Two and three-wheeler maker TVS Motor would invest Rs 1,200 crore in future technologies and electric vehicles over the next four years. The investment in its home state of Tamil Nadu would have a beneficial effect on small and medium industries directly or indirectly associated with TVS.

The World Bank’s lending arm International Finance Corporation (IFC) has proposed to make an equity investment of $50 million (Rs. 371 crore) in Hikal Ltd, which deals in active pharmaceutical ingredients (APIs) and crop-protection products. This would be IFC’s third investment in the Mumbai-based company.

HCL Technologies, Applied Materials, Rakon India and Chint have evinced interest in investing a total of Rs. 5,000 crore in Karnataka. Tech firm HCL already has a significant presence in Bengaluru. US-based Applied Materials Inc is involved in semiconductor chips and solar products,Rakon is an electronics manufacturer and Chint Electric makes isolator switches.

The Odisha government has accorded in-principle approval to eight projects envisaging investments of around Rs. 1,872.11 crore. The proposals are from sectors such as food processing, agriculture, animal husbandry, petroleum products, steel, and downstream manufacturing.

The real estate private equity arm of the ASK Group has invested Rs. 215 crore in the Mahagun Group’s upcoming mid-income housing project in Noida. The project, spread across 10 acres in Sector 107, has a saleable area of over 2 million sq ft, comprising low-rise and high-rise apartments.

State-run Power Grid Corporation of India has approved investment proposals worth around Rs. 552 crore, which include capital expenditure for procurement of telecom equipment and associated power system for augmentation of telecom backbone and access network with an estimated cost of Rs. 429.24 crore

Odisha will get a total investment of Rs. 441.66 crore for the demand side management (DSM) programme launched by the Institute for Sustainable Communities and Energy Efficiency Services Ltd in partnership with four power distribution companies (discoms) in the state. EESL will be taking up all the upfront and initial investment.

Punjab has become a preferred investment destination with investments of Rs. 99,000 crore in various sectors from across the globe in the past four and a half years, a state minister said. The sectors include bicycle, agriculture and food processing, logistics, pharmaceuticals, chemicals, textiles and alloy and steel.

Shapoorji Pallonji Investment Advisors is in talks with global institutional investors including pension and sovereign funds to set up three platforms worth over $1.5 billion for joint investments in commercial properties, data centres and student housing across India. Each of these joint investment platforms will have equity funding of $500 million.