CAPEX & FUTURE PLAN
SRF Limited has announced the successful commissioning and capitalization of its agrochemical intermediate manufacturing facility at Dahej, Gujarat. The project, initially approved by the Board on October 27, 2023, was estimated to cost ₹235 crore. The first phase was commissioned on July 31, 2024, at a cost of ₹190 crore. As of April 10, 2025,…
EPACK Durable Limited has announced a significant capacity addition to support its newly launched washing machine product line. Key Highlights: Proposed Capacity Addition: Approximately 600,000 units per annum Timeline: Capacity to be added within approximately 1 year Investment Required: Approximately ₹50 crore Mode of Financing: Internal accruals (own funds) Rationale: Enhancement of production capacity to…
Hindustan Media Ventures Limited (HMVL), a prominent media company in India, has recently expanded its investment portfolio by converting warrants into equity shares of Pur Energy Limited (PURE), a Hyderabad-based electric vehicle (EV) manufacturer. This strategic move underscores HMVL’s commitment to diversifying its interests and tapping into the burgeoning EV market. Details of the Investment:…
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…