5 hours ago
• Supply chain operator Prozo has expanded its logistics presence in Maharashtra with a new 50,000 sq ft fulfilment centre in Bhiwandi, Thane district.
• The facility is designed to support FMCG, fashion and lifestyle, and healthcare distribution requirements across the state.
• With this addition, Prozo now operates seven fulfilment centres in Maharashtra, covering a total warehousing footprint of 4.1 lakh sq ft.
• The expansion reinforces Bhiwandi’s position as a key warehousing hub within western India’s logistics network.Read more
5 hours ago
Maharashtra and Finland have strengthened cooperation on circular economy and waste-to-value systems, with key participation from Maharashtra Chief Secretary Rajesh Aggarwal, IAS, MMRDA Metropolitan Commissioner Dr. Sanjay Mukherjee, IAS, and Consul General of Finland Erik af Hällström. The discussions were held during a circular economy conclave hosted by MMRDA and the Consulate General of Finland in Mumbai. The engagement comes ahead of the World Circular Economy Forum 2026 in India and reflects ongoing collaboration involving Chief Minister Devendra Fadnavis and Finnish leaders, including Ville Tavio and President Alexander Stubb, focused on sustainability, recycling and clean energy initiatives.Read more
03 Jun 2026
• The Chandigarh administration has proposed permitting fragmentation of industrial plots measuring four kanal or more in Industrial Area Phase I and Phase II as part of amendments to the Chandigarh Master Plan (CMP)-2031.
• The move forms part of the administration’s ongoing Deregulation-II exercise aimed at improving industrial land utilisation and supporting business activity.
• Larger industrial plots could be subdivided into smaller units, subject to revised planning approvals, zoning compliance and conditions under a separate fragmentation policy.
• The proposal is expected to improve access to industrial space for MSMEs, startups and service-sector businesses that often find larger plots financially inaccessible.
• The administration is also considering broader industrial reforms, including mixed land use, higher development flexibility and ease-of-doing-business measures.Read more
02 Jun 2026
• Andhra Pradesh is planning a INR 3,500 crore furniture manufacturing hub near Gudur.
• The proposed cluster is expected to support large-scale furniture production and attract domestic and international investment.
• Officials said the project will focus on strengthening manufacturing infrastructure, employment generation and industrial development.
• The initiative forms part of the state’s broader strategy to expand industrial clusters and boost manufacturing-led economic growth.Read more
02 Jun 2026
• The Supreme Court has ruled that the Navi Mumbai Municipal Corporation (NMMC) is the competent authority to levy and collect property tax in the Thane Trans Creek (TTC)-MIDC industrial area.
• The judgment brings an end to a legal dispute that has been ongoing for more than two decades between industrial associations and civic authorities over taxation powers in the corridor.
• The ruling clarifies the distinction between municipal taxes and service charges collected by the Maharashtra Industrial Development Corporation (MIDC), while also addressing the applicability of tax exemptions in the industrial belt.
• The decision is expected to pave the way for recovery of substantial pending property tax dues from industrial units operating in the region.Read more
02 Jun 2026
• Tata Power Solar Rooftop has launched the ‘Ghar Ghar Solar’ campaign in Uttar Pradesh in partnership with Tata Power Battery Storage.
• The initiative aims to accelerate rooftop solar adoption and provide households with round-the-clock clean energy solutions.
• The company plans to install 3 lakh rooftop solar systems across the state over the next three years, targeting 1,000 MWp of cumulative capacity.
• The programme combines rooftop solar, battery storage and financing options to make clean energy more accessible and affordable.
• Uttar Pradesh offers subsidies of up to INR 1.08 lakh for systems up to 3 kW through combined central and state government incentives.Read more
02 Jun 2026
• Avaada Group plans to add 5 GW of renewable energy capacity during the current financial year, taking its operational portfolio to 12 GW by March 2027.
• The proposed capacity comprises solar, wind and Battery Energy Storage System (BESS) projects across Maharashtra, Gujarat and Rajasthan.
• The company added 2 GW in FY26 but faced delays in commissioning additional projects due to pending power purchase agreements (PPAs) and transmission infrastructure readiness.
• Avaada is also developing an integrated solar manufacturing facility at Butibori, Nagpur, covering ingots, wafers, cells, modules and ancillary products under one complex.
• The group remains on track to achieve its long-term target of 30 GW of renewable energy capacity by 2030 while reducing import dependence through domestic manufacturing.Read more
02 Jun 2026
• Intel Corporation, the Odisha government and 3DGS have signed a memorandum of understanding to introduce semiconductor substrate manufacturing technology in India.
• The proposed facility will be developed in the Bhubaneswar-Khurda region with an estimated investment of around USD 3.3 billion.
• The project will be implemented in phases over five to six years and is expected to create more than 1,800 direct high-skilled jobs.
• The facility will manufacture advanced packaging glass core substrates, high-density interconnect substrates and related semiconductor technologies.
• The development forms part of India’s broader push to strengthen its semiconductor ecosystem ahead of the proposed India Semicon Mission 2.0.Read more
01 Jun 2026
• Sunsure Energy has commissioned a 105 MWp solar power project in Kabrai village, Mahoba district, Uttar Pradesh, within four months of signing the power purchase agreement.
• The project is the first solar facility to evacuate renewable power through the state’s Green Energy Corridor-II infrastructure developed by UPPTCL.
• Spread across 282 acres, the plant is expected to generate more than 16.7 crore units of electricity annually and support the power requirements of nearly 1.4 lakh households.
• With this addition, Sunsure’s operational renewable energy capacity in Uttar Pradesh has reached 365 MWp across 11 facilities.
• The company plans to expand its operational capacity in the state to 500 MW by the end of FY26, supported by a planned battery energy storage project.Read more
01 Jun 2026
• Real estate investment across the Asia Pacific region increased 19.2% year-on-year during Q1 2026, according to Savills.
