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

Jindal India expands steel capacity to 1.6 MT with new Bengal plant

Jindal India has launched a new downstream steel facility in West Bengal with an annual capacity of 0.6 million tonnes at INR 1,500 crore, increasing overall steel production to 1.6 million tonnes. The expansion will raise coated flat product capacity by 60 per cent, pipe production by 40 per cent, and crash barrier output by 75 per cent. As part of the USD 2.5 billion BC Jindal Group, the company aims to boost sales revenue, strengthen its product portfolio, and enhance operational efficiency across multiple steel segments.Read more

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UltraTech teams up with CONCOR for greener, rail-based cement logistics

Container Corporation of India Ltd. (CONCOR) and UltraTech Cement Ltd. have entered into a strategic partnership to transition bulk cement transportation from road to rail. The collaboration leverages CONCOR's rail network to move cement over long distances, reducing road congestion and fuel consumption. By relying on rail, the companies aim to cut carbon emissions, enhance supply chain efficiency, and lower transportation costs. This initiative aligns with India's broader push for green logistics and sustainable freight solutions, setting an example for heavy industries nationwide.Read more

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JSW Cement commissions 1 MTPA grinding unit in Odisha to strengthen eastern India supply

JSW Cement has commissioned a 1 MTPA grinding unit in Sambalpur, Odisha, through its subsidiary Shiva Cement, raising the company's total capacity to 21.6 MTPA. Strategically located near Odisha, Chhattisgarh, and Jharkhand, the plant ensures proximity to raw materials and addresses growing cement demand in eastern India. Since acquiring Shiva Cement in 2018, JSW Cement has focused on expansion, aiming to triple its capacity to 60 MTPA. Operating seven plants nationwide, the company is among India's top 10 cement producers, consolidating its presence across key regions.Read more

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IKEA acquires U.S. logistics tech firm Locus to boost online delivery efficiency

IKEA has acquired U.S.-based logistics technology company Locus, aiming to enhance delivery speed and flexibility as the retailer expands its online presence. The move complements Ingka Group's USD 2.2 billion U.S. investment strategy, even amid higher tariffs on imported furniture. Locus, valued at USD 300 million in 2021, uses artificial intelligence to optimize delivery routes, reducing costs by an estimated EUR 100 million annually. The technology will initially be piloted in the U.S. and UK, improving customer tracking, multiple delivery options, and overall shopping experience.Read more

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GIDC leases 28 industrial plots in Goa to attract new manufacturing units

The Goa Industrial Development Corporation (GIDC) has opened applications for 28 industrial plots on lease across five estates: Panchawadi, Pissurlem, Honda, Sanguem, and Kundaim. Plot sizes range from 907 sqm to 2,689 sqm, catering to small and medium-scale manufacturing units. Panchawadi leads with 10 plots, followed by Sanguem with seven. Lease rates are set at INR 1,070 per sqm for most estates, while prime plots in Kundaim are priced at INR 2,120 per sqm. The initiative is aimed at attracting new investments and supporting industrial expansion, with applications closing soon.Read more

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India's industrial, warehousing leasing jumps 22% in Q3 2025: Savills India

Leasing of industrial and warehousing spaces in India saw a 22% increase year-on-year during the July-September period, driven by strong demand from the manufacturing sector, e-commerce firms, and third-party logistics (3PL) operators, according to Savills India. Tier-I cities dominated the activity, contributing 84% of leased space, while Tier-II and III cities accounted for the remainder. Total leasing for the first nine months of 2025 reached 55.3 million sq ft, marking a 23.4% increase from last year, while new supply also grew steadily, reflecting continued confidence in the industrial real estate market.Read more

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QatarEnergy buys 27% stake in Shell's North Cleopatra block offshore Egypt

QatarEnergy has signed an agreement with Shell to acquire a 27% stake in the North Cleopatra offshore block in Egypt's Herodotus basin, further expanding its global exploration portfolio. The deal, pending approval from Egyptian authorities, will see Shell retain a 36% interest as operator, while Chevron holds 27% and Tharwa Petroleum Company 10%. The block spans over 3,400 sq km in the eastern Mediterranean, with water depths reaching up to 2,600 metres. The acquisition adds to QatarEnergy's growing presence in key international oil and gas regions, including recent ventures in Guyana, Lebanon, Namibia, and South Africa, reinforcing its global expansion strategy.Read more

