CAPEX & FUTURE PLAN
Adani Enterprises Limited (AEL) has announced the incorporation of a new step-down wholly owned subsidiary by its existing wholly owned subsidiary, Adani New Industries Limited (ANIL). The newly formed entity, Adani New Industries One Limited (ANIOL), was officially registered on March 24, 2025. Key Details of ANIOL: Authorized and Paid-up Share Capital: ₹1,00,000, divided into…
BYD’s Bold Move: Massive ₹85,000 Cr Investment to Supercharge India’s EV Market China’s leading electric vehicle (EV) manufacturer, BYD, is making waves in the Indian automobile market with a monumental investment of ₹85,000 crore. This ambitious plan includes the construction of a massive manufacturing facility capable of producing 6 lakh (600,000) EVs annually, positioning India…
Timken India Limited has announced plans to enhance its production capacity for rail bearing components at its Jamshedpur facility. Key Details of the Expansion: Current Operations: Manufacture of tapered roller bearings and rail bearings, including components like cups and cones. Capacity Utilization: The existing grinding and assembly operations for cup and cone components are nearly…
MAN Industries (India) Limited has inaugurated a new advanced Spiral Mill for narrow-range pipes and an advanced Polyurethane (PU) Coating Facility at its manufacturing plant in Pithampur, Madhya Pradesh. Key Highlights: Investment: Approximately ₹100 crore Capacity Expansion: Annual production capacity increased from 100,000 TPA to 150,000 TPA, adding 50,000 TPA Product Range: Capability to manufacture…
Apollo Hospitals Enterprise Ltd is set to revolutionize cancer treatment in India with the establishment of a Comprehensive Oncology Centre featuring the country’s first Proteus One Proton System. This ambitious project, requiring an investment of Rs 250 crores, is planned over the next three years and will include state-of-the-art ancillary equipment. The hospital has partnered…
Zaggle Prepaid Ocean Services Limited, a leading SaaS FinTech company, has announced a strategic partnership with PhysicsWallah, one of India’s prominent EdTech platforms. This collaboration aims to develop innovative solutions that will revolutionize the educational technology sector, providing enhanced learning experiences for students across the country. The partnership will leverage Zaggle’s technological expertise and PhysicsWallah’s…
Greenpanel Industries Limited, a leading manufacturer of Medium Density Fibreboard (MDF), has successfully commissioned a new MDF plant at its existing unit in the Tirupati district, Andhra Pradesh. This expansion marks a significant step in the company’s growth strategy, enhancing its production capabilities to meet increasing market demand. Key Highlights of the Expansion: 1. Installed…
Blue Star Limited, a leading name in the air conditioning and commercial refrigeration industry, is ramping up its manufacturing capabilities for Room Air Conditioners at its Sri City Plant. This expansion is being carried out through its wholly-owned subsidiary, Blue Star Climatech Limited. Key Highlights of the Expansion: 1. Current Manufacturing Capacity Blue Star’s Sri…
Everest Industries Limited is taking a significant step towards strengthening its presence in the eastern region of India by expanding the capacity of its Fibre Cement Boards plant. This expansion will be carried out through its wholly-owned subsidiary, Everest Buildpro Private Limited (EBPL). Key Highlights of the Expansion Location: Matia, Goalpara, Assam Capacity Addition: 72,000…
Bikaji Foods Strengthens U.S. Presence with Additional Investment in Bikaji USA Bikaji Foods International Limited (BFIL) has taken another step towards strengthening its presence in the U.S. market. On February 24, 2025, the company announced an additional subscription of 10,000 common stocks worth $10 each, totaling $100,000, in its wholly-owned subsidiary, Bikaji Foods International USA…