Jun 20, 2023 CapitaLand to raise Rs 2,500 crore for IT parks in India Singapore-based CapitaLand Investment is planning to raise about $300 mn through one of its private funds for developing IT and business parks in India.
Jun 09, 2023 Godrej Properties to acquire multiple land parcels for housing projects Godrej Properties will acquire multiple land parcels this fiscal having sales revenue potential of around Rs 15,000 crore post-development. Last fiscal, Godrej Properties was very aggressive on land acquisition and added 18 new land parcels with sales potential of Rs 32,000 crore post-development.
May 20, 2023 Nike, Adidas to invest Rs 2,000 crore for manufacturing facility in Tamil Nadu Pou Chen to invest Rs 2,302 crore to set up a manufacturing facility in Tamil Nadu. The Taiwanese footwear maker for brands like Nike, Adidas, New Balance, and Timberland manufactured and globally shipped over 272 million pairs of shoes in 2022.
May 20, 2023 Rs 1,000 crore in budget for land acquisition for 'New Noida' The Noida Authority has earmarked Rs 1,000 crore for acquisition of land for area which would be known as 'New Noida'. The authority also made a provision of Rs 500 crore for land acquisition in the existing Noida area, while it set aside Rs 1,906 crore for infrastructure and development work.
Feb 23, 2023 Adani, Ashok Leyland to build Asia's first hydrogen-mining truck Adani Enterprises signed a deal with Ashok Leyland and Ballard Power to launch a pilot project to develop a hydrogen fuel cell electric truck for mining logistics and transportation — a first in Asia. The FCET is scheduled to be launched in India in 2023.
Feb 20, 2023 Rs 3,500 crore sought for ring road land acquisition in Pune The district land acquisition officers have placed a demand for Rs 3,500 crore before the Maharashtra State Road Development Corporation (MSRDC) for commencing the land acquisition process for the western phase of the proposed 170 km Pune Ring road.
Feb 06, 2023 CapitaLans to invest Rs 1940 crore in Chennai's Data Centre CapitaLand India Trust Management plans to invest around Rs 1940 crore over the next four to five years, to acquire and develop a 55 megawatt data centre in Ambattur, Chennai. The firm has recently acquired a 4.01-acre land in Ambattur, Chennai for Rs 80 crore, of the total planned investment, to develop its third data centre in India.
Jan 20, 2023 Rs 10,000 crore investment in pipeline for Andaman & Nicobar The government has invested Rs 30,000 crore in the last eight years in the Andaman and Nicobar Islands, and investments of over Rs 10,000 crore are in the pipeline. A transhipment hub, a greenfield international airport, a township, and a diesel and solar power plant have been planned as part of the proposed mega infrastructure project on the Great Nicobar Island
Jan 05, 2023 GX Group gets Rs 200 crore grant for expansion Telecom gear maker GX Group has received the commitment of Rs 200-crore capital infusion from the Netherlands government-backed Investment International in the form of grants. The company will use the fund for research and development as well as expansion on manufacturing in India