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Budget proposes Rs 1 trn corpus to boost investment in sunrise technologies
The Union Finance Minister Nirmala Sitharaman, while presenting the Interim Budget 2024-25, also proposed a new scheme for strengthening deep-tech technologies for defence purposes and expediting ‘atmanirbharta’.Read more
JSW's $4.81 bn investment powers up India's EV Manufacturing Hub in Odisha
JSW Group plans to allocate 250 billion rupees for an EV battery manufacturing plant and an EV components plant in the initial two phases of its investment strategy.Read more
Hartzell Propeller expands global reach with Arrow Aviation as Recommended Service Facility in India
Situated in Kolkata, Arrow Aviation Services stands as the sole Hartzell Propeller-approved propeller shop on the Indian subcontinent, authorised to proficiently service and maintain Hartzell products.Read more
Maharashtra secures investment MoUs worth $ 44 billion at WEF 2024
At World Economic Forum (WEF) 2024, the state was able to attract a total investment of Rs 4.5 lakh crore, with a potential to create about 2 lakh jobs in various sectors including electronics, IT/ITeS, data centers, gems & jewellery, agriculture, auto and renewables.Read more
Govt's PLI Scheme Spurs Rs 1.03 tn investment, exceeds Rs 3.20 tn in exports
As of now, companies participating in the scheme have received incentive disbursements totaling Rs 4,415 crore, compared to the Rs 1,541 crore disbursed by September.Read more
New investment plans plunge nearly 50% in Q4 2023, manufacturing hit hard with 61.5% decline
Public capital expenditure projects decreased at a quicker rate, almost 60%, while proposed private sector expenditures declined by 35%.Read more
Grew Energy secures Rs 3,800 cr investment for 2.8 GW Solar Manufacturing Unit in Gujarat
The agreement outlines Grew Energy's plans to establish a solar component manufacturing unit with a 2.8 GW capacity in Dholera by 2025.Read more
NIIF’s India-Japan fund to invest Rs 400 cr in Mahindra Last Mile Mobility
Fund focuses on investing in environmental sustainability and low carbon emission strategies, while also promoting investments by Japanese companies into India.Read more
Sundram Fasteners signs MoU with Tamil Nadu govt for Rs 1,411 cr investment
The planned investment spans up to 2027–2028 and will be used for capacity expansion of existing products, including components for electric vehicles.Read more
TN secures $4.39 bn investments from Apple, Hyundai, and more
Key deals signed include a $1.4 billion investment by JSW Energy in renewable energy projects, a $1.5 billion investment by Tata Electronics in mobile phone assembly operations, and a nearly $125 million investment by Nike shoemaker Hong Fu.Read more
