Feb 20, 2022 Dalmia Bharat to invest Rs 9,000 crore in expanding cement capacity Dalmia Bharat is planning to increase its cement capacity to more than 48 MT (million tonne) by the end of fiscal 2024 from the current 35.9 MT by setting new plants and expansion of existing facilities, acquisitions and debottlenecking of production with an investment of Rs 9,000 crore.
Feb 20, 2022 Drillmec to build $200 million oil rig hub in Telangana A subsidiary of the city-based Megha Engineering and Infrastructures Limited (MEIL) group, will be setting up its global manufacturing hub in Telangana with an investment outlay of US$ 200 million.
Feb 20, 2022 Hiranandani, Blackstone joint venture plans Rs 3,000 crore investment Realty major Hiranandani Group and US-based private equity firm Blackstone Group’s joint venture, GreenBase, is planning to invest over 3,000 crore to develop industrial, logistics and warehousing parks across key cities in India.
Feb 20, 2022 Govt looking for Rs 10,000 crore investment at new Pithampur The proposed investment region in Sector 7 at Pithampur will be developed as an integrated industrial belt by spending an estimated Rs 550 crore. The first phase of development for the proposed investment region is likely to come up on over 700 hectare which will include roads, storm drains, water supply network, sewerage network, STP’s, treated water network, electrical work, boundary walls, commercial spaces and residences.
Feb 05, 2022 EV sector in Telangana to attract over Rs 4,000 crore investments in five years The electric vehicle (EV) market under government support is set to grow exponentially and is looking to attract investments of over Rs 4,000 crore in Telangana over the next five years. The emerging clusters in Telangana and Karnataka are drawing significant investments.
Feb 05, 2022 PE firm TPG invests $360 mn in AI and analytics services Private equity firm TPG is investing $360 million (around Rs 2,700 crore) in Fractal, an AI and analytics services provider, through TPG Capital Asia. The transaction, which includes a combination of primary investment and secondary share purchase, is expected to close by the first quarter of 2022.
Feb 05, 2022 POSCO, Adani Group sign pact to set up steel plant in Gujarat Industrialist Gautam Adani-led Adani Group has signed a pact with South Korea’s POSCO to explore business opportunities in sectors like steel, renewable energy among others. Both the entities have signed a memorandum of understanding (MoU) to this effect. The investment under the MoU is estimated to be up to USD 5 billion.
Jan 20, 2022 Projects worth $121 billion under active consideration Around 860 projects with an estimated investment of $121 billion are under active consideration of various government departments and more than a fourth of these projects are highly probable. The 272 projects having more than 90% probability are worth $41 billion.
Jan 20, 2022 Rs. 90,000 cr investments in airport sector India’s airports sector is expected to see investments of Rs. 90,000 croreover the next five years, with nearly Rs 68,000 crore coming from the private sector and the rest from the Airports Authority of India, as domestic air traffic is nearing the pre-Covid level of 4 lakh.