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Search Keyword: investment

  Mar 05, 2023

Rs 15,626 crore approved under Agriculture Infrastructure Fund

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.

  Feb 20, 2023

Stanadyne to invest Rs 200 crore to establish second plant

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

  Feb 20, 2023

Pou Chen to build manufacturing unit in Tamil Nadu

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.

  Feb 20, 2023

Noida gets investment intents worth Rs 5.86 lakh 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.

  Feb 20, 2023

Microsoft to invest Rs 16,000 crore for data centres in Hyderabad

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.

  Feb 20, 2023

Airtel to invest Rs 2,000 crore in Hyderabad

Bharti Airtel Group will be investing Rs 2,000 crore for setting up a large hyperscale data centre here. The company, through its data centre arm, Nxtra Data Centres, will invest the amount as capital investment for the infrastructure which will further attract investments from their customers, it said. The facility will be a hyperscale data centre with a capacity of 60 megawatts (MW) of IT load for the first phase.

  Feb 20, 2023

Andhra Pradesh to invest Rs 11,000 crore for power distribution

The state government has decided to implement Revamped Distribution Sector Scheme (RDSS) with an investment of around 11,000 crore with the support of the Union government. The scheme would help in strengthening the power distribution system, reduce losses and enhance operational efficiency.

  Feb 20, 2023

TriVeda Capital to raise Rs 200 crore for realty projects

TriVeda Capital plans to raise a Rs 200-crore AIF corpus to invest in plotted development projects. The fundraising involves retaining an additional Rs 50 crore through a green-shoe option. A Category II Alternative Investment Fund (AIF), Bangalore Opportunity, focuses on plotted development and residential assets in major South Indian metropolitan areas.

  Feb 20, 2023

Ceat to invest in off-highway tyres segment

With several countries of the world slipping into a recession, tyre maker Ceat is planning to invest in the off-highway tyres segment. Agricultural activity gets less impacted compared to industrial activity even during a recession, feels Anant Goenka, MD, Ceat. Speaking to Sohini Das, Goenka highlights how continuous investments in digitisation has helped them improve outputs

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