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Schneider Electric India to make Rs 3,200 cr investment for growth by 2026

CEO & MD, Deepak Sharma who also holds the position of President for the Greater India region disclosed these investment details during an interview.Read more

French syrup company, Monin announces Rs 300 cr investment in India

This substantial investment in Monin India Pvt Ltd will be sourced directly from the family-owned French enterprise.Read more

ESR Group invests Rs 360 cr in Cuttack Logistics Park Expansion

This strategic move aims to facilitate the development of a state-of-the-art logistics park known as the ESR Cuttack Logistics Park.Read more

ArcelorMittal Nippon Steel plans Rs 380 bn Paradip plant in Odisha

ArcelorMittal Nippon Steel (AMNS) India to construct a seven million tpa Paradip plant on a 1,485 acres of land.Read more

Start-up TIEA Connectors receives Rs 3.81 crore funding from TDB-DST

Society for Innovation and Development (SID-IISc) incubated start-up receives significant funding to commercialise harsh environment micro-electronic connectors and terminalsRead more

TI Clean Mobility to raise Rs 3000 Cr to fuel its EV platform

TI Clean Mobility Private Limited signed terms with Multiples, State Bank of India and other co-investors to raise capital in the form of Equity and CCPS to Rs 1950 crores. The parent company Tube Investments of India Limited (TII) to invest Rs 750 crore to achieve the total fund raise of Rs 3000 crore. Read more

Sterlite Power gets Rs 305 Cr funding from Aseem Infra Finance

Sterlite Power, a leading power transmission developer and solutions provider has achieved financial closure for its Kishtwar Transmission Limited (KTL) project located in Jammu and Kashmir (J&K).Read more

Sterlite Power bags orders worth Rs 3,800 cr, growth up 90% in FY23

Sterlite Power won new orders for Rs. 3,800 crores in first three quarters of FY23. The company made a growth of 90 per cent as compared to FY22 with multiple projects of uprating existing power transmission lines and product orders for conductors and optical ground wire (OPGW).Read more

Schneider Electric to invest Rs 300 cr to built Smart Factory in Telangana

The upcoming unit will be the company’s second factory in Telangana, serving as a harbinger of growth while strengthening resilience in supply chain operations. The first phase with 2 lakh sq ft facility area is expected to be completed in September 2023.Read more

India can save Rs 3 trn by developing indigenous gas turbine engines

There are many inadequacies and challenges in developing indigenous aero gas turbine engines. If successful, it will be the biggest push to the Atmanirbhata campaign, saving the Ministry of Defence foreign exchange outflow of Rs 3 trillion in any block of 20 years, says Insighteon Consulting. Read more

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