22 Nov 2025

VA Tech WABAG has received a repeat design-build-operate order valued between USD 30 million and USD 75 million from Nepal's Melamchi Water Supply Development Board. The project involves setting up a 255-million-litre-per-day water treatment plant at Sundarijal in the Kathmandu Valley, funded by the Asian Development Bank. The work includes full EPC responsibilities along with five years of operations and maintenance. Construction is planned for 36 months. The new facility will stand beside WABAG's earlier Melamchi plant, strengthening its ongoing involvement in Nepal's drinking-water sector.Read more

21 Nov 2025

NTPC Renewable Energy has started commercial supply from 75.50 MW of the 1,255 MW Khavda-I solar PV project in Gujarat, raising the NTPC group's total installed capacity to 84,924 MW. The project, part of the CPSU scheme Phase-II Tranche-III, is being executed through NTPC Green Energy Ltd, with supply starting November 19, 2025. Earlier this month, NTPC increased its installed capacity targets to 149 GW by 2032 and 244 GW by 2037. The move strengthens India's renewable energy growth and supports sustainable power expansion.Read more

21 Nov 2025

Pidge has raised INR 120 crore in a funding round led by LVEC, signaling strong investor confidence in its rapid growth and scalable operations. The company reports a tenfold year-on-year growth, an annualized run rate of INR 250 crore, and robust margins. The funds will support expansion into Tier 2 and Tier 3 cities, further AI-driven technology innovation, organizational capability building, and international pilot programs. Serving over 20,000 brands, Pidge aims to digitally equalize last-mile logistics and maintain its position as India's largest interoperable logistics platform.Read more

21 Nov 2025

SAIL's Rourkela Steel Plant is set for a major expansion, aiming to increase its capacity to 9.8 million tonnes per year. The expansion includes a new 1 MTPA slab caster built at INR 1,100 crore and ongoing construction of a coke oven battery and pellet plant. The project supports critical sectors like defence, oil and gas, and automobiles. Earlier, RSP was India's first public sector steel plant, starting operations in 1959 with German collaboration and an initial 1 MTPA capacity. The expansion aligns with the government's 300 MT national steel target.Read more

21 Nov 2025

Indowind Energy Ltd has launched a rights issue of 3.22 crore shares at INR 15.35 per share, raising INR 49.42 crore. Existing shareholders are offered one share for every four held, with a premium of INR 5.35 included in the price. The record date for eligibility is in the current week, and the subscription period runs from December 1 to December 9. The move aims to strengthen the company's equity base while allowing shareholders to increase their holdings.Read more

20 Nov 2025

JCB India anticipates strong growth in the domestic construction equipment market, which could become the second largest globally by 2030. Industry volumes are currently around 95,000-100,000 units, down from last year due to tariff issues and export challenges, particularly with the US. JCB India expects double-digit growth next year in both domestic sales and exports, aided by robust monsoons and infrastructure investments in states like Andhra Pradesh and Maharashtra. The company is also focusing on future-ready machinery, including hydrogen-compatible equipment and a 52-tonne excavator, to meet emerging market demands.Read more

20 Nov 2025

Aion-Tech Solutions' subsidiary, ROQIT Greenfield Digital, has partnered with Indian Railways to launch an AI-powered logistics platform for small parcel deliveries. The pilot will begin early next year with South Central Railway and aims for a nationwide rollout. The platform will integrate ETO Motors for sustainable first- and last-mile delivery and feature a cloud-native app with real-time tracking, digital payments, and partner selection. Light-to-medium-weight parcels currently account for less than 1 per cent of railway traffic in India, highlighting a major efficiency gap ROQIT intends to bridge.Read more

20 Nov 2025

Inox Green Energy Services Ltd will provide O&M services for 5 GW of renewable energy projects developed by INOXGFL Group and KP Group. Through MoUs signed by Inox Wind and Inox Solar with KP Energy Ltd and KPI Green Ltd, the partnership aims to establish 2.5 GW each of wind and solar projects across India. Inox Green, managing 12.5 GW of renewable assets, specializes in long-term O&M services. As India's only listed renewable O&M company, it has over a decade of experience and serves major IPPs, PSUs, and retail clients.Read more

20 Nov 2025

Nemetschek Group has signed an MoU with IIT-Madras to conduct advanced research in low-carbon and lean construction technologies, supported by an investment of USD 100,000 from its AI and Data Innovation Hub. The German software company provides solutions for the entire lifecycle of construction and infrastructure projects and reported revenues of EUR 995.6 million in 2024. The partnership aims to reduce carbon emissions, enhance efficiency, and promote sustainable construction practices while leveraging IIT-Madras' expertise in digital innovation for India's construction sector.Read more

19 Nov 2025

The Karnataka government will develop a 200-acre semiconductor park within the upcoming 5,000-acre KWIN City near Bengaluru, aiming to strengthen its position in advanced manufacturing and next-generation technologies. Announced at the Bengaluru Tech Summit, the park will offer specialised infrastructure for chip-making companies and act as a national innovation hub. Minister M B Patil highlighted the state's push to attract investments in semiconductors, drones, solar energy and Industry 5.0. Karnataka already hosts over 800 R&D centres, 100 chip-design firms and thousands of start-ups in areas such as AI, quantum computing and deep tech. The government has allocated INR 600 crore and is planning a Centre of Excellence for AI and Quantum Computing in Dharwad.Read more

