Jun 20, 2023 Boeing to invest $100 million in India Boeing has announced a $100 million investment in infrastructure and programs to train pilots in India. This comes on the heels of Air India signing firm orders of over 200 jets earlier this week from Boeing, which include 20 787 Dreamliners, 10 777Xs, and 190 737 MAX narrow body aircraft.
Jun 20, 2023 Gogoro to build $1.5 billion smart battery infra in Maharashtra Gogoro will invest more than $1.5 billion to establish state-wide battery charging and swapping infrastructure in Maharashtra. The proposed Ultra Mega Project deal includes financial incentives and support from the Maharashtra government.
Jun 20, 2023 Automakers to pump Rs 80,000 crore in building EV capacity Automakers in India will be pumping in close to $10 billion to build infrastructure for manufacturing electric vehicles by the end of this decade. The move comes amid the electrification trend sweeping the automotive industry globally.
Jun 20, 2023 J&K embarks on Rs 3000 crore infra upgrade in Srinagar The administration of Jammu & Kashmir’s Union Territory has embarked on a Rs 3,000 crore infrastructure upgrade in Srinagar City. Upon the completion of this ambitious project, the markets of Lal Chowk and old Srinagar will exude the vibrancy and modernity reminiscent of bustling cities.
Jun 20, 2023 AWS to invest $12.7 billion in India’s cloud infrastructure Amazon Web Services (AWS) announced to invest Rs 1,05,600 crore into cloud infrastructure in India by 2030 to meet growing customer demand for cloud services in India. This investment is estimated to contribute Rs 1,94,700 crore to India’s total gross domestic product (GDP) by 2030.
Jun 05, 2023 Hyundai to install fast chargers at 36 dealerships Hyundai Motor India said it has tied up with Shell India to install 60 kW fast chargers across 36 of its dealerships in the country.
May 20, 2023 UPSIDA allocates Rs 456 crore for industrial areas’ development Uttar Pradesh State Industrial Development Authority (UPSIDA) has allocated a budget of Rs 456.28 crore for development of civil and electrical infrastructure in 93 industrial areas across 46 districts in 2023-24.
May 20, 2023 India plans massive infra road, rail projects in pipeline Faced with an assertive China, India has been carrying out a massive infrastructure push with a major focus on Arunachal Pradesh, fast tracking work on road and rail lines that can transport heavy equipment right up to the Line of Actual Control or the LAC.
May 20, 2023 Monorail plan for New Town in Kolkata The Housing Infrastructure Development Corporation (Hidco) is exploring a proposal for a monorail type light rail transit system connecting New Town Action Area III with Biswa Bangla gate (Narkelbagan) crossing located at the 3rd intersection on Biswa Bangla Sarani for a synchronised connectivity link with the Metro alignment.