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Recent Projects News

Ajay Ingot Files IEM for Steel Ingot & Billet Unit In Western India 


Ajay Ingot Rolling Mill Private Limited has filed IEM for steel ingot and billets manufacturing unit in dist.Raigarh, Chattisgarh.

 

PVR Cinemas Plans To Invest Rs.1,000 Cr To Open 400 Screens 


PVR Cinemas is planning to open 400 screens across India by 2020. To achieve, it plans to open screens in Chennai, Pune, Mysuru, Kota (Rajasthan), Hyderabad, Karnal (Haryana), Jammu, Bengaluru and Delhi. Each screen will involve an investment of close to Rs.2.5 crore. Meanwhile, the company is more focussed to open screens in tier-II and tier-III cities in India.

Extracted from HBL, June 21,’17

 

Dell, IBM, HP In Race To Develop World-Class Data Centre In Odisha 


Software Technology Parks of India is planning a world-class data centre in Bhubaneswar, Odisha. The centre will be built at a cost Rs 30 crore within the STPI’s own office in Bhubaneshwar. Dell, IBM, HP have evinced interest to develop the same. Apart from these technology firms, engineering company Sterling and Wilson and infrastructure development company IL&FS are also in the race to build the centre. The work of setting up the world class data centre will be completed within 180 days after the finalisation of bids.

Extracted from BS, June 20,’17

 

Realty Majors In Race To Upgrade Mumbai Railway Stations 


Indian Railways is planning to modernize railway stations at Bandra Terminus, Mumbai Central, Lokmanya Tilak Terminus, Borivali and Thane in Mumbai, Maharashtra at an estimated cost of Rs. 10,000 crore. The bidding process will start in August and the stations awarded in early 2018.Tata Realty, Shapoorji Pallonji, IL&FS, Reliance Infrastructure, Raheja Group and Essel Infra are evinced interest for the project. The builders will get commercial exploitation rights for railway land for 45 years in lieu of redeveloping and modernising the existing stations. The stations will be awarded under the Swiss challenge method.

Extracted from ET, June 19,’17

 

Minda Kosei Aluminium Wheels Files IEM For Wheels Manufacturing Unit In Western India 


Minda Kosei Aluminium Wheels Private Limited has filed IEM for an aluminium wheels manufacturing unit in dist. Ahmedabad, Gujarat.

 

Bandhan Bank To Open 160 Branches More 


Bandhan Bank is planning to open 160 branches to reach the 1000 mark by the end of this financial year (2017-18) in India. The bank currently has 840 branches spread across different states in India. Meanwhile, it is also planning to introduce mutual fund and insurance service by September 2017.

Extracted from BS, June 18,’17

 

Samsung Launches Digital Academy In Hyderabad 


Samsung India, in partnership with Telangana Academy for Skill and Knowledge, has launched the Samsung Digital Academy in Hyderabad. The academy will train students on Internet of Things through Tizen operating system, helping them learn industry-relevant skills and making them job-ready. The course is of 12-week duration and includes classroom lectures, assignments or lab room sessions, self-study and mini projects.

Extracted from HBL, June 16,’17

 

Ziox Mobiles To Invest Rs 100 Crore In Greenfield Noida Plant 


Ziox Mobiles is planning a greenfield mobile handset manufacturing unit in Noida. The proposed Noida plant would have a capacity to manufacture a million handsets every month over its six assembly lines. Approximate cost of the plant is around Rs.100 crore.

Extracted from BS, June 15,’17

 

Temple Packaging Files IEM For Containers Unit In Madhya Pradesh 


Temple Packaging Private Limited has filed IEM for HDPE containers unit in dist. Dhar, Madhya Pradesh.

 

Sathyam Cinemas To Have 25 More Screens In South By March Next 


Sathyam Cinemas is expanding its presence across the South India with an additional 25 screens by March 2018. It plans new launches in Puducherry, Hyderabad, Bengaluru and Mumbai in the next 9-12 months. The company is also looking to grow beyond metros and will look at tier-II cities in Telangana, Andhra Pradesh and Tamil Nadu. 

Extracted from HBL, June 14,’17

 

Intel To Invest Rs.1,100 Crore in R&D Centre 


Intel will invest Rs. 1,100 crore in its upcoming R&D centre. This investment is a part of its India expansion plans. The proposed facility will be located at Intel’s 44 acre campus on Sarjapur Ring Road (SRR) in Bengaluru, which hosts other tech giants such as Oracle, HP and others.

Extracted from HBL, June 14,’17

 

Andhra Pradesh Nod For Biz Proposals Worth Rs 3,800 Crore 


Andhra Pradesh State Investment Promotion Board on 13th June 2017 has cleared six investment proposals worth over Rs. 3,800 crores from marquee investors including KCP, Chettinad Cement, Rain Group, Mohan Spintex, Indo Count and Vishwaa Apparels.

Extracted from ET, June 14,’17

 

Safdarjung To Open Largest Trauma Centre 


Safdarjung Hospital has decided to throw open to public its new emergency block by July 2017. It will have 500 beds, including nearly 100 ICU beds and 17 operation theatres. The super speciality-cum-paid ward is also ready and it will be made operational soon, in addition to the emergency block. The super speciality block will have 850 beds for specialities such as cardiac surgery, neurosurgery and urology, among others.

Extracted from TNN, June 13,’17

 

Tata Trusts To Construct Cancer Care Facility In Tirupati 


Tata Trusts has signed a MoU with Tirumala Tirupati Devasthanams for the construction of a cancer centre in Tirupati, Andhra Pradesh on 25 acres of land. It will be a comprehensive centre, with in and out-patient facilities, diagnostics, therapeutics, rehabilitation and other such support services. In a phased manner the centre will house Operation theaters, linear accelerators for Radiation Oncology, Brachytherapy and a Bone Marrow Transplant unit.

Extracted from HBL, May 07,’17

 

Dell To Set Up Data Centre In AP 


Dell, the IT major, is planning to set up a data centre at Amravati, Andhra Pradesh. Moreover, a total of 28 small US-based IT companies have also agreed to start operations at Amaravati and Visakhapatnam.

Extracted from HBL, May 07,’17

 

Oil Marketing Companies To Invest Nearly Rs 30,000 Cr In India 


Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation are set to expand its LPG infrastructure in the next three years in India with the investment of Rs.30,000 crore. The investment push is aimed at achieving 95 per cent LPG penetration in India by 2020.

Extracted from BS, May 06,’17

 

UM Motorcycles Opens New Showroom In Ahmedabad 


UM Lohia Two Wheelers, the Indian arm of American motorcycle maker UM International, has inaugurated its dealership in Ahmedabad in May 2017. The dealership includes display space, service centre along with the entire range of UM accessories and apparel.

Extracted from ET, May 05,’17

 

Gujarat Chief Minister Shri Vijay Rupani Inaugurates Industrial Park For Women Entrepreneurs 


The Gujarat Chief State Chief Minister, Shri Vijay Rupani, has inaugurated an exclusive industrial park for women entrepreneurs near Sanand, Gujarat. Spread over 18.32 hectares of land, the units that will come up at the park, will provide jobs to at least 5,000 women workers.

Extracted from FE, May 05,’17

 

Eicher Motors To Invest Rs.1,250 Cr In Motorcycle & CV Businesses In FY18 


Eicher Motors Ltd is planning to invest Rs.800 crore for its Royal Enfield bike manufacturing unit at Vallam Vadagal near Chennai. The unit is expected to commence production in August 2017. Meanwhile, the company has also plans to invest around Rs. 450 crore on its VECV’s commercial vehicle business growth.

Extracted from HBL, May 05,’17

 

SAIL, ArcelorMittal Steel Plant May Be Finalised In May 2017 


SAIL along with Arcelor Mittal to form JV to set up an auto-grade steel plant in India. The JV will be finalised in May 2017. The proposed JV will construct world-class facilities that will offer technologically advanced steel products for India's rapidly growing automotive sector. Approximate cost of the plant is Rs. 5,000 crore.

Extracted from ET, May 04,’17

 

Zara Opens Biggest Store In Mumbai; To Launch Online Store By The End Of 2017 


Zara, a global fast – fashion retailer, has opened its largest standalone street store in Mumbai, Maharashtra. It will also foray into e-commerce by the end of 2017. It has 21 stores in eight cities and plans to open 2-3 stores a year going ahead.

Extracted from ET, May 04,’17

 

Punj Lloyd & Israel's IWI Opens Arms Production Plant In MP 


Punj Lloyd Ltd (through its wholly-owned subsidiary Punj Lloyd Industries Limited) and its JV partner Israel Weapon Industries (IWI) has inaugurated small arms manufacturing plant at Malanpur in Madhya Pradesh. The Rs.200 crore plant is the first private sector small arms manufacturer in India.

Extracted from BS, May 04,’17

 

Lynk Launches Logistics Services In Hyderabad 


Lynk, a Chennai-based technology platform for logistics services, has launched its services in Hyderabad. Lynk is a technology platform for intra-city logistics that connects a shipper with a transporter.

Extracted from HBL, May 04,’17

 

PVR Cinemas Opens Multiplex In Pimpri, Now Eyes S B Road 


PVR Cinemas has opened 5 new screens in Pimpri and is on the way to add 6 more on the Senapati Bapat Road, Pune. The company said it has invested over Rs 50 crore in the city so far and is in the process of investing Rs 20 crore more in the city for 10 more screens at the S.B.Road and Kumar Pacific property (which will be launched later).

Extracted from TNN, May 01,’17

 

IOC To Set Up Rs 600-Crore Plant For Ethanol Production 


Indian Oil Corporation will set up second generation ethanol production unit in Haryana. The unit will use plant waste, stubble, husk and straw to produce 100 kilo litres of ethanol every day. The state government has agreed to provide land either on nominal lease or free of cost. The Rs.600 crore unit is likely to be commissioned in the next two years.

Extracted from ET, May 01,’17

 

NMDC Gets Green Nod For Rs 1,095 Cr Iron Ore Project In Chattisgarh 


NMDC Ltd has received the green nod for setting up of Rs 1,095 crore iron ore beneficiation plant  of 4 million tonnes in dist. Dantewada, Chhattisgarh. NMDC had sought the environment clearance for both installation of Iron Ore Beneficiation Plant as well as for Slurry Pipeline System. However, the EC has been granted for setting up of a plant.

Extracted from FE, May 01,’17

 

Ashok Leyland To Invest Rs. 500 Crore In Bus Division 


Ashok Leyland Ltd is planning to set up bus body building plant in Andhra Pradesh, Telangana and Kenya. Besides, it will double the production capacity of the Ras Al Khaimah plant in Dubai. Cumulative investment is around Rs.500 crore, while Rs.120 crore each will be spent on Andhra and Telangana plants. It is seeking 80 acres of land. These plants will have capacity to build 2,000 buses per annum.

Extracted from The Hindu Apr 30,’17

 

Lucknow Metro Commissions Automatic Train Washing Plant To Clean Coaches 


Lucknow Metro Rail Corporation has commissioned the 'Automatic Train Washing Plant' at the Transport Nagar metro depot in Lucknow on April 28,’17. The plant is equipped with air blower facility also to clean the dust of underframe area of train. The minimum washing capacity of plant is 25 numbers of trains per day which can be increased based on future requirements.

Extracted from TNN, Apr 28,’17

 

Aavin To Set Up One More Hi-Tech Parlour In Perambalur 


Aavin plans to set up a hi-tech parlour in Perambalur, Tamil Nadu at a cost of Rs. 70 lakh. The fully air conditioned parlour will house all products of Aavin including flavoured milk, milk shakes, butter, ghee, paneer, badam mix powder, hot badam milk, Ooty tea, buttermilk, milk powder, Aavin ice-cream and other products. The construction activities would begin soon.

Extracted from The Hindu, Apr 24,’17

 

Xiaomi Sets Up New Office In Gurgaon 


Xiaomi, a Chinese smartphone manufacturer, has set up its new office in Gurgaon, NCR, India. The office, second after Bangalore, will house 25 people, part of its total strength of 150.The office will look into its after sales and offline retail, logistics, along with supporting all operations from Bangalore.

Extracted from ET, Apr 24,’17

 

JSW Steel Plans To Hike Capacity To 45 MT By 2030 


JSW Steel, an alloy maker, is planning to increase its manufacturing capacity to 40-45 million tonne by 2030 from the present 18 MT in India, to maintain its 15 per cent share, as national steel policy envisages to increase installed capacity to 300 MT by 2030 from the current 128 MT. JSW has environmental clearances to increase the capacity from its 12 MT to 16 MT at its plant located in Vijaynagar. Meanwhile, it has also received approvals to double the capacity to 10 MT at its plant in Dolvi.

Extracted from HBL, Apr 23,’17

 

ABC Clinic Opens Its 8th Outlet In Coimbatore; On An Expansion Binge 


ABC Clinic, a Beauty and cosmetic clinic chain, has launched its 8th outlet in Coimbatore, Tamil Nadu. The company is planning to open 50 such outlets in the next 18 months within India and in the Middle East countries. It has signed up for 15 more locations across Bangalore, Hyderabad and Pune and all of these will be launched in successive months.

Extracted from HBL, Apr 22,’17

 

Hero Cycles Eyes Setting Up Rs. 400 Cr Project 


Hero Cycles is planning a bicycle manufacturing near Sahnewal in Punjab. The project will come up at the proposed 300-acre ‘cycle valley’ on the outskirts of Ludhiana with an investment of Rs.400 crore. The project would require about 100 acres of land and would lead to doubling of the people involved in the cycle industry from the current 4.5 lakh.

Extracted from HBL, Apr 22,’17

 

Inox Air Products To Invest Rs 645 Cr To Set Up 6 Production Units In India 


Inox Air Products Ltd, an Industrial gases producer, planning to build six air separation (separates atmospheric air into its primary components, typically nitrogen and oxygen, and sometimes also argon and other rare inert gases.) units in India. Approximate cost of investment is Rs.645 crore.

Extracted from BS, Apr 21,’17

 

RIL Starts Commercial Production From Its Madhya Pradesh CBM field 


Reliance Industries has started commercial production of coal bed methane (CBM) from its Sohagpur fields in Madhya Pradesh. The production, which started on March 24,’17 will gradually ramp-up in the next 15-18 months making RIL among the largest unconventional natural gas producers in India.

Extracted from BS, Apr 21,’17

 

Gujarat CM Opens Rs 22-Crore Vocational Training Centre At Ozarpada 


The Gujarat Chief Minister, Vijay Rupani, has inaugurated a vocational training centre built at a cost of Rs 22-crore in collaboration with Atul Private Limited on PPP basis at Ozarpada, Dharampur.

Extracted from TNN, Apr 20,’17

 

NALCO Gets Green Nod For Rs. 4,000 Cr Expansion Project 


NALCO has received env. clearance for its third phase expansion of the alumina refinery complex in dist.Koratpur, Odisha. The proposal is to set up fifth stream with a capacity of 1 MTPA as well as steam-cum co- generation power plant of 18.5 MW capacity. The project requires 25.09 hectare of land, which the company already has under its possession. The estimated cost of the proposed expansion project is Rs. 4,357.20 crore.

Extracted from HBL, Apr 19,’17

 

Meghmani Finechem To Invest Rs 400 Cr On Expansion Projects 


Meghmani Finechem Limited plans expansion of its existing projects and a new project of hydrogen peroxide at its facility in Dahej. Approximate investment is around Rs.400 crore and funded through internal accruals. The project is scheduled to be commissioned by June 30, 2019.

Extracted from HBL, Apr 18,’17

 

V-Mart Retail Opens New Store In Uttar Pradesh 


V-Mart Retail has opened a new fashion store in Uttar Pradesh. With this, tally of its stores in Uttar Pradesh shoot up to 17 composite & 43 fashion stores. Its total number of stores is 142 stores in 122 cities across 14 states, with 37 composite stores & 105 Fashion stores.

Extracted from BS, Apr 18,’17

 

BHEL Commissions 2 Units At Maharashtra Thermal Power Project 


BHEL has commissioned two units of 270 MW thermal power project for RattanIndia Nasik Power Ltd's 5x270 MW thermal power project at Sinnar in dist. Nasik, Maharashtra. With the commissioning of these units, BHEL has commissioned eight sets for RattanIndia in Maharashtra - 3 sets at Nasik and 5 sets at Amravati.

Extracted from ET, Apr 17,’17

 

Vikram Solar Commissions 10 MW Solar Plant In Tirupati 


Vikram Solar has commissioned a 10 MW capacity solar plant for Tirumala Tirupati Devasthanams (TTD) in dist. Chittoor, Andhra Pradesh. The plant convers about 67 acres and the project has been developed under a power purchase agreement with TTD.

Extracted from HBL, Apr 13,’17

 

Sagar Cements To Invest Rs.28 Crore In Captive Power Project 


Sagar Cements will be investing an additional Rs. 28 crore in the ongoing captive power production project and a new solar power plant in India. With this, the total investment in the plant under implementation will go up to about Rs. 98 crore. The board of directors had approved the recommendation of its investment committee to revise the capacity of the coal-based power plant under implementation at its Mattampally plant from 15 MW to 18 MW. It will be funded through borrowings and internal accruals. The project is expected to be commissioned by March 2019.

Extracted from HBL, Apr 12,’17

 

Telit Opens R&D Centre 


Telit, an Internet of Things (IoT)-related technology provider, has opened an R&D centre in Bengaluru. The centre will continue working on Wi-Fi technologies for battery-powered devices along with related intellectual property in embedded software, including network stacks and application reference designs.

Extracted from HBL, Apr 12,’17

 

Hamdard Labs Plans Unit In Aurangabad 


Hamdard Laboratories Ltd a company known for its Unani, health and wellness products and beverages, plans to set up its unit near Aurangabad. This is its fourth unit in India. Approximate cost of the project is around Rs.30-40 crore.

Extracted from HBL, Apr 12,’17

 

Eight New Modern Slaughter-Houses To Be Set Up In Jharkhand 


The Jharkhand state government will build new modern slaughter-houses in Ranchi, Dumka, Dhanbad, Jamshedpur, Deoghar, Medninagar, Hazaribagh and Chas municipal area in the state. These houses will run under PPP mode.

Extracted from BS, Apr 11,’17

 

Ma Foi, Tech Mahindra Foundations Open Smart Centre In Chennai 


The Ma Foi Foundation and Tech Mahindra Foundation has inaugurated a smart centre in Avadi, Chennai. The centre will provide employment-based skill training programmes in the BFSI (banking, financial services and insurance) sector.

Extracted from TNN, Apr 11,’17

 

Specialty Chemicals Firm Aarti Industries To Set Up R&D Centre In Gujarat 


Aarti Industries Ltd (AIL), a speciality chemicals company, with significant presence in pharmaceuticals, plans to establish an R&D and innovation complex at Jhagadia, Gujarat. It will spread over an area of 50,000 sq. ft and will set up with an investment of Rs.75 crore.

Extracted from BS, Apr 11,’17

 

Now, Nasscom Plans To Set Up IoT CoE In Hyderabad 


Nasscom is planning to set up IoT COEs in Hyderabad, Gurgaon, Ahmedabad and Andhra Pradesh. Once approval is granted from the central government, the company will request for space from the state government. This will be set up in a PPP model, wherein half of the funding will come from the central government and half from industry.  

Extracted from TNN Apr 11,’17

 

Yamaha Music To Set Up Plant In Chennai 


Yamaha Music will set up portable keyboards, acoustic guitars and other professional audio equipment manufacturing unit at OneHub Chennai on 28 acres of land. The unit is scheduled to go into operation from January 2019.

Extracted from BS, Apr 11,’17

 

Panasonic, Tata Elxsi To Set Up R&D Unit In Bengaluru 


Panasonic, a consumer electronic major, in association with Tata Elxsi, will set up an R & D unit in Bengaluru. The new R&D centre will develop technologies such as artificial intelligence and robotics for its global operations and also help in product design in local manufacturing.

Extracted from HBL, Apr 10,’17

 

BMC Signs MoU For Greenfield Hospital and Healthcare Network Project In Bhubaneswar 


The Bhubaneswar Municipal Corporation has proposed greenfield hospital and healthcare network in Bhubaneshwar, Odisha. It has signed MoU with the with Hyderabad-based Krishna Institute of Medical Sciences for the same. The project includes setting up a 550 beds multi-specialty hospital at Gadakana and upgrading five BMC-run dispensaries at Kapilaprasad, Bharatpur, Rasulgarh, Bramheswar Patna and Gadakana to primary and secondary health care centres, entailing a budget of Rs 425 crore.

Extracted from NIE, Apr 07,’17

 

Chennai Port Trust Plans To Set Up Off-Site Facility At Jolarpet 


Chennai Port Trust plans to set up an off-site facility at Jolarpet. The facility will be set up in railway land to enable speedy clearance of export and import containers. Southern Railway has given its in-principle approval for the project which needs 55 acres. DPR will be commissioned soon.

Extracted from HBL, Apr 06,’17

 

Emami To Invest Rs 1,000 Cr To Boost Edible Oil Biz 


Emami Group is planning to build three edible oil units one each in Jaipur (Rajasthan), Kandla (Gujarat) and JNPT (Maharashtra). It has allocated Rs.800 crore for the same and also Rs.200 crore for advertisement and promotion of its premium brand — Healthy and Tasty.

Extracted from BS, Apr 07,’17

 

43 Hydro Projects Under Construction 


According to the Indian Minister for Power, Piyush Goyal, 43 hydroelectric projects of capacity 11,908 MW are under construction in India. Out of these 43 projects, 16 are stalled due to financial constraints and other reasons. The total power generation capacity of the 16 projects is 5,163 MW and the anticipated completion cost of these projects would be Rs.52,306 crore while their original cost was Rs.27,027 crore.

Extracted from HBL, Apr 06,’17

 

Thane To Get India’s Biggest Gymnasium 


Tata Housing will build a gymnastics centre in Thane, Maharashtra on 1.5 acres of land. It has signed MoU with the Thane Municipal Corporation for the same. The PPP project will come up at a cost of Rs. 25 crore.

Extracted from TNN, Apr 06,’17

 

Jipmer To Set Up Centre For Robotic Surgery 


According to Dr. S. C. Parija, Jipmer Director, Jipmer will set up a centre for multidisciplinary robot- assisted minimal access surgery to extend the service to people at a more affordable cost. The centre may come up at a cost of Rs.32.67 crore.

Extracted from The Hindu, Apr 06,’17

 

VHP Plans To Set Up 10 New Vedic Vidyalayas 


Vishwa Hindu Parishad (VHP) will set up 10 new schools in north India. These schools are likely to be opened in Madhya Pradesh, Rajasthan, Uttarakhand, Uttar Pradesh, Punjab and Haryana, and the new academic session will begin in July itself.

Extracted from TNN, Apr 04,’17

 

Fortum Commissions 70-MW Solar Project 


Fortum has commissioned a 70 MW solar power plant at Bhadla in Rajasthan. The power plant will operate based on a power purchase agreement with a fixed tariff for 25 years. The PPA has been made with NTPC.

Extracted from BS, Apr 04,’17

 

Wonderla Holidays To Commission Rs. 40 Cr Space Theme Ride In Hyderabad Park 


Wonderla Holidays Limited is in the process of commissioning a Rs. 40 crore space theme ride based on virtual reality in Hyderabad park once various mandatory clearances are secured. It has also plans to invest Rs. 350 crore in the Chennai park where the land acquisition is on the verge of being completed. The company is acquiring about 50-acre site near Mahabalipuram. The funding will be met through internal accruals and debt.

Extracted from HBL, Apr 04,’17

 

Dairy firm Gyan To Invest Rs 200 Crore To Expand Footprint In UP, Bihar 


Gyan, Lucknow based growing dairy company, is planning to expand its footprint in eastern Uttar Pradesh with the investment of Rs.200 crore. It has also plans to set up its distribution network in Assam in the Northeast part of India.

Extracted from BS, Apr 03,’17

 

BHEL Commissions NTPC's New 500 MW Unit In UP 


Bharat Heavy Electricals has commissioned the 500 MW Unit 6 of NTPC's Feroze Gandhi thermal power plant at Unchahar in dist. Rae Bareli, Uttar Pradesh. The project involves manufacture, supply, erection and commissioning of boiler, turbine, generator and associated auxiliaries, among others. It has also commissioned existing five units of 210 MW each of the thermal plant.

Extracted from BS, Apr 03,’17

 

Indian Railway Solar Mission Gathers Steam; Roof Top Plant In Patiala 


Indian Railways Organization for Alternate Fuel has signed an agreement with Bharat Heavy Electricals Ltd for constructing the 2MW roof top solar power plant at the Diesel-Loco Modernisation Works in Patiala under the government's incentive scheme. It will be commissioned within next 10 months.

Extracted from ET, Apr 02,’17

 

Centre's Green Nod To 1,320 MW Khurja Power Project Worth Rs 9,747 Cr In UP 


THDC India along with the UP government is to set up a 1,320 MW coal-based supercritical thermal power project at Khurja in dist. Bulandshahar, Uttar Pradesh. The Indian environment ministry has given the final green clearance with some conditions for the Rs. 9747.5 crore project. About 1,400 acres of land is required for the project, of which 1,200 acres has already been acquired. The coal requirement would be 5.4 million tonnes per annum which will be sourced from the Madhya Pradesh State Mining Corporation.

Extracted from BS, Apr 02,’17

 

AP Rural Bank Opens 13 Branches 


Andhra Pradesh Grameena Vikas Bank (APGVB), sponsored by State Bank of India, has opened 13 new branches taking its total branch network to 768. The new branches are in Khamman, Nalgonda, Warangal (Telangana) and Vizianagaram in Andhra Pradesh.

Extracted from HBL, Mar 30,’17

 

Havmor Ice Cream To Invest Rs.200 Cr For Expansion 


Havmor Ice Cream​ plans to set up its third manufacturing unit in the India. It has also plans to open 250 exclusive ice cream parlours and ​​close to ​reach about ​50,000 retail outlets by the end of FY 18. Approximate investment is around Rs.250 crore.

Extracted from HBL, Mar 29,’17

 

Magneti Marelli Motherson Inaugurates Its New Plant At Bawal, Haryana 


Magneti Marelli Motherson, an Auto component giant, has inaugurated its new automotive lights and air intake systems manufacturing unit at Bawal, Haryana. The unit will have installed capacity of 1,200,000 rear lamps and 900,000 air intake manifolds.

Extracted from ET, Mar 28,’17

 

Hindustan Power Commissions 50 MW Solar Plant In Punjab 


Hindustan Power has commissioned its second solar power plant (50 MW) in Punjab in March 2017. The Rs.325 crore project was awarded by the Punjab Energy Development Agency on bidding route and the PPA has been signed with Punjab State Power Corporation Limited.

Extracted from HBL, Mar 28,’17

 

Berger Starts Commercial Production Of Automotive Paints Plant At Pune 


Berger Paints India has commenced automotive and general industrial paints production at its unit near Jejuri, Pune in Maharashtra. The plant currently has a capacity of 4,800 MT per annum, which will be enhanced to 24,000 MT per annum in phases.

Extracted from ET, Mar 27,’17

 

BHEL Commissions Another 250 MW Eco-Friendly Unit In Gujarat 


BHEL has commissioned a 250 MW eco-friendly unit (lignite-based thermal unit- using low grade coal (lignite) as primary fuel) at Bhavnagar Energy Company’s 2x250 MW thermal power project at Padva in dist. Bhavnagar, Gujarat. The first unit of the project was commissioned earlier in May 2016.

Extracted from ET, Mar 27,’17

 

NTPC Commissions 55-MW Solar Project At Bhadla 


NTPC has commissioned 55 MW solar power project at Bhadla, Rajasthan. With this, the installed capacity of Bhadla solar power project has become 260 MW and that of NTPC’s solar power projects has become 620 MW. NTPC has a planned capacity addition of about 1,000 MW through renewable resources by 2017.

Extracted from HBL, Mar 27,’17

 

flydubai, IIIT-Hyderabad To Set Up Aviation Co-Innovation Lab 


flydubai has signed an agreement with IIIT- Hyderabad, to set up Aviation Co-Innovation Lab at the institute in Hyderabad. The Lab will work on three levels of engagement in the areas of research, aviation challenges and prototyping new technologies from start-up ecosystem.

Extracted from HBL, Mar 27,’17

 

Godrej Properties To Develop Housing Project In Mumbai 


Godrej Properties has signed an agreement with Shivam Realty to develop a housing project at Hanuman Nagar, Kandivali East in Mumbai. The five-acre project will have a saleable area of one million square feet.

Extracted from HBL, Mar 27,’17

 

Hatsun To Set Up Two Green Field Projects 


Hatsun Agro Products, manufacturers of Arun ice creams, Arokya milk and Hatsun curd, plans greenfield units in Coimbatore and Ongole in 2017-18 with the investment of Rs.240 crore. It has also plans to spend Rs.110 crore for marketing. The investments will be met through internal accruals.

Extracted from The Hindu, Mar 26,’17

 

Accor Hotels To Add 9 Hotels In India By Year-End 


Accor Hotels plans to add up to nine hotels in India this year targeting to offer a total of over 10,000 rooms across its properties in the country. The majority hotels will be under Novotel and ibis brands. The French hospitality firm currently has 46 hotels with a total of over 8,700 rooms in India.

Extracted from ET, Mar 26,’17

 

Yaantra Launches Its First Retail Outlet In Delhi 


Yaantra, a start-up which offers doorstep repair services and sells refurbished and pre-owned smartphones with warranty has launched its first retail store at Janakpuri in Delhi. The store will allow customers to purchase refurbished and pre-owned handsets with warranty of all varieties and brands.

Extracted from ET, Mar 24,’17

 

BDA Planning To Construct Shopping Complex On The Vacant Land Of Railway 


The Bareilly Development Authority (BDA) is planning to construct a shopping complex on the 11-acre vacant land of the railways located between Izzatnagar and Shyamatganj area of Bareily, Uttar Pradesh. The authorities also have a plan to construct a road along the shopping complex, which would connect Nainital road to Shyamatganj.

Extracted from TNN, Mar 24,’17

 

DFM Foods Commissions New Extrusion Line At Greater Noida Facility 


DFM Foods has commissioned its new extrusion line at the Greater Noida facility in Uttar Pradesh on 23th March, 2017. With the commissioning of this line, the total capacity of the company has increased from 25308 MT per annum to 35308 MT per annum.

Extracted from BS, Mar 24,’17

 

Brand Akai Looking To Set Up Manufacturing Facility In India 


Akai, a consumer durables brand, is planning to set up a new unit in India in the next three to four years. It has soft-launched its products last year and is focusing on ramping up its product portfolio and distribution in the country. These products are currently being made by contract manufacturers.

Extracted from HBL, Mar 24,’17

 

BHEL Commissions 250-MW unit At Bongaigaon Plant 


BHEL has commissioned a 250-MW coal-fired power unit at Salakati near Bongaigaon in dist. Kokrajhar, Assam. The first unit was commissioned earlier, the third and final unit is in advanced stage of commissioning. BHEL is executing this project for NTPC. (Main plant contract).

Extracted from HBL, Mar 23,17

 

Hidesign To Invest Rs 20 Cr In New Stores, Technology And R&D This Year 


Hidesign, the Pondicherry-based premium leather goods maker, plans to open new stores in airports and to invest in R & D. Currently, it has 8 outlets, and is planning to double its number in the next four months. Approximate investment is around Rs.20 crore.

Extracted from ET, Mar 23,’17

 

Intex Set To Invest Rs.500cr In MP 


Intex Technologies is planning to set up a manufacturing unit for mobiles, air conditioners and consumer durable goods in Madhya Pradesh. The company is in talks with the Madhya Pradesh state government. Approximate cost of the project is around Rs.500 crore.

Extracted from TNN, Mar 23,’17

 

Ayurveda Research Institute To Be Set Up 


The Kerala state government is planning to set up a national research institute for Ayurveda. The institute, to be built in an area of around 300 acres, would have an ayurvedic hospital and museum.

Extracted from The Hindu, Mar 23,’17

 

Deepening And Widening Of Mumbai Harbour Channel and JN Port Channel (Phase-II) 


The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved fresh estimates of the project Deepening and Widening of Mumbai Harbour Channel and JN Port Channel (Phase-II). The cost of the project will be Rs.2029 crore excluding the Service Tax. The entire project cost will be funded through internal resources of JN Port Trust with market borrowing, if necessary. The work is likely to be implemented by inviting global tenders and to be completed within 2 years after its award.

Extracted from PIB, Mar 22,’17

 

Hindalco To Set Up Rs 150 Crore Solar Park In Odisha 


Hindalco Industries is planning to set up a 24 MW solar power plant within the premises of its aluminium plant at Lapanga in dist. Sambalpur, Odisha. The project will come up on 120 acres of land and company plans to invest around Rs.150 crore for the project. It is awaiting for approvals from the Odisha state government authorities which are relevant to solar projects.

Extracted from BS, Mar 21,’17

 

Newly Set Up 3D Theatre Will Be Commissioned On March 24 2017 


The Kerala state Minister for Ports, Museums, Archaeology and Archives, Ramachandran Kadannappally, will inaugurate the newly set up 3D theatre at East Hill Art Gallery and Krishna Menon Museum on March 24,’17. The construction work of the museum was commenced a year ago. The Rs.3.33 crore 3D theatre can accommodate hundred persons at a time.

Extracted from TNN, Mar 21,’17

 

Al Ameen Green, Russian Company To Set Up 100 MW Solar In TN 


Al Ameen Green Energy, a Chennai based Company, has made a tie up with a Russian company Miyota Power for setting up a 100-MW solar power plant near Virudhunagar, Tamil Nadu. Miyota Power will invest $80 million in the project and will also build the plant on turnkey basis.

Extracted from HBL, Mar 21,’17

 

Govt Gives Go Ahead For 18 New Airports Costing Rs 30,000 crore 


The Indian government has issued in principle approval for setting up airports at Mopa (Goa), Navi Mumbai, Shirdi and Sindhudurg (Maharashtra), Bijapur, Gulbarga, Hasan and Shimoga (Karnataka), Kannur (Kerala), Pakyong (Sikkim), Karaikal (Puducherry), Dholera (Gujarat) and Bhogapuram (Andhra Pradesh). Besides, "site clearance" has been given to Machiwara, Ludhiana Airport (Punjab), Itanagar in Arunachal Pradesh, Jamshedpur in Jharkhand, Alwar Rajasthan and Kothagudem in Telangana. These airports will come up at a cumulative cost of Rs.30,000 crore.

Extracted from ET, Mar 21,’17

 

Cinepolis To Have 400 Screens Across India By End-2018 


Cinepolis India, a wholly-owned subsidiary of Mexican chain of movie theatres, plans to increase the number of screens in India from the existing 295 to 400 by the end of 2018. Each of these screens will have an average of 200 seats. Thus, by the end of 2018, it will have around 80,000 seats in India.

Extracted from HBL, Mar 21,’17

 

The Multiplex Major To Invest Close To Rs 15 Crore On The Lounges 


PVR Cinemas has launched a Virtual Reality lounge at one of its properties in Noida. It has also plans to open 10 such zones across India in the next 6-8 months. The average per seat cost will be Rs 25 lakh, while all the lounges will have 4-12 seats. Approximate cost of a lounge will be around Rs.1.5 crore.

Extracted from ET, Mar 20,’17

 

IIM Lucknow To Set Up Incubation Centre Soon 


The Indian Institute of Management, Lucknow will set up an incubation and research centre in its campus. The Small Industries Development Bank of India (Sidbi) has agreed to give Rs 3.5 crore for setting up this incubation centre.

Extracted from HT, Mar 20,’17

 

Welspun India Inaugurates Rs. 150-Cr Facility In Gujarat 


Welspun India Ltd has inaugurated its 2,400 TPA needle entangled advance textile plant at Anjar in Kutch, Gujarat. Approximate cost of the project is around Rs.150 crore. Additionally, it has also invested Rs. 100 crore in a fully automated cut and sew unit in the made-ups segment with a capacity of 10 million units per annum.

Extracted from HBL, Mar 18,’17

 

Dr Weisner To Invest Rs 13 Crore In Next 3 Years To Expand Its Bangalore Facility 


Dr. Wiesner Test and Automation, a Bengaluru based automation company, plans to invest Rs 8 crore in 2017-2018 and Rs 5 crore in 2018-2019. The investment is to set up two more production lines to bump up production to 200,000 units per year from the current 60,000 units per year. It has already invested Rs 20.5 crore in 2016 to set up a production facility at Dabaspet near Bangalore.

Extracted from ET, Mar 17,’17

 

Second Weaving Factory On KSIC Premises 


According to the Karnataka Chief Minister, Siddaramaiah, the second composite weaving factory will be established in the premises of Karnataka Silk Industries Corporation, Mysuru. The state government will give Rs.5 crore to KSIC and the factory is being established at a cost of Rs.24 crore.

Extracted from The Hindu, Mar 16,’17

 

Government Receives Proposals For Setting Up New Airlines 


The Indian Civil Aviation Ministry has received proposals from Ghodawat Enterprises Private Limited, GSEC Limited, Aviation Connectivity and Infrastructure Developers Private Limited for setting up new airlines in the country. GSEC Limited has applied for Air Transport Cargo Services, Ghodawat Limited has applied for permission to operate Scheduled Air Transport Service.

Extracted from ET, Mar 16,’17

 

Greenply Industries To Set Up New Plant In UP 


Greenply Industries will set up a plywood and allied products unit in Sandila Industrial Area, dist. Hardoi, Uttar Pradesh. Other details about the project is not available.

Extracted from BS, Mar 16,’17

 

Gottigere-Nagawara Metro Line Estimated To Cost Rs 11,014 Crore 


The Bangalore Metro Rail Corporation Limited is likely to divide the construction of the Gottigere-Nagawara line into five packages. This 21.25-km project, which runs through the heart of the city -13.79 km of which goes underground -is Reach-6 of Namma Metro's Phase-2. The first phase of the project is yet to be completed. Estimated to cost Rs 11,014 crore.

Extracted from ET, Mar 15,’17

 

Jain Inaugurates Polyclinic In Northwest Delhi 


The Delhi Health Minister, Satyendar Jain, has inaugurated a polyclinic, a primary health centre where specialists are available for consultation, in Rani Bagh while 49 mohalla clinics were also thrown open to the public. These are mini-hospitals and one can get specialists of surgery, paediatrics, orthopaedics and all kinds of test facilities and medicines.

Extracted From BS, Mar 14,’17

 

Grid Logic Hotels To Open 8 Fine Dine Restaurants In Hyderabad, Bengaluru 


Grid Logic Hotels & Resorts has signed a deal with Tabla brand of fine dine restaurants, to open 10 restaurants in Bengaluru and Hyderabad with an investment of Rs.30 crore. As two restaurants are running in Hyderabad, it is preparing to open 8 more restaurants by March’18. Each hotel would entail an investment of Rs 3-5 crore depending on the location apart from some having banquet halls.

Extracted From ET, Mar 14,’17

 

Metropolis Healthcare Plans Rs.50-Cr Expansion 


Metropolis Healthcare Ltd will add 20 laboratories and 400 collection centres in India and abroad at an investment of Rs.50 crore by the end of March 2018. There are plans to add another 100-150 centres in Chennai, which has 100 centres in operation.

Extracted From HBL, Mar 14,’17

 

BRP Pipes Sets Up Rs. 20-Cr Plant 


BRP Pipes & Fittings Pvt Ltd has set up a 1000 tonne per annum manufacturing plant at Nacharam, Hyderabad. It will start production from April 01 2017.Approximate cost of the project is Rs.20 crore.

Extracted From HBL, Mar 14,’17

 

Tata Power Solar Expands Bengaluru Manufacturing Facility 


Tata Power Solar has announced a significant expansion and modernisation of its solar cell and module manufacturing facility in Bengaluru. The two-stage expansion doubled its module capacity to 400 from 200 MW and increased its cell manufacturing capacity from 180 to 300 MW.

Extracted From BS, Mar 14,’17

 

NTPC To Set Up Pharmacies Near Its Power Plants 


NTPC plans to set up pharmacies near its power plants. To begin, it would be setting up 10 such pharmacies which would later be increased.

Extracted From ET, Mar 14,’17

 

Mitsubishi Electric India Files IEM For An Auto Component Unit In South India 


Mitsubishi Electric India Private Limited has filed IEM for a propulsion control equipment unit in dist.Ramanagara, Karnataka.

 

Subway To Open Nearly 100 Outlets In Next One Year 


Subway, a Sandwich restaurant, which operates 600 outlets in over 70 cities in India, is planning to open around 100 outlets over the next 12 months in the country.  It is looking at both metro and non-metro locations under its plans.

Extracted from ET, Mar 12,’17

 

Renault India To Expand Dealerships To 320 By Year-End 


Renault India will expand its dealerships across India to 320 from its current 270 by the end of this year. The company will also add 50 outlets for its pre-owned (used-cars business) cars outlets — Renault Selection — from 20.

Extracted from HBL, Mar 10,’17

 

UM Motorcycles Opens New Dealership In Pune 


UM Motorcycles has inaugurated a new dealership in Pune in Mar’17. The entire range of UM accessories and apparel will available at this dealership. The dealership which also involves display space as well as the service centre.

Extracted from ET, Mar 10,’17

 

India Will Be 2nd Largest Steel Producer Over 12-18 Months: S&P Global Platts 


According to S&P Global Platts, India is poised to become the second biggest steel producing country in the world after China over the next 12-18 months, as steelmakers continue adding capacities in anticipation of upcoming demand. Meanwhile, India’s steel ministry is drafting a new steel policy to raise the country’s steel production capacity to 300 million tonne by 2030-2032. Previously, this target was set for a time period of 2025.

Extracted from BS, Mar 10,’17

 

FMCG Industry Likely To Grow By Over 15% In 2-3 Years 


According to a joint report by the Confederation of Indian Industry (CII) and Bain & Company, the Indian FMCG industry has the potential to grow by more than 15 per cent over the next two to three years. However, over the last three years, the industry has hit a slowdown. Its growth rate versus the GDP growth rate has fallen to 0.8, from an historical ratio of 1.2, the report said.

Extracted from BS, Mar 08,’17

 

NTPC Commissions 45 MW Of Bhadla Solar Plant 


NTPC Ltd has commissioned another 45 MW of its Bhadla solar power plant in Rajasthan and with this the company’s total installed capacity has become 48,188 MW. Last month, the company had commissioned 115 MW of the plant. It has plans to set up 10,000 MW renewable projects by 2022.

Extracted from ET, Mar 08,’17

 

UM Motorcycles Inaugurates Its First Dealership In Odisha 


UM motorcycles has inaugurated its first dealership in Bhubaneshwar, Odisha. The dealership includes display space as well as the service centre. The entire range of UM accessories and apparel will also be available at this dealership.

Extracted from ET, Mar 08,’17

 

Taloja MIDC Effluent Plant Capacity To Be Expanded 


Maharashtra Industrial Development Corporation will revamp and expand the capacity of the CETP to 27.5 MLD from its current 22.5 MLD at Taloja. A US based company will prepare DPR and will submit it in six months. Thereafter it will require three months to float the tenders.

Extracted from TNN, Mar 08,’17

 

Tripura To Set Up English Medium School In Each Block 


The Tripura government has decided to set up at least one English medium school in all the 58 blocks 2018. Currently, Tripura has 335 English medium schools comprising government run and private management.

Extracted from TNN, Mar 07,’17

 

Tech Mahindra Opens State-Of-The-Art Lab At Bengaluru 


Tech Mahindra has launched “Factory of the Future" lab in Bengaluru. It showcases assets and solutions in the areas of digital manufacturing, connected machines, additive manufacturing, Robotics and automation, artificial intelligence and analytics and augmented reality and virtual reality.

Extracted from BS, Mar 07,’17

 

Skoda Auto Opens New Sales, Service And Spares Facility In Delhi 


Skoda Auto India in association with Aryaveer Motors Pvt. Ltd has inaugurated sales facility at Najafgarh Road, Moti Nagar at an area of 5,100 sq.ft and also a 19,000 sq.ft service facility which is 0.5 kms from the showroom at the Najafgarh Industrial Area, New Delhi.

Extracted from ET Mar 07,’17

 

Takasago Launches India Manufacturing Facility At One Hub Chennai 


Takasago has launched its R & D and manufacturing facility at One Hub at an investment of $ 10 million. The facility with a manufacturing capacity in excess of 10,000 tonnes per annum, will manufacture flavours for the biscuits for the confectionary & biscuits industry and fragrances for the perfume and cosmetics industries.

Extracted from TNN, Mar 04,’17

 

BASF India Inaugurates New Innovation Campus In Navi Mumbai 


BASF has opened an innovation campus at Tuebhe in Navi Mumbai, Maharashtra. The project involves an investment of up to 50 million euros and can house around 300 researchers/scientists. Moreover, it is the largest campus in the South Asia.

Extracted from BS, Mar 03,’17

 

Odisha Govt To Set Up Modern Truck Terminal At Paradeep 


The Odisha state government in collaboration with Paradeep Port Trust will set up a modern truck terminal at Paradeep, Odisha. The Rs. 55 crore terminal will have the facilities like weigh bridge, fuel stations, cold storages, godowns, workshop, rest reas, police stations, RTO office, health care facilities, check posts, Post offices, banks, administrative block, drinking water, electricity, toilets, shops and lodging facility.

Extracted from BS, Mar 03,’17

 

Cusat To Set Up World-Class Lab 


Cochin University of Science and Technology (CUSAT) is planning to set up a laboratory with international standards at Cochin. The Kerala Infrastructure Investment Fund Board will invest Rs. 240 crore for the proposed project.

Extracted from The Hindu, Mar 03,’17

 

VLCC To Expand In Tamil Nadu 


VLCC, a beauty and wellness brand head-quartered in Delhi, is planning to expand its presence across Tamil Nadu by March 2018. At present, it has 11 wellness centres and two institutes across the state.

Extracted from HBL, Mar 02,’17

 

Herbalife Collaborate With Syngene To Set Nutrition R&D Lab In India 


Herbalife, a global nutrition company, has partnered with Syngene, a contract research and manufacturing organisation, to launch its first nutrition R&D lab at Syngene campus in Bengaluru. It will help Herbalife Nutrition develop and formulate nutrition products for Indian consumers.

Extracted from BS, Mar 02,’17

 

MAN Trucks India Opens Dealership In Pune, Maharashtra 


MAN Trucks India Pvt.Ltd has inaugurated a dealership in association with M/s Bhagyodaya Automotive in Pune. It is spread over an area of 55000 sqft and is equipped with 8 service bays and sophisticated infrastructure. The Pune dealership is the 41st dealership for MAN Trucks in India.

Extracted from ET, Mar 01,’17

 

Patanjali Ayurved Gets 172 Acres For Food Park In Andhra Pradesh 


Patanjali Ayurved Limited is planning a mega food park in dist. Vizianagaram, Andhra Pradesh. The Andhra Pradesh government has allotted 172 acres of land for the same. The company plans to develop the facility with an initial capacity of 200,000 TPA, which would be further expandable to 300,000 tonnes, at an investment of Rs 500 crore.

Extracted from BS, Mar 01,’17

 

Hastens Sangar Expands India Footprint 


Hastens Sangar, a Sweden-based super luxury bed manufacturers, has partnered with Bangalore-based Sunrise Home Solution and launched its fourth store in Bengaluru. It has also plans to open its store in Mumbai followed by Chennai and one in Punjab in 2017.

Extracted from HBL, Mar 01,’17

 

OPaL Petrochemical Project Of Rs. 30,000 Crore To Be Inaugurated In March 


ONGC Petro Additions Ltd’s (OPaL) mega petrochemical project at Dahej, Gujarat will be inaugurated on Mar 07,’17. Spread over 508 hectares with an investment of over Rs 30,000 crore, OPaL is the single-largest petrochemical complex in India producing 1.9 MMT. The complex consists of a dual feed cracker unit with a capacity to produce 1,100 KTPA Ethylene, 400 KTPA Propylene along with Polymerisation Units and various Associated Units consisting of Pyrolysis Gasoline Hydrogenation Unit, Butadiene and Benzene Extraction Units.

Extracted from ET, Feb 28,’17

 

Tata Steel's Odisha Ferro-Chrome Plant Starts Production 


Tata Steel has recently commissioned ferro-chrome plant at Gopalpur Industrial Park in Ganjam district of Odisha in Nov’16. The Rs. 542-crore ferro-chrome plant has an installed capacity of 55,000 TPA. It has started production from Feb’17.

Extracted from ET, Feb 28,’17

 

KVIC To Upgrade All 6 Cotton Sliver Plants 


Khadi and Village Industries Commission (KVIC) is planning to upgrade its six cotton sliver plants under the Khadi Reform Development Program in 2017. The plants' production capacity will be increased by 40 per cent from current four million kgs to 5.6 million kgs a year. It will invest around Rs.40 crore and is planned to commission the upgradation during the first quarter of the next financial year. It is also planning to set up new sliver plants.

Extracted from BS, Feb 28,’17

 

Amazon To Extend Pantry Services To More Cities 


Amazon, an E-commerce major, is planning to extend its ‘Pantry’ services to more cities, once it has stabilised operations in the existing 29. Expansion will most likely be into smaller ones.

Extracted from HBL, Feb 28,’17

 

Green Panel Nod To SAIL's Tasra Washery Project In Jharkhand 


SAIL is planning a 3.5 million tonnes per annum head coking coal washery at Tasra Coal Block in Dhanbad, Jharkhand. An Expert Appraisal Committee has suggested the union environment ministry to give final green nod subject to compliance of all generic conditions applicable for washery as well as fulfilment of other conditions.

Extracted from ET, Feb 26,’17

 

Aster Healthcare In Pact With Bengaluru Institute For Super Speciality Hospital 


Aster DM Healthcare has signed an MoU with Rashtreeya Sikshana Samithi Trust (RSST), to launch 200-beds Aster RV Super-speciality Hospital in Bengaluru. RSST will construct the hospital and is expected to be commissioned within the next 12 months.

Extracted from HBL, Feb 26,’17

 

Vijaya Telangana Plans Rs 300 Crore Expansion 


Vijaya Telangana, a dairy brand owned and run by the Telangana State Dairy Development Cooperative Federation, plans modernisation and expansion works at an investment of Rs 300 crore. The dairy, which has a processing capacity of about 4 lakh litres of milk as of now, is planning to increase the capacity to about 8 lakh litres and also take up production of ice creams soon.

Extracted from NIE, Feb 26,’17

 

Isuzu Motors Opens New Dealership Network In Punjab 


Isuzu Motors India has inaugurated a new 3S (Sales, Service, Spares) facility in Mohali, Punjab. This is the third 3S facility of Isuzu in the region after Ludhiana and Jalandhar and would cater to the needs of Chandigarh Tricity covering, Mohali, Chandigarh and Panchkula.

Extracted from ET, Feb 25,’17

 

Hyderabad Firm Opens Store For Purified Vegetables 


YentraTech Controls Pvt Ltd has opened a store (for Purified vegetables) at Purin Foods store, Jubilee Hills, Hyderabad.  It has also plans to open 25 such stores in Hyderabad. The estimated investment on them would be around Rs.10 crore. In the next phase, Purin Foods outlets would be expanded to Mumbai, Delhi, Pune, Bengaluru and Chennai.

Extracted from The Hindu, Feb 25,’17

 

Bajaj Auto To Fund Construction Of Women’s Hostel in IISER Pune 


Bajaj Auto has signed a MoU with the Pune-based Indian Institute of Science Education and Research (IISER), to fund Rs.50 crore for the construction of a women’s hostel at the Pashan campus of IIISR. Bajaj Auto will provide the entire fund for the project.

Extracted from NIE, Feb 25,’17

 

Mahindra-Sumitomo Chennai JV Project In Final Stages Of Approval 


Mahindra Industrial Park Chennai Ltd, a project jointly developed by Mahindra Lifespace Developers Ltd and Sumitomo Corporation of Japan, near NH5 in North Chennai is in the last leg of approval process and phase-I of the project will be of 250 acres while a phase-2 of similar size would follow in a later stage. It signed MoU with the TN government in September 2015 to develop the first phase with an investment of around Rs 400 crore.

Extracted from HBL, Feb 24,’17

 

ONGC Board Approves Rs. 7,327 Cr Capex For Five Projects 


Oil and Natural Gas Corporation (ONGC) board has approved Rs 4,104.63 crore for the development of R-Series Fields, including revival of R-12 (Ratna), Rs 1,162.56 crore for the redevelopment of Santhal Field, Rs 546.15 crore for the development of B-147 Field, Rs 511.30 crore for the development of BSE-11 Block and Rs 1,002.67 crore for the 4th Phase Development of the NBP Field. The board was also informed that ONGC has settled the Gujarat and Assam Royalty Issue. The company board also approved the execution of a Farm-in/Farm-out agreement with Gujarat State Petroleum Corporation.

Extracted from HBL, Feb 23,'17

 

Soni Auto And Allied Industries Files IEM For Automotive Components Unit in Jharkhand 


Soni Auto And Allied Industries Limited has filed IEM for suspension shock absorbers unit in dist. Seraikela Kharswan, Jharkhand.

 

UM Motorcycles Opens Its First In Dealership Pondicherry 


UM Lohia Two Wheelers, the Indian arm of the American motorcycle maker UM International along with Lohia Auto has opened its first outlet at M/s Western Motors, No-108, East Coast Road, Pakkamudianpattu, Pondicherry. The outlet spread over a total area of 2888 sq. ft, which includes 1328 sq.ft of showroom space, and 1560 sq.ft for sales & service support.

Extracted from ET, Feb 23,’17

 

India To Be Fastest Growing Economy Among G-20 Nations: Moody’s 


According to Moody’s Investors Service, India will be the fastest-growing economy among G-20 countries clocking a 7.1 per cent growth in 2017. It has also said that China's economy stabilised around the official growth target of 6.7 per cent in 2016, but will likely continue to decelerate to 6.3 per cent and 6 per cent in 2017 and 2018.

Extracted from BS, Feb 23,’17

 

Hindalco To Invest Rs 700 Crore On De-Bottlenecking Utkal Alumina Refinery 


Hindalco Industries plans de-bottlenecking of its alumina refinery project at Utakal in dist. Rayagada, Odisha. It has applied for clearances to scale up the refinery capacity from 1.5 million tonne per annum (MTPA) now to 2.25 MTPA. The Rs.700 crore project is expected to be done in 18 months.

Extracted from BS, Feb 23,’17

 

Jenson & Nicholson Paints Pvt. Ltd To Set Up Outsourced Manufacturing Facility In Assam 


Sheenlac Paints and Jenson & Nicholson joint venture company, Jenson & Nicholson Paints will set up outsourced manufacturing facility in Assam. Meanwhile, the paint market of Northeast India is close to Rs. 4000 crore.

Extracted from ET, Feb 21,’17

 

Tpot Cafe Looks To Invest 1 MN To Start 50 Stores In 3 Months 


Tpot Cafe, a Delhi based chai cafe company, is planning to start 50 chai stores across Delhi NCR in the next three months. Approximate investment is around Rs.1 million. Tpot Cafe currently runs 25 outlets in Delhi / NCR and it has monthly revenue of around Rs 50 lakh.

Extracted from ET, Feb 21,’17

 

Yellow Tie To Expand Genuine Broaster Chicken Network To 25 By May 


Yellow Tie Hospitality has launched its first store of the American Heritage brand Genuine Broaster Chicken in Hyderabad. This is its 6th store in India and plans to expand its retail stores to 25 by May and to 50 the year end.

Extracted from HBL, Feb 21,’17

 

Central Coalfields Limited To Build Medical College In Ranchi 


Central Coalfields Limited, subsidiary of Coal India Limited will set up a medical college and hospital in Ranchi, Jharkhand. The company's board has given its approval and the establishment is now in the planning stage.

Extracted from TNN, Feb 20,’17

 

Hughes India Open To $500 Million Investment In Satellite Systems 


Hughes India, a satellite communications company, is willing to invest up to $500 million in India. The investment is to set up satellite systems that could help in areas such as education and healthcare by reducing the cost of high-speed broadband Internet connectivity. 

Extracted from ET, Feb 20,’17

 

India's Largest Waste-To-Energy Plant To Be Launched At Narela-Bawana In March 


Ramky Group through an agreement with the north corporation, is setting up the country’s first largest integrated municipal solid waste-to-energy plant at Narela-Bawana on 100 acres of land. The Rs 458-crore plant is set to launch in March 2017. It will cater to Civil Lines and the Rohini zone.

Extracted from ET, Feb 18,’17

 

Jharkhand Attracts Investment Proposals Worth Rs 3.03 Lakh Crore 


The Jharkhand has attracted over 3.03 lakh crore worth of investment proposals at the end of the state's first global investment summit 'Momentum Jharkhand' in Feb’17. A majority of these proposals, some 121 out of a total of 209, were in mines and geology sector. The proposals include one by Adani Group to invest 50,000 crore to produce urea, methane, power and substitute natural gas.

Extracted from ET, Feb 18,’17

 

Medihauxe Pharma To Invest Rs.10 Cr 


Medihauxe Pharma has set up its new corporate house and walk-in cold rooms and deep freezing facilities in Hyderabad. It has inaugurated in Feb’17. Estimated cost of the project is Rs.10 crore.

Extracted from HBL, Feb 17,’17

 

Pasupati Agrovet Files IEM For Poultry Feed Unit In Eastern India 


Pasupati Agrovet Private Limited has filed IEM for a poultry feed (Peleted) unit in dist. Cuttack, Odisha.

 

Karnataka Govt To Set Up Aerospace Training Centre With Dassault, VTU 


The Karnataka government plans to set up Centre of Excellence (Aerospace and Defence) in collaboration with Dassault Systemes and Visvesvaraya Technological University. The total cost of setting up the centre is Rs.288.68 crore, of which the Karnataka government’s contribution will be Rs. 34.36 crore over three years. The centre will train about 1,600 engineers a year.

Extracted from HBL, Feb 17,’17

 

Aequs To Invest Rs 500 Crore In Aerospace Unit At Tuem 


Aequs, an Aerospace engineering firm, is to set up a dedicated manufacturing facility at the Tuem Electronic System Design and Manufacturing hub for the Indian defence sector in Goa. It is expected to commence operations by February 2019. Approximate investment is around Rs.500 crore.

Extracted from TNN, Feb 17,’17

 

Gateway Starts Logistics Park Ops Near Krishnapatnam Port 


Gateway Distriparks Ltd has completed construction of the first phase of logistics park and container freight station next to the Krishnapatnam port container terminal. GDL has invested Rs 90 crore in the first phase. The total land bank available is 48 acres which can be further utilised to expand capacity in future.

Extracted from BS, Feb 15,’17

 

Indian Govt Okays Setting Up Of Food Legumes Research Platform In MP 


The Union Cabinet has approved the establishment of Food Legumes Research Platform (FLRP) by International Center for Agricultural Research in Dry Areas (ICARDA) at Amlaha, Sehore, Madhya Pradesh with satellite hubs in West Bengal (for pulses) and Rajasthan (for natural resource management). The Cabinet also approved signing of lease deed with MP government for the land provided by them (70.99 hectare, 175.42 acre) at Amlaha Farm, Sehore on land rent of Re 1 per acre per year for 30 years on lease and to further lease it to ICARDA to establish the FLRP in MP.

Extracted from BS, Feb 15,’17

 

Snapdeal To Set Up 1 MW Rooftop Project At Warehouses 


Snapdeal is planning to install solar power projects worth 1MW at its warehouses across various locations. The project is being implemented by Amplus Energy Solutions, which will set up the rooftop plats for an investment of around Rs 5 crore for Snapdeal’s logistics arm Vulcan Express.

Extracted from ET, Feb 15,’17

 

Dubai Conglomerate Plans Rs 500 Cr Fish Processing Unit In Odisha 


Darvesh, a Dubai-based multinational business conglomerate, is planning a fish processing unit at Deras Seafood Park in Khurda, Odisha. The Rs.500 crore unit will be an exclusive export oriented unit.

Extracted from BS, Feb 15,’17

 

GAIL To Simultaneously Lay Gas Pipeline From Mangaluru And Kochi 


Gas Authority of India Limited has awarded contract for pipeline laying work for the 105 KM Perole-Kodalamuguru-Mangaluru section to transport natural gas from Kochi in Kerala. Consequently, work on the 440-km Kochi-Koottanad-Mangaluru natural gas pipeline would be carried out simultaneously from both the ends — Kochi and Mangaluru. GAIL is targeting to complete the 440-km pipeline by December 2018.

Extracted from The Hindu, Feb 15,’17

 

1,000 Mohalla Clinics To Be Set Up In Five Months: Jain 


According to the Delhi Health Minister, Satyendar Jain, the government is planning to set up 1000 mohalla clinics across New Delhi in the next five months. The Health Minister has also proposed to set up 150 polyclinics, out of which 26 have also been built so far.

Extracted from ET, Feb 15,’17

 

Medical Varsity For Research In AYUSH 


The Tamil Nadu Dr. MGR Medical University has signed an agreement with the Central Council for Research in Siddha for research and clinical trial. To promote the Siddha OPD, the university has planned to construct an integrated Ayush hospital at a cost of Rs. 1.69 crore within the University premises.

Extracted from The Hindu, Feb 14,’17

 

Four New ESIC Hospitals To Come Up In Gujarat: Dattatreya 


According to the Union Minister, Bandaru Dattatreya, ESIC will open hospitals at Valsad, Hazira in dist. Surat, Halol in Panchamahals and in dist. Anand, Gujarat. Each hospital will have 100 beds.

Extracted from ET, Feb 14,’17

 

MRPL Launches Skill Development Centre 


Mangalore Refinery and Petrochemicals Ltd (MRPL) has launched a skill development centre in Mangaluru in Feb’17. The centre will train 60 youths in areas such as ‘industrial electrician’ and ‘CNC operator-turning’.

Extracted from HBL, Feb 12,’17

 

SDMC To Set Up Solar Power Plant In Ferozpur 


The South Delhi Municipal Corporation has signed a MoU with PTC India Limited, to set up a 2.5 MW solar power plant at Village Ferozpur on its own 9.42 acres of land. The SDMC and PTC will each invest about Rs.1.5 crore each, with the rest of the estimated Rs.11.87 crore cost being paid by a special purpose vehicle. The solar power plant will work for 25 years.

Extracted from The Hindu Feb 11,’17

 

Kannur Airport To Be Opened In September 


The Kannur International Airport Limited is expecting its airport to commission in Sep’17. It plans to completes its civil work by April -May 2017.

Extracted from TNN, Feb 10,’17

 

Boeing Announces Setting Up Of Boeing Defence India 


Boeing, Global defence and aviation major, is planning a Boeing Defence India (BDI), a local business entity, to support the company's future growth in the country. The BDI will oversee company's recent investments in India including the Tata Boeing Aerospace Ltd JV, the C-17 simulator training centre, Boeing's sourcing and manufacturing activities, sales and marketing activities and the engineering centre expansion

Extracted from ET, Feb 09,’17

 

HLL Signs Pact With Maha Govt To Set Up Diagnostic Labs 


HLL Lifecare Ltd will establish around 100 Hindlabs in 33 districts of Maharashtra for providing laboratory testing services in nearly 2,300 hospitals under DHS, particularly at the level of PHCs. It has signed MoU with the state government for the same and will implement the project within a period of 90 days.

Extracted from BS, Feb 09,’17

 

Skill Development Centre Inaugurated 


The Andhra University has inaugurated a skill development training centre at the AU College of Arts in Feb’17. the centre would provide training to students in communication and soft skills. Meanwhile, a language lab would also be established at the centre.

Extracted from The Hindu, Feb 09,’17

 

Yeshwanthpur, Cantonment Stations To Be Redeveloped Under PPP 


South Western Railway will redevelop Bengaluru Cantonment and Yeshwanthpur railway stations under PPP model. 2.25 acres opposite Cantonment railway station and 20 acres near Yeshwanthpur railway station will be leased out to successful bidders for 45 years. The developer will have to maintain the station for 15 years by providing a list of passenger amenities.

Extracted from ET, Feb 09,’17

 

SAIL Lines Up Rs 4,000 Cr Capex For FY18 


SAIL is planning to spend up to Rs 4,000 crore on the modernisation and expansion of its plants in the coming fiscal. The capex for the ongoing fiscal is nearly Rs 4,000 crore (2016-17). Next fiscal it should be within a similar range, somewhere between Rs 3,000 to Rs 4,000 crore. The company would fund the capital expenditure through debt.

Extracted from BS, Feb 08,’17

 

37 Dry Fodder Depots To Be Set Up In Salem district 


The Tamil Nadu State Animal Husbandry Department has proposed to set up 37 dry fodder depots in dist. Salem. This is to supply fodder at subsidised rate to cattle farmers. These depots would be set up in the veterinary dispensaries.

Extracted from The Hindu, Feb 08,’17

 

New Patanjali Unit At Pithampur Inaugurated In Feb’17 


Patanjali Ayurveda is setting up food processing unit at Pithampur, Madhya Pradesh on 40 acres of land. The MP Industry department has allotted the land and the operation of the plant is expected in phases. Approximate cost of the project is around Rs.600 crore.

Extracted from ET, Feb 07,’17

 

West Coast Frozen Foods Files IEM For Sea Food Unit In Western India 


West Coast Frozen Foods Private Limited has filed IEM for a sea food unit in dist. Surat, Gujarat.

 

HDIL To Launch Budget Homes In Mumbai Metropolitan Region 


Housing Development and Infrastructure Ltd (HDIL) will soon launch its new budget homes brand in the Mumbai Metropolitan Region (MMR). Under this brand, HDIL will provide affordable homes within Rs. 50 lakh inclusive of stamp duty and registration in Mumbai’s suburbs and within Rs. 20 lakh, including stamp duty and registration charges, in the Vasai–Virar region.

Extracted from HBL, Feb 07,’17

 

Biocon Foundation Collaborates With Dept Of Health & Family Welfare To Set Up Smart eLAJ Clinics In Karnataka 


Biocon Foundation has signed an MoU with the Department of Health and Family Welfare of Karnataka to establish eLAJ smart clinics in 15 Primary Healthcare Centres across six districts in Karnataka. The eLAJ model has been designed to deliver data-based healthcare on the basis of socio-demographic and health indicators obtained from community-based screenings.

Extracted from ET, Feb 07,’17

 

Patanjali Wants More Land From BJP Led Government In Assam For Food Park 


Patanjali is setting up an Herbal and Mega Food Park in Balipara, Assam. The Assam state government has already provided 150 acres for the project, meanwhile the company has sought another 33 acres of land for the project. The Rs 1,200-crore park will have manufacturing facility of 10 lakh metric tonne per year and is expected to be fully operational by March 2017.

Extracted from ET, Feb 05,’17

 

Three 100-Bed ESI Hospitals To Be Set Up In Telangana 


The Union government will set up three 100-bed hospitals in Ramagundam, Warangal and Goshamahal, if the Telangana state government allocates five acres of land for each. Similarly, the ESIC dispensaries at Tandur, Doulatabad, Khammam, Suryapet, Maheswaram, Siddipet and Kalvakurthy would be upgraded to six-bed hospitals.

Extracted from The Hindu, Feb 04,’17

 

Medanta May Invest Rs 750-1,000 Cr On High-End Hospital In Odisha 


Medanta, a super specialty healthcare chain, is planning to set up a high-end hospital in Bhubaneshwar, Odisha. Approximate investment for the project is around Rs. 750 to 1000 crore. Medanta hospitals are also coming up in other locations such as Noida, Lucknow and Patna, and are expected to be operational in a couple of years.

Extracted from BS, Feb 04,’17

 

Azure Hospitality To Invest 172 Cr In 65 New Restaurants 


Azure Hospitality Pvt. Ltd, is planning to add 15 to 25 restaurants every year. The investment in each outlet will be about Rs.2.60 crore. Some of them will be on franchise basis. Besides, it is also entering London and Manchester this year. Cumulative investment is around Rs.172 crore.

Extracted from The Hindu, Feb 03,’17

 

Logistics Solutions Provider Agility Opens Centre In Hyderabad 


Agility, a global logistics provider, in partnership with va-Q-tec, has opened a 6,000 square feet temperature-controlled life sciences storage and handling facility at Rajiv Gandhi International Airport in Hyderabad. It will cater to pharma manufacturers in the city along with Goa, Pune, Visakhapatnam and Bengaluru.

Extracted from ET, Feb 03,’17

 

Beva Silicones Breaks Ground For Unit In Sri City 


Beva Silicones Pvt Ltd is setting up a textile finishing chemicals and silicone-based products unit in Sri City, Andhra Pradesh on 3-acres plot. The unit is coming up in the Domestic Tariff Zone at an investment of Rs. 10 crore. It plans to commission the unit by January 2018.

Extracted from HBL, Feb 03,’17

 

Pricol Eyes Rs 220 Crore In Annual Revenue From Its New Pune Facility 


Pricol Limited has recently inaugurated an automotive components unit at Phulgain in Pune, Maharashtra. It expects around Rs 220 crore revenue from this facility every year. However, it did not disclose the investment details of the unit.

Extracted from BS, Feb 03,’17

 

Sona Group To Invest Rs.400 Cr In Forgings Biz 


Sona BLW Precision Forgings Ltd, an auto component manufacturer, would invest Rs.300-400 crore in the next three to five years on capacity expansion and to develop new products for the global market.

Extracted from HBL, Feb 02,’17

 

Amazon Opens Fresh Flower Stores In 5 Cities 


Amazon, an E-commerce giant, has launched its Fresh Flower Store across in Mumbai, Bengaluru, Delhi, Pune and Hyderabad. The store offers customers a selection of over 1,500 products from over nine premium flower sellers in the country including 10 types of flora.

Extracted from FE, Feb 01,’17

 

MIDC Acquires 113-Hectare Land For Textile Park 


The Maharashtra Industrial Development Corporation's (MIDC) has acquired 113-hectare land parcel for the textile park at Sayane near Malegaon. A proposal for infrastructural development has been sent for approval. Once the approval comes, MIDC will float tenders for developing infrastructure.

Extracted from TNN, Jan 31,’17

 

Titan Aviation To Set Up Hub At Donakonda 


Titan Aviation, a subsidiary of Titan Metals and Minerals Ltd, is planning an aviation hub at Donakonda in dist. Prakasam, Andhra Pradesh on 5000 acres of land. The foundation stone for the project is likely to be laid. Approximate cost of the project is around Rs.6000 crore.

Extracted from TNN, Jan 31,’17

 

Nalco, NINL To Set Up Jv For Coal Tar Pitch Plant In Odisha 


National Aluminium Company Limited (Nalco) and Neelachal Ispat Nigam Limited (NINL) have signed an MoU to set up a joint venture company for producing coal tar pitch in Odisha. NINL will be preparing a techno-economic feasibility report for the JV project.

Extracted from BS, Jan 31,’17

 

Rs. Components Opens Electronic Centre In Bengaluru 


Rs. Components, the world’s largest distributor of electronics and maintenance products, has opened a 2000 sq ft Electronic Centre in Bengaluru. It is to support electronic design engineers and manufacturers in the region. The company plans to invest close to $15 million over the next two to five years in the centre. It has also plans to set up a warehouse.

Extracted from HBL, Jan 31,’17

 

Survey On Rail Connectivity To Amaravati Completed 


Rail Vikas Nigam Limited had completed survey on connectivity to the new State Capital, Amaravati, and a report had been submitted to the Railway Board for approval. Once the Board gave the nod, the work would begin. The approximate cost of the project is Rs. 2,679 crore.

Extracted from The Hindu, Jan 31,’17

 

REC Lends Rs 6,890 Crore To Tamil Nadu For Setting Up Power Plant 


Rural Electrification Corp (REC) has signed a loan agreement with Tangedco and Tantransco on January 28 in Chennai for implementation of 800 MW supercritical thermal power plant, renovation and modernisation of existing thermal power plants and establishment of new 765 KV, 400 KV substations in and around Chennai.

Extracted from ET, Jan 31,’17

 

Maruti Suzuki Plans More NEXA Outlets 


Maruti Suzuki India Limited has inaugurated its 200th NEXA showroom in India at Hyderabad and plans to take this up to 250 by March. NEXA is now present in 121 cities and has sold over 1,85,000 vehicles since its inception about 18 months ago.

Extracted from HBL, Jan 30,’17

 

4 Firms Invest Rs. 250 Cr. In Brandix Textile Park 


Brandix India Apparel City has signed four MoUs with the Andhra Pradesh state government for an investment of Rs.250 crore. The MoUs are regarding establishment of two Chinese companies Leung Fung Textiles and Tian Yuan and two Indian companies Aggarwal Elastics and Manav Packaging in the textile park located at Atchutapuram.

Extracted from The Hindu, Jan 30,’17

 

Ganesha Ecosphere Files IEM For Yarn Unit In North India 


Ganesha Ecosphere Limited has filed IEM for a synthetics yarn unit in dist. Rampur, Uttar Pradesh.

 

13 Companies Sign MoUs To Invest Rs 600 Crore In Sri City 


Thirteen companies have signed MOUs with Sri City to invest Rs 600 crore in the integrated business city in Andhra Pradesh. The MoUs were signed at the CII Partnership Summit in Jan’17. The agreements are expected to create employment for about 2,000 people. 

Extracted from BS, Jan 29,’17

 

Local Electronic Component Makers To Invest Rs 1,000 Crore In 2017 


According to ELCINA Secretary, General Rajoo Goel, domestic electronic component makers have plans to invest over Rs 1,000 crore this year on manufacturing units in the ELCINA Bhiwadi Cluster. As of now, space for 19 domestic electronic components makers has been allocated.

Extracted from ET, Jan 29,’17

 

Floating Hotel On The Krishna Planned 


Amaravati Tourism Projects Limited is planning to build a floating hotel, (To be built on a mini ship) to be stationed near Sangamam on the Krishna river upstream of Prakasam barrage near Vijayawada. Approximate cost of the project is around Rs.20 crore.

Extracted from HBL, Jan 29,’17

 

Solar Parks With Capacity Of 7500 MW To Come Up In Ladakh 


The Jammu and Kashmir government has signed an MoU with the Government of India for the development of two Mega Solar Parks of 5000 MW capacity in Leh district and 2500 MW capacity in Kargil district. However, work on these projects has not been started due to lack of infrastructure.

Extracted from ET, Jan 28,’17

 

Telangana Signs MoU For Aero Skill Academy 


The Telangana government has signed a MoU with Aerocampus Aquitaine, a French firm, known for aircraft maintenance skill training, to set up a world – class aero skill academy in Telangana. The academy will offer long duration basic training programmes and short duration courses tailor-made to industry requirements for experienced technicians.

Extracted from HBL, Jan 27,’17

 

Orvakal Set To Become Industrial Hub 


According to the Kurnool District Collector, Ch. Vijayamohan, a mega industrial hub will come at Orvakal mandal in dist. Kurnool with an investment of Rs. 25,000 crore. Land parcel of 10,922 acres have been allotted for the same.

Extracted from The Hindu, Jan 27,’17

 

NLC To Increase Power Generation By 2,640MW 


Neyveli Lignite Corporation (NLC) India Limited is to commission a 2*660 MW lignite-based power plant at Neyveli shortly. Furthermore, it has also proposed to add another 1,320MW (two units of 660MW) in the second phase at Neyveli.