19 Nov 2025

A large industrial and logistics park by XSIO, being developed in partnership with Blackstone and the Maharashtra government, is coming up along the Samruddhi Expressway near Nagpur. With a committed investment of INR 5,127 crore, the park is projected to generate more than 10,000 direct and indirect jobs. Built in phases and designed around sustainability and smart infrastructure, the project aligns with the state's push for modern logistics centres under its logistics policy. The development also supports Nagpur's growing role as a logistics hub.Read more

18 Nov 2025

Voltsun Labs Pvt Ltd is establishing a greenfield solar cell and module manufacturing plant in Naidupeta, Tirupati district, with an investment of INR 1,743 crore. The Andhra Pradesh government is allotting 37 acres of land at concessional rates and will support the project with external infrastructure. The facility, built in two stages, will have 1 GW solar cell and 1 GW module capacity using TOPcon monocrystalline and bifacial technologies. The project is expected to create 415 direct jobs and strengthen the state's renewable energy sector.Read more

18 Nov 2025

The Central Government has approved 17 projects under the Electronics Component Manufacturing Scheme (ECMS), opening up investment commitments of INR 7,172 crore and creating more than 11,800 jobs. The selected applicants include Jabil, Aequs, AT&S, Uno Minda, Zetwerk, Secure Meters and others, with production spanning camera modules, multi-layer PCBs, enclosures, connectors, oscillators and optical transceivers. These projects, spread across nine states, are expected to generate output worth INR 65,111 crore. Combined with the first tranche cleared earlier, ECMS now covers 24 projects. Officials said the scheme strengthens India's electronics value chain amid shifting global supply dynamics, while industry leaders noted its role in anchoring global manufacturing and building competitive domestic capabilities.Read more

18 Nov 2025

Kerala has asked Kerala Agricultural University (KAU) to transfer five acres of land at its Coconut Research Station in Balaramapuram to Kerala State Industrial Enterprises (KSIE) for a logistics hub meant to support Vizhinjam Port. The land lies about 5.4 km from the port gate and is suitable for container truck access. KSIE's plan includes more than 50,000 sq ft of warehousing, a container freight station, internal roads, offices and value-added logistics facilities. Earlier this year, KSIE had requested 15 acres, and government departments have begun reviewing the proposal.Read more

18 Nov 2025

Ambaji's celebrated white marble, sourced from the sacred pilgrimage site and Shaktipeeth in Gujarat, received a Geographical Indication (GI) tag earlier this week, marking a significant recognition of its purity, durability and historic value. The registration, granted by the Geographical Indications Registry under the Ministry of Commerce and Industry, formally acknowledges the stone's unique qualities linked to its place of origin. Officials and industry representatives noted that the GI tag is expected to strengthen Ambaji marble's global identity, enhance its demand in international markets, and support the growth of local quarrying and artisanal communities.Read more

18 Nov 2025

Jakson Group has begun its INR 8,000-crore investment to build a 6 GW integrated solar manufacturing facility in Madhya Pradesh. The project's first phase, for which groundwork was laid earlier this past week, includes 3 GW of cell and 4 GW of module manufacturing capacity. Over the next three years, the company plans to develop 6 GW capacities each for ingot, wafer, cell and solar modules, creating about 4,000 jobs. The first phase alone will involve INR 2,000 crore and generate around 1,700 jobs. State leadership emphasized that the initiative supports local employment and India's clean-energy goals.Read more

17 Nov 2025

Chief Minister Shri N. Chandrababu Naidu virtually inaugurated five industrial units in Sri City during the 30th CII Partnership Summit in Visakhapatnam, while the state signed agreements for 12 new projects worth INR 2,320 crore across engineering, food processing and pharmaceuticals. These ventures are expected to create 12,365 jobs. Naidu said Sri City had become India's leading industrial township, home to global manufacturers like Daikin, Isuzu and Cadbury, and noted that Andhra Pradesh has already cleared INR 8.8 lakh crore in investments from several countries. He announced plans to allot 6,000 more acres and develop an airstrip, positioning Sri City as a major hub expected to employ 1.5 lakh people.Read more

17 Nov 2025

ReNew Energy Global Plc has committed INR 60,000 crore to Andhra Pradesh to develop green energy projects, bringing its total investment in the state to INR 82,000 crore. The company will establish a 6 GW ingot wafer plant, 2 GW pumped hydro project, 300 KTPA green ammonia facility, and 5 GW of hybrid wind-solar and solar-BESS projects. The investment is projected to create 10,000 jobs and support the state's renewable energy goals, including 78.5 GW solar, 35 GW wind, and 25 GWh battery storage capacity, while focusing on high-tech green energy solutions.Read more

17 Nov 2025

NTPC has outlined a broad nuclear expansion plan involving 700 MW, 1,000 MW and 1,600 MW projects across multiple states. The company aims to contribute 30 GW to India's proposed 100 GW nuclear target by 2047 and is assessing land in Gujarat, Madhya Pradesh, Bihar and Andhra Pradesh. NTPC has begun groundwork on technology partnerships, raw material sourcing and overseas uranium asset evaluation, supported by a draft agreement with UCIL. It is also setting up a large nuclear project in Rajasthan through ASHVINI, its joint venture with NPCIL.Read more

17 Nov 2025

India has introduced an anti-dumping duty of USD 121.55 per tonne on hot rolled flat steel imports from Vietnam for five years. Recommended by the DGTR and notified by the finance ministry, the measure is intended to protect domestic steel manufacturers from low-cost imports that could undercut local production. The duty will remain effective unless amended or revoked earlier. This step is part of India's broader effort to ensure fair trade, stabilize the steel market, and strengthen the competitiveness of local steel producers.Read more