02 Jul 2025

Ample Parks, a joint venture between Actis and Mahindra Lifespaces, has launched its first Grade-A industrial and logistics park at Mahindra World City near Chennai. Spread across 71 acres, the project is set to generate 11,000 new jobs and INR 110 crore in annual revenue. With 2.1 million sq ft of leasable space, the park caters to the rising demand for high-quality industrial infrastructure. Designed with sustainability in focus, half of the power needs will be met through renewable energy. Expansion plans include key metros and tier-2 cities across India.Read more

02 Jul 2025

Larsen & Toubro (L&T) has established a new wholly-owned subsidiary, Panipat Green Hydrogen Pvt Ltd, to pursue green hydrogen projects and allied activities. The move follows its earlier land acquisition in Kandla, Gujarat, for green hydrogen and ammonia development. In a parallel update, Fitch Ratings affirmed L&T's long-term foreign and local currency issuer default ratings at 'BBB+' with a stable outlook. The government's growing emphasis on green hydrogen through initiatives like the National Green Hydrogen Mission underpins L&T's strategic expansion into this space.Read more

02 Jul 2025

Ludhiana is set to inaugurate several new civic body projects, including an innovative construction and demolition (C&D) waste plant. The plant, located in Dhandhari, will process at least 100 tons of waste daily to produce tiles, costing INR 7.30 crore for its tender. Other upcoming facilities include an all-weather swimming pool near Rakh Bagh (INR 5.82 crore) and a basketball court at Guru Nanak Stadium (INR 14.38 crore). These projects aim to enhance urban infrastructure and environmental management, addressing long-standing needs for waste processing and sports facilities in the city.Read more

01 Jul 2025

Inox Neo Energies, a subsidiary of Inox Clean Energy Ltd, has acquired Skypower Solar India for an enterprise value of INR 265 crore. The deal includes a 50 MW (AC) / 57.5 MW (DC) solar project located in Khandwa, Madhya Pradesh, which was commissioned in FY18. The project is backed by a 25-year power purchase agreement with Madhya Pradesh Power Management Company Ltd (MPPMCL). The acquisition supports Inox's plan to expand its renewable energy portfolio and is part of its broader goal to reach 3 GW of hybrid installed capacity over the next two to three years.Read more

30 Jun 2025

The Uttar Pradesh government has acquired 600 acres in Gorakhpur's Dhuriyapar area to build the Dhuriyapar Industrial Township, also known as Greater GIDA. Spread across 17 villages, the project aims to boost manufacturing in the underdeveloped eastern region of the state. Big names like Adani-ACC, Shree Cement, and Keyaan Distillery have shown interest, with plans for cement plants and distillery units. A specialised electronics cluster is also in the works. The new Gorakhpur Link Expressway will improve logistics, making the township more attractive to investors. This initiative is part of UP's broader push to spread industrial growth and create jobs beyond its western hubs.Read more

30 Jun 2025

Schneider Electric has revealed plans to establish a 500,000 sq. ft. manufacturing unit at Horizon Industrial Park in Hosur, Tamil Nadu, reinforcing its dedication to the 'Make in India' initiative. Developed in partnership with Blackstone-backed Horizon Industrial Parks, the facility will focus on producing battery management systems and related electronics. With features like rooftop solar panels, EV charging stations, and smart lighting, the eco-conscious plant will be built in two phases. This strategic expansion is expected to employ 1,500 individuals and boost Schneider's operational efficiency across southern India.Read more

29 Jun 2025

NTPC's 3,300 MW Barh Super Thermal Power Project in Bihar is set to be fully operational, with Unit-3 of Stage-I (660 MW) starting commercial operations early next week. This final unit completes both Stage-I and Stage-II of the five-unit project, each with 660 MW capacity. With this addition, NTPC's total operational capacity will reach 60,978 MW standalone and 82,080 MW consolidated. The Barh project has been a key part of NTPC's expansion in eastern India, supporting rising regional power demand. Its completion marks a major milestone in strengthening India's energy infrastructure and enhancing NTPC's role in national power generation.Read more