Extracted from TNN, Jan 27,’17

 

Water Treatment Plant Inaugurated 


Karnataka Bank Managing Director and CEO P. Jayarama Bhat has inaugurated a waste water treatment plant at the Guru Narasimha Temple, Saligrma in dist. Udupi. The plant was set up under the bank’s corporate social responsibility funding.

Extracted from The Hindu, Jan 27,’17

 

Tata Steel Plans To Increase Capacity Of Kalinganagar Plant 


Tata Steel plans to enhance the capacity of its Kalinganagar project in Odisha to 8 million tonnes per annum (MTPA) against 6 MTPA proposed earlier. Investment and other details are to be finalized in the next two months.

Extracted from HBL, Jan 26,’17

 

Kanchi Kamakoti Child’s Trust Hospital Opens Clinic In Sri City 


Kanchi Kamakoti Child’s Trust Hospital, which caters exclusively to the health needs of children, launched a speciality clinic in Sri City in Jan’17. It has also announced that it will have a ‘Centre of Excellence for Child Care' in Sri City over a period of time.

Extracted from The Hindu, Jan 25,’17

 

United Engineers India Files IEM For Tubes Unit In Assam 


United Engineers India has filed IEM for a laminated tubes unit in Kamrup, Assam.

 

H&M To Open Third Store In Pune 


Hennes & Mauritz (H&M) will open its third store at Amanora Town Center Mall, Pune on Thursday, 9 February 2017. Spread over 23,000 sq.ft., it will offer fashion inspiration for the whole family, with collections for ladies, men, teenagers and kids. There will also be dedicated sections for accessories, footwear, lingerie and athletic apparel, with new items arriving in the store daily.

Extracted from ET, Jan 25,’17

 

Cabinet Clears Rs 2,254 Cr World-Class Convention Centre At Pragati Maidan 


International Trade Promotion Organisation(ITPO), under the Commerce Ministry, will put in Rs 1,200 crore from its reserves for a new international convention and exhibition centre at New Delhi’s iconic Pragati Maidan. ITPO has assigned the work to National Buildings Construction Corporation Ltd (NBCC) as a Project Management Consultant. Approximate cost of the project is Rs. 2,254 crore.

Extracted from BS, Jan 24,’17

 

Apollo Sugar Clinics Plans Expansion To 300 Clinics In 3-Years 


Apollo Sugar Clinics, a diabetes care-focused chain from the Apollo Hospitals Group, is planning to expand to 3000 clinics in the next three years across the country. Presently, Apollo Sugar has 52 clinics, of which, 11 clinics are based out of Telangana and Andhra Pradesh.

Extracted from ET, Jan 24,’17

 

Boeing's Engineering, Technology Centre Opens In Bangalore 


Boeing, an US aircraft maker, has launched its engineering and technology center in Bangalore. The centre, Boeing India Engineering and Technology Center (BIETC), would undertake high quality technology-driven work to support Boeing in various areas of aviation engineering and technology.

Extracted from ET, Jan 24,’17

 

Asian Paints To Invest Rs 650 Cr For Capacity Expansion At Ankaleshwar Site 


Asian Paints Limited will expand its paint manufacturing capacity from 130,000 KL to 300,000 KL per annum and synthetic resins & emulsions from 32,000 MT to 85,000 MT at its Ankleshwar facility, Gujarat. Approximate cost of the project is around Rs 650 crore funded through internal accruals. It expects to complete the project over the next 3 to 4 years.

Extracted from BS, Jan 24,’17

 

Bhilai Steel Plant Inaugurates Rs 1200-Crore Universal Rail Mill 


The Union Steel minister, Birender Singh, has inaugurated a new Universal Rail Mill at Steel Authority of India's Bhilai Steel Plant in Bhilai. Alongside the URM,which is part of the plant’s modernization and expansion programme, a long rail welding complex had also been established.

Extracted from ET, Jan 23,’17

 

Vodafone To Invest Rs 3,000 Cr In West Bengal In Next 3 Years 


Vodafone India will invest Rs. 3,000 crore in West Bengal over the next three years. Investments will be towards capacity augmentation and new business initiatives. An MoU in this regard was signed with the State Government on the sidelines of Bengal Global Business Summit 2017 in Jan’17.

Extracted from HBL, Jan 23,’17

 

UltraTech To Set Up Rs. 2,600-Cr Plant In Madhya Pradesh 


UltraTech Cement, an Aditya Birla Group company, is planning a 3.5 MTPA integrated cement plant at Dhar, Madhya Pradesh. Commercial production of the new plant is expected to start in the fourth quarter of FY19. Approximate cost of the project is around Rs.2600 crore.

Extracted from HBL, Jan 23,’17

 

NEXTracker To Set Up Manufacturing Unit In India 


NEXTracker, a US-based sunshine solar tracker maker, will set up a manufacturing plant in North India. It will be set up in the next six months.

Extracted from BS, Jan 23,’17

 

Tenders To Build New Jetties Soon 


The Inland Waterways Authority of India (IWAI) is to commence preparatory works on 106 additional national waterways (NWs), tenders for construction of jetties in Goa would be taken up shortly.

Extracted from TNN, Jan 21,’17

 

West Bengal Receives Over Rs 2 Lakh Crore Investment Proposals 


According to the West Bengal Chief Minister, Mamata Banerjee, the two-day Bengal Global Business Summit organised by the state government has received investment proposals worth Rs 2,35,290 crore. Among other major sectors, MSME attracted business proposals of Rs 50,710 crore, urban development got Rs 46,600 crore and transport Rs 38,801 crore.

Extracted from BS, Jan 21,’17

 

Lumax Industries Files IEM For Automotive Lights Unit In Western India 


Lumax Industries Limited has filed IEM for a head lamps manufacaturing unit in dist. Ahmedabad, Gujarat.

 

Cabinet Approves The Establishment Of Indian Agricultural Research Institute, Jharkhand 


The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for the establishment of Indian Agricultural Research Institute at Village Gauria Karma in Barhi Block of Hazaribag, Jharkhand. It will have an estimated outlay of Rs. 200.78 crores on 1,000-acre land provided by the Government of Jharkhand.

Extracted from PIB, Jan 18,’17

 

Government To Build Twin Towers In Visakhapatnam 


The Andhra Pradesh state government is planning to build iconic twin tower to house world trade centres in the Port City. It will be built in an area of four lakh square feet. Construction works have already been entrusted to a private agency and the buildings will include a five-star hotel.

Extracted from TNN, Jan 18,’17

 

United Bank Of India To Expand Branch Network 


United Bank of India (UBI) will open 200 branches next fiscal in India. It would open branches in the central and western regions of the country.

Extracted from HBL, Jan 17,’17

 

Ananth Technologies Files IEM For Electronic Components Unit In South India 


Ananth Technologies Limited has filed IEM for an electronic and similar components unit in dist. Bangalore (Urban), Karnataka.

 

India's Economy Projected To Grow By 7.7% in FY 2017: UN report 


According to United Nations World Economic Situation and Prospects 2017 report, India's economy is projected to grow by 7.7 per cent in the financial year 2017 and 7.6 per cent in 2018. China's growth is projected to remain stable at 6.5 per cent for fiscal years 2017 and 2018.

Extracted from BS, Jan 17,’17

 

Cairn India Gets Nod For Drilling 64 Exploratory And Appraisal Wells 


Cairn India has received clearance from the Ministry of Environment, Forests and Climate Change for undertaking drilling works of 64 exploratory and appraisal wells in KG-OSN-2009/3 block in KG basin at Prakasam and Guntur districts of Andhra Pradesh.

Extracted from BS, Jan 17,’17

 

Bandhan Bank Enters Goa 


Bandhan Bank has set up two branches in Goa. The two branches are located at Margao and Panjim. This takes Bandhan Bank’s total branches to 770. Currently, the bank has 3,459 touch-points, 2,416 doorstep service centres, and 273 ATMs.

Extracted from HBL, Jan 16,’17

 

Worlds Largest Stadium To Come Up In Ahmedabad 


The Gujarat Cricket Association (GCA) will construct the world’s largest cricket stadium at Motera, Ahmedabad. The new stadium, expected to be completed in two years, will have a seating capacity of 1.10 lakh spectators. Estimated cost of the project is around Rs.700 crore.

Extracted from HBL, Jan 16,’17

 

Hindustan Coca-Cola To Invest Rs 1,000 Cr To Set Up Two Plants 


Hindustan Coca-Cola Beverages, the bottling arm of Coca-Cola in India, is setting up new plants in Sanand, Ahmedabad and in Nellore, Andhra Pradesh. Sanand unit will be commissioned this year and Nellore by next year. Cumulative investment is around Rs.1000 crore.

Extracted from BS, Jan 15,’17

 

Schreiber Dynamix Dairies Sets Up Rs 250-Cr Infant Nutrition Unit 


Schreiber Dynamix Dairies, a dairy products manufacturer, has inaugurated its first state-of-the-art, fully-automated infant nutrition plant at Baramati, Maharashtra, at an investment of Rs 250 crore. The company plans to meet the entire investment through internal accruals and distribute the infant nutritional products pan-India.

Extracted from BS, Jan 14,’17

 

Government Nod For Four Developers Willing To Set Up New SEZs 


Phoenix Embassy Tech Zone, Worldwide Oilfield Machine, Embassy Property Developments and Horizoneview properties are planning to set up special economic zones in India. The union government has approved these company proposals.

Extracted from ET, Jan 13,’17

 

Gujarat Govt To Sign 250 MoUs Related To Pharma Sector At Vibrant Gujarat Global Summit-2017 


The Gujarat state government is likely to sign 250 MoUs related to pharmaceutical industry with potential domestic and international investors at the Vibrant Gujarat Global Summit (VGGS) - 2017 at Gandhinagar between January 10 and January 13, 2017. Four MoUs are from overseas.

Extracted from Pharmabiz, Jan 12,’17

 

Adani Ports To Develop 3rd Phase Of Mundra Port For Rs 6,000cr 


Adani Ports and SEZ Ltd is planning third phase expansion at Mudra Port in Gujarat. Approximate cost of the project is around Rs.6000 crore. It has signed MoU with the Gujarat state government for the same. Meanwhile, Essar Ports too plans to develop port facilities along the Gujarat coast at an investment of about Rs 10,600 crore.

Extracted from BS, Jan 12,’17

 

Stone Laid For IOL Retail Outlet 


Indian Oil Corporation is setting up a retail outlet on the Beach Road in Visakhapatnam. At present, there is no outlet from Beach Road near Kailasagiri to Bheemili and this outlet will cater to the fuel needs of public travelling on the route. Foundation stone has been laid.

Extracted from The Hindu, Jan 12,’17

 

Centre To Set Up 18 Electronics Manufacturing Clusters: Prasad 


According to the Union Electronics and IT Minister, Ravi Shankar Prasad, the union government is planning to set up 18 electronics clusters in 400 towns and cities across the nation. He further said that the country’s electronics manufacturing market would be of $400 billion by 2020.

Extracted from HBL, Jan 11,’17

 

NTPC Approves Rs 1,000 Crore Investment For Dulanga Mining Project 


NTPC Board of Directors of the company has accorded investment approval of Rs. 1053.41 crore. The investment is for 7 MTPA coal mining project at Dulanga.

Extracted from ET, Jan 11,’17

 

Welspun To Invest Rs 4K Cr On Textile Projects In Gujarat 


Welspun Group is planning an integrated textile manufacturing zone in Gujarat with an investment of Rs.2000 crore. It will also invest Rs 1000 crore on capacity enhancement of its technical textile business and another Rs.1000 crore for aerospace, defence and automobiles division in Gujarat. MoUs for the projects are to be signed at the ongoing Vibrant Gujarat Summit 2017.

Extracted from BS, Jan 11,’17

 

Rongxin Power Electronics Files IEM For Electrical Equipment Unit In Eastern India 


Rongxin Power Electronics India Private Limited has filed IEM for an electrical equipment (Other) unit in dist.Hooghly, West Bengal.

 

L&T, Pallonji, Tatas Among 29 Shortlisted For MTHL project 


The Mumbai Metropolitan Region Development Authority has shortlisted 29 contractors for the three packages of the 22km-long Mumbai Trans-Harbour Link (MTHL) project, which is likely to cost over Rs 17,000 crore. It has fixed April 5, ‘17 as the last date for submitting the RFP documents. 

Extracted from ET, Jan 10,’17

 

Secure Meters Files IEM For Energy Metres Unit In Western India 


Secure Meters Limited has filed IEM for an electronic energy metres and accessories unit in dist. Ahmedabad, Gujarat.

 

Maharashtra Transport Department To Redevelop 13 Bus Depots 


The Maharashtra state transport department will set up 13 bus depots also include the Panvel bus depot and the Borivali (Nancy colony) bus depot, and the others are outside the city, Pune, Nagpur, Sangli, Aurangabad, Kolhapur. Tenders for the development of nine depots have been called for.

Extracted from TNN, Jan 09,’17

 

Tata Power Delhi Distribution Commissions New Substation In Delhi 


Tata Power Delhi Distribution Ltd has commissioned a 66/11 kV AIS Grid Substation at Dheerpur, Delhi in Jan’17. The newly commissioned Grid Substation has an installed capacity of 50 MVA, with 16 outgoing feeders at 11 kV level. It is an unmanned Substation and will be remotely operated from Tata Power- DDL’s Supervisory Controlled and Data Acquisition Center.

Extracted from ET, Jan 09,’17

 

InstaEMI Expands To More Metro Cities 


InstaEMI, a Hyderabad-based financial services platform, which has tie-ups with 30 banks and over 40 asset management companies to provide personal finance products, is planning to expand its presence in metro cities across the country including New Delhi, Mumbai, Pune and Kolkata.

Extracted from ET, Jan 09,’17

 

Gujarat Govt To Sign MoU For India’s 1st 500 MW Offshore Wind Project 


The Gujarat state government will sign a MoU with Samiran Udaipur Windfarms Limited in the upcoming Vibrant Gujarat Summit for a 500 MW offshore wind power project in Gujarat. The wind power project is expected to take shape in the Gulf of Kutch near Jakhau.

Extracted from IE, Jan 07,’17

 

HZL Gets Green Nod For Rs 1,200 cr Zawar Mines Expansion Project 


Hindustan Zinc Ltd, a Vedanta Group firm, is planning to expand its Lead-Zinc and ore beneficiation capacity to 4 MTPA from its current 1 MTPA at its Zawar mines located in dist. Sarada, Rajasthan. The Rs.1,2000 crore project has received env. clearance with certain conditions.

Extracted from BS, Jan 06,’17

 

Delhi Metro Phase-4 Gets Government Nod 


The government of Delhi has approved Delhi Metro’s Phase-4 project in Jan 2017. The mega project, as part of which 72 new stations will be built, will cost over Rs 50,000 crore, which is to be borne equally by the state and the Centre. The next clearance has to be given by the Union government. Once it is done, work will start. The project will come up within six years of initiation of construction work.

Extracted from TNN, Jan 06,’17

 

OnePlus Opens Its First One-Stop Destination Store In India 


OnePlus, Chinese smartphone maker, has opened its first 'Experience Store' in Bengaluru, Karnataka. The store will provide customers an immersive experience of all OnePlus products, including smartphones, accessories and lifestyle merchandise. The store will also act as a hub of various community engagement activities.

Extracted from BS, Jan 06,’17

 

DRDO Planning Research Campus In Madhya Pradesh 


The Defence Research and Development Organisation is planning to develop a major facility at Kailaras in dist. Morena, Madhya Pradesh on 900 hectares of land. The land acquisition is under progress.

Extracted from ET, Jan 06,’17

 

Symbiosis Coming Up With Its Second Largest Campus In Nagpur 


Symbiosis International University is setting up a campus at Wathoda, in Nagpur, Maharashtra on 75 acres of land. The Nagpur Municipal Corporation has allotted the land. The Nagpur campus will offer BBA-MBA, BA LLB and BBA LLB, design (fashion & textile), skill development in fields of health, information technology and communication.

Extracted from HBL, Jan 05,’17

 

Goa Will Get Two Health Institutes Under AYUSH 


According to the Union Minister of State for AYUSH Sripad Naik, the ministry will establish National Institute of Ayurveda in Dhargal, Pernem taluk of North Goa. The Goa state government has issued 2.25 lakh square metre land for it. Meanwhile, the ministry will also set up a PG college in Ayurveda, an Ayurveda research centre, and an Ayurveda/yoga and naturopathy hospital with an estimated cost of Rs. 250 crore.

Extracted from The Hindu, Jan 04,’17

 

Lenskart Plans Satellite Manufacturing Units 


Lenskart is planning to set up 8-10 satellite manufacturing units India. With funding of about Rs. 720 crore over the past five years, it plans to double its offline eyewear store from 250 to 500 by this year-end and commissioning of its $10 million manufacturing base near Delhi. This will quadruple its manufacturing capability from 10,000 units to over 40,000 units per day.

Extracted from HBL, Jan 04,’17

 

Fortis To Add 5-6 Hospitals In 18 Months 


Fortis Hospitals is planning to add another five to six hospitals through the operations and management strategy in the next 18 months in India. It has also plans to expand in markets like Africa and Bangladesh through the management and operations model for some time now.

Extracted from BS, Jan 04,’17

 

CU To Set Up Rs 1-Crore Molecular Biology Centre 


Calicut University will set up a Centre for Molecular Biology with the investment of Rs.1 crore. The centre can be used by all varsity departments and affiliated colleges. It would have advanced laboratory equipment, including real time PCR, Gel documentation system, Co2 incubator, Inverted microscope, among other equipment.

Extracted from TOI, Jan 02,’17

 

Ghaziabad Authority Pays Rs 50 Crore Instalment For Metro 


The Ghaziabad development authority has forwarded a payment of Rs 50 crore to the Delhi Metro Rail Corporation (DMRC) for the under construction 9.41km metro route in Ghaziabad. With the instalment, the authority has so far paid up nearly Rs 540 crore out of its share of Rs 695.8 crore towards the project.

Extracted from HT, Dec 31,’16

 

Centre Okays Bhadradri Thermal Project 


Telangana State Power Generation Corporation has been issued a NOC by the Union Ministry of Power for 1,080 MW (270x4) Bhadradri Thermal Power Project at Manuguru in dist Kothagudem. The project is expected to be completed by end of 2017.

Extracted from The Hindu, Dec 31,16

 

Uflex Ltd’s Rs 580 Crore Gujarat Aseptic Packaging Plant To Be Operational By April 


Uflex Ltd is setting up an aseptic packaging plant for liquid products at Sanand, Gujarat in 21 acres of land. The plant will be commissioned by April 2017.The investment towards the aseptic packaging plant is Rs 580 cr while its total investment over the next two-three years would be Rs. 1200 crore.

Extracted from ET, Dec 30,’16

 

NTPC Inaugurates Data Recovery Centre At Secunderabad 


NTPC has inaugurated the Data Recovery Centre at NTPC Southern Region Headquarters at Secunderabad. The Centre spread over about 2000 square feet server farm area, has Integrated Intelligent Building Management System and Data Centre Infrastructure Management Systems.

Extracted from BS, Dec 29,’16

 

Prestige Group To Open 2 Hotels In Bengaluru 


Prestige Group plans to open Sheraton Grand Whitefield Hotel and the Conrad Hotel, at Ulsoor, Bengaluru. Conrad Hotel is located right in the heart of Bengaluru’s CDB area, while Sheraton Grand is in Whitefield. The Rs.1000 crore hotels will be ready by April 2017.

Extracted from HBL, Dec 29,’16

 

Gujarat Registers 445% Growth In Pharma Exports Over Last 10 Years 


According to Gujarat FDCA, the state has contributed nearly 40 per cent of India’’s pharma production and 28 percent of pharma exports, has registered 445 per cent growth in the pharma exports in the past one decade. The state has 3300 manufacturing units in four large clusters with 5 Special Economic Zones in an area of over 1500 hectares, as per government of Gujarat data released as part of the 8th Vibrant Gujarat Global Summit (VGGS) - 2017. 

Extracted from Pharmabiz, Dec 29,’16

 

Prism Cement Files IEM For A Cement Unit in Madhya Pradesh 


Prism Cement has filed IEM for a cement unit in dist.Satna, Madhya Pradesh.

 

Chandigarh Housing Board To Set Up Multi-Purpose Complex In Tech Park 


Chandigarh Housing Board has decided to develop a multi-purpose complex in Rajiv Gandhi Chandigarh Technology Park, Chandigarh on 123 acres of land. The complex will include studio apartments for employees working in the IT sector, hotels, office space, institutions like India Habitat Centre, India International Centre, old age homes and a financial hub.

Extracted from ET, Dec 28,’16

 

Madhya Pradesh Cabinet APPROVEs DPR for Metro Rail In Bhopal And Indore 


The Madhya Pradesh state cabinet has approved the DPR of the Metro rail projects for Bhopal and Indore. These projects would cumulatively cost Rs. 14,485.55 crore.

Extracted from ET, Dec 27,’16

 

Army To Set Up R&D Cell At IIT-Gandhinagar 


The Indian Army is to set up an R & D cell in the campus of IIT – Gandhinagar. It will attempt to solve the technical challenges faced by the army. The Indian arm has signed an agreement with the IIT- Gandhinagar for the same.

Extracted from HBL,Dec 27,’16

 

AkzoNobel India Opens Specialty Coatings Facility In Noida 


AkzoNobel, a global paints and coatings company, has inaugurated the first of its kind specialty coatings production facility and colour laboratory in Noida, Uttar Pradesh. The Rs.3 crore facility will manufacture 600 KL of coatings annually. The second phase will be commissioned shortly.

Extracted from ET, Dec 26,’16

 

Govt To Build Rs 361 Crore Bus Terminal In Patna 


The Bihar state government is setting up an interstate bus terminal on a 26-acre plot in Pahari area, Bihar. The terminal will be completed in next two years. The Rs.361 crore terminal will have commercial complex, waiting lounge, dormitory for drivers, food court, fuel refilling centre and parking lot for taxis and auto rickshaws.

Extracted from TNN Dec 25,’16

 

50 Biotech Labs To Be Set Up In Arunachal  


According to the Union Minister for Science and Technology, Harsh Vardhan, a total of 50 biotechnology laboratories will be set up in Arunachal Pradesh. The programme is part of a larger initiative to establish labs in Assam, Arunachal Pradesh, Meghalaya, Mizoram, Tripura, Nagaland, Sikkim and Manipur.

Extracted from The Hindu, Dec 24,’16

 

 

Suzuki 2Wheelers Opens Two Dealerships In Pune 


Suzuki Motorcycle India has inaugurated Dream Suzuki and Bunty Suzuki, new dealerships in Pune, Maharashtra. With this the total count of dealerships rose to 13 in Pune and 66 in Maharashtra. Suzuki now has a network of 448 dealerships across the country.

Extracted from ET, Dec 23,’16

 

Zilla Parishad To Set Up STPs In 5 villages 


The Zilla Parishad - an apex administrative body for village panchayats in Maharashtra, is going to provide alternate land space to set up sewage treatment plants at Villages Kabnoor, Pattankodoli, Hupari, Rukadi and Rendhal. It has sought funds from NABARD.

Extracted from TNN, Dec 23,’16

 

Waste-To-Energy Plant To Come Up At Ghazipur 


The Delhi government has decided to set up a waste-to-energy plant at the Ghazipur poultry and fish wholesale market in Delhi. The capital expenditure on this plant will be Rs 3.33 crore, while the total cost of setting it up and running it for a period of five years will be Rs 6.66 crore.

Extracted from TNN, Dec 23,’16

 

Essar Oil To Double Its Petrol Pumps To 5,600 In 18 Months 


Essar Oil, which has 2,823 operational outlets across the country, is planning to double its count to 5800 in the next 18 months. Meanwhile, the company will also invest Rs. 1,200 crore to upgrade certain units in its refinery at Vadinar, Gujarat.

Extracted from ET, Dec 22,’16

 

EIL To Set Up 1 MTPA Petrochemical Plant In AP 


Engineers India Ltd will set up a 1 million tonne per annum petrochemical complex near the Kakinada port in Andhra Pradesh. The DPR for the same is to be ready by March 2017. Land is yet to be acquired. Approximate cost of the project is around Rs. 30,000 crore.

Extracted from HBL, Dec 22,’16

 

Khadi Board To Set Up Mustard Oil Ghani Plant 


The Odisha Khadi and Village Industries Board has set up a mustard oil ghani plant on the premises of Udyogpuri in Gandamunda. The plant with a capacity of 60 litres a day has been set up with an investment of Rs 15 lakh.

Extracted from TNN, Dec 21,’16

 

Speciality Hospital, Three Infra Plans Get Approval 


Bhubaneswar Municipal Corporation will set up a greenfield multi-specialty hospital in Bhubaneshwar. It is also decided to upgrade five of its dispensaries under PPP mode in DBFOT basis. Total cost of the project is Rs.424 crore. The State level committee on infrastructure development has approved these projects.

Extracted from NIE, Dec 21,’16

 

Swaraj India Agro Files IEM For A Chemical Products Unit In Western India 


Swaraj India Agro Limited has filed IEM for an agrochemical products (N.E.C) unit in dist.Satara, Maharashtra.

 

MVR Cancer Centre To Be Commissioned On Jan 17 


The MVR Cancer Centre and Research Institute, the state-of-the-art cancer centre spread on 15.5 acres at Chooloor near Vellalasseri will be commissioned on January 17. Approximate cost of the project is around Rs.450 crore.

Extracted from ET, Dec 19,’16

 

AGS Health To Open Facilities In Chennai, Hyderabad 


AGS Health, a revenue cycle management solutions provider to the US healthcare institutions, will open a 500 seats facility in Chennai by April 2017. It will also open a 600 seats facility in Hyderabad by the end of 2017.

Extracted from HBL, Dec 18,’16

 

Kochi Cancer Institute To Be 213-Bed Hospital In Phase-1 


The HSCC India Ltd is to construct the Kochi Cancer Institute and Research with the investment of Rs.360 crore in two phases, funded by Kerala Infrastructure Investment Fund Board. The first phase will have 213 beds hospital and will be completed within three years. The research institute is to be established in the second phase.

Extracted from TNN, Dec 15,’16

 

Cisco Bags Deals To Build IoT innovation Hub, Smart City In Gujarat 


Cisco has inked two agreements with the International Centre for Entrepreneurship and Technology (iCreate) and GIFT in Gujarat for setting up an IoT innovation hub and a smart city project. No financial details of the two projects were disclosed.

Extracted from BS, Dec 15,’16

 

IBM, Nasscom Set Up Tech Hub For Start-Ups 


IBM and Nasscom have teamed up to build a digital platform for start-ups to network with the ecosystem. To be hosted on IBM Cloud, the platform Techstartup.in helps start-ups, investors and venture capitalists and mentors to keep in touch with each other in Hyderabad.

Extracted from HBL, Dec 15,’16

 

Astra Solren Files IEM For A Power Plant In Gujarat 


Astra Solren Private Limited has filed IEM for a solar power plant in dist.Patan, Gujarat.

 

Bharat Sanchar Nigam Limited Plans To Set Up 100 4G Towers Next Year 


The BSNL Vizag District has also got permission to set up around 100 new 4G towers in the city. Tenders will be floated shortly, by the end of May 2017, 4G towers will be installed and ready for services. Meanwhile, it has also received sanction for 60 new 3G towers for the rural areas and more than 30 3G towers are under various stages of execution.

Extracted from TNN, Dec 13,’16

 

KRBL Set Up A Furfurly Alcohol Plant 


KRBL has set up a Furfurly Alcohol (Furfurly Alcohol is a liquid organic chemical) plant at the total cost of Rs 7 crore. The commercial production of this furfurly alcohol is expected to commence shortly.

Extracted from BS, Dec 13,’16

 

Sandhar Automotives Files IEM For An Engineering Unit In Southern India 


Sandhar Automotives has filed IEM for locks (Used for Vehicles) unit in dist. Bangalore (Urban), Karnataka.

 

GE Healthcare Selected As Preferred Radiology Partner For IUIH Medicities Being Set Up Across 11 States In India 


GE Healthcare has been selected as technology partner in radiology by Indo-UK Institute of Health for its IUIH Medicities programme in India. The partnership will create and deliver significant value throughout the continuum of diagnostic imaging, driven by a combination of high-technology premium products, clinical training and world-class customer services. The partnership also includes setting up of a training and education centre on the campus of one of IUIH’s Medicities with GE Healthcare providing course content and skill creation training programmes to the students. 

Extracted from ET, Dec 12,’16

 

Mahagenco Gets Mining Lease For Chhattisgarh Coal Block 


Mahagenco has got the mining lease for its Gare Pelma II coal block in dist. Raigarh, Chhattisgarh. Now, the company can begin the process of land acquisition. As per the deadline given by the Union ministry of coal, Mahagenco has to start production by December 2019.

Extracted from TNN, Dec 12,’16

 

CONCOR To Invest Rs. 100 Crore In Nanjangud 


The Container Corporation of India Ltd (CONCOR) is to set up a greenfield inland container yard at Kadakola near Nanjangud on 55 acres of land. Approximate cost of the project is around Rs.100 crore.

Extracted from The Hindu Dec 12,’16

 

Bhushan Power Gets Green Nod For Rs 9,090 Cr Expansion Project In Odisha 


Bhushan Power and Steel Ltd has proposed to enhance production capacity of crude steel from 3 million tonnes per annum (MTPA) to 5.5 MTPA and captive power from 560 MW to 710 MW at its premises in dist. Sambalpur, Odisha. The Rs. 9,090cr project has received environment clearance for the same.

Extracted from ET, Dec 11,’16

 

Janani Foods Inks MoU With Haryana For Rs. 400 Cr Project 


Janani Foods Pvt Ltd is planning an integrated horticulture processing project in Barwala, Haryana. It aims to invest around Rs.400 crore for the project. The company has signed a MoU with the Haryana state government for the same.

Extracted from HBL Dec 11,’16

 

Indian Manufacturing Sector May Improve In Oct-Dec: FICCI 


According to FICCI’s latest quarterly survey on manufacturing, India’s manufacturing sector may show growth improvement in the October-December quarter with a slightly better outlook for production, driven by better export prospects.

Extracted from HBL, Dec 11,’16

 

Vortex To Raise Up To $5 mn. For Expansion 


Vortex Engineering Pvt. Ltd, the makers of Ecoteller mini Automated Teller Machines, is planning to raise $3 million to $5 million from the existing investors to meet its future programme. It is in the final stages of discussion and will use this fund for product development, overseas business expansion plan and capacity expansion.

Extracted from The Hindu, Dec 09,’16

 

Alcatel Plans To Increase Offline Presence To 5K Stores By Mar 


Alcatel India, a Smartphone maker, will expand its retail network to 5,000 stores through setting up stores in the states of Delhi, Karnataka, Tamil Nadu, Uttar Pradesh and Maharashtra by March 2017. Each state will have 1000 stores.

Extracted from BS, Dec 08,’16

 

City Corpn Plans To Set Up Two Eco-Parks 


The Coimbatore City Corporation is planning eco-parks at VOC Park and Veerakeralam in the city. The parks will have all the modern amenities and facilities. It will soon prepare a detailed project report for these parks and send a proposal to the government.

Extracted from TNN, Dec 08,’16

 

Clarks Open Store At Mumbai Airport 


Shoe retailer Clarks has launched its first store for travelers in India at the Mumbai International Airport. The outlet at Terminal 2 is Clarks' third airport store in the Asia pacific region. The brand will offer classic, stylish and innovative shoes for men, women and kids that are crafted to ensure great fit, quality, comfort, value and performance.

Extracted from ET, Dec 07,’16

 

Petronet Plans Retail Foray; To Set Up LNG Fuel Outlets 


Petronet LNG Ltd is in talks with oil marketing companies like Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation to use their retail outlets to sell LNG at least at 1000 retail outlets across the country within the next three years.

Extracted from BS, Dec 06,’16

 

United Technologies Opens New Hyderabad R&D Centre 


United Technologies Corp has opened a new R & D centre in Hyderabad. It would house engineers supporting R&D efforts for United Technologies business units including UTC Climate, Controls & Security and Otis. The 151,000-square foot facility is expected to add additional talent in the next few years.

Extracted from BS, Dec 05,’16

 

GJEPC Setting Up Indian Institute Of Gem & Jewellery In Varanasi 


The Gem & Jewellery Export Promotion Council (GJEPC) is setting up the first-of-its-kind Indian Institute of Gem & Jewellery (IIGJ) in Varanasi, Uttar Pradesh. Varanasi is the fifth centre in the country after Mumbai, New Delhi, Jaipur and Kolkata to have an IIGJ campus.

Extracted from ET, Dec 04,’16

 

Prajay Engineers Launches Affordable Housing Project 


Prajay Engineers Syndicate Ltd is planning to develop 15,000 affordable homes in Hyderabad and its surrounding locations by the year 2019. The company has thus far delivered over 100 projects over the past three decades. 

Extracted from HBL, Dec 02,’16

 

Creative Garments Files IEM For Radymade Garments Unit In South India 


Creative Garments Private Limited has filed IEM for a readymade garment in Bangalore (Urban), Karnataka.

 

General Electric Setting Up Diesel Loco Maintenance Unit In UP 


General Electric (GE) is setting up a locomotive maintenance unit at Roza in dist. Shahjahanpur, Uttar Pradesh. The Roza unit with a covered area of roughly 2 lakh sq ft, is projected to be completed by next year.

Extracted from BS,Dec 02,’16

 

Fertilizer Ministry Seeks Funds For Setting Up 11 New CIPET Centres 


According to the Union Minister of State for Fertilisers, Mansuk L Mandaviya, the Centre has approved setting of up of Central Institute of Plastics Engineering and Technology in Jammu and Kashmir, Uttarkhand, Uttar Pradesh, Bihar, Rajasthan, Tripura, Karnataka, Andhra Pradesh, Jharkhand, Chhattisgarh and Maharashtra. Funds/budget for setting up of these centres have been requisitioned from the Ministry of Finance.

Extracted from ET, Dec 02,’16

 

Singareni Begins Commercial Operation Of 600 MW Unit 2 Of Thermal Power Project 


The Singareni Collieries Company Limited has begun commercial operations of the second unit of 600 MW coal fired thermal power project at Jaipur, dist. Adilabad, Telangana. The 72-hour-long Commercial Operation test was completed in Dec’16.

Extracted from HBL, Dec 02,’16

 

3 Pharma Majors To Invest 800 Crore In Pithampur 


Ajanta Pharma, Alkem and Rusan Pharma is planning an export oriented manufacturing units at the Pithampur Special Economic Zone (SEZ) in Madhya Pradesh. The state government has allotted land for the same. Cumulative investment is around Rs.800 crore.

Extracted from TNN, Dec 01,’16

 

Azure Power Begins Work On 100 MW NTPC Solar Project In AP 


Azure Power has started the construction of its 100 MW solar power plant in Andhra Pradesh and expects to complete it during the second quarter of 2017. It has secured land and financing for this project. The project was auctioned by NTPC, designated under National Solar Mission for a total capacity of 1000 MW of solar power projects at Kurnool Ultra Mega Solar Park. 

Extracted from HBL, Dec 01,’16

 

6-Lane Ahmedabad-Rajkot Highway Gets Green Signal 


The central government has allocated Rs 797 crore grant from the Central Road Fund for the development of around 360 km state highway connecting 24 districts in Gujarat. The Centre has also given in-principal approval for the six-laning of the Ahmedabad-Rajkot Highway with road access control. The estimated project cost will be around Rs 2,500 crore.

Extracted from TNN, Dec 01,’16

 

Clove Dental To Invest $30 Million On Expansion 


Clove Dental is planning to add another 34 clinics to its existing 160 clinics by the year-end by investing around $25-30 million. For the next phase, Clove has set a target of increasing the number of clinics to 600. It plans to achieve this number by adding 10-12 clinics every month for the next four years.

Extracted from The Hindu, Nov 30,’16

 

GE To Create 1,000 Tech Positions At India Hub 


GE has opened its largest digital hub in Bengaluru. The hub will deliver solutions for the Industrial Internet of Things for its customers, making it easier for industrial companies to execute a strategic digital transformation to drive internal productivity. It will also create an additional 1,000 tech positions.

Extracted from HBL, Nov 30,’16

 

Naveen Patnaik Inaugurates Ferrochrome, Titanium Units 


The Odisha Chief Minister, Naveen Patnaik, has inaugurated two major industrial projects near Gopalpur in South Odisha. The projects are a ferrochrome plant of Tata Steel built at a cost of Rs 542 crore and a high-titanium slag making unit of Kolkata based Saraf Agency set up with an investment of Rs 350 crore.

Extracted from BS, Nov 30,’16

 

SLO Industries Files IEM For Billets Unit In TN 


SLO Industries Limited has filed IEM for M S Billets Unit in dist. Thiruvallur, Tamil Nadu.

 

Filatex India Files IEM For Polyster Chips Unit In Western India 


Filatex India Limited has filed IEM for a polyeter chips unit in Bharuch, Gujarat.

 

Indian Economy Grew 7.1% In First Six Months Of Current Fiscal 


According to the Union minister, Nirmala Sitharaman, India's economy grew at 7.1 per cent in the first six months of the current financial year despite subdued growth in the world economy. She further said that, India has maintained a GDP growth rate of 7.2 per cent in 2014-15, 7.6 per cent in 2015-16 and 7.1 per cent during April to September of 2016-17.

Extracted from TNN, Nov 28,’16

 

Gujarat Gives Nod To Set Up 16 Industrial & Logistics Parks 


The Gujarat government has given its in-principle approval for setting up industrial parks at Viramgam, Bavla, Mandal and Sanand talukas of Ahmedabad district, Karjan (Vadodara), Kadi (Mehsana), Kamrej and (both in Surat district).  The govt has also approved approval for setting up three logistic parks in Surat, Valsad and Patan districts. The industrial parks would fetch a cumulative investment of Rs 2,494 crore, while logistics hubs would bring in Rs 335 crore.

Extracted from BS, Nov 28,’16

 

Khattar Grants Approval To Set Up Hospital At Gurugram 


The Government of Haryana has given in-principle approval to set up a 300-bedded government medical college and hospital at Gurugram, Haryana. Initially it would be set up with 100 MBBS seats but a provision would be made to increase the number of seats to 200 and addition of a dental college with 100 BDS seats and provision of MD or MS and MDS courses in future. It would also be upgraded to a 500 bedded hospital in future.

Extracted from BS, Nov 27,’16

 

Haryana To Set Up 133 MW Solar Plants 


According to the Haryana Chief Minister, Manohar Lal Khattar, the Haryana government will set up solar power plants of 133 MW capacity by using ground and roof tops in the state. He has inaugurated Haryana Power Generation Corporation Limited’s 10 MW solar power plant in the complex of Thermal Power Plant. The Rs. 57.67 crore has been set up on 48 acres of land will generate 180 lakh units of electricity in a year. 

Extracted from BS, Nov 25,’16

 

German Home Appliances Major BSH Opens Technology Centre In Bengaluru 


BSH Household Appliances Group, Europe’s largest manufacturer of home appliances, has opened its first technology centre in India at Adugodi (Bengaluru). The new 2,500-sq m centre will help BSH to further develop localized technologies for the Indian market and to become the heart of product development for the Asia Pacific region as well as emerging countries in South America and Africa.

Extracted from BS, Nov 25,’16

 

Government Clears 75 Proposals Under M-SIPS For Manufacturing 


The Union government has approved 75 proposals involving an investment of Rs 6,038 crore in the first phase under the Modified Special Incentive Package Scheme. These projects are across States like Haryana, Karnataka, Maharashtra, Kerala, Rajasthan, Tamil Nadu, Uttar Pradesh, West Bengal and Uttarakhand. The scheme offers subsidies to large investments in electronics manufacturing and system design. M-SIPS, which were earlier valid till July 2017, have been extended till July 2020. 
Extracted from ET, Nov 25,’16

 

Grupo Antolin To Set Up Shop In Amaravati 


Grupo Antolin Engineering Design Centre, supplier of automobile interiors to Audi and Mercedes Benz cars will set up its unit in Amravati, Andhra Pradesh. The company plans to set up its designing unit at Medha Towers in Gannavaram. It is planning to start with 120 employees and increase the strength to 400 in a phased manner.

Extracted from The Hindu, Nov 24,’16

 

Centre To Set Up 1000 Skill Development Centres In Pb 


The Punjab Deputy Chief Minister Sukhbir Singh Badal has said that the union government has approved setting up of 1,000 skill development centres in the state and nearly 5 lakh youth will be imparted training every year there.

Extracted from BS, Nov 24,’16

 

M G Threads Files IEM For A Cotton Yarn Unit In Western India 


M G Threads has filed IEM for a cotton yarn unit in dist. Banaskantha, Gujarat.

 

Tata Steel To Commission Gopalpur Plant On Nov 30 


Tata Steel is set to commission its 55,000 tonne per annum ferrochrome plant at Gopalpur in south Odisha on November 30th. Approximate project investment is Rs. 542 crore.

Extracted from BS, Nov 23,’16

 

Tata Sons Plans To Set Up An Incubator In Bengaluru or Pune 


Tata Sons is planning an incubator either in Pune or in Bengaluru. It is currently in the process of defining the process and laying out the blueprint for the same.

Extracted from ET, Nov 21,’16

 

Uniworth Enterprises Files IEM For PVC Film Unit In Western India 


Uniworth Enterprises LLP has filed IEM for a PVC Film unit in Ahmedabad, Gujarat.

 

Work Begins On Colaba Sewage Treatment Plant 


The Municipal Corporation of Greater Mumbai is implementing a 37-million-litre sewage treatment plant at Colaba.  The plant will collect waste water from Afghan Church, Kitteries Road, Robert Road, Merryweather Road, NF Road and A-ward areas. This water will be treated and discharged into the sea through a 1,200 mm outlet.

Extracted from The Hindu, Nov 21,’16

 

Miraj Cinema To Invest Rs.60 Crore, Set Up 37 Screens 


Miraj Cinema is planning to set up 37 screens in both metros and tier II cities by the second quarter of next year in India. Approximate investment is around Rs. 60crore and funded through internal accruals. Meanwhile, the company also has interests in film production.

Extracted from HBL, Nov 20,’16

 

Alprose Industries Files IEM For Fabrics Unit In Western India 


Alprose Industries Private Limited has filed IEM for denim fabrics unit in dist. Amravati, Maharashtra.

 

Parle Agro Files IEM For Bevergaes Unit In Karnataka 


Parle Agro (P) Limited has filed IEM for ready to drink beverages unit (Fruit juice based) in dist. Mysore, Karnataka.

 

Chinese Land Development Firm Submits Proposal To Haryana 


China Fortune Land Development (CFLD) has submitted a proposal to Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) for joint development of an industrial township at Sohna. Approximate investment is around Rs 17,000 crore.

Extracted from BS, Nov 17,’16

 

Refinery Expansion Works Begin 


HPCL’s Visakh Refinery Modernisation Project is going on in full pace to increase capacity from 8.33 to 15 MTPA with bottom upgradation to produce BS VI fuels with an outlay of Rs 20,928 crore. The environmental clearance and consent to establish for the project have been received. Licensor selection and basis design and engineering packages are under progress. 

Extracted from The Hindu, Nov 16,’16

 

Vivo To Double India Manufacturing Capacity By Next Year 


Vivo, a Chinese handset vendor, is planning to double its manufacturing capacity in India by next year. The current capacity is one million pieces a month and will be expanding it by another one million. It is looking at more space to set up lines.

Extracted from ET, Nov 15,’16

 

Universal Comfort Products Files IEM For Air Conditioners Unit In North India 


Universal Comfort Products Limited has filed IEM for air conditioners unit in Udhamshingh Nagar, Uttarakhand.

 

Kakkanad Extension Gets Rs.1,314-cr. Loan 


Kochi Metro Rail will receive loan of around Rs.1,314 crore from the French agency Agence Francaise de Developpement (AFD) for its 11-km-long Kakkanad extension (from International Stadium, Kaloor to Infopark via Kakkanad ) rail project that is slated to cost Rs.2,024 crore.

Extracted from The Hindu, Nov 15,’16

 

Paradip Port Choses Consultant For Rs 8200 Cr Outer Harbour Project 


Paradip Port Trust has roped in Howe Engineering Products (India) Ltd as consultant for carrying out the feasibility study for its outer harbour project taken up under Government of India's Sagarmala initiative. The consultant will submit the report within six months. The outer harbour estimated to cost Rs 8200 crore would have a cargo handling capacity of 160 million tonne per year.

Extracted from BS, Nov 15,’16

 

Godrej Agrovet Files IEM For A Poultry Feed Unit In Rajasthan 


Godrej Agrovet Limited has filed IEM for a poultry feed unit in Bundi, Rajasthan.

 

Lanco Solar Energy Files IEM For Solar Photovoltaic Cells Unit In Western India 


Lanco Solar Energy Private Limited has filed IEM for a solar photovoltaic cells unit in dist. Rajnandgaon, Chattisgarh.

 

Maruti Suzuki To Set Up Industrial Training Institute 


Maruti Suzuki in collaboration with the government of Japan will set up an industrial training institute in Mehsana, Gujarat. The institute named “JIM” will be operational from August 2017. The company has committed an initial investment of Rs 3.2 crore for the project.

Extracted from BS Nov 15,’16

 

Apollo Hospitals In Expansion Mode; To Invest Rs 1,400-Crore 


Apollo Hospitals is planning to invest Rs. 1,400 crore over the next couple of years to open new hospitals and expansion of already existing healthcare centres in India. It is also looking to open its own hospital in Guwahati and also it has already acquired land in Jaipur to set up a hospital in future.

Extracted from BS Nov 14,’16

 

Ujjivan Gets Final RBI Nod For Small Finance Bank 


Ujjivan Financial Services has informed that it has received the final licence from Reserve Bank of India to start small finance bank. It is expected to begin the journey in the first quarter of 2017. 

Extracted from ET, Nov 14,’16

 

IT Park To Come Up In Khammam 


The Telangana state government proposes to set up an Information Technology (IT) Tower near the Industrial Estate in Khammam. The Tower will spread over 50,000 sq ft, will facilitate IT-enabled back office operations and create employment opportunities for the local engineering graduates.

Extracted from The Hindu, Nov 14,’16

 

Amazon To Set Up Shop In Coimbatore 


Amazon Development Centre (India) Private Limited plans new unit at Coimbatore Hi-Tech Infrastructure Private Limited IT/ITES Special Economic Zone with a projected investment of Rs. 32.12 crore over a period of five years. The company is expected to start operations in Coimbatore shortly.

Extracted from The Hindu, Nov 13,’16

 

Oriental Yeast Files IEM For Bakery Products Unit In Maharashtra 


Oriental Yeast India Private limited has filed IEM to manufacture bakery products in Satara, Maharashtra.

 

Divine Solren Files IEM For A Solar Power Plant In South India 


Divine Solren Private Limited has filed IEM for a solar power plant in Adilabad, Telangana.

 

Australian Mining Giant To Set Up Steel Plant In Kurnool District 


NSL Consolidated, an Australian mining giant, has provided in-principle clearance by the Government of Andhra Pradesh for setting up an integrated steel plant through its Indian subsidiary NSL Mining India (NMI), along with Wei Hua Group Co. Ltd and other companies from China, at Orvakal in Kurnool district.The project is estimated to cost Rs.3000 crore.

Extracted from The Hindu, Nov 12,’16

 

Steel PSU NINL Gets Green Nod For Koida Iron Ore Mines 


Neelachal Ispat Nigam Ltd (NINL) has bagged the environment clearance for its Koida iron ore mines spread across Keonjhar and Sundargarh districts. The ministry has provided the green clearance with a production capacity of two million tonne per annum. Forest clearance for the mining project is expected to be cleared by the end of this month.

Extracted from BS, Nov 11,’16

 

OC Tanner To Set Up Software Development Center In Hyderabad 


OC Tanner will be setting up its software development center in Hyderabad. The company is scouting for office locations and start recruiting for the center, which would be functional in early 2017.

Extracted from ET, Nov 11,’16

 

Alicon Castalloy Files IEM For A Casting Unit In Maharashtra 


Alicon Castalloy Limited has filed IEM for casting (Non-Ferrous metals) unit in Pune, Maharashtra.

 

Greenchef Appliances Files IEM For Home Appliances Unit In South India 


Greenchef Appliances Limited has filed IEM for home appliances unit in Tumkur, Karnataka

 

Palakkad Municipality To Set Up Automatic Waste Plant 


Palakkad municipality will soon have a 100 tonnes a day fully automatic solid waste processing plant in Palakkad. The Rs.4.5 crore unit to be established with the technical backing of New Delhi-based Alfa-Therm India Limited will also convert biodegradable waste into manure.

Extracted from The Hindu, Nov 09,’16

 

Sanghi Ind To Raise 1.2k Cr For Expansion 


Sanghi Industries Ltd is planning to expand its cement manufacturing capacity from its current 4.1 MTPA to 8.1 MTPA. This is its second phase of its expansion. The company is looking at raising Rs 1,200 crore to fund its proposed expansion .The company is also establishing 15 MW Waste Heat Recovery System, which will convert waste heat into power. This is likely to come on stream in two years.

Extracted from TNN, Nov 08,’16

 

HDFC Bank Mulling Setting Up 10 New Branches In MP 


HDFC Bank is planning to set up 10 new branches in Madhya Pradesh. The places identified for the purpose include Anjad and Shajapur. 

Extracted from BS, Nov 08,’16

 

Seshasayee Paper Looking At Rs.200-Cr Capex For Expansion 


Seshasayee Paper and Boards is planning to enhance its pulp output at is two plants located in districts Erode and Tirunelveli in Tamil Nadu.The company is in the process of adding Rs.200 crore capital for its projects.

Extracted from HBL, Nov 07,’16

 

Philips Opens Seventh LightLounge In Hyderabad 


Philips Lighting has opened its seventh LightLounge in Hyderabad. This is its 62nd store in South India. This LightLounge displays over 600 home decorative lighting designs and also features the recently launched Philips Hue, a web-enabled LED home lighting system which allows users to create and control the light using their smartphone.

Extracted from HBL, Nov 07,’16

 

Fortune Cotton and Agro Files IEM For A Solar Power Plant In South India 


Fortune Cotton and Agro Industries has filed Files IEM for a solar power plant in Haveri, Karnataka.

 

Foxconn's Next India Facility To Be In Navi Mumbai 


Foxconn is planning a 2 million per month mobile manufacturing factory in Navi Mumbai, India. It will be set up by early next year. The factory will start manufacturing phones and gradually move on to other products.  The company will entail an initial investment of $20-30 million for the project.

Extracted from ET, Nov 04,’16

 

Rajasthan Expects Rs 7,000-Crore Investment During Agri-Meet 


According to the Rajasthan State Agriculture Minister, Prabhu Lal Saini, the Rajasthan govt is expecting an investment of Rs 7,000 crore in the upcoming agri-technology meet starting November 9 in Jaipur. The event is jointly organized by the Rajasthan government and FICCI. Israel is the partner country for the event. 

Extracted from ET, Nov 04,’16

 

Abbott To Set Up Innovation Hub In India 


Abbott, a Global drug maker, is setting up an innovation and development center (I&D) in Mumbai, Maharashtra. The centre will act as a “hub” and ship products to at least 30 countries. The centre will further develop the products to suit local needs.

Extracted from ET, Nov 04,’16

 

TTC Corridor To Get 3 New Truck Terminals 


The Navi Mumbai administration has finally convinced MIDC to develop three truck terminals along the Trans-Thane Creek (TTC) industrial corridor. An area of 54,000 sq m has been earmarked for three terminals along the industrial corridor. MIDC has budgeted Rs.45 crore for three terminals.

Extracted from TNN, Nov 03,’16

 

Paithan Mega Food Files IEM For Food Products Unit In Western India 


Paithan Mega Food Park Private Limited has filed IEM for bakery products unit in Aurangabad, Maharashtra.

 

Fibril Tex Files IEM For A Fabric Unit In North India 


Fibril Tex Private Limited has filed IEM for a non-woven fabric unit in Jammu, Jammu & Kashmir.

 

Patanjali Group Plans Food Park In Andhra Pradesh 


Patanjali group is planning a mega food park in Andhra Pradesh. The group has approached the state government for allotment of 200 acres in north coastal AP for the purpose. The group is also setting up a similar park in Nellore district where it had bought about 150 acres. Besides the two mega parks, it proposes to set up 66 food processing units in the state over the next three years.

Extracted from TNN, Nov 03,’16

 

Haryana Power Generation Corporation Limited Commissions 10 MW Solar Plant 


Haryana Power Generation Corporation Limited has commissioned the first 10MW solar power plant at Panipat Thermal Power Station, Panipat. Sterling and Wilson Private Limited appointed an EPC contractor and Germi is the project consultant. It has been executed at a cost of Rs. 57.67 crore. 

Extracted from ET, Nov 02,’16

 

RJio To Invest Rs.1-Lakh Cr More To Ramp Up Infra 


Reliance Jio Infocomm (RJio) will invest an additional Rs.1-lakh crore to ramp up its infrastructure to support its growing subscriber base. The company has already invested Rs.1.6-lakh crore for setting up infrastructure and installed a total of 2.82 lakh base stations across the country.

Extracted from HBL, Nov 02,’16

 

AP-OILFED Opens Shop In Vijayawada, To Expand In Nellore 


The Andhra Pradesh Cooperative Oilseeds Growers’ Federation Limited (AP - OILFED) is setting up an oil packaging station near Krishnapatnam in dist. Nellore. The Rs. 2.50 crore station will be ready by January 2017. It has also embarked on the revival and expansion of its ailing groundnut mill at Anantapur.

Extracted from The Hindu, Oct 31,’16

 

Suraj Kiran Renewable Resource Files IEM For Solar Power Plant In South India 


Suraj Kiran Renewable Resource Private Limited has filed IEM for a solar power plant in Nalgonda, Telangana.

 

Raymond Earmarks Rs.280-Cr Capex For Second Half 


Raymond has assigned a capex of Rs.280 crore for the second-half of the year. The capex will be used for constructing its plants at Amravati in Maharashtra (Rs.150 crore) and Ethiopia (Rs.50 crore) and the rest for its retail stores and maintenance.

Extracted from HBL, Oct 30,’16

 

West Bengal To Set Up Five More Medical Colleges 


Government of West Bengal is to establish new medical colleges at Rampurhat ,Cooch Behar, Diamond Harbour, Purulia and Raiganj in West Bengal. With each new college proposed to have 100 seats, 3,050 students can study in the total 21 institutes-existing and new-in Bengal.

Extracted from TNN, Oct 29,’16

 

GAIL To Invest 1,700 Crore For Upgrading Pipeline Network 


GAIL (India) Ltd is planning to upgrade and lay new pipelines for supplying natural gas to the industries in Gujarat. The Rs 1,700 crore investment will be done in a phased manner in different parts of the state over next three years.

Extracted from ET, Oct 28,’16

 

Varun Beverages Files IEM For Soft Drinks Unit In North India 


Varun Beverages Limited has filed IEM for a carbonated soft drinks (In Glass Bottle) unit in Raiberali, Uttar Pradesh.

 

Marhaba Frozen Foods Files IEM For Frozen Meat Unit In Bihar 


Marhaba Frozen Foods has filed IEM for Frozen Buffalo meat unit (Boneless) in Araria, Bihar.

 

Telstra To Set Up India Captive Centre With Infosys 


Telstra, an Australian telecom major, is planning to set up a captive offshore centre in India. Infosys will help Telstra to set up the centre with around 200 people to begin with, as the telco looks to work on emerging technology areas at lower costs.

Extracted from BS, Oct 24,’16

 

Hester To Invest Rs 30 Cr In New Unit 


Hester Biosciences, an animal health firm, is planning to invest nearly Rs.30 crore to set up a large unit as well as increasing its production capacities.

Extracted from HBL, Oct 23,’16

 

Morocco, India To Build $230 Million Fertilizer Plant In Andhra Pradesh 


Office Cherifien de Phosphate, a Morocco company, along with Indian firm KRIBHCO is to construct a fertilizer plant at of Krishnapatnam in Andhra Pradesh. The $230 million plant will be able to process up to 1.2 million tons of NPK — Nitrogen, Phosphorus and Potassium — fertilizer.

Extracted from BS, Oct 22,’16

 

Anchor Electricals Begins Operations At Haridwar Unit 


Anchor Electricals has commenced its new manufacturing unit in Haridwar. The Rs. 150 crore project will have production capacity of 25 million units monthly, and is expected to double the installed capacity by financial year 2020.

Extracted from ET, Oct 22,’16

 

Salem Corpn. Gets Nod For Waste Management Projects 


The Salem City Municipal Corporation is to implement a solid waste management projects under the Swatch Bharat Mission in the City. It has received administrative sanction of Rs. 17.58-crore from the State Government for the project.

Extracted from The Hindu, Oct 22,’16

 

CCI Opens 120 Purchase Centres Across Country 


The Cotton Corporation of India (CCI) has opened around 120 purchase centres across the country even as it has no plans at the moment to procure the fibre, senior officials of CCI said. Cotton prices are currently ruling at Rs 5,000- Rs 5,500 per quintal while the MSP is Rs 4,160 per quintal.

Extracted from FE, Oct 22,’16

 

NTPC To Set Up 50-MW Solar Projects In Andaman & Nicobar 


NTPC will set up solar projects totaling 50 MW with battery storage system at different locations at Port Blair in Andaman & Nicobar.  A MoU inked among NTPC, the Andaman & Nicobar administration and the Ministry of New and Renewable Energy to this effect was signed on October 20, 2016. 

Extracted from HBL, Oct 21,’16

 

NLC Begins Construction Work For 1980-MW Project In UP 


Neyveli Lignite Corporation has commenced construction of its 1980-MW power plant in Uttar Pradesh. The power plant is a JV between NLC India Ltd and Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd. NLC has allocated Rs 17,237.80 crore towards the construction of the plant, of which 30 per cent would be equity and rest through loans. Unit I is expected to be completed early 2020. The project would require 11.35 million tonne coal per annum. 

Extracted from ET, Oct 21,’16

 

Food Stalls To Come Up At Metro Stations On Little MT-Airport Line 


Chennai Metro Rail Ltd (CMRL) has sought bids for setting up eateries in 20sqm spaces earmarked in every elevated station for commercial development. The present invite will cover nine select elevated metro stations along corridors 1 and 2 of Phase-1. Plans are afoot to set up eateries in the concourse levels of the upcoming underground stretch between Nehru Park and Thirumangalam, which will be commissioned by April 2017. Shenoy Nagar, which will be the largest in the stretch, will also have shopping area along with food joints.

Extracted from ET, Oct 21,’16

 

Shiv Health Foods Files IEM For Milk Powder Unit In Northern India 


Shiv Health Foods LLP has filed IEM for a milk powder unit in Kota, Rajasthan.

 

Suzlon Opens Rotor Blade Manufacturing Unit At MP For Wind Energy Sector 


Suzlon Group has opened an aerodynamic technology rotor blade manufacturing facility at Badnawar in Dhar, Madhya Pradesh. The facility has an annual production capacity of 400 MW and will manufacture rotor blades for its latest S111 2.1 MW turbine. 

Extracted from BS, Oct 21,’16

 

Petrochem Complex Will Comeup In AP, Asserts Pradhan 


According to the Union Minister of State for Petroleum and Natural Gas Dharmendra Pradhan, the proposed petrochemical complex will certainly come up in Andhra Pradesh. He said while he laid the stone for Indian Institute of Petroleum and Energy at Village Vangali in dist. Visakhapatnam.

Extracted from HBL, Oct 20,’16

 

BMW India Opens Its New After Sales Facility In Pune 


BMW India has inaugurated its new after sales facility Bavaria Motors in Pune, Maharashtra . The facility has a after-sales service workshop with 40 service bays (including mechanical, body and paint), and is solar powered. Currently, BMW India has 41 sales outlets in the Indian market.

Extracted from ET, Oct 19,’16

 

Hyundai Opens 4 New Dealerships In A Day In Delhi NCR 


Hyundai Motor India has inaugurated four new dealerships in Delhi NCR on October 17,’16. The 4 new dealerships based on GDSI (Global Dealer Space Identity) are located at Dwarka (Frontier Hyundai), Sultanpur (Elroy Hyundai), Connaught Place (Unity Hyundai) and Gurgaon (Orion Hyundai).

Extracted from ET, Oct 18,’16

 

Eveready Industries Files IEM For LED Lights Unit In Assam 


Eveready Industries India Limited has filed IEM for LED flashlights unit in Goalpara, Assam.

 

Apollo Arm Plans To Raise Rs 450 Cr To Double Clinics In 3 Years 


Apollo Health and Lifestyle (AHLL), a subsidiary of Apollo Hospitals Enterprise, is planning to raise Rs 450 crore by selling the equity in the company. The company aims to double the network of clinics to 150 centres in the next three years by utilising these funds.

Extracted from BS, Oct 18,’16

 

Renew Saur Urja Files IEM For A Solar Power Plant In Karnataka 


Renew Saur Urja Private Limited has filed IEM for a solar power plant at Bellay, Karnataka.

 

UST Global To Invest Rs 400 Crore In Madhya Pradesh To Build Campus, Aims To Create IT Jobs 


UST Global, a US-headquartered IT company, is to build its own campus on 10 acres of land in Madhya Pradesh. It has inked a MoU with the Madhya Pradesh govt in Sep’16.Through this investment, the company is also aiming to create jobs in Information Technology.

Extracted from ET, Oct 18,’16

 

Aeropostale Launches First Store In Hyderabad 


Aéropostale, the iconic American mall-based youth apparel brand, has launched its store in Inorbit Mall, Hyderabad. The new flagship store in Hyderabad will bring the best of Aéropostale’s Fall trends to the city offering a range of casual apparel and accessories, targeting guys and girls below the age of 25.

Extracted from HBL, Oct 18,’16

 

Munjal Kiru Industries Files IEM For Iron Products Unit In Western India 


Munjal Kiru Industries Private Limited has filed IEM for Iron and steel casting unit in Ahmedabad, Gujarat.

 

Sajjan Jindal's JSW Group To Invest Rs 3400 Crore In West Bengal 


Sajjan Jindal's JSW Group will invest Rs.3, 400 crore in West Bengal in next three years. These investments are to expand its cement plant and also to set up a captive power plant with an investment of Rs.700 crore and 200 crore respectively. The Rs 1000 crore will be spent to produce cold rolled, galvanised and colour coated sheets. The group is also pumping in Rs 1500 crore in setting up a decorative paints factory in the state.

Extracted from ET, Oct 18,’16

 

Samsung To Set Up Mega Unit In Noida 


The Samsung group has signed a MoU with the Uttar Pradesh state government to set up a mobile and refrigeration manufacturing unit at Sector 81, Noida. Once the land is allotted, the unit is likely to commence manufacturing by 2019. It has committed an investment of nearly Rs 2,000 crores.

Extracted from TNN Oct 18,’16

 

EagleRider Opens First Franchise Store In India 


EagleRider Inc, a US-based motorcycling experience provider, has opened its first franchise outlet in India at the Capital. The store offers motorcycles, which includes a fleet of Harley Davidson, Triumph and Royal Enfield. The premium motorcycles can be rented on daily or longer durations.

Extracted from FE, Oct 17,’16

 

Orient Electric Plans To Set Up Unit In South 


Orient Electric, C .K. Birla Group Company, is planning a 20 lakh fans per annum manufacturing plant in South India. The new unit will produce ceiling fans, wall fans, table fans and exhaust fans. It will come up in two years.

Extracted from The Hindu, Oct 17,’16

 

2,000 MW Mandvi Power Plant Gets Green Nod 


Nana Layja Power Company Ltd, a SPV created by Infrastructure Leasing and Financial Services Ltd (IL&FS) group, has received environmental clearance for its 2000 MW gas-based power project at Mandvi  in dist. Kutch, Gujarat. Approximate cost of the project is around Rs. 7,187 crore.

Extracted from TNN, Oct 17,’16

 

SMC To Set Up One MLD Tertiary Treatment Plan To Clean Lake Waters In City 


Surat Municipal Corporation has to set up one MLD tertiary treatment plant to re cycle and clean up dirty water of its lakes near Subhash Garden in Rander area, Surat. Approximate cost of this pilot project is around Rs.4 crore.

Extracted from TNN, Oct 14,’16

 

Surya Foods Gets 30 Acres In Greater Noida For A 3rd Unit 


Surya Food & Agro Limited, a food supplier, is planning its third unit in Greater Noida, Uttar Pradesh. GNIDA has allotted 30 acres of land for the same to the company. The unit would be operational within a year and a half.

Extracted from TNN, Oct 14,’16

 

United Shipbuilding Corporation Eyes Shipbuilding Activity In AP 


United Shipbuilding Corporation (USC), the largest shipbuilding corporation in Russia and Eastern Europe has signed a MoU with the Andhra Pradesh Economic Development Board to pave the way for shipbuilding activity in Andhra Pradesh. The AP government has also wanted the Russian investors to set up a steel plant in the Rayalaseema region.

Extracted from HBL, Oct 13,’16

 

US-Based PolyOne To Build Specialty Engineered Materials Plant In Pune 


PolyOne Corporation, the US-based company that provides specialized polymer materials, services and solutions, will set up a production unit for specialty engineered materials at its existing Pune, Maharashtra. It expects to begin production of specialty engineered materials in January 2017.

Extracted from BS, Oct 13,’16

 

IBJA Gold To Set Up 100 Stores In 3 Years 


India Bullion and Jewellers Association (IBJA), a jewellery body, is planning to set up 100 stores in three years across India. These stores will promote high quality branded gold coins. It has made a tie up with Rajesh Wadhawan Group for the same.

Extracted from ET, Oct 12,’16

 

Balaji Wafers Eyes Pan-India Presence, Commissions Indore Plant 


Balaji Wafers Private Limited has commissioned its new snacks and wafers manufacturing plant in Indore, Madhya Pradesh in Oct’16. The plant will carry an initial production of 24 TPD for wafers and will start producing other products like namkeen, aalu sev, ratlami sev and chataka pataka from Nov’16. Balaji is investing about Rs 400 crore in the Indore project and has already spent around Rs 200 crore; funded through internal sources and from banks.

Extracted from BS, Oct 12,’16

 

Ashok Leyland, Telangana Ink MoU For Rs.500 Cr Body Building Facility 


Ashok Leyland Limited has entered into an agreement with Telangana Government outlining plans for setting up a body building unit in Telangana. The location of the proposed unit is yet to be finalized and will be established in phases. Approximate cost of the project is Rs.500 crore.

Extracted from HBL, Oct 11,’16

 

Warehousing Space Demand In India To Grow 8% Annually: Knight Frank 


According to the property consultant Knight Frank India, warehousing space demand in National Capital Region, Mumbai, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad in India is likely to grow 8 per cent annually to touch 839 million sq ft in the next 4 years driven mainly by manufacturing and e-commerce sectors. At present, 17 million sq ft of space is transacted annually in these top seven warehousing market.

Extracted from BS, Oct 11,’16

 

Medical Devices Startup Axio Sets Up Plant, Targets New Verticals 


Axio Biosolutions, a Medical devices startup, maker of an advanced wound management product for the military, has set up its first in-house production unit in Ahmedabad. The unit will have installed capacity of 2.5 lakh units per year which can be scaled up to 50 lakh units per annum in the next four years. The facility is funded by Accel Partners, IDG Ventures and GVFL. It has also plans to expand into cardiovascular, trauma and dental segments.

Extracted from ET, Oct 10,’16

 

Med Harbour To Add 13 Clinics, 100-Bed Hospital By 2019 


Med Harbour, a healthcare services provider, is planning to add 13 day-care centres and a multi-specialty hospital besides expanding its reach online by the end of 2019 at an investment of Rs 45 crore. In the first phase, it will open five clinics by end of 2017.The company is planning to raise funds through private equity and internal accruals for its expansion project.

Extracted from ET, Oct 09,’16

 

OIL Gets Green Nod For Rs 220 Cr Drilling Project In Jaisalmer 


Oil India Ltd (OIL) has received green nod for development of 20 drilling wells in Baghewala mining lease block in dist. Jaisalmer, Rajasthan. Approximate cost of the project is around Rs.220 crore. The approval to the Jaisalmer project has been given subject to certain conditions.

Extracted from BS, Oct 09,’16

 

Govt Nod To Fintech City In Indore; Rs 33 Cr Sanctioned For Cardiac Centre 


The Madhya Pradesh government has given in-principal approval for developing a ‘Fintech City’ at Super Corridor in Indore. The government has also sanctioned Rs 33.15 crore for a cardiac centre in Indore’s Maharaja Yeshwantrao Hospital which will be built in two years.

Extracted from HT, Oct 08,’16

 

Hiranandani Communities To Set Up Another 4 Townships In Maharashtra 


Niranjan Hiranandani-led Hiranandani Communities is planning to set up townships in various parts of Maharashtra. The company has lined up five projects, which would attract an investment of around Rs 400-500 crore each initially. It has around 1,100 acres of land in its possession for these projects.

Extracted from BS, Oct 07,’16

 

Nykaa Raises Rs 82 Crore For Expansion 


Nykaa.com, Beauty e-commerce player, is planning to open 30 new physical stores by 2020 in addition to four existing stores in Hyderabad. It has raised Rs 82 crore in series C funding for its expansion. The company is also exploring options to launch its own private label and working on the business plans.

Extracted from ET, Oct 07,’16

 

Jyotirling Sugar Files IEM For A Sugar Unit In Maharashtra 


Jyotirling Sugar Cane Process Private Limited has filed IEM for Khansari Sugar unit in dist. Sangli, Maharashtra.

 

Titan Company Files IEM For Engineering Components Unit In South India 


Titan Company Limited has filed IEM for an engineering component (Precision) unit in dist. Krishanagiri, Tamil Nadu.

 

Nandini Parlours To Be Opened At HPCL Fuel Stations 


Hindustan Petroleum Corporation limited has tied up with Karnataka Co-Operative Milk Producers' Federation (KMF) to set up its Nandini milk kiosks at its fuelling station across India. KMF is involved in milk procurement, processing, manufacturing and marketing of milk products under the brand name 'Nandini' across India.

Extracted from BS, Oct 06,’16

 

SAIL To Invest Rs 255 Cr To Expand Capacity Of Bolani Mines 


Steel Authority of India Ltd (SAIL) is planning to modernize and expand its flagship Bolani iron ore mines from its five million tonne per annum (MTPA) to 10 MTPA by 2020. Approximate cost is around Rs. 225 crore.

Extracted from BS, Oct 06,’16

 

New Agriculture Equipment Testing Centres To Come Up Soon 


The Union Agriculture Ministry has granted permission for the setting up of Agriculture Equipment Testing Centres at Vijayapura and at Shivamogga in Karnataka. The centres will come up at the cost of Rs. 1.5 crore each.

Extracted from The Hindu, Oct 06,’16

 

Maharashtra Inks MoU For Coal-Based Urea Plant In Chandrapur 


The Maharashtra government has inked a MoU with US-based Stonetek Energy Pvt Ltd to set up a urea manufacturing plant at Bhadravati in dist. Chandrapur. The Rs.6,500 crore project would take 36 months to commence its operation.

Extracted from BS, Oct 06,’16

 

Blueair To Set Up Manufacturing Unit In India; Aims For 20% Market Share 


Blueair, a Sweden-based air purifier firm, is planning a new unit in India. The company, presently studying the Indian market, tax structures and various prospects and may announce a decision in this regard by the first quarter next year. 

Extracted from BS, Oct 05,’16

 

Rama Udyog Files IEM For A Metallurgy Unit In Chattisgarh 


Rama Udyog Private Limited has filed IEM for a sponge Iron unit in Chattisgarh.

 

GACL – NALCO Alkalies Files IEM For Soda Unit In Western India 


GACL – NALCO Alkalies & Chemicals Private Limited has filed IEM for a caustic soda unit in dist. Bharuch, Gujarat.

 

Vizag Port Plans Another 5MW Of Solar Power Plant 


Visakhapatnam Port Trust has decided to set up another 5MW solar power plant as part of its efforts to conserve energy in addition to its existing 10MW solar power project which is under progress. VPT is likely to begin the 5MW project in the new fiscal.

Extracted from TNN, Oct 04,’16

 

Arunachal To Get Composite Textile Park Soon 


The Union Textile Minister, Smriti Irani, has agreed to sanction a Composite Textile Park for Arunachal Pradesh. The Park would have facilities for skill development, design and product upgradation and facilities for export of finished handicrafts.

Extracted from The Hindu, Oct 04,’16

 

Essar Power Set To Increase Operational Capacity To 6,100 MW By 2020 


According to KVB Reddy, Chief Executive Officer, Essar Power, the company’s combined operational capacity is set to increase from 4,590 MW now to 6,100 MW by 2020. The expansion (based on super-critical technology) is in progress at various stages and is investing Rs. 30,000 crore for the project.

Extracted from HBL, Oct 04,’16

 

Maha Govt Inks Pact With Korea Land & Housing Corporation 


The Maharashtra government has signed a MoU with the Korea Land & Housing Corporation (KLHC) of the Republic of Korea. This MoU is to build a strategic partnership for smart cities, roads and bridges, etc and exchange of knowledge and expertise.

Extracted from ET, Oct 04,’16

 

Hosur Municipality’s Bio-CNG Bottling Plant Nearing Completion 


The Hosur Municipality in partnership with SK & Co, is setting up a 30 metric tonnes per day CNG Biomethanisation Bottling Plant in Hosur. The Rs.1.9 crore plant is partly funded by the private party and the rest funded under the local body grant under Integrated Urban Development Mission. The plant is set to commission in Nov’16.

Extracted from The Hindu, Oct 04,’16

 

Hinduja Keen To Set Up Commercial Vehicle Plant In Jharkhand 


Hinduja Group is planning a commercial vehicle plant in Jharkhand. A team from the group will visit the state in Oct’16 to step further on the project.

Extracted from BS, Oct 01,’16

 

Telangana Super Thermal Project To Be Ready By Feb. 2020 


NTPC is setting up a 1,600 MW super thermal power project in Telangana. It aims to commission the first unit of 800 MW by February 2020. The order for main plant package (Boiler) is issued to BHEL and turbine generator package to Alstom Bharat Froge Limited. Estimated project cost is Rs. 10,599 crore.

Extracted from The Hindu, Oct 01,’16

 

Nasscom Plans 'Start-Up Warehouse' In Odisha 


Nasscom is to set up a start-up ware house in Odisha. It aims to incubate, fund and provide ambient support to impact 10,000 technology start-ups in India by 2023. It has sought about 10,000 sq ft to develop about 80 seats in three years with plug and play facilities. It may come up at Odisha Computer Application Centre) tower.

Extracted from BS, Sep 30,’16

 

IGL To Set Up City Gas Distribution Network In Rewari 


Indraprastha Gas Limited (IGL) has been authorized by Petroleum & Natural Gas Regulatory Board (PNGRB) to lay City Gas Distribution (CGD) network in the geographical area of Rewari, Haryana. It has also started work on 78 CNG stations, will be operational in the first quarter of 2016-17.

