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  Mar 05, 2023

Rs 15,626 crore approved under Agriculture Infrastructure Fund

Loans amounting to Rs 15,626 crore have been sanctioned under Agriculture Infrastructure Fund to create 21,380 infrastructure units at an aggregate investment of more than Rs 32,000 crore all over the country till this year.

  Mar 05, 2023

Centre to develop 100 airports by 2024 under UDAN scheme

Under the UDAN scheme, the Ministry of Civil Aviation has identified 18 airports in Uttar Pradesh, 6 airports each in Rajasthan and Odisha. The government has also developed and operationalised nine heliports in the NSOP category under the UDAN scheme in Himachal Pradesh and Uttarakhand

  Mar 05, 2023

Nissan, Renault to invest Rs 5,300 crore in India

Nissan Motor Co and Renault SA would invest Rs 5,300 crore in India to launch six models, including two electric vehicles (EV). The companies announced a new long-term plan for India that will increase production, scale up research and development and shift to carbon-neutral manufacturing.

  Mar 05, 2023

Sunlit partners with Lucas to supply 50,000 EVs to industries

Storage battery maker and distributor Sunlit Power has collaborated with Lucas TVS under which it will supply 50,000 electric vehicle motors and controllers manufactured by TVS group company to various industries.

  Mar 05, 2023

Hindustan Zinc to pump in $1 bn to replace diesel-run mining vehicles

Vedanta group firm Hindustan Zinc has earmarked a $ 1 billion investment for converting its diesel-run 900-odd mining vehicles into battery-operated ones over the next five years. Hindustan Zinc is steadily switching to electric vehicles for its underground mine operations.

  Mar 05, 2023

Volvo to build new EV manufacturing facility in India

Volvo Cars is exploring possibilities to set up a new electric vehicle manufacturing facility outside China and India is a contender in the race. The demand for EVs is expected to jump in 2023 due to advancements in charging infrastructure and price parity with diesel and petrol engine vehicles.

  Mar 05, 2023

General Atomics initiates 3 projects in India

General Atomics has started three significant projects in India in the field of artificial intelligence, drones and semipconductors. With Bharat Forge, General Atomics Aeronautical Systems (GA-ASI) has entered into a partnership in the critical field of aerostructure manufacturing and with 114ai.

  Mar 05, 2023

Sanjiv Goenka Group to invest Rs 10,000 crore in Uttar Pradesh

RP Sanjiv Goenka Group will invest Rs 10,000 crore in Uttar Pradesh. Out of this, Rs 7,500 crore will be invested in renewables, while power distribution and retail sectors will receive Rs 1,000 crore each

  Mar 05, 2023

IndusInd invests Rs 140 crore in Sushma group's commercial projects

Punjab-based real estate firm Sushma Group has raised Rs 140 crore from IndusInd Bank to fund its commercial projects. In a statement, the Sushma Group said that IndusInd Bank has committed Rs 50 crore to its commercial project 'Sushma Capital'

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