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Hyundai Motor India expands production capacity with Talegaon plant acquisition

The signing of a Memorandum of Understanding (MoU) between Hyundai Motor India and the Government of Maharashtra marks a significant step in expanding the cumulative production capacity to 1 million annual units.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

Inox Air Products, Maharashtra govt ink $3 bn deal for State's First Green Ammonia Plant

This plant is projected to have a capacity of 500,000 metric tons per annum (MTPA) and an estimated investment of $3 billion.Read more

RE Minister inaugurates IEEMA exhibition, conference BID -2024 in Mumbai

There is a huge market for manufacturers of electricity sector in the country says RK Singh. Read more

Hyundai to invest Rs 7,000 cr in Talegaon, marks first venture outside Tamil Nadu

It was a pleasure meeting Kim Unsoo, MD and CEO of Hyundai Motor India (HMI), along with Executive Director J W Ryu and HMI senior officials, said Devendra Fadnavis, Maharashtra Deputy Chief Minister on X.Read more

Balaji Amines surges 3% on mega project status

The company is set to embark on a capital expenditure (capex) for a new product, n-Butylamine, with a production capacity of 15,000 metric tons per annum.Read more

Apraava Energy expands its RE portfolio with 300 MW wind energy project in Karnataka

The project is part of the 1200 MW auction capacity of Inter-State Transmission System (ISTS)-connected wind power projects (Tranche-XIV) from the Solar Energy Corporation of India (SECI).Read more

Mitsubishi Electric India unveils advanced Automation Systems factory in Talegaon

Mitsubishi Electric has established a cutting-edge solution experience zone within the facility. This zone showcases the latest innovations, featuring demonstrations of "e-F@ctory," a comprehensive solution leveraging digital technology.Read more

ArcelorMittal Nippon Steel India invests Rs 100 cr in scrap centres to boost sustainability

Company is poised to establish three dedicated scrap-processing centres in Gujarat and Maharashtra, as leading steel companies in India anticipate challenges in meeting their scrap requirements through imports.Read more

Sadhana Nitro Chem to establish green hydrogen facility for Rs 50 cr

The funds for the rights issue will be mainly used for the acquisition of a 126-acre land plot. This land will be strategically employed for the establishment of both a solar power facility and a wind energy installation.Read more

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