Extracted from ET, Sep 29,’16

 

Anantapur Project May Be Commissioned By Next Fiscal 


NTPC is installing a 1,000 MW solar project in dist. Anantapur, Andhra Pradesh. It has commissioned a 250 MW and rest MW will be commissioned by the end of 2017-18. It is in the process of inviting bids from the foreign companies for supplying necessary equipment and is expected to be over by April’17.

Extracted from BS, Sep 29,’16

 

Reliance Power To Double Capacity Of Thermal Plants In UP And Maharashtra 


Reliance Power is planning to double its Rosa power plant in Uttar Pradesh to 2,400 MW and Butibori power plant to 1,200 MW in Maharashtra. Besides, the company has also plans to set up a 400 MW solar photovoltaic power plant in the country.

Extracted from ET, Sep 28,’16

 

India To Set Up Nuclear Plants In Uttarakhand, Punjab, Haryana 


The Indian government is planning to set up new atomic power plants in Northern India. It is looking at possibilities in the states of Uttarakhand, Punjab and Haryana.  

Extracted from TNN, Sep 28,’16

 

Finally, Patiala MC Invites Bids For Setting Up Solid Waste Management Plant 


Patiala Municipal Corporation (PMC) has floated tender for setting up the municipal solid waste plant for Patiala city and 21 other municipal committees that fall in Patiala and Sangrur districts. All the necessary details about the project will be uploaded for 440 tons per day garbage processing plant on state government’s tendering site on September 29. The plant was first proposed in 2009.

Extracted from HT, Sep 27,’16

 

Multiplex Screens To Cross 3000 By 2019: ICRA 


According to research firm ICRA, India currently has around 2,200 multiplex screens having grown at a CAGR of 13.5 per cent during 2009 to 2016. Since most of the upcoming malls are being constructed in tier II and tier III cities, a majority of new screen additions would also happen in these places. ICRA expects the number of multiplex screens to cross 3000 by 2019.

Extracted from BS, Sep 27,’16

 

Bayer Opens New Formulations Lab At Vapi In Gujarat 


Bayer has inaugurated a new Global Formulation Technology Laboratory at its site in Vapi, Gujarat. The lab will focus on developing seed treatments, herbicides, fungicides, and insecticides for small-holder farmers, and also for regional and global demand. It has invested more than euro 2 million for the lab.

Extracted from HBL, Sep 27,’16

 

Patanjali's Rs 1,600-Cr Food Park Coming Up In UP 


Patanjali Ayurved may set up a herbal food park near Yamuna expressway in Noida, Uttar Pradesh. The land for the project would be allotted soon and the company plans to operate the unit within 12-18 thereafter.Estimated cost of the project is around Rs. 1600 crore.

Extracted from ET, Sep 25,’16

 

Steel Exchange India Files IEM For A Metallurgy Unit In South India 


Steel Exchange India Limited has filed IEM for a sponge iron unit in Visakhapatnam, Andhra Pradesh.

 

Aurangabad Identifies Sites To Set Up Four Waste-To-Energy Plants 


Aurangabad Municipal Corporation will set up waste-to-energy plants at Tisgaon, Sawangi, Adgaon Budrick and Khandewadi in Aurangabad. The projects to generate electricity will be implemented through special funding from the state government. The civic body has to provide land admeasuring 5-10 acres in the outskirts of Aurangabad. 

Extracted from ET, Sep 24,’16

 

FHRAI Plans To Set Up Five Food Testing Labs Every Year 


The Federation of Hotel and Restaurant Associations of India (FHRAI) is planning to set up non-commercial food testing laboratories across the country. The labs will not only follow global standards of food safety and hygiene, but will also conduct the tests at forty to fifty percent lower costs than its commercial counterparts.

Extracted from TNN, Sep 24,’16

 

Lenovo India Plans To Open 150 Exclusive Service Centres By March 


Lenovo, a mobile manufacturer, is planning to open 150 exclusive service centres in over 60 towns by March 2017.  The company will open 100 exclusive service centres by October.

Extracted from IE, Sep 22,’16

 

Microfinish Valves Files IEM For a Forging Unit In South India 


Microfinish Valves Private Limited has filed IEM for a castings and forgings unit in Dharwad, Karnataka.

 

CCEA Approves City Gas Distribution In Kolkata 


The Cabinet Committee on Economic Affairs (CCEA), has approved development of city gas distribution networks in Kolkata as well as cities lying en-route Jagdishpur-Haldia and Bokaro-Dhamra gas pipeline. Varanasi, Patna, Bhubaneswar, Ranchi, Jamshedpur and Cuttack will also get city gas distribution. 

Extracted from ET, Sep 21,’16

 

Adani Group Dedicates 648 MW Solar Plant In Tamil Nadu To The Country 


Adani Green Energy Ltd has commissioned the 648 MW solar power plant at Kamuthi in dist. Ramanathapuram, Tamil Nadu. The world's largest solar power plant has been built at a cost of Rs. 4,550 crore. It has been commissioned in 8 months and connected to 400 KW substation of Tantransco.

Extracted from BS, Sep 21,’16

 

Soon, MCG Vegetable And Fruit Outlets In Gurgaon 


MCG with Farmer Producers' Organization is to open 10 'Haryana Fresh' outlets at hawkers' zones in Gurgaon. It will sell vegetables and fruits at cheaper rates. It will open another 17 outlets in existing Vita outlets in Gurgaon. It has also plans to open another 23 such outlets independently. The cost of opening outlets will be borne by MCG.

Extracted from TNN, Sep 19,’16

 

Surya Roshni Sets Up Steel Pipe Plant In AP To Cater To South Indian Market 


Surya Roshni Limited is set to commission its 1,00,000 MT per annum galvanized iron pipes unit in Hindupur, Andhra Pradesh. The unit will produce square, rectangular sections and GI Pipes. This unit will supply materials to the South Indian steel pipe market.

Extracted from HBL, Sep 19,’16

 

L’Opera To Open 50 Outlets By 2020 


L’Opera, known for French pastry and bakery products, is planning to add 50 new outlets across India by 2020 with an investment of Rs.40 crore. The company, which has 13 outlets in Delhi NCR, will be entering Mumbai, Pune, Bangalore and Chennai markets, besides opening two new stores in Delhi.

Extracted from The Hindu, Sep 19,’16

 

Future Group To Add 6 More Stores To Central Brand 


Future Group is planning to add six larger format stores under its Central brand by the end of this year taking its total count to 40. It plans to add in its existing markets in Mumbai and Bengaluru and also target the emerging tier II & III places. 

Extracted from ET, Sep 15,’16

 

Bengal Govt Plans Small Solar Parks 


According to the West Bengal State Power Minister, Shobhondeb Chatterjee, the West Bengal government has decided to create multiple small solar parks in the state to set up a 500 MW solar power plant. He also stated that, about five acres of land required for 1 MW of Solar power.

Extracted from HBL, Sep 15,’16

 

ITDC’s Duty-Free Shop Inaugurated At Port 


India Tourism Development Corporation (ITDC) has inaugurated a duty free shop at the Deepwater Port in Kakinada, Andhra Pradesh. It will sell world’s best known spirits, wines, cigarettes and an array of Indian products such as tribal handicrafts, wide assortment of teas and many other products.

Extracted from The Hindu, Sep 15,’16

 

Mercedes Opens New Warehouse And Training Centre In Chakan 


Mercedes-Benz has inaugurated its largest parts warehouse, retail training academy, and Vehicle Preparation Centre (VPC) at its Chakan production facility in India. The VPC has a capacity of stocking 5,700 units has come with an investment of more than Rs. 15 million.

Extracted from ET, Sep 15,’16

 

We Will Invest Rs 2,000 Cr More To Expand Cargo Handling Capacity 


Essar Ports is expanding cargo handling capacity from 140 MTPA to 190 MTPA. The expansion needs a fresh investment of Rs 2,000 crore- to be financed by internal accruals and long-term debt. The expansion projects are expected to be completed by 2018. 

Extracted from BS, Sep 14,’16

 

United Shipping Corp Keen To Set Up Facility In Andhra Pradesh 


United Shipping Corporation, a Russian Company, is planning a shipbuilding facility in Visakhapatnam, Andhra Pradesh. Meanwhile, AP currently has seven seaports, plans to build another seven seaports in the state.

Extracted from BS, Sep 14,’16

 

Jaykaycem Files IEM For A Cement Unit In MP 


Jaykaycem Central Limited has filed IEM for a portland cement unit in Panna, Madhya Pradesh.

 

IOC Announces Rs 1.80TN Investment Plan In Next Six Years 


Indian Oil Corporation is planning to invest around Rs. 1.80 trillion across verticals in next six years. It is also in talks with foreign entities to co-invest in the investment that includes setting up a mega refinery in coastal Maharashtra. It will invest Rs 15,000 crore in the current fiscal and will accelerate to over Rs 25,000 crore each over the next two fiscals. It has budgeted for a Rs 72,000 crore investment over the next three years. 

Extracted from ET, Sep 14,’16

 

Transplant Institute Soon At Omandurar 


The Tamil Nadu government is planning a Transplants Institute at the Government Multi Super specialty Hospital, Omandurar Estate, Chennai. It will house all transplant expertise under one roof. The project, costing approximately Rs. 12 crore, has been approved by the finance department.

Extracted from The Hindu, Sep 13,’16

 

Fuji Gemco Files IEM For Electrical Control Unit In Haryana 


Fuji Gemco Private Limited has filed IEM for an electrical control panels unit in Faridabad, Haryana.

 

Chandni Textiles Engineering Industries Commences Production Of Plastic Mold Crates At New Plant In Nashik 


Chandni Textiles Engineering Industries has commenced commercial production of its plastic molded crates in Sep’16. The unit is situated in Nasik, Maharashtra.

Extracted from BS, Sep 12,’16

 

20 More Micro Compost Yards To Come Up In Tiruchi 


The Tiruchi Corporation has set up a micro compost yard at Pookkollai near Ariyamangalam a few days ago. The second and third units have been set up at Ambedkar Nagar in Srirangam and Birds Road in Cantonment. It has also plans to set up 20 such yards in the city with an investment of Rs.14 crore.

Extracted from The Hindu, Sep 11,’16

 

Bannari Amman Mills Files IEM For Textile Garment Accessories Unit In South India 


Bannari Amman Mills Limited has filed IEM for textile garments and clothing accessories unit in Tirupur, Tamil Nadu

 

NHPC, BHEL Ink Pact For Renovation Of Baira Siul Power Plant 


NHPC has entered a pact with BHEL for R & M of 180 MW Baira Siul power station in Himachal Pradesh. The agreement includes electromechanical works package comprising supply, installation, commissioning of turbines and accessories and dismantling of the existing system. NHPC has awarded the work to BHEL at a total value of Rs. 132.74 crore. 

Extracted from HBL, Sep 09,’16

 

KWE India Sets Up Dedicated Pharmaceutical Warehouse 


KWE India, the Indian subsidiary of Kintetsu World Express, has opened first goods distribution process warehouse at Hyderabad airport cargo satellite building in India. The warehouse will be used to handle pharmaceutical logistics. The facility is equipped with 24x7 temperature ambient control system with trained manpower to follow goods distribution process compliant process throughout shipment handling. 

Extracted from HBL, Sep 09,’16

 

Dena Bank Plans To Expand Network In UP 


Dena Bank is planning to expand its network in Uttar Pradesh in the financial year 2016-17. At present, Dena Bank has 83 branches in 33 districts of Uttar Pradesh.

Extracted from BS, Sep 08,’16

 

UK Firm To Set Up Pork Processing Plant In Punjab 


Cranswick Foods Company, the UK-based company, is planning a modern pork processing plant in Punjab. The Punjab state government has assured that it will provide all possible support and cooperation to implement the project.

Extracted from HBL, Sep 08,’16

 

MP Opens Bottling Unit In Nandyal 


The Nandyal MP S.P.Y. Reddy has inaugurated the S.P.Y Agro Industries’ 12.5 lakh cases bottling unit in Nandyal. Approximate cost of the project is around Rs.70 crore. It has also decided to issue additional investment of Rs.30 crore to achieve the full capacity by December 2016.

Extracted from The Hindu, Sep 08,’16

 

DDA Plans To Build 1,550 Studio Apartments For Retired Govt Employees In Dwarka 


The Delhi Development Authority (DDA) along with the Indian Navy is planning an old age home in Sector 16, Dwarka. The Rs 462-crore project will have 1,550 studio apartments, to be issued for the retired government employees on rent.

Extracted from TNN, Sep 08,’16

 

UM Motorcycles Opens Its First Dealership In Surat, Gujarat 


UM International, LLC along with Lohia Auto has opened 2700 sq ft dealership at Plot No.25A- 1st& 2ndFloor, Patel Ind. Co. Op. Society, Opp. Community Hall, Katargam, Surat. This is its first in Surat and seventh in India. The integrated dealership will have a showroom and an after-sales service facility.

Extracted from ET, Sep 07,’16

 

Metro Tyres To Invest Rs 300 Crore Over 2-3 Years 


Metro Tyres will invest Rs 300 crore over the next 2-3 years towards R & D and also to expand capacity of its plants located in Ludhiana and one in Manesar and two in Noida. It will fund through a combination of internal accruals, promoters funds and trusted investors.

Extracted from BS, Sep 07,’16

 

SPR Group Join Hands With Binny Mills To Develop 63-Acre Integrated Township At Perambur, Chennai 


SPR Group together with Binny Mills is to develop a massive integrated township at Perambur, Chennai on 63 acres of land. It would house 1,900 apartments, villas, multiplex, malls, hotel and school. Approximate investment is around Rs.10,000 crore.

Extracted from ET, Sep 07,’16

 

South Asian Ceramic Files IEM For A Building Product Unit In South India 


South Asian Ceramic Tiles Private Limited has filed IEM for ceramic (floors), wall & vitrified tiles unit in Mahbubnagar, Telangana.

 

Kripal Enterprises Files IEM For A Plastic Product Unit In Chattisgarh 


Kripal Enterprises has filed IEM for plastic products (others) unit in Durg, Chattisgarh.

 

Syngene Opens R&D Centre For Amgen In Bangalore 


Syngene International, a contract research organization, has established an integrated, multi-disciplinary drug discovery and development centre for Amgen Inc in Bangalore. The new centre will be staffed by a team of more than 100 Syngene scientists, working in close association with Amgen researchers around the world on the discovery and development of innovative medicines.

Extracted from BS, Sep 06,’16

 

UM Motorcycle Opens Showroom In Jaipur, Rajasthan 


UM International along with Lohia Auto has opened its sixth dealership “Riders Zone” at B-7, Sethi Colony on Govinda Marg, Rajapark in Pink City Jaipur, Rajasthan. Spread over an area of approx. 2100 sq ft, will house products like Renegade Commando and Renegade Sports S model bikes.

Extracted from ET, Sep 05,’16

 

US Cos To Invest Rs 2,400 Cr In MP, Create Over 10,000 jobs 


According to the Madhya Pradesh Chief Minister, Shivraj Singh Chouhan, American firms will invest Rs 2,400 crore in the state, in sectors like Information Technology and construction. Out of the Rs 2,400 crore investments, American IT companies will invest Rs 1,000 crore generating over 10,000 jobs. 

Extracted from BS, Sep 04,’16

 

Railways Mull Setting Up Drinking Water Bottling Plant In Assam 


According to the Union minister of State for Railways, Rajen Gohain, Indian Railways is planning a bottled drinking water plant under the RailNeer brand at Jagiroad in Assam.

Extracted from ET, Sep 04,’16

 

SSN Sets Up Incubation And Innovation Centres In Chennai 


SSN College of Engineering has set up SSN Incubation Centre and SSN Innovation Centre at its campus in Chennai. The SSN Incubation Centre is part of 100 such centres and one of the first few centres in a private institution to be supported by the ministry of Micro, Small and Medium Enterprises to promote emerging technological and knowledge-based innovative ventures.

Extracted from TNN, Sep 03,’16

 

Sova Ispat Files IEM For A Metallurgy Unit in Eastern India 


Sova Ispat Limited has filed IEM for TMT bars / Wire Rods / Rounds unit in Bankura, West Bengal.

 

Bicero Tiles Files IEM For Tiles Unit In Western India 


Bicero Tiles LLP has filed IEM for vitrified tiles unit in Surendranagar, Gujarat.

 

Waaneep Solar Files IEM For Solar Power Plant In South India 


Waaneep Solar Private Limited has filed IEM for a solar power plant in Chittoor, Andhra Pradesh.

 

Anondita Healthcare Files IEM For Gloves Unit In Eastern India 


Anondita Healthcare (P) Limited has filed IEM for a surgical gloves unit in Kamrup, Assam.

 

BHEL Commissions Unit-4 Of Teesta Low Dam Hydro Power Project 


BHEL on behalf of NHPC Limited has commissioned the fourth and last unit of the 4x40MW Teesta Low Dam Hydro Electric Project Stage-IV in dist. Darjeeling, West Bengal. BHEL's scope of work in the project comprised design, manufacture, supply, installation and commissioning of complete E&M equipment including vertical shaft Kaplan Turbines and matching generators. 

Extracted from BS, Sep 02,’16

 

Microsoft Plans Cybersecurity Centre In Connaught Place 


Microsoft is setting up a cyber security centre at Connaught Place in New Delhi. The centre will be inaugurated sometime in October or November 2016.

Extracted from ET, Aug 31,’16

 

MRN Cane Power Gets Green Nod For Sugar Plant In Karnataka 


MRN Cane Power India has proposed an integrated sugar unit with a crushing capacity of 5,000 tonnes cane per day, 35 MW co-generation power plant and 65 KLPD molasses-based distilleries at Village Kallapur in dist. Bagalkot, Karnataka. The Rs. 401.23 crore project has received the green nod.

Extracted from BS, Aug 31,’16

 

MedPlus On Retail Expansion In TN, To Set Up 200 Stores 


MedPlus, a Pharmacy distributor, plans to set up 200 stores in tier II and III cities in Tamil Nadu over the next one year. Each store spread across 300-500 square foot would require total investment of Rs 15-20 lakh that would cover franchise fee, rental deposit, infrastructure and stock required.  It has also plans to open another 300 stores by 2018.

Extracted from BS, Aug 31,’16

 

Biotech Incubation Centre To Be Set Up In Chennai 


The Tamil Nadu government will set up a bio-technology incubation centre at Ticel Park in Taramani, Chennai. The 12,000sqft centre can be used by researchers, biotech startup companies, individuals and scientists to test their findings. Approximate cost of the project is around Rs.20 crore.

Extracted from TNN, Aug 31,’16

 

Govt Approves Rs. 1,145-cr PPP Project At Mormugao Port 


The Cabinet Committee on Economic Affairs has issued approval for Redevelopment of Berths 8, 9 and barge berths at the Port of Mormugao, Goa, on PPP mode. Approximate cost of the project is around Rs. 1,145.36 crore and is to be completed within 36 months from the date of award of concession.

Extracted from HBL, Aug 31,’16

 

Hind Copper Signs Jt Venture Agreement With CMDC 


Hindustan Copper has signed a JV agreement in Aug,’16 with Chhattisgarh Mineral Development Corporation Ltd, for exploration, mining and beneficiation of copper and its associated minerals in Chhattisgarh. Hindustan Copper Ltd will hold 74 per cent stake, while CMDC will hold 26 per cent.

Extracted from HBL, Aug 31,’16

 

Mercedes Benz Opens Its Second Dealership In Ahmedabad 


Mercedes-Benz has inaugurated its second state-of-the-art 3S dealership in Ahmedabad - Emerald Motors. This is the company's eighth outlet in Gujarat. It also houses a fully equipped service facility in the same premises. It has a cumulative investment of Rs 12.5 crore. 

Extracted from ET, Aug 31,’16

 

Green Panel Clears SAIL's Rs 5,419-cr Modernisation Plans 


SAIL has received env. clearance for its proposed (expansion and modernization project) new hot strip mill with a capacity of 3 MTPA, beneficiation plant of 3.3 MTPA and pellet plant of 2 MTPA at its Rourkela Steel Plant, Odisha. It is also to enhance the capacity of special plates from 0.003 to 0.015 MTPA within the premise of RSP. Approximate cost of the project is around Rs. 5,419-cr.

Extracted from BS, Aug 30,’16

 

Shell Opens New Fuel Station In Bengaluru 


Shell India has opened its fuel station in the Uttarahalli area of Bengaluru city. Shell’s total operational fuel stations in India are 83, of which 30 are in Karnataka.

Extracted from HBL, Aug 30,’16

 

Sapient Opens Its Largest IT Services Facility In Bengaluru 


Sapient Corporation, a US-based global IT services firm, has opened its new centre in Bengaluru. The four lakh square feet facility will provide business, marketing and technology services to global clients through its three divisions - SapientNitro, Sapient Global Markets and Sapient Government Services. 

Extracted from BS, Aug 29,’16

 

CG Foods Files IEM For A Packaged Food Unit In Assam 


CG Foods has filed IEM for a noodles unit in Cacher, Assam.

 

RIL Gets Green Panel Nod For Jetty Expansion In Gujarat 


Reliance Industries has received the green panel clearance for its proposed expansion of its existing liquid jetty by setting up an additional berth of capacity to handle about 8 million metric tonnes per annum in Jamnagar, Gujarat. The Rs. 750 crore is expected to be completed in two years.

Extracted from BS, Aug 29,’16

 

Modern Slaughterhouse To Come Up At Attupatti 


The Puducherry government will construct a modern slaughterhouse at Attupatti on the Maraimalai Adigal Salai at an investment of Rs. 5.01 crore. LOI will be issued shortly to a private company. It would be ready in 12 months and would be handed over to the Puducherry Municipality on a turnkey basis for operation and maintenance.

Extracted from The Hindu, Aug 28,’16

 

GMR To Build Goa’s Mopa Airport 


GMR Airports Ltd (GAL) has won an international competitive bid for the development and operation of Mopa greenfield airport in North Goa. The concession period is for 40 years with a possible extension of 20 years through a bid process. The airport is to be built under the BOT model.

Extracted from The Hindu, Aug 27,’16

 

Murugappa Groups CUMI Opens Ceramics R&D Division In Hosur 


Murugappa Group Company Carborundum Universal Ltd (CUMI) has opened a R & D centre at its industrial ceramics division facility in Hosur, Tamil Nadu in Aug ’16. The unit will be a Centre of Excellence for research in technical ceramics for industrial and advanced applications.

Extracted from HBL, Aug 28,’16

 

India's First Textile University To Come Up At Surat 


Gujarat government is planning to set up India's first textile university at Surat on 250 acres of land with an investment of about Rs 800 crore - Rs 900 crore. It is expected to get operational in the next one and a half years. 

Extracted from BS, Aug 27,’16

 

5MW Solar Plant To Power Voc Port At Tuticorin 


VO Chidambaranar Port at Tuticorin has signed a MOU with the Solar Energy Corporation of India to set up a 5MW direct grid connect type solar power plant at the port premises. Estimated cost of the project is Rs.30 crore and is expected to be completed by March 2017.

Extracted from ET, Aug 27,’16

 

Assam To Soon Get A Tea Park With Warehousing Facility 


According to Assam minister for Industries and Commerce, Chandra Mohan Patowary, Tea Park will be set up near airport with warehouse facilities and railway connectivity in Assam. He also suggested small tea growers to form Self-help groups. Officially there is 79000 small tea growers in Assam. 

Extracted from ET, Aug 26,’16

 

Shriram Rayons Gets Green Nod For Rs 163cr Expansion Proj 


Shriram Rayons has proposed increasing the production capacity of rayon tyre cord to 36 metric tonnes per day (MTPD) from the current 23 MTPD, dipped fabric to 35 MTPD from 20 MTPD, carbon disulphide to 20 MTPD from 15 MTPD and sodium suphate to 40 MTPD from 27 MTPD at its Kota facility in Rajasthan with an investment of Rs 163 crore. Based on the recommendations of the Expert Appraisal Committee, the Environment Ministry has given green clearance for the project.

Extracted from BS, Aug 26,’16

 

Supertech Enters Healthcare, Spending Rs 100 Crore On Setting Up 100-Bed Hospital In Noida 


Supertech will set up a 100-beds super specialty hospital in its residential project Cape Town in Sector 74, Noida with an investment of Rs.100 crore. It has already started construction for its first hospital and it is likely to be completed by May 2017. It will set up such hospitals in its integrated township projects.

Extracted from ET, Aug 26,’16

 

Havells To Invest Rs 300 Crore In Expansion And Diversification 


Havells India is planning cables, wires, solar lights and other electronics manufacturing unit at Vasanthanarasapura industrial area in Karnataka on 62.09 acres of land. KIADB has allotted the land. The unit is expected to become operational by the end of this fiscal. It plans to invest Rs 300 crore which includes for diversification.

Extracted from ET, Aug 26,’16

 

Manufacturing Growth Outlook Rises 


According to the quarterly manufacturing survey by Ficci, the growth in the manufacturing sector in the country has improved slightly in July-September from 53 to 55 percent. The report further stated that, industrial sector accelerated to an eight-month high in June, growing by 2.1 per cent with the aid of electricity and mining.

Extracted from BS, Aug 26,’16

 

Brookfield To Set Up Office In India 


Brookfield Global Integrated Solutions (GIS), a global real estate facility, will open its office in Mumbai, India. This will be its first office in the country and plans to open in the fourth quarter of 2016.

Extracted from FE, Aug 25,’16

 

India's GDP To Expand By 7.9% This Financial Year: Goldman Sachs 


According to Goldman Sachs, Indian economy is expected to clock 7.9 per cent growth in the current fiscal driven by better monsoon, government pay hike, key reforms and FDI inflows. For the fiscal year 2016-17, Goldman forecast real GDP to grow by 7.9 per cent year-on-year, higher than consensus expectations of 7.5 per cent and up from 7.6 per cent in FY16.

Extracted from BS, Aug 25,’16

 

Third Rail Line Between Vijayawada, Gudur Gets Nod 


The Central government has given its approval for the construction of the third rail line between Vijayawada and Gudur Junction at an estimated cost of Rs.3,246.60 crore. The 287.67-km-long third line,  is expected to be completed in six years.

Extracted from The Hindu, Aug 25,’16

 

H&M To Open New Store In Delhi's Connaught Place 


Hennes & Mauritz (H&M), a Fast-fashion retailer, will open its store at Connaught Place, Delhi in Aug’16. Spread over 28,000 sq.ft and spanning across two levels the new H&M store will be situated in a heritage building in the inner circle of Connaught Place.

Extracted from ET, Aug 24,’16

 

Commercial Syn Bags To Invest Rs 28 Cr For Expansion Of Indore Plant 


Commercial Syn Bags Ltd will expand its manufacturing unit at Indore SEZ, Pithampur, Madhya Pradesh by setting up a new unit. The unit will produce fabric, lamination and food grade jumbo bags and flexible intermediate bulk container bags. The Rs 28.10 crores project is expected to be commissioned by July 2017.

Extracted from BS, Aug 24,’16

 

Krit Agrovet Files IEM For Drinking Water Unit IN Western India 


Krit Agrovet Limited has filed IEM for a packaged drinking water unit in Latur, Maharashtra.

 

Wipro Enterprises Files IEM For Soap Manufacturing Unit In North India 


Wipro Enterprises (P) Limited has filed for soap (All forms) manufacturing unit in Haridwar, Uttarakhand.

 

HPCL Board Gives Nod For Visakh Refinery Expansion 


The Hindustan Petroleum Corporation Limited (HPCL) board has given approval for the expansion of Visakh Refinery from its current 8.33 MMTPA to 15 MMTPA in Visakhapatnam. It has received environmental clearance and the construction phase of the project is expected to take around 48 months. Approximate total project cost is Rs 20,928 crore.

Extracted from TNN, Aug 24,’16

 

FIPB Clears Seven FDI Proposals Worth Rs 290 Crore 


Foreign Investment Promotion Board (FIPB) has cleared seven FDI proposals worth Rs 290 crore. Companies whose investment proposals were cleared includes IMCD India, Samara Capital Partners Fund II Ltd, Reckitt Benckiser (India) Ltd, Haymarket SAC Publishing (India) and Fincare Business Services. Meanwhile, the FIPB has rejected five investment proposals.

Extracted from ET, Aug 23,’16

 

Manpasand Completes Work At New Manufacturing Facility In Ambala 


Manpasand Beverages Limited has completed a 50,000 cases per day fruit juice manufacturing facility at Ambala in Haryana. The company funded the investments through its IPO in 2015. Approximate cost of the project is around Rs.160 crore. It is also planning to set up a new plant in South India in future.

Extracted from HBL, Aug 23,’16

 

Gionee To Invest Rs 500 Cr 


Gionee, a Chinese smartphone maker, plans to set up a manufacturing unit in India. The land will be identified by Sep’16. Approximate cost of the project is around Rs.500 crore. It is planned to be operational in two years.

Extracted from BS, Aug 23,’16

 

JK Tyre To Invest Rs.100 Cr To Set Up R&D Centre Of Excellence 


JK Tyre and Industries Ltd is planning a new R&D centre of excellence in Mysuru, Karnataka. It will initially have about 200 engineers and scientists and the number will double during the next one year. Approximate investment is around Rs.100 crore.

Extracted from HBL, Aug 22,’16

 

Jivi Mobile To Invest Rs 200 Crore In Mobile Manufacturing 


Jivi Mobiles is planning a 5 lakh units per month mobile manufacturing unit in Lonavala, Maharashtra. The unit will have 10 assembly lines and will hire 500 skilled people to work at Lonavala plant. Approximate investment is around Rs.200 crore.

Extracted from BS, Aug 21,’16

 

LeEco To Increase India Retail Outlets Four-Fold 


Le Ecosystem Technology India is planning to increase its retail outlets from its current 2,000 to 8,000 during 2016. Over 50 per cent of the new outlets will be in Tier-II and Tier-III cities. Plans are also on to set up 500 franchised stores. Besides, it has also applied to the Centre for permission to set up its own flagship stores numbering between five and eight. These stores will sell its smart phones and super TVs.

Extracted from The Hindu, Aug 20,’16

 

AP To Set Up Medical Devices Park In Vizag 


The Andhra Pradesh government is establishing the “Andhra Pradesh MedTech Zone”, first medical devices manufacturing cluster in the country in the vicinity of the Visakhapatnam Steel Plant on 270 acres of land. It plans to start functioning in a year or so.

Extracted from HBL, Aug 19,’16

 

Odisha To Get Two Coal Blocks 


The union government has agreed to allocate a coal block to the Odisha Thermal Power Corporation Limited (OTPCL) for its proposed coal-based power plant at Kamakhyanagar in dist.Dhenkanal. The Union coal ministry is also believed to have agreed to the state's demand for allocation of another block to the state-owned Odisha Mining Corporation.

Extracted from ET, Aug 15,’16

 

Mega Food Park In The Offing For Deogarh District 


The Odisha state government is planning to establish a mega food park with assistance from the Centre at Badabedeikudar near Barkote in dist. Deogarh on 50 acres of land. According to the sources, land has been identified.

Extracted from TNN, Aug 15,’16

 

Aman May Set Up Four More Resorts In India 


Aman, Singapore based luxury hotel group, is planning to set up resorts in the North, West and South of India. Besides, it has also plans to add one more resort in Rajasthan (It has two now). It is also exploring the possibilities of setting up properties in Chennai, Bengaluru and north east of Kolkata. 

Extracted from The Hindu, Aug 15,’16

 

Hindalco To Invest Rs 250 Crore In New Wire-Rod Plant In Dahej 


Hindalco Industries is planning a 2.50 lakh tones new wire-rod plant at Dahej in Gujarat. It is scheduled to be operational by March 2018. Approximate project cost is around Rs.250 crore.

Extracted from HBL, Aug 14,’16

 

Okaya Power Plans To Invest Rs 1,000 Crore On Expansion In Three Years 


Okaya Power, Battery maker, is planning to invest Rs 1000 crore in the next three years to expand business and to create a network of around 200 warehouses across India.

Extracted from BS, Aug 14,’16

 

Bansal Etraction Files IEM For A Concrete Block In MP 


Bansal Etraction And Exports Private Limited has filed IEM for an autoclaved aerated concrete block in Raisen, Madhya Pradesh.

 

Traxun Energy Files IEM For Solar Power Plant In South India 


Traxun Energy Private Limited has filed IEM for a solar power plant in Raichur, Karnataka.

 

Metro Opens 6th Wholesale Outlet In Bengaluru 


Metro Cash & Carry has opened its sixth wholesale outlet in Bengaluru and 22nd in India. The latest outlet is located at Mysuru Road and is spread over an area of about 55,000 square feet.

Extracted from HBL, Aug 12,’16

 

Xiaomi ,Foxconn To Set Up Two More Manufacturing Facilities In India 


Xiaomi, Chinese smartphone maker, through its Taiwanese contract manufacturer Foxconn Technology Group, is planning to set up two more manufacturing facilities in India. It is in talks with various state governments for finalizing the land and other issues for the plants.

Extracted from TNN, Aug 12,’16

 

Shree Cement To Invest Rs 285 Cr To Expand Aurangabad Unit 


Shree Cement is planning to expand its cement grinding unit capacity to 5.60 MTPA from its current 3.30 MTPA at its Aurangabad unit in Bihar. It is expected to add the capacity by March 2018. Estimated cost of the project is around Rs.285 crore funded through internal accruals.

Extracted from FE, Aug 12,’16

 

KSHB Plans Residential Complex In Kozhikode 


Kerala State Housing Board (KSHB) will construct 72 apartments near the Olympian Rehman Stadium of the Government Medical College Hospital in Kozhikode on 77.5 cents of land. The 12-storey residential complex will have three lifts, playground for children, recreation hall, and gymnasium facilities. The construction of the apartments will start in three months. The project will be completed and handed over in two years.

Extracted from The Hindu, Aug 12,’16

 

KSCFF To Open Fish Stalls Along AP Border 


The Karnataka State Co-operative Fisheries Federation (KSCFF) is planning to open about 50 fish stalls in six districts bordering Andhra Pradesh by the end of this year. It will open its stalls in Ballari, Kalaburgi, Koppal, Raichur, Yadgir and Bidar districts, where fish would be brought from Mysuru.

Extracted from TNN, Aug 11,’16

 

Shree Pushkar Plans Commercial Production At Fertilizer Plant In Sept 


Shree Pushkar Chemicals & Fertilizers is planning to start commercial production at its new sulphate of potash (SOP) plant at Lote Parshuram, Ratnagiri, Maharashtra in September 2016. The plant is under trial runs.

Extracted from BS, Aug 11,’16

 

Patanjali Allotted 230 Acres To Set Up Food Park 


Patanjali Ayurved Limited plans a food park in Napgur. The Maharashtra Airport Development Company Limited has allotted 230 acres to the company for the project. The company will have to start the execution of the project within six months of approval and the production within 18 months.

Extracted from TNN, Aug 11,’16

 

Chai Point To Invest Rs.15 Cr To Open 60 Stores 


Chai Point, which has a footprint of 94 stores across Bengaluru, Mumbai, Pune, Hyderabad and NCR, plans to open 60 stores in these cities. Approximate investment is around Rs.15 crore. It has also plans to enter Chennai by December 2016.

Extracted from HBL, Aug 11,’16

 

Godavari Biorefineries Files IEM For Cellulose Unit In South India 


Godavari Biorefineries Limited has filed IEM for alpha cellulose unit in Bangalkot, Karnataka.

 

 

Polycab Wires Files IEM For Cables Unit In Western India 


Polycab Wires Private Limited has filed IEM for power cables unit in Panchamahal, Gujarat.

 

Hindustan Copper Inaugurates Nickel Plant At Ghatsila  


Hindustan Copper has inaugurated a 50 MT nickel plant at Ghatsila. The nickel output is expected to increase eightfold after the completion of mine expansion projects undertaken at Ghatsila.

Extracted BSE, Aug 10,’16

 

Odisha Urges SAIL To Set Up Cement Plant 


The Odisha state government has urged the Steel Authority of India Limited (SAIL) to to set up a cement plant in dist. Sundergarh. The state government has also asked SAIL to set up a medical college hospital, skill development centre and a sewage treatment plant in Rourkela.

Extracted from BS, Aug 10,’16

 

Govt To Set Up Panel To Review E-Commerce Rules 


The Indian government is to set up a committee to look into foreign direct investment norms, pertaining to the fast growing e-commerce industry in the country. The committee will be headed by the NITI Aayog CEO. The other members in the panel include officials from the commerce and industry ministry and department of electronics and IT.

Extracted from HBL, Aug 10,’16

 

GE, L&T Ink Pact To Manufacture Sub-Sea Oil And Gas Equipment In India 


GE and L&T Hydrocarbon Engineering have signed a MoU to manufacture a  50,000 TPA sub-sea manifolds  which would be used for future deepwater projects in the Krishna-Godavari basin on the east coast of India. The manufacturing will take place at L&T’s modular fabrication unit in Tamil Nadu.

Extracted from HBL, Aug 10,’16

 

Salem Corpn. Finalises Contractor To Establish Four Green Parks 


The Salem City Municipal Corporation has awarded the contract to two private companies to establish green parks at Ashok Nagar at Rs. 35.60 lakh, Sona Nagar at Rs. 41.60 lakh, S.K. Township area at Rs. 51.26 lakh and at Kanchi Nagar at Rs. 65 lakh. They have been asked to complete the work in 180 days.

Extracted from The Hindu, Aug 10,’16

 

Lakhani Rubber Files IEM For Rubber Components Unit In Haryana 


Lakhani Rubber Works has filed IEM for a rubber components unit in Faridabad, Haryana.

 

Gulbrandsen Chemicals Files IEM For Diethyl Zinc Unit In Western India 


Gulbrandsen Chemicals Private Limited has filed IEM for diethyl zinc unit in Vadodara, Gujarat.

 

Britannia Plans To Set Up New Plant In Bengal 


Britannia Industries, a FMCG major, is looking to set up a plant in West Bengal. It has also plans to make more productive of its existing plant at Taratola. The decision on the new plant has not decided yet.

Extracted from BS, Aug 08,’16

 

Tripura To Have 2nd Integrated Development Complex 


Tripura Industrial Development Corporation is setting up an Integrated Development Complex (Second in the state)at Manughat Land Customs Station in dist. Unakoti, Tripura on 6 acres of land. The union commerce ministry would bear 90 per cent of the cost while the Tripura government will bear the rest.

Extracted from BS, Aug 07,’16

 

Carnival Cinema Plans To Add 700 Screens By March 2018 


Carnival Cinema is planning to expand its presence in tier II and III cities and add 700 screens by March 2018 to reach a target of 1,000. The investment on new screens is estimated to be around Rs 850 to 900 crore and the company is looking at states like Madhya Pradesh, Bihar, Jharkhand, Uttar Pradesh, Punjab, Rajasthan and North Eastern states for its expansion plans.

Extracted from TNN, Aug 07,’16

 

ZF Group To Set Up Technology Centre In Telangana 


ZF Friedrichshafen AG is setting its first India Technology Centre in Hyderabad. The centre will be dedicated to software and mechanical engineering purpose. It will be fully operational by January 1, 2017, and is projected to have a work force of 2,500 engineers by 2020.

Extracted from HBL, Aug 07,’16

 

West Bengal Hands Over 42 Acres To NTPC For Katwa Project 


National Thermal Power Corporation is planning a 1320 MW super critical thermal power unit at Katwa, West Bengal. It had sought 100 acres from the WB state government for the project. The WB state govt. has provided 42-acre plot. Earlier, the state had handed over papers of 55 acres land for the same.

Extracted from ET, Aug 06,’16

 

SML Isuzu Board Approves Punjab Plant Capacity Expansion 


SML Isuzu board has approved to expand its vehicles manufacturing capacity from its current 18,000 units to 24,000 vehicles a year in Punjab. It is expected to begin operations during the second half of 2017-18.  Approximate investment is around Rs.30 crore funded through internal accruals.

Extracted from HBL, Aug 05,’16

 

Infosys Seeks Govt Nod To Set Up IT SEZ In West Bengal 


Infosys has proposed to set up IT/ITeS SEZ in South 24 Parganas, West Bengal on 20.14 hectares of land. It has sought the Union government's approval to set up the same. The company's application will be considered by the inter-ministerial body, Board of Approval  on 12th August, 2016.

Extracted from BS, Aug 05,’16

 

BHEL Commissions 500 MW Marwa Thermal Power Station In Chhattisgarh 


BHEL has commissioned the second 500MW thermal unit at Marwa Thermal Power Station in dist. Janjgir-Champa, Chhattisgarh. Marwa TPS has been set up by Chhattisgarh State Power Generation Company (CSPGCL). The first unit of Marwa TPS was also commissioned earlier by BHEL.

Extracted from BS, Aug 03,’16

 

MP To Develop Nine New Industrial Hubs 


Madhya Pradesh government will develop nine new industrial sectors to promote and expand industrialization in the state. The new sectors will be established in 2,625 hectares of land for which the state cabinet has approved a sum of Rs 1,940 crore. They will be established in industrial areas of Jetapur Palasia in Dhar, Badiakhedi in Sehore, Mohasa Babai in Hoshangabad, Padora in Shivpuri, Jhanjarwada in Neemuch, Umaria-Dungaria extension in Jabalpur, Babupur in Satna and IT Park, Indore.

Extracted from TNN, Aug 03,’16

 

Katol Energy Files IEM For A Power Plant In Maharashtra 


Katol Energy Private Limited has filed IEM for a biomass based power plant in Nagpur, Maharashtra.

 

Sanghi Industries Files IEM For A Grinding Unit In Western India 


Sanghi Industries Limited has filed IEM for a grinding unit (standalone) in Surat, Gujarat.

 

Hotel Start-Up Treebo To Expand Across 60 Cities By Mid 2017 


Treebo, Technology-based hotel startup, plans to expand its franchisee business model to rope in about 500 hotels across 60 cities in India by mid-2017. The firm currently has nearly 125 properties in 25 cities.

Extracted from HBL, Aug 02,’16

 

Snapdeal Opens 6 Logistics Hubs To Ramp Up Delivery Ops 


Snapdeal has set up 3 mega logistics hubs in Delhi-NCR and one each in Lucknow, Hyderabad and Kolkata. The six new centres are owned by Vulcan Express, a 100% owned subsidiary of Snapdeal. Snapdeal did not disclose investment details.

Extracted from BS, Aug 02,’16

 

Nalco To Start Work On Expanding Damanjodi Refinery In February 2017 


The National Aluminium Company (Nalco) is awaiting environment clearance for expansion of its alumina refinery at Damanjodi. It expects to get environment clearance for the refinery expansion by December this year. It plans to start work on the project from February 2017.

Extracted from BS, Aug 02,’16

 

Reebok To Move DIPP For Setting Up Flagship Stores 


Reebok India, owned by German sportswear major Adidas, will submit an application with the Department of Industrial Policy & Promotion for setting up fully-owned flagship stores in India. The application is expected to be made within this year.

Extracted from HBL, Aug 01,’16

 

NTPC Commissions NP Kunta Power Project 


NTPC Ltd has commissioned a 50 MW (1X50 MW) solar PV power project of NP Kunta Ultra Mega Solar Power Project Stage-I at Anantapuramu in Andhra Pradesh. It has been commissioned on July 29 2016.

Extracted from HBL, Aug 01,’16

 

Two More Units Of Lower Jurala Hydel Project Ready For Commercial Operation 


The Telangana State Power Generation Corporation Ltd has commissioned two units of 40 MW each at the (6 x 40 MW) Lower Jurala Hydro-Electric Project at Revulapally in dist. Mahabubnagar. Meanwhile, generation of power at the 6x39 MW Priyadarshini Jurala Hydro-Electric Project at the dam site is going on from July 21 with the number of units generating power depending on inflows into the reservoir.

Extracted from The Hindu July 31,’16

 

Radisson Blu Resort & Spa Opened In Karjat 


Carlson Radisson Rezidor Hotel Group in partnership with Hill Crest Resort and Spa, has opened its 29th Radisson Blu Resort & Spa at Karjat near Mumbai. It has also plans to open another 11 under the upscale brand. The group now has 77 hotels and plans to have 170 operating hotels by 2020 in India.

Extracted from HBL, July 31,’16

 

Industry Will See Growth In The Next 6 Months: Assocham 


According to Assocham, the Indian industry is expected to see growth by December in terms of sales and profitability even though fresh investments from the private sector continue to suffer due to under-utilisation of capacities.

Extracted from HBL, July 31,’16

 

Toshiba Transmission & Distribution Systems Files IEM For Substations Unit In South India 


Toshiba Transmission & Distribution Systems (India) Private Limited has filed IEM for a gas insulated substations (12KV to 800 KV) unit in Medak, Telangana.

 

Zuari Agro Chemical Files IEM For Urea Unit In Western India 


Zuari Agro Chemical Limited has filed IEM for urea manufacturing unit in South Goa, Goa.

 

Seya Industries To Invest Rs 580-Cr On Capacity Expansion 


Seya Industries Ltd is planning a sulphuric acid and specialty chemicals unit at its existing location in Maharasthra at an expenditure of Rs 370.53 crore. It has also proposed to enter into backward integration through setting up a para nitro chloro benzene and ortho nitro chloro benzene at a cost of Rs 142.63 crore. Additionally, a sum of Rs 67 crore is proposed to be spent on ortho anisidine / fast red B base (forward integration into specialty chemicals). 

Extracted from BS, July 29,’16

 

Eicher Motors To Invest Rs 600 Crore This Fiscal 


Eicher Motors, manufacturers of the Royal Enfield, will invest Rs 600 crore this fiscal in a new plant, product development and in the R&D centre. The first phase of Vallam Vadagal facility, which will be 7 kms from the Oragadam facility, will be ready by September 2017. This facility will take the company's total capacity to 9,00,000 units by fiscal 2018 end. 

Extracted from BS, July 29,’16

 

Lions Club To Set Up Eye Hospital 


Lions Club International is planning to set up an eye hospital at Jangaon , Telangana with an investment of Rs. 50 lakh. It has also plans a dialysis centre in Warangal this year.

Extracted from The Hindu, July 29,’16

 

Truck Terminal-Cum-Logistic Park To Come Up Near Columbia Asia Hospital 


D. Devaraj Urs Truck Terminals Ltd is to construct a truck terminal-cum-logistic park between Columbia Asia Hospital and the KRS road junction in Mysuru on 10 acres of land. It gave its feasibility report and started preparing the project report for the same. Approximate cost of the project is Rs.10 crore.

Extracted from The Hindu, July 29,’16

 

Ayush Ministry Approves Two Ayurvedic Hospitals In UP 


The Ayush ministry has approved a proposal for setting up Ayurvedic hospitals at Village Nigoha and at Village Sighpur in dist. Kanpur, Uttar Pradesh. The hospital will come up with 50 and 15 beds capacity, respectively. The ministry has approved a sum of Rs 9 crore for setting up the hospitals.

Extracted from BS, July 28,’16

 

Kesoram Industries To Invest Rs 600 Crore In 2016-17 


Kesoram Industries is planning to invest Rs.600 crore this fiscal. It plans to spend Rs.350 crore for expansion of its car radial tyre plant at Balasore, while the Rs.250 crore will be spent on cement business for purchasing of land and to improve the injection of fly ash.

Extracted from TNN, July 28,’16

 

Harley Food Products To Raise Rs.300-Crore From PEs 


Harley Food Products is planning to set up two plants in Telangana and Andhra Pradesh in this financial year. For which, it plans to raise Rs.300 crore private equity this fiscal.

Extracted from HBL, July 28,’16

 

Maruti Suzuki Gains On Plans To Expand NEXA Outlets 


Maruti Suzuki India is planning to expand the number of NEXA outlets to 250 by March 2017. NEXA has rapidly grown to 150 showrooms across 94 cities in the country.

Extracted from BS, July 28,’16

 

Raghuvesh Infrastructure Files IEM For Warehousing Unit In Northern Region 


Raghuvesh Infrastructure Private Limited has filed IEM for a non- refrigerated warehousing unit in Ludhiana, Punjab.

 

Vee Rubber India Files IEM For Tyres Unit In Western India 


Vee Rubber India Private Limited has filed IEM for rubber tyres unit in Ahmedabad, Gujarat.

 

Rise India To Spend Rs 12 Crore On Infra Development And Hiring 


Rise India is to set up training centres in India with the investment of Rs.12 crore. It has also plans to recruit 150 people in the next three months in automotive training, operational execution and business development. It plans to spend 75 per cent of the investment on infrastructure and the remaining on hiring.

Extracted from ET, July 28,’16

 

Cochin Shipyard Limited Signs MoU With Government Of India 


Cochin Shipyard Limited has signed a MoU with the Government of India for the financial year 2016-17. The MoU broadly consists of the performance evaluation parameters and targets for Cochin Shipyard for the ensuing year.

Extracted from PIB, July 27,’16

 

Monsoon To Push GDP Growth To Over 8% This Fiscal: Arvind Panagariya 


According to NITI Aayog Vice Chairman Arvind Panagariya, a good monsoon can help add "a percentage point" to India's GDP growth in the current fiscal, from 7.6% in 2015-16. Indian economy grew 7.9% in March quarter and recorded a five-year high growth rate of 7.6% for the 2015-16 fiscal on robust manufacturing growth.

Extracted from BS, July 27,’16

 

Sankalp Green Power Files IEM For A Sugar Unit In Western India 


Sankalp Green Power Limited has filed IEM for a white crystal sugar unit in Parbhani, Maharashtra.

 

 

Jaipur Dugdh Utpadak Sahakari Sangh Files IEM For Milk Unit In Rajasthan 


Jaipur Dugdh Utpadak Sahakari Sangh Limited has filed IEM for pasteurized milk unit in Jaipur, Rajasthan.

 

SCB Approves Solid Waste Management Plan 


Secunderabad Cantonment Board has approved its solid waste management plan and appointed a central government agency to setup a plant.

Extracted from The Hindu, July 27,’16

 

British Paints Inaugurates Fourth Factory In AP 


British Paints has inaugurated its paint factory at Gollapuram Industrial Park in dist. Anantpur, Andhra Pradesh. It is its fourth factory in India. Spread across 11-acres of land, the factory has been designed to allow phase-wise expansion over the years.

Extracted from HBL, July 26,’16

 

Government Approves Additional Investment Of Rs 16,641 Crore For Building Affordable Homes 


The central government has approved an additional investment of Rs 16,641 crore for construction of 2,44,267 affordable houses for urban poor under the Pradhan Mantri Awas Yojana (Urban) during the first four months of this financial year. During the last financial year, 6,83,724 houses were approved for the urban poor in 18 states with a total investment of Rs 34,927 crore. 

Extracted from ET, July 26,’16

 

MCI Approves 17 New Medical Colleges, Delhi Gets 1 More 


The Medical Council of India (MCI) has granted permission to start 17 colleges in the country, including three government institutes in Karnataka. The states Maharashtra, Telangana and UP will get two institutes each while Chhattisgarh, Delhi, Gujarat, Himachal Pradesh, Kerala, Rajasthan, Tamil Nadu, and Uttarakhand will get one each.

Extracted from ET, July 26,’16

 

ITC Limited Files IEM For A Noodles Unit In Western India 


ITC Limited has filed IEM for an instant noodles unit in Pune, Maharashtra.

 

25 Proposals Approved For Financial Assistance To Setup Up To 50 Bedded Integrated AYUSH Hospitals Under NAM 


The Ministry of AYUSH has received 35 proposals from 21 States for financial assistance to setup up to 50 beds integrated AYUSH hospitals under the National AYUSH Mission of AYUSH. Out of that, 25 proposals have been approved by the Ministry to 16 States.

Extracted from PIB, July 25,’16

 

Muthoot Launches Recycling Hub In Bengaluru; To Open More Stores 


Muthoot Exim Pvt Ltd has launched its gold recycling centre in Bengaluru. It has also plans to open 14 to 15 more such stores by the end of 2017.

Extracted from BS, July 25,’16

 

Versace Collection To Set Up First Retail Store By Year-End 


Versace Collection, an Italian fashion label, will launch its first brick and mortar store at DLF’s upcoming luxury mall Emporio at Chanakyapuri in India. It has also plans to open four stores in key metros including Delhi, Mumbai and Bengaluru. The stores will be in the range of 2,200-2500 sq feet. It will retail products for both men and women.

Extracted from HBL, July 25,’16

 

Kia Motors Set To Pick Site For First India Car Plant By August 


Kia Motors Corp is expected to pick a site next month for its first factory in India. The proposed factory would start production in 2019 and eventually have capacity to make 300,000 Kia vehicles a year.

Extracted from The Hindu, July 23,’16

 

Paradip Port To Select Consultant Soon For Rs 8,200-Cr Outer Harbour Project 


Paradip Port Trust would engage a consultant in two months to prepare a DPR for the outer harbour project being taken up under Government of India’s Sagarmala project. The estimated cost of the project is Rs 8,200 crore. 

Extracted from BS, July 23,’16

 

Karbonn To Set Up Rs 150 Crore Television Unit In Noida 


Karbonn Mobiles is to set up a new Smart TV manufacturing unit in Noida. It will be operational by April 2017.Estimated cost of the project is around Rs.150 crore. Besides, it has also to enter accessories and batteries in the next two months. 

Extracted from ET, July 23,’16

 

Skipper Sets Up PVC Pipes Manufacturing Unit In Hyderabad 


Skipper Ltd has completed a 6,000 TPA plumbing and agricultural pipes manufacturing unit in Bollaram near Hyderabad. It has been set up at an investment of Rs.10 crore. The company has also plans to reach one lakh tonnes capacity in the next two to three years.

Extracted from HBL, July 22,’16

 

Autoparts Maker Menon Bearings To Invest Rs 15 Cr In New Plant At Kolhapur 


Menon Bearings is planning to start new automobile component production line (to manufacture bearings, bushes and washers) at its Kolhapur unit this fiscal. Approximate cost of the project is Rs.15 crore. It has also plans to set a skill set training facility, along with an auditorium at Gokul Shirgaon Manufactures Association with an investment of Rs.1 crore.

Extracted from ET, July 22,’16

 

Cisco To Setup 15 Networking Academies In Jharkhand 


Cisco, the US based hardware networking giant, will setup up 15 networking academies in the state that will train up to 6000 students by 2020. It has signed MoU with the Jharkhand state government for the same.

Extracted from FE, July 21,’16

 

New Terminal To Be Built At Leh Airport For Rs 200 Crore 


According to the Union Civil Aviation Minister, Ashok Gajapathi Raju, a new terminal will be constructed at Leh airport with an investment of around Rs 200 crore. Airports Authority of India is operating the Leh airport.

Extracted from ET, July 21,’16

 

ACC Commissions Grinding Unit 


ACC, part of LafargeHolcim Group, has started commercial production at its new 2.79 MTPA clinker unit at Jamul in Chhattisgarh. Another grinding unit of similar capacity is expected to go live at Sindri in Jharkhand by September quarter. The company has invested Rs.3,000 crore in modernizing the existing facility at Jamul and putting up the grinding unit at Sindri.

Extracted from HBL, July 20,’16

 

Malaysian Kidswear Brand Poney Opens Store In Noida 


Poney, the Malaysian children's wear brand, has opened its new store in Noida and is the third store in India. It will unveil its 'Poney Enfants' luxury range of products in the store. The brand has expanded its international presence in countries like Singapore, China, Indonesia and the UAE, among others.

Extracted from ET, July 20,’16

 

Japanese Team Offers To Set Up Waste Treatment Plant In Kochi 


A Japanese delegation has offered to set up a 4 TPD solid waste treatment plant in Kochi at free of cost on 15 cents of land. The plant will be operational in the six months. The Kochi Corporation has asked the delegation to submit a DPR on the operational cost and other factors. The project would be funded by the Japan government.

Extracted from The Hindu, July 20,’16

 

Gadkari Urges US To Invest In Ports Sector 


According to the Union Shipping Minister, Nitin Gadkari, he has pressed the United States to invest in development of new ports and construction of new berths/terminals in the existing ones in India. He has also said that the government has agreed to provide maritime clusters for ancillary industrial support and design centers. 

Extracted from BS, July 19,’16

 

TNs 3rd Biopark Coming Up In Coimbatore 


According to the Tamil Nadu Industry Secretary, CV Sankar, Ticel Biopark is coming up in the Anna University campus, Coimbatore. The third such park in Tamil Nadu comes up with an investment of Rs.55 crore. The first and second such parks in the state have been established at a cost of Rs.56 crore and Rs.168 crore respectively.

Extracted from HBL, July 19,’16

 

Mega Convention Centre To Come Up In Vijayawada 


Fortune Murali Group of Hotels is planning a mega convention centre in Vijayawada on 33 acres of land. Approximate cost of the project is around Rs.263 crore. It has signed a MoU with the Andhra Pradesh state government for the same. The government is also planning to set up mega convention centres at Vizag and Tirupati. The Vizag centre will be built with an estimated cost of Rs.380 crore on 53 acres.

Extracted from The Hindu, July 19,’16

 

Jubiliant Generics Files IEM For A Tablet Manufacturing Unit In Uttarakhand 


Jubiliant Generics Limited has filed IEM for an Itraconazole Tablets unit In Haridwar, Uttarakhand.

 

United Engineers Files IEM For A Laminated Tubes Unit in Eastern India 


United Engineers India has filed IEM for a laminated tubes unit in Kamrup, Assam.

 

MPCB Gives Nod To Mega Food Park In Wardha 


Jain Agro Trading Company Private Limited has received the Maharashtra Pollution Control Board’s approval to set up a Mega Food Park at Mouza Sindhivihiri in Karanja (Ghadge), Wardha. Spread over 58 acres of land, it will come up with an investment of Rs. 88.73 crore, of which Rs.50 crore will be given by the centre and the remaining is to be borne by the company. The company has been given a deadline of three years since the date of sanctioning for completion of the project.

Extracted from TNN, July 18,’16

 

BCA Plans Sports Complex In Baroda 


The Baroda Cricket Association (BCA) is planning to build an indoor sports complex for the cricketers and athletes in Baroda. The association is in talks with the Vadodara Municipal Corporation to identity a piece of land.

Extracted from TNN, July 17,’16

 

SRF Commissions Upgraded Technical Textile Plant At Gwalior 


SRF Limited has completed the upgradation project of its technical textile plant at Gwalior, Madhya Pradesh. The modernization project of technical textile plant at Gwalior has been commissioned and capitalized at a cost of Rs 53.06 crore.

Extracted from BS, July 16,’16

 

Lava International To Invest Rs.200 Cr To Set Up India Design Centre 


Lava International is planning to build its own mobile phone design centre in India. It will be operational by 2017. Approximate investment is around Rs.200 crore.  The investment which will be spread over a period of three to four years will go into setting up the centre as well as training designers. 

Extracted from HBL, July 16,’16

 

Kalpataru Power Tranmission Files IEM For Tower Parts Unit In Chattisgarh 


Kalpataru Power Transmission Limited has filed IEM for transmission line tower parts manufacturing unit in Raipur, Chattisgarh.

 

Anup Malleables Files IEM For Railway Parts Unit In Jharkhand 


Anup Malleables Limited has filed IEM for railway parts (Specialized) manufacturing unit in Dhanbad, Jharkhand.

 

Solar Power Plant Set Up At Bharathidasan University 


Bharathidasan University is all set to commission the 500-KWp Ground Mounted Grid Interactive Solar PV Power Plant on its main campus in Tiruchirapalli, Tamil Nadu. The work was awarded to BHEL’s Electronics Division, Bengaluru. It has been established at a cost of Rs.4.85 crore on five acres of land.

Extracted from The Hindu, July 15,’16

 

Food Park In All Districts Of AP Mooted 


According to M. Girija Sankar, Secretary, Food Processing, Govt. of Andhra Pradesh, the state government is planning to set up one food park in every district and with special focus on aqua too.

Extracted from The Hindu, July 14,’16

 

Ericho Chemicals Files IEM For A Chemical Unit In Assam 


Ericho Chemicals Private Limited has filed IEM for a detergent powder unit in Kamrup, Assam.

 

Wonder Cement Files IEM For A Cement Unit In MP 


Wonder Cement Limited has filed IEM for a portland cement unit in Dhar, Madhya Pradesh.

 

DMRC Re-Tenders Phase 2 Of Kochi Metro Rail Work 


The Delhi Metro Rail Corporation has invited fresh tenders (civil works) for the stretches - Maharaja’s College to Ernakulam South and from Vyttila Kunnara Park to Pettah. The estimated cost of as per the tender is Rs.294 crore. The completion period is 20 months. The work will be allotted on August 23.

Extracted from The Hindu, July 14,’16

 

Ikea To Lay Foundation For First Indian Store In Hyderabad On August 


Ikea, a global leader in retail furniture, will set up its first store in Hyderabad as well as in India. The outlet is expected to open somewhere in July-August next year. It has purchased 13 acres of land parcel to build retail store.

Extracted from ET, July 13,’16

 

Qualitrol To Invest $50m To Set Up Design Centre In Ahmedabad 


Qualitrol, provider of monitoring solutions for electrical assets, is to set up a Global Design Centre in Ahmedabad. The centre will be used to develop both hardware and software technologies. It would employ 70 engineers in the first year of its operations. Estimated investment is around Rs.340 crore.

Extracted from HBL, July 13,’16

 

SFC Group To Invest Rs 100 Crore To Expand Restaurant Network In South India 


SFC Group, a Hospitality chain, is planning to add 25 new SFC Plus restaurants in the next four years across South India. In the next one year the company will open five outlets in Kerala at Tirur, Kozhikode Alappuzha, Kottayam and Thiruvananthapuram. It will invest around Rs.100 crore.

Extracted from ET, July 13,’16

 

We Are Set To Triple Manufacturing Here Soon: Vivo India 


Vivo, the Chinese smartphone manufacturer, is planning to expand its production capacity to three million a month from its current one million units a month at its Greater Noida facility in Uttar Pradesh. So far, it has invested close to Rs 125 crore in its first phase of investment.

Extracted from ET, July 12,’16

 

Multi-Level Car Park In Panaji To Open This Weekend 


Goa Tourism Development Corporation is setting up a multi-level car park near Santa Monica Jetty. The work on the park will be completed in this week and will be opened shortly. The date of opening has not been announced. To operate the facility, contractor will be appointed later. 

Extracted from TNN, July 12,’16

 

Hetero Healthcare Limited Has Filed IEM For A Tablet Unit In Assam 


Hetero Healthcare Limited has filed IEM for a tablet manufacturing unit in Kamrup, Assam.

 

Yanfeng India Automotive Files IEM For Door Assembly Unit In Western India 


Yanfeng India Automotive Interior Systems Private Limited has filed IEM for door and door assembly unit in Pune, Maharashtra.

 

Coimbatore District To Get More Warehouses To Store Foodgrains 


Tamil Nadu Civil Supplies Corporation is constructing warehouses at Karumathampatti (five godowns of 4,000 tonnes capacity each and one godown of 2,000 tonnes capacity, Kinathukadavu (two godowns of 4,000 tonnes capacity each and one of 2,000 tonnes capacity), and Paduvampalli (two godowns of 1,500 tonnes capacity each) at a total cost of Rs. 40.1 crore. All the amenities are likely to be ready for use in another three months.

Extracted from The Hindu, July 11,’16

 

Jaanvi Spinners Files IEM For A Yarn Unit In Uttar Pradesh 


Jaanvi Spinners Private Limited has filed IEM for a polyster yarn unit in Sant kabir Nagar, Uttar Pradesh.

 

Patanjali Ayurved Files IEM For A Vegetable Juices Unit In Madhya Pradesh 


Patanjali Ayurved Limited has filed IEM for a fruit & vegetable (Citrus) unit in Dhar, Madhya Pradesh.

 

West Bengal To Set Up Three Biotechnology Hubs 


The West Bengal Government is planning biotechnology hubs in the districts of Bardhaman, Kalimpong and Medinipur. The Biotechnology Department of the State has already taken up an elaborate scheme to not only tie up with other departments like Agriculture, Fisheries and Food Processing to increase the productivity and quality of various products, but to also provide germ-free food to the common people. 

Extracted from ET, July 07,’16

 

Oppo Mobiles Files IEM For A Mobile Phone Unit In Uttar Pradesh 


Oppo Mobiles India Limited has filed IEM for a mobile phone manufacturing unit in Gautam Buddha Nagar, Uttar Pradesh.

 

Parakh Foods Files IEM For An Edible Oil Unit In Western India 


Parakh Foods And Oils Limited has filed IEM for a refined edible oil unit in Raigad (Kulaba), Maharashtra.

 

Cabinet Gives ‘in-principle’ Nod To Set Up Port In TN 


The Union government has given its ‘in-principle’ approval to set up the country’s 13th major port at Enayam, near Colachel in Tamil Nadu. A SPV will be formed to develop the port infrastructure including dredging and reclamation, construction of breakwater, ensuring connectivity links etc.,

Extracted from The Hindu, July 06,’16

 

New Waste Processing Centre At Whitefield 


A new waste management centre has been inaugurated at Whitefield, Bangaluru in June 2016. The infrastructure of the plant has been set up by Capgemini. The site has been provided by the BBMP and is executed under PPP model.

Extracted from The Hindu, July 05,’16

 

KGLNG Gets Green Nod For Rs 1,270-Cr Expansion Project In AP 


Krishna Godavari LNG Terminal Pvt (KGLNG) has got green nod from the Environment Ministry for development of an offshore LNG floating storage and re-gasification unit at Kakinada Deep Water Port in Andhra Pradesh. The total cost of the project is Rs 1,270 crore while that of phase-I will be Rs 870 crore that will be commissioned in 1 year after obtaining due clearance. The phase-II project, which will cost Rs 400 crore, will be commissioned in 24 months after the commissioning of phase-I. 

Extracted from BS, July 05,’16

 

IOC Lines Up Rs 40k Cr To Take Refining Capacity Beyond 100 MT 


Indian Oil Corporation (IOC) is planning to expand its refinery capacity to over 100 MT from the current 80.7 MT by 2022. Approximate investment to be made is around Rs. 40,000 crore. Besides, HPCL is also planning to expand its refinery capacities.

Extracted from ET, July 04,’16

 

 

Geomin Metalloy Files IEM For A Metallurgy Unit in Madhya Pradesh 


Geomin Metalloy Private Limited has filed IEM for a pig iron unit in Jabalpur, Madhya Pradesh.

 

BVM Energy Files IEM For A Solar Power Plant In Telangana 


BVM Energy And Residency Private Limited has filed IEM for a solar power plant in Medak, Telangana.

 

Andhra Pradesh Likely To Commission Feasibility Study For Bhogapuram Airport 


Bhogapuram International Airport Company Limited, a AP govt. company, is to commission a Techno Economic Feasibility Study to obtain the in-principal approval from the Ministry of Civil Aviation for the proposed Bhogapuram International Airport on the Srikakulam-Visakhapatnam National Highway. The BIACL will also take care of establishing airports in places like Kuppam (Chittoor district), Orvakal (Kurnool district), and Dagadarthi (Nellore district).

Extracted from The Hindu, July 04,’16

 

Reliance Gets Green Nod For Rs. 800 Cr Drilling Project In TN 


Reliance Industries has received green nod for drilling eight additional exploratory wells to ascertain the reservoir capacity and commercial viability of hydrocarbons off the coast of Tamil Nadu at a project cost of Rs. 800 crore. The company has been awarded exploratory rights for hydrocarbons prospecting in the offshore block DY-III-D5 under the New Exploration Licensing Policy-III. RIL has already been given the environment clearance to drill 11 exploratory wells in this block.

Extracted from HBL, July 04,’16

 

Haryana Govt To Form JV For Industrial Township 


China Fortune Land Development Company Limited in JV with Haryana State Industrial and Infrastructure Development Corporation will develop an industrial township in around 1500 acres of land spread across Sohna and Manesar in dist.Gurgaon, Haryana. The township will cost about Rs 33,595 crore and is scheduled to be completed in next 10 years.

Extracted from BS, July 03,’16

 

ICICI Bank To Add 400 Branches, 1,000 ATMs This Fiscal 


ICICI Bank is planning to add 400 more branches and expand its ATM network by another 1,000 in the current fiscal in India.

Extracted from ET, July 03,’16

 

India’s Pharma Industry ‘Expected To Grow To $55 Billion’ By 2020 


According to the Indian ambassador to the US, Arun Singh, India's rapidly growing pharmaceutical market is expected to grow to $55 billion by 2020 and emerge as the sixth largest globally by size.

Extracted from TNN, July 02,’16

 

Emami Cements Files IEM For A Cement Unit In Odisha 


Emami Cement Limited has filed IEM for a cement (PPC, OPC and PSC) unit in Jajput, Odisha.

 

Gulbarga Cements Files IEM For A Thermal Power Plant In Karantaka 


Gulbarga Cement Limited has filed IEM for a coal based power plant in Gulbarga, Karnataka.

 

Liva Pharmaceuticals Files IEM For Dexona Injection Unit In Western India 


Liva Pharmaceuticals Limited has filed IEM for a dexona injection unit in Vadodara, Gujarat.

 

Rockwell Industries Plans Chain Of Exclusive Brand Stores 


Rockwell Industries Ltd, a Hyderabad-based industrial refrigeration company, plans to open its first exclusive and flagship brand store in Secunderabad, Telangana and also plans to open 100 exclusive shops across the country in the next one year. The company plans to invest about Rs. 10 lakh per store.

Extracted from HBL, July 01,’16

 

GSPCB Grants Consent To Airport At Mopa 


The Department of Civil Aviation has received the clearance from the Goa State Pollution Control Board (GSPCB) to establish a greenfield international airport at Mopa.( Under the Air and Water Acts, with conditions). The construction is expected to start by September 2016.

Extracted from TNN, June 30,’16

 

Building Solutions Firm Everest Industries Plans Rs 60 Crore Expansion In Nashik 


Everest Industries Limited, a building solution provider, is planning to expand its existing Nashik (Dindori) facility with Rs 60 crore investments in the next two years. It is also setting up a 2 MW solar power project at the unit with the investment of Rs.12 crore.

Extracted from ET, June 30,’16

 

Asian Paints To Set Up Rs 500 Crore Resin, Coating Unit At Dahej 


PPG Asian Paints Pvt Ltd is planning resins and coating unit at Dahej GIDC estate in Bharuch, Gujarat. The unit will produce electro deposition raisin 30,000 metric tonnes (MT), acrylic resins 25,000 MT, polyester resins and industrial coating 70,000 MT. Estimated cost of the project is around Rs.500 crore and is expected to be operational by beginning of 2019.

Extracted from TNN, June 30,’16

 

RJN Apollo Spectra Opens Inpatient Care Unit In Gwalior 


RJN Apollo Spectra, part of Apollo Health and Lifestyle Ltd (AHLL) recently launched its inpatient care unit in Gwalior, Madhya Pradesh. It has the latest equipment to undertake laparoscopic surgery and also has 360 degree care for diabetic patient. It offers complete treatment of diabetes and its complications.

Extracted from FE, June 29,’16

 

Vikas EcoTech Starts Work On PVC Stabiliser Plant In Dahej 


Vikas EcoTech Ltd is setting up (phase I) 6,000 MTPA organotin stabilisers (methyl tin mercaptide or MTM) and 5,000 MTPA specialty polymer compounds unit at Dahej, Gujarat. Approximate cost of the project is around Rs.30 crore. The trial production is expected to start by January 2017 and commercial production from April 2017.

Extracted from BS, June 29,’16

 

Gati Kausar Opens Warehouse Near Delhi 


Gati Kausar, the supply chain solutions vertical of Gati Ltd, has launched a temperature-controlled warehousing facility near Delhi. The facility is spread over 4 acres; has a capacity of more than 5,000 pallets. It will serve the needs of varied industry sectors, including dairy, pharmaceutical, frozen foods, quick service restaurants, ice creams, confectionaries and fruits & vegetables.

Extracted from HBL, June 29,’16

 

Oppo Proposes To Setup Rs 1,000-Crore Facility In Andhra Pradesh 


Oppo, Chinese smartphone firm, is planning to setup a manufacturing unit in Andhra Pradesh. Approximate cost of the project is around Rs.1000 crore.

Extracted from ET, June 29,’16

 

Virinchi Arm Sets Up Rs 300-Cr Multi-Speciality Hospital In Hyderabad 


Virinchi Healthcare Pvt Ltd, a 100 per cent subsidiary of IT solutions provider Virinchi Ltd, has set up its first 600-bed multi-specialty hospital in Hyderabad. It would specially focus on cardio, ortho, nephro, neuro, emergency, cancer and transplantation. The total cost of the project is Rs. 300 crore.

Extracted from HBL, June 29,’16

 

SDMC To Set Up 100 Science Clubs In Primary Schools 


The South Delhi Municipal Corporation has decided to set up 100 science clubs in the civic body-run primary schools. Vigyan Prasar Network- VIPNET under the Department of Science and Technology has agreed to provide its expertise in setting up the clubs at the earliest.

Extracted from TNN, June 28,’16

 

Beauty e-tailer Nykaa Set To Open 30 Offline Stores By 2020 


Nykaa.com, an online beauty retailer, is planning to expand its private labels and to set up 30 offline stores by 2020 in India. It has already raised Rs. 60 crore from TVS Shriram Growth Fund, and now it is getting ready to raise up to Rs.100 crore.

Extracted from HBL, June 27,’16

 

JSW Steel Gets Green Nod For Rs 35,000 Crore Jharkhand Plant 


JSW Steel has proposed a 10 MTPA capacity integrated steel unit and a 900MW captive power plant as well as a township spread across over 3,800 acres in seven villages near Sonahatu block in dist. Ranchi, with an investment of Rs.35000 crore. It has received the environmental clearance for the project.

Extracted from ET, June 26,’16

 

Jaquar Invests Rs 150 Crore To Expand Rajasthan Factory 


Jaquar Group, Bath fittings and sanitaryware major, is expanding its manufacturing facility by 30,000 square meters for faucets in Bhiwadi, Rajasthan. The facility will be operational by the middle of 2017. It is also setting up new unit for lighting solutions in Manesar; will be operational in another month or two.

Extracted from ET, June 26,’16

 

Suzlon Commissions 4.2 MW Wind Project In Gujarat 


Suzlon Group on behalf of Ahmedabad Municipal Corporation has commissioned a 4.20 MW wind power project at Nakhatrana, Kutch in Gujarat.

Extracted from HBL, June 25,’16

 

Dehradun Opens First Palliative Care Centre For Cancer Patients 


Himalayan University along with Rotary Club has opened first day care palliative cancer centre at Shastri Nagar on Haridwar Road, Dehradun in June 2016.The centre will be provide relief from pain and other distressing symptoms for patients under the care of trained nurses and doctors.

Extracted from TNN, June 25,’16

 

BCV Developers To Open 45-Cr Resort In Bengaluru 


BCV Developers, a JV of Brigade Enterprises with Classic Group and Valmark Group, will open the Signature Club Resort in the vicinity of Bengaluru International Airport before July’16. The 80,000 sq ft club has been set up at a cost of Rs.45 crore.

Extracted from HBL, June 24,’16

 

NBCC Inks Pact With IHC To Set Up Modern Convention Centres 


NBCC (India) Ltd has signed a deal with India Habitat Centre for setting up state-of-the-art convention centres in various metro cities across India. Initially, the focus for development of such properties will be in Kolkata, Jaipur, Bhubaneswar, Bhopal and Amravati.

