14 Jan 2026

Stegra has secured its first customer for non-prime steel from its hydrogen-based steel plant in northern Sweden, marking an early commercial milestone ahead of production. The Swedish startup has signed an agreement with Thyssenkrupp Materials Processing Europe to supply significant volumes from 2027, supporting the ramp-up of operations. Non-prime steel, while not used for high-spec applications, remains suitable for many industrial needs and helps ensure stable plant output. The deal comes as Stegra prepares for a delayed start and continues financing talks to complete the project. Built on low-carbon hydrogen technology, the plant is central to Sweden's push to lead Europe's green industrial transition.Read more

14 Jan 2026

KP Group has announced a significant investment commitment of INR 4,000 crore towards expanding renewable energy capacity in Gujarat, reinforcing the state's position as a key hub for clean energy development in India. The group has entered into a memorandum of understanding with the Gujarat government to develop a portfolio of solar and wind-solar hybrid power projects across multiple locations in the state. With a proposed aggregate capacity of around 855 MW, the projects will be spread across regions such as Devbhumi Dwarka and Kutch, including Bhuj. The initiative aligns with Gujarat's broader renewable energy ambitions and reflects growing private sector participation in large-scale clean power infrastructure, supporting energy transition goals and long-term sustainability.Read more

14 Jan 2026

Essar Future Energy Limited has announced plans to set up a large-scale bio-fuel complex in Gujarat's Devbhumi Dwarka district with a proposed investment of INR 5,100 crore. The project, formalised through a memorandum of understanding with the Gujarat government, is expected to generate around 350 direct jobs and commence operations by 2029. Designed as a special economic zone (SEZ) unit, the facility will have an initial feedstock processing capacity of 1 million tonnes per annum. The bio-fuel complex will focus on providing clean fuel solutions for hard-to-abate sectors such as aviation, shipping, and road transport, strengthening Gujarat's clean energy ecosystem and supporting India's broader energy transition goals.Read more

14 Jan 2026

Maruti Suzuki has announced plans to add up to one million units of annual production capacity after acquiring land worth around USD 550 million, strengthening its manufacturing footprint in India. The expansion comes as domestic auto demand remains strong, with the country's largest carmaker reporting a backlog of about six weeks for entry-level models and record dealer sales in December. The move aligns with parent Suzuki Motor's broader USD 8 billion investment plan in India over the next five to six years. India will also serve as Suzuki's global hub for electric vehicle production, supporting exports to nearly 100 markets worldwide.Read more

13 Jan 2026

State-owned ONGC has successfully capped the Mori-5 onshore well in Andhra Pradesh within a record five days, bringing the incident under control and completing all related field operations. The well experienced a blowout on January 5 during routine servicing, prompting immediate activation of emergency response protocols. ONGC deployed specialised well-control teams and equipment, ensuring personnel safety and environmental protection, with no fatalities reported. The swift containment highlights ONGC's technical expertise and preparedness in managing complex operational risks. The Mori-5 well is part of ONGC's onshore asset base in the state, where oil and gas activities support local employment, allied services, and industrial infrastructure, reinforcing the importance of operational resilience in energy-driven regional development.Read more

13 Jan 2026

Union Minister Piyush Goyal has called for wider adoption of precast and steel-based construction to reduce dust pollution from building activity in urban areas. Speaking in Mumbai, he said traditional reinforced concrete construction is a major source of air pollution and suggested cleaner, faster alternatives already common globally. Goyal said he may explore incentives with the Maharashtra government to encourage developers to shift to precast and steel systems, despite higher upfront costs. These methods reduce on-site dust, speed up project execution, and minimise disruption in dense cities. He also stressed industry-led adoption over blanket bans, noting that cleaner construction can support sustainable urban growth, redevelopment, and better living conditions in fast-growing metropolitan regions.Read more

