Okinawa Autotech will invest over Rs 220 crore in the next three years on the development of new products and powertrain. The development will take place at its newly inaugurated first research and development centre in Italy, set up in association with its joint venture partner Tacita.

Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways, informed about the union government’s plan to set up a modern floating jetty at the Biswanath Ghat soon. This will create a smooth platform to transport both cargo & passengers via waterways which in turn will transform the local economy.

The Jammu and Kashmir government has launched an ambitious project targeted to revolutionise the food processing sector and transform the lives of farmers in the UT. The "UT Level Food Processing Programme for Development of Clusters for Specific Products of J&K" is a Rs 879.75 crore initiative that aims to maximise farmer income and minimise post-harvest losses.

With several countries of the world slipping into a recession, tyre maker Ceat is planning to invest in the off-highway tyres segment. Agricultural activity gets less impacted compared to industrial activity even during a recession, feels Anant Goenka, MD, Ceat. Speaking to Sohini Das, Goenka highlights how continuous investments in digitisation has helped them improve outputs

Pou Chen Corporation is planning to set up a new manufacturing facility in Tamil Nadu. The Taiwan-based footwear giant is in advanced stages of finalising the location for the unit, which is likely to attract an investment of over Rs 500 crore.

Pride Hotels Group has announced the signing of “Pride Hotel Kanpur.” Centrally located the property will be easily accessible to all major leisure and commercial establishments in the city. The property will have well-appointed rooms, two large banquets, 4 meeting and conference rooms, a 24 Hours Coffee Shop, a rooftop open sky restaurant and in-house laundry.

In 2023, Cleartrip intends to add 60,000 more hotels to its listings, chief executive officer Ayyappan R. said in an interview. In three years, we want hotels to be our number one business and not air. Even during the best of times, hotel had only 60-65% occupancy in the country, and is a very perishable inventory.

As many as 22 investors from Gujarat signed memorandums of understanding (MoUs) amounting to Rs 38,000 crore to invest in Uttar Pradesh during the Business to government (B2G) meetings and roadshows organised in Ahmedabad. Further, several other investors expressed their desire to invest thousands of crores in Uttar Pradesh.

Prime Minister Narendra Modi laid foundation stone and inaugurate projects worth more than Rs 10,800 crore. According to an official the Prime Minister laid the foundation stone and inaugurate various developmental projects related to irrigation, and drinking water besides a National Highway development project.