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India may cancel up to 4 GW of solar projects over import rule violations

India may cancel 3-4 gigawatts of solar projects after the renewable energy ministry directed clean energy agencies to withdraw and reissue tenders that were rushed to bypass upcoming import restrictions. From June 2026, government solar projects must use locally made modules and cells, but tenders submitted before August 31 were temporarily allowed to use imports. Industry groups alleged that agencies exploited this exemption by offering bid windows as short as seven days to secure cheaper Chinese cells. The ministry confirmed misuse and asked agencies to act within 15 days. India expects to become largely self-sufficient in solar cell production by March 2027.Read more

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L&T wins big contracts for Bengaluru IT park and Mumbai mixed-use project

L&T's Buildings & Factories division has secured major contracts for two key projects in India: a 5.9 million sq ft IT park in Bengaluru and a mixed-use development in Mumbai. The Bengaluru project, valued between INR 5,000 crore and INR 10,000 crore, will be delivered in two phases on a lump sum turnkey basis, while the Mumbai project is planned for completion within 45 months. These orders underscore L&T's expertise in executing large and complex office and mixed-use developments efficiently, reinforcing its reputation as a trusted construction partner for high-value projects.Read more

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Mahindra Logistics adds new warehouses in Guwahati and Agartala

Mahindra Logistics has expanded its warehousing operations in Northeast India by adding over 4 lakh sq ft of space across Guwahati and Agartala. The Guwahati facility, spanning 3 lakh sq ft, is the region's largest Grade-A multi-client warehouse and hosts the first Community Centre of Excellence in partnership with the Logistics Skill Council. The 1.3-lakh sq ft Agartala facility strengthens connectivity across northeastern states and enables cross-border trade with Bangladesh. The expansion forms part of the company's 'Go-East' strategy, supporting economic growth, creating jobs, and enhancing logistics infrastructure in tier-II and tier-III cities.Read more

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Tata Motors invests INR 120 crore in Freight Tiger to drive AI-led logistics transformation

Tata Motors has invested an additional INR 120 crore in Freight Commerce Solutions, bringing its total investment to INR 270 crore. The investment includes INR 120 crore through Series C Compulsorily Convertible Preference Shares and INR 14 crore for acquiring equity shares. Tata Motors is expected to hold a 42% to 46% stake in Freight Tiger. The company aims to transform logistics through artificial intelligence, enhancing India's logistics infrastructure. Additionally, Tata Motors has incorporated a wholly-owned subsidiary in the Netherlands to manage global business interests.Read more

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Haryana to develop warehouse infrastructure at Hisar Airport for horticultural exports

The Haryana government has announced plans to establish advanced warehousing infrastructure at Maharaja Agrasen Airport in Hisar to facilitate the storage and export of horticultural produce. The initiative aims to preserve the quality and freshness of crops through controlled temperature storage, thereby boosting agricultural exports and enhancing farmers' income. The Haryana State Warehousing Corporation will oversee the development of modern cold storage and air cargo facilities at the airport, aligning with international standards to support the export of perishable items like fruits and flowers.Read more

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PsiQuantum begins building Chicago quantum facility after USD 1 billion funding boost

PsiQuantum has begun construction of a major quantum computing facility in Chicago following a USD 1 billion Series E funding round led by Blue Owl Capital. The site at Illinois Quantum and Microelectronics Park will develop the company's largest intermediate-scale quantum test system, monitored by the Defense Advanced Research Projects Agency. PsiQuantum's photonic-based approach aims to overcome technical bottlenecks faced by competitors. The funding will also support development in Australia and advances in quantum photonic chips, while the project is expected to generate thousands of jobs and attract substantial economic investment.Read more

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Nine workers killed as steel arch collapses at Ennore Thermal Power construction site

