The Asian Development Bank (ADB) has agreed in principle to provide Rs 1,311.20 crore under phase-1 of the proposed infrastructure development investment programme.

A Finnish company, Cleantech, is set to replace Eco-Green for garbage collection and solid waste management (SWM) in Lucknow. Cleantech recently signed 35 MoUs with the UP urban development department during the Global Investors Summit, promising Rs 28,000 crore investment in UP

Loans amounting to Rs 15,626 crore have been sanctioned under Agriculture Infrastructure Fund to create 21,380 infrastructure units at an aggregate investment of more than Rs 32,000 crore all over the country till this year.

US-based Taurus Investment Holdings is planning to develop retail-led, mixed-use properties in India, according to a top executive. The firm’s plan is to focus on tier 1 and high-growth tier-2 cities in south and west India.

Global real estate firm Ivanhoé Cambridge and Mapletree, property development, investment capital and property management company have formed a strategic partnership to develop, own and operate technology-sector-focused workplaces in India.

Stanadyne is exploring few locations in western and northern India to establish its second plant in the country at an investment of about Rs 200 crore. The company is planning to triple its sales revenue from the Indian operation to about Rs 1,100 crore by 2027

Pou Chen Corporation is planning to set up a new manufacturing facility in Tamil Nadu. The Taiwan-based footwear giant is in advanced stages of finalising the location for the unit, which is likely to attract an investment of over Rs 500 crore.

Gautam Buddh Nagar, which includes industrial cities of Noida and Greater Noida, has received investment proposals worth Rs 5.86 lakh crore since the announcement of Uttar Pradesh Global Investors Summit. The UP Global Investors Summit in Lucknow and the state government, led by Chief Minister Yogi Adityanath, has set a target of Rs 17 lakh crore investments through the ambitious drive.

The Telangana government said tech giant Microsoft will be investing Rs 16,000 crore for setting up three more data centres, taking the total proposed centres to six. The IT firm had already announced its first captive data centre investment of three campuses early in 2022 with an investment of Rs 16,000 crore.