Aug 15, 2022 Gujarat’s ITES policy attracts investment worth Rs 2,000 crore In accordance with its IT/ITES policy, the Gujarati government has inked numerous agreements totalling more than Rs 2,000 crore. Together with the Integrity Group of Ahmedabad, which will invest 100 to 150 crore, about 10 different companies from this association will invest a total of Rs 2,000 crore in the IT sector over the next five years. These companies would offer varied employment prospects to about 10,000 people.
Aug 05, 2022 MoUs sign worth Rs 1.25 trillion with Tamil Nadu government Tamil Nadu secured investments worth Rs 1.25 trillion by signing of memoranda of understanding (MoU) with 60 companies, laying of foundation stones and inauguration of new projects.
Aug 05, 2022 Adani, Ambani, Tata, Jindal to invest Rs 4 lakh crore in renewable power The renewable energy space turns out to be the hotbed of investments in India as top conglomerates Reliance Industries, Adani, Tata, and JSW - vie for dominance. The four conglomerates will make an aggregate investment of nearly Rs 4 lakh crore in 5-10 years in the segment.
Jul 20, 2022 Sundram Fasteners to invest Rs 400 crore in next 2 years Sundram Fasteners (SFL) plans to invest Rs 400 crore in fasteners and defence in the next two years. The company told in its annual general meeting that it will make an additional investment of Rs 300 crore in fasteners, where is it has a market share of 35-40 per cent.
Jul 20, 2022 Kolkata expects Rs 1,739 crore investment by 2025 Kolkata is expected to attract investment worth Rs 1,739 crore in the next two to three years. The state government is anticipating the investment to have an employment potential of about 14,000 people in Birbhum and Murshidabad districts.
Jul 20, 2022 NIIF invests $300 million in DP World container terminal subsidiary National Investment and Infrastructure Fund (NIIF) has invested $300 million or Rs 2,250 crore for a 22.5 per cent stake in Hindustan Ports, a local arm of UAE’s DP World. This is the single largest investment by NIIF’s master fund and takes the vehicle’s total investment in DP World’s India arms to $500 million.
Jun 20, 2022 PG Technoplast to invest Rs 315 crore in AC Manufacturing PG Electroplast announced that its wholly owned subsidiary, PG Technoplast has collaborated with the Maharashtra Industrial Development Corporation (MIDC) to invest Rs 315 crore to create the states largest Room AC Manufacturing capacities as a part of the Magnetic Maharashtra initiative.
Jun 05, 2022 Bodhi Tree to invest Rs 4,500 crore in ALLEN After Reliance and Viacom18, Bodhi Tree Systems, a platform of James Murdoch's Lupa Systems and Uday Shankar, has announced a $600 million (over Rs 4,500 crore) investment in a strategic partnership with ALLEN Career Institute to build India's biggest test-prep company
Jun 05, 2022 Government clears 6 investment proposals worth 493 crore The government has approved six new investment proposals worth Rs 493.62 crore, which is expected to generate 1317 jobs. The approved projects include Jatia Steel’s proposal to set up a 2.5 lakh TMT rebar and 2.5 lakh MT wire rod mills at Kalinganagar in Jajpur district at an investment of Rs 125 crore.