gym, and modern amenities. Developed by Prabhukrupa Estates, it offers prime a .


Interarch Building Products begins construction of phase 2 manufacturing unit in Andhra Pradesh
Manufacturing  -  Nov 28,2024
Interarch Building Products is expanding its Andhra Pradesh manufacturing unit with a second phase, operational by April 2025, while upgrading its Kichha, Uttarakhand plant to handle multi-storey buil .


Mahindra and Sumitomo announce strategic JV to expand Tamil Nadu’s industrial park
Infrastructure  -  Nov 28,2024
Mahindra World City Developers, Sumitomo Corporation, and Mahindra Industrial Park Chennai will invest Rs 225 crore to expand their 307-acre industrial park in Tamil Nadu. Focusing on land acquisition .


Sembcorp appointed to build 300 MW wind-solar project for NTPC
Power Generation  -  Nov 28,2024
Sembcorp Industries will build, own, and operate a 300-MW wind-solar hybrid project for NTPC under a 25-year power purchase agreement. Slated to start within 24 months, the project boosts Sembcorp&apo .


Welspun One launches Rs 2,700 crore warehousing
Infrastructure  -  Nov 28,2024
Welspun One is investing Rs 2,700 crore to develop India's largest single-location Grade A warehousing and industrial park at JNPA SEZ, Navi Mumbai. Spanning 55 acres with 4.45 million sq ft buil .


Hyundai Motor India partners with FPEL to set up RE plants in Tamil Nadu
Power Generation  -  Nov 28,2024
Hyundai Motor India (HMIL) has partnered with Fourth Partner Energy (FPEL) to develop renewable energy plants in Tamil Nadu, investing Rs 38 crore. The project includes a 75 MW solar and 43 MW wind pl .


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