28 Jun 2025

AstraZeneca has strengthened its presence in India by expanding its global hub in Bengaluru with an investment of INR 166 crore. This move has generated 400 new jobs, taking the headcount at the facility to nearly 1,300. The development is focused on accelerating AI-led innovation in R&D, IT, and digital health services. This marks the company's second significant investment in India within a year, following the recent expansion of its Global Innovation and Technology Centre (GITC) in Chennai. AstraZeneca's total India workforce is now nearing 4,000.Read more

28 Jun 2025

Uttar Pradesh is set to establish two state-of-the-art Integrated Manufacturing Clusters (IMCs) in Agra and Prayagraj at a projected cost of INR 1,046 crore, aiming to boost industrial growth and create large-scale employment. These upcoming clusters will feature high-end infrastructure, incubation centres, R&D units, and skill development facilities. Developed under a Special Purpose Vehicle involving both central and state governments, the initiative is expected to enhance investor confidence and reshape the industrial profile of the region.Read more

27 Jun 2025

Ericsson has launched a dedicated ASIC (Application-Specific Integrated Circuit) development unit in Bengaluru, expanding its R&D presence in India. The move is part of a strategy to strengthen semiconductor design capabilities and tap into India's deep tech talent. Over 150 professionals will be hired for the new unit. The facility will support Ericsson's proprietary Silicon platform, which powers its energy-efficient, high-performance hardware for 5G networks. Already running R&D centres in Bengaluru, Chennai, and Gurugram, Ericsson's latest step reinforces its role in shaping India's telecom ecosystem. The initiative also aligns with the country's broader goals of growing its semiconductor and 5G infrastructure.Read more

27 Jun 2025

An ongoing investigation by the Yamuna Expressway Industrial Development Authority (YEIDA) has exposed that several allottees of industrial plots along the Yamuna Expressway are reselling land without initiating any manufacturing or business activity. Over 3,100 plots were allotted across key sectors such as 24, 24A, 30, 32, and 33, which are reserved for specialised industrial hubs like the Apparel Park, Toy Park, and Medical Device Park. At least 14 transactions have raised red flags for violating allotment terms. YEIDA has initiated strict enforcement measures, including issuing notices, reviewing transaction records, and preparing legal action. The crackdown is part of a broader push to ensure the land is used for industrial growth and employment generation, not speculative trading.Read more

27 Jun 2025

AVP Infracon Ltd (NSE: AVPINFRA) has secured a Letter of Acceptance from Reliance Mappedu Multi Modal Logistics Park Ltd for a INR 33.34 crore infrastructure project. The contract involves civil and utility works in the South Parcel's Outside Battery Limits (OSBL) area, under BOQ 3 of the master plan. Scheduled for completion in five months, the project enhances AVP Infracon's growing presence in logistics and industrial infrastructure. Managing Director Prasanna Dhandayuthapani highlighted the firm's focus on quality, precision, and safety.Read more

27 Jun 2025

Ashok Leyland, the flagship brand of the Hinduja Group and one of India's top commercial vehicle manufacturers, has announced plans to add over 50 new touchpoints in Delhi and North India this year. This move is part of the company's strategy to deepen its regional footprint and tap into rising demand driven by economic expansion and infrastructure growth. Already operating nearly 300 channel outlets in the region, Ashok Leyland has also achieved a market share gain of 6.5% over the past three years in the Medium and Heavy Commercial Vehicle (M&HCV) segment.Read more

26 Jun 2025

Foxconn, Apple's key supplier, is investing USD 2.2 billion across India and the US to expand its global manufacturing footprint beyond China. Of this, USD 1.49 billion will go into a new iPhone production facility in India via its Singapore arm, likely in Tamil Nadu or Karnataka. This follows an earlier USD 1.5 billion investment into its Tamil Nadu unit. India's skilled workforce, incentives, and rising demand make it an ideal hub. Meanwhile, USD 735 million is allocated to a US-based unit for data-centre and server module manufacturing. Foxconn aims to diversify into high-value manufacturing, including electric vehicles and advanced components.Read more

