Jan 05, 2023 Government to build 137 more EV stations on National Highways In addition to the already existing seven wayside amenities (WSA) equipped with EV charging stations, the central government has provisioned for 137 more such facilities to be built on India’s national highways. NHAI is developing WSA across Highways and Expressways. Presently, seven WSA facilities are equipped with EV charging stations.
Jan 05, 2023 SRAM & MRAM to invest Rs 2 lakh crore in semiconductor GurujeeKumaran Swami, Vice-Chairman, United Kingdom-based SRAM & MRAM, announced that the group will invest Rs 2 lakh crore in Odisha to set up semiconductor unit in the state. The announcement was made at the Make in Odisha (MIO) Conclave, 2022.
Jan 05, 2023 Tata Group plans to open 100 small exclusive Apple stores The Tata Group aims to open small exclusive Apple stores across the country. The iPhone maker is tying up with Tata-owned Infiniti Retail, which runs the Croma store chain, for the venture. Infiniti Retail will become an Apple franchise partner and intends to open 100 such outlets of 500-600 sq ft each at malls as well as high-street and neighbourhood locations.
Jan 05, 2023 Expansion of wind energy projects The Government has taken several steps to promote renewable energy, including wind energy, in the country. These, inter alia, include; permitting Foreign Direct Investment (FDI) up to 100 per cent under the automatic route, waiver of Inter State Transmission System (ISTS) charges for inter-State sale of solar and wind power for projects to be commissioned by June 30, 2025, declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2030.
Jan 05, 2023 Greater Noida authority launches group housing scheme The Greater Noida authority has launched a scheme of group housing projects on 11 plots. With their allotment, the authority is likely to get nearly Rs 950 crore on the basis of reserve price. Allotment is being done through e-auction. It is estimated that 10,000 flats will be built on these plots.
Jan 05, 2023 Hinduja group to invest Rs 35,000 crore in Maharashtra The Maharashtra Government announced that the Hinduja group will be investing Rs 35,000 crore in the state. The group has identified 11 sectors for investment in the state, including infrastructure, biotech, electric vehicles, manufacturing and health.
Jan 05, 2023 Sweden, Canada to invest Rs 15,000 crore in Uttar Pradesh The Uttar Pradesh government has claimed that the team of ministers and officials, who are holding road shows and meeting industrial groups in foreign lands, are successfully attracting investors as there is likely to be a Rs 15,000 crore inflow of foreign funds. The UP government received significant investment from Sweden.
Jan 05, 2023 PM Relocations to invest Rs 150 crore to expand business PM Relocations (PMR) will invest up to Rs 150 crore over the next three years to expand its business. The company is also expecting to double its revenues to over Rs 200 crore in the ongoing financial year.
Jan 05, 2023 Swedish firms to invest in Noida Film City project Swedish companies have shown interest to invest in Uttar Pradesh (UP) in areas like the Noida film city projects, retail, tourism, and waste management. With Yogi Adityanath, Chief Minister, UP, making investment easier in UP, investors around the world are eager to take advantage of this opportunity