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Search Keyword: investments

  Jun 05, 2023

AMNS to invest $7.4 billion on capacity expansion

AMNS India plans to spend $7.4 billion on expanding capacity, which includes investments in both its upstream and downstream capacities and enhancing its iron ore capabilities, the company Its investments include increasing the upstream capacity of the plant in Hazira to 15 million tonne by early 2026.

  Jun 05, 2023

Assam inks MoUs expecting investments worth Rs 8,200 crore

Assam Government MoUs with 10 leading companies expecting investments worth Rs 8200 crores in the state. This investment will create 6100 jobs in the state. These efforts will bring investment worth Rs 8,200 crore and create 6,100 jobs.”

  May 20, 2023

Nashik to receive investments of over Rs 7,770 crore

The Maharashtra government was backing the industrial growth in Nashik and the district would see investments of Rs 7,771 crore. Reliance Lifesciences would invest Rs 4,200 crore in Dindori, while another pharma major's investment would be about Rs 1,200 crore

  Mar 20, 2023

Government to approve up to 2 chip manufacturing units this year

The government expects to approve up to two applications this year to start building electronic chip manufacturing plants in the country. The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investments of Rs 1.53 lakh crore a year ago

  Mar 20, 2023

Rs 55,000 crore for metro rail, road and expressway in Uttar Pradesh

The Uttar Pradesh (UP) government has earmarked Rs 55,000 crore for investments in roads, expressways, and metro rail projects in the fiscal year (FY) 2023-24. The slew of infrastructure projects to bolster basic as well as modern transport infrastructure in urban and rural pockets covers all the districts of the state

  Feb 20, 2023

Airtel to invest Rs 2,000 crore in Hyderabad

Bharti Airtel Group will be investing Rs 2,000 crore for setting up a large hyperscale data centre here. The company, through its data centre arm, Nxtra Data Centres, will invest the amount as capital investment for the infrastructure which will further attract investments from their customers, it said. The facility will be a hyperscale data centre with a capacity of 60 megawatts (MW) of IT load for the first phase.

  Feb 20, 2023

Ceat to invest in off-highway tyres segment

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

  Feb 05, 2023

Rs 6,200 crore investment in the petroleum sector in Rajasthan

Fresh or new investments of Rs 6,200 crore have been made by companies in the petroleum sector in Rajasthan. In all, investments of over Rs 22,838 crore are being made by four companies in a phased manner. Of this, work on over Rs 6,200 crore has started.

  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

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