Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Asset class : Industrial

Foxconn to invest USD 2.2 billion in India and US as part of global diversification push

Foxconn, Apple's key supplier, is investing USD 2.2 billion across India and the US to expand its global manufacturing footprint beyond China. Of this, USD 1.49 billion will go into a new iPhone production facility in India via its Singapore arm, likely in Tamil Nadu or Karnataka. This follows an earlier USD 1.5 billion investment into its Tamil Nadu unit. India's skilled workforce, incentives, and rising demand make it an ideal hub. Meanwhile, USD 735 million is allocated to a US-based unit for data-centre and server module manufacturing. Foxconn aims to diversify into high-value manufacturing, including electric vehicles and advanced components.Read more

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Emmvee wins INR 1,500 crore solar module order from KPI Green Energy

Bengaluru-based solar tech firm Emmvee has secured a INR 1,500 crore order from KPI Green Energy for high-efficiency TopCon bifacial solar modules to be deployed in a renewable energy project in Gujarat. The modules, manufactured at Emmvee's Dabaspet and Sulibele units in Karnataka, reinforce India's push for clean energy and self-reliant manufacturing. Emmvee, with a 7.8 GWp module and 2.94 GWp cell production capacity, serves markets across Asia, Europe, Africa, and North America. The ongoing partnership with KPI Green Energy, dating back to 2021, highlights Emmvee's consistent delivery and growing role in India's green energy transition and domestic manufacturing ecosystem.Read more

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Gorakhpur: GIDA starts plot allotment in Dhuriyapar industrial township

GIDA has begun allotting plots in the newly planned Dhuriyapar Industrial Township after receiving clearance from Chief Minister Shri Yogi Adityanath. Spanning over 600 acres across 17 villages, the project will be Purvanchal's largest industrial land bank. Plot allocation has started in two sectors, with land acquisition ongoing. The region is evolving into a key industrial corridor with plans for electronics, cement, biogas, and distillery units. Backed by infrastructure like the Gorakhpur Link Expressway and a new rail link, the township is expected to generate over 10,000 jobs. Major firms like Adani and JK Group have expressed interest, supporting GIDA's INR 25,000 crore investment push.Read more

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Punjab gets industrial boost as Tynor opens Ortech Textiles for in-house production

Orthopaedic aids manufacturer Tynor Orthotics has launched a state-of-the-art textile manufacturing unit Ortech Textiles in Mohali, Punjab. Developed with an investment of INR 300 crore, the facility spans six acres and is designed to cater entirely to Tynor's raw material requirements, significantly reducing reliance on Chinese imports. The new unit is expected to generate 1,000 jobs as part of the company's broader expansion plan to grow its workforce from 2,500 to 5,000. The plant was inaugurated by Punjab Industries, IT and Labour Minister Tarunpreet Singh Sond, who also highlighted recent reforms to accelerate industrial approvals in the state.Read more

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Sugs Lloyd bags EPC deals for substations and power lines in eastern India

EPC firm Sugs Lloyd has secured power infrastructure contracts worth INR 74.35 crore in Bihar and Odisha, marking a key milestone in regional energy upgrades. In Bihar, it will build five substations and related 33 KV lines in Kishanganj for North Bihar Power Distribution Company Ltd. In Odisha, contracts awarded by Tata Power subsidiaries include new connections and modernisation of power networks across various voltage levels. Known for its solar and sustainable energy focus, Sugs Lloyd's growing presence underscores strong public-private trust. These projects support India's broader push for robust, efficient power infrastructure to meet increasing demand for reliable electricity.Read more

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SECI floats tender for 2,000 MW solar projects with co-located energy storage

The Solar Energy Corporation of India (SECI) has issued a tender to set up 2,000 MW of solar power with co-located energy storage systems (ESS), marking a big step in boosting India's renewable power reliability. Developers will be chosen via tariff-based bidding, and must link projects to the Inter-State Transmission System. Each 1 MW solar unit needs at least 0.5 MW/2 MWh of ESS, charged solely by solar. Projects may span multiple sites but must include co-located storage. This aligns with India's growing push for hybrid energy systems to meet round-the-clock power demand, aiming for 73.93 GW of storage by 2032.Read more

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Amazon to invest USD 20 billion in new data centres across Pennsylvania

Amazon has announced a USD 20 billion investment in two major data centre complexes in Pennsylvania one in Fairless Hills and another near the Susquehanna nuclear power plant. This project marks the state's largest private-sector investment, with Pennsylvania's administration offering incentives, including sales tax exemptions and workforce training funds. The deal includes a controversial power supply arrangement that has drawn the attention of federal regulators. As Amazon accelerates its infrastructure expansion to support artificial intelligence services, this development aligns with similar recent billion-dollar commitments in other U.S. states.Read more

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Reliance Defence and Diehl join forces to boost India's guided munition manufacturing

Reliance Defence Ltd has entered into a strategic cooperation agreement with German defence firm Diehl Defence to manufacture the Vulcano 155mm Precision Guided Munition system locally. This partnership, part of the 'Make in India' and 'Atmanirbhar Bharat' initiatives, aims to supply cutting-edge artillery shells equipped with advanced targeting technologies to the Indian Armed Forces. The collaboration, which builds upon an earlier pact signed in 2019, reflects Reliance Defence's intent to emerge among the top three private defence exporters in India. The deal includes the setup of a high-tech manufacturing facility in Maharashtra.Read more