Extracted from ET, June 24,’16

 

Pampar Ovenfresh Files IEM For Chips Manufacturing Unit in East India 


Pampar Ovenfresh Foods Private Limited has filed IEM for a potato chips and cereal snacks unit in Howrah, West Bengal.

 

Pepperfry Launches Experience Store In Hyderabad 


Pepperfry, an online furniture and home decor startup, has launched its experience store ‘Studio Pepperfry’ in Hyderabad. The company plans to open 10 more studios across key metros in the country by the end of 2016. 

Extracted from ET, June 22,’16

 

SRS Group To Invest Rs 200 Crore In Multiplex Business 


Gurgaon-based SRS Group, housed under SRS Cinemas brand, is planning to build 100 new screens in tier II and III cities across India. The screens, equipped with technology and innovation, will offer a customized theatre geometry and powerful digital sound system. It plans to invest around Rs.200 crore.

Extracted from ET, June 22,’16

 

Vsoft To Set Up Delivery Centre 


Vsoft, which provides technology products to the banking industry in India and the US, is planning to set up a delivery centre at Gangavaram in Visakhapatnam. It will have 1,500 headcounts in phases that span five years. It has also plans for an IPO in the next 18-24 months to fund its growth plans.

Extracted from HBL, June 22,’16

 

Ruchi Soya Industries Files IEM For A Tin Containers Unit In Eastern India 


Ruchi Soya Industries Limited has filed IEM for a tin containers unit in Midnapur, West Bengal.

 

Oasis Overseas Exports Files IEM For A Plastic Based Product In Haryana 


Oasis Overseas Exports Private Limited has filed IEM for a plastic drums manufacturing unit in Ambala, Haryana.

 

V-Guard Plans To Set Up 2 More Manufacturing Units 


V-Guard Industries Limited is planning new units for water heaters and another one for fans in India. It would come at a cost of Rs. 65-70 crore and Rs.35-40 crore respectively. The company would finalize the new plants next year.

Extracted from HBL, June 22,’16

 

Odisha Approves Investment Of Over Rs 1,000 Crore 


BMW Industries Limited is setting up a steel processing unit at Kalinganagar in dist.Jajpur with an investment of Rs.900 crore. Meanwhile, LL Logistics Private Limited has also proposed to set up a logistics park at Indranipatna near Choudwar in dist. Cuttack with an investment of Rs.102 crore. The Single Window Clearance Committee of Odisha has approved the projects.

Extracted from ET, June 21,’16

 

Kone Elevator To Set Up New Plant 


Kone Corporation is setting up an escalator and elevator manufacturing unit at Pillaipakkam near Sriperumbudur on 18 acres of land. The civil works have commenced and the factory would be ready by 2018.

Extracted from The Hindu, June 21,’16

 

CLP India And Suzlon Form Jv For Veltoor Solar Project In Telangana 


CLP India along with Suzlon Group to form JV for a 100 MW solar project at Veltoor in Telangana. The project will be funded 80% by debt and 20% by equity. It is expected to be commissioned by May 2017.

Extracted from BS, June 20,’16

 

Integrated Bus Terminal Soon In Visakhapatnam 


The Andhra Pradesh State Road Transport Corporation is planning an integrated bus terminal complex in Tirupati and Visakhapatnam with an investment of Rs.250 crore each. The complex would have food courts, entertainment zones and cinema theatres. Tenders will be floated soon.

Extracted from The Hindu, June 20,’16

 

Shreeji Liquid Storage File IEM For A New Faclity In Western India 


Shreeji  Liquid Storage Terminals Limited has filed IEM for a liquid storage terminal facility in Kutch, Gujarat.

 

Odisha Electronics Park Likely To Attract Rs 1,000 Crore Investments 


The Odisha Industrial Infrastructure Development Corporation is developing a Greenfield Electronics Park in Bhubaneswar on 203 acres of land. The master planning has been done by Jurong Consultants, Singapore. It is expected to attract an investment of Rs 1,000 crore.

Extracted from ET, June 19,’16

 

Boeing, Tata To Establish Aerospace Facility Near Hyderabad 


TATA Boeing Aerospace Ltd, a JV of Boeing and Tata Advanced Systems, laid the foundation for a new facility in Hyderabad. The JV has been set up to co-produce Boeing AH-64 Apache helicopter fuselages and other aero structures, as well as to pursue integrated systems in aerospace.

Extracted from HBL, June 18,’16

 

Proposed Rs 157 crore Kinfra Electronics Manufacturing Cluster Gets Final Approval 


The Kerala Industrial Infrastructure Development Corporation is to set up a Greenfield electronics manufacturing cluster at Kakkanad, Kochi on 67 acres of land with an investment of Rs.157 crore. The ministry of communication and information technology has approved the project. The Centre will provide Rs 50 crore as grant.

Extracted from ET, June 18,’16

 

AKVN's 350cr Water Project For Pithampur Okayed 


Audhyogik Kendra Vikas Nigam (AKVN) Indore has received approval for the Rs. 350 crore Narmada-Kshipra river link project. AKVN would be floating tenders for the project and developers are to be short listed by this week. It is planned to be operational in 2018.

Extracted from TNN, June 18,’16

 

Work Begins On 150-Crore Super-Specialty Hospital At Aurangabad GMCH 


A 200-bed super-speciality hospital will soon come up on the Aurangabad Government Medical College and Hospital (GMCH) premises. The ground-work for the Rs 150-crore facility, being built under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY), has begun.

Extracted from TNN, June 17,’16

 

Commerce & Industry Ministry Aims To Establish India As A Hub For World Class Designing 


The Indian Commerce & Industry Minister, Smt. Nirmala Sitharaman, has approved to begin academic session for National Institute of Design (NID), Kurukshetra from 2016-17. Earlier, the Minister had approved setting up of 4 new NIDs in Hyderabad, Goa, Varanasi & Jaipur. The aim is to establish India as a hub for world class designing & NIDs shall play a crucial role by providing the skills to empower our human capital towards world class designing.

Extracted from PIB, June 16,’16

 

 

Ostwal Phoschem Files IEM For A Fertilizer Unit In Rajasthan 


Ostwal Phoschem (India) Limited has filed IEM for an organic fertilizers unit in Bhilwara, Rajasthan.

 

Panoply Packagings Files IEM For A Paper Based Product In South India 


Panoply Packagings Private Limited has filed IEM for a corrugated paper & paper board unit in Kancheepuram, Tamil Nadu.

 

Truck Parking Facility To Come Up At Vallarpadam 


The Cochin Port Trust has allotted 3.5 acres of land on Vallarpadam Island to Bharat Petroleum Corporation Limited to develop a modern lorry parking facility at Vallarpadam. The first phase with a capacity to park 200 lorries, is expected to be ready by Sep’16. It will house facilities like ATMs, food courts, rest rooms, a toilet complex as well as blocks for the lorry drivers.

Extracted from The Hindu June 16,’16

 

Prathamesh SolarFarms Files IEM For A Solar Power Plant In Telangana 


Prathamesh SolarFarms Limited has filed IEM for a solar power plant in Mahbubnagar, Telangana.

 

Cleena Industries Files IEM For PVC And Fabric Unit In Uttarakhand 


Cleena Industries Private Limited has filed IEM for a PVC Flex, Laminated Fabric and Textile Fabric unit in Haridwar, Uttarakhand.

 

DCM Shriram Provides Update On Expansion Of Chlor-Alkali Facility And Power Plant 


DCM Shriram has commissioned 420 TPD of additional Chlor- Alkali capacity at its Unit Shriram Alkali and Chemicals, Bharuch in Gujarat, as a first phase of its expansion project. The balance Chlor-Alkali capacity and the power expansion project will be commissioned in phases by September / October 2016.

Extracted from BS, June 14,’16

 

Shakambhari Ispat Files IEM For An Iron Ore Beneficiation Unit in Eastern India 


Shakambhari Ispat And Power Limited has filed IEM for an iron ore beneficiation unit in Purulia, West Bengal.

 

GE India Files IEM For An Engineering Unit in Maharashtra 


GE India Industrial Private Limited has filed IEM for turbines and related parts manufacturing unit in Pune, Maharashtra.

 

ABB Links 648 MW Solar Project At Kamuthi With National Grid 


ABB has commissioned integration of five sub-stations (648 MW solar project) at Kamuthi in Tamil Nadu. Adani Group has issued the contract in 2015, to design, supply, installation and commissioning related to the solar plant electrification and automation systems. The project includes two 230 kV and three 110 kV outdoor switch-yards to connect to the local transmission grid.

Extracted from BS, June 13,’16

 

PVR Earmarks Up To Rs 250 Cr Capital Expenditure For FY17 


PVR, a multiplex chain operator, has earmarked a capex of up to Rs 250 crore for the current fiscal for opening new screens and refurbishing the existing ones. It aims to have around 610 screens in total at the end of the current fiscal from its current 553 screens at 121 locations in 47 cities.

Extracted from ET, June 13,’16

 

Over Rs.3 Crore For Market Complex At Thrikkakara 


The Thrikkakara municipality has invited tenders worth more than Rs.3-crore which includes setting up a shopping complex-cum-market in Kakkanad. The new complex is expected to be up and functioning within 18 months of the works being awarded.

Extracted from The Hindu June 13,’16

 

Odisha Govt Likely To Construct 2.5 Lakh Rural Houses By Next Year 


The Odisha state government is planning to construct 2.5 lakh rural housing units in 2016-17 in the state. Of around 2.5 lakh housing units, around 1.60 lakh housing units would be constructed under Pradhan Mantri Awaas Yojana while around 92,000 units would be constructed under Biju Pucca Ghar Yojana.

Extracted from TNN, June 12,’16

 

Pharma Sector Grows 7.7% In May; FDC Ban Weighs 


According to data from the AIOCD-AWACS, the market research wing of the All India Organisation of Chemists and Druggists, Indian pharmaceutical market grew 7.7 per cent in May compared with 3.5 per cent in April’16. The report added that the ban on fixed-dose combination drugs remains an overhang.

Extracted from BS, June 12,’16

 

Soon, European Standard Sewage Treatment Plant In Channarayapatna 


Ekolog, a waste management firm based in Poland, has proposed to build a European standard sewage treatment plant in Channarayapatna with an investment of nearly Rs. 10 crore. The company had prepared a DPR and submitted a proposal to the Karnataka state government a few of days ago.

Extracted from The Hindu June 12,’16

 

Neyveli Lignite To Set Up Thermal Plants In Odisha 


Neyveli Lignite is planning a coal-based power station as well as a solar power manufacturing plant in Odisha. It has been awarded Talabira-II and Talabira-III coal blocks and prefers to set up the plants nearby to the blocks. The proposed power plant envisages an investment of around Rs 10,000 crore. 

Extracted from BS, June 11,’16.

 

Vijay Solvex Files IEM For A Mustard Oil Unit in Rajasthan 


Vijay Solvex Limited has filed IEM for a mustard oil unit in Alwar, Rajasthan.

 

Ruchi Soya Industries Files IEM For A Solar Power Plant In South India 


Ruchi Soya Industries Limited has filed IEM for a solar power plant in Chamrajnagar, Karnataka.

 

VOC Port To Develop Two Berths In PPP Mode 


VO Chidambaranar Port Trust is planning to develop North cargo berth III to handle coal and North Cargo Berth-IV to handle containers and other clean cargo in Tuticorin, Tamil Nadu. Approximate cost is around Rs.587 crore and Rs.487 crore respectively. It will be developed under PPP on Design, Build, Finance, Operate and Transfer basis.

Extracted from HBL, June 08,’16

 

Adani Power To Set Up 1 Million Tonnes Copper Plant In Mundra, Gujarat. 


Adani Enterprises is in the process of setting up a 1 MTPA copper smelter project at Adani Port Special Economic Zone in Gujarat. The project includes copper smelter, sulphuric acid plant, copper refinery, continuous cast copper wire rod plant, precious metal recovery plant, phosphoric acid plant and aluminium fluoride plant among others. Estimated cost of the project is Rs.10,000 crore.

Extracted from ET, June 08,’16

 

Max Healthcare Opens Standalone Daycare Chemotherapy Centre 


Max Healthcare has opened the first daycare chemotherapy centre at Lajpat Nagar in New Delhi. The centre will offer an 'un-hospital' like architecture and environment to the cancer patients. It has also plans to launch similar centres in the coming years.

Extracted from ET, June 07,’16

 

Oleo Buffers Files IEM For An Engineering Unit In Karnataka 


Oleo Buffers India Limited has filed IEM for a hydraulic buffers (For elevator and rail) manufacturing unit in Bangalore (Urban), Karnataka.

 

Government To Develop Six Bulk Drugs, Medical Devices Parks 


The union government has decided to establish six bulk drug and medical devices parks with an investment of Rs 60,000 crore on PPP mode. The centre is in talks with various states for setting up of these parks. These parks will have common facilities like testing, power and effluent treatment plants. 

Extracted from ET, June 05,’16

 

Seco Tools India Inaugurates New Plant Near Pune 


Seco Tools India, a wholly owned subsidiary of Swedish company Seco Tools AB has inaugurated its new plant and office at Koregaon Bheema near Pune. It has also plans to add its headcount from its current 600 employees to 1000 very shortly.

Extracted from HBL, June 04,’16

 

Swiss Firm Datwyler To Expand Sealing Facility In Maharashtra 


Datwyler, supplier of customized sealing solutions to manufacturers in the healthcare, automotive, civil engineering and consumer goods sectors, is planning to construct its most advanced manufacturing facility ‘FirstLine’ at Satara in Maharashtra. The facility will be fully operational in 2017.

Extracted from BS, June 04,’16

 

Centre May Invest Rs.28,321 cr. For Paradip Port Improvement 


The Union Ministry of Shipping has proposed to invest a massive Rs.28,321 crore for development of Paradip Port and improvement of port connectivity in Odisha.  Some of the works will be executed by Union Ministry of Railways and some by the Ministry of Shipping.

Extracted from The Hindu, June 04,’16

 

SAJ Food Products Files IEM In West Bengal 


SAJ Food Products Private Limited has filed IEM for a biscuit manufacturing unit in Howrah, West Bengal.

 

Millenium Infratech Files IEM For Light Manufacturing Unit In Chhattisgarh 


Millenium Infratech Private Limited has filed IEM for electric lights manufacturing unit in Raipur, Chhattisgarh.

 

Metro IV Project Approved 


Mumbai Metropolitan Region Development Authority has approved a 32-km Wadala-Ghatkopar-Thane-Kawarvadavali Metro-4 project in Maharashtra. The Authority has recommended the project to the state government for final approval. Approximate cost of the project is around Rs. 14,549 crore and to complete by 2021.

Extracted from TNN, June 03,’16

 

Idea Cellular To Open 100 New Company Retail Stores To Drive 4G Sales 


Idea Cellular is planning to open 100 new company retail stores (CRS) across the country by the end of this fiscal year to support 4G services. It will work on 24x7 basis to help the customers to make bill payments, recharges and QMS among other services.

Extracted from ET, June 03,’16

 

Auto Component Industry To Grow Up To 10% In 2016-17: ICRA 


According to ICRA, the auto component industry in India is expected to grow by up to 10% in the current fiscal on the back of sales growth in passenger vehicles and motorcycle segments. It expects that the auto component industry to gain momentum and register growth of 8.5-10% in the current fiscal as against 2.8% growth in the last fiscal.

Extracted from BS, June 03,’16

 

Azure Power Setting Up Solar Plants With 150 MW Capacity In Punjab 


Azure Power is planning a 150 MW solar power projects at the villages Badal, Bahadurgarh Jadian in dist.Bathinda, Korianwali and Bahadurkhera in dist. Fazilka of Punjab. It would invest around Rs.800 crore for the projects.

Extracted from ET, June 03,’16

 

Sri Krishna Pharmaceuticals Files IEM For Tablet Manufacturing Unit In South Unit 


Sri Krishna Pharmaceuticals Limited has filed IEM for a paracetamol tablet manufacturing unit in Rengareddy, Telangana.

 

Chelsea Mills Files IEM For Textile Unit In Haryana 


Chelsea Mills LLP has filed IEM for a textile garments unit (To manufacture all types of textile garments) in Gurgaon, Haryana.

 

2,000-Acre Waste Recycling Park Proposed Near Madhugiri 


The Karnataka state government is planning a mega waste recycling park on 2,000 acres of land near Madhugiri of Tumakuru district in Karnataka. The Urban Development Department would soon write to KIADB to initiate the process for getting the land through consent process for the project.

Extracted from The Hindu, May 31,’16

 

Odisha Plans Data Centre On PPP Mode 


The Odisha government is planning to set up a data centre to cater to the needs of private and public PSUs on PPP mode at Infovalley, a dedicated IT park in Odisha. Besides, STPI is also planning a world class data centre in Bhubaneswar at an investment of Rs 60 crore.

Extracted from BS, May 31,’16

 

Chennai Port Trust To Invest Rs.1,500 Crore For Expansion 


Chennai Port Trust is planning to invest around Rs. 1,500 crore over the next five years to strengthen its capacity and ward off competition from neighbouring ports. The plan involves construction of a coastal terminal, development of a barge handling facility, construction of a coal handling facility subject to clearance from the SC panel and construction of an EXIM godown, among others. 

Extracted from The Hindu, May 31,’16

 

Granito Brushes Files IEM For Abrasive Brushes Unit In South India 


Granito Brushes Private Limited has filed IEM for an abrasive brushes unit in Bangalore (Rural), Karnataka.

 

Grasim Industries Files IEM For A Power Plant In Gujarat 


Grasim Industries Limited has filed IEM for a captive power plant in Kutch, Gujarat.

 

ALIMCO To Start Manufacturing Prosthetics By Early 2017 


The Artificial Limbs Manufacturing Corporation of India (ALIMCO) in collaboration with German prosthetic limb and wheelchair maker Ottobock, would start new generation prosthetics manufacturing unit near Kanpur by early 2017. Meanwhile, the centre has sanctioned Rs 268 crore for modernization of ALIMCO. The entire process of modernization would be completed by 2018. 

Extracted from ET, May 30,’16

 

BASF Opens New Plant In West Bengal 


BASF has inaugurated its newly built concrete admixtures unit at Kharagpur in West Bengal. This unit will produce concrete admixtures products as well as chemical solutions for underground construction under 'MasterRoc' product brand. The plant will also have a concrete lab that will deliver tailor-made recipes. 

Extracted from HBL, May 30,’16

 

Salcomp Manufacturing India Files IEM For Electronic Component Unit In UP 


Salcomp Manufacturing India Private Limited has filed IEM for an electronic components (other) manufacturing unit in Gautam Buddh Nagar, Uttar Pradesh.

 

Sri Krishna Pharmaceuticals Files IEM For Folic Acid Unit In Western India 


Sri Krishna Pharmaceuticals Limited has filed IEM for a folic acid unit in Solapur, Maharashtra.

 

21 Paddy Mandis To Be Opened In Koraput 


The Koraput Administration has decided to open 21 mandis in the district to procure paddy for the rabi season. The mandis are expected to be operational from the last week of May and at least 70,000 quintals of paddy will be procured during rabi.

Extracted from TNN May 30,’16

 

Yellow Tie Hospitality To Launch GBC In India, Invest $3 Million 


Yellow Tie Hospitality has tied up with Genuine Broaster Chicken to launch its first outlet in Mumbai, followed by roll-outs of franchise outlets in Kolkata, Hyderabad, Gurgaon, Surat and a few more cities in the first three months in India. It has plans to launch the brand across 40 outlets in the country by the year-end and will invest $3 million till 2018 for expansion.

Extracted from ET, May 29,’16

 

Vaibhav Plasto Printing & Packaging Files IEM For An Ink Unit In Western India 


Vaibhav Plasto Printing & Packaging Private Limited has filed IEM for an ink manufacturing unit in Nagpur, Maharashtra.

 

Renault Forays Into Pre-Owned Car Business In India; Opens First Outlet 


Renault has forayed into pre-owned car business in India by opening its first outlet in Bengaluru. It would provide a transparent and reliable platform for buying, selling and exchanging certified pre-owned cars of all brands with optimum deals on finance, insurance, warranty and road side assistance. The company aims to open 20 such outlets this year, another 50 by next year. 

Extracted from ET, May 26,’16

 

Shree Cement Updates On Expansion And Capacity Addition 


Shree Cement is setting up a 2.8 MTPA clinker unit Raipur, Chhattisgarh. Estimated investment is around Rs.700 crore and is to be ready by March 2018.

Extracted from BS, May 26,’16

 

Intex Technologies Files IEM For LED TV Unit In North India 


Intex Technologies India Limited has filed IEM for LED TV manufacturing unit in Gautam Buddha Nagar, Uttar Pradesh.

 

ITC Files IEM For An FMCG Product in Madhya Pradesh 


ITC Limited has filed IEM for biscuits manufacturing unit in Sehore,Madhya Pradesh.

 

Fashion E-Tailer Yepme Plans Aggressive Offline Expansion; To Open 100 Stores 


Yepme, Online fashion portal, is planning to open 75-100 stores in India by the end of this financial year. The stores will be combination of company-owned and franchised stores. Recently, it has opened its fourth store at Galleria market in Gurgaon.

Extracted from ET, May 25,’16

 

Mitsui Chemicals To Expand PP Compounds Capacity In India 


Mitsui Chemicals Inc, a Japanese Company, is planning to raise the capacity of polypropylene (PP) compound by about 15,000 tonne by adding one production line at Neemrana in Rajasthan. It is expected to be operational by July FY2017.

Extracted from BS, May 25,’16

 

BHEL Commissions 800 MW Supercritical Thermal Unit In Karnataka 


BHEL has commissioned the first 800 MW supercritical thermal unit in Raichur, Karnataka. The unit has been commissioned at the 2x800 MW Yeramarus Thermal Power Station in the state. The plant is being developed by Raichur Power Corporation Ltd - a JV of Karnataka Power Corporation Limited and BHEL.The second unit of this project is also in the advanced stage of construction and is expected to be commissioned shortly.

Extracted from ET, May 25,’16

 

Hamlai Industries Files IEM For An Agricultural Chemical Unit In Gujarat 


Hamlai Industries Private Limited has filed IEM for an insecticides unit in Ahmedabad, Gujarat.

 

2,000 Environmental Approvals In 2 Yrs: Govt 


According to the union environment minister, Prakash Javadekar, more than 2,000 environmental approvals have been granted in the past two years in the country. All this would unlock an investment of Rs 10 lakh crore and create a million jobs.

Extracted from BS, May 24,’16

 

Viswateja Spinning Files IEM For Wind Power Unit In Andhra Pradesh 


Viswateja Spinning Mills Private Limited has filed IEM for wind power generation project in Anantappur, Andhra Pradesh.

 

Alibaba To Set Up India Data Centre To Take On Amazon 


Alibaba Group, Chinese e-commerce player, is planning a data centre in India. The project is in very nascent stage. Other details are not available.

Extracted from HBL, May 23,’16

 

MariApps Opens Office In SmartCity Kochi 


MariApps Marine Solutions Private Limited has opened its office at the recently launched SmartCity Kochi (SCK) in Kerala. MariApps, with presence in Cyprus, Singapore and India, offers IT solutions to shipping and maritime industry worldwide.

Extracted from ET, May 22,’16

 

Brigade Enterprises Plans Rs 3,000 Cr Realty Projects In FY17 


Brigade Enterprises will commence construction of a world trade centre in Chennai and an office-cum-retail and residential project at Brookfields in Bengaluru during the current financial year. It will invest around Rs. 1000 crore for Chennai and Rs.2000 crore for Bengaluru projects. It has partnered with Singapore’s sovereign wealth fund GIC for both the projects.

Extracted from FE, May 20,’16

 

Coolpad To Set Up R&D Centre In Bengaluru 


Coolpad, Chinese handset maker, will set up its R & D unit in Bengaluru. The centre will work on customization of the device to meet Indian requirements and at a later stage, also focus on app and content for the smartphones. The centre would be fully functional before the end of 2016.

Extracted from ET, May 20,’16

 

Renault India To Expand Its Dealerships To 240 By Year End 


Renault India is planning to expand its dealership “RENAULTSTORE” network from 208 facilities to 240 facilities across India by the end of this year. These new generation dealerships take care of everything from test drives, to delivery and after-sales support.

Extracted from FE, May 20,’16

 

Fortune 500 Firm Sanmina Keen On Electronics Unit, R&D Centre In Odisha 


Sanmina Corporation is planning to set up a printed circuit boards and also an R&D centre in Odisha. It plans to invest around Rs.1000 crore.

Extracted from BS, May 19,’16

 

Piaggio Opens India's 2nd Concept Store In Hyderabad 


Piaggio Group has inaugurated its second Motoplex, a concept two-wheeler retail store at Jubilee Hills in Hyderabad. The facility is set up in an area of 4,134 sq. ft. It will display brands like Vespa, Aprilia and MotoGuzzi. The first store has been set up in Pune in November 2015.

Extracted from ET, May 19,’16

 

Kozhikode Civic Body To Open Veterinary Hospital At Poolakadavu 


The Kozhikode civic body will set up a two storeyed super-specialty veterinary hospital-cum-Animal Birth Control Centre at Poolakadavu to provide 24/7 service to public on 53 cents of land. It has signed an agreement with the contractor to carry out the construction work at a cost of Rs. 75 lakh.

Extracted from TNN, May 19,’16

 

LV Prasad Eye Institute Launches Rural Eye Health Centre In Bhubhaneswar 


The LV Prasad Eye Institute has launched Indian Oil Centre for Rural Eye Health centre in Bhubhaneswar with funding assistance of Rs. 2 crore from the Indian Oil Corporation. It will provide solutions to visual impairment in rural Odisha. This center will coordinate with the secondary and primary eye care centers under the LVPEI Community Eye Health and Outreach services.

Extracted from HBL, May 19,’16

 

ITC Aims For 8 New Food Plants, To Invest Rs 4,000 cr 


ITC, consumer goods conglomerate, will set up eight new integrated food processing units by 2019, with investments in excess of Rs 4,000 crore. It has acquired land for the proposed plants in West Bengal, Assam, Karnataka, Tamil Nadu and Maharashtra.

Extracted from BS, May 20,’16

 

Alstom Starts Fencing 100-Acre Locomotive Plant Site At Madhepura 


Alstom in JV with Indian Railways will set up an electric locomotive factory under Make in India initiative at Madhepura in Bihar. The company has started fencing and securing the 100 acre land already acquired for the factory. Estimated cost of the project is around Rs.20,000 crore.

Extracted from ET, May 19,’16

 

Tea Processing Unit Setup In Tripura To Benefit Small Tea Growers 


Tripura Tea Development Corporation has set up a tea processing unit at Brahmakunda in Tripura. Approximate cost of the project is around Rs. 8.35 crores, with around half the amount as financial assistance from the North East Council.

Extracted from BS, May 19,’16

 

Rama Steel Tubes Files IEM For Steel Tubes Unit In Maharashtra 


Rama Steel Tubes Limited has filed IEM for a steel tubes and pipes manufacturing unit in Raigad ( Kulaba), Maharashtra.

 

Vikram Solar Files IEM For A Solar Module Unit in Eastern India 


Vikram Solar Private Limited has filed IEM for a solar modules manufacturing unit in dist. South 24- Paragans, West Bengal.

 

Aequs Signs Contract With Reliance Steel subsidiary AMS For Expansion Of Its Aerospace Ecosystem 


Aequs has signed a contract with All Metal Services Limited (a subsidiary of Reliance Steel & Aluminum), to establish a metals service center in Belgaum. AMS' facility at the Aequs SEZ provides a local resource for Indian and regional customers to obtain specialty materials and processing services
Extracted from ET, May 17,’16

 

GE Ties Up With IIT-M To Set Up Industrial Internet Centre 


GE, a US-based conglomerate, has signed an agreement with the IIT-Madras to set up an Industrial Internet Centre of Excellence. The centre is being established to develop applications that will help companies to save the costs.

Extracted from BS, May 17,’16

 

StayWell Hospitality To Open 5 Hotels In India This Year 


StayWell Hospitality Group, an Australia based company, is planning to add five hotels with around 550 rooms in India by the end of 2016. The hotels will be under the brands of Park Regis and Leisure Inn. The company is also in advanced negotiations with two owners who want to join the StayWell portfolio.

Extracted from ET, May 17,’16

 

Clean Solar Files IEM For A Power Plant In Telangana 


Clean Solar Power (Chitra Durga) Private Limited has filed IEM for a solar power plant in Medak, Telangana.

 

Ahuja Synfab Files IEM For A Textile Unit In Maharashtra 


Ahuja Synfab Private Limited has filed IEM for textile garments and clothing accessories (all types) manufacturing unit in Thane, Maharashtra.

 

Vedanta To Set Up Steel Plant In Jharkhand 


Vedanta has signed a MoU with the Jharkhand government to set up one million tonne steel plant (hot iron and ductile iron pipe) in dist. Seraikela-Kharsawan, Jharkhand. The company needs 390 acres of land. The plant is likely to be functional by 2020-2021. Estimated cost of the project is around. Rs.17,000 crore.

Extracted from BS, May 06,’16

 

KWA Gets Rs.3.72 Crore Under AMRUT 


The Kerala Water Authority has received administrative sanction to carry out works worth Rs.3.72 crore to improve the sewage system under the AMRUT. The sewerage wing of the KWA has decided to utilize the funds to revamp the pumping system at Kuriathy so that raw sewage could be pumped uninterruptedly to the STP at Muttathara.

Extracted from The Hindu May 06,’16

 

Ghaziabad Devpt Body Invites Tenders For Projects Worth Rs 115 Crore 


GDA has invited tenders for various developmental projects with an estimated expenditure of about Rs 115 crore. The proposed projects include a four-lane flyover from ALT to Kavi Nagar and a multi-storey residential flat complex under the Sawajwadi Aawas Yojna in Koyal Enclave. Approximate project value is Rs. 35.88 crore and 78.38 crore respectively. The names of the selected firms will be declared on July 28. Both the projects will be completed in 18 months.

Extracted from TNN May 05,’16

 

Symbiotec Pharmalab Files IEM For a Drug Unit In MP 


Symbiotec Pharmalab Private limited has filed IEM for a bulk drug unit in Dhar, Madhya Pradesh.

 

Yamaha Opens Training School In Thiruvananthapuram 


Yamaha Motor has opened a Yamaha Training School on the premises of Jayamatha private ITI, Mar Ivanios College campus, Thiruvananthapuram.

Extracted from The Hindu May 05,’16

 

MedPlus To Set Up 1,100 Franchise Stores; Ties Up With SBI 


MedPlus Health Solutions Pvt Ltd will set up 1000 MedPlus franchise stores across Andhra Pradesh and Telangana. It has collaborated with State Bank of India which will extend flexible loans to the franchisees. A typical MedPlus franchise store will be around 300-500 sqft and requires a total investment of around Rs. 15-20 lakh.

Extracted from HBL, May 05,’16

 

Coal India To Set Up 15 Washeries By October 2017 


According to Coal Secretary, Anil Swarup, Coal India will set up 15 washeries across the country by October 2017. He further added that the process of setting up the washeries is well on track. Construction has started at several locations.

Extracted from HBL, May 04,’16

 

Amul To Invest Rs 2,500 Crore To Raise Milk Processing Capacity 


Gujarat Co-operative Milk Marketing Federation, which sells products under the Amul brand, is planning to raise its milk processing capacity by another 10 million litres per day from current capacity of 28.1 million litres per day by 2020. For which, it plans to establish one plant each for milk processing in Kolkata and Mumbai and two more plants in Gujarat. It has also plans to raise the capacity in its few existing plants with the total investment of Rs.2500 crore.

Extracted from ET, May 04,’16

 

Kingfa Science & Technology Files IEM For Thermo Plastics Unit In Maharashtra 


Kingfa Science & Technology (India) Limited has filed IEM for a modified thermo plastics manufacturing unit in Pune, Maharashtra.

 

Instant Coffee Maker CCL Products To Invest $40 Million On A Green-Field Plant 


CCL Products (India) Limited, an instant coffee product maker, is planning a 5000 tonnes per year green-field freeze dried instant coffee manufacturing plant in dist. Chittoor, Andhra Pradesh. Approximate cost of the project is around Rs.265 crore and is expected to be completed in December 2017.

Extracted from BS, May 03,’16

 

Spices Board Sets Up Kandla Testing Facility 


The Spices Board has set up a state-of-the-art Quality Evaluation Laboratory at Kandla Port in Gujarat on 40 cents of land allotted by the Kandla Port Trust. It has been built at a cost of Rs.9.9 crore with central government support of Rs.4.98 crore under the ASIDE scheme. This is to help exporters and customers ensure that their products meet international standards.

Extracted from NIE, May 04,’16

 

Aussie Pizza Brand Eagle Boys To Open 300 Stores In 4 Years  


Eagle Boys, an Australian pizza chain, is planning to add another 300 stores to its network in next 4 years. By the end of this fiscal, the number of stores would be 50 from the current 18 in India. The current outlet base is spread across Mumbai, Pune, Chennai and Hyderabad and Kolkata.

Extracted from ET, May 03,’16

 

Balaji Energy Files IEM For A Hydel Power Plant In South India 


Balaji Energy Private Limited has filed IEM for a hydel power plant in Nellore, Andhra Pradesh.

 

Elegant Vinyl File IEM For PVC Coated Fabrics Unit In Gujarat 


Elegant Vinyl Private Limited has filed IEM for PVC coated fabrics manufacturing unit in Ahmedabad, Gujarat.

 

E-Vehicle Maker Clean Motion To Invest $10 Mn In India 


Clean Motion, a Sweden-based electric vehicle manufacturer, which runs electric three-wheeler Zbee, is planning an assembly unit in India with an investment of $10 million. Besides, it is also in talks with mall developers in Bengaluru and Mumbai as well as SEZ operators in Hyderabad, to provide last-mile connectivity in India.
Extracted from BS, May 01,’16

 

Cleansolar Renewable Files IEM For A Solar Power Plant in South India 


Clean solar Renewable Energy Private Limited has filed IEM for a solar power plant in Rengareddy, Telangana.

 

Endurance Technologies Files IEM For Auto Components Unit In Western India 


Endurance Technologies Private Limited has filed IEM for clutch assemblies and its related parts manufacturing unit in Aurangabad, Maharashtra.

 

AkzoNobel And Atul Ltd To Set Up Monochloro Acetic Acid JV In India 


AkzoNobel and Atul Ltd, a Lalbhai Group company, have signed an agreement to set up a JV to manufacture monochloro acetic acid (MCA) at Atul's facility in India. The proposed JV will use chlorine and hydrogen manufactured by Atul to produce MCA.

Extracted from BS, Apr 28,’16

 

Dabur Q4 Net Grows 16.5%; To Set Up Rs 250-Crore Plant In Assam 


Dabur, a FMCG firm, is planning a manufacturing plant at Tezpur, Assam. Approximate cost of the project is around Rs.250 crore. The plant is likely to commence operations in 2017.

Extracted from ET, Apr 28,’16

 

Cancer Institute Gets Sewage Treatment Plant 


V A Tech Wabag has commissioned a sewage treatment plant at Cancer Institute in Gandhi Nagar campus, Adyar. The treated water would be used for horticulture, the rest would be discharged.

Extracted from The Hindu, Apr 29,’16

 

Nuclear-Power Plants To Come Up In Uttarakhand, Punjab and UP: Government 


According to the Minister of State in Prime Minister's Office, Jitendra Singh, the union government is planning to set up nuclear power plants in Uttarakhand, Punjab, Haryana and Uttar Pradesh.

Extracted from ET, Apr 27,’16

 

Individuals Allowed To Set Up Rooftop Solar Plants In Haryana 


The Haryana government has allowed all individuals to install grid connected rooftop solar power plants of capacity ranging from 1kWp to 1 MWp under net-metering regulations in the state and has also allowed sale of power either to Government or third party from such plants.

Extracted from BS, Apr 27,’16

 

Green Signal For Apple Single Brand Retail Outlets 


A government panel led by the DIPP Secretary has suggested that electronic items maker Apple can be exempted from 30 per cent local sourcing norms on FDI in single brand retail as the company's proposal meets the norms on cutting edge technology.  The proposal will now be forwarded to the Commerce and Industry Minister and then the Finance Minister for their approval.

Extracted from The Hindu, Apr 27,’16

 

Shell Opens In-House It Centre In Bengaluru 


Shell has opened its in-house IT centre in Bengaluru and plans to recruit 1,000 people by this year-end. Currently, Shell has around 900 employees and the new centre will have the capacity to seat 2,300 executives. Further, this centre has the capacity to seat more, as per needs.

Extracted from HBL, Apr 27,’16

 

Yamaha Sets Up Spare Parts Centre In Tamil Nadu 


India Yamaha Motor has inaugurated its new spare parts centre at its manufacturing plant in Chennai, Tamil Nadu. The centre would support Yamaha's business by ensuring smooth supply of quality spare parts in South India as well as other parts of the country. Estimated cost is around Rs.580 million.

Extracted from BS, Apr 27,’16

 

Indian Sucrose Files IEM For A Power Plant In Punjab 


Indian Sucrose Limited has filed IEM for a power plant (Non conventional) in Hoshiarpur, Punjab.

 

Ajay Cotspin Files IEM For A Textile Unit In Gujarat 


Ajay Cotspin Industries has filed IEM for a cotton yarn and cotton yarn thread unit in Mehsana, Gujarat.

 

TexMex Brand Chili’s American Grill & Bar To Open In Chennai 


Chili’s American Grill & Bar, which serves Tex-Mex food, will open an outlet in Chennai in May ’16. TexMex Cuisine India Pvt Ltd, backed by private equity firm TVS Capital Ltd, is the franchisee for Chili’s American Grill & Bar in the southern and western regions. It has also plans to open four more outlets this year. Approximate cost to set up an outlet is around Rs.4.5 crore.

Extracted from HBL, Apr 26,’16

 

Daimler's Indian Research Arm Inaugurates Third Facility In Bengaluru 


The Indian research and development arm of German luxury car maker Daimler, has inaugurated its new facility at Whitefield in Bengaluru. This is its third facility and has a seating capacity of 900, is spread across nearly 1.2 lakh square feet.

Extracted from BS, Apr 25,’16

 

Boeing Selects Bharat Forge For Supply Of Titanium Forgings 


Boeing, an aircraft maker, has issued a contract to Bharat Forge for supply of titanium forgings for Boeing 777X. The first two forgings are scheduled to begin shipping to Boeing in late 2016 and will be followed by two more forgings in early 2017.

Extracted from ET, Apr 26,’16

 

Banas Dairy Starts Cheese Manufacturing Plant 


Banaskantha District Co-operative Milk Producers Union Ltd - popularly known as Banas Dairy has inaugurated a 900 metric tonne per month cheese manufacturing plant at Palanpur. The Rs.230 crore plant has been built with the technical and financial support from the National Dairy Development Board.

Extracted from TNN, Apr 26,’16

 

Land To Be Acquired Soon For Masula Port 


According to the Andhra Pradesh State Excise Minister, Kollu Ravindra, notification for land acquisition (For 12,000 acres) will be given soon to Masula Port Development Authority for the Machilipatnam port and is planned to be completed in two months. Meanwhile, DPR to develop Masula port as a modern container port has already been submitted to the port authority.

Extracted from The Hindu, Apr 26,’16

 

Energy University To Come Up In Anantapuramu District Of AP 


According to the Andhra Pradesh Principal Secretary - Energy, Infrastructure and Investment, an Energy University will be established during the 2017-18 academic year in dist. Anantapuramu. The Higher Education Department has granted permission for the university while the state government would soon allot the land. It will be established through PPP.

Extracted from BS, Apr 25,’16

 

Gold Plus Glass Industry Files IEM For A Glass Unit In North India 


Gold Plus Glass Industry Limited has filed IEM for a float glass & mirrors unit in Haridwar, Uttarakhand.

 

Merc Expands R&D Facilities 


Mercedes-Benz Research and Development India has inaugurated a new facility (Third in India) at Whitefield, Bengaluru. The facility spread over 119,227 sq ft with a capacity to seat 900. Further, the satellite office in Pune at Hinjewadi that was inaugurated last year has also expanded its capacity by adding another 203 seats.

Extracted from HBL, Apr 25,’16

 

Uniprats India Files IEM For A Transport Equipment Unit In North India 


Uniprats India Limited has filed IEM for  tractor parts and accessories manufacturing unit in Ludhiana, Punjab.

 

Renewsys India Files IEM For Solar PV Modules Unit In Telangana 


Renewsys India Private Limited has filed IEM for a solar PV modules manufacturing unit in Rangareddy, Telangana.

 

India To Clock 8% GDP Growth In 2016-17 


According to PHD Chamber of Commerce, India’s economy is likely to clock nearly 8 per cent growth in the current fiscal on the back of robust private consumption, which has benefited from lower energy prices and higher real incomes. The chamber also estimated that India’s share in world GDP has doubled from 1.43 per cent in 2000 to 2.86 per cent in 2015.

Extracted from HBL Apr 24,’16

 

Stone For Healthcare Project In June 


The Andhra Pradesh government will lay foundation stone for a healthcare project in Amravati with an investment of Rs.1000 crore. The project involves a Medical University, 1,000-beds hospital, medical equipment manufacturing units, medical data analytical centre, research and an educational institute; would be completed by June 2018.

Extracted from The Hindu, Apr 23,’16

 

AP To Construct Quarters For Employees In Amaravati 


The Andhra Pradesh government has decided to construct quarters (5000 houses in the first phase) in Amaravati to accommodate government employees who will be shifting from Hyderabad to the state capital. The quarters will be ready by January next year. The government will approach HUDCO to seek funds for the project.

Extracted from TNN, Apr 23,’16

 

Bulk Drug, Agri-Plastics Parks To Be Set Up In State 


According to the Union Minister for Chemicals and Fertilizers, Ananth Kumar, the union government would sanction a bulk drug manufacturing park for Andhra Pradesh out of three in the country. The Centre is also willing to set up a CIPET branch in Anantapur and an agricultural plastics park at Surampalli in dist. Krishna.

Extracted from The Hindu, Apr 23,’16

 

SBH Plans To Open 35 More Branches In Andhra Pradesh 


The State Bank of Hyderabad is planning to open 35 more branches in Andhra Pradesh during the current financial year. Besides, the bank would open 125 more branches all over the country including 35 in AP.

Extracted from HBL, Apr 22,’16

 

Swiss Military Plans To Invest Rs. 200 Crore 


Swiss Military Lifestyles Products Pvt Ltd is planning to set up its own stores and to develop a logistics and warehousing network in India. It plans to invest around Rs.200 crore in the first phase and is to complete in 2017. Investment plans for the second phase would depend on the response to the first phase.

Extracted from The Hindu, Apr 22,’16

 

JV Company Formed For Mining Two Coal Blocks In Odisha 


Odisha Coal and Power Limited, a JV formed by The Odisha Power Generation Company Limited and Odisha Hydro Power Corporation Limited will develop and operate the two coal blocks (Manoharpur coal block - 181MT and dip-side Manoharpur coal block - 350MT) by April 2019. Coal produced from these blocks would be transported from Manoharpur to Ib Thermal Power Station in Jharsuguda district through a dedicated MGR rail corridor being constructed by OPGC.

Extracted from TNN, Apr 21,’16

 

Brindavan Beverages Files IEM For Soft Drinks Unit In UP 


Brindavan Beverages Private Limited has filed IEM for a soft drinks unit in Bareily, Uttar Pradesh.

 

Plastics Centre To Come Up In Vijayawada 


Central Institute of Plastics Engineering & Technology (CIPET) will set up a new centre at Village Surampalli of Gannavaram mandal in Vijayawada, Andhra Pradesh with an investment of Rs.50 crore on 12.04 acres of land. It will offer diploma, post graduate, doctoral programmes in the entire gamut of plastics engineering and technology.

Extracted from HBL, Apr 21,’16

 

India Is The Fastest Growing Services Economy: CII-KPMG Report 


According to The Confederation of Indian Industry -KPMG report, India’s services sector is growing at 10 per cent per annum and is contributed 61 per cent to the country’s GDP. It further said that, tourism and healthcare sectors to account for about 7.6 and 4.2 per cent of the GDP respectively. The entertainment industry is expected to post 14 per cent annual growth between 2014 and 2019 to touch $33 billion.

Extracted from HBL, Apr 20,’16

 

Adani Logistics Files IEM For A Warehousing Unit In Western India 


Adani Logistics Limited has filed IEM for storage and warehousing unit in Kutch, Gujarat.

 

Jindal Medi Surge Files IEM For A Medical Equipment Unit In UP 


Jindal Medi Surge has filed IEM for orthopedic and prosthetic devices unit in Ghaziabad, Uttar Pradesh.

 

Sewerage Project Inaugurated In Ranchi 


RMC through Jyoti Build Tech Pvt. Ltd has inaugurated phase I of the sewerage and drainage integrated project which includes a water treatment plant at Kishunpur, near Badgain in Bariatu area in Ranchi. The company was given LoI in Sep’15 and is to complete the work within 24 months from the date of LoI. Approximate cost of the project is around Rs.359 crore.

Extracted from TNN, Apr 19,’16

 

Renault To Expand Dealerships This Year 


Renault India is planning to have 240 sales and service outlets in India by the end of this year. Recently, it has inaugurated its new sales, service and spares facility “Power Car India Pvt Ltd” at Kattupakkam in Chennai. At present, Renault has 208 sales outlets and 180 after sales outlets in the country.

Extracted from HBL Apr 19,’16

 

HPCL Plans $3.8 Billion Refinery Investment To Lift Capacity By Two-Thirds 


Hindustan Petroleum (HPCL) is planning to boost the capacity of its Mumbai refinery to 190,000 bpd by July 2019 from 130,000 bpd, while the Vizag refinery, plans to ramp up to 300,000 bpd from 166,000 bpd by July 2020. It will also de-bottleneck the capacity of the two crude distillation units at Mumbai and replace a 46,000 bpd CDU at Vizag with new 180,000 bpd crude units.

Extracted from ET, Apr 19,’16

 

IOC, Bangladesh Petro Ink LPG Terminal, Pipeline Deal 


Indian Oil Corporation has inked a MoU with Bangladesh Petroleum Corporation, to examine the possibility of jointly working on setting up a LPG import terminal at Chittagong port and other downstream infrastructure in Bangladesh. Bangladesh too signs an agreement to appoint Engineers India Ltd as consultants for expansion of the Eastern Refinery.

Extracted from TNN, Apr 19,’16

 

Railways To Start Construction Work Of Rs 98,000 Crore Project In 2017 


National High Speed Rail Corporation Limited, a SPV to implement the Mumbai-Ahmedabad high speed bullet train project, is to start work on the project in 2017. Estimated project cost is about Rs 97,636 crore, 81 per cent of the funding for the project will come by way of a loan from Japan. The project cost includes possible cost escalation, interest during construction and import duties. 

Extracted from ET, Apr 18,’16

 

Panasonic Plans 10 Mw Energy Storage System In Haryana 


Panasonic India and AES India has signed an agreement to construct a 10-MW energy storage system at Panasonic’s Technopark manufacturing facility in Jhajjar, Haryana.

Extracted from HBL, Apr 18,’16

 

Oracle To Expand Training Programme, Plans Additional 1400 Institutions 


Oracle is planning to open 1400 institutions under the 'Oracle Academy' programme to train 500,000 students annually. At present, Oracle Academy partners with 1700 educational institution and has trained 400,000 plus students In India.

Extracted from ET, Apr 18,’16

 

Kaira District Co-Operative Milk Producers Files IEM for Milk Processing Unit in East India 


Kaira District Co-Operative Milk Producers has filed IEM for manufacturing pasteurized milk & long life milk unit in Howrah, West Bengal.

 

JSW Paints Files IEM For Paints Unit In Maharashtra 


JSW Paints Private Limited has filed IEM for a decorative paints unit in Raigad (Kulaba), Maharshtra.

 

Viraj Steel And Energy Files IEM For A Thermal Power Plant In Odisha 


Viraj Steel And Energy Private Limited has filed IEM for a coal based thermal power plant in Sambalpur, Odisha.

 

Vijay Aand Packaging Industries Files IEM For A Paper Board Unit In South India 


Vijay Aand Packaging Industries LLP has filed IEM for a corrugated paper and paperboard unit in Mahbubnagar, Telangana.

 

Netmagic To Setup Two New Data Centres, Plans To Expand Capacity To 13 Lakh Sq.Ft By 2018 


Netmagic , a NTT Communications Group company, plans to set up two new data centres in Mumbai and Bangalore by April 2018.It has finalized real-estate deals and is waiting for fund infusion in the range of some Rs.2,000 crore to initiate the construction work of the facilities. The funding will be a mix of equity based capital infusion and some debts from local banks.

Extracted from ET, Apr 15,’16

 

Karnataka To House India’s Second Construction Waste Recycling Plant 


The Hubballi-Dharwad Municipal Corporation has decided to set up a construction and demolition of waste processing plant at Village Shivalli, Hubbali. The plant will be set up in collaboration with the department of mines and geology at a cost of Rs 5.87 crore. The proposal will be sent to the state government soon.

Extracted from ET, Apr 14

 

Micromax To Invest Rs. 2,000 Cr In Manufacturing 


Micromax Informatics has announced that it will invest around Rs.2, 000 crore in the next 5-6 years to boost manufacturing and research and development. It plans to raise fund through an IPO or private equity route.

Extracted from HBL, Apr 14,’16

 

Amplus Energy Files IEM For A Solar Power Plant IN Haryana 


Amplus Energy Solutions Private Limited has filed IEM for a solar power plant in Gurgaon, Haryana.

 

Govt Plans To Set Up Five New Major Ports 


According to the Union Shipping Minister, Nitin Gadkari, the union government is planning to develop five new major ports to improve trade and transport along the 7,500-km coastline in India. India currently has 12 major ports and three more are being developed, one each in Maharashtra, West Bengal and Tamil Nadu. The total cost of the three upcoming ports is about Rs 25,000 crore.

Extracted from BS,Apr 14,’16

 

Rashmi Yarns Files IEM For A Textile Unit In Dadra & Nagar Haveli 


Rashmi Yarns Limited has filed IEM for a partially oriented yarn unit in Silvassa, Dadra & Nagar Haveli.

 

Goldman Sachs Unit Keen To Invest In Indian Start-Ups 


Goldman Sachs Principal Strategic Investment is scouting for investment of about $2-10 million in Indian start-ups in financial technology and innovation space. It is interested in companies into data analytics and machine learning, apart from trading technology, market infrastructure, information services and security software, among others .It is in talks with a couple of start-ups.

Extracted from HBL, Apr 13,’16

 

Workforce Management Firm Kronos To Add 1,000 People, Set Up $1,50,000 Lab In India 


Kronos, a Workforce management firm, will increase its headcount in R & D in India by (currently 700) over 25 per cent to more than 1,000 employees in the next 2-3 years. It is also setting up a customer experience centre in Noida with an investment of USD 1,50,000 and will be launched in the second half of 2016.


Extracted from ET, Apr 13,’16

 

Bidar To Get Garbage Processing Unit 


Bidar City Municipal Council and Nirmiti Kendra are setting up a garbage processing and disposal unit (To process 40 tonnes of waste a day) in the city. This is part of a comprehensive solid waste management project planned for the city. Civil works have been completed and the unit will be commissioned soon.

Extracted from The Hindu, Apr 12,’16

 

Work On Navi Mumbai Airport To Start By December 


Cidco, the nodal agency to build Navi Mumbai international airport, will select a developer by October, is expected to start work by December’16. The financial bidding for the Rs 3,144 crore pre-development job has already begun after short listing of firms on the basis of their technical expertise. The project is expected to be completed by 2030.

Extracted from TNN, Apr 12,’16

 

Ruchi Soya Files IEM for Tin Containers In Andhra Pradesh 


Ruchi Soya Industries Limited has filed IEM for a tin containers unit in East Godavari, Andhra Pradesh.

 

Paradeep Port To Develop Outer Harbour At Rs 4,179 Cr 


Paradeep Port Trust has proposed to develop an outer harbour under the Sagarmala project.  The harbour would offer the major port a draft of 22 metres, enabling it to handle huge Capesise vessels of 200,000 dead weight tonnage. The cost of developing the harbour is estimated at Rs 4,179 crore.

Extracted from BS, Apr 11,’16

 

Maritime India Summit: Rs 2 Lakh Crore Investment Expected, Says Nitin Gadkari 


According to the Union Minister, Nitin Gadkari, India will double its ports capacity to 3000 million tonnes by 2025 from its 1,500 MT in 2015. The government is also expecting 2 lakh crore investments in the Maritime India Summit to be held in Mumbai from April 14 to 16. Besides, the union government will invest Rs. 60,000 crore in the port sector by May 26 this year.

Extracted from FE, Apr 11,’16

 

Hero MotorCorp To Begin Production At Chittoor Plant By December 2018 


Hero MotoCorp Limited will commence its first phase of two wheeler manufacturing unit (5 lakh per annum) at Madannapalem in Chitttoor, Andhra Pradesh by December 2018 with an investment of Rs 800 crore. It will add another 5 lakh units in the second phase by December 2020, and an additional 8 lakh units in the third phase by December 2023 with an investment of Rs 800 crore for both the phases.

Extracted from ET, Apr 11,’16

 

Pearl Global Industries Files IEM For A Textile Garment Unit In North India 


Pearl Global Industries Limited has filed IEM for textile garments and clothing accessories (All types) unit in Gurgaon, Hrayana.

 

Water Treatment Plant Likely At Mananchira 


The Kozhikode Corporation will set up a water treatment plant at Mananchira, Kozhikode. The treated water could be used for drinking purposes. Other details’ regarding the project is not available.

Extracted from The Hindu, Apr 11,’16

 

Mahagenco To Produce Cement 


Mahagenco, through its new subsidiary, Mahagenco Flyash Management Company Limited, which is about to start, is planning cement plants in the country (By teaming up with the cement companies) to use fly ash generated from its power plants, which is presently giving  it for free to cement manufactures. The project is in initial stage and talks are yet to be held with cement companies.

Extracted from TNN, Apr 10,’16

 

Odisha Seeks Setting Up Of NIPER 


The Odisha state government has set up Bio-Technology Park over an area of 64 acres in Bhubaneswar and is in the process of setting up a Pharma Park and a Medical Device Park in the state. Further to develop the pharmaceutical sector in this region, the state government has requested union government to set up a NIPER.

Extracted from The Hindu, Apr 09,’16

 

Green Nod For HPCL's Rs 800 Crore Storage Tank Project In Mumbai 


Hindustan Petroleum Corporation Limited will construct storage tanks and associated facilities for white oil products at the Calico plot, Chembur. The project also involves laying of new pipelines (to and fro) from Calico plot to HPCL Mumbai Refinery and connecting to existing pipelines for distribution of products with the cost of Rs 800 crore. It has received the environment clearance for the project.

Extracted from ET, Apr 08,’16

 

Senco Gold Ties Up With Flipkart 


Senco Gold & Diamonds has tied up with India’s largest e-commerce marketplace, Flipkart. The tie-up will make available a wide variety of light weight gold & diamond jewellery priced between Rs. 7000 and Rs. 1, 50,000 on Flipkart.

Extracted from HBL, Apr 08,’16

 

Keerthi Estates Files IEM For A Solar Plant In Telangana 


Keerthi Estates Private Limited has filed IEM for a solar power plant in Nalgonda, Telangana.

 

 

Dhanurdhar Processor Files IEM For A Dyeing Unit in Gujarat 


Dhanurdhar Processor Private Limited has filed IEM for a dyeing (Fabric) unit in Surat, Gujarat.

 

Asian Paints To Set Up Plant In Visakhapatnam 


Asian Paints will start construction work on the proposed 4 lakh KL per annum paint unit at Village Pudi, Rambilli, Visakhapatanam by July or August’16. The unit would spread over an area of 113.26 acres land. APIIC added that the company is now undertaking the EIA study following which the environmental public hearing is likely to be held next month. Approximate cost of the project is Rs 1,750 crore.

Extracted from TNN, Apr 08,’16

 

Bodal Chemicals Hits 52-Week High On Environmental Clearance For Expansion Plans 


Bodal Chemicals has announced that it has received environmental clearance from Ministry of Environment, forest and climate,  New Delhi for the expansion of its dyes and intermediates manufacturing capacity (from 2,200 MTPM to 6,000 MTPM), and Co-generation power plant (5MW) project in Gujarat.

Extracted from BS, Apr 07,’16

 

Puma Opens Its Biggest Store In India at Delhi’s South Extension 


Puma, German sportswear goods maker, has launched its biggest store in India at Delhi's South Extension, spread across 4,800 sq ft over three floors. It has also plans to open at least two more Forever Fast stores, in Mumbai and Bengaluru.

Extracted from ET, Apr 07,’16

 

VITEK To Expand Into 20 Cities In India 


VITEK, a leading international home appliances brand, is planning to expand its business in 20 major cities across India. For which, it plans to spend approximately USD 10 million over the next 3 years in strengthening its marketing and distribution channels.

Extracted from BS, Apr 07,’16

 

36 CNG Stations Opened In NCR, Neighbouring Towns 


The Minister of State (Independent Charge) Petroleum and Natural Gas, Dharmendra Pradhan, has inaugurated about 36 new CNG stations in the NCR of Delhi in April ’16. Out of these, 30 stations have been installed by Indraprastha Gas Ltd at the retail outlets of oil marketing companies like Indian Oil, BPCL and HPCL. Three stations were by Haryana City Gas in Gurgaon, one by GAIL Gas in Sonepat and two stations by Adani Gas in Faridabad and Khurja (Bulandshahar).

Extracted from HBL, Apr 07,’16

 

Tata Steel Gets Forest Panel Nod For Odisha Mining Project 


Tata Steel has proposed expansion of its iron ore mine in dist. Keonjhar, Odisha. It has sought permission for diversion of 199.1 hectare of forest land, including 2.2 hectare for safety zone, for iron ore mining and allied activities in Katamani mines in Deojhar and Thakurani Reserved Forest, Keonjhar. Total cost of expansion of Katamani iron ore mine project is estimated at Rs 45 crore up to production level of 5 MTPA. The Centre's green panel has given clearance for the proposal.

Extracted from ET, Apr 07,’16

 

Parksons Packaging Files IEM For A Corrugated Paper Unit In Andhra Pradesh 


Parksons Packaging Limited has filed IEM for a corrugated paper and paper board containers unit in Chittoor, Andhra Pradesh.

 

Eaton Picks Pune To Set Up Global Innovation Centre 


Eaton, Power Management Company, is planning to establish a global innovation centre at Magarpatta City in Pune. Meanwhile, incubation centre of the EIIC is operational. 

Extracted from HBL, Apr 06,’16

 

 

Cadila Pharmaceuticals Files IEM For A Basic Drug Unit In Rajasthan 


Cadila Pharmaceuticals Limited has filed IEM for a tablet manufacturing unit in Udaipur, Rajashtan.

 

Tata Medical Centre Raising Funds For 2nd Phase Of Kolkata Hospital 


Tata Medical Centre’s two phase oncology care hospital at Rajarhat, Kolkata, is likely to be operational by mid-2017. The first phase of the hospital is been operational since 2011, was built at a cost of Rs.540 crore and has 183 beds and two linear accelerators. The second phase will have 250 beds to be built at Rs.200 crore. Nearly Rs.100 crore for constructing the second phase has already been raised. The remaining will be raised through various fundraising activities.

Extracted from HBL, Apr 06,’16

 

Work On Kribhco Fertilizer Factory To Begin Next Month 


Krishak Bharati Cooperative Ltd (Kribhco) will start work on its two phase fertilizer factory near Venkatachalam, Andhra Pradesh by May 2016. The investment in the first phase of development is expected to be around Rs. 600 crore.

Extracted from The Hindu, Apr 06,’16

 

Shyam Agro Products Files IEM For Food Flour Mill Unit In Uttar Pradesh 


Shyam Agro Products (A Unit of New Mount Trading & Invst-Co. Ltd) has filed IEM for a flour milling unit (Atta, Maida, Suji Rawa Bran) in Allahabad, Uttar Pradesh.

 

Stonex India Files IEM For A Building Product Unit In Rajashtan 


Stonex India Private Limited has filed IEM for a marble slabs unit in Ajmer, Rajasthan.

 

Gangwar Inaugurates 3 Mega Projects In Nagaland 


The Union Minister of State for Textiles, Santosh Kumar Gangwar, has inaugurated apparel and garment making centre in Dimapur, Muga P3 basic seed station Kobulong in dist. Mokokchung and newly approved integrated Eri Silk development project in Nagaland under North East Textile Promotion Scheme (NERTPS).

Extracted from BS, Apr 05,’16

 

Andhra Gets Proposals Worth Rs 3,500 Crore To Set Up Food Parks 


The Andhra Pradesh state government has received 65 proposals to set up mega-food parks in the state with a total investment of Rs.3500 crore. The state would also provide Rs 50 crore for each park as financial grant. Under the new food processing policy, the government envisages to set up one such mega-park (with at least 20 units) in each district.

Extracted from BS, Apr 05,’16

 

Jai Raj Ispat Files IEM For A Metallurgy Unit In South India 


Jai Raj Ispat Limited has filed IEM for a pig iron unit in Kurnool, Andhra Pradesh.

 

Kawasaki Showroom In Coimbatore 


India Kawasaki Motors has inaugurated a bike showroom on Avinashi Road, Coimbatore. It has also plans to open showrooms at Guntur and Goa soon.

Extracted from HBL, Apr 04,’16

 

Emkay Taps And Cutting Tools Files IEM For Tools Unit In Maharashtra 


Emkay Taps And Cutting Tools Limited has filed IEM for a cutting tools unit in Nagpur, Maharashtra.

 

Govt To Set Up 500 Centres To Train Drivers 


According to the Union Minister, Rajiv Pratap Rudy, the Union Skill Development & Entrepreneurship Ministry will set up 500 modern training centres in the next six months to address the shortage of drivers of heavy vehicles, light commercial vehicles in the country.

Extracted from BS, Apr 04,’16

 

J.K Investors (Bombay) Files IEM For A Spinning Unit In Western India 


J.K Investors (Bombay) Limited has filed IEM for a spinning unit in Amravati, Maharshtra.

 

World's Largest Oil Firm Aramco Plans To Invest In India 


Aramco, Saudi Oil giant and the world's largest oil firm with crude reserves of about 265 billion barrels, is planning to make major investment in India’s petroleum sector as it considers India the most preferred destination.

Extracted from ET, Apr 04,’16

 

Hyatt To Open 3 More Hotels In India 


Hyatt, an American hospitality chain, is planning to launch three more hotel properties in India. It will open Hyatt Place at Hyderabad, Rameswaram and Andaz at Delhi in current financial year. It has also plans to open Grand Hyatt at Kochi.

Extracted from HBL, Apr 02,’16

 

Kanohar Electrical Files IEM For A Switchgear Unit In UP 


Kanohar Electrical Limited has filed IEM for a gas insulated switchgear unit in Meerut, Uttar Pradesh.

 

Jakson Group Sets up 4-MW Grid-Linked Solar PV Plant 


Jakson Group has commissioned a 4 MW grid-connected solar photovoltaic plant at Bina Refinery for Bharat Petroleum Corporation Limited. Jakson will also provide operation and maintenance services for five years.

Extracted from ET, Apr 02,’16

 

Snacks Start-Up Harley Scouting For 100 Crore 


Harley Foods, snack food chips manufacturer, is planning to enter categories like juices, biscuits and chocolates in the near future. It plans to raise fund of Rs.60-100 crore and has approached PE firms for the same. The funds will be used to scale up its operations and build distribution network.

Extracted from HBL, Apr 01,’16

 

After Amritsar, DataWind Now Eyes Telangana For New Manufacturing Unit 


DataWind Inc.wil set up its second internet connectivity devices manufacturing unit in Telangana. The company has set up its first unit in Amristar.

Extracted from TNN, Apr 01,’16

 

SRF To Set Up Pilot Plant For Next-Gen Refrigerant Gas HFO 1234yf 


SRF Limited will set up a pilot plant to manufacture next generation refrigerant gas, HFO 1234yf. The in-house technology will allow SRF to manufacture, brand and sell HFO 1234yf in India and in global markets and also develop other HFO refrigerants in future.

Extracted from BS, Apr 01,’16

 

MJ Infrastructure Enters Kerala Market With Luxury Residential Projects 


MJ Infrastructure has launched three apartment projects in Kochi and one each in Thiruvananthapuram and Kottayam in Kerala. The construction of the Kochi project is almost over and will be ready for occupation in May-June. It plans to invest nearly Rs.1,000 crore in the state in next two years.

Extracted from HBL, Mar 31,’15

 

Renewsys India Files IEM For Solar PV Cells Unit In South India 


Renewsys India Private Limited has filed IEM for a solar PV cells unit in Rangareddy, Telangana.

 

Brigade To Build World Trade Centre In Chennai At Cost Of Over Rs 1,000 Crore 


Brigade Group, which holds licenses to build World Trade Centers in five southern cities, will build its third WTC after Bengaluru and Kochi in Chennai. The centre will come up at Perugudi with an investment of Rs.1000 crore. It holds licenses to build WTCs in Hyderabad and Thiruvananthapuram.

Extracted from ET, Mar 31,’16

 

NIIT Sets Up Digital Innovation Centre in Hyderabad 


NIIT Technologies Limited has set up a Digital Innovation Centre at Gachibowli, Hyderabad. The centre spread across 55,000 sq ft, will provide a global platform for research and technological development to tap new market opportunities for digital integration.

Extracted from BS, Mar 31,’16

 

Mangalam Industries Files IEM For Yarn Unit In Gujarat 


Mangalam Industries Private Limited has filed IEM for a texturised yarn manufacturing unit in Surat, Gujarat.

 

Biodiversity Park To Come Up At Riverfront 


The Sabarmati Riverfront Development Corporation Limited is planning a biodiversity park near Vasna barrage on the Sabarmati Riverfront on 10 acres of land. It will invite global tenders shortly for the same. Approximate cost of the project is around Rs.167 crore.

Extracted from TNN, Mar 27,’16

 

New KWA Treatment Plant At Aruvikkara 


Kerala Water Authority is planning a 45 MLD water treatment plant at Aruvikkara under the centrally sponsored AMRUT with an investment of Rs.45 crore. It had submitted a DPR to the Kerala Sustainable Urban Development Project, which is the implementing agency in the state for AMRUT. It has received in-principle agreement and is expecting administrative sanction for the project (from new government).

Extracted from The Hindu,Mar 27,’16

 

Aquapharm Chemicals Files IEM For A Chemical Unit In Western India 


Aquapharma Chemicals Private Limited has filed IEM for a specialty chemicals unit in Raigad ( Kulaba) in Maharashtra.

 

IDA To Build 1,000 Houses For Low Income Group In City 


Indore Development Authority will construct 1,000 houses for low income group in Indore, Madhya Pradesh. It has identified two locations one is near Rau and another near scheme 133. In Rau, it will build 700 units and 200 units are proposed to be constructed in scheme 133. The initial cost of the construction could be raised to Rs 38 crore and the decision on it would be taken during budget preparations of the IDA.

Extracted from TNN, Mar 26,’16

 

CIDCO To Provide 50 MLD Of Treated Water By 2017-End 


Cidco has plans to supply at least 50 MLD of treated water for non-potable use by the end of 2017 to Mumbai City. It has invited an EOI to design the infrastructure for pipeline supply and installation of tanker filling stations at the STPs. Once the design is finalized, tender will be floated, inviting agencies to execute the project. A rough budget of around Rs 50 crore has been allocated for design and laying pipelines to societies and public gardens.

Extracted from TNN, Mar 26,’16

 

Fourth Unit Of NTPC-Bihar Govt Owned 195-MW Plant Synchronised 


Kanti Bijlee Utpadan Nigam Ltd, a JV between NTPC and Bihar State Power Generation Company Ltd, through BHEL has synchronized the fourth unit of 195 MW Muzaffarpur Thermal Power Station in March 2016. The third unit of 195 MW was synchronised on March 31, 2015. First unit of 110 MW at MTPS started generation in November, 2013, while the second unit of 110 MW started generation in November, 2014.

Extracted from BS, Mar 25,’16

 

Pacific Cyber files IEM for a communication equipment unit in Daman & Diu 


Pacific Cyber Technology Private Limited has filed IEM for a cellular phones unit in Daman, Damn & Diu.

 

NTPC Invites Bids For Solar Project In AP 


NTPC Ltd has invited open tenders for 250 MW of solar photo voltaic power project for Kadapa Ultra Mega Solar Park coming up in Andhra Pradesh. The company is executing a 1000-MW solar PV park in Kadapa district and this offer is under National Solar Mission, Phase II, Batch II and Tranche I. The selection of the developer will be based on reverse auction where sellers bid for the prices at which they are willing to sell their goods and services.

Extracted from HBL, Mar 25,’16

 

Krishna Tissue Files IEM For A Paper Unit In West Bengal. 


Krishna Tissue Private Limited has filed IEM for a kraft paper unit in Burdwan, West Bengal.

 

Treatment Plant To Come Up Near Khadakwasla 


The Pune Municipal Corporation will install purification plants in and around Khadakwasla to improve the quality of water supplied to the city from the dam. The details about the locations, number of plants and their capacity will be provided in the DPR to be prepared by the administration. Once the report is submitted, the standing committee will give its suggestions and objections.

Extracted from TNN, Mar 25,’16

 

Sood Plastics Files IEM For Plastic Products Unit In Punjab 


Sood Plastics Private Limited has filed IEM for a plastic containers and plastic bottles unit in Patiala, Punjab.

 

4 Solar Plants On Greater Noida Industrial Development Authority Waste Lands 


The Greater Noida Industrial Development Authority will set up four solar plants of 1MW each on waste lands in the city. The land for four plants will be leased to private agencies in the first phase and four or five more solar plants will be set up in the next phase. The Authority has invited EOI to set up the plants. The setting up of one plant will cost the selected agency around Rs 5.5 crore. The agency will be allowed to sell the power to any discom.

Extracted from TNN, Mar 24,’16

 

Manufacturers To Set Up Collection Centres For E-Waste 


According to environment ministry's new rules, from now on, manufacturers of electrical and electronic items will have to set up "collection centres" to take back the e-waste generated through their products. Manufacturers will also have to ensure that the e-waste, including hazardous electronic parts, thus collected is properly recycled.

Extracted from BS, Mar 24,’16

 

PPPAC Clears Rs. 5,706 Cr Worth Of Projects 


According to the Union Finance Ministry, the Public Private Project Appraisal Committee (PPPAC) has cleared four national highway projects with an estimated project cost of Rs. 5,706.63 crore. The projects include one each in Maharashtra and Punjab and two in Bihar.

Extracted from HBL, Mar 23,’16

 

330 Godowns To Be Constructed In Telangana 


According to The Telangana Marketing Minister, T Harish Rao, the state government has sanctioned 330 godowns with a capacity of 17.075 lakh metric tonnes with financial assistance from NABARD.  In the first phase, 128 godowns with a storage capacity of 6.85 lakh metric tonnes and 202 godowns in the second phase would be constructed.

Extracted from NIE, Mar 23,’16

 

IIP Draws Up Rs.20 Crore Plan To Set Up Testing Labs 


Indian Institute of Packaging is planning a laboratory to carry out physical, chemical and transport worthiness tests of packaging materials used for exporting hazardous goods at Perungudi, Chennai. It will construct a five-storey building, spread over 50,000 sq.mts, in three phases. In the first phase, it will invest Rs.3 crore to construct FIBC lab which would become operational by June.

Extracted from The Hindu, Mar 23,’16

 

H&M To Open Two Stores In Mumbai This Autumn 


H&M, Swedish international retailer, will open stores this autumn at High Street Phoenix, Lower Parel (30,000 sq.ft), and Phoenix Marketcity, Kurla (37,000 sq.ft) in Mumbai. These stores will offer apparels for men, women, teenagers and children. In 2016, it has plans to open stores in Delhi, NCR, Bangalore, Mumbai and Mohali. 

Extracted from ET, Mar 23,’16

 

Lalitha Industries Files IEM For Maida Unit In South India 


Lalitha Industries And Enterprises Private Limited has filed IEM for a maida unit in East Godavari, Andhra Pradesh.

 

BPCL Plans To Spend Rs 10,000 Crore To Boost Its Refining Capacity 


Bharat Petroleum Corporation is planning to spend about Rs 10,000 crore in 2016-17 to expand and upgrade its refining capacity and augment its marketing infrastructure. An expansion underway at Kochi refinery will take about 40% of the BPCL's planned capex for 2016-17. The refinery is adding 6 MTPA to the existing capacity of 9.5 MTPA. BPCL's total capacity is about 27.5 million tonne.

Extracted from ET, Mar 23,’16

 

Perfect Writing Instruments Files IEM For A Writing Component Unit In Assam 


Perfect Writing Instruments Private Limited has filed IEM for abaal point pen tips manufacturing unit in Kamrup, Assam.

 

 

Triumph Motorcycles To Open Three Dealerships By December 


Triumph Motorcycles India is planning to expand its dealership network by opening three dealerships each at Vijayawada, Goa and Lucknow taking the total dealerships from currently 12 to 15 by December this year. It has presence across major cities in India including Delhi, Mumbai, Pune, Chandigarh, Jaipur, Indore, Ahmedabad, Kolkata, Bangalore, Chennai, Hyderabad and Kochi. 

Extracted from HBL, Mar 22,’16

 

Rajapalyam Mills Limited Files IEM For A Textiles Unit In Tamil Nadu 


Rajapalyam Mills Limited has filed IEM for a cotton yarn unit in Virudhunagar, Tamil Nadu.

 

Blue Star facility At Sri City By 2018 


Blue Star Limited will set up new unit at Sri City, Andhra Pradesh and Jammu on 20 and 24 acres respectively. It plans to commission the Sri City unit by the end of 2017 or early 2018. However, it is expecting a clear picture on Jammu facility by April 15,’16. It will start work at SriCity based on the Jammu unit report.

Extracted from The Hindu, Mar 22,’16

 

ASM Shoes Files IEM For A Footwear Unit In North India 


ASM Shoes LLP has filed IEM for shoes manufacturing unit in Jhajjar, Haryana.

 

KMCH Opens New Branch 


The Kovai Medical Centre and Hospital (KMCH) has opened a new branch called KMCH city center on Vivekananda Road at Ram Nagar, Coimbatore. The hospital has been equipped with a modern cath lab and full-fledged cardiology department. It also has other specialty departments like ENT, general medicine, diabetology, dentistry, general surgery and pediatrics. It has been built at a cost of Rs.25 crore.

Extracted from TNN, Mar 22,’16

 

BHEL Commissions Second 270 MW Thermal Unit In Punjab 


BHEL has commissioned the second 270 MW coal based thermal power project of GVK Power and Infra Limited at Goindwal Sahib City in dist.Tarn Taran near Amritsar, Punjab. It has commissioned the first unit of the 270 MW last month.

