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

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.

Fresh or new investments of Rs 6,200 crore have been made by companies in the petroleum sector in Rajasthan. In all, investments of over Rs 22,838 crore are being made by four companies in a phased manner. Of this, work on over Rs 6,200 crore has started.

The government has invested Rs 30,000 crore in the last eight years in the Andaman and Nicobar Islands, and investments of over Rs 10,000 crore are in the pipeline. A transhipment hub, a greenfield international airport, a township, and a diesel and solar power plant have been planned as part of the proposed mega infrastructure project on the Great Nicobar Island

Uttar Pradesh has set a target of Rs 40,000 crore investments in the energy sector to meet an estimated peak demand of 53,000 megawatt (MW) by 2028. The bulk of these investments will be by private sector companies. The state’s peak energy demand stands at 26,000 MW now.

Tata Steel which has made investments of over Rs 75,000 crore in Odisha will continue to invest in the state which has 25 per cent of India’s total steelmaking capacity, T V Narendran, MD & CEO informed.

Ultraviolette Automotive announced investments from Ferrari’s and football club Juventus’s largest shareholder and Qualcomm Ventures to expand the Series D round. These investments, though undisclosed are believed to be around $25 million.

While signing an MoU with Bright Star Investments for infrastructure development of the second medical college in Guwahati, Himanta Biswa Sarma, Chief Minister, Assam, said that within the next five years, Assam will have 24 medical colleges which will greatly improve the availability of doctors and healthcare in the state.

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.