13 Jan 2026

Websol Renewable Private Limited will invest INR 3,538 crore to set up an 8 GW integrated solar manufacturing facility at Naidupeta in Andhra Pradesh, strengthening the state's clean energy and industrial base. Spread across 120 acres, the project will include 4 GW each of solar cell and module manufacturing, developed in two phases starting production in 2027 and 2028. The facility is expected to create around 2,000 direct jobs and will be supported by a 100 MW captive solar power plant. Backed by customised state incentives, the project adds momentum to southern Andhra Pradesh's emergence as a key solar manufacturing hub, supported by port connectivity, logistics infrastructure, and rising domestic and export demand.Read more

13 Jan 2026

The Punjab government has launched a fresh round of mining site auctions and notified major reforms under the amended Punjab Minor Mineral Rules to improve transparency and boost revenue. In the first phase, 29 commercial mining sites were auctioned through online bidding, generating INR 11.61 crore. The new framework replaces volume-based allotments with competitive price bidding, upfront payments, advance royalty collection, and longer five-year lease tenures. Responsibility for environmental clearances has been shifted to bidders to reduce delays. With nearly 100 more sites to be auctioned, the reforms aim to curb illegal mining, ensure steady supply of construction materials, and support housing, infrastructure, and real estate development across Punjab.Read more

13 Jan 2026

State-owned NTPC plans to invest around INR 10,000 crore to set up a coal-to-synthetic natural gas (SNG) facility at Talaipalli in Chhattisgarh, strengthening fuel diversification and domestic coal utilisation. Spread over nearly 150 acres, the plant will produce about 5 lakh tonnes of SNG annually using coal from NTPC's captive mines. The project will deploy advanced gasification and methanation technologies, with final tie-ups expected by FY26-end. Beyond SNG, the facility can support production of fuels and petrochemicals, boosting industrial activity. The project is expected to create jobs, drive demand for infrastructure, and position Chhattisgarh as a key hub for cleaner, technology-led energy and industrial development.Read more

12 Jan 2026

Japan-based Nippon Paint has outlined plans to strengthen its India operations as it targets growth across housing, construction, and infrastructure-led real estate markets. Under its new India Managing Director, Sharad Malhotra, the company will bring all paints and coatings businesses under a single operating model to improve manufacturing flexibility, supply chain efficiency, and pan-India distribution. With seven manufacturing plants already in place, Nippon Paint plans to increase investments beyond its strong southern base and expand into high-growth urban and semi-urban centres. The strategy aims to support rising demand from residential, commercial, and infrastructure projects, reflecting a wider trend of global companies deepening their India presence.Read more

12 Jan 2026

Uttar Pradesh Chief Minister Shri Yogi Adityanath has inaugurated Ashok Leyland's new electric vehicle manufacturing plant, strengthening the state's industrial and logistics ecosystem. The facility will begin with an annual capacity of 2,500 electric buses, expanding to 5,000 units in phases. The project highlights Uttar Pradesh's improved infrastructure, including expressways, freight corridors, rail networks, and logistics hubs, which are attracting large-scale manufacturing investments. The state has received investment proposals worth INR 45 lakh crore and now contributes nearly 9.5 per cent to India's GDP. The EV plant supports Make in India goals, boosts electric mobility, creates skilled jobs, and reinforces Uttar Pradesh's position as a key manufacturing destination.Read more

12 Jan 2026

Maruti Suzuki India has approved an investment of INR 4,960 crore to acquire land and undertake preparatory work for expanding its manufacturing footprint in Gujarat. The expansion at Khoraj Industrial Estate will support an additional vehicle production capacity of up to one million units annually, addressing capacity constraints as existing plants operate at full utilisation. The investment covers land acquisition and development, with further spending to be decided in phases. The move aligns with Suzuki Motor Corporation's broader India investment plans and highlights Gujarat's appeal as an automotive manufacturing hub. The expansion is expected to boost industrial activity, strengthen logistics and port-linked infrastructure, and drive demand for industrial land and workforce housing in the region.Read more

12 Jan 2026

Nippon Express (India) Private Limited has been entrusted with the operation of THK India's newly established distribution centre at Sri City, marking a strategic step to strengthen on-site logistics and support manufacturing growth in India. The facility, located within THK India's Sri City plant, will play a key role in improving logistics efficiency and ensuring a stable supply chain as THK scales up production under India's expanding manufacturing ecosystem. Spread across around 8,000 sq m, the distribution centre will handle THK's core products such as linear motion guides and ball screws, with Nippon Express managing end-to-end logistics operations. The move reflects growing confidence in India as a global manufacturing and export hub amid supply chain realignments.Read more