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NTT buys Balaji IT Park in Andheri for INR 855 crore in major data centre deal

Veteran Bollywood actor Jeetendra Kapoor's family-owned firms, Pantheon Buildcon Pvt Ltd and Tusshar Infra Developers Pvt Ltd, concluded a landmark real estate deal involving two adjacent land parcels and built-up assets in Mumbai's Andheri area. The property, spanning nearly 9,665 square metres and including Balaji IT Park's three buildings, was acquired by NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd for INR 855 crore. The transaction was formally registered recently, with stamp duty and registration charges duly settled, marking a significant move in Mumbai's commercial real estate and data centre sectors.Read more

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Greater Noida Authority launches allotment of 40 industrial plots to boost entrepreneurship

The Greater Noida Industrial Development Authority (GNIDA) has initiated the allotment of 40 industrial plots in key sectors such as Ecotech, Udyog Kendra, and Udyog Vihar, aiming to foster entrepreneurship and industrial growth in the region. These plots, varying in size from 450 to 8,000 square metres, are priced between INR 28,600 and INR 33,950 per square metre. Entrepreneurs can establish units under 242 permitted categories, with certain restrictions on specific industries. Additionally, GNIDA has commenced the bulk land allotment process for a Multi-Modal Logistics Park near Dadri, covering 174.12 acres, to enhance logistics infrastructure.Read more

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BEST revamps bus routes to boost last-mile Metro and rail connectivity

The Brihanmumbai Electric Supply and Transport (BEST) undertaking has begun reshaping its operational strategy to align with growing demand near Mumbai Metro and railway stations. Over the past week, officials reported a significant increase in short-distance feeder services, especially around key Metro routes like Lines 2A and 7. Instead of running long traditional bus routes, BEST is focusing on improving last-mile connectivity through mini and midi buses. This transition is backed by passenger data insights and is expected to optimise efficiency and reduce travel time for commuters.Read more

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UPSIDA allots plots worth INR 700 crore to industries across UP

The Uttar Pradesh State Industrial Development Authority (UPSIDA) has allotted 113 plots-88 industrial, 2 commercial, and 23 via Nivesh Mitra-across key zones, aiming to attract INR 700 crore in investment and generate 4,800 jobs. Prime locations include Greater Noida, Kosi Kotwan, Varanasi, Unnao, Hapur, and Saharanpur. Notable allocations: Param Industries secured a warehousing plot for INR 36 crore; Shri Vinayak Group won a commercial plot for INR 31 crore; Evertouch Bioremedies will establish a pharma unit. UPSIDA CEO Mayur Maheshwari highlighted that digital, transparent allotments have boosted investor confidence. The move aligns with Uttar Pradesh's vision to become a USD 1 trillion economy, fostering industrial growth, regional parity, and sectoral diversification. More plots will soon be released as UPSIDA advances its industrial infrastructure agenda, positioning the state as a top investment hub.Read more

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Shree Cement partners with RITES to boost pan-India rail logistics network

Shree Cement Ltd has entered into a five-year Memorandum of Understanding with RITES Ltd, a public sector undertaking under the Ministry of Railways, to enhance its railway logistics infrastructure across India. The collaboration aims to facilitate the sustainable and efficient transportation of raw materials and finished products across Shree Cement's manufacturing facilities. As part of the agreement, RITES will provide end-to-end services-ranging from conceptualisation to commissioning-for the development, renovation, and upgrading of rail connectivity. The MoU, which can be extended with mutual consent, also includes regulatory approvals and assistance with contractor selection.Read more

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Panattoni to invest INR 900 crore in India's industrial and logistics parks

US-based industrial real estate major Panattoni will invest EUR 100 million (approx. INR 900 crore) to expand its presence in India's key industrial corridors. The investment includes Panattoni Park Hosur I, a 25-acre Grade-A industrial and logistics park in Hosur, Tamil Nadu. The park will serve sectors such as e-commerce, 3PL, FMCG, and manufacturing, with Phase 1 offering 550,000 sq. ft. of built-up space. Construction starts in Q3 2025, with completion slated for Q2 2026. The project will incorporate green building and ESG standards. This follows Panattoni's first Indian project, Panattoni Park NH71 in Delhi NCR, launched in 2024. The company's expansion aligns with India's rising demand for modern logistics infrastructure, driven by strong economic growth and government supply chain initiatives. The Hosur project is expected to boost regional economic activity and position Hosur as an emerging logistics hub.Read more

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CJ Logistics acquires full ownership of CJ Darcl Logistics with USD 32 million investment

The South Korean logistics giant CJ Logistics Corporation has increased its footprint in India by investing USD 32 million in CJ Darcl Logistics, its Indian subsidiary. This capital infusion has increased its stake from 51% to 100%, effectively making CJ Darcl a wholly-owned subsidiary. The deal, which involved buying out the stake of Indian promoters, was executed through a rights issue. CJ Darcl, previously a joint venture, had already established itself as one of India's leading logistics firms post CJ's initial investment in 2017. This move is expected to solidify CJ's strategic expansion and operations in India.Read more

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