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Project Reporter

Ather Energy to build new EV facility
  23 Feb 2023

Ather Energy to build new EV facility

Ather Energy is in discussions with several state governments for the establishment of an extra factory to accommodate the demand as the adoption of electric two-wheelers stabilises somewhat following several fire mishaps last year.

Okinawa to invest 25 mn euros in next 3 years
  23 Feb 2023

Okinawa to invest 25 mn euros in next 3 years

Okinawa Autotech will invest over Rs 220 crore in the next three years on the development of new products and powertrain. The development will take place at its newly inaugurated first research and development centre in Italy, set up in association with its joint venture partner Tacita.

J&K launches Rs 879-crore food processing project
  23 Feb 2023

J&K launches Rs 879-crore food processing project

The Jammu and Kashmir government has launched an ambitious project targeted to revolutionise the food processing sector and transform the lives of farmers in the UT. The "UT Level Food Processing Programme for Development of Clusters for Specific Products of J&K" is a Rs 879.75 crore initiative that aims to maximise farmer income and minimise post-harvest losses.

Pou Chen to build manufacturing unit in Tamil Nadu
  23 Feb 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.

Pride Hotels Group signs a new hotel in Kanpur
  23 Feb 2023

Pride Hotels Group signs a new hotel in Kanpur

Pride Hotels Group has announced the signing of “Pride Hotel Kanpur.” Centrally located the property will be easily accessible to all major leisure and commercial establishments in the city. The property will have well-appointed rooms, two large banquets, 4 meeting and conference rooms, a 24 Hours Coffee Shop, a rooftop open sky restaurant and in-house laundry.

  23 Feb 2023

Cleartrip aims to expand hotel business in 2023

In 2023, Cleartrip intends to add 60,000 more hotels to its listings, chief executive officer Ayyappan R. said in an interview. In three years, we want hotels to be our number one business and not air. Even during the best of times, hotel had only 60-65% occupancy in the country, and is a very perishable inventory.

Gujarat industrialists to invest Rs 38,000 crore in Uttar Pradesh
  23 Feb 2023

Gujarat industrialists to invest Rs 38,000 crore in Uttar Pradesh

As many as 22 investors from Gujarat signed memorandums of understanding (MoUs) amounting to Rs 38,000 crore to invest in Uttar Pradesh during the Business to government (B2G) meetings and roadshows organised in Ahmedabad. Further, several other investors expressed their desire to invest thousands of crores in Uttar Pradesh.

Foundation stone laid for Rs 10,800 crore infrastructure project in Karnataka
  23 Feb 2023

Foundation stone laid for Rs 10,800 crore infrastructure project in Karnataka

Prime Minister Narendra Modi laid foundation stone and inaugurate projects worth more than Rs 10,800 crore. According to an official the Prime Minister laid the foundation stone and inaugurate various developmental projects related to irrigation, and drinking water besides a National Highway development project.

PM inaugurates projects worth Rs 6,000 crore in Karnataka
  23 Feb 2023

PM inaugurates projects worth Rs 6,000 crore in Karnataka

During a recent visit to Karnataka, Prime Minister Narendra Modi launched several construction and infrastructure projects worth a total of Rs 6,000 crore. Included in these projects is the laying of the foundation stone for a 65.5 km section of NH-150C, a 6-lane greenfield road project, which is part of the Surat-Chennai Expressway. The project will be built at an investment of Rs 2,000 crore.

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