KSH Infra is set to invest INR 550 crore in a new 60-acre industrial and logistics park in Tamil Nadu's Sriperumbudur-Oragadam corridor. This project, with 1.6 million sq ft development potential, will create over 1,500 jobs and brings KSH Infra's total investment in the state to over INR 1,000 crore. Construction is expected by March-April 2026. The company aims to expand its portfolio to over 10 million sq ft across major Indian cities within 2-3 years, catering to global manufacturers and leveraging government initiatives like 'Make in India'.Read more
The Delhi Development Authority (DDA) has initiated the auction process for a 23.2-acre land parcel in Rohini's Sector 36 to develop the city's first large-scale warehousing and logistics hub. Divided into two plots Plot A (10.43 acres) and Plot B (12.73 acres) the site will be leased for 33 years at an annual license fee of INR 17.4 crore. The project will be executed under a public-private model, with the licensee responsible for construction, operation, and maintenance within a 24-month period. The initiative aims to strengthen Delhi's intra-city logistics infrastructure and reduce reliance on NCR outskirts.Read more
Nipponply Industries plans to invest INR 250 crore over the next three years to expand production for exports, develop e-commerce infrastructure, and establish warehousing and design centers. Currently, INR 65 crore is being invested in panel and furniture manufacturing. The Gujarat-based firm aims to capitalize on the furniture sector's potential in India and abroad, seeking partnerships in Europe, the Middle East, and North America. It also highlighted challenges like price volatility and inconsistent delivery, suggesting government measures like quality control orders and a 12% GST slab for certified furniture to boost global competitiveness.Read more
Kakinada SEZ Limited, an Auro Infra Realty subsidiary, is setting up a INR 1,310 crore, 3x50 MLD desalination plant in Kona Village, Kakinada District, Andhra Pradesh. An Expert Appraisal Committee (EAC) recommended Coastal Regulation Zone (CRZ) clearance on June 26. The plant will draw 380 MLD seawater and distribute product water to industries. Brine rejects of 230 MLD will go into the sea, but a condition requires developing a brine reuse prototype. This initiative aims to reduce freshwater load and groundwater tapping, with INR 10 crore for environmental mitigation.Read more
Epson India has inaugurated its first ink tank printer manufacturing facility near Chennai, marking a major milestone under the 'Make in India' initiative. Located in Sriperumbudur and set to begin operations in October 2025, the plant-established with partner RIKUN-will initially produce Epson's EcoTank printers. These cartridge-free printers are known for their cost efficiency and eco-friendliness. Epson Global President Junkichi Yoshida highlighted the company's commitment to sustainability and local production. With over 100 million EcoTank units sold worldwide, including 8 million in India, Epson aims to enhance supply chain agility and deepen its presence in the Indian market through this facility.Read more
TVS Industrial & Logistics Parks (TVS ILP) has raised over INR 1,300 crore through a private placement of its warehousing assets-led Infrastructure Investment Trust (InvIT). The InvIT will list on the National Stock Exchange on July 8. TVS ILP has built a platform of 20 million sq ft, transferring 11 million sq ft valued at INR 3,000 crore into the InvIT. The portfolio spans major cities like Chennai, Pune, and Kolkata. This fundraising comes amidst a regulatory push to streamline privately-placed InvITs into public offerings, supporting India's growing warehousing sector.Read more
Anant Raj Ltd is entering India's booming data centre space with a INR 18,000 crore ($2.1 billion) investment to build two new facilities in Haryana, targeting 300 MW total capacity by 2032. The move builds on its initial 2023 entry, when it began converting IT buildings into data centres. This expansion aligns with India's digital surge, as JLL predicts a 77% rise in national data centre capacity by 2028. Backed by state incentives like land and power support, Haryana is emerging as a hotspot for hyperscale and edge centres. Anant Raj aims to tap into growing demand driven by AI adoption and data localisation policies.Read more
Ample Parks, a joint venture between Actis and Mahindra Lifespaces, has launched its first Grade-A industrial and logistics park at Mahindra World City near Chennai. Spread across 71 acres, the project is set to generate 11,000 new jobs and INR 110 crore in annual revenue. With 2.1 million sq ft of leasable space, the park caters to the rising demand for high-quality industrial infrastructure. Designed with sustainability in focus, half of the power needs will be met through renewable energy. Expansion plans include key metros and tier-2 cities across India.Read more
Larsen & Toubro (L&T) has established a new wholly-owned subsidiary, Panipat Green Hydrogen Pvt Ltd, to pursue green hydrogen projects and allied activities. The move follows its earlier land acquisition in Kandla, Gujarat, for green hydrogen and ammonia development. In a parallel update, Fitch Ratings affirmed L&T's long-term foreign and local currency issuer default ratings at 'BBB+' with a stable outlook. The government's growing emphasis on green hydrogen through initiatives like the National Green Hydrogen Mission underpins L&T's strategic expansion into this space.Read more
Ludhiana is set to inaugurate several new civic body projects, including an innovative construction and demolition (C&D) waste plant. The plant, located in Dhandhari, will process at least 100 tons of waste daily to produce tiles, costing INR 7.30 crore for its tender. Other upcoming facilities include an all-weather swimming pool near Rakh Bagh (INR 5.82 crore) and a basketball court at Guru Nanak Stadium (INR 14.38 crore). These projects aim to enhance urban infrastructure and environmental management, addressing long-standing needs for waste processing and sports facilities in the city.Read more