10 Jan 2026

Allison Transmission has completed the acquisition of Dana Incorporated's Off Highway Drive & Motion Systems business for approximately USD 2.7 billion, strengthening its position in off highway and industrial mobility markets. The deal brings Dana's drivetrain and motion systems for construction, mining, agriculture, energy, and infrastructure sectors under Allison's umbrella. The company will operate through two units Allison Transmission and Allison Off Highway Drive & Motion Systems with headquarters in Indianapolis. The acquisition enhances product offerings, expands the global footprint, and positions Allison for long-term growth while managing integration and economic risks.Read more

09 Jan 2026

Horizon Industrial Parks has strengthened its partnership with automotive components manufacturer Benteler Automotive India by leasing additional manufacturing space at its Chakan facility in Pune. The new lease underscores the growing demand for high-quality industrial infrastructure in established automobile hubs and reflects the broader push towards localisation within India's manufacturing ecosystem. By expanding its footprint, Benteler aims to reduce dependence on imports and improve supply-chain efficiency through in-house production capabilities. The development also highlights how integrated industrial parks with strategic locations, sustainability features and modern layouts are increasingly attracting global manufacturers looking to scale operations in India. This expansion reinforces Pune's position as a key automotive and manufacturing cluster and signals continued momentum in the country's industrial real estate sector.Read more

08 Jan 2026

Tata Power Renewable Energy Ltd has secured approval to invest INR 6,675 crore in a 10 GW ingot and wafer manufacturing facility in Nellore, Andhra Pradesh. The project, cleared by the State Investment Promotion Board, will be the largest of its kind in India and will be developed at the IFFCO Kisan Special Economic Zone on 200 acres of land. The facility will support domestic solar manufacturing, create around 1,000 direct jobs, and be powered partly by a 200 MW captive green power plant.Read more

07 Jan 2026

Allcargo Terminals Ltd has increased the capacity of its container freight station near Jawaharlal Nehru Port in the Mumbai Metropolitan Region to 3.6 lakh TEUs annually, up from 1.90 lakh TEUs. The expansion includes a 25 per cent rise in warehousing space, dedicated zones for special and over-dimensional cargo, and RTG-enabled yard operations. The move is part of the company's three-year strategy focused on scale, digitisation, and infrastructure, while supporting growing EXIM trade volumes and JNPT's long-term capacity goals.Read more

07 Jan 2026

WDP has acquired a fully leased prime logistics site in the Port of Le Havre from AG Real Estate France for around EUR 58 million. The site includes two Grade A buildings and a container storage area, fully leased to Seafrigo until 2033. In addition, WDP sold a vacant logistics asset in Liège for about EUR 35 million. This move reflects WDP’s expansion under its BLEND2027 strategy, strengthening its presence in France and highlighting the strategic role of well-located logistics assets along key European corridors with high demand and limited supply.Read more

07 Jan 2026

Juniper Green Energy has raised INR 2,039 crore in debt financing from leading global and national financial institutions, including NaBFID, HSBC, DBS, Barclays, and Aseem Infrastructure, to support its upcoming renewable energy projects. The company has also expanded non-fund-based limits with Federal Bank and Axis Bank. The funding includes dedicated support for under-construction wind and solar-wind hybrid projects in Gujarat and Maharashtra. This financing builds on a previous INR 1,739 crore debt raised from IREDA and underscores strong lender confidence in Juniper Green Energy's growth and execution track record.Read more

06 Jan 2026

Waaree Energy Storage Solutions has raised INR 1,003 crore from strategic investors as part of its INR 10,000-crore plan to build a 20 GWh lithium-ion cell and battery pack manufacturing plant. The facility will focus on high-performance cells for utility storage, electric mobility, and distributed energy applications. This move positions Waaree Group as a fully integrated energy transition player, enhancing its ability to provide end-to-end solutions for grid stability and renewable adoption. The investment will also strengthen domestic supply chains and boost India's energy storage capacity.Read more