25 Oct 2025

German logistics companies are entering a period of limited growth, with real expansion projected at just 0.5%, according to BVL. For the first time, experts presented three scenarios, ranging from a 1.1% increase to a 0.4% contraction, highlighting economic and geopolitical uncertainties. Investment intentions remain stable, but overall sentiment is slightly negative. Key challenges include unpredictable trade policies and rising cyberattack risks. The sector is focusing on automation, digitalization, and artificial intelligence to improve efficiency, strengthen resilience, and manage operational risks amid emerging pressures.Read more

24 Oct 2025

Vedanta Group plans an additional investment of INR 1 lakh crore in Odisha, including an alumina refinery, an aluminium park in Dhenkanal, and a ferro-alloys plant in Keonjhar. The projects are expected to generate over 100,000 direct and indirect jobs, enhancing Odisha's industrial presence. Two aluminium parks, one nearly complete in Jharsuguda and another planned, will support aerospace, defence, and EV sectors while attracting downstream investments. The Odisha government has assured full support, and Vedanta aims to encourage innovation and entrepreneurship through these industrial initiatives.Read more

24 Oct 2025

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Bhilai Jaypee Cement, a subsidiary of Jaiprakash Associates Limited (JAL), over an outstanding operational debt of INR 45 crore owed to Sidhgiri Holdings Pvt Ltd for coal supplied between September 2021 and June 2022. The tribunal admitted the Section 9 petition, appointed an interim resolution professional, and placed the company under a moratorium. The cement maker had made partial payments, but the supplier moved NCLT after repeated defaults, reflecting ongoing financial stress within JAL and its subsidiaries.Read more

24 Oct 2025

Juniper Green Energy has commissioned a total of 64 MW renewable capacity across Gujarat and Maharashtra. The Gujarat project added 28 MW of wind power through Juniper Green Kite Pvt Ltd, while the Maharashtra hybrid project contributed 36 MWp solar capacity via Juniper Green Spark Ten Pvt Ltd. The initiatives are part of the company's ongoing focus on large-scale renewable projects. By expanding its footprint in key states, Juniper Green Energy continues to support India's clean energy transition and strengthen the development of wind, solar, and hybrid energy infrastructure.Read more

24 Oct 2025

Celcius Logistics has partnered with Switch Mobility, the electric vehicle division of Ashok Leyland, to introduce India's largest electric refrigerated vehicle (reefer) fleet under its new vertical, 'Celcius Green'. The initiative involves an investment of INR 100 crore and will deploy 350 electric light commercial vehicles (eLCVs) for temperature-controlled last-mile deliveries. The fleet, already partially deployed, will operate across New Delhi, Mumbai, Bengaluru, and Hyderabad, serving sectors including dairy, pharmaceuticals, seafood, and frozen foods, with future expansion plans. Advanced EV technology ensures efficiency, transparency, and minimal transit losses.Read more

22 Oct 2025

The Delhi government has made it compulsory for all departments and agencies to use recycled construction and demolition (C&D) waste in ongoing and upcoming public projects. The move, aligned with the central government's sustainability framework, links payment clearance to compliance and sets quarterly reviews for progress assessment. Despite a target of nearly one million metric tonnes of recycled material for the fiscal year, the city has so far utilised only a small portion, highlighting the need for stronger execution and coordination among civic bodies.Read more

22 Oct 2025

Leasing of industrial and warehousing spaces across eight major Indian cities increased by 28% during the January & September period this year, reaching a record 37 million sq ft, according to CBRE. Delhi-NCR led with 11.7 million sq ft, followed by Bengaluru with 5.7 million sq ft and Hyderabad with 4.6 million sq ft. Together, these cities accounted for nearly 59% of the total leasing. The sector also saw 23.8 million sq ft of new supply, largely contributed by institutional developers in Bengaluru, Chennai, and Mumbai.Read more

22 Oct 2025

Prologis, a leading U.S.-based logistics and warehouse real estate trust, reported stronger-than-expected third-quarter results, posting a core FFO of USD 1.49 per share against forecasts of USD 1.44. Revenue reached USD 2.21 billion, surpassing market estimates. The company signed leases for a record 62 million square feet, fuelled by importers accelerating shipments ahead of upcoming U.S. tariffs. Prologis raised its 2025 earnings outlook to USD 5.78-5.81 per share. CEO Hamid Moghadam highlighted the sector's strong outlook for rent and occupancy growth. With operations across 20 countries, Prologis remains well-positioned to lead the industrial property market amid growing global logistics demand.Read more

21 Oct 2025

ENGIE has secured a 100 MW solar project in Barmer, Rajasthan, through a PPA with SECI, with commissioning expected in 2027. The project expands ENGIE's Rajasthan portfolio, now approaching 1 GW, and aligns with India's growing clean energy needs. The company has a strong history of landmark solar projects, including the 200 MW Raghnesda plant in Gujarat, the 250 MW Kadapa project in Andhra Pradesh, and the 140 MW Bhadla project in Rajasthan. ENGIE's India portfolio totals 2.5 GW across seven states, focusing on sustainability, technology, and community impact.Read more

21 Oct 2025

Sify Infinit Spaces, a subsidiary of Nasdaq-listed Sify Technologies, has commenced development of a 50 MW AI-powered Edge Data Center and an Open Cable Landing Station (CLS) in Visakhapatnam, Andhra Pradesh. With an investment of INR 1,500 crore, the project will be executed in two phases and is expected to generate employment for over 1,000 people. It aims to enhance AI computing capabilities, provide low-latency connectivity with Southeast Asia and Australia, and strengthen the city's position as a key hub for digital infrastructure and global connectivity.Read more

