Plans to establish an aerospace cluster park, manufacturing aircraft components and sub systems and drones, in Salem District with an investment of Rs. 2,500 crore and an employment potential for about 5,000 persons.

The Maharashtra government has proposed to set up a new international airport in order to reduce the heavy air traffic at Pune International Airport. The airport site at Purandar has been finalised and the administration has prepared various options for land acquisition.

Homegrown ride-hailing firm Ola is looking to set up a manufacturing hub for electric two-wheelers in Tamil Nadu, for which it signed a memorandum of understanding with the state government. With an investment of Rs 2,400 crore, it would employ 10,000 people and would have an initial production capacity of 2 million vehicles annually.

The leading manufacturer of automotive components and proposes to establish a project for the manufacture of auto components in Hosur, Krishnagiri. The investment proposed is about Rs. 100 crore, with an employment potential of about 500 persons.

Saft, the battery making unit of French energy giant Total, said it will raise the capacity of its Bengaluru factory by 20 per cent to cater to the rising local demand.

The Delhi government will set up a high-tech business park at Rani Khera on 150 acres of land. DSIIDC officials have been directed to finish the first phase of the work by August 31, 2022. To be developed in seven phases, the park will have large size workspaces on every floor and multipurpose business facilities.

The company has drawn up a three-year capacity expansion plan. UltraTech will increase its clinker capacity by 9.1 million tonnes and grinding capacity by 12.8 mt by Q4 of FY23, in addition to the ongoing grinding and clinker capacity additions. It will incur a total capital outlay of Rs. 5,480 crore, funded through internal accruals.

The company is setting up a 2-million-tonne grinding unit, which would be its first facility in the state. The cement major will get 45 acres for the project and will invest Rs 450 crore.

After a wait of over two years, Mahagenco has got environmental clearance from the Ministry of Environment, Forests and Climate Change for its captive coal mine in Chhattisgarh. The mine, Gare Palma II, will supply coal to Koradi, Chandrapur and Parli power plants. Mahagenco had appointed Adani Group as the mine developer and operator.