26 Jun 2025

Bengaluru-based solar tech firm Emmvee has secured a INR 1,500 crore order from KPI Green Energy for high-efficiency TopCon bifacial solar modules to be deployed in a renewable energy project in Gujarat. The modules, manufactured at Emmvee's Dabaspet and Sulibele units in Karnataka, reinforce India's push for clean energy and self-reliant manufacturing. Emmvee, with a 7.8 GWp module and 2.94 GWp cell production capacity, serves markets across Asia, Europe, Africa, and North America. The ongoing partnership with KPI Green Energy, dating back to 2021, highlights Emmvee's consistent delivery and growing role in India's green energy transition and domestic manufacturing ecosystem.Read more

23 Jun 2025

GIDA has begun allotting plots in the newly planned Dhuriyapar Industrial Township after receiving clearance from Chief Minister Shri Yogi Adityanath. Spanning over 600 acres across 17 villages, the project will be Purvanchal's largest industrial land bank. Plot allocation has started in two sectors, with land acquisition ongoing. The region is evolving into a key industrial corridor with plans for electronics, cement, biogas, and distillery units. Backed by infrastructure like the Gorakhpur Link Expressway and a new rail link, the township is expected to generate over 10,000 jobs. Major firms like Adani and JK Group have expressed interest, supporting GIDA's INR 25,000 crore investment push.Read more

23 Jun 2025

Orthopaedic aids manufacturer Tynor Orthotics has launched a state-of-the-art textile manufacturing unit Ortech Textiles in Mohali, Punjab. Developed with an investment of INR 300 crore, the facility spans six acres and is designed to cater entirely to Tynor's raw material requirements, significantly reducing reliance on Chinese imports. The new unit is expected to generate 1,000 jobs as part of the company's broader expansion plan to grow its workforce from 2,500 to 5,000. The plant was inaugurated by Punjab Industries, IT and Labour Minister Tarunpreet Singh Sond, who also highlighted recent reforms to accelerate industrial approvals in the state.Read more

17 Jun 2025

EPC firm Sugs Lloyd has secured power infrastructure contracts worth INR 74.35 crore in Bihar and Odisha, marking a key milestone in regional energy upgrades. In Bihar, it will build five substations and related 33 KV lines in Kishanganj for North Bihar Power Distribution Company Ltd. In Odisha, contracts awarded by Tata Power subsidiaries include new connections and modernisation of power networks across various voltage levels. Known for its solar and sustainable energy focus, Sugs Lloyd's growing presence underscores strong public-private trust. These projects support India's broader push for robust, efficient power infrastructure to meet increasing demand for reliable electricity.Read more

17 Jun 2025

The Solar Energy Corporation of India (SECI) has issued a tender to set up 2,000 MW of solar power with co-located energy storage systems (ESS), marking a big step in boosting India's renewable power reliability. Developers will be chosen via tariff-based bidding, and must link projects to the Inter-State Transmission System. Each 1 MW solar unit needs at least 0.5 MW/2 MWh of ESS, charged solely by solar. Projects may span multiple sites but must include co-located storage. This aligns with India's growing push for hybrid energy systems to meet round-the-clock power demand, aiming for 73.93 GW of storage by 2032.Read more

13 Jun 2025

Amazon has announced a USD 20 billion investment in two major data centre complexes in Pennsylvania one in Fairless Hills and another near the Susquehanna nuclear power plant. This project marks the state's largest private-sector investment, with Pennsylvania's administration offering incentives, including sales tax exemptions and workforce training funds. The deal includes a controversial power supply arrangement that has drawn the attention of federal regulators. As Amazon accelerates its infrastructure expansion to support artificial intelligence services, this development aligns with similar recent billion-dollar commitments in other U.S. states.Read more