The Tamil Nadu government signed a memorandum of understanding (MoU) with Taiwan-based sports footwear major Hong Fu for setting up a manufacturing unit at an investment of around Rs 1,000 crore over a period of around five years. Hong Fu is reportedly a leading manufacturer of brands like Nike and Puma.

Steel products maker Goodluck India will invest Rs 200 crore over the next two-three years to expand capacity, the company has five manufacturing units at Sikandrabad (Uttar Pradesh) and one in Kutch (Gujarat) with a total installed capacity of 3,40,000 tonne per annum.

Aiming to boost the export sector of Uttar Pradesh and create more employment in the Micro, Small & Medium Enterprises (MSME) sector, the Government of Uttar Pradesh will be launching three flatted factory complexes in Agra, Kanpur and Gorakhpur.

State-run power giant NTPC has inked a pact with Gujarat Gas for an initiative to blend green hydrogen with the piped natural gas (PNG) supplied by the latter.

Shell will foray into retailing LNG for long-haul transportation like trucks, with its first filling station coming up in Gujarat this year as it bets big on the Indian gas market.

Adani group is gearing up to put up a prototype of a 5.2 MW wind turbine at Mundra, Gujarat. It would be the country’s biggest wind turbine, and will count among the largest on-shore machines in the world.

Abu Dhabi’s International Holding Company PJSC (IHC) will invest $2 billion as primary capital in three Adani portfolio companies – Adani Green Energy Ltd (AGEL), Adani Transmission Ltd (ATL) and Adani Enterprises Ltd (AEL), the Indian conglomerate.

JICA has signed a loan agreement with the government to extend 116,520 million yen or around Rs 7,517 crore to the Western leg of the dedicated freight railway project. The second phase involves building a new 550-km freight line connecting Dadri to Rewari and Vadodara to Mumbai.

The Real estate developer plans to launch projects spanning about 25 million sq ft across Bengaluru, Chennai and Hyderabad, at an investment of Rs 8,600 crore, in the current fiscal.