Jan 20, 2021 Mandal-Becharaji Special Investment Region The Gujarat government is seeking to develop the Mandal-Becharaji Special Investment Region (SIR) as a model industrial developed city. This SIR will have advanced roads and well-planned development at a cost of Rs 200 crore.
Dec 29, 2020 Govt invites foreign investment in India's strategic petroleum reserves India has invited global firms to invest in its strategic petroleum reserves as the nation's energy consumption growth would be fastest among large economies in coming decades, Union Petroleum Minister Dharmendra Pradhan said, adding that India's share in global energy consumption is set to rise from 7% to 12% in 2050.
Dec 20, 2020 Centre okays Rs 1,810 cr for HP hydro electric project The Central government has approved an investment of Rs. 1,810 crore for the 210 MW Luhri Stage I hydroelectric project on the Sutlej river in Himachal Pradesh. The project, being developed near Nirath village in Shimla and Kullu districts, is expected to generate nearly 760 million units of electricity annually.
Dec 20, 2020 Rs 5,700-crore investment made in small-scale industries: Minister Rs. 5,700 crore have been invested in the small-scale industry sector in the state over the past four years by 6,128 Micro, Small and Medium-scale Enterprises (MSMEs), and more than 2.5 lakh jobs were created, a state minister has said, adding that the government has been able to overcome the Covid crisis.
Dec 20, 2020 India to spend $27 billion over 5 years to boost manufacturing The Union cabinet has approved a proposal to provide production-linked incentives of about Rs. 2 trillion ($27 billion) over five years to create jobs and boost manufacturing in the country. The incentives will be given to manufacturers in 10 sectors including automobiles and auto parts, pharmaceuticals, textiles and food products to attract investment.
Dec 05, 2020 Karnataka Tourism policy eyes Rs 5,000 crore investment by 2025 Karnataka has unveiled a new tourism policy which aims to generate over 10 lakh direct and indirect jobs in the sector and Rs. 5,000 crore in investments by 2025. With this, the government aims at increasing the contribution of tourism from 14.8 per cent to 20 per cent of GSDP. Agri tourism and rural tourism are the core tourism themes.
Nov 20, 2020 Kalrock to get Jet Airways fully airborne with Rs. 1,000-crore investment The Kalrock Capital-Murari Lal Jalan consortium has proposed to re-launch Jet Airways as a full-service carrier, with an initial investment of Rs. 1,000 crore. It has initiated discussions with lessors and international airlines for contracts and partnerships. The committee of creditors recently voted for the consortium over the FSTC-Imperial Capital combine.
Nov 20, 2020 2.5-3 mn sq ft of warehousing space to come up in Bengal in 3 yrs: Report Kolkata and its surrounding areas will see 2.5-3 million sq ft of fresh warehousing space over the next three years with an investment of around Rs. 750 crore to meet rising demand from e-commerce firms, US-based realty consultant Vestian said in its report 'Looking East: Warehousing in Kolkata'
Nov 05, 2020 Karnataka Tourism policy eyes Rs 5,000 crore investment by 2025 Karnataka has unveiled a new tourism policy which aims to generate over 10 lakh direct and indirect jobs in the sector and Rs. 5,000 crore in investments by 2025. With this, the government aims at increasing the contribution of tourism from 14.8 per cent to 20 per cent of GSDP. Agri tourism and rural tourism are the core tourism themes.