• Prime office assets led the recovery, while industrial, logistics and data centre-related investments continued to witness strong demand.
• India emerged as a key market attracting investor interest due to infrastructure expansion, logistics growth and rising data centre activity.
• Cross-border capital flows strengthened during the quarter, particularly in Japan and Singapore.
• Investors continued focusing on core income-generating assets despite geopolitical tensions and global trade uncertainty.Read more
01 Jun 2026
• India’s total energy investment is expected to touch a record USD 170 billion in 2026, according to the International Energy Agency (IEA).
• Solar power investment has grown 25 per cent annually over the past five years, while oil refining investment increased 23 per cent during the same period.
• India achieved its target of sourcing 50 per cent installed power capacity from non-fossil fuel sources ahead of schedule, supported by rising solar and renewable energy projects.
• Investments in transmission networks, battery storage, hydropower and nuclear energy are also increasing as the country expands renewable energy capacity.
• Coal continues to remain a major part of India’s energy mix, with coal supply investment expected to reach USD 13 billion in 2026.Read more
31 May 2026
• JSW Steel has commenced work on a large greenfield steel plant project in Paradip, Odisha, with planned investment estimated at nearly INR 1 trillion over multiple phases.
• The proposed integrated steel facility is being developed on land earlier associated with the stalled Posco project near Paradip.
• The project is expected to strengthen Odisha’s position as a major steel and industrial hub while supporting port-led manufacturing and logistics infrastructure.Read more
30 May 2026
• Reliance Industries has delivered the first 200 MWp batch of high-efficiency solar modules from its green energy manufacturing complex in Jamnagar, Gujarat.
• The company is developing a 5,000-acre integrated clean energy ecosystem covering solar modules, batteries, green hydrogen and bio-energy infrastructure.
• Reliance plans to scale solar manufacturing capacity to 10 GWp annually, with a long-term target of 20 GWp.
• The company is also advancing battery storage, green hydrogen and compressed biogas infrastructure as part of its clean energy platform.
• Reliance stated that it has committed nearly INR 75,000 crore towards the initiative, which could generate over 200,000 green jobs.Read more
30 May 2026
• Mizoram is planning to develop the 132-MW Tuivai Hydroelectric Project in Saitual district near the Manipur border.
• The project is estimated at INR 2,289.50 crore and is expected to be completed within five years.
• The DPR has been completed and the project is now ready for the tendering process.
• Mizoram currently meets only around 10 per cent of its electricity demand through local generation and spends nearly INR 649.54 crore annually on power purchases.
• The state government is also exploring implementation of the hydropower project through the PPP model.Read more
30 May 2026
• Adani Group has secured Maharashtra government approval for an INR 70,000 crore coal gasification project.
• The project is among the state’s largest industrial investment proposals in the energy and manufacturing sector.
• It will focus on coal gasification and downstream industrial production activities.
• Officials cleared the proposal through the state’s investment facilitation mechanism.
• The project is expected to support industrial expansion, manufacturing capacity and employment generation in Maharashtra.Read more
29 May 2026
A recent inspection by the Commission for Air Quality Management (CAQM) found 24 cases of excessive road dust and improper construction and demolition waste handling across Ghaziabad. The inspection highlighted gaps in mechanised road sweeping, water sprinkling and waste disposal measures being carried out by civic authorities. CAQM has directed local agencies to strengthen dust mitigation efforts and improve monitoring across pollution hotspots. The development comes as Ghaziabad continues to face air quality concerns linked to road dust, construction activity and rapid urban infrastructure growth across the NCR region.Read more
29 May 2026
• Maharashtra has introduced a new electric vehicle policy focused on accelerating EV adoption, charging infrastructure and domestic manufacturing across the state.
• The policy includes purchase subsidies, toll and tax exemptions, EV-ready building norms and highway charging corridors.
• The state also plans to strengthen EV battery recycling, research, skill development and clean mobility infrastructure through coordinated implementation across multiple government departments.Read more
29 May 2026
The Brihanmumbai Municipal Corporation’s long-delayed Mogra pumping station project in Andheri has moved closer to execution after receiving clearance from the Maharashtra Coastal Zone Management Authority. Planned near Mogra nullah in Andheri East, the project forms part of Mumbai’s flood mitigation infrastructure aimed at reducing waterlogging in low-lying areas during heavy rainfall. The proposal, conceived after the July 2005 floods, had faced delays linked to land acquisition and environmental approvals. Civic officials expect the facility to strengthen stormwater drainage capacity in the western suburbs.Read more
29 May 2026
• L&T GeoStructure secured multiple infrastructure contracts worth INR 1,000 crore to INR 2,500 crore across steel, waterways and marine sectors in India.
• The company received its largest piling contract from JSW Utkal Steel for the upcoming 10 MTPA steel plant at Paradeep in Odisha.
• L&T also won Inland Waterways Authority of India contracts for ship repair and maintenance facilities at Patna and Varanasi on National Waterway-1.
• Mumbai Port Authority awarded the company a contract to develop India’s first yacht marina at Mumbai Harbour.
• The projects support India’s growing focus on industrial infrastructure, inland water transport and coastal development.Read more
28 May 2026
JSW Energy has raised INR 4,000 crore through a qualified institutions placement (QIP) by issuing 7.61 crore equity shares to eligible institutional buyers. The company allotted shares at INR 525 each, reflecting a 1.69 per cent discount to the floor price of INR 534.05 per share. The fundraising was approved by the finance committee of the board after receiving application forms and funds in the escrow account from institutional investors. The capital raise comes as the company continues to expand its power generation portfolio and strengthen its long-term growth plans in the energy sector.Read more