Extracted from ET, Mar 21,’16

 

 

Sembcorp, Gayatri Looks To Double Andhra Power Plant Capacity 


Sembcorp Gayatri Power Complex, which houses 2,640 MW thermal projects in Krishnapatnam , Andhra Pradesh is planning to double its capacity at an investment of up to Rs 12,000 crore in the next five years. Land is available and is waiting for some clarity on issues such as coal bidding and Power Purchase Agreements.

Extracted from ET, Mar 21,’16

 

Velankani Electronics Files IEM For Set Top Box Unit In Karnataka 


Velankani Electronics Private Limited has filed IEM for a set top box unit in Bangalore (Urban), Karnataka.

 

Odisha Clears Rs 47,569 Cr Investments In FY16 


Aiming to re-position itself as an investor friendly state, Odisha approved investment proposals of the order of Rs 47,569.41 crore. The nod was given to 35 proposals spanning a cross section of industries like power, aluminium, steel, cement, food processing, textiles, plastics, healthcare, paper, logistics and LPG bottling.

Extracted from BS, Mar 19,’16

 

Golden India Exportrade Files IEM For FMCG Unit In North India 


Golden India Exportrade Private Limited has filed IEM for cookies and rusk manufacturing unit in Muradabad, Uttar Pradesh.

 

Apple Plans Fifth Avenue-Like Store In India, To Set Up Smaller Outlets In The Country 


The Apple, IPhone maker, is planning a flagship Apple Store in India. (This would be like Fifth Avenue in New York.) Leading real estate brokerage companies are already scouting for 15,000-20,000 square feet on high streets and in malls, prompting rival Samsung Electronics to look for space to set up a similar flagship outlet. 

Extracted from ET, Mar 21,’16

 

Indian Oil Corp Inks Pact With 3M For Auto Care Centres 


Indian Oil Corporation Limited has signed an agreement with 3M India Ltd for setting up 3M auto care centres at Indian Oil retail outlets across India. The auto care centres will be operated by the franchisee appointed by 3M India Ltd, which plans to establish 25 such centres during 2016-17 on pan India basis.

Extracted from BS, Mar 19,’16

 

Infibeam Inc To Set Up Data Centre At Gandhinagar 


Infibeam Inc Ltd is planning to set up tier-III cloud data centre at GIFT city, Gandhinagar. The centre would offer increased efficiency and adaptability in search process ensuring faster and user-friendly interface and deliver effective, customized, personalized and more relevant search results for customers and merchants.  Approximate cost of the project is around Rs.350 crore.

Extracted from ET, Mar 18,’16

 

 

Gujarat To Set Up MRO Facility At Ankleshwar 


The Gujarat State Aviation Infrastructure Company Limited has proposed to set up an MRO facility at Ankleshwar, with an initial budgetary allocation of Rs. 20 crore. It would also establish an Airborne Law Enforcement division for policing activities.

Extracted from The Hindu, Mar 18,’16

 

Sri Chaitanya Educational Institutions Has Launched Three New Campuses In Pune 


Sri Chaitanya Educational Institutions in association with M. Prakash Academy has launched three campuses in Pune offering courses such as first year junior college in science as well as coaching for JEE (Main and Advance), engineering and medical common entrance test, Olympiads among other competitive exams.

Extracted from TNN, Mar 17,’16

 

Stage Set For Mega Solar Park In Rewa 


The Madhya Pradesh state government invites tender for 750 MW solar park at Rewa. The state government-owned Madhya Pradesh Urja Vikas Nigam Ltd has tied with the Solar Energy Corporation of India to form an equal venture Rewa Ultra Mega Solar Ltd, which will be the implementing agency for the project. The World Bank-supported project will be split into three units of grid-mounted solar photovoltaic power plants of 250 MW each. The solar park will be coming up on 1,550 hectares of land.

Extracted from BS, Mar 17,’16

 

NAFED Expands Its Onion Storage Capacity 


The National Agricultural Co-operative Marketing Federation of India Ltd has increased storage capacity of Laslagaon godown from 1,500 metric tonnes to 2,500 metric tonnes, while the storage capacity of Pimpalgaon godown has been increased from 1,000 metric tonnes to 1,500 metric tonnes under the Price Stability Funds.

Extracted from TNN, Mar 17,’16

 

Delhi: DDA To Create Bio-Diversity Park At Tughlakabad 


The Delhi Development Authority has prepared an action plan to develop biodiversity parks near Kalkaji Extension on 130 acres of DDA land and also near Tughlakabad fort on 200 acres of land.

Extracted from HT, Mar 16,’16

 

Vardhan Agro Files IEM For a Power Plant IN Maharashtra 


Vardhan Agro Processin Limited has filed IEM for a bagasse based power plant in Satara, Maharashtra.

 

 

Mahindra Lifespace Arm To Develop 300-Acre Industrial Park In Gujarat 


Mahindra World City Developers, an arm of Mahindra Lifespace Developers, is planning to build a 300-acre industrial park in Gujarat and has got all the government approvals for it. The project will majorly be a manufacturing hub; there will be homes for medium and junior management workers as well. The company did not specify the exact location of the project.

Extracted from ET, Mar 14,’16

 

Paras Healthcare Launches Paras Bliss, Mother & Child Care Hospital In Panchkula 


Paras Healthcare Group announced the launch of 50 beds mother and child care “Paras Bliss Hospital” in Panchkula, Haryana. It will have personal birthing consultants, post delivery weight management, special focus on women & adolescent health, lactation counseling and massage treatment amongst others.

Extracted from FE, Mar 14,’16

 

Kanpur Metro DPR Approved By UP Cabinet; Policies For Old People 


The Uttar Pradesh state government has approved the DPR of the 32 km-long Kanpur Metro project. It also gave nod to a slew of policies for senior citizens and free-of-cost dialysis facilities for the poor at 18 divisional headquarters of the state. The Kanpur Metro project, as on August 2015, is estimated to cost Rs 13,721 crore and two corridors have been proposed in it spanning 31 stations.

Extracted from ET, Mar 14,’16

 

TTP Technologies Files IEM For Radiator Manufacturing Unit In Karnataka 


TTP Technologies Private Limited has filed IEM for a radiator (For Transformers) unit in Tumkur, Karnataka.

 

RIL arm To Invest Rs 1,300 Crore in Haryana for Electronics Hub 


Reliance Industries' wholly-owned arm Model Economic Township Ltd will develop an electronics manufacturing hub and footwear park at Jhajjar, Haryana on 450 and 500-acres respectively. The project cost for electronic manufacturing cluster would be Rs 500 crore and for footwear park Rs 800 crore.

Extracted from ET, Mar 13,’16

 

Solar Capacity Addition To Touch 5700 MW In FY17: Report 


According to rating agency, Icra, 5,700 MW of solar capacity is expected to be added during 2016-17, even as concerns over aggressive bidding and regulatory challenges persist. The capacity addition, including PV and grid connected projects, in 2015-16 is expected to touch 2,700 MW, which will increase to up to 5,700 MW next fiscal.

Extracted from BS, Mar 13,’16

 

Pharmaceutical Sector Posts 12% Growth In Feb: Report 


According to Religare Institutional Research, The Indian Pharmaceutical Market has reported moderate revenue growth of 12 per cent y-o-y in February 2016 as against 18.9 per cent in February 2015. The report said that the anti-diabetic, cardiac, derma and gastrointestinal segments outperformed IPM growth by 4-6 per cent. The respiratory and anti-infective segments were laggards.

Extracted from HBL, Mar 13,’16

 

King's College Hospital To Set Up World-Class Hospital In Andhra Pradesh 


King's College Hospital, one of the UK's largest teaching hospitals, will soon set up a 1,000-bed world-class medical facility at Amaravati in Andhra Pradesh. It has also plans to set up 11 hospitals in different parts of India. It will manufacture equipment necessary for the hospitals in India itself.

Extracted from ET, Mar 13,’16

 

BBF Industries Files IEM For Replant Coils Unit in Punjab 


BBF Industries Limited has filed IEM for a mosquito replant coils unit in Ludhiana, Punjab.

 

Akshamaala Looks To Open 1,000 Agri-Clinic In 15 Months 


Akshamaala, an Agri services firm, is planning to establish 1,000 agri-clinics in the next 15 months and provide various services to about six lakh farmers. The company will invest about Rs 1 crore on establishing these clinics.

Extracted from BS, Mar 11,’16

 

Chemfield Cellulose Files IEM For Cellulose Powder Unit In Maharashtra 


Chemfield Cellulose Private Limited has filed IEM for a micro crystalline cellulose powder unit in Nagpur, Maharashtra.

 

 

H&M To Open First Store In Bengaluru On March 25 


H&M, the Swedish retailer, will open its first store at VR Bengaluru in Mar,’ 16. Spread over 2 floors with more than 30,000 square feet, will offer a wide variety of the latest fashion trends and timeless basics at affordable prices. It has also plans to open stores in Mohali, Noida and Mumbai this year.

Extracted from ET, Mar 10,’16

 

Lenskart To Invest Rs 300 cr To Become Biggest Eyewear Player 


Lenskart, which makes more than 5,000 spectacles a day, plans to raise it to 30,000 over the next two years. It has also plans to increase its store count to 1000 from its current 150. It plans to invest around Rs.300 crore over the next few years.
Extracted from BS, Mar 09,’16

 

Lister Metropolis Opens Lab In Coimbatore 


Lister Metropolis has opened a 1,500 sq ft new laboratory in Coimbatore, Tamil Nadu. The lab is equipped to conduct more than 300 tests each day. Newer tests and technologies will be introduced on a regular basis.

Extracted from HBL, Mar 09,’16

 

Pradeshik Cooperative Files IEM For A Pasteurized Milk Unit In UP 


Pradeshik Cooperative Dairy Federation has filed IEM for a pasteurized milk unit manufacturing unit in Lucknow, Uttar Pradesh.

 

Patanjali To Set Up Healthcare Unit, Varsity In Haryana For 5k Crore 


Patanjali group has announced that it would set up a world-class university in Haryana and a healthcare centre with an investment of Rs 5,000 crore.

Extracted from TNN, Mar 09,’16

 

VPT Mulls Setting Up Of Dry Ports In Telangana, Chhattisgarh, Odisha 


Visakhapatnam Port Trust is planning an Inland Container Depots in Telangana, Chhattisgarh and Odisha to transform the premier port under the Central Government into a container hub. It plans to acquire around 200 to 400 acres each in the mentioned locations for the same. DPRs will be submitted to each state in Mar’16.

Extracted from The Hindu, Mar 08,’16

 

Textile Firm Filatex Begins Commercial Production At Dahej Plant 


Filatex India has commenced commercial production of its 100 million tonnes per day of polyester fully drawn yarns at its existing unit at Dahej in March 2016. Approximate cost of the project is around Rs.100 crore. It is also in process of installing about 40 texturising machines at the plant.

Extracted from ET, Mar 07,’16

 

Parle To Set Up Manufacturing Facility In Uttarakhand 


Parle has decided to set up a new manufacturing facility at Sitarganj integrated industrial estate (IIE) in Uttarakhand on 10 acres of land.  It would start the construction work shortly. Approximate cost of the project is around Rs.200 crore.

Extracted from BS, Mar 07,’16

 

Adani Group Starts Transmitting To Grid 


Adani Green Energy (Tamil Nadu) Limited, which is setting up a 648 MW solar power plant on an outlay of Rs. 4,536 crore at Sengapadai in Kamudhi taluck in dist. Ramanathapuram, has begun generating power in one of the three 72 MW units and commenced power transmission to the grid.

Extracted from The Hindu, Mar 05,’16

 

China's BYD Considers $2 Billion Facility For Batteries In India With BK Modi's Spice Group 


BYD, Chinese electric auto maker, in partnership with BK Modi's Smart group, is planning a battery manufacturing unit in India. It plans to invest around $2 billion.

Extracted from TNN, Mar 04,’16

 

Shriram Life Keen To Expand In North: MD 


Shriram Life Insurance Company, the private sector life insurer, is planning to open 35 new branches in North India and also plans to open 40 such branches in East India in the first half of 2016-17. As of now, it has 533 branches across India.

Extracted from HBL, Mar 04,’16

 

WRs First Water-Recycling Plant Will Come Up At Bandra Terminus By 2018 


Western Railway will get 10 lakh litres of water per day water-recycling plant at Bandra Terminus. The plant will come up at a cost of Rs 5.6 crore and is expected to come up by March 2018.

Extracted from TNN, Mar 04,’16

 

 

Odisha Plans Textile Park In Bhadrak District 


The Odisha Industrial Infrastructure Development Corporation is planning an integrated textile park in dist. Bhadra on 112 acres of land with an investment of Rs 70 crore. The park is expected to house about 22 apparel manufacturing units. The project cost under the scheme will be funded through a mix of equity or grant from the ministry.

Extracted from BS, Mar 04,’16

 

Karnataka Fisheries Plans Outlet Expansion 


Karnataka Fisheries Development Corporation is planning to open around 10 fish marketing outlets in the Hyderabad-Karnataka region the next two years. It has set up 21 fish marketing outlets in 17 towns in the last eight years. Another 15 outlets are planned in Karnataka.

Extracted from HBL, Mar 04,’16

 

Amazon To Set Up Its Second Largest Global Delivery Centre In Hyderabad 


Amazon has decided to set up its second largest global delivery centre outside the US in Hyderabad, India. The Telangana state government has allotted a 10-acre land to Amazon where it proposes to build 2.9 million square feet development centre to house a 13,500 member strong team.

Extracted from ET, Mar 03,’16

 

Kent RO Systems To Open Rs. 100 Cr Facility In Noida 


Kent RO Systems, a manufacturer of water purifier systems, is setting up its second manufacturing facility in Noida at an investment of Rs.100 crore. The plant will go operational in the first half of 2017.

Extracted from HBL, Mar 03,’16

 

Aditya Birla’s abof To Set up Experience Zone in Bengaluru 


Aditya Birla group’s abof.com, online destination for fashion shopping, news and trend watching, has launched its first ‘abof experience zone in Mantri Mall, Bengaluru.

Extracted from HBL, Mar 02,’16

 

Kerala Govt Joins BPCL To Set Up Skill Development Institute 


The Kerala state government joined hands with Bharat Petroleum Corporation Limited to set up a skill development institute at Ettumanoor in dist. Kottayam of Kerala. This institute will focus on the hydrocarbon sector and overseas placements.

Extracted from BS, Mar 02,’16

 

Rungta Rayon Tex files IEM for a textile unit in Dadra & Nagar Haveli 


Rungta Rayon Tex Private Limited has filed IEM for woven fabrics unit in Silvassa, Dadra & Nagar Haveli.

 

State Nod To Krishnapatnam Port For Gas Facility 


The AP government has given in-principle approval to Krishnapatnam Port Company Limited (KPCL) to set up a floating storage and regasification terminal on BOST basis. It will be set up by Malaysian firm Isomeric Holdings Sdn Bhd and LEPL Ventures Private Limited consortium. The project is expected to involve foreign direct investment of about USD 2 billion. It will be ready in about 18 months.

Extracted from TNN, Mar 02,’16

 

Steps To Set Up Health-Care Complex In Wayanad To Be Expedited 


The Wayanad district administration has expedited measures to set up the proposed health-care complex under the Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST) in the district.The district collector had directed the Mananthavady tahsildar to acquire 50 acres of land of Glen Level Estate at Thalapuzha, near Mananthavady, for the purpose.

Extracted from The Hindu,’ Mar 02,’16

 

HUDA Plans To Construct STP Adjacent To Najafgarh Drain 


Huda is planning to construct a STP adjacent to Najafgarh drain in Haryana. The STP will have 350 MLD pumping station and also it will have 50 MLD territory treatment plant- from where treated water will be supplied to houses for cleaning, gardening and flushing. It plans to commission before March 2017.

Extracted from TNN, Feb 29,’16

 

Nadi Airtechnics Files IEM For An Engineering Product Unit In Tamil Nadu 


Nadi Airtechnics Private Limited has filed IEM for an industrial fans and blowers unit in Thiruvallur, Tamil Nadu.

 

Fertilizer Project For North Karnataka 


The Union Government has proposed to establish a 13 lakh tonnes fertilizer project in North Karnataka with an investment of Rs.5500 crore. The centre requested the state government to provide 500 acres of land to establish the unit. The project will be commissioned within three years once the government handed over required land.

Extracted from The Hindu, Feb 27,’16

 

Work Begins On Emami Cement Plant In Bengal 


Emami Cement Ltd is setting up a 2 million tonnes a year cement unit at Panagarh in dist.Burdwan, West Bengal on 65 acres of land. Apart from a grinding unit, it will also have a 10 MW coal-fired power plant. Estimated cost of the project is around Rs.500 crore.

Extracted from HBL, Feb 26,’16

 

Sreenidhi Spintex Files IEM For A Textile Project In Telangana 


Sreenidhi Spintex Private Limited has filed IEM for a cotton yarn project in Mahbubnagar, Telangana.

 

Prince Jewellery On Expansion Mode 


Prince Jewellery has launched its third store in Chennai. It has also plans to open stores in Coimbatore & Tiruchi in Tamil Nadu. Further, the company is also planning to open stores in Andhra Pradesh, Karnataka and Telangana by the end of the year. Each store will involve an investment of Rs.35 crore.

Extracted from HBL, Feb 26,’16

 

Foundation Stone Laid For Malabar Group's Rs 2,000 Crore Project In Thrissur 


Malabar Group, which owns flagship Malabar Jewellery, is setting up an integrated township at Thrissur, Kerala with an investment of Rs.2000 crore. The project, spread over 5 million sq ft, will have an information technology hub, a commercial business cluster, a large convention facility, residential apartments, shopping mall and entertainment centre.

Extracted from ET, Feb 26,’16

 

Somany Ceramics Invests Rs 80 Cr In Bahadurgarh Facility To Expand Capacity 


Somany Ceramics is set to expand its tiles manufacturing capacity to 50,000 sqm from its current 38,000 sqm a day at its Bahadurgarh unit in Haryana. The plant is set to start production in April-2016. The company has invested around Rs.80 crore for the project.

Extracted from ET, Feb 25,'16

 

Musaddilal Holdings Files IEM For A Warehousing Unit In A P 


Musaddilal Holdings Private Limited files IEM for storage & warehousing unit in Ashoknagar, Andhra Pradesh.

 

 

Coal India To Increase Coal Production To 1,000 Mn Tonnes In 4 Years 


According to the Union Coal Minister, Piyush Goyal, the government is working to increase coal production by Coal India Ltd to 1,000 million tonne in the next four years through the use of latest environment-friendly technology. The roadmap prepared by CIL to increase the production has been put in public domain.

Extracted from BS, Feb 25 2016

 

Global Nanotech Files IEM For An Ink Unit In Western India 


Global Nanotech Private Limited has filed IEM for ink (used for printing) manufacturing unit in Ahmedabad, Gujarat.

 

Govt Plans To Set Up 12 More CIPET Centres In 3 Yrs 


The union government is planning to set up 12 more Central Institute of Plastics Engineering and Technology centres at different locations in India. These centres will be established in the next three years with the investment of Rs.80 crore each.

Extracted from BS, Feb 24,’16

 

Bovonto’s Owner Chalks Out Plan For Rs.1,000 Cr Revenue 


Kali Aerated Water Works, owns soft drink brands such as Kalimark and Bovonto, is planning a greenfield manufacturing unit at Sri City near Chennai at an investment of Rs.150 crore. The plant will start operation by April 2017.

Extracted from The Hindu, Feb 24,’16

 

Havells Open To Set Up Production Facility In Gujarat 


Havells India Limited is planning an electronics manufacturing unit in Gujarat. But the project is in very nascent stage. Besides, the company is in a process to set up production unit in Bangalore on a 50 acre plot.

Extracted from BS, Feb 23,’16

 

Ramdev's Patanjali To Set Up Four Units In Vidarbha 


Patanjali Yogpeeth, promoted by Yoga guru Baba Ramdev, will set up industrial units at Multi-modal International Cargo Hub and Airport at Nagpur (Mihan), Amravati and Katol, besides in Gadchiroli of Maharashtra.

Extracted from ET, Feb 23,’16

 

Multipurpose Garbage Processing Plant Inaugurated 


The Pune Municipal Corporation has started multipurpose garbage processing plant in the Koregaon park areas. The plant titled 'Avani Navanirmiti Kendra' will dispose different types of garbage under one roof. It has two big processing units with capacity of 6 tonne each.

Extracted from TNN Feb 23,’16

 

Denim Brand G-Star Raw To Open 5 Outlets This Year 


G-Star Raw, Dutch denim brand, which entered the Indian market last year in partnership with Genesis Luxury, will open stores in Delhi & NCR, Pune, Chennai, and Bengaluru by end of this year. The brand currently has one store at Palladium Mall in Mumbai. The company did not disclose any financial details.

Extracted from ET, Feb 22,’16

 

Fishmeal Plant To Be Opened Today 


The Kerala Fisheries Minister K. Babu will inaugurate Matsyafed’s 80 tonnes per day fishmeal plant and the aqua tourism centre in Palaikkari near Vaikom in Feb’16.The tourism centre has been developed with the Rs.3.5 crore assistance from the Tourism Department.

Extracted from The Hindu, Feb 21,’16

 

Amitara Industries Files IEM For A Textile Unit In Gujarat 


Amitara Industries Limited has filed IEM for a spinning (Open End) unit in Kheda, Gujarat.

 

RCF Likely To Get PIB Clearance For Rs 5,500 Crore Urea Plant 


Rashtriya Chemicals and Fertilisers is planning a 1.27 million tonnes per annum ammonia-urea plant at its current manufacturing facility at Thal in Maharashtra with an estimated investment of Rs 5,500 crore. It is likely to get clearance from the Public Investment Board. Meanwhile, the tender for the plant's engineering and construction has been awarded to a consortium of Technip and L&T.

Extracted from ET, Feb 21,’16

 

Gap Enters Mumbai, To Have 8 Stores In India By This Fiscal 


Gap, the US apparel brand, will open its eight stores in India by the end of this financial year as it enters the Mumbai market with the launch of two stores in Feb’16. It will add two more stores in Delhi and Bengaluru in Feb’16. Arvind Lifestyle Brands, a subsidiary of Arvind Ltd, is the Indian franchisee partner of Gap.

Extracted from FE, Feb 20,’16

 

Sonai Cattle Feed Files IEM For Feed Unit In Maharashtra 


Sonai Cattle Feed Private Limited has filed IEM for a cattle feed unit in Pune, Maharashtra.

 

Heavy Equipment Market To Double To $4 Bn In 3 Yrs: Caterpillar 


According to the US-based Caterpillar, India's heavy equipment market to double to over USD 4 billion over the next three years given the pick-up in mining, but ruled out capital investment as it already has built enough capacity for the next decade. Moreover, it is about to commission USD 150 million unit in Aurangabad shortly.

 Extracted from ET, Feb 19,’16

 

 

Government To Build 15 Coal Washries; To Be Operational By September 2017 


The Union Coal Ministry it will establish 15 coal washeries in the country. These washeries will be built in two phases on Build-own -Maintain and EPC contract on turnkey basis and would be operational by September 2017.

Extracted from ET, Feb 19,’16

 

In Principle Approval For Equity Participation In Joint Venture For Revival Of Sindri Unit Of Fertilizer Corporation Of India 


National Fertilizers Ltd has informed that Government of India has decided to revive Sindri Unit of Fertilizer Corporation of India (FCIL) by investing the proceeds of sale of part of its land to Jharia Rehabilitation Development Authority (JHReDA), Jharkhand by forming Joint Venture with other PSUs having relevant experience.

Extracted from HBL, Feb 19,’16

 

Telangana Govt Sets Up IT Incubation Centre In Warangal 


The Telangana state government has opened an IT Incubation centre in Warangal. The two-acre incubation centre has a built-up area of 15,000 square feet with a capacity of 45 workspaces. It will help start-ups, micro, small and medium IT companies to operate in a plug-and-play environment.

Extracted from BS, Feb 19,’16

 

Medak Solar Projects Files IEM For Solar Power Plant in South India 


Medak Solar Projects Private Limited has filed IEM for a solar power plant in Medak, Telangana.

 

 

Cyient To Set Up Tech Development Centre In Warangal 


Cyient Limited is setting up a technology development centre at the Madikonda special economic zone in Warangal. Set on a five-acre campus, the planned facility will cover an area of 70,000 sq ft, it will commence operations in April 2016.

Extracted from BS 18 Feb, 2016

 

Quitiles Research India Files IEM For Data Processing Unit In Western India 


Quitiles Research India Private Limited has filed IEM for a data processing unit in Thane, Maharashtra.

 

AP To Be Developed As Electronics Hub, Says Ravi Shankar Prasad 


The Union Minister for Communication and Information Technology, Ravi Shankar Prasad, has said that Andhra Pradesh would be developed as a major electronics hub, as four electronics clusters have already been sanctioned for the state, and the fifth one is in process.

Extracted from BS, Feb 18,’16

 

BHEL Commissions 270 MW Unit Of GVK Power Plant In Punjab 


BHEL has commissioned GVK Power & Infra Ltd’s 270 MW coal-based power generation unit at Goindwal Sahib Thermal Power Project (Part of 540 MW :2x270 MW) in Tarn Taran district of Punjab. The second unit of the same project is also expected to be commissioned shortly.

Extracted from ET, Feb 18,’16

 

Britannia To Invest Rs 900 Crore On New Greenfield Plants, Innovation 


Britannia is setting up biscuits, cake, rusk and dairy unit and also research and development facilities over the next two years In India with an investment of Rs.900 crore. Besides new plants in Tamil Nadu and Karnataka, it plans to set up new manufacturing units in Guwahati, Andhra Pradesh and Maharashtra. For exports, it is looking to set up a site in Gujarat.

Extracted from ET, Feb 18,’16

 

 

Honda Starts World's Largest Scooter Plant In Gujarat 


Honda Motorcycle and Scooter India (HMSI) has started its fourth plant at Vithalapur in Gujarat. The plant spread across 250 acres; comes up in just 13 months with an investment of nearly Rs 1,100 crore. The plant would produce around 600,000 scooters per annum which would be scaled up to 1.2 million scooters per annum by mid 2016.

Extracted from BS, Feb 17,’16

 

Gajanan Oil Files IEM For Soyabean Oil Unit In Maharashtra 


Gajanan Oil Private Limited has filed IEM for a soyabean crude oil unit in Amravati, Maharashtra.

 

KTDC To Open Hospitality Institute At Neyyar Dam 


Kerala State Tourism Development Corporation (KTDC) is planning to set up a hospitality management institute at Neyyar Dam near Agasthya House, near the boat-landing area. The institute would offer degree courses and the University of Kerala had been approached for registration and other formalities.

Extracted from The Hindu, Feb 17,’16

 

BPCL Pipeline Project Gets Green Nod 


The Bharat Petroleum Corporation’s Kochi refinery has received environmental clearance for its heat-traced pipeline project. This is a part of the Rs.20,000-crore integrated refinery expansion and upgradation project which is currently under way.

Extracted from The Hindu, Feb 17,’16
 

 

TN To Have One More Manufacturing Zone 


According to the Tamil Nadu state Finance Minister, Panneerselvam, The Centre has granted in-principle approval to establish a National Investment and Manufacturing Zone in the southern part of Tamil Nadu. Further, A Heavy Engineering Components Manufacturing Hub at a cost of Rs.700 crore and a Polymer Industries Park at cost of Rs. 264 crore at Ponneri in Thiruvallur district have also been sanctioned.

Extracted from HBL, Feb 16,’16

 

5 Multi-Modal Logistics Parks To Come Up Along DFC 


Dedicated Freight Corridor Corporation will set up multi-modal logistic parks in Gujarat, Punjab, Rajasthan, Uttar Pradesh and Maharashtra at an estimated cost of Rs 5000 crore. Each park requires about 300 acres to 500 acres of land and Rs 1000 crore for the development. It is in the process of acquiring land.

Extracted from ET, Feb 16,’16

 

Prestige In Joint Development For Pune IT park 


Prestige group is in final talks to sign a joint development with a local builder to set up an 800,000 sq ft IT park on the six acre land parcel in Pune owned by BU Bhandary Builders. Prestige will spend Rs. 240 crore for building the project.

Extracted from BS, Feb 15,’16

 

Harley-Davidson Expands Dealership In Coimbatore 


Harley-Davidson India has opened its dealership outlet at Avinashi Road, Coimbatore, Tamil Nadu on 8,000 sq ft area. This is Harley-Davidson’s 21st dealership and second in Tamil Nadu. The facility will offer all the 13 motorcycles (by Harley-Davidson India) including the recently launched Sportster 1200 Custom.

Extracted from HBL, Feb 15,’16

 

Labour Ministry To Set Up 100-Bed ESIC Hospital In Tamil Nadu 


According to the union labour minister, Bandaru Dattatreya, the ministry is planning to set up a 100 bed ESIC Hospital in Sriperumbudur and also to upgrade the ESIC dispensaries to 30 beds hospitals located at Dindigul, Ranipet, Ambur, Tambaram, Kovilpatti, Rajapalayam and Virudhanagar in Tamil Nadu.

Extracted from BS, Feb 15,’16

 

China’s Sany Group To Invest $ 4 Billion In India; Aims Top Spot In Construction Gear Market 


Sany group, a Chinese heavy equipment manufacturer, is planning $ 1 billion investment to set up an equipment manufacturing unit and another $ 3 billion on wind energy projects in India. The company has already set up a $ 100 million unit in Pune to manufacture heavy equipment.

Extracted from ET, Feb 14,’16

 

Mahagenco Plans 3,000MW Power Plant In Gondia Dist 


Mahagenco is planning a 3,000MW power plant in dist. Gondia, Maharashtra. In the first phase, 2,000MW capacity will be created and the remaining 1,000MW will be built in the second phase. Currently, it is scouting for the land.

Extracted from TNN, Feb 14,’16

 

 

Government Signs MoU To Set Up Medical Park In Vizag 


The AP State government has signed a MoU with the Association of Indian Medical Device Industry (AIMED) for setting up a medical technology park in Visakhapatnam. Foundation stone for the park would be laid on April 7.

Extracted from NIE, Feb 14,’16

 

Odisha Garners Rs. 40,000 Cr Investments At Make In India Event 


The Odisha state has bagged around Rs. 40,000 crore of investments at the Government's flagship Make in India event in Mumbai. Among them, the notable investments are from L&T’s Rs. 12,000 crore to set up an integrated alumina plant in dist. Rayagada, ITC’s Rs. 800 crore for a food processing plant and Rs. 20,550 crore by NALCO for expanding their plant at Damanjodi and setting up an Aluminium Park at Angul. The Odisha government has envisaged a plan to attract investments worth Rs. 2.25 lakh crore by 2020.

Extracted from HBL, Feb 14,’16

 

First Industrial Park In PPP Mode In Ernakulam 


The Kerala State Small Industries Association (KSSIA) has passed the papers for Kalamassery industrial park. (PPP model). The Kerala state government has allotted Rs. 2 crore apart for a new scheme for developing industrial parks in PPP mode. Land has been identified for similar such parks in Thrissur, Thiruvananthapuram, Kannur, Kozhikode and Kasaragod.

Extracted from The Hindu, Feb 13,’16

 

Adiya Birla Fashion And Retail Files IEM For A Textile Unit In Karnataka 


Adiya Birla Fashion and Retail Limited has filed IEM for a readymade garments unit in Banglore (Urban), Karnataka.

 

Colour Creation Files IEM For Textile Unit In North India 


Colour Creation Private Limited has filed IEM for cotton and cotton blended yarn and fabrics unit in Rewari, Haryana.

 

Odisha To Commission 10-MW Solar Power Plant 


Green Energy Development Corporation of Odisha Ltd will commission a 10 MW solar power plant at Manamunda industrial estate in dist. Boudh in February. BHEL is the EPC contractor of the project and also operate and maintain the plant for next ten years. It is a part of commissioning of the 20 MW solar power plant.

Extracted from BS, Feb 11,’16

 

Railways Signs MoU With Telangana Government For Rail Expansion 


Indian Railways has signed a MoU with Telangana government for ensuring speedy execution of projects in the state. The MoU envisages formation of joint ventures with Telangana for development of railway infrastructure in the state. 

Extracted from ET, Feb 11,’16

 

Naini Papers Files IEM For A Paper Unit In Uttarakhand 


Naini Papers Limited has filed IEM for a writing and printing paper unit in Udhamsingh Nagar, Uttarakhand.

 

Mother Dairy To Set Up Food, Veg Processing Plant In Ranchi 


Mother Dairy Fruit and Vegetable Pvt Limited is planning a 25000 tonne per year integrated food and vegetable processing plant in Ranchi with an investment of Rs.75.65 crore. The first phase of the project that includes a freezing line is expected to be operational by December 2016 while the pulp and concentrate processing line will be operational a year later.

Extracted from HBL, Feb 11,’16

 

HDFC Opens New Branch In Karimnagar 


HDFC Limited has opened its new branch in Karimnagar, Telangana. It is the 11th branch in the State. It will cater to the customers spread across Karimnagar, Ramagundam, Macherial, Jagityal and adjoining areas.

Extracted from HBL, Feb 10,’16

 

Snapdeal To Increase Warehousing Capacity By 50% In Haryana, Says CM M L Khattar 


Snapdeal is planning to increase its warehousing capacity by 50% in Haryana. Currently, it has five fulfillment centres (warehouse) with 2 lakh square feet capacity in the state.

Extracted from BS, Feb 10,’16

 

Andhra Pradesh, Telangana To Make Up 50% Of Mobile And Components Manufacturing In India By 2020 


According to the Fast Track Task Force, Andhra Pradesh and Telangana will contribute  40-50% of the mobile handsets and components manufacturing in India by FY 2020. The estimate includes the capacities from the manufacturing units like Celkon and Micromax in Hyderabad and Foxconn unit in Sri City, Andhra Pradesh. 

Extracted from ET, Feb 10,’16

 

E-Commerce Market May Reach $45-50 Bn By 2020: Study 


According to Boston Consulting Group and Retailers Association of India, E-commerce market size for goods is expected to jump about five times to $40-50 billion by 2020. It added that the total internet users would also likely to jump to 650 million by 2020 from 260 million. The report said that the travel and electronics would account for 60 and 30 per cent of e-commerce sales by 2020 respectively.

Extracted from BS, Feb 10,’16

 

MCL May Team Up With A Central PSU For 1,600 Mw Power Plant 


Mahanadi Coalfields Ltd is planning a 1600 MW (2x800) pithead power plant at Basundhara region in dist. Sundargarh with an investment of Rs.10,000 crore. Land for the project has been earmarked. Environment and forestry clearance is in progress. It has applied for coal linkage and is also planning to have a JV partner for the power project.

Extracted from BS, Feb 09,’16

 

Siddhivinayak Brine & Allied Industries Files IEM For A Salt Unit in Gujarat 


Siddhivinayak Brine & Allied Industries Private Limited has filed IEM for an industrial salt unit in Kutch, Gujarat.

 

H&M To Open Store At Mohali 


H&M, Swedish fashion retailer, is set to open its first store at North Country Mall on NH-21 expressway  in Mohali,Punjab this summer. It has also plans to open stores in Bengaluru, Gurgaon, Noida and Mumbai this year.

Extracted from HBL, Feb 09,’16

 

Indo-UK Healthcare To Invest Rs 1,000 Crore In Haryana 


The Haryana government has signed an agreement with Indo-UK Healthcare Private Limited to establish medical institutions in the state with proposed investment of Rs 1,000 crore. Under this agreement, the Haryana government would facilitate Indo-UK Healthcare Private Limited to obtain necessary permissions, registrations, approvals and clearances for the project from the departments concerned in order to ensure the establishment of the project in a time-bound manner. The project is likely to commence in 2017. 

Extracted from ET, Feb 09,’16

 

IIT-Ropar Gets Rs 5-Crore Grant To Set Up Biz Incubator In Punjab 


The IIT –Ropar has received a grant of Rs 5 crore to set up a technology business Incubator (TBI) in Punjab. The TBI will foster innovation and entrepreneurship culture in the state over a period of five years. This will promote new technology, knowledge and innovation-based startups, establish a network among academia, financial institutions, industries and other institutions, and provide cost-effective, value-added services to startups like mentoring, legal, financial, technical and intellectual property-related services.

Extracted from BS, Feb 09,’16

 

Work on Malabar Cements New Unit Begins 


Malabar Cements Limited has started construction work on its bulk cement unit at Willingdon Island, Kochi, Kerala. The unit will be set up on a total area of 6.93 acres. It will be equipped with facilities to collect and distribute sand for manufacturing of cement, clinker and coal. Approximate cost of the project is around Rs.176 crore.

Extracted from NIE, Feb 08,’16

 

Satyam Textile Park Files IEM For New Park In Western India 


Satyam Textile Park has filed IEM for a textile park in Surat, Gujarat.

 

Heritage Foods On Expansion Drive 


Heritage Foods Limited is planning to open 35 stores in Chennai and 20 stores each in Bengaluru and Hyderabad. Each store would be spread over an area of 1,500 to 2,000 sq.ft. Some of them would be large stores spread over 15,000 sq.ft. Approximate cost of the project is around Rs.60 crore.

Extracted from The Hindu, Feb 08,’16

 

SRF To Invest $58 Million To Set Up New Plant At Indore 


SRF Limited is planning a Greenfield BOPET plant at Indore, Madhya Pradesh with an investment of$58 million. The plant will have a capacity of 30,000 TPA and a metallization capacity of 8,000 TPA. Of the total investment, World Bank's investment arm IFC is considering financing up to $40 million. The balance will be financed by SRF.

Extracted from BS, Feb 08,’16

 

Actis-BAcked Ostro Energy To Invest $425 Million In Andhra Pradesh 


Ostro Energy Private Limited, through its two subsidiaries, Andhra Wind Private Limited and Ostro AP Wind Private Limited, plans to set up 197.4 MW wind farm projects in Ramagiri, Kambadur and Kananganapalle Mandal of Anantapur District in Andhra Pradesh. It plans to enter into a turnkey contract with Suzlon Energy Limited for acquisition of land, supply of wind turbine generators, erection and commissioning for the project. The estimated cost of the project is likely to be around $246 million.

Extracted from BS, Feb 08,’16

 

Cochin Shipyard To Build 4 Catamarans For Andamans 


According to Union Minister Nitin Gadkari, Cochin Shipyard Ltd will manufacture catamaran for Andaman and Nicobar Islands. These will be used for cruising and other purposes in Andaman and Nicobar Islands.

Extracted from HBL, Feb 07,’16

 

Japan Auto Parts Maker Exploring Joint Venture In India 


The Japan Automatic Machine (JAM) company is planning auto components unit in Manesar, Haryana and Bengaluru in Karnataka. It is currently in talks to set up a joint venture for the same.

Extracted from ET, Feb 07,’16

 

ITC Files IEM For A Snacks Unit In Karnataka 


ITC Limited has filed IEM for a potato chips unit in Mysore, Karnataka.

 

 

Invest Karnataka 2016: India's Silicon State Signs 147 Projects For Rs 1.33 Lakh Cr 


The Karnataka state has signed147 projects worth of Rs. 1.33 lakh crore in the event Invest Karnataka. It has received more number of projects in the sectors of energy, pharma, information technology & biotechnology, agriculture, infrastructure and tourism.

Extracted from BS, Feb 05,’16

 

E-Commerce to Generate 250,000 Jobs In 2016: Assocham 


According to Assocham, E-commerce industry will hire 60-65 per cent this year and is to likely generate 250,000 jobs in online retail this year. The report further said that, India's e-commerce market was worth about $3.8 billion in 2009, it went up to $17 billion in 2014 and to $23 billion the next year. It is expected to touch $38 billion mark by 2016.

Extracted from BS, Feb 05,’16

 

Nucleus Satellite To Set Up Dish Antennae Unit In Sri City 


Nucleus Satellite Communications (Madras) Private Limited is setting up a 45 cm, 60 cm and 100 cm diameter DTH dish antenna manufacturing unit at Sri City, Andhra Pradesh on 8 acres of land. Approximate cost of the project is around Rs.25 crore.

Extracted from HBL, Feb 05,’16

 

Adani Power To Sign Deal To Build $2 Billion Plant In Jharkhand 


Adani Power is planning a 1,600 MW (Two units) coal-based power plant in Jharkhand with an investment of $2.2 billion. The company would soon sign a deal with the Jharkhand government for the proposed project.

Extracted from BS, Feb 05,’16

 

Anayara Terminal To Be Opened This Month 


The Kerala State Road Transport Corporation will open new bus depot at Anayara in Feb’16. The depot has constructed on three-and-a-half acres of land adjacent to the World Market at Anayara. Approximate cost of the project is around Rs. 2 crore

Extracted from The Hindu, Feb 05,’16

 

Rs. 125 cr. Sanctioned For Tumakuru NIMZ 


The union government and the Karnataka state government together to set up National Investment and Manufacturing Zone (NIMZ) at Vasantnarasapur area in dist.Tumakuru, Karanataka on 500 acres of land. The Union Heavy Industries and Public Enterprises ministry has decided to release Rs. 125 crore for the Rs.421 crore project.

Extracted from The Hindu, Feb 04,’16

 

Scania To Double Manufacturing Capacity In 4 Years 


Scania, Swedish commercial vehicle and engine manufacturer, is planning to double the production capacity at its Achatnahalli plant in Karnataka. However, the company has not disclosed the investment for the project.

Extracted from BS, Feb 04,’16

 

Colgate-Palmolive Inaugurates Toothbrush Making Unit In Sri City 


Colgate-Palmolive (India) Ltd has inaugurated its 220 million pieces/ annum tooth brushes manufacturing unit at Sri City in Andhra Pradesh. The unit built on a 25 acres of land and commissioned in a building of 16000 sq. m area, has been set up at an investment of about Rs. 450 crore in nineteen months. It has also plans to increase the annual production capacity to 600 million.

Extracted from HBL, Feb 03,’16

 

Future Group Opens 217th Big Bazaar Outlet 


Future Group has said that it has opened its 217th Big Bazaar outlet at Vasant Kunj in Delhi. The outlet is a swankier version of the hypermarket, called Big Bazaar Gen Nxt. Future Group, the country's largest listed retailer, operates Big Bazaar stores in 114 cities. 

Extracted from ET, Feb 03,’16

 

Namartha Green Energy Files IEM For A Power Plant In Andhra Pradesh 


Namartha Green Energy Private Limited has filed IEM for a solar power plant in East Godavari, Andhra Pradesh.

 

Godrej Agrovet Files IEM For Crude Palm Oil In South India 


Godrej Agrovet Limited has filed IEM for crude palm oil unit in West Godavari, Andhra Pradesh.

 

AMD Industries Expands PET Bottles Capacity In Rajasthan 


AMD Industries Limited has expanded PET (polyethylene terephthalate) bottles manufacturing capacity at its Neemarana facility in Rajasthan. It has set up 4 new lines of machines, having a capacity of manufacturing 25,000 PET bottles and around 22,000 jars in a day.

Extracted from BS, Feb 03,’16

 

Indian Tyre Industry Expected To Grow At 4-6% For FY17: ICRA 


According to ratings agency ICRA, the Indian tyre industry is expected to remain strong with industry-wide revenue growth estimated at 4-6 percent for FY 2017 as against 2-4 percent de-growth estimated for FY2016.

Extracted from ET, Feb 02,’16

 

Navigant India To Set Up New Unit At Technopark 


Navigant BPM (India), serves clients in the healthcare, energy and financial services industries, is planning a new facility in the ‘Ganga’ building at Phase III of the Technopark campus, Thiruvananthapuram. Investment and other details are not available.

Extracted from HBL, Feb 02,’16

 

Unimark Group Begins Work On Rs. 320-Cr Project 


Unimark Group has started work on the 135-apartment luxury residential project at Eastern Metropolitan Bypass, between ITC Sonar and JW Marriot in Kolkata on two-acres of land. The project would have a built-up space of 4-lakh square feet and is to be ready in the first quarter of 2019. Estimated cost of the project is Rs.300 crore.

Extracted from HBL, Feb 02,’16

 

Emami Expects To Start Guwahati Plant In October 


Emami is constructing personal care products unit in Guwahati. The unit is scheduled to be commissioned by Oct’16. The unit would be built at a cost of Rs. 200 crore.

Extracted from ET,Feb 01,’16

 

Falcon Marine Exports Files IEM For Feed Unit In Odisha 


Falcon Marine Exports Limited has filed IEM for an aqua feed unit in Khurda, Odisha.

 

Adlabs Plans To Open 2 More Theme Parks In 3-5 Years 


Adlabs Imagica, part of Adlabs Entertainment (AEL), is planning to open theme parks in Delhi NCR in North and Hyderabad or Bangalore in South India in 3-5 years. It is also working on expanding attractions in its existing park which is located on the Mumbai-Pune expressway.

Extracted from HBL, Jan 31,’16

 

NTPC Plans Solar Project 


NTPC is setting up a 10 KW solar photovoltaic plant at Kayamkulam at a cost of Rs.13 lakh. The NTPC Energy Technology Research Alliance (NETRA) has developed floaters made of non-corrosive material, in association with CIPET, for mounting the panels. The panels are made by Radiant Solar Company at Fabcity, Hyderabad. The plant would be commissioned next month.

Extracted from The Hindu, Jan 31,’16

 

Sudhakar PVC Products Files IEM For Electrical Components Unit In South India 


Sudhakar PVC Products Private Limited has filed IEM for an electrical wires and cables unit in Medak, Telangana.

 

Coimbatore Corporation To Form SPV To Implement Smart City Projects 


The Coimbatore Corporation is to form SPV which will be a public limited company that will plan, appraise, approve, release funds, implement, manage, operate, monitor and evaluate the Smart City development projects. After the SPV is formed, Rs.194cr will be sanctioned by the ministry and Rs.100cr will be released by the state government. Equal amount will have to be raised by the civic body. After the funds are gathered, the civic body could take loans facilitated by the ministry from World Bank or Asian development bank as well or opt for private public partnership.

Extracted from TNN, Jan 30,’16

 

Al Fatah Global Foods Files IEM For Meat Products Unit In Western India 


Al Fatah Global Foods has filed IEM for meat and meat products unit in Ahmedanagar, Maharashtra.

 

Tamil Nadu To Get 1st 800MW Thermal Plant 


Tangedco is planning a 800 MW thermal power plant at North Chennai Thermal Plant complex in dist. Tiruvallur on 250 acres of land. The Union ministry of environment and forests issued environment clearance for this project on January 20’16. Of the two tenders, one has been given to BHEL, will be responsible for installing boiler, turbine and generator. For civil work, a techno-commercial bid was opened on January 18 and it is under evaluation. The total cost of the new unit is 6,376 crore and is expected to be commissioned in August 2019.

Extracted from TNN, Jan 30,’16

 

TNPL Commissions Rs.1,650-cr Greenfield Packaging Board Plant 


Tamil Nadu Newsprint and Papers (TNPL)has commissioned its two lakh tonnes a year high-end, multi-layer double-coated board manufacturing unit in dist. Tiruchi, Tamil Nadu in Jan’16. Approximate cost of the project is around Rs.1650 crore.

Extracted from HBL, Jan 29,’16

 

Agarwal’s Eye Hospitals Raises $45 Million 


Dr Agarwal’s Group of Eye Hospitals has raised $45 million from Asia-focused private equity firm ADV Partners.  The group will invest the money for expansion in India, Africa, West Asia and South-East Asia over four years through a mix of joint ventures and greenfield hospitals. In India, the group will consolidate its presence in existing states and set up new hospitals in Kerala, Gujarat, New Delhi, Maharashtra and Punjab.

Extracted from The Hindu, Jan 29,’16

 

ACME Wins 150 MW Solar Project In Haryana 


ACME Solar has secured a 150 MW solar power project in Haryana at a tariff rate of Rs 5 per unit. It will buy land on its own for the project and scheduled to commission the project in 2017. It will sell the power to Haryana Bijli Vitran Nigam Ltd under the renewable purchase obligations (RPO) programme from next year. 

Extracted from ET, Jan 29,’16

 

Jharkhand to Set up Solar Power Plants In 100 Offices 


According to Jharkhand Energy secretary, S K G Rahate, Jharkhand's Energy department will set up rooftop solar power plants at 100 government office buildings in Jharkhand. Besides, sixty-eight potential sites have been identified for small hydro power projects in the state.

Extracted from BS, Jan 29,’16

 

Govt Sets Up 6 Focus Incubation Centres At Rs 17.4 cr 


According to the Textile Minister, Santosh Kumar Gangwar, government has set up six focus incubation centres at a cost of Rs 17.4 crore to help budding entrepreneurs develop innovative technical textile products and boost manufacturing in the textile sector.

Extracted from BS, Jan 29,’16

 

Miraj Cinemas To Add 50 Screens This Year 


Miraj Cinemas is planning to double the screens to 100 by the year-end by investing about Rs. 80 crore. Further, it has plans to have 300 screens in our multiplexes by 2018.

Extracted from HBL, Jan 29,’16

 

68 Industrial Projects To Come Up In Udupi District 


The Udupi district administration, Department of Industries and Commerce and District Industries Centre will organize a District Investors Meet in Manipal on January 30.This to felicitate those who had decided to invest in the district. These investors would later participate in the Invest Karnataka 2016, Global Investors Meet, where they would sign the Memorandums of Understanding with the State government between February 3 and 5. As many as 68 projects were expected to come up in Udupi district. A total of Rs. 14,188 crore would be invested on these projects.

Extracted from The Hindu, Jan 29,’16

 

Godrej And Boyce Files IEM for Sofa Unit in North India 


Godrej And Boyce Manufacturing Company Limited has filed IEM for sofa seat unit in Haridwar, Uttarakhand.

 

Power Grid To Invest Rs 328 Crore In Two Transmission Projects 


The Power Grid Corporation of India has approved Western Region System Strengthening Scheme-XIV in Southern Region and 400-KV bays extension at 400-KV Vemagiri sub-station with the commissioning schedule of 30 months from the date of investment approval. Approximate investment for the project is Rs. 120.67 crore and Rs. 207.9 crore respectively.

Extracted from ET, Jan 28,’16

 

Dubbak Solar Projects Files IEM For A Power Plant in Telangana 


Dubbak Solar Projects Private Limited has filed IEM for a solar power plant in Medak, Telangana.

 

BoB Opens Specialized Mortgage Store In Mumbai 


Bank of Baroda has launched its Specialized Mortgage Store (SMS) outfit 'Baroda SMS' in Mumbai at Sir PM Road, Fort, to cater to mortgage based retail business. The outfit will extend end-to-end solution like collection of applications, processing, sanction, documentation and disbursement of mortgage based loans under one roof. 

Extracted from HBL, Jan 28,’16

 

JSW Steel Files IEM For Pipe Conveyor Unit In Karnataka 


JSW Steel Limited has filed IEM for a pipe conveyor unit (used for iron ore transportation) in Bellary, Karnataka.

 

Multi-Modal Hub To Be Set Up In Sahibganj, Says Nitin Gadkari 


According to the Union Minister Nitin Gadkari, the union government is planning a multi-modal hub in dist. Sahibgunj, Jharkhand. Approximate cost of the project is around Rs.534 crore. The centre will also set up another two such hubs in the country.

Extracted from ET, Jan 28,’16

 

Sree Rayalaseema Alkalies & Allied Chemicals Files IEM For Acid Residue Unit In Andhra Pradesh 


Sree Rayalaseema Alkalies & Allied Chemicals Limited has filed IEM for a fatty acid residue unit in Kurnool, Andhra Pradesh.

 

India Investment Summit Next Month 


The Indian Finance Ministry has organized the India Investment Summit, will held in New Delhi on February 4 and 5. This is to attract long term foreign capital, especially sovereign wealth funds and private equity funds to the country.

Extracted from HBL, Jan 27,’16

 

Essel Infraprojects Commissions 50 MW Solar Plant in Uttar Pradesh 


Essel Infraprojects has commissioned a 50MW solar power project at Kuhana and Shajahanpur villages in Jalaun district of Uttar Pradesh in Jan’16. The project, spanning 250 acres land, has been built at a cost of Rs.450 crore.

Extracted from ET, Jan 27,’16

 

Pantaloons Fashion & Retail Files IEM For Textile Unit In Karnataka 


Pantaloons Fashion & Retail Limited has filed IEM for a readymade garments unit in Bangalore (Urban), Karnataka.

 

Six Stations To Be Upgraded 


South Western Railway will upgrade Holenarsipur, Davangere, Bantwal, Neralakatte, Gudgeri, and Subramanya Road stations under Mysuru Division during the current financial year. These stations will be developed as Adarsh Stations by the authorities.

Extracted from The Hindu, Jan 27,’16

 

LeEco To Open 555 Service Centres 


LeEco is planning to start 555 service centres (after-sales network), spanning across 300 towns in India. The 555 service centres will be 24X7 toll free, providing 10 languages, which includes English, Hindi, Bangla, Gujarati, Kannada, Malayalam, Marathi, Punjabi, Tamil and Telugu.

Extracted from HBL, Jan 26,’16

 

Sudhakar PVC Products Files IEM For Storage Tanks Unit In South India 


Sudhakar PVC Products Private Limited has filed IEM for a plastic water storage tanks unit in Medak, Telangana.

 

EDF Signs MoU With Nuclear Power Corporation Of India To Build Six Nuclear Plants In Jaitapur 


French utility EDF has signed a MoU with the Nuclear Power Corp of India Ltd for the construction of six EPR nuclear reactors at Jaitapur, in the west of India.  A contract for pre-engineering studies was signed by Areva and NPCIL last April. EDF said that in the next few months it would continue work started by Areva and NPCIL to secure certification for the EPR reactor in India and to finalize the economic and financial conditions and technical specifications of the project, supervised by Indian atomic organisation DAE.

Extracted from ET, Jan 26,’16

 

Surat Wovensacks Files IEM For Woven Sacks Unit In Gujarat 


Surat Wovensacks Industries LLP has filed IEM for woven sacks manufacturing unit in Surat, Gujarat.

 

India To Clock Growth Of 7.3% In 2016, Says UN Report 


According to the World Economic Prospects 2016 Report by United Nations, India is expected to be the fastest growing large economy in 2016-17. The report further said that India's average gross domestic product (GDP) growth has been estimated to grow by 7.3 per cent in 2016 and 7.5 per cent in 2017, up from 7.2 per cent in 2015.

Extracted from BS, Jan 23,’16

 

Sree Rayalaseema Alkalies Files IEM For Acid Unit In AP 


Sree Rayalaseema Alkalies & Allied Chemicals Limited has filed IEM for a distilled fatty acid unit in Kurnool, Andhra Pradesh.

 

State Plans To Open 58 Chicken Fresh Outlets By 2017 


The Odisha government’s Fisheries and Animal Resources Development (FARD) is planning to open 58 chicken fresh outlets across the state by 2017. It would set up five outlets in Bhubaneswar and Cuttack within six months and the rest would be constructed in public private partnership (PPP) under the Rashtriya Krishi Vikas Yojana (RKVY).

Extracted from TNN, Jan 22,’16

 

NLC Plans Solar Plant In Andamans 


Neyveli Lignite Corporation Ltd (NLC) is planning to set up a 50MW solar power plant in Andaman and Nicobar Islands. The company is the in discussions with the local administration.

Extracted from The Hindu, Jan 22,’16

 

Clouds Packaging Files IEM For Cardboard Boxes Unit In Meghalaya 


Clouds Packaging LLP has filed IEM for a corrugated cardboard boxes unit in Ribhoi, Meghalaya.

 

Government Mulling Setting Up New Petrochemical Complexes: Fertiliser Minister Ananth Kumar 


According to the union Fertilizer Minister, Ananth Kumar, the government is looking into possibilities of setting up new petrochemical complexes near the 16 petroleum refineries in the country. Earlier, the government under its Petroleum, Chemicals and Petrochemical Investment Regions policy had approved the setting up of four PCPIRs such as Vishakhapatnam in Andhra Pradesh, Dahej in Gujarat, Paradeep in Odisha and Cuddalore in Tamil Nadu.

Extracted from ET, Jan 20,’16

 

MRF May Set Up Factory In Gujarat, ASEAN Countries 


MRF is exploring possibilities of setting up a new plant outside South India, and a possible location could be Gujarat.  It is also plans to set up its units in ASEAN countries.

Extracted from BS, Jan 20,’16

 

Hindustan Unilever Files IEM For A Chemical Unit In West Bengal 


Hindustan Unilever Limited has filed IEM for a detergent unit in Midnapur, West Bengal.

 

SBI Plans To Open Three More Branches In Vizag 


The State Bank of India is planning to open three new branches at Kaparada, Kommadi, Chinamushidivada and another at Balaga in dist.Srikakulam, Andhra Pradesh by the end of March.

Extracted from HBL, Jan 19,’16

 

Sterling And Wilson Commissions Power Grid Connectivity In West Bengal's Sagar Islands 


Shapoorji Pallonji Group owned engineering firm, Sterling and Wilson has commissioned the entire grid-connected electrification project in Sagar Island in West Bengal. The project is being funded jointly by the World Bank and the West Bengal state government. The project has been completed in 36 months.

Extracted from BS, Jan 19,’16

 

EIL May Join OMCs To Set Up Mega Refinery Complex 


Engineers India Ltd (EIL) is likely to join with Indian Oil Corporation Ltd, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd to set up a mega refinery cum petrochemical complex on the western coast. The refinery can have a capacity of over 30 MTPA. The capital expenditure would depend on the configuration of the refinery but on an average, Rs 2,000 crore would be invested per million tonne capacity.

Extracted from BS Jan 19,’16

 

Swiss Majors Keen To Set Up Units In AP 


Flimson, a Swiss Company, has shown interest to set up a solar panel manufacturing plant in Andhra Pradesh at an investment of $200 million. BhmPartners Group which is also a Swiss Company, expressed interest in the areas of biotechnology, biomedical science, diagnostics and medical sciences in the state. Few other Swiss Companies shown their interest to set up their business in AP are Nuesch Development, Keller, BKW Engineering, Verde International AG, Leclanché and Indani Global.
Extracted from HBL, Jan 19,’16

 

Honda Inaugurates New Dealership, Landmark Honda In Indore 


Honda India has inaugurated ‘Landmark Honda’ new dealership at Palasia, Indore, Madhya Pradesh in Jan’16. This dealership covers an area of 12000 sq ft and would take care of all aspects related to ownership like sales, service and spare parts.

Extracted from BS Jan 18,’16

 

CIEL HR Services Plans To Open 100 Branches 


CIEL, a HR services firm, is planning to open 100 offices across the country through franchise model by the year end. It will be located at places such as IT parks, SEZs, Industrial Estates and places that house many corporate companies, who are constantly on the lookout for talent and candidates who are scouting for better opportunities. It will be available in its brand name CIEL Stars.

Extracted from HBL, Jan 17,’16

 

Arya Filaments files IEM For An Electric Lighting Equipments Unit in MP 


Arya Filaments Private Limited has filed IEM for an electric lighting equipments unit in Dhar, Madhya Pradesh.

 

Work Begins On Rs 5.5 Crore Septage Plant 


The Kerala Sustainable Urban Development Programme (KSUDP) is setting up a septage treatment plant at Cohin Port, Kerala. The plant will treat 100 cubic metres of waste everyday.  Approximate cost of the project is around Rs.5.50 crore.

Extracted from TNN, Jan 16,’16

 

Indian Retail Seen Doubling By 2020: CII-BCG Study 


According to Confederation of Indian Industry (CII) and The Boston Consulting Group, India’s retail sector will double to $1.1-1.2 trillion by 2020 from $630 billion in 2015. It also said that the overall retail market is likely to grow at an annual rate of about 12%, organized retail is projected to grow at 20% and e-commerce at 40-50%.

Extracted from Livemint, Jan 15,’16

 

Supertech To Invest Rs 300 Crore In Housing Project For Government Staff 


Supertech, a realty firm, is planning to develop a new township at Sohna in Gurgaon on 140 acres of land. It has tied up with property brokerage firm Investor Clinic for marketing. The project is being developed for the government employees at a cost of Rs. 300 crore.

Extracted from ET, Jan 15,’16

 

Bhageria Industries Files IEM For Solar PV Plant In Western India 


Bhageria Industries Limited has filed IEM for solar PV plant in Ahmedabad, Maharashtra.

 

IOC To Invest Up To $2.7 Billion In Six Refineries 


Indian Oil Corp (IOC) is planning to upgrade its six of its refineries to meet up the fuel specifications announced by the government. It would invest Rs. 40 billion for producing Euro IV compliant fuels and Rs 130-140 billion would be used for upgrading facilities to produce Euro VI compliant fuels.

Extracted from ET, Jan 13,’16

 

Centre Keen On Setting Up Fertilizer Plant In Karnataka 


The Indian government is planning to set up fertilizer plant, pharma park and a research centre of the Central Institute of Plastics Engineering and Technology’s (CIPET) in Karnataka. Other details are yet to be finalized.

Extracted from HBL, Jan 12,’16

 

Adani Logistics Files IEM For Warehouse In North India 


Adani Logistics Limited has filed IEM for a storage and warehouse facility in Ludhiana, Punjab.

 

Dr Agarwal's Eye Hospitals To Invest Rs 600 Crore 


Dr Agarwal's Eye Hospitals is planning to take its total eye hospital to 200 from its current 60 by 2020 with an investment of Rs.600 crore. In India majority of the hospitals are located in Tamil Nadu, Karnataka, Telegana and Andhra Pradesh. Recently, it has opened three hospitals in Kerala and one in Kolkata. It is also looking at Gujarat, Maharashtra and other Northern states.

Extracted from BS, Jan 12,’16

 

Tata Ficosa Automotive Systems Files IEM For Auto Component Unit In Western India 


Tata Ficosa Automotive Systems Private Limited has filed IEM for outer rear view mirror unit in Pune, Maharashtra.

 

Kalyan Jewellers Plans Mini Diamond Stores 


Kalyan Jewellers is all set to transform its 14 ‘My Kalyan’ customer service outlets across Telangana into mini diamond stores. The stores will feature Kalyan’s range of diamonds ranging from Rs.8,000 to Rs.25,000. All the diamonds sold at the outlets will be certified by International Gemological Institute with the accompanying gold being BIS certified. 

Extracted from HBL, Jan 11,’16

 

Kent RO system Files IEM For Water and Other Purifier Unit in North India 


Kent RO system Limited has filed IEM for water purifier, RO system, Air purifier, vegetable purifier unit in Haridwar, Uttararkhand.

 

NTPC To Set Up 4000 MW Power Plant, 2250 MW Solar Power Plant In AP 


NTPC is planning to set up a 4000MW power plant at Puttaparthi and a 2250 MW solar power plant in Andhra Pradesh as a part of Chief Minister's initiative of making the state a solar power.

Extracted from ET, Jan 11,’16

 

Pepe Jeans Sets Sights On Fully-owned Stores In India, Files Application With DIPP 


Pepe Jeans India is planning to open fully-owned large retail stores in India. It has filed the application on the DIPP website on January 6. About franchise stores, it plans to increase the number of stores to 450 across metros, tier-II and tier-III cities from the current 200 stores.

Extracted from ET, Jan 11,’16

 

Big Fish Ventures To Invest Rs 200 cr To Open 22 Restaurants 


Big Fish Ventures, a Private equity firm, which owns and operates brands such as Junkyard Cafe and Garam Dharam, is planning to open restaurants  in Delhi, Mumbai, Hyderabad, Gurgaon, Bengaluru and Chandigarh. It has also plans to open such centers in the United Arab Emirates, Canada and the UK. Approximate cost of the project is around Rs.200 crore.

Extracted from BS, Jan 10,’16

 

Bharat Forge To Set Up Auto Component Hub In Nellore 


Bharat Forge is planning an integrated auto component hub in Nellore, Andhra Pradesh. It has signed MoU with the Andhra Pradesh state government at the Andhra Partnership Summit in Jan’16. Approximate cost of the project is around Rs.1200 crore.

Extracted from BS, Jan 10,’16

 

Hindustan Zinc To Invest Rs.8,000 Cr 


Hindustan Zinc Limited is planning to expand its ore production levels from 9.36 million tonnes per annum (MTPA) to 14 MTPA and finished metal production to 1.10 MTPA from 0.85 MTPA with an investment of Rs.8000 crore in the next three years. It is also planning a 0.5 MTPA Di-Ammonium Phosphate fertilizer plant in dist. Udaipur with an investment of Rs.1, 350 crore.

Extracted from The Hindu, Jan 09,’16

 

IWAI To Set Up Modern Indian Waterways Hub At Haldia: Gadkari 


According to the Union Road Transport, Highways and Shipping Minister, Nitin Gadkari, the Inland Waterways Authority of India (IWAI) is planning to set up a modern Indian Waterways Hub at Haldia to attract more investment in the eastern region of the country.

Extracted from BS, Jan 08,’16

 

Karnataka To Be Home To 100-Acre Pharma Park 


According to the Union Minister of Chemicals and Fertilizers, Ananth Kumar, the centre is planning to set up a pharma park in Karnataka. The Karnataka government has promised 100 acres of land for setting up of the pharma park in the state. He further said that there is also a proposal for a huge pharma park in Hyderabad in 350 acres also one in Rajasthan.

Extracted from DC, Jan 08 2016

 

Centre Okays Electronic Manufacturing Cluster In Chhattisgarh 


Chhattisgarh State Industrial Development Corporation is planning to set up an electronic manufacturing cluster at Village Tutla, Naya Raipur on 28.32 hectares of land. The project has received the necessary clearances from the union government. The electronic products like television sets, CCTC cameras, set-up boxes, computer accessories, LED bulbs and other electronic items are to be manufactured in the cluster.

Extracted from BS, Jan 07 2016.

 

Tommy Hilfiger Re-Applies To Open Own Stores In India 


Tommy Hilfiger Arvind Fashion Pvt Ltd, 50:50 JV between the US premium lifestyle brand and Arvind Ltd, has again filed an application with the government to open its own stores in India. Early last year, it withdrew its earlier application with the Department of Industrial Policy and Promotion (DIPP) as the US fashion company's proposal has been stuck for more than three years due to regulatory issues. 

Extracted from ET, Jan 06,’16

 

Welcome Cure To Launch 150 Hybrid E-clinics In 18 Months 


Welcome Cure has launched physical e-clinics in December 2015. The clinics will offer counseling to patients on homeopathy treatments, assist in creating case-histories of patients and connect patients to relevant doctors from the platform’s panel of experts. It has also plans to open over 150 e-clinics across India over the next 18 months.

Extracted from FE,Jan 06,’16

 

Titan Montblanc JV To Have 50 Stores In 5 Yrs, To Invest Rs 250 Crore 


The JV of Titan and Maison Montblanc is planning to open 50 retail outlets in India in the next five years with an investment of Rs.250 crore. It has opened its third outlet in the National Capital. The other two are in Mumbai and Pune. The JV has plans to tap cities such as Chandigarh, Surat, Kochi, Jaipur, Bhopal, Indore, Lucknow and Patna. 

Extracted from ET, Jan 06,’16

 

Bokaro To Get 3rd Greenfield Steel Plant 


BMW Industries Limited is planning to install a 0.5 million tonne capacity steel plant on 40 acres of land, allotted by the Bokaro Industrial Area Development Authourity (Biada).Besides, BMW Industries is already running a steel processing unit of prime materials in partnership with SAIL in the Balidih Industrial Area.

Extracted from ET, Jan 06,’16

 

ISRO Plans 100-Acre Space Park In Mysuru 


Indian Space Research Organization (ISRO) will set up a space park near Whitefield in Bengaluru on 100-acres of land. The park will allow private industries to take up manufacturing of space system related components.

Extracted from NIE, Jan 05,’16

 

K Raheja Group To Invest Around Rs 525 Crore In Next 3 Years 


K Raheja Group is planning to have 25 Hypercity stores and over 90 Shoppers Stop stores by FY 2018-19. For this, it plans to invest around Rs.525 crore over the next three years. It further said, every year Rs 100 crore investment will go for new stores, Rs 40-50 crore would go for the renovation of the existing stores and Rs 25-30 crore would go for omni-channel strategy.

Extracted from ET, Jan 05,’16

 

Bright Group To Invest Rs. 100 Cr In Mega Housing Project 


Bright Group, a not-for-profit trust, is planning a housing project, B.Ed College, pharmacy college and diagnostic centre, high school and a water treatment plant at Baruipur, Kolkata. The land has been acquired. Approximate investment for the project is around Rs.100 crore.

Extracted from HBL, Jan 05,’16

 

Samarth AD Protex Files IEM For Packaging Products Unit in West Bengal 


Samarth AD Protex Private Limited has filed IEM for plastic packaging products manufacturing unit in Purulia, West Bengal.

 

SGB To Set Up Branches In Krishna, Chittoor 


The Saptagiri Grameena Bank (SGB), sponsored by the Indian Bank, is planning to open as many as 11 new branches in the rural sector in the Chittoor and the Krishna districts of Andhra Pradesh by March 2016.

Extracted from The Hindu, Jan 05,’16

 

Tata Toya Radiators Files IEM For Radiators Unit In Western India 


Tata Toya Radiators Limited has filed IEM for a radiators unit in Pune, Maharashtra.

 

Inox Launches 6-Screen Multiplex At Thrissur 


Inox has launched new six screens multiplex at Sobha City mall in Thrissur, Kerala and a three screen multiplex at Meerut in Uttar Pradesh. It comes up with 1,368 and 1,012 seats respectively.

Extracted from HBL, Jan 04,’16

 

Usha International Files IEM For Electric Fans Unit In South India 


Usha International Limited has filed IEM for electric fans (Ceiling fans) unit in Rangareddy, Telangana.

 

 

Sify To Set Up Largest Global Delivery Centre In Hyderabad 


Sify Technologies with Fujitsu Limited is planning a three phase global delivery centre (GDC) in Hyderabad. It has acquired 1.5 acres of land and the centre will come up on a 2 lakh sq ft. The company plans to invest around $20 million in the first phase of the project. Sify is scheduled to complete all phases in four years.

Extracted from TNN, Jan 03,’16

 

MIT To Set Up Super Fab Lab In Visakhapatnam 


Massachusetts Institute of Technology (MIT) is planning to set up a Super Fab Lab in Visakhapatnam, Andhra Pradesh on two acres of land. Fab Labs are set up as part of outreach component of MIT’s Centre for Bits and Atoms (CBA) – an extension of its research into digital fabrication and computation.  It is a technical prototype platform to encourage innovation and invention among budding entrepreneurs.

Extracted from The Hindu, Jan 04,’16

 

Mahindra Inaugurates Bio-CNG Unit 


Mahindra & Mahindra has inaugurated a bio-CNG facility at Mahindra World City (MWC) in Chennai. Spread over 1,000 square metres, the facility will convert eight tonnes of food and kitchen waste generated daily at MWC, into 1,000m3 of raw biogas. Further, the raw bio gas can be enriched to yield 400kg/day of purified CNG grade fuel which is equivalent to a 200 kW power plant.

Exrtacted from HBL, Jan 02,’16

 

KSSIDC Plans To Set Up More Industrial Estates In Dakshina Kannada 


Karnataka State Small Industries Development Corporation (KSSIDC) is planning to set up new industrial estates in dist.Dakshina Kannada. The revenue department officials have been asked to find suitable land for the setting up of new industrial estates in the district. Once industrial estates are set up, units and sites will be allocated to beneficiaries through single window system.

Extracted from TNN, Jan 02,’16

 

Siri Nivas Ceramics Files IEM For Digital Wall Tiles Unit In South India 


Siri Nivas Ceramics Limited has filed IEM for a digital wall tiles unit in Chitoor, Andhra Pradesh

 

Water Purification Plant Set Up 


The Karnataka Health Department has installed a drinking water purification plant at Village Karanji-Bujurg in Aurad. The purification unit has been donated to the village by a Bidar-based doctor-couple.

Extracted from The Hindu, Jan 01,’16

 

Stay Simple Resorts Plans Expansion 


Stay Simple Resorts is planning to enhance its capacity to over 2,000 rooms in the next six months. Currently, it owns, manages and operates about 500 rooms in 16 resorts, across 12 tourist destinations in India. It has recently raised angel funding from marquee investors of Rs.5 crore, which is to be utilized for the expansion.

Extracted from HBL, Dec 31,’15

 

Power Grid Completes Khammam-Nagarjunasagar Transmission Line 


Powergrid Vizag Transmission Ltd, a wholly-owned subsidiary of Power Grid Corporation of India Ltd, has successfully charged the first element of the project: Khammam - Nagarjunasagar 400kV D/C Transmission line on December 31, 2015. The transmission line of about 150 km traverses the states of Telangana and Andhra Pradesh and will facilitate inter-state exchange of power in southern region.

Extracted from ET, Dec 31,’15

 

Railways Biggest Windmill Project To Be Opened In Jaisalmer Today 


The Indian Railways has commissioned a 25 MW wind power project at Village Dangri in Fatehgarh sub-division, Jaisalmer in Dec 30,’15. It has also plans to set up around 1,000MW solar power projects and a large number of windmill units. The efforts have been started in this regard, for which the rail ministry's associate company IRCTC has set up a new company Railway Energy Management Company (REMC) to work on solar and windmill projects, while also inviting tenders from the private sector.

Extracted from  TNN, Dec 30,’15

 

Godrej Agrovet files IEM for a cattle feed unit in North India 


Godrej Agrovet Limited has filed IEM for a cattle feed unit in Barabanki, Uttar Pradesh.

 

Indian state runs OMCs to set up largest refinery in Maharashtra 


The union government is planning to set up a big oil refinery in Maharashtra. The government has asked Bharat Petroleum Corporation, Hindustan Petroleum and Indian Oil Company together to do feasibility study of the project. Other details of the project are yet to be finalized.

Extracted from ET, Dec 29,’15

 

Centre gives nod for four greenfield airports 


The union government has issued site clearance for green field airports that are planned at Bhogapuram, Nellore and Kurnool in the state of Andhra Pradesh. It has also issued clearance for an international airport at Dholera in Gujarat. The completion of each of the projects could take up to six years at least with land acquisition taking up to three years and another three years being spent on the construction of each.

Extracted from HBL, Dec 28,’15

 

Microsoft India to set up Centre of Excellence in Vizag 


Microsoft India is planning to set up a Centre of Excellence in Visakhapatnam, Andhra Pradesh. It has signed MoU with the Andhra Pradesh state government for the same. According to the MoU, the state government will use technical knowledge from Microsoft India, which will support building of up to three proof-of-concept (POC) solutions to apply Microsoft Azure Machine Learning and Advanced Visualization in education, agriculture and e-citizen services.

Extracted from ET, Dec 28,’15

 

Amway inaugurates first Indian production facility in Tamil Nadu 


Amway India Enterprises Private Limited has inaugurated its new FMCG products manufacturing unit at Nilakkottai, near Madurai in Tamil Nadu. The plant spread across 50 acres of land; cost of the project is around Rs.550 crore.

Extracted from BS, Dec 28,’15

 

Feasibility study on Pumpwell bus stand project completed 


Mangaluru City Corporation (MCC) has proposed to construct a bus stand for private buses at Pumpwell on 7.23 acres of land. Infrastructure Development Corporation (Karnataka) Ltd. (iDeCK) will submit the feasibility report within a week. DPR would be prepared later.

Extracted from The Hindu, Dec 28,’15

 

Ruchi Solar files IEM for a power plant in Maharashtra 


Ruchi Solar Industries Limited has filed IEM for a solar power generation in Nagpur, Maharashtra.

