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.

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.

Union Chemicals and Fertilisers Minister Mansukh Mandaviya has urged the pharmaceutical industry to make India a manufacturing base, as the country is a safe destination for investments. Addressing an investor summit, the minister spoke about the government’s pro-industry reforms and efforts to make India a favoured investment destination.

Uttar Pradesh has attracted investment of over Rs 5,000 crore in the food processing sector from various national and international companies. The Uttar Pradesh State Industrial Development Authority has allotted land for projects to companies such as AB Mauri, PepsiCo, ITC Ltd and Coca Cola.

India expects to receive investments of about Rs. 3,300 crore from 31 domestic and multinational companies over a period of four years under the ambitious production-linked incentive (PLI) scheme that is expected to employ as many as 40,000 individuals in the telecom sector.

Shyama Prasad Mookherjee Port Trust has signed 42 memorandums of understanding during Maritime Investment Summit (MIS) 2021, with an investment of around Rs 30,000 crore.

The Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved a $356.67 million loan for the expansion of the Chennai metro rail system, taking the bank's financing for various projects in India to $6.7 billion, and making India its largest beneficiary. India is the second-largest shareholder in AIIB after China.

London-based BP has made its first direct investment in India, putting $13 million (about Rs. 97 crore) into integrated EV ride-hailing and charging company BluSmart. The investment arm of BP Ventures led a $25-million Series A funding that also saw support from Mayfield India Fund, 9Unicorns and Survam Partners, alongside existing investors.