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Tata Motors, to spend Rs 160-180 billion as capex on EV arm till FY30

Giants like Tata Motors, Mahindra and Mahindra (M&M), Maruti Suzuki India Ltd (MSIL), Hyundai Motor India Ltd (HMIL), JSW MG Motor India, Nissan Motor Corporation, and Renault SA have indicated big-ticket investment for creating capacities.Read more

Capital goods train delay hits India Inc's capex plans

Southeast Asian manufacturing hubs such as Taiwan, Vietnam and Indonesia are expanding component-level manufacturing.Read more

Wheels India to spend Rs 2 billion on capex; current FY

revenues for the quarter remained relatively stable at Rs 11.67 billion, slightly lower than the Rs 11.72 billion recorded a year ago.Read more

Siemens Limited declares CAPEX of over Rs 10 billion

The company's Smart Infrastructure Business is set to boost its factory presence in Goa with an investment of Rs 3.33 billion, marking the largest investment by Siemens in the state. Read more

Interim budget 2024-25: Govt plans Rs 11.11 trillion capex for this year

FM Nirmala Sitharaman proposed setting up of a corpus of Rs one trillion for India’s tech savvy youth. For railways, three major economic railway corridor programmes - energy, mineral and cement corridors, port connectivity corridors, and high traffic density corridors - will be implemented.Read more

Craftsman Automation expands Capex for FY 2024

Craftsman Automation has outlined a new investment plan totalling Rs 209 crore, with Rs 150-160 crore allocated for the current fiscal year.Read more

India's private capex faces challenges amidst optimism

India Ratings and Research (Ind-Ra) suggests a potential uptick in private investment if certain economic conditions persist.Read more

We ask customers to shift their supply chain cost from CapEx to OpEx

Leap India is a technology-driven asset pooling company dedicated to providing dependable and cost-effective supply chain solutions all across India. The company started in 2013, has taken a big leap and captured a good share of market. Sunu Mathew, Managing Director, LEAP India in this interview shares the success mantra and USP of the company.Read more

Budget 2023: Revving up manufacturing with duty revisions and capex boost

By allocating Rs 10 lakh crores for capital expenditure (which would be 3.3 per cent of GDP) and making minor changes in the basic custom duties, cesses and surcharges on some components, the budget aims to provide more opportunities for local manufacturing.Read more

PLI scheme to account for 13-15% capex in key sectors

Since its introduction in March 2020, PLI has been announced for 15 sectors, involving government incentives to the tune Rs 1.93 lakh crore, says CRISIL report.Read more

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