20 Oct 2025

Indian Railways unveiled a sweeping revamp of its maintenance regime for locomotive sheds by rolling out long-term contracts and an inspection-maintenance-confirmation (IMC) framework. The move responds to a substantial rise in the induction of wagons, coaches and locomotives, and aims to bolster efficiency, accountability and infrastructure capacity. With freight loading expected to escalate significantly, the new system is designed to relieve strain on existing maintenance facilities and align practices with international norms.Read more

20 Oct 2025

Travis Perkins, one of Britain's major building materials suppliers, reported a 1.8% increase in third-quarter like-for-like sales, driven by strategic pricing and targeted promotions. Its core Merchanting division, which caters to construction and home improvement markets, saw a 1.7% sales rise. This growth comes despite the UK construction market contracting for the ninth consecutive month, as companies delayed major projects ahead of the government budget. With new CEO Gavin Slark set to join soon, Travis Perkins is focusing on regaining market share and sustaining momentum in a challenging environment.Read more

20 Oct 2025

Dharampal Satyapal Group (DS Group), a diversified FMCG conglomerate, was recognised earlier this week as Water Positive by GRIHA, a joint initiative of India's Ministry of New and Renewable Energy and TERI. With a Water Positivity Index of 1.8, the Group joined a select few corporates in India to achieve such certification. The recognition followed a two-and-a-half-year assessment across 30 business units nationwide and reflected DS Group's ongoing dedication to sustainable water management, efficient resource utilisation, and community-focused conservation initiatives.Read more

19 Oct 2025

South Korea's Daewoo Engineering & Construction has begun constructing a USD 780 million fertilizer plant in Turkmenabat, Turkmenistan, as the country seeks to diversify its economy beyond natural gas exports. The facility will produce 350,000 metric tons of phosphate fertilizers and 100,000 metric tons of ammonium sulfate each year. President Serdar Berdymukhamedov attended the groundbreaking ceremony, reflecting the project's national significance. Scheduled to be completed within three years, the plant highlights Turkmenistan's push for industrial growth, higher-value production, and greater export potential, marking a notable step in reducing reliance on natural gas revenues.Read more

19 Oct 2025

K Raheja Corp recently organised a volunteering initiative under its 'Time Off for Volunteering' policy, uniting employees across its group companies to create tactile Braille learning cards for visually impaired children. The activity highlighted the company's focus on empathy, accessibility, and inclusion. The event also saw participation from visually impaired youth, who tested the cards and shared their experiences, making it a memorable example of connection and community spirit.Read more

19 Oct 2025

Saatvik Green Energy announced a major INR 3,150 crore investment to expand its Odisha solar manufacturing facility, aiming to strengthen its position in India's solar sector. The first phase will include 4 GW module capacity and 2.4 GW cell capacity, followed by a second phase adding another 2.4 GW. The company plans to integrate upstream and downstream operations and diversify into solar inverters, EPC services, and related offerings. Recent operational performance shows 685 MW module production at over 81% capacity and an order book of 4.05 GW.Read more

19 Oct 2025

KPI Green Energy has secured a contract to develop a 100 MW solar power project under its captive power producer business segment. The project will be executed by its subsidiary, Sun Drops Energia, following the terms of the regulatory order. Multiple industrial investors awarded the project under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy. Scheduled for phased completion during 2026-27, this initiative strengthens KPI Green Energy's renewable energy portfolio and demonstrates its continued role in providing sustainable and distributed solar power solutions to meet growing industrial energy demands in India.Read more

18 Oct 2025

Swiss medical technology company Ypsomed plans to build its first U.S. manufacturing facility in Holly Springs, North Carolina, with an initial investment of USD 200 million. The plant will create around 100 jobs, potentially doubling in the coming years, and is expected to start supplying the U.S. market by late 2027. Amid 39% U.S. tariffs on Swiss goods, the expansion complements Ypsomed's recent plant in China, investment in Germany, and domestic production growth in Switzerland. The move aims to meet increasing global demand and strengthen supply reliability in the U.S.Read more

18 Oct 2025

Jindal Power Ltd (JPL), led by Naveen Jindal, has agreed to acquire the 1,350 MW Jhajjar Power Project in Haryana from Apraava Energy, formerly CLP India, in a deal valued at around INR 4,000 crore. The acquisition, expected to close within a month, marks a major addition to JPL's existing 4,300 MW thermal capacity across Chhattisgarh, Maharashtra, and Andhra Pradesh. The Jhajjar plant, commissioned in 2012, was India's first supercritical power facility in the National Capital Region and includes advanced flue gas desulphurisation technology.Read more

17 Oct 2025

Serentica Renewables has partnered with MRF Ltd to set up a 170 MW solar-wind hybrid project to supply captive clean energy to the tyre manufacturer's facilities across India. A special purpose vehicle has been formed for this initiative, with MRF holding a minority stake and Serentica retaining the majority. The company has also entered into a long-term Power Purchase Agreement with MRF under the captive power model. The project will utilize the Inter-State Transmission System (ISTS) network to deliver round-the-clock renewable energy, helping MRF advance its sustainability and net-zero goals.Read more