A steel arch collapsed at the Ennore Thermal Power Plant construction site in Tamil Nadu, killing nine migrant workers from Assam and injuring several others. The injured were rushed to Stanley Government Hospital, with some in critical condition. Authorities have launched a thorough investigation to determine the cause of the accident. Prime Minister Shri Narendra Modi and Tamil Nadu Chief Minister M. K. Stalin announced ex gratia payments for the victims' families. Assam Chief Minister Himanta Biswa Sarma is coordinating the return of the deceased workers' mortal remains.Read more

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Signature Global, WRI India launch pilot program to tackle construction dust

Signature Global (India) Ltd. has entered into a partnership with WRI India to pilot innovative dust mitigation strategies at its Daxin project site. The initiative aims to address construction-related emissions that contribute significantly to air pollution in the National Capital Region. By deploying low-cost sensors to track the effectiveness of on-ground practices, the company intends to demonstrate how data-driven solutions can strengthen dust control, safeguard health, and guide policy interventions.Read more

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Nippon Steel secures 30% stake in Canada's Kami iron ore project

Nippon Steel has acquired a 30% stake in the Kami iron ore project in Newfoundland and Labrador, Canada, through its subsidiary NS Canadian Resources. The investment, valued at CAD 150 million, was made alongside Australia's Champion Iron and Japan's Sojitz. An initial CAD 42 million (USD 30.2 million) has already been paid, with the remaining CAD 108 million to be released once a feasibility decision is finalized. The new venture, called Kami Iron Mine Partnership, will oversee feasibility work on developing the high-grade iron ore project, which is designed to support direct reduced iron production for low-carbon steelmaking.Read more

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Green industrial parks gain investor favour amid rising focus on sustainability

Mr. Harish Fabiani, Group Chairman, IndiaLand Properties

Sustainable industrial parks are increasingly drawing investor attention in India as businesses seek eco-friendly facilities that meet global standards and offer transparency. These parks integrate resource-sharing, renewable energy systems, and waste management to reduce carbon emissions and operational costs. Offering higher rental premiums and long-term viability, they are reshaping the industrial real estate sector. Cities like Pune, Chennai, and Coimbatore are emerging as key hubs driving this green transformation, attracting global tenants and supporting the nation's net-zero ambitions through sustainable infrastructure development.Read more

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Crown Worldwide Group inaugurates green-certified logistics facility in Bengaluru

Crown Worldwide Group has launched its fourth owned facility in India at Ramasandra, Bengaluru, marking a key step in strengthening its presence in one of its top five markets. The 76,000 sq. ft. EDGE-certified green building is designed for advanced logistics operations, with over 57,000 sq. ft. dedicated to information management, storage for 900,000 cartons, and secure destruction zones. The facility also features dedicated areas for Crown Workspace and Crown Relocations, smart energy systems, and greenery covering 43 per cent of the site, highlighting the company's commitment to sustainable infrastructure and future-ready services.Read more

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Government upgrades logistics data bank for better export container and truck tracking

The government has rolled out an upgraded version of its logistics data bank, allowing real-time tracking of export containers at sea and domestic trucks on road and rail networks. Developed by NICDC Logistics Data Services (NLDSL), the system integrates multiple transport modes, providing a live container heatmap and multi-modal visibility. Officials say this will improve supply chain efficiency, reduce logistics costs, and enhance India's competitiveness in global trade. The upgrade complements ongoing initiatives, including the development of 12 industrial cities across ten states with planned investments of INR 28,602 crore.Read more

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DP World opens modern warehouse for Mondelez India in Kochi

DP World has dramatically expanded its logistics footprint in India with a new Kochi warehouse for Mondelez India. Designed for over 4,000 pallet positions including dry and ambient storage, the facility strengthens supply chains and improves responsiveness to seasonal demand spikes. Integrating advanced infrastructure, skilled manpower, and end-to-end warehousing services, it ensures reliable and timely delivery of products. The new warehouse also reduces reliance on multiple vendors, cuts lead times, and reinforces service quality, highlighting DP World's role in building robust, integrated logistics solutions across India.Read more

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