 

India may be third largest economy after 2030: Study 


According to the UK think tank Centre for Economics Business and Research (CEBR), China will overtake the US as the largest economy in the world in 2029 with the US slipping to second place and India close behind at third. However, India will become the largest economy in the Commonwealth in 2019 when its economy overtakes the British economy. The study also says that India is finally starting to catch up with China and will eventually overtake the Communist-giant in the second half of the century.

Extracted from HBL, Dec 27,’15

 

Sri Sesha Sai files IEM for a textile unit in South India 


Sri Sesha Sai Spinning Mills Private Limited has filed IEM for a cotton yarn spinning unit in Guntur, Andhra Pradesh.

 

NEEPCO starts commercial production from Manarchak plant 


North Eastern Electric Power Corporation (NEEPCO) has started commercial production from its Manarchak power plant in dist. Sepahijala. The installed capacity of this gas-based thermal power project is 101 MW, but it would get 2 MW more when additional 36 MW production from the steam turbine would be added within next month.

Extracted from HBL, Dec 27,’15

 

Shree Lalitha Parameswari Spinning files IEM for a textile unit in South India 


Shree Lalitha Parameswari Spinning Private Limited has filed IEM for a cotton yarn spinning unit in Guntur, Andhra Pradesh.

 

Inland to invest Rs 400 cr to expand its logistics infrastructure 


Inland World Logistics Ltd (formerly Inland Road Transport), is planning to set up logistics parks and Container Freight Stations (CFS) in Mumbai, Chennai & Gujarat and is scouting for land. These projects should be finalized in 2016. Approximate investment is around Rs.400 crore funded through internal accruals and debt.

Extracted from The Hindu Dec 16,’15

 

Kerala CM to inaugurate septage treatment plant at Brahmapuram 


The Kerala state chief minister, Oommen Chandy, will inaugurate one lakh litre septage waste treatment plant at Brahmapuram in Dec’15. Construction of the facility, which is being set under the Kerala Sustainable Urban Development Project (KSUDP), began in 2014 end. Set up on 40 cents of land, the advanced treatment plant will convert septage waste into water through a three-tier treatment system. The total estimated cost of the plant is Rs.4.2 crore.

Extracted from NIE, Dec 16,’15

 

Bhel commissions thermal unit in West Bengal 


BHEL has added one more coal-based power plant to the grid by successfully commissioning a 500 MW thermal generating unit in West Bengal. The 500 MW - unit 3 was commissioned at the upcoming Sagardighi Thermal Power Extension Project of West Bengal Power Development Corporation (WBPDCL), located at Sagardighi in Murshidabad district. This is the first unit of Phase II (2x500 MW) of the power plant and the second unit is also in advance stage of completion.

Extracted from BS, Dec 16,’15

 

Barnala Steel Industries files IEM for a metallurgy unit in North India 


Barnala Steel Industries Private Limited has filed IEM for MS billets & ingots unit in Haridwar, Uttarakhand.

 

Vikram Solar expanding; to invest Rs. 500 crore to produce panels, cells 


Vikram Solar Pvt Ltd is planning to expand its solar panel manufacturing capacity (from the present 500 MW to 1 GW) at its Falta facility in Kolkata. The project will be executed in two phases in the next three years. Approximate cost of the project is around Rs.500 crore funded through internal accruals and borrowings. Further, it is also getting into production of cells.

Extracted from HBL, Dec 15 2015.

 

New medical colleges to come up in 58 districts: JP Nadda 


According to the Union Health and Family Welfare Minister, JP Nadda, the union government will set up new medical colleges in 58 districts across the country. These medical colleges are being established under a centrally sponsored scheme for 'Establishment of Medical Colleges attached with existing District/Referral hospitals'.

Extracted from ET, Dec 15,’15

 

Jain Irrigation gets land for agri-food park 


Jain Irrigation Systems Ltd is planning an integrated agriculture and horticulture park in dist.Kurnool, Andhra Pradesh on 623 acres of land. The Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC), the nodal agency for land allocation for industries, has allocated the land.

Extracted from HBL, Dec 15,’15

 

Softbank-Bharti venture wins 350 MW solar project in AP quoting Rs 4.63 


SBG Cleantech, a joint venture of the Japanese SoftBank Corp, Foxconn and Bharti Enterprises, has won an NTPC bid to put up 350 MW of solar projects in Andhra Pradesh and sell the electricity to NTPC at a tariff of Rs. 4.63 a kWhr. 

Extracted from HBL, Dec 15,’15

 

Fish selling complex to come up in city 


The Andhra Pradesh state government’s Fisheries Department has prepared a blueprint for two phase hygienic fish selling complex in Visakhapatnam. The complex will have 40 compartments-cum-counters for selling different types of fish. The proposal has been sent to the National Fisheries Development Board for funding. The two-phase project will need around Rs.7 crore.

Extracted from The Hindu, Dec 15,’15

 

Skipper commences production at new PVC unit in Assam 


Skipper Ltd has commenced production of PVC products at its new unit situated at Village Kahikuchi Gaon, Mouza - Dakhin Rani, Azara Revenue Circle in dist.,Kamrup (Metro), Assam. This is the Company's third manufacturing unit for PVC products after Kolkata and Ahmadabad, taking the Company's combined installed capacity for PVC products to 29000 MT.

Extracted from BSE Dec 14,’15

 

Vision Express store in Erode 


Vision Express, a 50-50 joint venture between Reliance Retail and GrandVision BV, launched its first store (500 sq ft) in Erode in Dec’15. With this, its network in Tamil Nadu has risen to 21 and across the country to 165.

Extracted from HBL, Dec 14,’15

 

R.M.N. Infrastructures Limited files IEM for ready mix unit in South India 


R.M.N. Infrastructures Limited has filed IEM for a ready mix unit in Rengareddy, Telangana.

 

 

Sidmak Laboratories files IEM for a pharma unit in Gujarat 


Sidmak Laboratories India Private Limited has filed IEM for a capsules unit in Valsad, Gujarat.

 

 

APIIC awaits clearance of Rs 537 crore project under VCIC 


The Andhra Pradesh Industrial Infrastructure Corridor (APIIC) is planning to improve infrastructure at the Atchuthapuram node in district Visakhapatnam of Andhra Pradesh under the Vizag Chennai Industrial Corridor. It has submitted a proposal for Rs 537 crore and is awaiting clearance from the Asian Development Bank (ADB) for the project.

Extracted from TNN, Dec 14,’15

 

Rising Stars Mobile files IEM for electronic manufacturing unit in Western India 


Rising Stars Mobile India Private Limited has filed IEM for pagers, cellular phones and mobile communication equipments unit in Thane, Maharashtra.

 

Zuari group lines up Rs 300 cr for MCFL to double capacity 


Zuari Group which acquired major stake in Mangalore Chemicals and Fertilizers Ltd (MCFL) is planning to expand phosphatic fertilizer manufacturing capacity to six lakh tonnes per annum from three lakh tonnes per annum at its Mangaluru plant in Karantaka. Zuari group has prepared the blueprint for expansion of MCFL and is looking to invest about Rs 300 crore on the project. The final decision will be taken in January.

Extracted from ET, Dec 13,’15

 

Micromax to invest Rs 300 cr 


Micromax is planning to set up mobile handset manufacturing units in Rajasthan, Telangana and Andhra Pradesh and will become operational over the course of next year.  It has received land allotment of 20 acres land in Telangana and the civil structure is almost ready. Similarly, in Rajasthan, it has received 25 acres land and construction will start in a few days. Andhra Pradesh unit would also start soon. It will invest about Rs. 100 crore on each of the new units.

Extracted from HBL, Dec 13,’15

 

Australian Firm to Set Up Power Plant in Anantapur 


Heliostat, an Australian concentrated solar technology firm, is planning to set up solar-cum-thermal power station in dist. Anantapur of Andhra Pradesh. The company would soon submit a detailed project report and would sign agreements with the government for the projects.

Extracted from NIE, Dec 13,’15

 

HRD Ministry ties up with Tata Group firms to set up IIITs under PPP mode 


The Union Human Resource Development (HRD) Ministry has signed a MoU with Tata Consultancy Services, Tata Motors, M/s ADCC Infocad, Nagpur and M/s Hubtown, Mumbai to set up three Indian Institutes of Information Technology (IIITs) in Ranchi, Nagpur and Pune on public-private partnership (PPP) mode. With this, the total number of IIITs on the PPP mode has gone up to 16, leaving 4 more to be set up for which scheduled has been fixed in the month of January 2016.

Extracted from ET, Dec 12,’15

 

Railways to install solar power plants at select railway stations 


The Tiruchi Railway Division has decided to establish grid connected solar power plants at three railway stations - Kumbakonam, Neyveli and Chidambaram besides the Running Room at Tiruchi in the next fiscal. It would be a back up for power being supplied by the Tangedco.

Extracted from The Hindu, Dec 12,’15

 

Ricoh to invest Rs 300 crore to set up data centre in Gujarat 


Ricoh India is planning a data centre and state-of-the-art business zone at its Gandhinagar facility in Gujarat. Approximate cost of the project is around Rs.300 crore.

Extracted from ET, Dec 11,’15

 

Shree Basant Oils files IEM for a palm oil unit in North India 


Shree Basant Oils Limited has filed IEM for a refined oil unit in Mathura, Uttar Pradesh.

 

Govt to set up pharma, medical devices parks 


According to Union Fertilizers Minister, Ananth Kumar, to boost the domestic pharmaceutical industry, the government is working on setting pharma products and medical devices parks in the country. He also added that the first ever medical devices park will be established soon.

Extracted from BS, Dec 11,’15

 

Triton Solar to set up $100-million manufacturing unit in Karnataka 


Triton Solar, a US-based nanotechnology company, is planning a nano technology powered solar panel manufacturing facility in Karnataka at an investment of $100 million. The LoI between the company and the state government has been signed in New York under the aegis of Invest Karnataka 2016.

Extracted from HBL, Dec 11,’15

 

Surya Roshini files IEM for steel pipe unit in South India 


Surya Roshini Limited has filed IEM for a galvanized and black steel pipe unit in Anantappur, Andhra Pradesh.

 

PVR opens multiplex at Velachery in Chennai 


PVR Cinemas has announced that it has launched its five screens multiplex at Grand Mall, Velachery in Chennai. The multiplex spread over in an area of 50,000 sq ft with a capacity of 1,275 seats. With this, PVR's total screens count stands at 482 of 108 properties pan-India spread across 44 cities. PVR had set a target to cross the mark of 500 screens this year.

Extracted from BS, Dec 11,’15

 

Pujari Agro files IEM for a power plant in Western India 


Pujari Agro LLP has filed IEM for a bagasse based co- generation power plant in Kolhapur, Maharashtra.

 

Sidmak Laboratories files IEM for a pharma unit in North India 


Sidmak Laboratories India (P) Limited has filed IEM for capsules manufacturing unit in Dheradun, Uttarakhand.

 

Gopalpur Port to open tomorrow 


The renovated Gopalpur Port will be inaugurated in Dec ’15. To load and unload cargo a 275 metre berth has been reconstructed and the 1,730-metre brake wall has also been repaired. Apart from the existing eight godowns with a capacity to accommodate 20,000 MTs of cargo, some additional godowns have been constructed to store 12,000 MT of cargo.

Extracted from NIE, Dec 11,’15

 

Adani to seek public nod for Chhattisgarh power plan 


Surguja Power Private Limited (SPPL), a subsidiary of Adani Mining Private Limited (AMPL), is planning 4x150-MW thermal power project in Chhattisgarh. The public hearing for the proposed project is scheduled to be held on December 30.

Extracted from BS, Dec 10,’15

 

BFCL Terminal files IEM for a storage terminal in Western India 


BFCL Terminal Private Limited has filed IEM for a liquid storage terminal in Kutch, Gujarat.

 

 

Canadian firm likely to set up 100 crore mobile handset unit 


DataWind, a Canadian largest low-cost mobile handset manufacturer, is planning a low cost mobile handsets manufacturing unit in Bihar. Approximate cost of the project is around Rs.100 crore.

Extracted from TNN, Dec 10,’15

 

Tata Power Solar commissions 12 MW rooftop project in Amritsar 


Tata Power Solar has commissioned a 12 MW solar rooftop project in a single premise at the Radha Soami Satsang Beas - Dera Baba Jaimal Singh in Amritsar, Punjab. The project is the largest solar rooftop plant in the world, set up in a single phase.

Extracted from HBL, Dec 10,’15

 

Chinese Leo Group keen to set up water pump-set unit in Hyderabad 


Leo Group Company Limited, a Chinese company, along with German business conglomerate Voith, is planning a water pump-set manufacturing plant in Hyderabad. Further, it has also partner with the government to share its technical know-how in building the irrigation projects.

Extracted from BS, Dec 10,’15

 

Safe Water Network, Honeywell India to set up iJal stations in Telangana 


Honeywell and Safe Water Network plans to install iJal stations in the backward regions of Karimnagar and Adilabad districts of Telangana. These stations will provide safe and affordable drinking water to those areas. Approximate cost to install a station is around $35,000 to $40,000.

Extracted from HBL, Dec 10,’15

 

Sukrohi International files IEM for headphone unit in Chattisgarh 


Sukrohi International Limited has filed IEM for a handsfree headphone unit in Raipur, Chattisgarh.

 

Biocons Syngene to set up $100-million plant at Mangaluru 


Biocon's custom research and manufacturing services arm, Syngene International, will set up a pharma ingredients and agrochemicals manufacturing plant at the SEZ in Mangaluru on 40 acres of land.It has finalized arrangements for the land and is awaiting statutory clearances for project initiation. Estimated cost of the project is around $100-million.

Extracted from TNN, Dec 10,’15

 

Winsol Solar files IEM for a power plant in South India 


Winsol Solar Fields ( Polepally) Private Limited has filed IEM for a solar power plant in Rengareddy, Telangana.

 

Amul to set up states second dairy unit 


Surat district co-operative milk producers union limited (SUMUL), which entered Goa market under the brand name of Amul, is planning to set up a second dairy at Kundaim in Goa. The Goa government has granted permission to SUMUL for the same.

Extracted from TNN, Dec 10,’15

 

Torrent Pharmaceuticals files IEM for tablets unit in Western India 


Torrent Pharmaceuticals Limited has filed IEM for a tablets unit in Gandhinagar, Gujarat.

 

Septage treatment plant next month 


Kerala Sustainable Urban Development Project (KSUDP) has set up a septage treatment plant at Brahmapuram.It will be inaugurated in January 2016.

Extracted from NIE, Dec 10,’15

 

Shoppers Stop opens new store at New Delhi 


Shoppers Stop Limited has announced that the company has opened its "Shoppers Stop" store at Janakpuri, New Delhi. With this, the company has now 76 "Shoppers Stop" (including five airport stores) stores under its operations.

Extracted from BSE, Dec 09,’15

 

Mash Agro Foods files IEM for a meat unit in Bihar 


Mash Agro Foods Limited has filed IEM for a frozen boneless bovine meat unit in Kishanganj, Bihar.

 

Government keen to set up second medical device industrial park at Mihan 


According to Union Minister, Nitin Gadkari, the government is "absolutely serious" about setting up the country's second exclusive medical device industrial park at Mihan SEZ. He has asked the Association of Indian Medical Device Industry (AIMED) to work out the details and other modalities of the project. Country's first proposed medical device park is coming up in Andhra Pradesh.

Extracted from ET, Dec 09,’15

 

Insecticides India to set up manufacturing plant for bio-products 


Insecticides India Limited is planning to set up a manufacturing plant to produce bio-products and will soon launch new products in biotechnology related to soil fertility and plant nutritions. It has also plans to set up R&D facility specifically for research in bio-technology.

Extracted from ET, Dec 09,’15

 

Canadian co Magna Intl sets up two units at Sanand 


Magna International Inc, a Canadian auto component maker, has commenced production at its two new manufacturing facilities at the vendor park near Ford Motor Co's facility at Sanand in Gujarat. The company will manufacture seat systems, body and chassis systems for Ford.

Exrtacted from HBL, Dec 09,’15

 

Vsun Mobile files IEM for mobile handset unit in Haryana 


Vsun Mobile Private Limited has filed IEM for a mobile handset/ mobile communication equipment unit in Rewari, Haryana.

 

Construction of Sewage Project Inaugurated 


The Kerala Water Resources Minister, P J Joseph, has inaugurated the construction of a sewage project in Thiruvananthapuram. The project will be implemented with two major lines between Thakaraparambu and Kottamathil in Sreekantesweram and distribution lines towards other areas of Sreekandeshwaram and Punnapuram. The project is being implemented at a cost of Rs.1.33 crore from the funds of the Kerala Water Authority and is to be completed by February 2016.

Extracted from NIE, Dec 09,’15

 

LNG-fired power plant at Brahmapuram likely 


Kerala State Electricity Board Limited (KSEBL) has issued a turnkey contract to Wärtsilä to set up a 40 MW LNG-fired power plant at Brahmapuram in June 2015. The plant is expected to be commissioned by April 2017.

Extracted from The Hindu, Dec 09,’15

 

RB Sugars files IEM for sugar plant in South India 


RB Sugars Limited has filed IEM for a white sugar unit in Raichur, Karnataka.

 

 

TUV Rheinland sets up automotive testing lab at Bengaluru 


TÜV Rheinland India, a subsidiary of TÜV Rheinland Group, Germany, a leader in testing, training, inspection, consulting & certification, has set up an automotive testing lab at Electronic City in Bengaluru. The lab will play a significant role in facilitating vehicle manufacturers and their vendors to test their products in order to continuously improve quality as well as meet local regulations in line with AIS standards.

Extracted from HBL, Dec 08,’15

 

Gasification plant to come up in one year 


According to Kerala Chief Secretary, Jiji Thomson, the waste-to-energy gasification plant at Brahmapuram would be functional within one year. Paper work for setting up the plant is in the final stage. Mumbai-based Ecosystem Service has started working on it.

Extracted from NIE, Dec 08,’15

 

NDDB to set up tomato, peas processing plant in Jharkhand 


National Dairy Development Board (NDDB) is planning to set up tomato and peas processing plant in Jharkhand within the next one year. Approximate cost of the project is around Rs.70 crore.

Extracted from FE, Dec 08,’15

 

BHEL to set up 5 MW solar power plant 


Bharat Heavy Electricals Limited is setting up a 5 MW solar power plant at its campus in Tiruchi, Tamil Nadu. The solar panels will be spread over an area of 25 acres. It plans to complete the project within six months. Approximate cost of the project is around Rs.30.76 crore.

Extracted from The Hindu Dec 08,’15

 

HI-Spin Industries files IEM for a textile unit in Western India 


HI-Spin Industries has filed IEM for a cotton yarn unit in Rajkot, Gujarat.

 

Vipul launches realty project in Gurgaon 


Vipul Limited has launched its new 19-acre project 'Aarohan' on the Golf Course Road, Gurgaon. The project constitutes three iconic towers with four apartments on each floor in each tower in phase-I. It also include facilities such as a sky deck, landscaped intermediated terraces, amphitheater, modern security solutions including synchronized fire fighting systems, CCTV surveillance in entire complex, smoke and heat detectors etc. Aarohan is being built with an investment of Rs. 1,500 crore.

Extracted from HBL, Dec 07,’15

 

5 food processing units get approval for registration 


The Gujarat state government has issued approval for registration of five industrial units in agro and food processing sector under the new Industrial Policy-2015 of the state. These five units will be established in rural areas of Sabarkantha, Kheda, Rajkot, Kutch and Vadodara districts with investments of Rs 144.7 crore.

Extracted from TNN, Dec 07,’15

 

Work Technology files IEM for an electronics unit in Chattisgarh 


Work Technology has filed IEM for electronics drivers, semiconductor chips & components unit in Raipur, Chattisgarh.

 

Welspun Renewables commissions 126 MW wind energy project 


Welspun Renewables has announced that it has commissioned a 126 MW wind power project in district Pratapgarh of Rajasthan. It has also said that Rs 840 crore was secured to build this mega wind capacity.

Extracted from ET, Dec 07,’15

 

New Era Enviro Ventures files IEM for a power plant in South India 


New Era Enviro Ventures has filed IEM for a solar power plant in Karimnagar, Telangana.

 

Telangana to develop 500-acre industrial park for Chinese firms 


The Telangana state government is planning to establish an industrial park exclusively for Chinese companies on 500 acres of land in the state. It has decided to allocate the land for the same.

Extracted from HBL, Dec 06,’15

 

Indian nutraceuticals market to double to $6 bn by 2020: Study 


According to the report titled 'Emerging Indian Nutraceutical' Market', by the industry body Assocham and business consultancy services firm RNCOS, the Indian nutraceuticals market is estimated to be USD 2.8 billion at present and is projected to touch to $6.1 billion by 2020 as consumers become more conscious towards health and fitness.

Extracted from BS, Dec 06,’15

 

Narendra Emporis files IEM for a textile unit in Western India 


Narendra Emporis Limited has filed IEM for a cotton yarn unit in Rajkot, Gujarat.

 

Inland waterways: Government setting up 30 water ports on the Ganga; Nitin Gadkari calls it game-changer 


According to the Minister of Road Transport and Highways, Nitin Gadkari, the union government is planning to set up 30 water ports on the Ganga as inland waterways, will be a "game- changer" for increasing exports and reducing cost of goods as well as passenger traffic in the country.

Extracted from ET, Dec 05,’15

 

Centre to set up 12 petrochemical complexes  


According to Ananth Kumar, Union Fertilizer Minister, the government is working on a policy to establish 12 more petrochemical complexes in order to have one complex in each 16 refineries, a move which could entail few lakh crore of investment.

Extracted from The Hindu, Dec 05,’15

 

Tata Consultancy files IEM for laboratory apparatus unit in Western India 


Tata Consultancy Services Limited has filed IEM for laboratory apparatus manufacturing unit in North Goa, Goa.

 

Axis Bank to open 10-15 branches in Northeast next year  


Axis Bank is planning to add 10-15 branches in Northeast region of India. Earlier, it has opened nine branches in the same region this year.

Extracted from ET, Dec 04,’15

 

VITS to open 8 new hotels by Jan 


VITS Luxury Hotels will unveil properties in Mumbai, Chakan, Nanded, Surat, Dahej, Ahmedabad, Chandrapur and Mangaluru by January. All the new properties will be managed under the franchisee model. The company has also plans 15 properties primarily in tier II and III cities within the next three years.

Extracted from HBL, Dec 04,’15

 

Kothagudem airport plan set in motion 


The Government of Telangana has proposed to establish a Greenfield airport at Village Punukuduchelka, Kothagudem in dist. Khammam on 1,600 acres of land. RITES Limited has submitted the pre-feasibility report. The state government has accepted the pre-feasibility report and allowed it to take up further stages of the project.

Extracted from The Hindu Dec 04,’15

 

Devgiri Synthetics files IEM for a textile unit in Rajasthan 


Devgiri Synthetics Private Limited has filed IEM for a synthetics fabric unit in Bhilwara, Rajasthan.

 

Cooperative bank to open eight new branches 


The Visakhapatnam Cooperative Bank is planning to open eight new branches, including two in the new capital region at Vijayawada and Guntur. It has also plans to set up a branch in Hyderabad, Kadapa and Kurnool. Further, it is waiting for RBI permission to set up a branch at Mangalagiri near Amaravati.

Extracted from The Hindu, Dec 04,’15

 

Fisheries research centre to come up in Vijayawada 


The Andhra Pradesh state government is planning to establish a Centre for Advanced Research in Fisheries (CARF) in Vijayawada with an investment of Rs.25 crore. It is also looking for ways to revive the Advanced Centre for Livestock Research at Pulivendula in dist. Kadapa.

Extracted from The Hindu, Dec 04,’15

 

Suzlon Energy files IEM for rotor blades unit in South India 


Suzlon Energy Limited has filed IEM for rotor blades (for wind turbine generator) unit in Anantappur, Andhra Pradesh.

 

Another Aerospace Park to come up in Hyderabad 


According to Telangana Industries Minister, Jupally Krishna Rao, the government will set up a second aerospace park on the outskirts of the Hyderabad. The park will come up on 1,000-acres of land area.

Extracted from The Hindu, Dec 04,’15

 

Sukrohi International files IEM for electric appliances unit in Chattisgarh 


Sukrohi International Limited has filed IEM for fan & exhaust unit in Raipur,Chattisgarh.

 

MoEF gives green nod to Dholera airport 


The Gujarat state government through Dholera International Airport Company (SPV) plans three phase greenfield airport near Navagam at Dholera, Ahmedabad on 1,426 hectares of land. The Union Ministry of Environment & Forest and climate change department (CCD) has awarded an environment clearance for the project and is also expected to receive in-principle approval from the Ministry of Civil Aviation of Government of India by January 2016. Estimated cost of the project is around Rs 1,712 crore, of which the first phase will cost Rs. 716 crore.

Extracted from BS, Dec 03,’15

 

Montblanc partners with Titan to set up retail operations in India 


International luxury Maison Montblanc with Titan Company Limited is planning to establish Montblanc’s luxury retail outlets in Mumbai, Delhi, Hyderabad and Pune in the next three months. It has also plans to open such outlets across India.

Extracted from HBL, Dec 03,’15

 

Chinese firm CMEPC keen to invest in industrial park in Odisha 


China Metallurgical Engineering & Project Corporation (CMEPC) along with Utkal Chamber of Commerce and Industry (UCCI) is planning an industrial park and a machine shop around the Kalinga Nagar industrial belt in Jajpur district and Athagarh in Cuttack district of Odisha. The expected investment at the park will be around 20 million dollars (Rs 120 crores) while the investment in the machine shop is pegged at around 10 million dollars.

Extracted from BS, Dec 03,’15

 

George Distributors files IEM for a textile unit in Odisha 


George Distributors Private Limited has filed IEM for a cotton yarn unit in Ganjam,Odisha.

 

Kidswear brand Poney to invest Rs 30 crore in India expansion, plans 25 more stores 


Malaysian kidswear brand Poney through Ajanta International Group, with which Poney has a master franchise agreement in India, is planning to open 25 more outlets across India over the next five years. It has plans to open three more stores in the NCR (National Capital Region) by the end of this financial year and two more in Mumbai by the end of 2016. It aims to open at least five stores each year.
Extracted from ET, Dec 02,’15

 

Azure Power inks pact with PEDA for 150 MW solar power project  


Azure Power has said that it has signed an agreement with Punjab Energy Development Agency (PEDA) for setting up of 150 MW solar power project under its Solar Policy Phase III. The power will be procured by the Punjab Power Corporation, which has been rated 'A+' by ICRA. 

Extracted from ET, Dec 02,’15

 

Polycab Wires files IEM for a cable unit in Western India 


Polycab Wires Private Limited has filed IEM for an auto cable unit in Panchamahals, Gujarat. 

Paranjape Schemes planning to build resort in the Konkan region 


Paranjape Schemes Constructions is planning to build a resort at Shrivardhan area in the Konkan region. It has already filed its Red Herring Prospectus and is looking to raise funds from the market. In addition to this, it is also to build clubs at its upcoming townships that are coming up in Pune, Blue Ridge and Forest Trails. 

Extracted from ET, Dec 01,’15

 

BPCL files IEM for an acid unit in South India 


Bharat Petroleum Corporation Limited (BPCL) has filed IEM for an acrylic acid unit in Ernakuam, Kerala.

 

Isuzu Motors to begin production from Sri City plant in April 


Isuzu Motors is setting up a pick-up trucks manufacturing unit at Sri City. The unit is under the final phase of construction and is expected to be ready by April 2016. Isuzu is investing Rs.3,000 crore in the facility  that will have an installed capacity of 50,000 units per annum initially and will touch 120,000 units at full capacity.

Extracted from HBL, Dec 01,’15

 

Gopsons Printers files IEM for kitchenware unit in Uttar Pradesh 


Gopsons Printers Private Limited has filed IEM for aluminium kitchenware item in Gautam Buddha Nagar,Uttar Pradesh.

 

 

DMIC, NEC set up logistics data bank 


Delhi Mumbai Industrial Corridor (DMIC) Trust and Japanese IT major NEC Corporation has signed a shareholders’ pact with 50:50 equity participation to establish a logistics data bank (LDB), Called DMIC Logistics Data Bank. The LDB will be operated by a special purpose vehicle that DMIC and NEC will jointly run. It will handle the tracking and viewing of container movement across all ports to the inland container depots (ICDs) and end-users. 

Extracted from HBL, Dec 01,’15

 

Sree Satyanarayana Spinning Mills files IEM for textile unit in South India 


Sree Satyanarayana Spinning Mills Limited has filed IEM for a cotton yarn unit in West Godavari, Andhra Pradesh.

 

JK Tyre opens three new exclusive showrooms 


JK Tyre and Industries has inaugurated three new showrooms - one steel wheels showroom in Jaipur (Rajasthan) and truck wheels showrooms in Yerraguntla (near Kadapa, Andhra Pradesh) and Hassan (near Mysore, Karnataka).

Extracted from ET, Nov 30,’15

 

Report on Nilachal Ispat expansion by Jan 


MMTC Ltd-promoted Nilachal Ispat Nigam Ltd is planning to expand its hot metal capacity from the present  1.1 to 5 million tonnes (MT) a year at its Kalinganagar plant  in Jajpur district of Odisha. In the first phase, it plans to double the capacity to 2.2 MT by 2020 at around Rs.6,000 crore and further ramp it up to 5 MT by 2025 for about Rs. 14,000 crore. Mecon, would submit the techno-feasibility report for the project by Jan’16.

Extracted from HBL, Nov 30,’15

 

ITC files IEM for a fast food manufacturing unit in Karnataka 


ITC Limited has filed IEM for a noodles unit in Kolar, Karnataka.

 

Burger King to have 45-50 outlets by end of the year 


Burger King, US-based quick service restaurant, is planning to expand its outlets to 45-50 from the current 34 by the end of the year in India.

Extracted from BS, Nov 30,’15

 

Government has received Rs 1.13-lakh crore electronic manufacturing proposals 


According to the Union Telecom Minister Ravi Shankar Prasad, the government has received156 proposals with investment of over Rs 1 lakh 13 thousand crore in the electronics manufacturing segment from major brands under the modified special incentive package scheme (M-SIPS). M-SIPS has been extended till July 2020, which was earlier valid till July 2017.

Extracted from ET, Nov 30,’15

 

Worf Technology files IEM for medical instrument unit in North India 


Worf Technology has filed IEM for a medical instruments unit in Raipur, Chattisgarh.

 

Syska LED, US co to set up plants in Telangana 


SYSKA LED is planning an LED lights manufacturing unit in Telangana on 50 acres of land. Further, Advanced Optronic Devices (AOD) of the United States has also met the Telangana Chief Minister to moot a proposal to set up a unit in the state.

Extracted from HBL, Nov 30,’15

 

Azure Power (Raj) files IEM for a power plant in Karnataka 


Azure Power (Raj) Private Limited has filed IEM for a solar power plant in Chitradurga, Karnataka.

 

Odisha Government to Set up 2601 Godowns in 3 Years 


The Odisha state government has set a target to construct 1,239 new fertilizer godowns and 1362 grain godowns at primary agricultural cooperative society (PACS) level in next three years in the state. The fertilizer godown will have a capacity of 100 tonne while grain godowns will be of 300 tonne each.The project is to be implemented under the Warehousing Infrastructure Fund (WIF) of the Nabard, the total project cost is pegged at Rs 736.5 crore. While WIF loan will be 95 per cent, the State Government’s contribution will be five per cent.

Extracted from NIE, Nov 30,’15

 

JSW Dharamtar Port gets nod to expand jetty facility in Raigad 


JSW Dharamtar Port Ltd (JSWDPL), a SPV of JSW Infrastructure Ltd, is planning a three phase expansion of its jetty facility at Village Dolvi in Raigad district of Maharashtra. It has proposed to expand the existing 331.5 metre jetty to 1,750 metre, which will increase the cargo handling from the current 9.69 million tonnes per annum (MTPA) to 33.95 MTPA. The project has received green clearance from the Environment Ministry. Approximate cost of the project is around Rs. 1,550 crore.

Extracted from ET, Nov 29,’15

 

Techno World files IEM for electro mechanical devices unit in North India 


Techno World has filed IEM for an electro- mechanical devices unit in Raipur, Chattisgarh.

 

Maradu plant to be commissioned by year end 


Kerala Water Authority (KWA) is implementing a 100-million-litres-a-day (MLD) water treatment plant at Maradu, Kochi. The plant is likely to be fully commissioned by the year end which was originally scheduled to be completed by 2010.Estimated cost of the project is around Rs.250 crore.

Extracted from The Hindu, Nov 29 2015

 

Mankind Pharma to invest Rs 200 crore to open 2 plants by mid-2016 


Mankind Pharma will open two pharma units one each in Rajasthan and Sikkim in the mid of 2016. The Behror facility in Rajashthan will focus on Active Pharmaceutical Ingredients (APIs), while Sikkim plant will focus on products for different segments of the firm. Approximate cost of the project is around Rs. 50 crore and Rs.150 crore respectively funded through internal accruals.

Extracted from ET, Nov 29,’15

 

Emami Paper to invest Rs. 1,000 cr more in Odisha 


Emami Paper Mills Ltd is planning to expand its high-end paper boards manufacturing capacity to 2.6 lakh tonnes from 1.32 lakh tonne in the next three years at its Balasore facility in Odisha with an investment of Rs.1000 crore. Currently the facility is under trial production, the facility would reach 75 per cent capacity utilization for four-layered paper board next month.

Extracted from HBL, Nov 29,’15

 

Chur Synthetics files IEM for a textile unit in Western India 


Chur Synthetics Private Limited has filed IEM for cotton & blended cotton textiles unit in Thane, Maharashtra.

 

 

Japan’s SoftBank to set up solar project at Bhadrawati 


SoftBank, a Japanese company, is planning a solar power project at Bhadrawati near Chandrapur in Maharashtra on 1000 acres of land. The Maharashtra state government has offered the land, which was once acquired for Ispat Group's 1,000MW thermal power plant.

Extracted from TNN, Nov 29,’15

 

Hager Electro files IEM for electrical items unit in Western India 


Hager Electro Private Limited has filed IEM for an electrical items unit in Pune, Maharashtra.

 

Bharat Forge to set up Rs.500-cr defence facility 


Bharat Forge of the Kalyani Group with a joint venture partner will set up a defence systems facility in Telangana with an investment of Rs.500 crore . The company is likely to announce the project early next year.

Extracted from HBL, Nov 27,’15

 

Chenxin Forging files IEM for forging unit in Rajasthan 


Chenxin Forging (India) LLP has filed IEM for metal forging unit in Jaipur, Rajashtan.

 

Tangedco plans to set up sub-station on Pachamalai 


The Tamil Nadu Generation and Distribution Corporation will set up a 33/11 KV capacity sub-station at Thenpuranadu on Pachamalai in Tiruchi. The work on the sub-station would be taken up once the process of land transfer completes.

Extracted from The Hindu, Nov 27,’15

 

Welspun Renewables files IEM for a power plant in South India 


Welspun Renewables Energy private Limited has filed IEM for a solar power plant in Kurnool, Andhra Pradesh.

 

Andhra Bank opens 41st branch at Dubba 


Andhra Bank has opened its 41st branch at Dubba in Nizamabad, Telangana. This is the sixth branch in the town and also plans to open two more branches in Nizamabad and three in Medak shortly.

Extracted from The Hindu, Nov 27,’15

 

NuPower Renewables commissions 30-MW wind project in Maharashtra 


NuPower Renewables has said that it has commissioned a 30 MW wind power project in Maharashtra. The project is built from end to end, on a self development basis with 2.05 MW wind turbines manufactured by NuPower with advanced German technology from Wind-to-Energy (W2E).

Extracted from ET, Nov 26,’15

 

Sunflower Embroidery has filed IEM for a textile unit in Western India 


Sunflower Embroidery Private Limited has filed IEM for a woven fabric unit in Thane, Maharashtra.

 

US food chain Burger King opens first outlet in Chennai 


Burger King, a US-based fast food chain, will open its first outlet in Chennai this month. It has also plans to open two more outlets in Chennai and is currently identifying suitable location in malls and high streets. It plans to invest around Rs. 1.75-2.5 crore per store.

Extracted from HBL, Nov 26,’15

 

Varron inaugurates Nagpur plant 


Varron Auto Kast has recently inaugurated the first phase of its integrated alloy plant in Nagpur. Spread across 110-acres, plant includes aluminium alloy manufacturing factory, aluminium pressure die-casting, aluminium extrusions, copper and a forging plant. It kicks off with an initial investment of Rs. 125 crore of the total planned outlay of Rs. 600 crore.

Extracted from HBL, Nov 26,’15

 

Natures First plans Rs.60 cr expansion 


Nature’s First India Private Ltd is planning to roll out coconut water and vegetable juices nationwide next year with an investment of Rs.60 crore.  Other details are not disclosed.

Extracted from The Hindu, Nov 26,’15

 

Marico files IEM for hair oils unit in East India 


Marico Limited has filed IEM for hair oils unit in Assam.

 

 

Govt keen to set up R&D centre for telecom products 


According to Union Telecom and IT Minister Ravi Shankar Prasad, the union government is keen on setting up a research and development (R&D) centre for testing of standards, methods, and certifications by high level of expertise. To be called National Accreditation Board for Telecom (NABT), it would have management body consisting of telecom experts to take care of specific and growing needs of both telecom and IT sectors.

Extracted from HBL, Nov 25,’15

 

Sneha Farms has filed IEM for feed unit in South India 


Sneha Farms Private Limited has filed IEM for poultry feed unit in Mahbubnagar, Telangana.

 

Steelcase launches dealership in India with Ahmedabad outlet 


Steelcase, US-based office furniture manufacturer has launched its first dealership outlet in Ahmadabad, India. It has also plans to open more such outlets under dealership model in places like Chandigarh showroom in near future.

Extracted from BS, Nov 25,’15

 

Sentini Sanitarywares files IEM for building product unit in Andhra Pradesh 


Sentini Sanitarywares Private Limited has filed IEM for a sanitary ware unit in West Godavari, Andhra Pradesh.

 

Vivekanand Cotspin files IEM for a cotton yarn unit in Western India 


Vivekanand Cotspin LLP has filed IEM for a cotton yarn unit in Mehsana, Gujarat.

 

Azure Power commissions 5-MW plant in Jaisalmer 


Azure Power has commissioned a 5-MW solar power plant at Sarkaritala, Jaisalmer in Rajashtan. Tt has signed a power purchase agreement with Solar Energy Corporation of India to supply power for the next 25 years. 

Extracted from HBL, Nov 24,'15

 

Miraj Pipes and Fittings files IEM for pipes unit in Rajasthan 


Miraj Pipes and Fittings Private Limited has filed IEM for PVC pipes unit in Udaipur, Rajasthan.

 

SPM Autocomp Systems files IEM for casting unit in Madhya Pradesh 


SPM Autocomp Systems Private Limited has filed IEM for iron and steel casting unit in Dhar, Madhya Pradesh.

 

Win Vision Eye Hospital to open 20 centers in 5 years 


Win Vision Eye Hospital has opened its first Eye care centre in Hyderabad. It has also plans to establish 20 such centers (four major hospitals and 16 small centres) at Karimnagar, Khammam in Telangana and Vijayawada, Visakhapatnam and Kurnool in Andhra Pradesh. These centers will be set up over the next 5 years with an investment of Rs.100 crore. Apart from the above states; it has also plans to enter Tamil Nadu and Karnataka.

Extracted from ET, Nov 24,’15

 

Airbus sets up BizLab in Bengaluru 


Airbus has inaugurated a BizLab in Bangalore its third after Toulouse, France and Hamburg, Germany. In parallel, Airbus has opened a first round of applications for start-ups seeking support in the region. Applications are open until December 9.

Extracted from BS, Nov 24,’15

 

Cerebra Integrated Technologies starts construction of E-Waste Recycling facility 


Cerebra Integrated Technologies is implementing its E-Waste Recycling Facility at Narsapura, Bangalore on 12 acres of land. The entire construction will be pre-fabricated to shorten the duration of the construction and plans to start trail production in about six month's time.

Extracted from BS, Nov 23,’15

 

Bihar State Power Generation Company files IEM for a power plant in Bihar 


Bihar State Power Generation Company Limited has filed IEM for a solar power plant in Aurangabad, Bihar.

 

Renault plans 240 dealerships by next year 


Renault India has inaugurated its dealership, Sri Mothukuri Motors Pvt Ltd, at Karimnagar in Telangana. It has also plans to increase the network of dealers from 190 now to 240 by next year.

Extracted from HBL, Nov 23,’15

 

MNR Cottons files IEM for a textile unit in South India 


MNR Cottons Limited has filed IEM for a cotton yarn manufacturing unit in Mahbubnagar, Telanaga.

 

Kolkata realty firm Siddha launches terrace skywalk 


Siddha Group, a Kolkata-based real estate developer has announced the launch of a first-of-its-kind terrace skywalk. It is a part of Siddha Galaxia. Called Starwalk, it has been conceived by architect JP Agarwal and will have a jogging track and other activity spaces. The second phase will have 1,000 apartments across eight blocks.

Extracted from HBL, Nov 23,’15

 

Lanco Solar inks pact with Chhattisgarh Govt for 100-MW plant 


Lanco Solar has signed an agreement with the Chhattisgarh Government for a 100-MW solar cell manufacturing plant at Rajnandgaon in Chhattisgarh on 250-acre special economic zone (SEZ). The project has all mandatory clearances.

Extracted from HBL, Nov 23,’15

 

Coimbatore to get more multi-level car parking facilities The Chennai Silks has set up fully automated eight-storey steel parking facility in Coimbatore. The facility has been completed in 70 days. Meanwhile, Coimbatore Medical College Hospital has a 


The Chennai Silks has set up fully automated eight-storey steel parking facility in Coimbatore. The facility has been completed in 70 days. Meanwhile, Coimbatore Medical College Hospital has also plans to set up a parking facility, but the proposal is in very nascent stage.

Extracted from The Hindu, Nov 23,’15

 

HSI Automotive files IEM for hose unit in South India 


HSI Automotive Private Limited has filed IEM for rubber hoses unit in Kancheepuram, Tamil Nadu.

 

Devgreen Infratech files IEM for alcohol plant in North India 


Devgreen Infratech Private Limited has filed IEM for ethyl alcohol plant in Bijnore, Uttar Pradesh.

 

 

KSEB clears Pazhassi Sagar project 


The Kerala State Electricity Board (KSEB) Limited grants administrative sanction for a 7.5 MW Pazhassi Sagar hydroelectric project in the state. Approximate cost of the project is around Rs.79.85 crore. The Union Ministry for Non-Conventional Energy would provide Rs.20 crore for the project.

Extracted from The Hindu, Nov 21,’15

 

Cochin Shipyard plans to raise Rs 600-700 cr 


Cochin Shipyard is planning to raise Rs 600-700 crore to support its Rs. 2,500 crore investment in the ship repair facility and a new dry dock. Earlier, government has approved the sale of a 10 per cent stake in Cochin Shipyard to restart its disinvestment programme.

Extracted from BS, Nov 21,’15

 

E & H Precision files IEM for a auto parts unit in Rajasthan 


E & H Precision India Private Limited has filed IEM for precision tools & auto parts unit in Alwar, Rajasthan.

 

Bosch India opens power tools facility 


Bosch India has formally inaugurated a power tools plant at Oragadam near Chennai. The two acre plant will manufacture angle grinders, impact and rotary drills, rotary hammers, marble cutters, air blowers, including motors for all the tools.

Extracted from HBL, Nov 20,’15

 

Deepak Nextgen Foods files IEM for aqua feed unit in South India 


Deepak Nextgen Foods and Feeds Private Limited has filed IEM for aqua feed (Fish & Prawn feed) unit in Krishna, Andhra Pradesh.

 

 

Cinepolis plans to open 85 more screens in India next year 


Cinépolis is planning to open 85 screens in India next year to take its total to 300, up from current 215. Recently, it has launched its latest multiplex (4-screen) in Kolkata .It has also plans to open another 4-screen multiplex in the next couple of months in Kolkata. Another 7-screen multiplex in the city is expected to come up in the next three years.

Extracted from HBL, Nov 20,’15

 

Wallams India Agro files IEM for power plant in Western India 


Wallams India Agro Products and Power Limited has filed IEM for co generation power plant in Sangli, Maharashtra.

 

 

Gujarat Refinery to set up a RO plant by March 2016 


Indian Oil is planning a Reverse Osmosis (RO) plant at its 13.7 MMTPA refinery in Gujarat. Mechanical completion of the RO plant is expected to be over by March 2016.

Extracted from ET, Nov 20,’15

 

Hartek starts 40-MW substation project in Madhya Pradesh 


Hartek Power has commissioned a 40-MW substation project for Amba Shakti Group near Banmore in Morena district of Madhya Pradesh. Hartek, an EPC company, executed the project which involves complete design, supply, installation, testing and commissioning of a 132-KV bay government substation and a 132/11 KV pooling station with two 20 MVA transformers.

Extracted from ET, Nov 20,’15

 

 

IOL Chemicals raises ibuprofen capacity to 6200 tpa 


IOL Chemicals & Pharmaceuticals Ltd (IOLCP), a producer of active pharmaceutical ingredients (APIs), has increased the production capacity of ibuprofen to 6200 tonnes per annum (TPA) at Barnala plant in Punjab. Expansion follows a de-bottlenecking project undertaken by the company at an estimated cost of Rs 24 crores.

Extracted from BS Nov 19,’15

 

ICMR's biomedical research centre in Hyderabad receives Cabinet nod 


The Department of Health Research in the Ministry of Health and Family Welfare through The Indian Council for Medical Research (ICMR) will set up a National Resource Facility for Bio-medical Research (NARF) at Genome Valley in Hyderabad on 102.69 acres of land. Estimated cost of the project is around Rs. 338.58 crore, and is expected to be functional by 2018-19. Union Cabinet has provided its approval for the same.

Extracted from BS Nov 19,’15

 

Reliance Group to develop 6000 MW solar park in Rajasthan 


Reliance Group is planning a 6000 MW solar power park in Rajasthan on 30,000 acres. The park will be setup over next six years. The park will be named as 'The Dhirubhai Ambani Solar Park'.

Extracted from ET, Nov 19,’15

 

Kajaria to open a new manufacturing unit in Andhra Pradesh 


Kajaria Ceramics Limited is planning a new vitrified tiles manufacturing unit in Andhra Pradesh. The plant is planned to be commissioned by 2017. Further, it has also plans to operationlize a new manufacturing facility at Virat Nagar, Rajasthan by Dec’15.

Extracted from ET, Nov 19,’15

 

Chinese firm Coolpad plans to set up R&D centre in Bengaluru 


Coolpad, a Chinese smartphone maker, is planning an R & D and design centre in Bengaluru, Karanataka. In the next three months it would rolls out $300-million investment plan for India. 

Extracted from HBL, Nov 17,’15

 

China's Trina Solar to set up Rs 2,800 crore plant in Andhra Pradesh 


Trina Solar, Chinese Company, specializes in manufacturing of crystalline silicon photovoltaic modules and system integration is planning a new plant at Atchutapuram in dist. Visakhapatnam of Andhra Pradesh with an investment of Rs. 2,800 crore. The MoU for the same has been signed with the Andhra Pradesh state government.

Extracted from ET, Nov 17,’15

 

Ikea to build smaller stores in India 


Ikea, the world’s biggest furniture retailer, is planning smaller stores in India. Typically, an Ikea store spreads over 350,000 square feet on a land of 10-15 acres. It has a two-level building with parking space for at least 1,500 vehicles, either in front of the building or under the building, depending on the land prices. The company has got an approval to invest Rs.10,500 crore for its India expansion.

Extracted from FE, Nov 17,’15

 

Anchor Electricals plans new unit in Uttarakhand 


Anchor Electricals Private Limited is planning a fan regulator, bell & dimmer unit in Haridwar, Uttarakhand.

 

Canara Bank to open 250 branches 


Canara Bank is planning to open 250 branches across the country in 2015-16. It has opened 1,000 branches in 2014-15, has 5,734 branches and 1,932 ATMs in the country.

Extracted from The Hindu, Nov 17,’15

 

Bannari Amman Spinning Mills to set up Garment Unit in Tamil Nadu 


Bannari Amman Spinning Mills is setting up a 6.2 million pieces per annum knitted garments unit at Palladam High-tech Weaving Park, Palladam in Tamil Nadu. The unit is expected to start production before the end of December 2015 and plans to run at full capacity between May 2016 and August 2016. Approximate cost of the project is around Rs.30 crore.

Extracted from FE, Nov 17,’15

 

Rajasthan Government Inks 37 MoUs for Tourism Sector 


According to S K Agrawal, Principal Secretary Tourism – Rajasthan, the state government has signed 37 MoUs worth Rs. 2,349 crore with investors in tourism sector. The MoUs signed were for setting up of hotel, resort, and museum, among others and will create job opportunities for over 6,000 persons.

Extracted from NIE, Nov 16,’15

 

National Collateral Management Service plans new facility in Bihar 


National Collateral Management Service Limited is planning a non- refrigerated warehousing facility  in Purnea, Bihar.

 

Canada-based Datawind may invest Rs 200 crore in two 4G device units in India 


Datawind, Canada-based low cost tablet and smart phone maker, plans to foray into the affordable 4G device segment by mid-2016 in India. It plans to set up two new manufacturing facilities with an initial investment of Rs. 200 crore in the country.

Extracted from ET, Nov 16,’15

 

Sutlej Textiles plans new unit in Himachal Pradesh 


Sutlej Textiles and Industries Limited is planning a cotton yarn and cotton blended yarn unit in Solan, Himachal Pradesh

 

TMC plans to set up micro hydel plants at 5 pumping stns 


The Thane Municipal Corporation is planning to install micro hydel plants at Mumbra, Rutu Park, Siddheshwar, Kalwa Jail and Jai Bhavani Nagar pumping stations in Thane. The entire project will be undertaken under the public-private partnership model where the contractor will be responsible for installing the mechanism and also share profits generated from the project. 

Extracted from TNN, Nov 15,’15

 

Hindupur Solar Park plans nee power plant in South India 


Hindupur Solar Park Private Limited is planning a solar power plant in Anantapur, Andhra Pradesh.

 

Tata Steel gets green nod for sand mining in West Bengal 


Tata Steel has received green clearance for mining of mineral sand, used in coal production, from the riverbed of Gowai in Purulia District, West Bengal with a proposed production capacity of 0.2 million tonnes per annum.  The capital cost of the project is Rs 20 lakh.
Extracted from ET, Nov 15,’15

 

Chhattisgarh’s first BPO centre comes up at Raipur 


Patra India BPO Service Private Limited has set up a Business Process Outsourcing (BPO) centre in Raipur, Chhattisgarh. It would work for financial insurance companies of the USA. This is the first such centre in the state.

Extracted from HBL, Nov 14,’15

 

Waaneep Solar plans new plant in Andhra Pradesh 


Waaneep Solar Private Limited is planning a solar power plant in Chittoor, Andhra Pradesh.

 

LNG terminal builder gears up for green hearing 


Krishna Godavari LNG Terminal Private Limited, a SPV of US-based VGS Group Inc., is planning a 3.6 MMT per annum liquefied natural gas terminal near the Kakinada Deep Water Port with an investment of Rs.1200 crore. It plans to conduct the environmental public hearing for the project at the office of the director of ports near the Kakinada beach on November 21. It has also plans to double the terminal’s capacity after two years of commencing operations.

Extracted from The Hindu, Nov 14,’15

 

Pyraa Flexipack plans new unit in South India 


Pyraa Flexipack Private Limited is planning a flexible packing material and laminates unit in Mysore, Karnataka.

 

Mani Group to invest Rs 110 crore in Nagaur organic resort 


Mani Group, a Kolkata based company, has signed a MoU with the tourism department of the Government of Rajasthan to set up an organic resort near Ajmer in the district of Nagaur, Rajasthan. Approximate cost of the project is around Rs.110 crore.

Extracted from ET, Nov 13,’15

 

Lanco Solar plans new unit in Chattisgarh 


Lanco Solar Private Limited is planning a photovoltaic solar cells unit in Rajnandgaon, Chattisgarh.

 

Indian Oil to expand Panipat naphtha cracking capacity to 1.2 million tpy by 2019 


Indian Oil Corporation is planning to expand its naptha crackers capacity to 1.2 million tonnes per year (TPY) at Panipat by 2019. The expansion would increase capacity of the cracker in the northern India from about 850,000 TPY.

Extracted from BS, Nov 13,’15

 

Devika Fibres plans new unit in Gujarat 


Devika Fibres Private Limited is planning a texturised yarn manufacturing unit in Surat, Gujarat.

 

Green nod for Tata Steel's Rs 185-crore expansion project in Odisha 


Tata Steel is planning to expand its Fe-Mn (Ferro Manganese) alloy plant from 0.0504 million tonnes per annum (MTPA) to 0.06 MTPA at its Joda plant in dist. Keonjhar, Odisha. It has also plans to set up a 0.06 MTPA silico-manganese plant and 0.05 MTPA manganese sinter plant in the same location. The company has received environmental clearances for all the above projects. The total project cost will be about Rs 185.58 crore.

Extracted from ET, Nov 12,’15

 

Dr. Reddys Laboratories plans new unit in Andhra Pradesh 


Dr. Reddys Laboratories Limited is planning a tablet manufacturing unit in Srikakulam, Andhra Pradesh.

 

Suryalakshmi Cotton Mills plans new unit in Western India 


Suryalakshmi Cotton Mills Limited is planning a denim fabric unit in Amravati, Maharashtra.

 

Packaging materials maker Vacmet India to set up Rs 1,580-crore unit in Dhar 


Vacmet India Limited is planning a three phase packaging materials unit at Ujjayani in Dhar, Madhya Pradesh on 65 acres of land. The first phase of the unit will be completed by January 2017. It has set a target to complete all three phases in five years. Approximate cost of the project is around Rs. Rs 1,580 crore.
Extracted from ET, Nov 09,’15

 

Mohini Organics plans new unit in Western India 


Mohini Organics Private Limited is planning a synthetic organic chemicals unit in Bharuch, Gujarat.

 

PWD plans to set up 18 sewage treatment units in Coimbatore district 


The Tamil Nadu Public Works Department (PWD) is planning to construct 18 micro sewage treatment plants at as many water bodies in Coimbatore. The cost of setting up a micro sewage treatment plant is nearly Rs.5 crore. The district division of PWD has already sent a proposal to state government and has begun working on the project with the city corporation engineers. 

Extracted from TNN, Nov 12,’15

 

Worth Peripherals plans new unit in Madhya Pradesh 


Worth Peripherals Private Limited is planning a corrugated boxes, sheet and rolls unit in Dhar, Madhya Pradesh.

 

APL Apollo aims to raise steel tubes capacity to 2.5 mn tonne by 2020 


APL Apollo Tubes Limited is planning to expand its ERW steel tubes manufacturing capacity from its current 1.05 (MT) million tonnes to 2.5 MT by 2020. It plans to achieve its capacity through brownfield expansion and setting up new facilities in Eastern India and Middle East.

Extracted from BS, Nov 10,’15

 

Vcarve Renewable Energy plans new power plant in South India 


Vcarve Renewable Energy Private Limited is planning a solar power plant in Mahabubnagar, Telangana.

 

Govt. nod for medical equipment park 


The Andhra Pradesh state government, in principle, has decided to develop a dedicated medical park to manufacture medical equipments in the state on 200 acres of land. The park will house a common manufacturing centre which would act as a hub for the SMEs sector enabling it to flourish as a cluster.

Extracted from The Hindu, Nov 10,’15

 

Indovation Tech to set up LED light manufacturing plant in Chhattisgarh 


Indovation Technologies Limited is planning an LED and street lights manufacturing unit at Naya Raipur in Chhattisgarh. The company has signed a MoU with Government of Chhattisgarh for the project. Estimated cost of the project is around Rs.25 crore.

Extracted from BS, Nov 09,’15

 

Minister to inaugurate STP at Sabarimala 


Vasco Environmental India Private Limited on behalf of Ramky Constructions Private Limited has constructed a modern sewage treatment plant (STP) near Malikappuram at Sabarimala, Kerala. Pithavadian and Partners Limited is the consultant for the project. The trial run of the plant is under progress. Estimated cost of the project is around Rs.22.5 crore.

Extracted from The Hindu, Nov 09,’15

 

Financial Software and Systems plans new unit in Maharashtra 


Financial Software and Systems Private Limited is planning a Data processing unit in Thane, Maharashtra.

 

Chhatisgarh signs MoUs worth Rs 1,093 on single day 


The Chhattisgarh Government has signed as many as 11 MoUs worth Rs 968 crore on a single day with 11 investors for manufacturing electronic components in the Electronic Manufacturing Cluster coming up in Naya Raipur. Another MoU of Rs 125 crore was signed in Food Processing Sector for establishment of cold chain in the state.

Extracted from Dailypioneer, Nov 06,’15

 

Renew Solar Energy (Karnataka) plans new power plant in Andhra Pradesh 


Renew Solar Energy (Karnataka) Private Limited is planning a solar power plant in district Prakasam, Andhra Pradesh.

 

Tata Sponge plans Rs 2,200-cr steel entry 


Tata Sponge Iron (TSIL), a Tata Group company which has a 4 MTPA (million) sponge iron plant in Odisha’s Keonjhar district, is planning to go for steel making, with an investment of Rs.2,200 crore. As part of the steel plant project, facilities like billet caster and waste-based power plant would be developed.

Extracted from FE, Nov 06,’15

 

BRS Solvex plans new unit in Rajasthan 


BRS Solvex Private Limited is planning mustard refined oil and vegetable oils unit in Alwar, Rajashtan.

 

Malabar Gold and Diamonds to set up gold and diamond manufacturing units 


Malabar Gold and Diamonds is planning to set up gold and a diamond jewellery manufacturing units in Ahmedabad and Kolkata by the end of this fiscal. Similarly, one diamond jewellery manufacturing in Mumbai has also planned which is expected to become operational in the middle of the next fiscal.

Extracted from ET, Nov 05,’15

 

Torrent Pharma commences operations at Dahej plant 


Torrent Pharmaceuticals Limited has sets up a formulation and API plant at Dahej in Bharuch district of Gujarat on 70 acres of land. The facility is being set up in a two phases. The Phase I will have an installed capacity of about 7,500 million tablets/capsules and 25 MT API per annum. Total investment made in the first phase of the plant is over Rs. 650 crore. Construction of Phase II will commence soon. Once completed, the total capacity will increase about 14,000 million tablets/capsules and 80 MT API per year.

Extracted from HBL, Nov 05,’15

 

Godavari Biorefineries launches new chemical plant 


Godavari Biorefineries Limited, biofuels and specialty chemicals manufacturer, has inaugurated a 4,000 tonnes per annum plant at Sakarwadi in Ahmednagar. The company had recently raised private equity from Mandala Capital; a part of the fund has been used for the plant.

Extracted from ET, Nov 05,’15

 

State to build new super expressway between Mumbai and Nagpur 


According to Maharashtra Minister of Textile and Public Works, Chandrakant Patil, the state government is going to build a six lane super expressway between Nagpur and Mumbai. The state has entered in to a pact with the centre to construct these roads and their endeavor would be to complete the road within three years.
Extracted from ET, Nov 05,’15

 

NIMHANS to Get Sub-speciality Centre 


National Institute of Mental Health and Neurosciences (NIMHANS) is planning a sub-speciality centre on neurosciences in Bengaluru. The centre will have 80 general beds, 20 special beds, 5 more operation theatres (OTs) and 25 ICU beds with ventilators. The hospital is likely to be operational within the next 15 months.

Extacted from NIE, Nov 05,’15

 

Terumo Penpol plans new unit in Kerala 


Terumo Penpol Private Limited is planning a laboratory apparatus manufacturing unit in Thiruvananthapuram, Kerala.

 

H&M to open second India store November 7 


H&M, Swedish fashion retailer, is planning to open its second Indian store at The Ambience Mall, Vasant Kunj in South West Delhi. This will be the brand's biggest Indian store so far with a total area of 28,000 sq ft on three floors. The first store was launched at the Select Citywalk mall at Saket in South Delhi.

Extracted from BS, Nov 04,’15

 

Basavashakti Papers plans new unit in Telangana 


Basavashakti Papers Private Limited is planning pulp, paper and paper board manufacturing unit in Medak, Telangana.

 

Anchor Electricals to invest Rs. 150 cr in manufacturing unit 


Anchor Electricals, a wholly-owned subsidiary of Panasonic Corporation, is planning a complete range of wiring devices manufacturing facility in Haridwar. Estimated cost of the project is around Rs.150 crore. Further, the company has also plans to double its manufacturing capacity in Haridwar by 2020.

Extracted from HBL, Nov 04,’15

 

RCom to invest $80 million to set up four data centres in India 


Reliance Communications (RCom) and its subsidiary Global Cloud Xchange (GCX) is planning to set up four data centres in India over the next 12 months. Approximate investment to be made is $80 million (around Rs 500 crore).

Extracted from TNN, Nov 04,’15

 

OPPO plans to open eight new stores 


OPPO, a Chinese device maker, is planning to open 8 exclusive stores across India in the states of Madhya Pradesh, Tamil Nadu, Kerala, Pune and Bangalore by end of this year. 

Extracted from ET, Nov 04,’15

 

Piaggio launches first Motoplex store in South Asia in Pune 


Piaggio, an Italian company, has launched its first Motoplex store in Pune, India. The Motoplex is a one-stop lifestyle store for three of the Italian group’s most prestigious two-wheeler brands — motorcycle brands Aprilia and Moto Guzzi, and the Made-in-India premium scooter brand Vespa. It has also plans to open such stores in the next two to three months in cities such as Hyderabad, Bengaluru and Chennai.

Extracted from HBL, Nov 04,’15

 

Sukhbir Agro Energy plans new plant in Uttar Pradesh 


Sukhbir Agro Energy Limited is planning a solar power plant in Lalitpur, Uttar Pradesh.

 

The Beer Cafe launches its fifth outlet in Mumbai 


The Beer Café has launched its fifth outlet, a 24-hours diner at the Chhatrapati Shivaji International Airport T2 in Mumbai. It will serve popular beverages, alongside international beers and delectable food. The diner comprises an eclectic collection of coffees, teas, smoothies, scrumptious breakfast and freshly baked products.

Extracted From TNN, Nov 03,’15

 

Cello Plast plans new unit in Daman 


Cello Plast is planning a glassware and tableware unit in Daman, Daman & Diu.

 

HP Enterprise to set up innovation hub in India 


Hewlett Packard Enterprise (HPE), the enterprise division of HP that became a separate company effective November 01, plans to open an innovation hub in India. The hub will help startups with technology, expertise in architecting solutions, and application testing.

Extracted from TOI, Nov 03,’15

 

Loulis Mills keen to set up processing unit in MP 


Loulis Mills, a Greek company, is planning a multi phase wheat-based food processing unit at Nimarni Food Processing Park in dist. Khargone of Madhya Pradesh. The company plans to invest Rs.72 crore in the first phase and Rs.350 crore in the second phase.

Extracted from BS, Nov 02,’15

 

HPCL, GAIL eye petrochemical plant in Andhra Pradesh 


Hindustan Petroleum Corp Ltd (HPCL) along with GAIL India Ltd is planning a 15 million tons a year refinery-cum-petrochemical plant at Visakhapatnam in Andhra Pradesh. GAIL is doing the feasibility studies as well as site selections. Cost, capacity and equity structure of the project will be decided after the studies are completed.

Extracted from ET, Nov 02,’15

 

Greaves Cotton plans new unit in South India 


Greaves Cotton Limited is planning pumpsets manufacturing unit in Vellore, Tamil Nadu.

 

Government-owned Air India mulling setting up Aviation University 


Air India is planning to set up an aviation university in Hyderabad. It plans to convert its Centre Training Establishment (CTE) in Hyderabad to a full-fledged aviation university by upgrading the existing facility on minimum investment. Air India has set-up a three-member committee to explore the prospects.

Extracted from ET, Nov 02,’15

 

Easy Exim plans new unit in Haryana 


Easy Exim Private Limited is planning button (All Types) manufacturing unit in Jhajjar, Haryana.

 

Visakhapatnam Port Trust to set up 10-MW solar power plant by March 2016 


The Visakhapatnam Port Trust (VPT) through Jakson Engineers Limited (Noida) is setting up a 10 MW solar power plant in Visakhapatnam. It plans to commission 2 MW solar power plant in its first phase by January 15, 2016, whereas the remaining 8 MW would be commissioned by March 20, 2016. Jakson Engineers Limited would maintain it for seven years. Total project cost is estimated at Rs 60 crore, including annual maintenance cost of Rs 2.5 crore.

Extracted from ET, Nov 01 2015

 

Srikalahasthi Pipes plans Rs. 100 cr capex 


Srikalhasthi Pipes Limited is planning to expand its ductile iron pipe production capacity from 2,25,000 TPA to 2,85,000 TPA in dist. Chittoor, Andhra Pradesh. The board has approved a capital investment of Rs. 100 crore for the same.

Extracted from HBL, Oct 31,’15

 

Prathiba Krushi Prakriya plans new unit in Maharashtra 


Prathiba Krushi Prakriya Limited is planning a skimmed milk powder unit in Pune, Maharashtra.

 

Fish hatchery to be set up in Rajakkamangalam 


The Nagarcoil district administration along with the department of fisheries is planning to establish fish hatchery at Rajakkamangalam. The hatchery will be established by the Tamil Nadu Fisheries University.

Extracted from The Hindu, Oct 31,’15

 

Rukmani Iron plans new unit in Uttarakhand 


Rukmani Iron Private Limited is planning M S Ignot/Billets unit in Haridwar, Uttarakhand.

 

Central drug testing lab to come up in Indore 


Central Drugs and Standard Control Organization (CDSCO) is planning to set up a drugs testing laboratory in Indore. The construction of the lab would start next year, and by 2017, the lab would be functional.

Extracted from ET, Oct 31,’15

 

Mahesh Edible Oil plans new unit in Rajasthan 


Mahesh Edible Oil Industries Limited is planning a mustard refined oil unit in Kota, Rajasthan.

 

KEF Infra Commission's Meridi Yen Project 


KEF Infra, the infrastructure arm of the Singapore-based KEF Holdings, has delivered India’s first wholly factory-made residential project called ‘MeridiYEN’ to Yenepoya University of Mangalore. The project, comprising three Eight-storey residential buildings covering an area of one lakh sqft, was completed in nine months.

Extracted from NIE, Oct 31,’15

 

Viveks opens exclusive outlets for kitchen, home accessories 


Viveks has opened two exclusive showrooms in Chennai in Oct’15. The stores have products ranging from glassware, ceramics, kitchen tools and gadgets to luggage. It has also plans to open such centre in Coimbatore soon.

Extracted from HBL, Oct 30,’15

 

P&G to set up planning center in Hyderabad 


Proctor & Gamble is planning to establish a planning center in Telangana. The centre would cater to the entire South Asia operations. The company will recruit 50 skilled professionals in the beginning and it would double its strength later. It has also plans to increase the number of employees at its manufacturing unit to 1,200 from the present 786 people.

Extracted from BS, Oct 30,’15

 

Horticulture market to come up at Sonipat at a cost of Rs 1,500 crore 


Haryana State Agricultural Marketing Board will set up India International Horticulture Market (IIHM) at Ganaur in Sonipat on 537 acres of land with an investment of Rs. 1500 crore. The process of selection of consultant for planning, development, marketing and management of IIHM has started.

Extracted from ET, Oct 30,’15

 

Govt to build food processing unit in Rudrapur 


The Uttarakhand state government is planning to build a food processing unit in Rudrapur. The unit will have all kinds of processing services including grading, color sorting, organic treatment for pest control, grinding, etc. It will be functional by next year. Estimated cost of the project is around Rs.10 crore.

Extracted from TNN, Oct 30,’15

 

Inox Air Products plans new unit in South India 


Inox Air Products Private Limited is planning a gaseous oxygen unit in Bellary, Karnataka.

 

Punjab to set up bio-ethanol refinery 


The Punjab state government has signed a MoU with a consortium of Beta Renewables, Novozymes and CVC India Infrastructure Pvt. Ltd for setting up a bio-ethanol refinery in the state during the Progressive Punjab Investor Summit, 2015.Estimated cost of the project is around Rs.950 crore.

Extracted from The Hindu, Oct 30,’15

 

Lupin plans new unit in Maharashtra 


Lupin Limited is planning an allopathic pharmaceutical preparation (Quetiapine Fumarate) tablets manufacturing unit in Nagpur, Maharashtra.

 

India to see average economic growth of 8.8% in next decade: D&B 


According to Dun & Bradstreet, India’s economic landscape is expected to undergo a major transformation over the next decade and is likely to achieve an average growth rate of around 8.8 per cent. The report further said that the services sector would continue to drive India’s growth momentum and the industrial sector is expected to witness double-digit growth.

Extracted from FE, Oct 29,’15

 

Videocon to invest Rs 500 cr to setup mobile assembly plant in Punjab 


Videocon Industries is planning to set up a new mobile handset assembly plant in Punjab. The plant will also manufacture set top boxes. Approximate investment to be made is around Rs.500 crore.

Extracted from ET, Oct 29,’15

 

VGN launches residential project in Chennai 


VGN Developers has launched ‘VGN Fairmont’, a residential project at Guindy in Chennai, Tamil Nadu. The project spread across 10-acres will offer over 1,300 apartments ranging from 637 sq ft to 1,721 sq ft. The apartments will be distributed across five towers of 14 floors each.

Extracted from HBL, Oct 29,’15

 

DMRC to implement Dahisar-DN Nagar metro project 


Delhi Metro Rail Corporation (DMRC) which has prepared the DPR for Dahisar to DN Nagar Metro-2 corridor will soon to implement the 18KM project in Maharashtra. The Rs 5,566 crore Dahisar to DN Nagar metro corridor is the first phase of the Dahisar-Charkop-Bandra-Mankhurd corridor. The DMRC has also been appointed interim consultants for the Rs 4,737 crore Dahisar (East) to Andheri (East).

Extracted from BS, Oct 29,’15

 

KPR Sugar Mills plans new unit in South India 


KPR Sugar Mill Limited is planning a knitted readymade garments unit in Tiruppur, Tamil Nadu.

 

 

200-acre MSME Industrial City to come up in Bengal: Mamata 


West Bengal Chief Minister Mamata Banerjee has announced that a 200-acre MSME Industrial City being set up in the name of Belur Shilpa Tirtha in Belur, Howrah. It will have state-of-the-art industrial park for all kinds of manufacturing activities and a world class logistics hub; with requisite social infrastructure for housing, education, healthcare and recreation/entertainment.

Extracted from NIE, Oct 29,’15

 

Gokul Agro Resources plans new unit in Western India 


Gokul Agro Resources Limited is planning a hydrogenated caster oil unit in Kutch, Gujarat.

 

International airport in Goa gets green nod 


The union government gave green nod for the development of greenfield international airport at Village Mopa in Goa. The project would be developed in four phases. In the first phase, the state government has proposed to develop one runway, with half parallel taxi-way, three runway exits by 2020 to accommodate annual passenger capacity of 4.4 million. Estimated cost of the project in Phase I would be Rs 1,500 crore.

Extracted from BS, Oct 29,’15

 

Gobind Sugar Mills plans new power plant in North India 


Gobind Sugar Mills Limited is planning baggase based power plant in Lakhimpur Kheri, Uttar Pradesh.

 

Fortis Healthcare to double bed capacity in Punjab 


Fortis Healthcare is planning to double its hospital beds capacity to 1,500 in Punjab, besides setting up a medical university in the state. Approximate cost of the project is around Rs.1,500 crore. Earlier, it has expanded its specialty oncology centre at Mohali in 2015. It has also bought additional land in Mohali to double its capacity.

Extracted from ET, Oct 28,’15

 

Tata Steel may scale up Kalinganagar capacity to 16 MTPA by 2025 


Tata Steel is planning to expand its steel manufacturing capacity to 16 MTPA from the proposed 6 MTPA at its Kalinganagar facility by 2025. In the first phase, Tata Steel is commissioning 3 MTPA. This unit is scheduled to be inaugurated on November 18 this year. The total cost for setting up 16 MTPA facility would be around Rs. one lakh crore compared to Rs 45,000 crore estimated for the 6 MTPA plant.

Extracted from BS, Oct 28,’15

 

NTPC's Vindyachal plant largest power generating station 


NTPC will commission a 500 MW Vindhyachal Super Thermal Power Station (VSTPS-Stage V) in district Singrauli of Madhya Pradesh on Oct 30,’15. Overall, the total commercial capacity of VSTPS, NTPC and the NTPC Group will become 4,760 MW, 38,442 MW and 44,443 MW respectively.

Extracted from ET, Oct 28,’15

 

Aviagen India Poultry plans new unit in South India 


Aviagen India Poultry Breeding Company is planning poultry farming and breeding unti in Tiruppur, Tamil Nadu.

 

MahaGenco plans 2,500 MW solar capacity through PPP mode 


MahaGenco is planning to increase its solar capacity to 2,500 MW from the present level of 180 MW under the public-private partnership (PPP) mode in the next three to five years. It has estimated a total investment of Rs 15,000 crore (with per-MW cost of Rs 6 crore) while requiring a total land of 12,500 acres. MahaGenco has appointed Gensol as its consultants to achieve the proposed capacity addition.

Extracted from BS, Oct 28,’15

 

Color Granito plans new unit in Western India 


Color Granito Private Limited is planning a vitrified tiles manufacturing unit in Gujarat.

 

Kochi set to emerge as cement hub 


Zuari Cement is planning to commence operations of cement terminal at Cochin Port Trust in November 2015. This is in addition to the Ultratech and Ambuja cement terminals in operation now. Besides, Penna Cement has begun construction works and decks have been cleared for the Kerala State-owned Malabar Cements to begin work on its proposed terminal.

Extracted from The Hindu, Oct 28,’15

 

Bhagwati Oxygen plans new unit in Jharkhand 


Bhagwati Oxygen Limited is planning liquefied or compressed industrial or medical gases manufacturing unit in East Singhbhum, Jharkhand.

 

ABIL, Versace to develop new project in South Mumbai 


ABIL (Avinash Bhosale Group) is planning an exclusive residential project on Hughes Road, South Mumbai. The residences with interior design by Versace Home will be the first of its kind in India, offering a selection of apartments with bespoke interiors, created under the artistic direction of Donatella Versace.

Extracted from HBL, Oct 27,’15

 

Hindustan Powerprojects Annuppur plant to start commercial operations 


Hindustan Powerprojects Private Limited is setting up a 1200MW thermal power plant at Anuppur, Chhattisgarh. The plant is ready for commercial operation with the company completing boiler light up test. Further, work on steam blowing and synchronisation of the project's second unit has begun.

Extracted from ET, Oct 27,’15

 

Rs 100 cr eye hospital to come up in Tirupati 


Aravind Eye Care is planning an eye hospital at Tirupati, Andhra Pradesh on 7 acres of land. The administration of Lord Venkateswara hill shrine has allotted the land. Approximate cost of the project is around Rs.100 crore.