Inox Neo Energies, a subsidiary of Inox Clean Energy Ltd, has acquired Skypower Solar India for an enterprise value of INR 265 crore. The deal includes a 50 MW (AC) / 57.5 MW (DC) solar project located in Khandwa, Madhya Pradesh, which was commissioned in FY18. The project is backed by a 25-year power purchase agreement with Madhya Pradesh Power Management Company Ltd (MPPMCL). The acquisition supports Inox's plan to expand its renewable energy portfolio and is part of its broader goal to reach 3 GW of hybrid installed capacity over the next two to three years.Read more
The Uttar Pradesh government has acquired 600 acres in Gorakhpur's Dhuriyapar area to build the Dhuriyapar Industrial Township, also known as Greater GIDA. Spread across 17 villages, the project aims to boost manufacturing in the underdeveloped eastern region of the state. Big names like Adani-ACC, Shree Cement, and Keyaan Distillery have shown interest, with plans for cement plants and distillery units. A specialised electronics cluster is also in the works. The new Gorakhpur Link Expressway will improve logistics, making the township more attractive to investors. This initiative is part of UP's broader push to spread industrial growth and create jobs beyond its western hubs.Read more
Schneider Electric has revealed plans to establish a 500,000 sq. ft. manufacturing unit at Horizon Industrial Park in Hosur, Tamil Nadu, reinforcing its dedication to the 'Make in India' initiative. Developed in partnership with Blackstone-backed Horizon Industrial Parks, the facility will focus on producing battery management systems and related electronics. With features like rooftop solar panels, EV charging stations, and smart lighting, the eco-conscious plant will be built in two phases. This strategic expansion is expected to employ 1,500 individuals and boost Schneider's operational efficiency across southern India.Read more
NTPC's 3,300 MW Barh Super Thermal Power Project in Bihar is set to be fully operational, with Unit-3 of Stage-I (660 MW) starting commercial operations early next week. This final unit completes both Stage-I and Stage-II of the five-unit project, each with 660 MW capacity. With this addition, NTPC's total operational capacity will reach 60,978 MW standalone and 82,080 MW consolidated. The Barh project has been a key part of NTPC's expansion in eastern India, supporting rising regional power demand. Its completion marks a major milestone in strengthening India's energy infrastructure and enhancing NTPC's role in national power generation.Read more
AstraZeneca has strengthened its presence in India by expanding its global hub in Bengaluru with an investment of INR 166 crore. This move has generated 400 new jobs, taking the headcount at the facility to nearly 1,300. The development is focused on accelerating AI-led innovation in R&D, IT, and digital health services. This marks the company's second significant investment in India within a year, following the recent expansion of its Global Innovation and Technology Centre (GITC) in Chennai. AstraZeneca's total India workforce is now nearing 4,000.Read more
Uttar Pradesh is set to establish two state-of-the-art Integrated Manufacturing Clusters (IMCs) in Agra and Prayagraj at a projected cost of INR 1,046 crore, aiming to boost industrial growth and create large-scale employment. These upcoming clusters will feature high-end infrastructure, incubation centres, R&D units, and skill development facilities. Developed under a Special Purpose Vehicle involving both central and state governments, the initiative is expected to enhance investor confidence and reshape the industrial profile of the region.Read more
Ericsson has launched a dedicated ASIC (Application-Specific Integrated Circuit) development unit in Bengaluru, expanding its R&D presence in India. The move is part of a strategy to strengthen semiconductor design capabilities and tap into India's deep tech talent. Over 150 professionals will be hired for the new unit. The facility will support Ericsson's proprietary Silicon platform, which powers its energy-efficient, high-performance hardware for 5G networks. Already running R&D centres in Bengaluru, Chennai, and Gurugram, Ericsson's latest step reinforces its role in shaping India's telecom ecosystem. The initiative also aligns with the country's broader goals of growing its semiconductor and 5G infrastructure.Read more
An ongoing investigation by the Yamuna Expressway Industrial Development Authority (YEIDA) has exposed that several allottees of industrial plots along the Yamuna Expressway are reselling land without initiating any manufacturing or business activity. Over 3,100 plots were allotted across key sectors such as 24, 24A, 30, 32, and 33, which are reserved for specialised industrial hubs like the Apparel Park, Toy Park, and Medical Device Park. At least 14 transactions have raised red flags for violating allotment terms. YEIDA has initiated strict enforcement measures, including issuing notices, reviewing transaction records, and preparing legal action. The crackdown is part of a broader push to ensure the land is used for industrial growth and employment generation, not speculative trading.Read more
AVP Infracon Ltd (NSE: AVPINFRA) has secured a Letter of Acceptance from Reliance Mappedu Multi Modal Logistics Park Ltd for a INR 33.34 crore infrastructure project. The contract involves civil and utility works in the South Parcel's Outside Battery Limits (OSBL) area, under BOQ 3 of the master plan. Scheduled for completion in five months, the project enhances AVP Infracon's growing presence in logistics and industrial infrastructure. Managing Director Prasanna Dhandayuthapani highlighted the firm's focus on quality, precision, and safety.Read more
Ashok Leyland, the flagship brand of the Hinduja Group and one of India's top commercial vehicle manufacturers, has announced plans to add over 50 new touchpoints in Delhi and North India this year. This move is part of the company's strategy to deepen its regional footprint and tap into rising demand driven by economic expansion and infrastructure growth. Already operating nearly 300 channel outlets in the region, Ashok Leyland has also achieved a market share gain of 6.5% over the past three years in the Medium and Heavy Commercial Vehicle (M&HCV) segment.Read more