Extracted from ET, Oct 27,’15

 

New Thermal Project to Power-up Telangana 


National Thermal Power Corporation (NTPC) is gearing up to construct stage I (2 x 800) MW power project at Ramagundam in Telangana on 235 acres of land. It will start work once it receives clearances from environment and forests ministry. The project is planned to be completed within three years. Central government has allotted Mandakini coal block in Odisha for the project. Approximate project cost is Rs 9954.20 crore.

Extracted from NIE, Oct 27,’15

 

TVS Motor Company plans new unit in South India 


TVS Motor Company Limited is planning motor cycles, scooters, mopeds and their engine manufacturing unit in Krishanagiri, Tamil Nadu.

 

IIL sets up vaccine facility in Telangana 


Indian Immunologicals (IIL), part of the National Dairy Development Board (NDDB), has set up a vaccine manufacturing facility at Karkapatla in district Renga Reddy of Telangana.  Approximate cost of the project is around Rs.250 crore.

Extracted from FE, Oct 27,’15

 

Dredging harbour works may begin in six months 


Dredging Corporation of India (DCI) would soon to set up a dredging harbour -cum-training centre at Antarvedi in East Godavari district of Andhra Pradesh on 200 acres of land. The construction work pertaining to the project will be commenced within six months from now. Approximate cost of the project is around Rs.1800 crore.

Extracted from The Hindu, Oct 27,’15

 

Nod for integrated sports complex 


The Andhra Pradesh state government has sanctioned an integrated sports complex project at Tirupti on 87.7 acres under public private partnership (PPP) mode. The Infrastructure Corporation of Andhra Pradesh (INCAP) has called for Request for Qualification-cum- Proposal and the last date for submission of bids will be October 30. Estimated cost of the project is around Rs.310 crore.

Extracted from The Hindu, Oct 27,’15

 

Maruti Suzuki to open 8 more NEXA outlets in Gujarat 


Maruti Suzuki is planning to open eight NEXA car outlets in tier two and three cities across Gujarat during the current financial year. The car major already has seven NEXA outlets in Gujarat spread in four major towns, Ahmedabad, Vadodara, Surat and Rajkot.

Extracted from HBL, Oct 26,’15

 

Malabar Gold plans diamond factory in Mumbai, gold unit in Dubai 


Malabar Gold & Diamonds is planning to build a diamond manufacturing unit in Mumbai and also a gold manufacturing unit in Dubai jointly with the UAE government. It plans to expand its manufacturing facilities at KINFRA Industrial Park, Kerala, as also at other industrial parks in states like West Bengal, Gujarat and Andhra Pradesh. The firm has also plans to expand its retail outlets to over 300 by 2020, including showrooms in Hong Kong and Indonesia.

Extracted from BS, Oct 26,’15

 

Hamleys eyeing presence in 25 Indian cities; opens Kolkata store 


Hamleys, the UK-based toy store, that entered India through a partnership with Reliance Lifestyle Holdings Ltd, is eying a presence in the top 25 cities in India. It plans to set up its stores in malls only.

Extracted from HBL, Oct 26,’15

 

HFCL to start Chennai optical fibre plant from Nov 15 


Himachal Futuristic Communication Ltd (HFCL) is setting up an optical fibres and telecom equipment manufacturing unit in Chennai, Tamil Nadu. The company is planning to start commercial production from November 15 2015.

Extracted from BS, Oct 26,’15

 

Uflex's aseptic packaging plant in Gujarat to go on stream in 2017 


Uflex Limited is setting up a multi phase aseptic packaging plant at Sanand in Gujarat. It is scheduled t be operationalize by April 2017.The company plans to invests around Rs.580 crore for its first phase, cumulative cost of the project is around Rs.1500 crore.

Extracted from BS, Oct 26,’15

 

PG Electroplast plans new unit in Uttar Pradesh 


PG Electroplast Limited is planning an air conditioning machines (including motor vehicle air conditions) manufacturing unit in Gautam Buddha Nagar, Uttar Pradesh.

 

Apar Industries plans new unit in Gujarat 


Apar Industries Limited is planning a thermoplastic elstomer (TPE) unit in Valsad, Gujarat.

 

Lava to invest Rs 500 crore to set up manufacturing facility in Andhra Pradesh 


Lava is planning a mobile handset and electronics manufacturing facility at Tirupati in Andhra Pradesh on 20 acres of land. It targets to manufacture five million phones a month once fully functional. The facility is scheduled to be operational in 2017. Approximate cost of the project is around Rs.500 crore.

Extracted from ET, Oct 25,’15

 

Energy-from-waste plant to come up in Satna, MP 


Madhya Pradesh state government is planning to set up energy-from-waste (EfW) plant in Rewa and Satna Municipal Corporations and Nagar Panchayat. For this, 50 acre barren land has been selected at Village Bandha. The plant will also produce organic fertilizers. Necessary formalities regarding the plant would be completed soon. 

Extracted from TNN, Oct 25,’15

 

Feasibility study on road to Talaimannar soon 


According to the Union Minister of State for Transport, Highways and Shipping, Pon. Radhakrishnan, the union government will soon carry out a feasibility study on establishing a road link between Rameswaram and Talaimannar in Sri Lanka. The government had begun consultations to carry out a feasibility study on various aspects of the project.

Extracted from The Hindu, Oct 25,’15

 

Telangana lines up Rs 405-crore plan for water supply in 11 cities 


The Telangana state government has proposed to enhance water supply in 11 cities under AMRUT (Atal Mission for Rejuvenation and Urban Transformation) in this financial year. The total plan outlay proposed for this financial year under AMRUT is Rs 415.51 crore. The government has submitted its state annual action plan (SAAP) in this regard to the Urban Development Ministry for consideration and approval. 

Extracted from ET, Oct 24,’15

 

Bokaro Steel Plant begins HR coil production 


Steel Authority of India has completed renovation of its hot strip mill at Bokaro Steel Plant (BSL) in Jharkhand with an investment of Rs.450 crores. At present it is producing 6,000 tonnes HR coils a day. Within a week this would be ramped up to level of 12,000 tonnes a day. The steel plant is also expected to complete Rs. 75 crore repairs and revamp work of its cold rolling mill within a month’s time.

Extracted from HBL, Oct 23,’15

 

Hindva Builders plans new industrial park in Western India 


Hindva Builders is planning a multi industrial park (for industrial units) in Surat, Gujarat.

 

Railways invites bids for Rs 1,200 cr Kanchrapara rail coach factory in West Bengal 


The Indian rail ministry is planning a Rail Coach factory (RCF) at Kanchrapara in West Bengal on 150 acres of land. The factory will manufacture and supply 500 electric multiple units (EMUs), mainline EMUs and metro coaches every year over a 10 year period. It has floated a global tender and the bidding process will be over in March 2016.

Extracted from BS, Oct 24,’15

 

Birla Ericsson Opticals plans new unit in Madhya Pradesh 


Birla Ericsson Optical Limited is planning an Ethernet cable manufacturing unit in Rewa, Madhya Pradesh.

 

Modern abattoir nearing completion 


The Union Ministry of Food Processing is setting up a modern abattoir through public-private partnership at Paradesipalem, Vishakapatnam. The plant has a capacity to slaughter 2,000 small animals and 1,000 large animals per day and would go on stream from November 01’15. For the Rs.36-crore project, the GVMC has provided 11 acres of land and the Ministry of Food Processing has sanctioned Rs.15 crore for it.

Extracted from The Hindu, Oct 24,’15

 

Plan to open 10 PHCs in Madurai 


According to Madurai Mayor, V.V. Rajan Chellappa, the Madurai Corporation has inaugurated a PHC at Karisalkulam under the National Urban Health Mission at a cost of Rs. 9 lakh. Further, the Mayor also said that the corporation is planning to open 10 primary health care centres (PHC) in the city.

Extracted from The Hindu, Oct 24,’15

 

Autotree opens showroom in Kochi 


Autotree, the auto lifestyle retail chain, has opened its first showroom in Kochi,Kerala. It will provide the latest auto accessories of global brands and services that a car needs under one roof. The company will open outlets at Kottayam in December and Kozhikode in January next year. Further, it has also plans to open 40 outlets by the end of FY16.

Extracted from HBL Oct 23,’15

 

Apollo Health plans to set up Diagnostics centres pan India 


Apollo Health & Lifestyle Ltd (AHLL), a wholly-owned subsidiary of Apollo Hospitals Enterprise Ltd (AHEL), is planning to set up 180 labs and 2,000 collection centres in next three years across India.It is planning to invest around Rs.700 crore and the company is in talks with private equity players to raise Rs 500 crore.

Extracted from BS, Oct 23,’15

 

Tata Motors launches bus dealership BusZone 


Tata Motors has inaugurated its first bus dealership 'BusZone' at Arumbakkam, Chennai. It would be equipped with a dedicated bus display area, professional sales and service teams, customer lounge including wi-fi connectivity and other services. It also has 12 bus bays, an effluent treatment plant and a service parking area. 

Extracted from ET, Oct 23,’15

 

Saanika Industrial Technopark plans new facility in Western India 


Saanika Industrial Technopark is planning a textile park in Surat, Gujarat.

 

Mercedes-Benz to expand manufacturing in India; seeks government support on tax concessions 


Mercedes-Benz India is planning to expand its manufacturing capacities in Pune, Maharashtra, India. But, the proposal may take forward depends upon getting tax concessions from the Maharashtra state government. The company is in the discussions with the state government for the same.

Extracted from ET, Oct 23,’15

 

Vivek plans Rs.40 cr investment in two years 


Vivek Limited is planning to open at least 15 stores in the next two years with an investment of Rs. 40 crore. The fund will be met through internal accruals and borrowings. The stores will offer its consumer electronics and home appliance products.

Extracted from The Hindu, Oct 23,’15

 

Water and sewerage plans worth Rs 2,786 crore in 89 AMRUT cities approved 


The Indian Urban Development Ministry has cleared plans worth over Rs 2,700 cr in 89 cities under Atal Mission for Rejuvenation and Urban Transformation (AMRUT). Sewerage projects got a lion share of Rs 1,471.07 cr followed by Rs 1,225 cr for water supply related schemes. These projects are coming up in the states of Andhra Pradesh, Gujarat and Rajasthan.

Extracted from ET, Oct 23,’15

 

Indian media & entertainment sector set to quadruple by 2025 


According to Boston Consulting Group and the Confederation of Indian Industry, the Indian media and entertainment sector could grow more than four times over the next decade with digital media playing a key role. The report said that the industry is projected to grow to between Rs 380,000 crore and Rs. 500,000 crore by 2025.

Extracted from Vccircle, Oct 23,’15

 

HSIL plans new unit in South India 


HSIL Limited is planning pipes & fittings unit in Medak, Telangana.

 

Embassy Group to build 200-mw solar power plant in Karnataka 


Embassy Energy, an Embassy Group company, is planning to start work on 200 MW solar power plant in Karnataka. It is in the process of applying approvals to the ministry of renewable energy. The plant will come up in two phases of 100 MW each with the total investment of Rs 1,400 crore. It is expected to be ready by 2017.

Extracted from ET, Oct 22,’15

 

Government plans Rs 5000-crore mega port in Tamil Nadu to reduce dependence on Colombo, Singapore ports 


The Indian government is planning to build 1 million twenty equivalent unit (TEUs) mega transhipment hub near Tuticorin in Tamil Nadu with an investment of Rs. 5000 crore. The capacity may be increased by four times in phases in coming years. The government is also planning five new ports in West Bengal, Maharashtra, Tamil Nadu, Karnataka and Andhra Pradesh with an investment of Rs.25000 crore. The government is getting the detailed project reports prepared for the same.

Extraxcted from ET, Oct 22,’15

 

Balasore Alloys plans new ferro chrome facility at Kalinganagar 


Balasore Alloys is planning a 0.4 MTPA ferro chrome facility at Kalinganagar in district Jajpur. The unit is expected to be commissioned in phases. The first phase of 0.2 MTPA is scheduled to be operational from 2019-20 before reaching full capacity level of 0.4 MTPA by 2020-21. Approximate cost of the project is around Rs.920 crore.

Extracted from BS, Oct 21,’15

 

Vivos Noida unit to become operational by month-end 


Vivo, Chinese smartphone maker, will start its operation at its Greater Noida facility by the end of Oct’15. The company has already invested Rs 125 crore in the first phase for the assembling unit, which will have capacity of over one million phones per month. The second phase investment will be made early next year for R&D and even manufacturing.

Extracted from TNN, Oct 18,’15

 

India Value Fund to invest up to $150 million in food business 


India Value Fund Advisors (IVFA), a Private Equity firm, is planning to invest between $100 and 150 million (about Rs 640 - Rs 970 crore) in the food business over the next two years. The firm is looking to back mid-size businesses in food business with focus on supply chain and ingredient business, packaged food business and food services business. 

Extracted from ET, Oct 20,’15

 

Jipmer plans telemedicine centre at Sabarimala 


The Jawaharlal Institute of Medical Education and Research (Jipmer) is planning telemedicine centres at Sabarimala, Kerala. It has identified possible locations to set up such centres at Pampa, Government Cardiology Centre in Neelimala and Government Dispensary in Sannidhanam.

Extracted from The Hindu, Oct 20,’15

 

Waaree Energies commissions solar power plant for Roha Dyechem 


Waaree Energies Ltd has said that it has commissioned a 27.5MW DC solar power plant for Roha Dyechem Pvt Ltd at Bhadla solar park in Rajasthan.  The project was allocated to Roha Dyechem Pvt Ltd under the Rajasthan Solar Policy 2011 (Phase 1) with a 25-year PPA (power purchase agreement) with Rajasthan Renewable Energy Corporation Limited (RRECL). The plant spread over 125 acres and has been commissioned in 116 days.

Extracted from BS, Oct 19,’15

 

Alstom Transport inaugurates global IT centre in Bengaluru 


Alstom Transport has inaugurated a new global IT centre in Bengaluru.  The centre will carry operations related to IT systems such as data centre, business applications and networks.

Extracted from ET, Oct 19,’15

 

Kalyan Jewellers invests Rs. 50 crore in 2nd showroom in Pune 


Kalyan Jewellers is planning to set up its second showroom at Magarpatta in Pune, Maharashtra. This is Kalyan's 86th jewellery showroom in India. Approximate investment made for the showroom is around Rs. 50 crore. The company has also plans to have 100 showrooms by the end of fiscal 16.

Extracted from HBL, Oct 19,’15

 

Venkateshpura Sugar plans new unit in Western India 


Venkateshpura Sugar Mills Limited is planning an ethanol manufacturing unit in Pune, Maharashtra.

 

Zhongtong plans Rs 250 cr bus manufacturing facility at Andal 


Zhongtong, Chinese bus manufacturer and supplier, is planning a bus manufacturing facility at Andal, Aerotroplis, near Durgapur in West Bengal on 15 acres of land. It plans to produce 1,500 buses annually. The construction work is expected to commence from January 2016. Approximate cost of the project is around Rs.250 crore.

Extracted from BS, Oct 16,’15

 

Sri Mouli Textiles plans new unit in South India 


Sri Mouli Textiles Private Limited is planning a spinning unit in Guntur, Andhra Pradesh.

 

Medical Devices park to be set up in city 


The Kerala State Council of Science, Technology and Environment (KSCSTE) in collaboration with Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST) and Kerala State Industrial Development Corporation is in the process of establishing a medical devices park in Thriuvananthapuram, Kerala.

Extracted from NIE, Oct 17,’15

 

Lloyd Electric & Engineering plans new unit in Uttarakhand 


Lloyd Electric & Engineering Limited is planning an air conditioners manufacturing unit in Udhamsinghnagar, Uttarakhand.

 

Apollo cancer hospital opens new unit in Kolkata 


Apollo Gleneagles Cancer Hospital has opened the ‘Department of Leukemia’ facility in Kolkata, West Bengal. According to Apollo, extreme fatigue, shortness of breath on exertion, infection, not responding to antibiotics, bone pain and unexpected bleeding are symptoms of leukemia. This is due to replacement of normal blood cells (red cells, white cells and platelets) by leukemic cancer cells. 

Extracted from HBL, Oct 15,’15

 

Hindustan Enviro Life plans new unit in Western India 


Hindustan Enviro Life Protection Services is planning a common incineration facility in Anand, Gujarat.

 

Vinait Organics plans new unit in Maharashtra 


Vinait Organics Limited is planning N-Propyl Benzene facility in Raigad (Kulaba), Maharashtra.

 

Medanta to invest Rs 1,000 crore in Lucknow hospital project 


Medanta Group is setting up a 1000 beds super-specialty hospital on 12 acres in Lucknow, Uttar Pradesh. It plans to start the OPD (Out Patient Department) facility in our hospital in the next one year and launch other major services in the next 18 months. It would invest around Rs.1000 crore for the project.

Extracted from BS, Oct 15 2015

 

First of 2 Hinduja power plants set to become operational 


Hinduja Group is setting up two power plants in Visakhapatnam district of Andhra Pradesh. The plant named as Vizag Hinduja Power Plant will have 520 MW each. First project will become operational by the month-end itself, the other will become operational by December 30’15. Estimated investment of the project is around Rs. 8,000 crore.

Extracted from TNN, Oct 15,’15

 

About 3,000 Jan Aushadhi stores to be opened in two years 


According to the CEO of the Bureau of Pharma PSUs of India (BPPI) M D Sreekumar, within the two months around 184 Jan Aushadhi stores would be opened in various states and union territories in India. Further, at least 3,000 Jan Aushadhi stores will be opened in two years across the country.

Extracted from ET, Oct 15,’15

 

Chumbak expands its retail network, forays into apparel 


Chumbak, a design-led lifestyle brand, is planning to have a network of 50 stores across India by the end of next year. At present it has 12 stores in six cities, including one in Mumbai. The company plans to have four stores in Mumbai in six months.  The company has just added apparels to its portfolio by launching a fashion apparel line branded as “Collection One” for men and women.

Extracted from The Hindu, Oct 25,’15

 

Government considering proposal to build a new Greenfield expressway 


According to Nitin Gadkari, Union Road Transport and Highways Minister, the government is planning a 261 KM Greenfield expressway between Delhi and Jaipur. Around 2800 hectares need to be acquired for the project and the land acquisition will be the tune of Rs. 18,000 crore. Approximate cost of the project is around Rs.32,800 crore.

Extracted from BS, Oct 15 2015.

 

ABIS Exports plans new unit in North India 


ABIS Exports (India) Private Limited is planning a poultry feed manufacturing unit in Chattisgarh.

 

Sinotruk plans to set up new assembly plant in Telangana 


Overland Trucking, Hyderabad based company, is planning to set up an assembly plant for Sinotruck (Chinese heavy duty truck manufacturer) in Telangana. The plant will manufacture heavy duty, medium and light trucks, buses, special purpose trucks and military trucks. At present, it is negotiating with the Telangana government for about 20 acres of land. The plant is likely to be operational by end of 2016. Approximate investment to be made for the plant is around Rs. 150 crore.

Extracted from FE, Oct 15,’15

 

NIPER to set up Rs. 500 cr campus at Gandhinagar 


National Institute for Pharmaceutical Education Research (NIPER) is planning to set up a state-of-the-art campus at Village Chiloda near Gandhinagar in Gujarat on 80 acres of land. The construction work at the campus will be completed by 2017. Estimated cost of the project is around Rs.500 crore.

Extracted from HBL, Oct 14,’15

 

Eximiius Autocomps plans new unit in Western India 


Eximiius Autocomps Private Limited is planning an automobile parts & accessories (for 2, 3 & 4 wheelers from sheet metals) manufacturing unit in Aurangabad, Maharashtra.

 

Herman Miller opens new facility in Bengaluru 


Herman Miller, a US-based furniture company, has inaugurated its production facility at Bidadi near Bengaluru in Karnataka. It plans to double sales in India to around $60 million in the next four years. 

Extracted from ET, Oct 14,’15

 

Gujarat CM to lay foundation stone for GSECLs 800 MW power plant 


Gujarat State Electricity Corporation (GSECL) is setting up an 800 MW super critical thermal power plant at Vanakbori in the Kheda district of Gujarat.  It has issued an EPC contract to Bharat Heavy Electrical Limited for the same.

Extracted from HBL, I4,’15

 

GHMC Gives Permission for Building 119 Model Markets 


The Greater Hyderabad Municipal Corporation is planning to construct 170 model markets in various places of the city. It has issued permission for 119 such markets and tenders will be floated shortly. An allocation of Rs 130 crore has been made and Rs 60 lakh will be spent on each market.

Extracted from NIE,Oct 14,’15

 

Odisha to renovate 3 hydro projects 


The Odisha state government has decided to renovate two units of Hirakud, one unit of Chipilima and all six units of Balimela hydro power plants in the state. The government will spend Rs. 65.76 crore for Chipilima and Rs.664 crore for Balimela power plant for the same.

Extracted from  TNN, Oct 14,’15

 

Unichem Laboratories plans new unit in Western India 


Unichem Laboratories Limited is planning an active pharmaceutical ingredient manufacturing unit in Kolhapur, Maharshtra.

 

Rajasthan signs MoUs worth Rs 12,478 cr 


The Rajasthan state urban development and housing (UDH) department has signed MoUs worth Rs 12,478 crore ahead of the Resurgent Rajasthan. It is expected that employment for over 38,950 people will be generated and investments will provide a boost to urban development, tourism and social development sectors in the state.

Extracted from TNN, Oct 14,’15

 

Kanodia Infratech plans new unit in Eastern India 


Kanodia Infratech Limited is planning a cement manufacturing unit in Bihar.

 

 

IOCL likely to commission Paradip refinery in Jan 


Indian Oil Corporation Limited is setting up 15 million metric tonne per annum (MMTPA) refinery unit at Paradip, Odisha. It is scheduled to be commissioned by Jan 16. The company  has also proposed to invest another 40,000 crore in Paradip for developing an LPG import terminal, a marketing terminal, a south jetty and other associated facilities.

Extracted from TNN, Oct 14,’15

 

NHPC to set up 50 MW solar power project in Tamil Nadu 


NHPC Limited will set up a 50 MW solar power plant near Madurai in Tamil Nadu. NHPC will soon sign a power purchase agreement for the purpose with Tamil Nadu Generation and Distribution Corporation Limited. The project is planned to be completed by the end of this fiscal. Approximate cost of the project is around Rs.300 crore.

Extracted from ET,Oct 13,’15

 

Sakata Inx plans new unit in Gujarat 


Sakata Inx India Private Limited is planning ink (for printing) manufacturing unit in Bharuch, Gujarat.

 

HSIIDC to set up mega food park in Barhi 


Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) is setting up a mega food park at Barhi in Sonipat. The project has been approved in principle for the central grant of Rs 50 crore from the Union government. Approximate cost of the project is around Rs.177 crore.

Extracted from TNN, Oct 13,’15

 

Hindustan Copper Limited decides to expand at the Surda copper mine in Jharkhand 


Hindustan Copper Limited (HCL) is planning to expand its Surda copper mine in Jharkhand. The project will be taken up by Aussie mining company, India Resources Limited (IRL) through its wholly owned subsidiary, India Resources Copper Mining Private Limited (ICMPL). The Surda Expansion project will run for five years and run concurrent to the work order for Surda Copper mine operated by IRL.

Extracted from ET, Oct 13,’15

 

Wirtgen India plans new unit in Maharashtra 


Wirtgen India Private Limited is planning a soil compactor unit in Pune, Maharashtra.

 

Industrial production growth at a 3-year high of 6.4% in August 


According to Central Statistics Office (CSO), Industrial production in India has increased 6.4 per cent in August 2015. Production in the mining, manufacturing and electricity sectors grew at 3.8 per cent, 6.9 per cent and 5.6 per cent, respectively, in August as compared to the previous year period. Fifteen out of the 22 industry groups in the manufacturing sector have shown positive growth during August 2015 compared to the corresponding month of the previous year.

Extracted from Domain b.com, Oct 12,’15

 

Maheswari Mining and Energy plans new power plant in South India 


Maheswari Mining and Energy Private Limited is planning a solar power plant in district Rengareddy, Telangana.

 

Virgo Valves & Controls plans new unit in Maharashtra 


Virgo Valves & Controls Private Limited is planning triple offset valves, actuators and valve automation unit in Pune, Maharashtra.

 

AP signs MoUs for projects worth over Rs. 1,200 crore 


The Andhra Pradesh state government has said that it has signed eight MoUs which would bring investments of over Rs. 1,200 crore. Proposals involve setting up of an amusement park and water world parks at Vijayawada, Tirupati and Visakhapatnam at an estimated cost of Rs. 800 crore. Besides, four investor firms have been given provisional registration certificates for their proposed hotel projects.

Extracted from The Hindu, Oct 12,’15

 

Effluent treatment plant to be set up near silk park: TNPCB 


The Tamil Nadu Pollution Control Board is planning a zero-liquid discharge Effluent Treatment Plant (ETP) at the proposed Perarignar Anna Handloom Silk Park (PAHSP), Kizhkathirpur. The plant can able to treat around 3,700 kilolitres of effluent generated from the dyeing units to be set up in the 75-acre PAHSP. 

Extracted from The Hindu, Oct 11,’15

 

Kohler mulls increasing production capacity in India 


Kohler is planning to expand its kitchen and bath fittings manufacturing capacity in India. It is also planning to set up 350 stores across 100 cities in the country. In the next 2-3 years it is planning to add 50-60 cities and 60-90 stores every year.

Extracted from ET,Oct 11,’15

 

KBJNL to install solar panels at Mulawad 


Krishna Bhagya Jal Nigam Limited (KBJNL) is planning to generate a 10 MW solar power by installing solar panels on 10 km-long canals of Mulawad life irrigation project. It has already prepared a project report of Rs. 70 crore, and submitted to the Union government for subsidy.

Extracted from The Hindu, Oct 11,’15

 

PM Narendra Modi lays foundation stone of JNPT's Rs 7,900 cr 4th terminal 


Jawaharlal Nehru Port Trust (JNPT) is setting up fourth terminal in its port premises. The two phased project is being executed by Bharat Mumbai Container Terminal, a subsidiary of Port of Singapore, on a design, built, fund, operate and transfer basis. Approximate cost of the first and second phase of the project is around Rs. 4,719 crore & Rs 3,196 crore, respectively. The project is expected to be completed by the end of 2017. Prime Minister Narendra Modi has laid the foundation stone for the project.

Extracted from ET, Oct 11,’15

 

CONCOR to set up container yard near Nanjangud 


The Container Corporation of India (Concor) is planning to establish an inland container yard at Kadakola near Nanjangud, Karnataka on 15 acres of land. Land has been identified and the work on laying a track would commence in due course. The initial cost of the project is pegged at Rs.15 crore and depending on the response the facilities will be upgraded depending on the usage.

Extracted from The Hindu, Oct 10,’15

 

Paradip-Durgapur LPG link to be ready by next year: Indian Oil Corporation 


Indian Oil Corporation (IOC) is setting up two LPG import terminals at Kochi and Paradip ports. The Paradip to Durgapur stretch of the pipeline will be ready by the next year. IOC is also setting up an LNG terminal at Dhamra port in Odisha with a capacity of five million tonnes at a cost of Rs 690 crore.

Extracted from ET,Oct 10,’15

 

Devi Sea Foods plans new unit in Andhra Pradesh 


Devi Sea Foods Limited is planning a prawn frozen unit in district Prakasam, Andhra Pradesh.

 

Cosmos Films to invest Rs.200 cr in new polypropylene line 


Cosmos Films, a leading packaging solutions provider, is planning to put up a new line for producing 65,000 tonnes of bi-axially oriented polypropylene (BOPP) films at its existing facility at Vadodara, Gujarat. It will complete the new line by January 2017. Estimated cost of the project is around Rs.200 crore. The company intends to raise a debt of Rs.140 crore and fund the rest from internal accruals.

Extracted from HBL, Oct 09,’15

 

Shivam Electrical plans new unit in Maharashtra 


Shivam Electrical Private Limited is planning an electrical control panel unit in Greater Mumbai, (Mumbai), Maharashtra.

 

 

All food parks will be operational in next 3 years: Harsimrat Kaur Badal 


According to the Union Minister, Harsimrat Kaur Badal, all the 42 mega food parks sanctioned by the government will be fully operational in the next three years. Five parks are fully functional so far, of which the last three became commercial in the past one year, and rest of the parks are in various stages of completion.

Extacted from ET, Oct 09,’15

 

Ushodaya Enterprises plans new unit in South India 


Ushodaya Enterprises Private Limited is planning a printing and publication of news paper unit in Chittoor, Andhra Pradesh.

 

Krishna Antioxidants plan new unit in Gujarat 


Krishna Antioxidants Private Limited is planning a demulsifiers unit in Bharuch, Gujarat.

 

TS Genco commissions unit-2 of Lower Jurala Hydel Project at Revulapally 


The Telangana State Power Generation Corporation Limited has commissioned the 40 MW, unit 2 of the Lower Jurala Hydro Electric Project on the river Krishna in Oct’15. This is part of the 6x40 MW hydel project being implemented by TS Genco at Village Revulapally in dist, Mahabubnagar of Telangana.

Extracted from HBL, Oct 08,’15

 

National Aluminium Company plans new unit in Odisha 


National Aluminium Company Limited is planning a bauxite mining unit in Koraput, Odisha.

 

Krizz to invest Rs 980 cr to open 53 B2B showrooms by FY17 


Business-to-business jewellery firm Krizz, a unit of Kanish Gold, is planning to set up 50 showrooms in India and one each in Dubai, Singapore and Malaysia in 2015-17. Approximate investment to be made is around Rs. 980 cr.

Extracted from ET, Oct 08,’15

 

Shriram Foundry plans new unit in Maharashtra 


Shriram Foundry Private Limited is planning C I castings & S G iron castings unit in Kolhapur, Maharashtra.

 

Bandhan Bank to add 105 branches in next five months 


Bandhan Bank, Newly-opened private sector bank, is planning to open 105 more branches in next five months as part of its expansion drive. The bank, which started operations on August 23, has 523 branches at present.
Extracted from ET, Oct 08,’15

 

Welspun Renewables commissions 32 MW solar project in Bhatinda 


Welspun Renewables has commissioned a 32 MW solar photo-voltaic power plant in Bathinda, Punjab. The company has also said that in next few years, it will be setting up 5 GW capacities, and of this 1 GW will be commissioned well within 2015-16.It has also signed an MoU for setting up an additional 151 MW solar capacity in Punjab.

Extracted from ET, Oct 08,’15

 

Dunung Industries plans new unit in Maharashtra 


Dunung Industries Private Limited is planning a casting unit in Kolhapur, Maharashtra

 

MRPL, NMPT sign MoU to study feasibility of setting up LNG re-gasification unit 


Mangalore Refinery and Petrochemicals Ltd and New Mangalore Port Trust (NMPT) have signed a MoU to study the feasibility of setting up an LNG re-gasification terminal at Mangaluru. The study will include other associated studies to identify the most suitable location for the facility, and to consider the option of setting up LNG terminal/floating storage regasification unit (FSRU).

Extracted from TNN, Oct 08,’15

 

Ikea to open 25 stores in India 


IKEA, Swedish home furnishing brand, has drawn up a long-term plan to open 25 stores in India. It plans to invest around Rs.500 crore for each store. Earlier, in July 2015, the company had bought 13 acres of land in Hyderabad for its maiden store. On September 24, it has signed a MoU with the Uttar Pradesh government for three stores in Lucknow, Agra and Noida. Similar agreements have been signed with the state governments of Telangana, Maharashtra and Karnataka.

Extracted from BS, Oct 08,’15

 

Bray Controls plans new unit in Western India 


Bray Controls India Private Limited is planning industrial valves, taps & valves, spares & accessories and other pumps manufacturing unit in Vadodara, Gujarat.

 

360 Security to set up R&D unit in India, hire 500 


360 Security, Beijing-based mobile security solutions firm, is planning to set up a research centre in India and hire about 500 people. The company is scouting for locations and the facility will be operational in the next two years. It plans to invest around USD 20 million for the same.

Extracted from ET, Oct 08,’15

 

India to be in Top-3 pharma manufacturing countries by 2020: Study 


According to TechSci Research Report, India is expected to be in top three pharmaceutical manufacturing countries with a turnover of $55 billion by 2020. The report was released at the Assocham and Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers conference on intellectual property rights (IPR) in pharmaceuticals in Ahmedabad.

Extracted from BS, Oct 07,’15

 

Four Points to open 3 hotels, double count in 5 years 


Four Points, a brand of Starwood Hotels & Resorts, is planning to open three new properties in Bhopal, Vijayawada and the Vembanad Lake in Kerala. It plans to double its footprint in India over the next five years.  Further, Starwood Hotels & Resorts will launch hotels at Dahej (Gujarat), Gurgaon, Tirupati, Vadodara, Aurangabad (Maharashtra), Hyderabad and Tiruchirappalli. 

Extracted from ET, Oct 07,’15

 

ASCL opens four Apollo Sugar Clinics in Mumbai 


Apollo Sugar Clinics Ltd (ASCL) has opened four Apollo Sugar Clinics (neighbourhood care delivery centres) at Vile Parle, Kandivili, Chembur and Tardeo in Mumbai, Maharashtra. It plans to open many such stores across Mumbai.

Extracted from FE, Oct 07,’15

 

India’s solar installations set to quadruple in two years 


According to the Indian Ministry of New and Renewable Energy, India has installed solar capacity of 4,262 MW, of which 518 MW were built in the current financial year. MNRE expects 4,345 MW of fresh capacity to come up in 2015-16 (including the 518 MW achieved so far.) Further, going by the bids on the anvil, the government expects to add 10,859 MW in 2016-17 alone.

Extracted from Panchabuta, Oct 07,’15

 

India to grow at 7.5% in FY17, faster than China: IMF 


According to IMF’s latest World Economic Outlook Update, Indian economy is expected to grow faster than other major emerging economies, projecting a growth rate of 7.5 per cent for India in 2016 as against China's 6.3 per cent. The report further said that the India’s inflation is expected to decline further in 2015, reflecting the fall in global oil and agricultural commodity prices.

Extracted from BS, Oct 06,’15

 

National Aluminium Company plans refinery unit in Eastern India 


National Aluminium Company Limited is planning an alumina refinery unit in Koraput, Odisha.

 

Floking Pipes to invest Rs 100 crore, signs pact with Tamil Nadu Government 


PVC pipes manufacturer Floking Pipes has proposed to invest Rs 100 crore for setting up a new facility in Tamil Nadu. The company has signed a memorandum of understanding with the Government of Tamil Nadu for setting up the manufacturing facility and also to ramp up production at its existing facility in Sriperumbudur.

Extracted from ET, Oct 06,’15

 

SRK Constructions and Projects plans new unit in Andhra Pradesh 


SRK Constructions and Projects Private Limited is planning a ready mix concrete unit in Cuddapah, Andhra Pradesh.

 

Coimbatore to get a new multi-speciality hospital 


A group of industrialists and educationists have decided to set up a 100-beds multi-specialty hospital at Perur, Coimbatore on a five acre plot. The hospital will be set up by a trust that will be formed by Ramasamy Adigalar. Approximate cost of the project is around Rs.20 crore.

Extracted from TNN, Oct 06,’15

 

Lumax Auto Technologies plans new unit in Maharashtra 


Lumax Auto Technologies Limited is planning a chassis manufacturing unit in Aurangabad, Maharashtra.

 

Uflex to set up Rs. 1,500-cr manufacturing unit at Sanand 


Uflex Ltd, a leading flexible packaging company, is planning a manufacturing facility at Sanand in Ahmedabad with an investment of Rs. 1,500 crore. The plant would become fully operational by April 2017. In the first phase, the company would invest Rs. 580 crore for setting up an aseptic liquid packaging plant, with a capacity of seven billion packs.

Extracted from HBL, Oct 06,’15

 

ONGC to set up 280 wells in Jharkhand for coal bed methane 


ONGC will set up 280 wells (for drilling coalbed methane) across 400 sq km in the areas of North Karanpura, Bokaro and Jharia in Jharkhand. Each well would require 1.7 acre land and coal bed methane would be generated in 15 to 20 years. 

Extracted from ET, Oct 06,’15

 

Amazon India opens warehouse for western India in Pune 


Amazon India has launched its fulfillment centre at Chakan, near Pune. The centre spread over 55,000 square feet and has a storage capacity of over 140,000 cubic feet. With this Amazon now has 21 fullfilment centres (FCs) operational across 10 states covering a total area of over five million cubic feet.

Extracted from BS, Oct 06,’15

 

Standard Chartered Bank to set up subsidiary in India 


Standard Chartered Bank is planning to set up its subsidiary India. It will seek permission from the Reserve Bank of India next year to set up the same. Moreover, several foreign banks, including DBS, State Bank of Mauritius, ABN Amro and First Rand Bank, have evinced interest in setting up a wholly owned subsidiary in India.

Extracted from ET, Oct 06,’15

 

Balaore Alloy plans new unit in Odisha 


Balaore Alloys Limited is planning a ferro alloy unit in Jajpur, Odisha.

 

 

New building for homoeo hospital 


A new building to house the District Homoeopathy hospital has been inaugurated by K. Babu, Kerala Minister for Excise in Oct ’15.The Kerala state government has already opened 140 homoeo dispensaries across the state. The government has also plans to open an ayurveda and homoeo dispensary in each panchayat.

Extracted from The Hindu, Oct 06,’15

 

Global Coal & Mining plans nee plant in South India 


Global Coal & Mining Private Limited is planning a solar power plant in Rengareddy, Telangana.

 

Organisations to press for setting up Agro Food Park in Erode 


The Erode District Small Scale Industries’ Association (EEDISSIA) and Confederation of Indian Industry - Erode Zone have together planned to accord a thrust to Agro Food Park during their meeting with Union Minister of Commerce and Industry Nirmala Seetharaman in Oct’15. The two organizations will emphasise on establishment of an office of CFTRI (Central Food Technology Research Institute), a research centre, and food testing laboratory and quality testing centre, a permanent trade centre, cold storage, and an export centre.

Extracted from The Hindu, Oct 06,’15

 

Indobond Packaging plans new unit in Western India 


Indobond Packaging Private Limited is planning a plastic packaging products manufacturing unit in New Mumbai, Maharashtra.

 

Odisha to open 100 model schools 


The Odisha state government is planning to open at least 100 model schools from the next academic year even as the Centre stopped funding the proposed project. The state has decided to recruit 1,772 employees including 1,332 teachers for the proposed 100 model schools. The recruitment process will be completed by March next year while classes will start from April.

Extracted from HBL, Oct 05,’15

 

Govt plans medical devices parks to boost sector 


The union government is planning to set up two medical devices parks in southern India to facilitate the sector's growth, which is currently at a nascent stage. The government has identified 400 acres of land near Chennai and another 100 at Hyderabad for the same.

Extracted from BS, Oct 05,’15

 

Indian e-commerce market to grow 36% during 2015-20 


According to Canada based TechSci Research, the Indian e-commerce market is poised to grow 36% during 2015-20. The report further said that the consumer electronics, online travel, apparel and accessories are the market segments exhibiting promising growth.

Extracted from FranchiseIndia, Oct 05,’15

 

Raaga Mayuri Agrovet plans new unit in Telangana 


Raaga Mayuri Agrovet Private Limited is planning sauces, jams and jellies facility in Mahbubnagar, Telangana.

 

Consultant to prepare DPR for setting up tertiary treatment plant 


The Salem Corporation has decided to appoint a consultant to prepare a Detailed Project Report (DPR) for establishing a 98 MLD sewage water treatment plant and to carry the treated water from the plant to the industries and toilets through pipelines. Also, the consultant is required to submit the project cost estimate, funding patterns and also the design of the plant for expansion. 

Extracted from The Hindu, Oct 05,’15

 

North Delhi civic body to open more parking lots 


North Delhi Municipal Corporation (NDMC) will open 28 parking lots in its area by the end of Oct’15. NDMC has completed all the formalities and short-term tenders will be invited for the parking lots next week.

Extracted from The Hindu, Oct 05,’15

 

Chilika Distillaries plans new unit in Odisha 


Chilika Distillaries Private Limited is planning a distillery unit in Ganjam, Odisha.

 

ThyssenKrupp plans its first elevator plant in India 


ThyssenKrupp AG is planning a 6,000 elevators per annum manufacturing plant at Chakan in Pune. Approximate cost of the project is around Euro 44 million.

Extracted from BS, Oct 04,’15

 

Tata Steel invests Rs 22,000 cr in Odisha plant; to start op soon 


Tata Steel is setting up a multi phase steel plant at Kalinganagar in Odisha. During the first phase, the blast furnace will have a capacity of 3.3 MTPA of hot metal while the sinter plant will have a capacity of 4.91 MTPA. The steel melting shop and the hot strip mill will have capacity of 4.1 MTPA and 3.5 MTPA, respectively. It has started commissioning some of the facilities. So over the next few months one by one all the facilities will get commissioned. Approximate investment made for the first phase is around Rs. 22,000 cr.

Extracted from ET, Oct 04,’15

 

Apollo Hospitals invests Rs 1,400 crore for expansion 


Apollo Hospitals is planning to set up hospitals in Mumbai, Bengaluru, Guwahati and Visakhapatnam. It has also plans to set up few clinics and homecare services in the country. The cumulative investment to be made for the project is around Rs. 1400 crore.

Extracted from ET, Oct 03,’15

 

Maharashtra approves plan for 2750 MW for green energy 


The Maharashtra state government has approved a budget of Rs 367 crores for 27 projects which will produce 2,750 MW of green energy in the state. This is in line with the Central government's plans for green energy corridors across the country.

Extracted from TNN,Oct 02,’15

 

Ambattur Clothing plans new unit in South India 


Ambattur Clothing Private Limited is planning a new unit to manufacture all types of textile garments and clothing accessories in Thiruvallur, Tamil Nadu.

 

 

Ball Corporation starts first Indian facility in Gujarat 


Ball Corporation has announced that it would commence operation of its 50 million cans aluminum aerosol can plant near Ahmedabad at Sanand , Gujarat in Oct 2015. Approximate cost of the project is around Rs. 120 crore.

Extracted from ET, Oct 01,’15

 

PGCIL builds Rs 800-crore transmission line linking West Bengal, Bihar 


Power Grid Corporation of India Ltd (PGCIL) is constructing a 450MW transmission line between Rajarhat (West Bengal) and Purnia in Bihar. Estimated cost of the project is around Rs.800 crore. It is planned to be completed by March 2017.

Extracted from ET, Oct 01,’15

 

Punagri Chemopharma plans new unit in Gujarat 


Punagri Chemopharma Private Limited is planning a synthetic aromatic products unit in Bharuch, Gujarat.

 

Mahindra Sona to invest Rs.40 crore to expand facilities 


Mahindra Sona Ltd is planning an assembly facility for propeller shafts at Pithampur in Madhya Pradesh. It will invest around Rs.20-25 crore in the first phase. It has also plans to expand its Nashik unit with an investment of Rs. 12-15 crore. Further, to upgrade the machineries it would invest Rs. 8 crore.

Extracted from HBL, Oct 01,’15

 

International Cargo Terminals plans new facility in Western India 


International Cargo Terminals and Infrastructure Private Limited is planning storage & warehousing facility in Kutch, Gujarat.

 

 

Australian Co to set up steel industry in TS 


Australia-based NSL mining company, which converts low grade iron ore into high grade, is planning to set up a steel industry in Telangana. Australian Consul-General to south India along with a team had met industries minister Jupally Krishna Rao at the Secretariat in Telangana in Sep’15 for the same.

Extracted from NIE, Oct 01,’15

 

August core sector growth picks up to 2.6% 


According to Union ministry of commerce and industry, growth in eight core sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — increased to 2.6 per cent in August after a slower 1.1 per cent in July. However, the 2.2 per cent cumulative growth in April to August of FY16 still remains less than the corresponding figure previous year, which was 5.6 per cent.

Extracted from BS, Oct 01,’15

 

Uni Abex Alloy plans new unit in South India 


Uni Abex Alloy Products Limited is planning a steel casting unit in Dharwad, Karnataka.

 

50 ABC centres to be opened in Kerala 


The Kerala state government has decided to open 50 animal birth control (ABC) centres in government veterinary hospitals. It will be set up through the Local Self-Government Department with the help of the Department of Animal Husbandry.

Extracted from The Hindu, Oct 01,’15

 

Saanika Industrial Techno plans new park in Western India 


Saanika Industrial Techno Park is planning a textile park in Surat, Gujarat.

 

Government looking at Rs 3.3 lakh crore investment in transmission sector 


According to the Union Power Minister Piyush Goyal, the government is looking at an investment of around $50 billion (around Rs 3.3 lakh crore) in the transmission sector in the next five years. He further said that contracts worth Rs 38,000 crore have been sanctioned through competitive bidding for creating green corridors which will strengthen grid system in renewable sector.

Extracted from ET,Sep 29, '15

 

Meat processing plant to come up in Pimpri 


The Pimpri Chinchwad Municipal Corporation (PCMC) is planning a meat processing plant with zero effluent discharge on one hectare plot near Dalco Company in Pimpri. The municipal corporation has invited bids for design, construction, installation and commissioning of the same with the trial run scheduled for six months and operation maintenance for five years. The estimated cost of the plant is around Rs. 24 crore.

Extracted from TNN, Sep 29,’15

 

Telangana allots 18 acres land for Micromax’s new manufacturing facility 


Micromax is planning a mobile phone instruments and accessories unit at Village Raviryal in district Renga Reddy of Telangana on 18 acres of land. The Telangana State Industrial Infrastructure Corporation Limited (TSIIC) has allotted land for Bhagwati Products Limited (Micromax). Approximate cost of the project is around Rs. 80 crore.

Extracted from HBL, Sep 29,’15

 

SRS Group plans to open around 300 pharmacies in next 5-7 years 


SRS Health, the business vertical of SRS Group, is planning to open around 300 drug stores over the next three to five years in India. It plans to open around 25-30 outlets to start off with, in the next 3-4 months, in the Delhi-NCR region. The medicine stores would be opened under the 'SRS Pharmacy' brand. 

Extracted from ET, Sep 29,’15

 

Virgo Valves & Controls plans new unit in Western India 


Virgo Valves & Controls Private Limited is planning triple offset valves, actuators and valve automation unit in Pune, Maharashtra.

 

 

Union govt. nod for fisheries jetty at Kulai 


The Union government has given the green signal for constructing a fisheries jetty at Kulai, Mangalore. The jetty would be built with funds from the Union government, State government and New Mangalore Port Trust.

Extracted from The Hindu, Sep 29,’15

 

SP Solren plans new power plant in South India 


SP Solren Private Limited is planning a solar power plant in Mahbubnagar, Telanangana.

 

Matsyafed opens its second modern fish mart 


The Kerala State Cooperative Federation for Fisheries Development (Matsyafed) has opened its second air conditioned modern fish mart in district Kozhikode, Kerala in Sep’15. Approximate cost of the project is around Rs.7 lakhs.

Extracted from The Hindu, Sep 29,’15

 

ISGEC Heavy Engineering plans new unit in North India 


ISGEC Heavy Engineering Limited is planning a casting and other iron products manufacturing unit in Muzaffarnager, Uttar Pradesh.

 

Mayo Clinic to set up global level cancer institute in Odisha 


Mayo Clinic, the US based company, is planning a state-of the-art cancer institute in Odisha.The institute  will also have research and training programmes in oncology. All India Institute of Medical Science (AIIMS) and Council of Scientific and Industrial Research (CSIR) will also provide support for the institute.

Extracted from ET, Sep 28,’15

 

Bahrain's Midal Cables to set up aluminium conductor unit in Odisha 


Midal Cables, a Bahrain based company, is planning a 60,000 TPA aluminium conductor unit at the aluminium park in Angul ,Odisha. The project has been recently cleared by the State Level Single Window Clearance Authority (SLSWCA). Approximate cost of the project is around Rs.358 crore.

Extracted from BS, Sep 28,’15

 

Centre approves 7 Textile Parks in Rajasthan: Union Minister of State for Textile Santosh Gangwar 


The Union government has issued approval for seven textile parks under SITP (Scheme for Integrated Textile Parks) in Rajasthan. For each SITP, the Centre provides an assistance of Rs 40 crore to the state for textile parks. Further, the Centre has also approved one Common Effluent Treatment Plant (CETP) in Balotra for textile industries.

Extracted from ET, Sep 28,’15

 

Mercedes Benz India plans to invest Rs 1,000 cr for expansion in Maharashtra 


Mercedes Benz India is planning to expand its Chakan facility in district Pune of Maharashtra. The Maharashtra state government assures that it will provide necessary approvals at the earliest for the expansion project. Approximate cost of the project is around Rs.1000 crore.

Extracted from BS, Sep 28,’15

 

Six new substations for Gurgaon 


Haryana Vidyut Prasaran Nigam (HVPN) is planning to construct six new substations in Gurgaon. The substations with 220kV capacity will cater to the power needs of new HUDA sectors —58 to 115. HUDA has now completed land acquisition in sectors 65, 69, 86, 95, 107 and 77. Tenders will soon be announced and will be allotted by Oct’15.

Extracted from TNN, Sep 27,’15

 

Vintage Coffee plans new unit in South India 


Vintage Coffee Private Limited is planning an instant coffee manufacturing unit in Mahbubnagar, Telangana.

 

DoP to seek Cabinet nod for Rs 292 crore to set up payments bank 


The Department of Posts (DoP) is expected to seek Cabinet nod within two months for raising Rs 292 crore from public investment board to set-up payments bank, for which it has already got the RBI approval. Payments bank licence will allow companies to collect deposits (initially up to Rs 1 lakh per individual), offer Internet banking, facilitate money transfers and sell insurance and mutual funds. The DoP expects to roll out payment bank services by March 2017.

Extracted from ET, Sep 27,’15

 

Canada's PerfectCloud to set up support office in India 


PerfectCloud, a Canadian cloud computing startup, is planning to set up support office in India within three months to cater clients in Asia Pacific, Middle East and Africa market region. At present, it has 20 people and for support office it is in the process to hire 80 people initially to start operations.

Extracted from ET, Sep 27,’15

 

Endurance Technologies plans new unit in Western India 


Endurance Technologies Private Limited is planning a shock absorbers manufacturing unit in Ahmedabad, Gujarat

 

CCD to invest Rs 450 cr to add 400 stores in three yrs 


Cafe Coffee Day is planning to open 135 company owned outlets every year over the next three years and will invest Rs 400-450 crore. It is in the process of getting final approvals to go for an IPO before Dussehra (October 22). It plans to list its shares on BSE and the NSE. At present, the company runs over 1,500 outlets across 220 cities in India.

Extracted from BS, Sep 27,’15

 

NTPC's Lara thermal project to start by March 2017 


NTPC is setting up a 4,000-MW thermal power project at Lara in Chhattisgarh. Coal from Talaipalli mine will be supplied to the Lara Super Thermal Power Project, for which NTPC had already signed a MoU with the government of Chhattisgarh. The first unit (of 800 MW) of the plant may be commissioned in the fourth quarter of the next financial year. The overall investment for the project is around Rs 30,000 crore.

Extracted from BS, Sep 27,’15

 

SAR Denim plans new unit Andhra Pradesh 


SAR Denim Private Limited is planning wooden fabric, cotton fabric and denim fabric unit in Anantapapur, Andhra Pradesh.

 

Odisha Approves Four Investment Proposals 


The Odisha State Level Single Window Clearance Authority (SLSWCA) has approved many investment proposals in Sep’15. Among those are Bahrain-based Midal Cables aluminium conductor unit in Angul district at a cost of Rs 358 crore, Kashvi International’s pelletisation plant project at Jhumpura in Keonjhar with an investment of Rs. 152.77 crore and Metal Powder Company Ltd’s (MEPCO) aluminium powder manufacturing unit at Angul's aluminium park at an investment of Rs 330.9 crore.

Extracted from NIE, Sep 27,’15

 

Land identified for industrial parks 


According to Edappadi K. Palanisamy, Minister of State Highways and Minor Ports, Tamil Nadu, the state government has identified 39 acres at Pakkanadu, near Edappadi, and 16 acres at Puthiragoundanpalayam, near Attur, to construct new Sidco industrial estates. 

Extracted from The Hindu, Sep 27,’15

 

BMC submits Rs 300cr sewage plant proposal to state 


The Bareilly Municipal Corporation (BMC) is planning a single sewage treatment plant with a biodigester in Bareilly. The blueprint has been submitted to the UP state govt and has sought Rs 300 crore for the sewage treatment plant and Rs 100 crore for the biodigester unit.  After the state government approves the proposal, it will be forwarded to the Centre.

Extracted from TNN, Sep 26,’15

 

Unify Textures plans new unit in Dadra & Nagar Haveli 


Unify Textures Private Limited is planning a polyster twisted yarn manufacturing unit in Silvassa, Dadra & Nagar Haveli.

 

High-altitude sports training centre to be set up in Ooty 


The Tamil Nadu State Chief Minister, Jayalalithaa, has announced that a high-altitude sports training centre would be set up in Udagamandalam on the lines of the centres in Shillaroo in Himachal Pradesh and Munnar in Kerala. Approximate cost of the project is around Rs. 5 crore. The Chief Minister has also announced that a Sports Science Centre would be set up in Madurai.

Extracted from The Hindu, Sep 26,’15

 

Ricasil Ceramics plans new unit in Western India 


Ricasil Ceramic Industries Private Limited is planning a ceramic products manufacturing unit in Sabarkantha, Gujarat.

 

Cinopolis Opens 11-Screen Multiplex 


Cinopolis has opened its 11-screen (8 regular and 3 VIP) state-of-the-art multiplex at Centre Square Mall in Kochi. Recently, it has unveiled its second property in Hyderabad and is ready to set foot in city of Kolkata. It has also plans to open five screens in Bengaluru in the next few months. It plans to reach 400-screen landmark by 2017.

Extracted from NIE, Sep 26,’15

 

Two new textile parks to come up 


The Southern India Mills’ Association (SIMA) is planning a textile park in district Cuddalore, Tamil Nadu. The park is expected to be commissioned by 2017 and will have 10 units that will process yarn and fabric for captive use. SIMA has also plans same such park in district Ramanathapuram on 200 acres of land. The total investment in the park will be nearly Rs. 500 crore. 

Extracted from The Hindu, Sep 26,’15

 

TRI Solar plans new power plant in South India 


TRI Solar Private Limited is planning a solar power plant in Mahbubnagar, Telangana.

 

Mafatlal Industries to open 90 stores in three years 


Mafatlal Industries Ltd is planning to open 90 family shop outlets across India in next three years.  It will also renovate its existing showrooms. Recently, it has inaugurated a shop in Agra and two more will come up in Puducherry and Nadiad in Gujarat next month.

Extracted from ET, Sep 25,’15

 

Parrikar to lay foundation for BEL’s missile complex 


Bharat Electronics Ltd is setting up largest Defence Systems Integration Complex at Palasamudram in Anantapur district of Andhra Pradesh on 900 acres of land. BEL is investing Rs. 500 crore on the new complex over the next three to four years. The facility will be equipped with automated guided vehicles and industrial robots.

Extracted from The Hindu, Sep 26,’15

 

ZF Hero inaugurates new plant in Chennai to assemble chassis modules for BMW 


ZF Hero Chassis Systems Pvt. Ltd. the 50:50 JV of ZF India Pvt. Ltd. and Hero Motors Ltd has inaugurated a new plant in Oragadam, Tamil Nadu. The new plant will assemble front and rear chassis systems for passenger cars and will spread over in around 75,000 Sq. feet of space. Total investment for this plant is around Euro Rs.2 million.

Extracted from BS, Sep 25,’15

 

Indian Oil Corporation to invest Rs 1.5 lakh crore in 7 years for expanding refineries 


Indian Oil Corp is planning to invest Rs 1.5 lakh crore, including Rs 50,000 crore for expanding its existing brownfield refineries, in the next five to seven years. The investment would be used to expand its Gujarat oil refinery unit to 18 million tonnes from the present 13.7 MT, Mathura to eight million tonnes in two phases, Panipat to 20 MT from the present 15 million tonnes and Barauni to nine million tonnes in two phases from the present six million tones. Besides, the new refinery in Paradip, with a capacity of 11 million tonnes, will commence operation by Nov’15.

Extracted from ET, Sep 25,’15

 

Zenith Bio Chemical Industries plans new unit in Western India 


Zenith Bio Chemical Industries Private Limited is planning an ethanol manufacturing unit in Pune, Maharashtra.

 

IKEA to open 3 stores in Uttar Pradesh 


IKEA, International furniture and home furnishing brand, is planning to set up stores at Lucknow, Agra and Noida in Uttar Pradesh. It has signed a MoU with the Uttar Pradesh state government for the same recently. Eariler, IKEA had set up an automatic loom in the carpet belt of Bhadohi, near Varanasi.

Extracted from BS, Sep 25,’15

 

Vasantha Industries plans new unit in South India 


Vasantha Industries Limited is planning a cotton yarn manufacturing unit in Guntur, Andhra Pradesh.

 

Sterling Holidays to build a 3-star resort at Jalpaiguri Eco-tourism hub 


Sterling Holidays has won a bid to build a 50-70 room (a 3-star) resort at Gajoldoba, the eco-tourism hub planned by chief minister Mamata Banerjee in Jalpaiguri. The resort will come up on a three-acre land with an investment of about Rs 25-30 crore.

Extracted ET, Sep 25,’15

 

ITC plans new unit in Telangana 


ITC Limited is planning a potato chips manufacturing unit in Medak, Telangana.

 

JSW readies Rs 700 crore for Salboni cement unit 


JSW group is planning a 2.4-million tonne cement-grinding unit at Salboni of West Midnapore district in West Bengal with an investment of Rs. 700 crore. The raw material linkage for the grinding unit had been finalized and work on the project is planned to start by Jan’16. After the cement plant, a 300 MW captive power plant will be built at a cost of Rs 2,000 crore.

Extracted from ET, Sep 24,’15

 

SBT installs 30KWp solar power plant at HO 


State Bank of Travancore (SBT) has installed a 30KWp solar power plant at its head office located at Poojappura, Thiruvananthapuram. The project has been completed under the ‘Solar Connect’ programme of ANERT.

Extracted from NIE, Sep 24,’15

 

Isuzu opens dealership in Pune 


Isuzu Motors India has opened its first dealer showroom Viraaj Isuzu in Pune, Maharashtra. This is the third dealership in Maharshtra and the 27th across the country. It plans to increase the number to 60 by April 2016 and by 2018 expects to have 180-200 dealerships across India.

Extracted from HBL, Sep 24,’15

 

New eco-friendly hydro-power project for Kedarnath 


Uttarakhand Renewable Energy Development Agency (UREDA) though Nehru Institute of Mountaineering (NIM) is setting up a hydro power plant at Kedarnath, Uttarakhand. The project will be environment-friendly as water will be diverted through a diversion apparatus and put on the turbines, which will generate electricity.

Extracted from TNN, Sep 24,’15

 

Ramagundam Urea plant gets green nod from MoEF Committee 


Ramagundam Fertilizers and Chemicals Limited, a JV formed by National Fertilizers Limited (NFL), Engineers India Limited (EIL) and Fertilizer Corporation of India (FCIL), is planning two new Ammonia and Urea plants at the existing site of Ramagundam Fertilizer plant, Telangana. A committee under the Ministry of Environment and Forests (MoEF) has given environmental clearance for the proposed Rs 5,465-crore fertilizer plant. The gas-based plant is expected to commission in 2018-19.

Extracted from ET, Sep 24,’15

 

Silverton Pulp & Papers plans new unit in Northern India 


Silverton Pulp & Papers Private Limited is planning M.S Ingots, bar, angles and channel manufacturing unit in Muzzffar nagar, Uttar Pradesh.

 

Site identified for ITI 


The Tamil Nadu state government is planning an Industrial Training Institute (ITI) at Thoppuviduthi near Thiruvonam in Orathanadu on 5 acres of land. It would be established with hostel and all necessary amenities.

Extracted from The Hindu, Sep 24,’15

 

Gujarat Alkalies plans new unit in Western India 


Gujarat Alkalies and Chemicals Limited is planning a potassium hydroxide unit in Vadodara, Gujarat

 

Cold storages for fish being set up 


Karnataka State Fish Cooperative Federation (KSFCF) is planning two cold storages (-5 degree) of five tonnes each, a frozen storage (-20 degree), and an ice plant at its premises with an investment of Rs.61 lakhs.

Extracted from The Hindu, Sep 24,’15

 

Ostern plans new unit in Eastern India 


Ostern Private Limited is planning a ball pen manufacturing unit n Howrah, West Bengal.

 

Chinese firm Xian LONGi to set up Rs.1,600-cr solar module, cell manufacturing plant in AP 


Xi’an LONGi Silicon Materials Corporation, a Chinese solar power module and cell manufacturer, is planning a new plant at Sri City in Andhra Pradesh. It will invest around Rs.1600 crore as part of the first phase of investment in the proposed Rs.8,000-crore plant.

Extracted from HBL, Sep 23,’15

 

Skipper plans to set up 3 PVC pipe facilities 


Skipper Ltd is planning to set up PVC pipe manufacturing units at Sikandarabad in NCR, Hyderabad in Telangana and Guwahati in North East part of India. All of these units will contribute about 18,000 MT which will take the current installed capacity to 40,000 MT.

Extracted from BS, Sep 23,’15

 

Pawan Hans to invest Rs.1,500 cr in NE 


Pawan Hans, pioneer in off—shore helicopter operations in India, is planning to improve its air connectivity in North-East region part of India. It plans to make Guwahati in Assam as its hub for development of the region under a proposed ‘hub-and-spoke’ model and will also set up engineering training and helicopter pilots training institutes in the region. It plans to invest around Rs. 1500 crore for the same.

Extracted from HBL, Sep 23,’15

 

Essar may open Jharkhand mine next year 


Essar Group's power arm, Essar Power has said that it may open its Jharkhand coal mine for production next year. Meanwhile, production from Tokisud North coal block in Jharkhand will start in the last quarter of the current financial year.

Extracted from BS, Sep 23,’15

 

Le Meridien opens first resort in India at Mahabaleshwar 


Le Meridien Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, has opened its first resort in India at Mahabaleshwar. It has 122 guest-rooms and suites with private balconies.

Extracted from ET, Sep 23,’15

 

Jsons Foundry plans new unit in Maharashtra 


Jsons Foundry Private Limited is planning a ginger essential oil unit in Pune, Maharashtra.

 

Odisha to spend Rs 4,000 crore on IT sector in next 5 years 


According to Odisha state Chief Minister, Naveen Patnaik, the Odisha state government is planning to spend over Rs 4,000 crore on the IT and IT-enabled services sector in next 5 years to create more than one lakh jobs in the state. Further, the state government is also planning a Green Field Electronics Manufacturing Cluster within Infovalley.

Extracted from ET, Sep 23,’15

 

Nissan Motor India to open 300 retail outlets in FY16 


Nissan Motor India Pvt Ltd (NMIPL), a wholly-owned subsidiary of Japan’s Nissan Motor Co, is planning to open 300 outlets by end of financial year 2016 in India. In this fiscal, Nissan has opened 18 outlets in the country. The outlets will provide service and support for the company’s both Nissan and Datsun brands.

Extracted from HBL, Sep 22,’15

 

Asian Beverage plans new unit in South India 


Asian Beverage Private Limited is planning RTS fruit based beverage and carbonated soft drink manufacturing unit in Villupuram, Tamil Nadu.

 

 

 

UltraTech Cement adds 1.6 mt grinding capacity in Haryana 


UltraTech Cement has commissioned a 1.6 million tonne grinding unit at Jhajjhar in Haryana, taking its cement production capacity to 63.1 million tonnes per annum (MTPA). The clinker required for the grinding unit will be supplied by Aditya Cement in Rajasthan. Despite weak demand, UltraTech has been on an expansion mode through acquisition and greenfield expansion.

Extracted from HBL, Sep 22,’15

 

Balmer Lawrie Plans Rs.400 cr capex 


Balmer Lawrie & Co Ltd along with Visakhapatnam Port Trust is setting up a multi-modal logistic hub in Visakhapatnam at a cost of Rs.220 crore. It will have a container freight station, warehouses including cold storages and railway sidings. Besides, it is also setting up seven temperature-controlled warehouses across the country with an investment of Rs.165 crore. It will be executed through phases.

Extracted from HBL, Sep 22,’15

 

Chinese firm to set up solar spare parts unit at Achuthapuram Special Economic Zone 


China-based Trina Solar Limited (TSL) in association with Indian player Welspun India Ltd is planning to set up a solar spare parts manufacturing unit at Achuthapuram Special Economic Zone (SEZ), Vishakapatnam. It will start the process of setting up the unit within a month as soon as govt allocates the land. Approximate cost of the project is around Rs.3000 crore.

Extracted from TNN, Sep 22,’15

 

KAMCO plant to be operational soon 


Kerala Agro Machinery Corporation Ltd. (KAMCO) is setting up a power tiller manufacturing unit at Valiyavelicham near Koothuparamba in Kerala. The unit will manufacture new generation power tillers with self-starter, garden tiller and brush cutter with diesel engine, and is expected to be opened by Nov’15. Estimated cost of the project is around Rs.20 crore.

Extracted from The Hindu, Sep 22,’15

 

LNG terminal at Kakinada 


The Union government has agreed in principle to establish an LNG terminal in Kakinada, Andhra Pradesh. A MoU on this regard will be signed by the representatives of the Central and the State governments in Vijayawada in Sep’15.

Extracted from The Hindu, Sep 22,’15

 

Ultra Tech Cement plans new unit in Western India 


Ultra Tech Cement Limited is planning portland & slag cement unit in Dhule (Dhulia), Maharashtra.

 

Shop CJ to Invest Rs 150 Cr in India to Improve Client Base 


Shop CJ, a home shopping platform, is planning to invest about Rs.150 crore in India during the current fiscal to expand its distribution network and improve the customer base. The company is also planning to open more regional television channels to expand its existing customer base of seven crore households. It has warehouses at Gurgaon, Mumbai and Bangalore, with plans to open a new warehouse in eastern India.

Extracted from NIE, Sep 22,’15

 

Kolkata gets new commercial hub, its largest 


Acropolis, a largest commercial complex, comprising a mall, a multiplex, offices and a club is set to be opened at Rajdanga on Rash Behari Avenue, Kolkata in Sep’15. The mall spread over nearly 1 million sq ft. and is expected to be fully operational in a month.

Extracted from TNN, Sep 21,’15

 

Nightingales Home Healthcare Services opens branch in Hyderabad 


Nightingales Home Healthcare, a unit of Medwell Ventures, has opened its second branch in Kukatpally, Hyderabad. The opening is a part of strategic expansion of the organization in the city. The company has also introduced home dentistry programme to provide home dental care for its customers.

Extracted from FE, Sep 21,’15

 

Truck terminals proposed in Karnataka 


The D. Devaraj Urs Truck Terminals Ltd is planning to construct truck terminals in Bengaluru, Chikkamagaluru, Raichur, Gadag, Vijayapura, Uttara Kannada, Hassan, Bidar and other districts of Karnataka. It has requested the deputy commissioners of these districts to allot land for it.

Extracted from The Hindu, Sep 19,’15

 

Rithwik Solar Systems plans new power plant in South India 


Rithwik Solar Systems Private Limited is planning a solar power plant in Nalgonda, Telangana.

 

Construction of indoor stadium inaugurated 


The Tamil Nadu Fisheries Minister K.A. Jayapal has inaugurated the construction work of a multi-purpose indoor stadium at Nagapatinam District Stadium in Sep’15. Approximate cost of the project is around Rs.1.50 crore and funded by the Tamil Nadu state government. The indoor stadium works would be completed within a period of one year.

Extracted from The Hindu, Sep 18,’15

 

Sondex Heat Exchangers plans new unit in Western India 


Sondex Heat Exchangers India Private Limited is planning a heat exchangers manufacturing unit in Vadodara, Gujarat.

 

Uniphore opens centre in Bangalore; to hire 100 people 


Uniphore Software Systems, which provides speech recognition technologies, has opened a new centre in Bengaluru. This centre will add around 100 people in the next 15 months. Further, the centre will have teams in the areas R&D, business development, consumer technology and professional services.

Extracted from HBL, Sep 18,’15

 

Rockman Industries plans new unit in North India 


Rockman Industries Limited is planning an alloy wheel manufacturing unit in Rewari, Haryana.

 

Srijan Steel gets clearance for Rs.256 cr greenfield iron ore project 


Srijan Steel and Power Industries is planning a green field iron ore pellets project in district Seraikela-Kharsawan, Jharkhand. The project involves production of 0.8 million tonnes per annum (MTPA) of iron ore pellet and setting up of 1 MTPA iron ore beneficiation plant in Jharkhand. The Environment ministry has decided to grant EC to the project. Approximate cost of the project is around Rs.256 crore.

Extracted from HBL, Sep 18,’15

 

Kolkata Port Trust to sign Rs 250 crore agreement with Jindal ITF 


Kolkata Port Trust is planning to sign an agreement worth Rs 250 crore with Jindal ITF for creating transloading infrastructure at Kanika Sands that will boost additional cargo of 5-6 million tonnes for the riverine port. The investment would be from Jindal ITF and they would charge the users for the service, but KoPT would not levy any charge for transloading, to attract cargo. 

Extracted from ET, Sep 18,’15

 

Aakash Global Foods plans new unit in Madhya Pradesh 


Aakash Global Foods Private Limited is planning a potato chips manufacturing unit in Indore, Madhya Pradesh.

 

Taiwanese firm may set up Rs 6,000 crore LCD plant in Noida 


Taiwanese technology company AU Optronics Corporation and its Indian partner Twin Star Technology, owned by Vedanta group, is planning a multi phase LCD panel manufacturing unit in Noida, Uttar Pradesh on 170 acres of land. It is awaiting clearances for 'intent to set up a plant' from the union government. Approximate investment to be made for the first phase is around Rs. 6000 crore.

Extracted from TNN, Sep 18,’15

 

NLC identifies Thirumullaivasal for 4,000 MW power project in Tamil Nadu 


Neyveli Lignite Corporation (NLC) is planning a 4000 mega watt (MW) multi phase coal based power plant at Thirumullaivasal, Seerkali in district Nagapattinam of Tamil Nadu. It has accorded approval of Advance Action Proposal of Rs 56.52 crore for taking up pre-project activities and feasibility report is under preparation. It plans to spend Rs 14,482 crore for phase-I of 1980 MW.

Extracted from BS, Sep 18,’15

 

Avon Ispat & Power plans new unit in North India 


Avon Ispat & Power Limited is planning a cold rolled steel strips & sheets without dual energy (Electricity / LDO fuel) unit in Ludhiana, Punjab

 

Lumax to invest Rs 250 crore; aims to double revenue in five years 


Lumax Auto Technologies, a Lumax group company, is planning to expand its automotive components unit, which manufactures motorcycle and scooter chassis to petrol tanks, gear-shift lever and PCBs in India.  Estimated cost of the project is around Rs.250 crore funded through internal accruals. It expects the revenue to double to reach Rs 5,000 crore from Rs 2500 crore over the next five years.

Extracted from ET, Sep 17,’15

 

UltraTech gets green nod for expansion of Maharashtra plant 


Aditya Birla Group flagship UltraTech Cement is planning to raise production of clinker to 4.5 million tonnes per annum (MTPA) from the existing 3.30 MTPA, and increase cement output to 6 MTPA from 4.48 MTPA at its Awarpur plant in Maharasthra. The company has received the Environment Ministry's clearances. Estimated cost of the project is around Rs.248 crore.

Extracted from BS, Sep 17,’15

 

DMC to set up solar plants on its vacant lands 


Dehradun Municipal Corporation (DMC) is planning to set up two solar power plants under PPP mode on its vacant land. It will construct 10 MW each in the first phase. The second phase will kick-off as soon as the first plant's work concludes. DMC has asked Uttarakhand Renewable Energy Development Agency (UREDA) to visit the sites and decide the best possible location for installing the plants.

Extracted from TNN, Sep 16,’15

 

South Indian Fertilisers to set up Kissan Kendra, agri super markets in Kerala 


The Kochi based South Indian Fertilizers is planning to set up Kissan Kendra’s and agri super markets across Kerala. The Kissan Kendra will provide all information on agriculture and make available organic fertilizers, different varieties of seeds, organic pesticides, grow bags etc under one roof. 

Extracted from HBL, Sep 16,’15

 

Codissia Industrial Park signs pact with TN govt to set up two facilities 


Codissia Industrial Park Ltd (CIPL) is planning to establish two industrial parks — one north of Avinashi Road and the other south of Trichy Road in Coimbatore, Tamil Nadu. It has signed an agreement with the Tamil Nadu government during the Global Investors Meet recently. It is the final stages of land procurement and the project consultant IL&FS is in the process of surveying and finalizing the layout. The two industrial parks will accommodate 380 industrial units and the total project outlay estimated at over Rs.3,000 crore.

Extracted from HBL, Sep 16,’15

 

Mahindra Auto sets up steel facility 


Mahindra Auto Steel Pvt Ltd., a joint venture between Mahindra Intertrade of Mahindra Group, China Steel Global Trading Corp. and Mitsui & Co. (Asia Pacific) Pte, has opened its 100,000 tonnes per annum automotive steel processing facility at Chakan in Pune. Estimated cost of the facility is around Rs.110 crore. It has also plans to add 40,000-50,000 tonnes capacity in the second phase. 

Extracted from The Hindu, Sep 16,’15

 

DLF's Rs 1,100-crore shopping mall in Noida to open in November 


DLF is setting up a shopping mall in Noida, Uttar Pradesh. The mall would have more than 450 retail units, seven-screen cinema hall, and the food court with about 1,000 seats. It plans to open in Nov’15. Estimated cost of the project is around Rs.1100 crore.

Extracted from ET, Sep 16,’15

 

Nucleus Satellite Communication plans new unit in Andhra Pradesh 


Nucleus Satellite Communications (Madras) is planning a dish antennae manufacturing unit in Chittoor, Andhra Pradesh.

 

Glacier Dealers plans new unit in Western India 


Glacier Dealers Private Limited is planning a solar power plant in Satara, Maharashtra.

 

China firm joins Vapi company to set up industrial park in Bharuch 


China's Guangdong Wangtat Construction and Investment Holdings Group, also known as Wangtat Group, has teamed up with Vapi-based Payal Properties Pvt Ltd to develop an industrial park in Bharuch district. The two groups will form a joint venture (JV) to establish the park, which will be spread over 300 acres. The park is expected to house industrial units from automotive, pharmaceuticals, textiles, electricity generation equipment as well as electric transmission and distribution sectors. 

Extracted from TNN, Sep 16,’15

 

Biocon opens new facility to make insulin devices in India 


Biocon has opened one-lakh-sq-ft new insulin devices manufacturing facility in India. The facility has the capacity to manufacture 10 million devices a year. Other details are not disclosed.

Extracted from HBL, Sep 15,’15

 

Mahindra First Choice Dealer outlet launched 


Mahindra First Choice has opened its 32nd authorized dealership at Eramalloor. The new facility, SAS Motors, is spread across 5000 sqft and is located at NH 47. At present, the company has 95 dealerships in the southern region of India; it plans to expand this number to 125 outlets by the year-end.

Extracted from NIE, Sep 15,’15

 

DSK Motowheels launches national manpower excellence centre 


DSK Motowheels is to launch its National Manpower Excellence Centre (NMEC) in Pune. The integrated training-cum-service centre will provide complete vocational specialization in superbike servicing industry and allow technicians to view live issues under expert guidance and see them being rectified. It will serve as a model workshop and support DSK Benelli products across all its outlets.

Extracted from HBL, Sep 15,’15

 

Orient Fashion plans new unit in Haryana 


Orient Fashion Exports India Private Limited is planning a readymade garments unit in Gurgaon, Haryana.

 

Anil Mega Food Park plans new unit in Western India 


Anil Mega Food Park Private Limited is planning an industrial park in Vadodara, Gujarat.

 

Hejady harbour to be developed 


According to N.H. Chennappa Gowda, Secretary,Karnataka Fisheries and Animal Husbandry, the state government has submitted a proposal of Rs. 122.59 crore for developing a fisheries harbour at Village Hejmady, Udupi.

Extracted from The Hindu Sep 15,’15

 

State clears Rs 410-cr Toyota's textile machinery project 


The Karnataka state high-level committee on investment clearances has approved two projects. One is Ecomaister Beads India Limited’s precious slag ball manufacturing unit at Village Toranagallu, Bellari and the other is Toyota Industries India Private Limited’s textile machinery unit at Vasanthanarasapura Industrial Area in dist.,Tumakuru. Estimated cost of the project is around Rs. 148 crore and Rs.410 crore respectively.

Extracted from NIE, Sep 15,’15

 

Pragati Group to set up Biodiversity Park near Visakhapatnam 


Pragati Group is planning a Biodiversity Park at Village Tangudubilli in district Visakhapatnam of Andhra Pradesh. It has signed MoU with the Andhra Pradesh Department of Tourism for the same. Estimated cost of the project is around Rs. 300 crore.

Extracted from HBL, Sep 14,’15

 

Maharaja Sathyam Industries plans new unit in South India 


Maharaja Sathyam Industriec Private Limited is planning a cotton yarn manufacturing unit in Erode, Tamil Nadu.

 

Fish sanctuaries to be set up 


The Kerala State Fisheries Resources Management Society (FIRMA) is planning to open fish sanctuaries at selected spots in Vembanad lake, near Kumarakom in Sep’15. Further, FIRMA is also planning such sanctuaries in Sasthamcotta lake, Muvattupuzha and Pampa rivers.

Extracted from The Hindu, Sep 14,’15

 

Om Optel Industries plans new unit in Madhya Pradesh 


Om Optel Industries Private Limited is planning an optical fiber cable manufacturing unit in Raisen (Mandideep), Madhya Pradesh.

 

Prince Pipes plans Rs 100 crore plant in West Bengal 


Prince Pipes and Fittings is planning a PVC pipes manufacturing facility in West Bengal. Estimated cost of the project is around Rs. 100 crore.

Extracted from ET, Sep 13,’15

 

Textile parks will be established in all taluks, says Anjaneya 


According to the Karnataka State Minister for Social Welfare and district in-charge H. Anjaneya, the state government has decided to establish textile parks in every taluk of the state, to encourage youths to become entrepreneurs and become self-dependent.

Extracted from The Hindu, Sep 13,’15

 

NASSCOM inaugurates start-up warehouse in Kochi 


The National Association of Software and Services Companies (NASSCOM) has inaugurated the start-up warehouse in Kochi, Kerala. It has been launched in support with the Kerala Government to build entrepreneurial capabilities in Kerala, create a vibrant community to connect investors, mentors and start-up entrepreneurs, and building tech-entrepreneurship as a preferred career option.

Extracted from BS, Sep 12,’15

 

Kandla, Paradip to start work on smart port cities 


Kandla Port Trust (KPT) and Paradip Port Trust (PPT) are planning to develop smart port city projects on 1,500 acres and 400-500 acres respectively. Both will invite consultants this month (Sep’15) to carry out techno-feasibility studies for the project. The consultant will prepare master plans based on strategies pertaining to development of SIPC. It will also study job creation by industry type and scale of investment in infrastructure.

Extracted from BS, Sep 12,’15

 

SMVDSB to set up Medical, Nursing colleges at Katra 


Mata Vaishno Devi Shrine Board (SMVDSB) will set up Medical and Nursing Colleges at Kakryal in Katra. Other detail related to the project is not disclosed.

Extracted from BS, Sep 12,’15

 

India's industrial production expands 4.2% in July 


According to Central Statics Organisation (CSO), general index of industrial production (IIP), Industrial production in India has increased by 4.2 per cent in July 2015, compared to the level of production in July 2014. The index further said that the production in the mining, manufacturing and electricity sectors increased by 1.3 per cent, 4.7 per cent and 3.5 per cent, respectively in July 2015 compared with the corresponding levels in July 2014.

Extracted from Domain.b.com, Sep 11,’15

 

Birli Spinning Mill plans new unit in South India 


Birli Spinning Mill Private Limited is planning a cotton yarn manufacturing unit in Tiruppur, Tamil Nadu.

 

Modern fish market opened at Karuvatta 


Kerala State Coastal Area Development Corporation has set up a modern fish market at Karuvatta, Azhapulza in Kerala. The market has 35 fish stalls, cold storage, ice flakes unit, office, rest room, toilet, and effluent treatment plant. Approximate cost of the project is around Rs.1.97 crore.

Extracted from The Hindu, Sep 12,’15

 

Tirupur to get 10 onion storage units, packing house 


The Department of Horticulture, Tamil Nadu is all set to extend subsidies to set up 10 onion storage units and a packing house in Tiruppur. Apart from these facilities, it has also been planned to extend subsidies to construct green houses and tubular model shade net houses. The packing house planned would be coming up at Gudimangalam area.

Extracted from The Hindu, Sep 12,’15

 

Kay Power and Paper plans new unit in Western India 


Kay Power and Paper Limited is planning a packing paper manufacturing unit in Satara, Maharashtra.

 

Punjab plans 50 colleges, 2,000 rural centres to skill girls 


Punjab government has said that it will set up 50 skill-training colleges for girls under the Skill India Mission while another 2,000 centres will come up at village level to hone their skills. These colleges will be governed by the Panjab University, Punjabi University and Guru Nanak Dev University and will run short term courses. The colleges will be set up at a cost of Rs 20 lakh each.

Extracted from The Hindu, Sep 12,’15

 

MRS. Bector Food Specialties plans new unit in North India 


MRS. Bector Food Specialties Limited is planning buns manufacturing unit in Gautam Buddha Nagar, Uttar Pradesh.

 

Adani to expand Udupi plant capacity 


Adani Group, which has acquired Udupi Power Corporation Ltd (UPC) from Lanco Infratech, is planning to expand its thermal power plant capacity from its current 1,200 MW to 2,800 MW with an investment of Rs.9000 crore. It has applied for the necessary clearances.

Extracted from HBL, Sep 11,’15

 

US brand Johnston & Murphy to open 12-14 stores in India, eyes Rs 100 crore revenue 


Johnston & Murphy is planning to open 12-14 stores in India with an investment of Rs 15 crore. Pune-based Premium Retail has taken the rights of licence and master distribution for Johnston & Murphy in India. The footwear brand has identified eight cities including Delhi, Mumbai, Chandigarh, Pune, Chennai, Ahmedabad and Hyderabad for opening the stores.

Extracted from ET, Sep 11,’15

 

Mad Over Donuts opens 23rd outlet in Mumbai 


Mad Over Donuts (MOD) has opened its 23rd outlet in Mumbai, its 56th outlet in India. With presence in Mumbai, Pune, Bengaluru, Delhi and NCR, Mad Over Donuts is strengthening its position in India.
Extracted from ET, Sep 11,’15

 

Firms ink MoUs worth Rs 50,098 crore with UP 


The Uttar Pradesh (UP) state government has signed more than 45 memorandums of understanding (MoUs) with companies, worth Rs 50,098 crore, during its Mumbai Investor Conclave in Sep ’15. Among them few are, LG pledged Rs 1,328 crore, Idea Cellular Rs 550 crore, Toshiba Power Rs 3,400 crore, ITC Rs 1,450 crore, Reliance Jio Rs 1,200 crore and Welspun Rs 600 crore.

Extracted from FE, Sep 11,’15

 

Sriperumbudur to Get Embassy at Rs 900 Crore, World Class Infra 


Embassy Group is planning an industrial and warehousing park in Sriperumbudur, Tamil Nadu on 198 acres of land. Estimated project cost is around Rs. 900 crore.

Extracted from NIE, Sep 11,’15

 

Sagar Cements plans new unit in South India 


Sagar Cements Limited is planning an ordinary portland cement unit in Nalgonda, Telangana.

 

Vedanta to invest Rs 6,000cr, double smelter capacity 


Vedanta Group is planning to expand its copper smelter unit in Tuticorin and an aluminium factory in Mettur, Tamil Nadu. It has also plans to set up a 50MW solar power plant near Mettur, Tamil Nadu. Feasibility study is for the project is underway. The cumulative investments for all the three could be in the range of Rs 6,000 crore.

Extracted from TNN, Sep 10,’15

 

Ford to expand Chennai plant; set up global engineering, technology centre 


Ford Motor Co is planning to expand its Chennai facility in Tamil Nadu. Besides, it is also setting up new global engineering and technology centre in Chennai, Tamil Nadu. It has signed MoUs with the Tamil Nadu state government for the same recently.

Extracted from ET,Sep 10,’15

 

SIMA signs MOU with TN to set up two textile processing parks 


Southern India Mills Association (SIMA) is planning two textile processing parks one Cuddalore and another in Ramanathapuram district of Tamil Nadu. It has signed two MoUs with the state government. It would cost around Rs. 500 crore each to set up the parks. SIMA is in the process of identifying stake holders and technological experts for successfully setting up the park. As approval expected in 30 days, t would take three years for commencing operation, after setting up necessary infrastructure and facilities.

Extracted from BS, Sep 10,’15

 

Murlidhar Texprints plans new unit in Western India 


Murlidhar Texprints Private Limited is planning a dying & printing of fabrics unit in Surat, Gujarat.

 

TVS Group to invest Rs 800 crore in 3 yrs: Venu Srinivasan 


TVS, an automaker, is planning to expand its motorcycles, castings and plastics products capacities in the next three years. Approximate investment to be made for the projects is around Rs. 800 crore.

Extracted from ET, Sep 09,’15

 

Navprabhat Projects plans new unit in West Bengal 


Navprabhat Projects Private Limited is planning an M S ingots unit in Jalgaon, Maharashtra.

 

Sayaji to invest Rs 100-cr for 5-star hotel in Vadodara 


Sayaji is planning a five-star hotel in Vadodara, Gujarat. It will invest Rs.100 crore for the project. Further, it is also expanding in Thane, Pune and Nasik (Maharashtra) while deal is on the verge of finalization of taking over a hotel in Kolhapur on rental basis.

Extracted from ET, Sep 08,’15

 

China's Leo group plans Rs 1,000-crore pump manufacturing unit in Telangana 


Leo group of companies, a China-based heavy duty pump manufacturer, is planning to set up a new unit in Telangana. Estimated cost of the project is around Rs. 1000 crore.

Extracted from ET, Sep 08,’15

 

Integral Coach Factory begins manufacture of next generation DEMUs 


Integral Coach Factory (ICF) has started manufacture of its next generation high-powered three-phase Diesel Electric Multiple Units (DEMUs). The coaches will have stainless steel body, GPS-based passenger information system, aesthetic interior paneling with concealed screws, wider sliding doors, wider vestibule openings for easy movement of passengers, stainless steel chequered anti-slip flooring, polycarbonate hand holds with nylon straps, improved cushion seats with stainless steel frames with bottle holder, toilets in the trailer coaches are some of the salient features of these coaches. 

Extrcated from TNN, Sep 08,’15

 

Tata Power to invest Rs.450 cr in Karnataka 


The Tata Power Co Ltd’s strategic Engineering Division (Tata Power SED), is setting up a defence manufacturing facility at Vemagal, Kolar in Karnataka on 50 acres of land. Approximate cost of the project is around Rs.450 crore.

Extracted from HBL, Sep 08,’15

 

Leoch Trintek plans new unit in Northern India 


Leoch Trintek Battery Private Limited is planning a motor cycle battery and sealed maintenance free battery unit in Rajasthan.

 

International Sports Centre to come up at Lambasingi 


The Andhra Pradesh state government has decided to set up an International Sports Centre in Lambasingi along with an Archery Academy in Araku. The state government further directed the officials to send proposals to the Central government for developing sports infrastructure at Tirupati, Chittoor, Kurnool, Vijayawada, Kakinada and Visakhapatnam under the Urban Sports Infrastructure Scheme.

Extracted from The Hindu, Sep 08,’15

 

Pharmexcil AP campus to come up near Pharma City 


The AP Industrial Infrastructure Corporation has in-principle decided to allot 10 acres near Jawaharlal Nehru Pharma City (JNPC) at Parawada for establishment of a joint administrative complex housing the Andhra Pradesh campus of Pharmaceutical Council of India (Pharmexcil). The complex will have Pharmexcil office, comprising skill development centre, convention centre, library and R&D facility, Central Drugs Standards Control Organisation, Directorate General of Foreign Trade, AP State Drugs Control Administration, Central, and State drug control laboratories.

Extracted from The Hindu, Sep 08,’15

 

Biod Energy plans new unit in North India 


Biod Energy India Private Limited is planning a Bio –diesel unit in Rewari, Haryana.

 

Expert panel set up to facilitate biomedical waste treatment plant 


The Goa state government has constituted an expert committee to set up a common biomedical waste treatment facility at a central location in Goa. The committee will be entrusted with various tasks, including supervision and monitoring of the process of setting up the plant that will cater to the entire state. The facility will comprise an effluent treatment plant, a sewage and chemical treatment facility within the complex.

Extracted from TNN, Sep 08,’15

 

Britannia keen on setting up facility in Chittoor 


Britannia Industries Limited is planning an agro processing facility in district Chittoor, Andhra Pradesh. It plans to commission the first phase of the project with an investment of Rs. 125 crore by the end of next fiscal year.

Extracted from ET, Sep 07,’15

 

Godrej Appliances opens exclusive outlet in Kolkata 


Godrej Appliances has opened its first exclusive brand outlet in the southern part of Kolkata. The store will offer a range of high-end home appliances such as refrigerators, washing machines, microwave ovens, and air-conditioners.

Extracted from HBL, Sep 07,’15

 

TGI Friday to open outlets in tier 2 cities 


Bistro Hospitality, which runs the restaurant chain TGI Friday India, is planning to open three new restaurants in 2015 and add another three next year in tier-2 markets. Further, it has also plans to add four restaurants the year after.

Extracted from HBL, Sep 07,’15

 

Amitara Green Hi-Tech plans new plant in Western India 


Amitara Green Hi-Tech Textiles Park Private Limited is planning a captive power plant in Kheda, Gujarat.

 

Xalta Food and Beverages plans new unit in Uttar Pradesh 


Xalta Food and Beverages Private Limited is planning a soft drink manufacturing unit in Hapur, Uttar Pradesh.

 

Nippon Paint to set up a new facility in NCR Region 


Nippon Paint is planning to set up a new facility in the NCR or in Harayana. Approximate cost of the project is around Rs.80-90 crore.

Extracted from BS,Sep 07,’15

 

Premier Photovoltaic Medak plans new plant in South India 


Premier Photovoltaic Medak Private Limited is planning a solar power plant in Adilabad, Telangana.

 

Reliance outlet opens at Edapally 


Reliance Digital has opened its retails outlet at S K Tower, Near Lulu Mall at Edappally. The store offers a complete collection of consumer electronics like the latest LED & LCD TVs, home theatres, music systems, car audio players, digital cameras, mobile phones, game consoles, games, laptops, IT accessories as well as entire range of Apple products.

Extracted from NIE, Sep 07,’15

 

Clearance for new industrial units 


The Himachal Pradesh State Level Single Window Clearance & Monitoring Authority (SLSWC&MA) has issued approval to seven proposals for setting up new industrial projects in the state. The Authority has also approved 15 expansion, diversification proposals for combined proposed investment of approximately Rs 784 crore.

Extracted from TNN, Sep 06,’15

 

Experion to invest Rs 175-cr in commercial project in Gurgaon 


Experion Developers along with the Milestone Ventures is planning to develop a commercial project in Gurgaon on 4 acres of land. The commercial project would be developed as green building, with USGBC's Gold Leed rating. Approximate cost of the project is around Rs.175 crore.

Extracted from BS, Sep 06,’15

 

Amara Raja to commission tubular battery plant in Chittoor by Dec 


Amara Raja Batteries Limited is planning to commission the tubular battery plant at Nunegundlapalli in Chittoor district of Andhra Pradesh by December 2015. Earlier, in March 2015 the company has commissioned a Four-Wheeler battery plant at the same location.

Extracted from HBL, Sep 06,’15

 

KPL mulls outer harbour project 


Kamarajar Port Ltd (KPL) is planning to construct a harbour within harbour called Greater Kamarajar Port or outer harbour port. It is expected to come north of north breakwaters of existing Kamarajar Port. It will have a capacity to handle 100 million tonnes of cargo per annum.

Extracted from The Hindu, Sep 05,’15

 

MP govt to set up 10 mega food processing parks on Baba Ramdev model 


The Madhya Pradesh state government is planning to set up 10 mega food processing parks like Baba Ramdev’s Patanjali Food and Herbal Park in Haridwar. Besides the 10 mega food processing parks, the government has also intends to set up 40 mini and 500 micro food processing parks under PPP (Public Private Partnership) mode across the state. 

Extracted from HT, Sep 05,’15

 

West Bengal planning to set up cold storages in all kisan mandis 


The West Bengal agriculture marketing department through public private partnership (PPP) model is planning to set up cold storages in the premises of all kisan mandis (farmers' markets) across the state. It is also constructing 50 warehouses for seeds in the state.

Extracted from ET, Sep 05,’15

 

Azure Power Makemake plans new plant in Punjab 


Azure Power Makemake Private Limited is planning a solar power plant in Mukatsar, Punjab.

 

Police logistics centre soon at Thullur 


According to Inspector General of Police, Guntur, N. Sanjay, A police logistics centre will soon be established at Thullur. The centre would have facilities for providing accommodation for police personnel, vehicles and computers and all other paraphernalia required for the region.

Extracted from The Hindu, Sep 05,’15

 

TSR lays foundation stone for cancer hospital 


Rajya Sabha member T Subbarami Reddy has laid the foundation stone for the Homi Bhabha Cancer Hospital and Research Centre at Aganampudi. The project, estimated to cost Rs 571 crore, would be completed in three phases by 2019. The civil construction works would cost Rs 171 crore and advanced equipment and other infrastructure would be procured with Rs 400 crore. The first phase of civil construction works of 100 beds is expected to be completed in 18 months.

Extracted from NIE, Sep 05,’15

 

Kamarajar Port gives nod to IOC for captive jetty 


Indian Oil Corporation (IOC) is planning a captive jetty to handle imported Petroleum, Oil and Lubricants (POL) cargo at Ennore. Kamarajar Port Ltd (KPL) has given in principle consent to IOC to establish the same. Estimated cost of the project is around Rs.5150 crore, and the terminal would become operational by early 2018.

Extracted from The Hindu, Sep 04,’15

 

Metropolis Healthcare plans Rs.300-cr expansion 


Metropolis Healthcare is planning to increase its labs and collection centres across India, Africa, Sri Lanka and Mauritius from 130 to 250 and 1,000 to 2,000 respectively by 2019.  It plans to invest around 300 crore over the next four years for the project.

Extracted from HBL, Sep 04,’15

 

Sasya Green Energy plans new unit in South India 


Sasya Green Energy Private Limited is planning a ferro alloys unit in Nellore, Andhra Pradesh.

 

 

HDFC Bank to add 100 branches in east by FY16 


HDFC Bank is planning to add 100 new branches to its current 500 in the eastern region of India. Of the 600, West Bengal will have 195-200 branches. It would reach its target by the end of ongoing financial year. 
Extractted from ET, Sep 04,’15

 

Vedanta to ramp up aluminium output at Odisha plant by 60% 


Vedanta Alumina is planning to expand aluminium production capacity from its current 0.5 million tonne to 0.8 million tonne per annum at its Jharsuguda smelter in Odisha.

Extracted from BS, Sep 04,’15

 

Mahindra Group to Expand Tractor Unit in Zaheerabad 


Mahindra Group is planning to expand their existing tractor manufacturing unit in Zaheerabad and also planning to provide electrical vehicles to ferry passengers of Metro Rail stations to different destinations in Hyderabad.

Extracted from NIE, Sep 04,’15

 

CM opens mini-hydel power project 


Kerala State Electricity Board (KSEB) has completed a 3.5 MW first mini-hydel power project at Adyanpara , Malappuram in Kerala. The project has been completed in two years with an estimated cost of Rs. 23.93 crore.

Extracted from The Hindu, Sep 04,’15

 

Premier Photovoltaic Medak plans new unit in South India 


Premier Photovoltaic Medak Private Limited is planning a solar power plant in Nizamabad, Telangana.

 

SIMA plans to set up textile processing park for SMEs 


Southern India Mills’ Association (SIMA) is planning to set up a textile processing park in Tamil Nadu for the small and medium-scale units.  The association is to take up this project under the Integrated Processing Development Scheme. Apart from this, the association will also sign MoU with the Tamil Nadu state government to set up a textile processing park at Cuddalore with an investment of Rs.500 crore.

Extracted from The Hindu, Sep 04,’15

 

Saint Gobain Gyproc to set up Rs. 400-crore plant 


Saint Gobain Gyproc, the gypsum business unit of Saint-Gobain Group of France, is planning to set up a new unit in Western India. It has three unit s in India; with the combined production capacity of about 46 million square metres. The new plant will add another 30 million square metres to its total capacity. The plant will come up with an investment of Rs.400 crore.

Extracted from HBL, Sep 03,’15

 

Centre to soon build major port worth Rs 21,000 crore in the southernmost tip of Tamil Nadu 


The Union government through SPV is planning a major port at Colachel in district Kanyakumari, Tamil Nadu. The Tamil Nadu state government has given its consent to the union government to facilitate developing the port. The port would be developed in three phases and it would take three years for completing the construction. Approximate cost of the project is around Rs.21000 crore.

Extracted from ET, Sep 03,’15

 

Asian Paints plans capacity expansion 


Asian Paints is planning 400,000 kilo litres paint manufacturing unit in Visakhapatnam, Andhra Pradesh. It is waiting for clearances. Besides, it is also in the process of adding another 200,000 kilo litre through doubling of capacity at its Rohtak facility in Haryana.

Extracted from HBL, Sep 03,’15

 

Dr Lal PathLabs announces expansion plans in Bengaluru city 


Dr Lal PathLabs is planning to open diagnostic centres across Bengaluru in Karnataka.  It has recently launched eight such centres in Bengaluru. It will launch another 16 centres by the end of third quarter of FY16.

Extracted from FE, Sep 03,’15

 

Swaraj Suitings plans new unit in Rajasthan 


Swaraj Suitings Private Limited is planning man-made fibre, man -made mixture fabrics and weaving unit in Bhilwara, Rajasthan.

 

 

Adani Group keen on setting up 1000MW solar plant 


Adani Group is planning to set up a 1000MW capacity solar plant in Jharkhand. It has submitted a proposal to Jharkhand Renewable Energy Development Authority (JREDA). Approximate cost of the project is around Rs. 7000 crore.

Extracted from TNN, Sep 03,’15

 

Mega steel plant to be set up in Ballari 


Sesa Sterlite Ltd is planning a 4 MTPA steel plant in Ballari taluk, Karnataka on 2,423.17 acres of land. The company already owned 702 acres of the land, remaining land will be provided by KIADB. It has received the in principle approval from the Karnataka state government. Estimated cost of the project is around Rs. 33,692 crore.

Extracted from The Hindu, Sep 03,’15

 

National Aluminium Company plans new unit in Odisha 


National Aluminum Company Limited is planning an alumina refining unit in Koraput, Odisha.

 

Corporation to set up 37 more biogas plants 


The Thiruvananthapuram Municipal Corporation is planning to set up biogas plants in 37 locations across the city as part of its My City, Beautiful City waste management programme. Out of these, 29 plants will be set up in government schools with the capacity of 75-kg each. Biogas plants will be installed at Fort Hospital, Poonthura hospital and at the T.B. Centre in General Hospital.

Extracted from The Hindu, Sep 03,’15

 

AP plans to set up 5 start-up incubators 


The Andhra Pradesh state government is planning to set up five incubators to nurture start-ups in areas of futuristic technologies, including the internet of things, social media, analytics and cloud, among other things. Each incubator would cost around Rs 150 crore and will be executed for a period of 15 years

Extracted from BS, Sep 03,’15

 

Basavashakti Agro plans new unit in South India 


Basavashakti Agro and Foods India Private Limited is planning vegetable juice and their concentrates, squashes and powder manufacturing unit in Medak, Telangana.

 

Wabco inaugurates new software engineering, business centre in Chennai 


WABCO, automobile component maker, has inaugurated a new software engineering and business centre in Chennai. The centre spread across 65,000 sq ft land area and is planning to add 150 engineers over the next five years.

Extracted from BS, Sep 02,’15

 

Ericsson to invest upto $20 Mln in Pune plant, to double India headcount in 2 yrs 


Ericsson is planning a transmission or microwave products manufacturing unit at the Indospace Industrial Park, Chakan, Pune. The unit will start production by May 2016.Approximate investment to be made is around $15-20 million.

Extracted from ET, Sep 02,’15

 

Kwality plans new unit in Haryana 


Kwality Limited is planning a mixed milk, standardized milk, recombined milk, toned &double toned & full cream skimmed milk unit in Palwal, Haryana.

 

36 godowns will come up in Karimnagar: Minister 


The Telangana state government has decided to construct 36 godowns in district Karimnagar, Telangana. The project is planned to be completed in six months. Approximate cost of the project is around Rs. 106 crore.

Extracted from The Hindu, Sep 01,’15

 

Adani Group wins 50 mw solar power plant in UP 


Adani Green Energy Limited has won a 50 MW solar power plant project through competitive bidding from Uttar Pradesh New and Renewable Energy Development Agency (NEDA) under Solar Energy Policy 2013. Under the policy, the on-grid solar power plants would be set up by the respective private companies on land purchased by it. The entire investment would also be borne by the company. 

Extracted from BS, Sep 01,’15

 

Rex Polyextrusion plans nee unit in Western India 


Rex Polyextrusion Private Limited is planning PVC-corrugated pipes manufacturing unit in Sangli, Maharashtra.

 

SAC Engine Components plans new unit in South India 


SAC Engine Components Private Limited is planning a cast iron products unit in Thiruvarur, Tamil Nadu.

 

Himatsingka Seide to invest Rs 1,281 cr in Hassan plant for expansion 


Himatsingka Seide is planning a multi phase investments over the next three years at its Hassan plant in Karnataka. The investment will be used to enhance the sheeting capacity from its current 23 million meters per annum (MMPA) to 46 MMPA. In addition, it will set spinning and terry towels facilities with capacity of 211000 spindles and 25000 tonnes per annum respectively. Estimated investment is around Rs. 1,281 cr.

Extracted from BS, Aug 31,’15

 

 

Natco Pharma to invest Rs.300 cr in new units, capacity expansion 


Natco Pharma Ltd is planning a formulations facility at Pharma City in Visakhapatnam, Andhra Pradesh. The facility will be ready by the end of next year. The company has also plans to expand its R & D facility, chemical manufacturing facilities in Telangana and Chennai, as also the formulation facility in Hyderabad.

Extracted from HBL, Aug 31,’15

 

Indian healthcare to grow to $280 bn by 2020: Report 


According to FICCI-KPMG, India's healthcare sector is expected to be $280 billion in size by 2020. The report further said that the workforce in the sector is expected to be at 7.4 million in 2022.

Extracted from BS, Aug 31,’15

 

Andhra Pradesh government initiates steps to develop 10 new ports 


The Andhra Pradesh state government is planning new ports at Bhavanapadu, Narsapur , Ramayapatnam, Machilipatnam, Kakinada SEZ (captive), Meghavaram Port (captive), Nakkapalli Port (captive), Nizampatnam , Vodarevu and at Dugarajapatnam. The Kakinada SEZ Port (captive), Meghavaram Port (captive) and Nakkapalli Port (captive) have been awarded to different developers who have been requested to take up the development work.  Land has been identified for the Bhavanapadu Port in Srikakulam district, while the process of identifying land is on for the Narsapuram, Ramayapatnam and Machilipatnam ports.

Extracted from ET, Aug 31,’15

 

Sri Jayavilas Subbaraj plans new unit in South India 


Sri Jayavilas Subbaraj Spinning Mills Private Limited is planning a cotton yarn manufacturing unit in Virudhunagar, Tamil Nadu.

 

Corporation Bank plans to open two new branches in Tirupur 


Corporation Bank is planning to open two new branches in addition to the existing three branches and five new ATMs, to double the number of ATMs, in Tirupur, Tamil Nadu.  The bank is also planning to add e-lobby in the main branch in Tirupur.

Extracted from Livemint, Aug 31,’15

 

Vectus Industries plans new unit in Madhya Pradesh 


Vectus Industries Limited is planning PVC and allied products manufacturing unit in Morena, Madhya Pradesh.

 

Naveen lays foundation stone for medical college at Bolangir 


The Odisha state Chief Minister, Naveen Patnaik, has laid the foundation stone for establishment of a medical college at Bolangir,Odisha. Apart from Bolangir, Puri, Baripada, Balasore and Koraput are other locations where medical colleges will be set up. The district headquarter hospital in these places will be upgraded and later attached to the college. Foundation stones have already been laid for Baripada and Puri projects.

Extracted from The Hindu, Aug 31,’15

 

Bharat Gears plans new unit in Western India 


Bharat Gears Limited is planning an automotive gears unit in Satara, Maharashtra.

 

8 fish landing centres coming up in Ramanathapuram, Kanyakumari districts 


The Tamil Nadu State Fisheries Department is constructing six fish landing centres in district Ramanathapuram and two in district Kanyakumari with an investment of Rs.56.85 crore. The biggest among them is to come up at Pamban at a cost of Rs. 11.90 crore where around 800 craft can be anchored.

Extracted from The Hindu, Aug 30,’15

 

Apollo plans new hospitals in Bangladesh, Kolkata 


The Apollo Hospital Group is planning to expand its operations in Bangladesh and Kolkata in the next few years. Even it has a hospital in Dhaka; it plans to have one more hospital in Chittagong. But, it is yet to be decided whether it would be through a tie-up or through some other mechanism. The group is also contemplating a 200-bed hospital in south Kolkata. It now has a 510-bed unit in the northern part of the city.

Extracted from HBL, Aug 30,’15

 

Audi to drive into smaller cities for expansion in India 


Audi, German luxury carmaker, is planning to increase its used car retail outlet “Audi Approved Plus “ numbers from its current three to ten in the next 12 months in India.

Extracted from ET, Aug 30,’15

 

Pepe Jeans aims to double sales in India to Rs 1500cr in 3yrs 


Pepe Jeans London, which has 200 stores at present, plans to increase it to 450 to 500 in both metro cities and growing tier II & III places in India. Through the expansion, it plans to increase its sales in India between Rs 1,400 crore to Rs 1,500 crore by FY 2018-19. It has also plans to introduce new categories like shoes, sun glasses and kids-wear in its stores and its first standalone kids-wear store would open next year.

Extracted from BS, Aug 30,’15

 

Infy to invest Rs 1900 cr to set up three new units 


Infosys is planning to set up two software technology parks at Konappana Agrahara campus in Bengaluru, Karnataka with an investment of Rs. 1079 crore and Rs 625 crore respectively. It plans to set up its third project is at Electronic City, Bengaluru. It has received clearances from the Karnataka state government.

Extracted from BS, Aug 29,’15

 

Rasna plans to inaugurate its Andhra Pradesh facility by Jan 2016 


Rasna Private Limited is implementing a drinks and foods manufacturing unit in Andhra Pradesh. The unit will be operational by January 2016. Approximate cost of the project is around Rs.100 crore.

Extracted from BS, Aug 28,’15

 

3 Way Techno Foods plans new unit in North India 


3 Way Techno Foods Private Limited is planning sauce, jams, jellies and marmalades manufacturing unit in Noida, Uttar Pradesh.

 

KSIC outlets to come up in Davangere, KIA 


Karnataka Silk Industries Corporation (KSIC) will open a KSIC outlet at Davangere in September 2015.  It is also planning to open an outlet at Kempegowda International Airport. Further, it is holding discussions with Amazon to sell its products online.

Extracted from The Hindu, Aug 29,’15

 

Prasad Sugar & Allied Agro plans new power plant in Western India 


Prasad Sugar & Allied Agro Products Limited is planning a bagasse based co-generation power plant in Ahmedanagar, Maharashtra.

 

Government gives nod for setting up Microbreweries 


The Telangana state government has provided permission for setting up microbreweries in the state. The microbreweries will produce beers of different varieties like wheat beer, dark beer, stouts and porters. The government has instructed that the capacity of a microbrewery should not exceed 1,000 bulk litres per day.

Extracted from NIE, Aug 29,’15

 

Syngene to spend $100 m on new plant at Mangalore SEZ 


Syngene International, a contract research arm of biotech major Biocon is planning to set up a multi-product, multi-client contract manufacturing facility at Mangalore special economic zone (MSEZ) on 48-acres of land. It is in the process of securing approvals and start construction in the next fiscal. It will be operational by FY18 end. Estimated cost of the project is around $100 million (around Rs 660 crore).

Extracted from FE, Aug 29,’15

 

Biggest solid waste treatment plant in state to come up in Haldwani 


Haldwani-Kathgodam Municipal Corporation will have a biggest solid waste treatment plant at Haldwani in Nainital of Uttarakhand on 4 hectares of land. The approval for the project has been granted by the central government under the Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT). Approximate cost of the project is around Rs. 34 crore.

Extracted from TNN, Aug 28,’15

 

Rashtriya Chemicals and Fertilizers to invest around Rs 14,000 crore over next five years 


Rashtriya Chemicals and Fertilizers Limited is planning to invest around Rs. 14,000 crore for expansion plans over the next five years, which includes expansion of  urea capacity at Thal unit (Raigad district) at a cost of Rs 5,458 crore and fertiliser complex at Talcher (Odisha) for Rs 8,000 crore. It is also setting up a sewage treatment plant (STP) at Trombay (Mumbai). It has already received pre-PIB (Public Investment Board) clearance. The project is expected to go on stream by 2018. 

Extracted from ET, Aug 28,’15

 

Veer Plastics plans new unit in Western India 


Veer Plastics Private Limited is planning a warehousing unit in Kutch, Gujarat.

 

Government invites bids for Gorakhpur urea plant revival 


The Union government through Fertilizer Corporation of India Ltd (FCIL) has invited bids to revive its closed fertilizer plant at Gorakhpur in Uttar Pradesh which will require an investment of Rs 6,000 crore. The selected investor will have to setup, design, finance, construct, establish, operate and maintain a gas based 1.27 million tonnes urea plant for a term of 33 years. The project has to be completed within three years.

Extracted from ET, Aug 28,’15

 

Crocodile to expand into north Indian markets 


Crocodile, the flagship brand of S.P. Apparels, has opened an exclusive outlet in Hyderabad. It has also plans to open exclusive, flagship stores in Hyderabad by the year-end. Furthermore, it aims to open such outlets in North India also.

Extracted from The Hindu, Aug 28,’15

 

Creative Polypack plan new unit West Bengal 


Creative Polypack Limited is planning a plastic packaging products unit in Howrah, West Bengal.

 

MCG to set up 6 sewage plants 


Municipal Corporation of Gurgaon is planning to install 5 MLD sewage treatment plants at Ghata, Sector 14, Ghadoli Khurd, Ghadoli Kalan and Wazirabad in Gurgaon. The civic agency will be spending Rs 25 crore to construct and maintain these STPs. Out of the Rs 25 crore, Rs 14 lakh has been set aside for operation and maintenance.

Extracted from TNN, Aug 28,’15

 

2 textile skill centres to come up in Malwa 


The union textile ministry has issued in principle approval for opening of textile skill centres at Malwa and Mansa in Chandigarh. Around 16,000 girls would be provided training in various vocations. These girls would also be provided jobs in the upcoming textiles park in the area on completion of training.

Extracted from TNN, Aug 28,’15

 

Kisan Sahakari Chini plans new unit in Uttar Pradesh 


The Kishan Sahakari Chini Mills Limited is planning a white sugar unit in Azamgarh, Uttar Pradesh.

 

R&D centre for cashew processing to come up at Bantakal 


SMV Institute of Technology and Management (SMVITM) will open a research and development centre for technology up gradation of cashew processing equipments at its Mechanical Engineering Department in Bantakal in August 2015.

Extracted from The Hindu, Aug 28,’15

 

Black Rose Industries plans new unit in Western India 


Black Rose Industries Limited is planning an acrylamide unit in Bharuch, Gujarat.

 

2,000 MW solar power park in Karnataka soon 


According to Union Power Minister, Piyush Goyal, a 2,000 MW solar power park would be set up at Pavagada in district Tumakuru, Karnataka on 10,000 acres of parched land. The park will be built under public-private partnership (PPP) with investment from central and state governments.

Extracted from BS, Aug 27,’15

 

Cybercity to develop Satellite Township; to set up 10 MW solar park 


Cybercity Builders & Developers is planning to set up a satellite township on a 100-acre site near IT hub of Hyderabad abutting the Mumbai highway, close to the terminal point of Hyderabad metro rail project. It is also setting up a 10 MW solar park of solar photo-voltaic park of 5 MW each in Ranga Reddy and Nalgonda districts in Telangana with an outlay of about Rs. 60 crore. The project is planned to be completed by March 2016.

Extracted from HBL, Aug 27,’15

 

Srei arm Attivo to invest Rs.3,000 cr in 2 SEZs 


Attivo Economic Zone, a Srei associate company, is planning to invest around Rs.3,000 crore, in phases, across two of its projects in Tuticorin, Tamil Nadu and Alibuag in Maharashtra. Investments will be spread over a 10-year period. The company will develop a project on 2,500 acres in Tuticorin at a cost of Rs.2,000 crore over a 10 year period; while for Alibaug, it will invest close to Rs.1200 crore over eight-odd years.

Extracted from HBL, Aug 27,’15

 

Himachal to invite fresh bids for cement plant 


According to Himachal Pradesh Industries Minister, Mukesh Agnihotri, Himachal Pradesh will invite fresh bids for granting mining lease for setting up a cement plant in district Chamba.  He added that the lease will be granted through auction.

Extracted from BS, Aug 27,’15

 

Sansera Engineering plans new unit in South India 


Sansera Engineering Private Limited is planning an aircraft components manufacturing unit in Bangaluru(Urban), Karnataka.

 

New industrial estates in four districts 


The Tamil Nadu state government will earmark 165 acres of land for the formation of new industrial estates in Tiruvannamalai, Salem, Tiruvarur and Pudukottai districts. The industrial estates will be set up at a cost of Rs. 30 crore each.

Extracted from The Hindu Aug 27,’15

 

Bosch opens 14th manufacturing unit in India 


Bosch Ltd has opened a new unit at Bidadi near Bengaluru.This is its 14th manufacturing unit in India. The unit will implement industry 4.0 version to optimise the manufacturing processes and will manufacture products for the diesel systems division. The manufacturing facility, which has a built-up area of around 38,000 sq.m., has scope for further expansion. It has come up with an investment of over Rs. 340 crore.

Extracted from HBL, Aug 27,’15

 

Lottee India plans new unit in North India 


Lottee India Corporation Limited is planning a choco pie manufacturing unit in Rohtak, Haryana.

 

Investors keen to set up projects in Punjab: Badal 


Punjab Deputy Chief Minister, Sukhbir Singh Badal, has said that the investors are keen on setting up projects in Haryana. He provided letters of allotment and pre-feasible clearances to paint manufacturing company Kansai Nerolac Paints and Indian Oil Corporation (IOC) for setting up their plants in Goindwal with a total investment of Rs 365 crore. He further said the World Trade Centre would also soon come up at Mohali with investment of Rs 110 crore for which the state government has already allotted the land. 

Extracted from The Hindu, Aug 27,’15

 

Reliance Aerostructure to get 289-acre Mihan land for chopper unit 


Reliance Aerostructure is planning a helicopter (for both civilian and military operations) manufacturing unit at Mihan in Maharashtra.  The Maharashtra state government has decided to hand over 289 acres of land to Reliance for the same.

Extracted from ET, Aug 26,’15

 

Maruti to open 100 NEXA showrooms for premium cars 


Maruti plans to open nearly 100 NEXA showrooms in the next 6-8 months across the country to sell premium cars. The NEXA would offer initially S-Cross model and later several new models would be added.

Extracted from HBL, Aug 26,’15

 

Mercedes-Benz launches three new outlets in Chennai 


Mercedes-Benz India has opened state-of-art new outlets at Thoraipakkam on OMR, an exclusive city showroom in Mount Road and a state-of-art service centre at Perungudi in Chennai, Tamil Nadu. The new dealership is part of the company’s ’15 in 15’ network strategy in India to launch 15 new models and 15 new dealerships in 2015.

Extracted from BS, Aug 26,’15

 

Kent to invest Rs100 cr to build new facility in Noida 


KENT RO Systems is planning a 1 million-unit water purifier unit in Noida on a 2,300 sq ft plot in India. Approximate cost of the project is around Rs. 100 crore.

Extracted from ET, Aug 26,’15

 

IFFCO launches joint venture with Mitsubishi Corp for manufacturing agrochemicals 


Fertiliser cooperative IFFCO has formally launched a joint venture with Japanese firm Mitsubishi Corp for manufacturing agrochemicals in India that will start operation in this rabi season starting October. IFFCO holds 51 per cent stake and the rest is held by Mitsubishi in the joint venture IFFCO-MC Crop Science Private Ltd.

Extracted from ET,Aug 26,’15

 

MNM Triplewall Containers plans new unit in South India 


MNM Triplewall Containers Private Limited is planning a corrugated paper board manufacturing unit in Krishnagiri, Tamil Nadu.

 

Plan to set up industrial park near Udupi 


According to Pramod Madhwaraj, MLA, an industrial park in Udupi assembly will be set up on 200 acres of land area. Besides, A Government Tool Room and Training Centre would be set up at Village Uppoor near Udupi shortly. This centre will give training in manufacturing tools and other components needed for the industry. It would also help manufacturers deal with issues of quality training, accreditation and certification. Approximate cost of the project is Rs. 48 crore.

Extracted from The Hindu, Aug 26,’15

 

Laxmi Business and Cement plans new unit in Bihar 


Laxmi Business and Cement Company Private Limited is planning a portland slag cement (Clinker) unit in Hazaribagh, Bihar.

 

Mumbai set to have India's tallest commercial building 


The Union Ministry of Shipping is planning to construct a 130-storey commercial building in Mumbai on Mumbai Port Trust land. The building will house mostly offices along with other amenities. Approximate cost of the project is around Rs. 10,000 crore.

Extracted from ET, Aug 26,’15

 

STP to partially be commissioned in October 


The Nagpur Municipal Corporation’s 130 MLD waste water treatment plant under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) will be commissioned partially in October ’15 and fully by the end of the year. The initial cost of the project was Rs.130 crore, which escalated to Rs.195 crore. Besides, NMC had already submitted plans to central government under JNNURM for building three more STPs including north, central and south zones.

Extracted from TNN, Aug 26,’15

 

Rs. 1-lakh cr. highway projects to be awarded this year 


According to the Union Road Transport and Highways Minister, Nitin Gadkari, the Union government has set a target of awarding highway projects estimated at Rs. 1 lakh crore this year and Rs. 5 lakh crore in the next four years.

Extracted from The Hindu, Aug 26,’15

 

Signature Tower to be built in two phases 


Andhra Pradesh Industrial Infrastructure Corporation Limited is planning two phase Signature Tower on the sea-facing Rushikonda hills in the Madhurawada IT Special Economic Zone, Visakhapatnam on 17.98 acres of land. American property firm Jones Long LaSalle (LSS) has been appointed as a project consultant. For construction of the tower as part of the first phase, an investment of Rs.290 crore is envisaged in the Public Private Partnership mode. Private investor or consortium will take up the project under Design, Build, Operate, and Transfer basis.

Extracted from The Hindu Aug 25,’15

 

Government mulls to set up solar thermal plants on railway land: Suresh Prabhu 


According to the Union Railway Minister, Suresh Prabhu, the union government is planning to set up solar thermal plants on land parcels owned by the Railways. Currently, the ministry is studying the feasibility of such projects and plans to execute those projects through PPP model.

Extracted from ET, Aug 25,’15

 

Woxsen School to open new campus in Hyderabad 


Woxsen School of Business has opened its new campus at Sadashivpet, Hyderabad in August 2015. It has invested Rs.200 crore in the phase I and also plans to invest Rs. 300 crore in the next two to three years.

Extracted from HBL, Aug 25,’15

 

ADAMA sets up formulations lab in Hyderabad 


ADAMA India, the Indian arm of the Israeli firm ADAMA Agricultural Solutions, has opened a 10,000 sq ft R&D lab cum formulations facility at the IKP Knowledge Park, Hyderabad. The facility spread across two blocks and has three wings — synthetic labs, analytical labs and scale-up laboratory.

Extracted from HBL, Aug 25,’15

 

British firm likely to set up new waste treatment plant 


The Kerala state government has proposed to set up a modern waste treatment plant at Brahmapuram, Kochi. KITCO, the consultant of the Kochi Corporation, has identified a British company to set up the same. The selected firm had submitted the technical and financial bids for the project, only the technical bid has been opened. Approximate cost of the project is around Rs.300 crore.

Extracted from The Hindu, Aug 25,’15

 

Mehsana Dairy plans new unit in Western India 


Mehsana Dairy and Food Products Limited is planning a milk processing and other dairy products manufacturing unit in Mehsana, Gujarat.

 

Lenskart to invest Rs 60 crore to set up a new facility 


Lenskart, Online eyewear retailer, is planning a spectacles manufacturing facility in India. Approximate cost of the project is around Rs.60 crore. It has said that the two thirds of the proposed investment will be spent on machines and equipment. Further, it has also plans to open 100 retail outlets across the country in this financial year.

Extracted from ET, Aug 25,’15

 

Global Steel & Power plans new plant in Madhya Pradesh 


Global Steel & Power Private Limited is planning a solar power plant in Mandsur, Madhya Pradesh.

 

Rane TRW Steering sets up airbag plant 


Rane TRW Steering Systems, a 50:50 JV between auto parts major Rane group and ZF TRW, a global steering and other auto parts major, has set up an assembly plant for airbags (used in cars). The plant has an initial capacity of five lakh units per annum and would be expanded to one million by the end of this fiscal.

Extracted from FE, Aug 25,’15

 

Hamd Foods plans new unit in Uttar Pradesh 


Hamd Foods Private Limited is planning a frozen boneless buffalo meat processing unit in Aligarh, Uttar Pradesh.

 

Maruti adds 50 new outlets in June quarter 


Maruti Suzuki adds 50 outlets in India during the quarter ended June 30, 2015. With the expansion, the number of Maruti sales outlets has increased to 1,670, covering 1,336 cities and towns.

Extracted from BS, Aug 25,’15

 

Amrita Impex plans textile unit in Uttar Pradesh 


Amrita Impex is planning a readymade garments unit in Noida, Uttar Pradesh.

 

Funskool opens eighth retail outlet 


Funskool India Limited has opened its first store at the Forum Vijaya Mall in Chennai. The new Funskool brand store is the eighth retail outlet in the country and is spread over 1,350 sq ft space. The newly-opened store has LEGO, Leap Frog, Tomy, Ravensburger, Siku, Hornby and licensed products from Disney, Warner Brothers and Nickelodeon.

Extracted from NIE,Aug 25,’15

 

Tata Trusts signs MoU with AP for developing smart villages 


Tata Trusts has signed a MoU with the Andhra Pradesh state government to develop 264 villages in Vijayawada constituency and transform them into smart villages. Based on the agreement, the Tata Trusts has agreed to work in the areas of bamboo cultivation, fisheries, health and nutrition and village development.

Extracted from HBL, Aug 24,’15

 

JJF Castings plans new unit in Rajasthan. 


JJF Castings Limited is planning a solar panel, solar cell, cookers, air & water heating systems and other related items manufacturing unit in Ajmer, Rajasthan.

 

Somany Ceramics plans new unit in Haryana 


Somany Ceramics Limited is planning a ceramic products (N E C) manufacturing unit in Jhajjar, Haryana.

 

Coal India to invest Rs 5,900 crore, clears 3 projects of 40 mn tonnes capacity 


Coal India (CIL) is planning to reach 1 billion tones of mines in output by 2020. It has cleared three projects with a total production capacity of 40 million tonnes. One of projects is the Rs 3,600-crore, Lakhanpur-Belpahar-Lilari, 30 million tonnes (MT) integrated open cast mine in Odisha under Mahanadi Coalfields. Then there’s the Rs 1,550-crore, Rampur-Batura (new mine), 4 MT project under South Eastern Coalfields. The third project is the Rs 750-crore, Yekona 1 & 2 amalgamate, a 2.75 MT open cast mine under Western Coalfields.
Extracted from ET, Aug 24,’15

 

Liva Pharma plans new unit in Western India 


Liva Pharmaceuticals Limited is planning a Ranitidine Injection USP manufacturing unit in Vadodara, Gujarat.

 

HBL Power Systems plans new unit in South India 


HBL Power Systems Limited is planning spun concrete products including piles and poles unit in Vizianagaram, Andhra Pradesh.

 

Delhi Jal Board commissions first hydropower plant 


Delhi Jal Board (DJB) has commissioned a hydelpower plant which will produce a 20,000 kWh of electricity per year at Chilla area in East Delhi. This is the first plant in Delhi which will run through hydraulic turbines propelled by treated effluent coming out of a sewerage treatment plant (STP).

Extracted from HBL, Aug 23,’15

 

Imperia launches Bandhan, India’s first one stop wedding mall 


Imperia Structures Limited has announced the launch of a wedding mall at Knowledge Park V, Greater Noida West. The ground floor of Bandhan mall will house designer showrooms for the bride and groom, diamond and gold jewellery shops, and make-up salons. The first floor of the mall will offer the services of astrologers, wedding planners, and travel agencies. Besides serving all wedding-related needs, the complex will have a 3-screen multiplex, a multi-activity adventure zone, food courts, cafes, and a Roman styled atrium.

Extracted from FE, Aug 23,’15

 

Master plans approved for 50 solar cities 


According to the union ministry of new and renewable energy, the government has proposed 60 solar cities across the country. It has approved the master plan to develop 50 solar cities, for which master plans have been prepared for 46 cities. Further, in-principle approvals have been given to five cities - Thiruvananthapuram, Jaipur, Indore, Leh and Mahabubnagar.

Extracted from TNN,Aug 23,’15

 

Modern sewage plant to come up in Guntur city 


The Andhra Pradesh state government has promised to take up an ultra modern sewage treatment plant in Vijayawada to suit the cities requirements. The government has also plans to set up sewage treatment plants in all the 110 municipal bodies in the state in a phased manner.

Extracted from TNN, Aug 22,’15

 

Sethia Oil Industries plans new unit in Uttar Pradesh 


Sethia Oil Industries Limited is planning a cattle feed manufacturing unit in Sitapur, Uttar Pradesh.

 

Solar Energy Corp to set up 4 Parks totalling 600 MW in UP 


Solar Energy Corporation of India (SECI) is planning solar parks in Jalaun (350 MW), Allahabad (50 MW), Mirzapur (100 MW) and Sonbhadra (100 MW) districts of Uttar Pradesh. The land at the four places has also been identified, which put together a span of over 1,200 hectares. The biggest unit at Jalaun would be set up in association with UP New and Renewable Energy Development Agency, which is Uttar Pradesh government’s state nodal agency.

Extracted from BS, Aug 22,’15

 

Gujarat Foils to set up Rs1700cr plant at Umred 


Gujarat Foils Limited (GFL) is planning a 60,000 tonnes Greenfield aluminium foil making plant at Umred, Nagpur. Maharashtra Industrial Development Corporation has allotted 26 acres of land for the same. The plant is expected to be completed in two years. Approximate cost of the project is around Rs. Rs.1700 crore.

Extracted from TNN, Aug 22,’15

 

Diamond Park Project to come up in Indore under PPP model 


Madhya Pradesh Audyogik Kendra Vikas Nigam is planning a Diamond Park Project under PPP (Public Private Partnership) at Village Rangwasa, Indore on 254 acres of land area. Special Economic Zone (SEZ) will be developed on 134.2 acres and domestic industries will be established on the remaining 120.03 acres. Of the 134.2 acres of SEZ, 95 industrial plots will be developed on the core area of 44.52 acres, while hotel, township, auditorium, hospital, school, training centre, administrative building among others will be built on the remaining 53.33 acres of the non-core area.

Extracted from ET, Aug 21,’15

 

Skipper plans 25,000 TPA capacity addition in T&D segment 


Skipper Limited is planning to add 25000 tonnes of power transmission tower manufacturing capacity this year. Further, it has also decided to add 25,000 tonnes per annum every year from this year on wards. This will be brownfield expansion and require very less capex.

Extracted from HBL, Aug 21,’15

 

Government to invest Rs 1,000 crore in reviving SAIL's VISL plant 


The Union government is planning to modernize and to expand Steel Authority of India's VISL plant by investing Rs 1,000 crore. The investment will be subject to recommendations of consultants and approval by the SAIL.

Extracted from ET, Aug 21,’15

 

Milk Mantra to ramp up capacity 


Milk Mantra is planning to increase its dairy processing capacity from its current 75000 litres per day to 0.25 million litres per day at its Gop plant in Puri by January 2016. Approximate cost of the project is around Rs. 25 crore. Further, it has also plans to enhance its Sambalpur facility from its current 50000 litres per day to 0.1 million litres per day with an investment of Rs.10 crore.

Extracted from BS, Aug 21,’15

 

GHMC plans to set up 500 e-libraries 


The Greater Hyderabad Municipal Corporation (GHMC) is planning to open 500 e-libraries under its limits in the first phase. GHMC will provide the required furniture, two computers, books, newspapers etc at these e-libraries.

Extracted from NIE, Aug 21,’15

 

2 more LPG bottling plants to come up in state 


Indian Oil Corporation (IOC) is planning to set up two new bottling plants, one each on the outskirts of Dehradun and Kumaon region in Uttarakhand. Other details are not disclosed.

Extracted from TNN, Aug 20,’15

 

Karnataka to have largest solar park 


Karnataka Renewable Energy Development Limited is planning to generate a 1600 MW solar power on 15000 acres of land near Bengaluru. The state government is planning to develop more parks to generate at least 100 GW of solar power.

Extracted from NIE, Aug 19,’15

 

Montex Glass Fibre plans new unit in Maharashtra 


Montex Glass Fibre India Private Limited is planning glass fibre fabrics and its allied products manufacturing unit in Nashik, Maharashtra.

 

Consumer durables maker Haier to invest Rs 465 crore to expand Pune facility 


Haier, consumer durables maker, is planning to expand its Ranjangaon facility in Pune, Maharashtra. Approximate cost of the project is around Rs 465 crore. Besides, it has also plans to set up a new design centre to bolster its plan to create more India-centric products.

Extracted from ET, Aug 20,’15

 

Avanti Frozen Foods plans new unit in South India 


Avanti Frozen Foods Private Limited is planning a shrimp processing unit in East Godavari, Andhra Pradesh.

 

NTPC to set up 4,000-MW thermal power plant at Ramagundam 


The National Thermal Power Corporation Ltd (NTPC) is planning a 4000-MW thermal power plant at Ramagundam in Karimnagar district of Telangana. It will set up two plants comprising two units of 800-MW each in the first and eight units of 300-MW capacity each in the second at Ramagundam as part of the 4,000-MW project. Environmental clearance has already been secured for the first-phase of 1,600-MW plant and tenders have also been called for it. The proposal to set up 2,400-MW plant in the second-phase is likely to be taken up by the Executive Board of NTPC soon.

Extracted from The Hindu, Aug 20,’15

 

Service co-operative bank plans cancer centre in Kozhikode 


The Calicut City Service Co-operative Bank will set up a cancer centre in Chathamangal panchayat near NITC on 15.5 acres of land. Arun Nalappad from Bangalore and Tony Joseph, Kozhikode-based architect, have been roped in to design the hospital, which will be eco-friendly. The hospital will start function from January 2017. Estimated cost of the project is around Rs 400 crore.
Extracted from TNN, Aug 19,’15

 

Waste-to-energy project: Railways to set up plants at New Delhi, Jaipur 


The Railways will set up plants at New Delhi and Jaipur stations for disposal of solid waste in an environmental-friendly manner and generation of energy from the garbage, under waste-to energy project of the Railways. RITES, a railways subsidiary, has invited Expression of Interest for the project. Plants would be run on build, operate and maintain basis for a period of at least 10 years.

Extracted from HBL, Aug 19,’15

 

Indian economy can grow by 7.5-8 per cent despite deficient monsoon: Bibek Debroy 


According to Niti Aayog member Bibek Debroy, India’s economy could grow by 7.5-8% in FY16 despite deficient monsoon rains as most sectors of the economy has shown an uptick in recent months. Debroy expects economic growth in the second half of the year would outpace that in the first half as recent policy steps and a step-up in public spending would start showing results in the later part of the year. The first quarter GDP data is scheduled to be released on August 28.

Extracted from FE, Aug 19,’15

 

Six more HMV Institutes to come up in Odisha 


The Odisha state government is planning to set up heavy motor vehicle (HMV) Driver Training Institutes in Berhampur, Keonjhar, Khurda, Koraput, Sambalpur and Angul districts of the state. The institutions at Berhampur and Keonjhar will be the first to go to ground. Those will be established at a cost of Rs 11 crore each and are targeted to be completed in two to three years. Work on the rest four will commence in phases.

Extracted from NIE, Aug 19,’15

 

Light jewellery maker Krizz to invest Rs 100 cr in Gujarat in FY16 


Krizz Jewellery, a unit of Kanishk Gold Pvt Ltd, is planning to open B2B jewellery showroom at Ahmedabad, Gujarat in August 2015 followed by New Delhi, Mumbai and Dubai. It has also plans to open B2B stores at Vadodara, Surat and Rajkot in Gujarat by the end of this fiscal with an investment of Rs.100 crore.

Extracted from TNN, Aug 19,’15

 

Whirlpool launches 'built-in-showroom' in Tamil Nadu 


Whirlpool India has opened its Built-in Showroom, 'Whirlpool Haute Kitchen' in Chennai, Tamil Nadu. Earlier, it has opened such type of outlet in Bengaluru this year. It has also plans to open eight such outlets across India by September 2015.

Extracted from ET, Aug 19,’15

 

Cubatics Industries plans new unit in Western India 


Cubatics Industries Private Limited is planning a knitted fabrics manufacturing and processing unit in Surat, Gujarat.

 

ONGC to dig 17 new wells in Krishna 


The Oil and Natural Gas Corporation (ONGC) is planning to dig 17 new wells at Chinapandraka, Bantumilli, Malleswaram and Nagayalanka in district Krishna, Andhra Pradesh in the next two to three years. Investment per well will be approximately Rs. 45 crore. Approximate total cost of the project is around Rs. 765 crore.

Extracted from The Hindu, Aug 19,’15

 

Kansai Nerolac plans new unit in North India 


Kansai Nerolac Paints Limited is planning a water based paints and powder paints unit in Punjab.

 

11 solid waste power plants to be set up across state 


The Andhra Pradesh state government has decided to set up 11 power plants across the state using solid waste as fuel. Tenders will be floated shortly and the project will be completed in 18 months. Approximate investment to be made for the project is around Rs 300 to 500 crore.

Extracted from NIE, Aug 18,’15

 

OXXY to set up hospitals across metros cities of India 


OXXY will launch its hospital chain in India. It will set up hospitals in the metros and a few other cities under its belt in the next few months, which will have the capacity of 50 to 500 beds. It has also opened more than 60,000 information centres in about 500 cities of India.

Extracted from FE, Aug 18,’15

 

Maple Ceramica plans new unit in Karnataka 


Maple Ceramica Private Limited is planning ceramic tiles manufacturing unit in Gadag, Karnataka.

 

 

In Odisha, 20 IPPs yet to begin construction work 


The Odisha state government has signed MoUs with 30 IPPs between 2000 and 2014, envisaging total thermal power production of around 37,000 MW and involving investment of over Rs one lakh crore. Among those, Tata Power, Visa Power, Sahara India Power Corporation Ltd, Visaka Thermal Power Ltd, NSL Nagapatanam Power & Infratech Pvt Ltd, CESC Ltd and SPI Ports are yet to commence construction on their projects in the state.

Extracted from BS, Aug 18,’15

 

India to see 2,500 MW additionall solar power capacity: Report 


According to Mercom Capital Group, India is projected to add 2,500 MW solar power generation capacity this year as the country's solar market is set to "take off". The report further said that the solar installations year-to-date is approximately 1,400 MW. Cumulative solar installations in India have now crossed 4.5 GW (4,500 MW).

Extracted from ET, Aug 18,’15

 

Dabur India plans new unit in Uttarakhand 


Dabur India Limited is planning a glucose manufacturing unit in Udhamsingh Nagar, Uttarakhand.

 

African firm Techno Brain to invest $10 million in India 


Techno Brain, a Nairobi headquartered custom software application provider, is planning to set up a centre of excellence for research and development in cloud & mobile solutions in Andhra Pradesh either Telangana. It plans to invest around $10 million (approximately Rs 65 crore) for the same. At present, it has R & D centres in Bangalore and Hyderabad.

Extracted from ET, Aug 18,’15

 

Bhasvat Solar plans new power plant in South India 


Bhasvat Solar Energy Private Limited is planning a solar power plant in Kurnool, Andhra Pradesh.

 

Aim to complete Vizhinjam port project in 1,000 days: Gautam Adani 


Adani Ports and Special Economic Zone Ltd has received a letter of award to construct Vizhinjam port in Kerala in July 2015. The construction work of the port will be started in Nov’15. It plans to complete the project in 4 years or in 1000 days. Approximate cost of the project is around Rs. 4,089 crore.

Extracted from ET, Aug 18,’15

 

Century LED plans new unit in East India 


Century LED Limited is planning an electric lighting equipment manufacturing unit in Howrah, West Bengal.

 

Aerospace park plan gets going, 12 firms given nod 


The Tamil Nadu state government has proposed an aerospace and defence park on Sriperumbudur-Oragadam Road near Chennai. The state government has issued an in-principle clearance to 12 aircraft component manufacturing companies and they will be allotted land in the park very soon.

Extracted from TNN, Aug 18,’15

 

Smart Agro Food Park plans new unit in Telangana 


Smart Agro Food Park Private Limited is planning a multipurpose cold storage facility in Nizamabad, Telangana.

 

 

Govt gives nod to 18 Chinese firms to set up base in India 


The Union government has cleared 18 applications that were received from Chinese firms since June 2014 to either set up project offices, branch offices or liaison offices in the country. Several of these applications belong to power sector, some from construction companies and a few from petroleum companies. The list also includes an airlines company and a prominent tyre manufacturer.

Extracted from FE, Aug 18,’15

 

SAIL sets up converter unit in MP 


SAIL has set up its first joint venture conversion unit at Billowa in Madhya Pradesh. The unit will convert 60,000 tonnes of billets supplied by SAIL into one lakh tonnes TMT bar and rods. The majority partner Prime Gold holds 74 per and SAIL has 26 per cent. The unit has been set up with a combined investment of Rs 60 crore.

Extracted from HBL,Aug 17,’15

 

Essar Ports plans Rs.3,500 crore capex for upgrade, expansion 


Essar Port plans to expand and upgrade its ports across India, with a capital expenditure of Rs. 3500 crore. To upgrade Salaya terminal, it will invest around Rs 350 crore. Paradip coal terminal would require about Rs 850 crore and Hazira terminal expansion would cost about Rs 750 crore, to expand its capacity from 30 to 50 million tonnes. At Vizag coal terminal Rs 1,150 crore would be invested. Remaining funds will be used for other port related works.

Extracted from HBL, Aug 17,’15

 

Amul to build Rs 600 crore cheese plant in Palanpur, Gujarat 


Gujarat Co-operative Milk Marketing Federation, owner of the country's top dairy products brand Amul, is planning a cheese plant in Palanpur, Gujarat. The plant will initially produce mozzarella and processed cheddar cheese. Approximate cost of the project is around Rs.600 crore.

Extracted from ET, Aug 17,’15

 

Khazana in expansion mode 


Khazana Jewellery has opened a 45,000 sft Jewellery showroom in Visakhapatnam, Andhra Pradesh. It has also plans to open such stores at Jagadamba, Anakapalle and Madhurawada in Andhra Pradesh. Further, it also plans to open stores in Singapore, Malaysia and London to take its total number of showrooms to 100 in the next three years.

Extracted from The Hindu, Aug 16,’15

 

Vectus Industries plans new unit in MP 


Vectus Industries Limited is planning a PVC fitting manufacturing unit in Morena, Madhya Pradesh.

 

Modern vegetable market to come up in Belagavi 


The Karnataka state government is setting up a modern vegetable market at the Agricultural Produce Marketing Committee yard in Belagavi. A sum of Rs. 69 crore had been sanctioned for the same, for which Rs.40 crore has been already released by the state government.

Extacted from The Hindu, Aug 16,’15

 

Chandrahasni Ispat plans new unit in Chattisgarh 


Chandrahasni Ispat Private Limited is planning steel ingot & other semi finished steel products unit in Raigarh, Chattisgarh.

 

Cinepolis to invest Rs 500cr in India 


Cinepolis is planning to increase its total number of screens to 400 from its current 206 in the next two years in India. It plans to open new screens in Bengaluru, Kochi, Chandigarh, Kolkata, Delhi and Guwahati . Approximate investment to be made for the project is around Rs.500 crore.

Extracted from TNN, Aug 15,’15

 

Asset Homes announces Rs 1000 crore apartment projects 


Asset Homes is planning to launch two residential projects in Thiruvananthapuram and five in Kochi, Kerala. Besides, it has also plans to launch residential projects across Kerala with the investment of Rs.1000 crore.

Extracted from ET, Aug 14.’15

 

Odisha plans Textile Park at Choudwar and Bhadrak 


The Odisha state government is planning to set up two integrated textile parks at Choudwar and Bhadrak. Further, Shahi Export is also setting up a textile unit in Odisha. It will invest around Rs.36 crore for the unit.

Extracted from TNN, Aug13,’15

 

Nutrilon Milk and Milk plans new unit in South India 


Nutrilon Milk and Milk Private Limited is planning a milk powder manufacturing unit in Chikballapur, Karnataka.

 

 

GMR begins operation of 370-MW Vemagiri power plant 


GMR Infrastructure Ltd has commenced the operation a 370-MW gas-based power plant at Vemagiri in Andhra Pradesh. The plant is operating at 95 per cent plant load factor (PLF) at present thereby generating 350 MW and supplying power to AP Transco. 

Extracted from HBL, Aug 13,’15

 

 

Taiwan electronic manufacturing cluster at Bengaluru 


The Karnataka state government is planning to create a Taiwanese electronic manufacturing cluster near Bengaluru airport in Karnataka. It has signed an agreement with the Taiwan Electrical and Electronic Manufacturers Association for the same. Estimated cost of the project is around $500 million (Rs 3,200 crore). The investments will begin in the next six to nine months.

Extracted from BS, Aug 13,’15

 

Susheel Yarns plans new unit in Rajashtan 


Susheel Yarns Private Limited is planning a weaving, manmade fibre and manmade mixture fabrics unit in Bhilwara, Rajasthan.

 

NTPC invites bid for 100 mw solar plant in UP 


NTPC is planning a 100 MW (10*10 MW) solar power plant in Uttar Pradesh under National Solar Mission. It has invited global bids for the same. NTPC also developing a 1000 MW solar power project in Anantapur district of Andhra Pradesh. This project is proposed to be executed in three phases of 250 MW, 500 MW and 250 MW.

Extracted from ET, Aug 13,’15

 

REC disburses Rs 16,070 crore to Telangana Power Plant 


Telangana State Power Generation Corporation Ltd (TSGENCO) is setting up a 5x800 MW ultra mega power project at Yadadri, Telangana. Rural Electrification Corporation (REC) has disbursed an amount of Rs 16,070-crore loan for the same to TSGENCO. Earlier, REC had signed a MoU with TSGENCO in Feb’15 for providing the financial assistance to the extent of Rs 20,000 crore for the project.

Extracted from ET, Aug 12,’15

 

 

Somany Ceramics to open 80 new showrooms by fiscal end 


Somany Ceramics, tiles, sanitary ware and bathroom fittings manufacturer, is planning to add 80 new showrooms in the country to push up the total to 250 pan - India by the end of the present fiscal. Besides, it is also planning to set up a new manufacturing unit in the Southern India. Project location and other details are yet to be finalized.

Extracted from HBL, Aug 12,’15

 

Spencers Retail launches two hyper stores in Hyderabad 


Spencer’s Retail has launched two new hypermarkets at L B Nagar (30,000 sq ft) and Ramanthapur (35,000 sq ft) in Hyderabad. The two stores which offer more than 20,000 quality products at an affordable price will also have a range of organic foods, frozen items, dry fruits, spices and apparels.

Extracted from HBL, Aug 12,’15

 

Adani's new container terminal at Ennore to go on stream by March 2016 


Adani Ports and Special Economic Zone Limited (APSEZ) is implementing a multi phase new container terminal at Ennore, Tamil Nadu. Total capacity of the terminal would be 1.2 million TEUs, of which 0.8 million TEUs will be ready in the first phase. The first phase of the project is expected to go on stream by March 2016. The terminal is being constructed at a cost of Rs 1,270 crore.

Extracted from BS, Aug 12,’15

 

Athirappilly hydroelectric project gets EAC nod 


Kerala State Electricity Board (KSEB) is planning a 163 MW hydroelectric project at Athirappilly. The project has received the clearance from the Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects.

Extracted from The Hindu, Aug 12,’15

 

Maxgrow Saw plans new unit in Maharashtra 


Maxgrow Saw Private Limited is planning MS saw pipes manufacturing unit in Kolhapur, Maharahstra.

 

 

India's super rich grow by 17% in FY15 


According to Kotak Wealth Management’s annual wealth report, Top of the Pyramid 2015, growing opportunities in e-commerce, a rising stock market and an optimistic economic outlook have helped the number of ultra-high networth households (UHNHs) in India grow 17 per cent in FY15. The report said that, in the current financial year, the number of families with net assets (excluding residence) of more than Rs 25 crore was around 137,100 against 117,000 a year back.

Extracted from BS, Aug 12,’15

 

LN Oils plans new unit in South India 


LN Oils plans cotton seed and cake & cotton seed oil unit in Dharwad, Karanataka.

 

Swatch to open own-brand stores in India 


Swatch Group, Swiss jewelry and watchmaker, is planning to open 30 to 40 retail stores over the next three years in India. It is waiting for the permission from India’s commerce ministry.

Extracted from ET, Aug 11,’15

 

Prabhat Rotopack plans new unit in Uttar Pradesh 


Prabhat Rotopack Private Limited is planning a woven fabrics unit in Mathura, Uttar Pradesh.

 

Swipe to set up smartphone, tablet manufacturing unit in Pune 


Swipe Technologies is planning a smartphone and tablet manufacturing unit in Pune. Approximate cost of the project is around $3 million (about Rs 19 crore). Further, Swipe is still in talks with investors to raise $20 million (about Rs 130 crore) in the next six months to expand its research and development operations.

Extracted from ET, Aug 11,’15

 

Kisan Mouldings plans new unit in PVC pipes 


Kisan Mouldings Limited is planning a PVC pipes manufacturing unit in Tumkur, Karnataka.

 

 

Tata Steels Kalinganagar plant to be commissioned by December 


Tata Steel is implementing a 6 MTPA Greenfield multi phase steel plant at Kalinganagar, Odisha on 3000 acres of land. In the first phase, Tata Steel will produce 3 MTPA hot-rolled steel. The sequencing of activities is likely to be completed within next three to four months. The company has already invested nearly Rs.22,000 crore out of Rs.25,000 crore estimated for installing 3 MTPA capacity in the first phase. The steel major will invest another Rs.15,000 crore in the second phase to achieve 6 MTPA capacity steel production by 2019.

Extracted from The Hindu, Aug10,’15

 

NMDC to soon finalise land in West Singhbhum for Jharkhand plant 


NMDC is planning a 6 MTPA integrated steel plant in district West Singhbhum, Jharkhand on 3000 acres of land. NMDC has signed a MoU in June with the Jharkhand government to set up the same through the Special Purpose Vehicle (SPV) route.

Extracted from FE, Aug 09,’15

 

Superhouse plans new unit in North India 


Superhouse Limited is planning a sports footwear manufacturing unit in Unnao, Uttar Pradesh.

 

Rs 2,000 cr for LPG plants, LNG terminals in TS, AP 


The Union Petroleum Ministry is planning LPG plant expansion and LNG terminals projects in Telangana and AP at an investment of Rs.1100 crore and Rs.900 crore respectively.  Projects among are LNG terminals at a cost of Rs 90 crore in Warangal, Rs 450 crore in Nalgonda, Rs 120 crore in Karimnagar and Rs 80 crore in Cherlapally area in Hyderabad, Telangana. Similarly, LNG terminals would be set up in Chittoor and Guntakal of AP.

Extracted from NIE,Aug 09,'15

 

Mundra Solar Technopark plans new unit in Western India 


Mundra Solar Technopark Private Limited is planning a solar PV equipment manufacturing unit in Kutch, Gujarat.

 

GITAM sets up fatigue testing laboratory on campus 


GITAM University has established a sophisticated modern fatigue testing laboratory in the campus in its Mechanical Engineering Department, Vishakapatnam. The laboratory has been established with the support of Department of Science and Technology (DST), Government of India.

Extracted from NIE, Aug 07,’15

 

Orient Fashion Exports plans new unit in Uttar Pradesh 


Orient Fashion Exports (India) Private Limited is planning a readymade garments unit in Shajahanpur, Uttar Pradesh.

 

CII to set up a centre to help start-ups in smaller towns 


Confederation of Indian Industry (CII) is planning to set up a centre of excellence to help build start-ups in smaller towns across India. The centre will aid entrepreneurs to create business plans, tools and applications for rural areas.

Extracted from BS, Aug 07,’15

 

Megha Fruit Processing plans soft drinks unit in Southern India 


Megha Fruit Processing Private Limited is planning a carbonated soft drinks manufacturing unit in Medak, Telangana.

 

GSK pharma to invest Rs. 1,000 cr. in Vemagal 


Glaxo Smith Kline Pharmaceuticals Ltd is planning a pharmaceutical tablets and capsules manufacturing unit at Vemagal Industrial Area in Kolar district of Karnataka on 50 acres of land. Estimated cost of the project is around Rs.1000 crore.

Extracted from The Hindu, Aug 06,’15