18 Apr 2026

Industrial and warehousing demand across India's top eight cities reached 11 million sq ft in Q1 2026, reflecting a 22% year-on-year increase, according to Colliers. Third-party logistics (3PL) companies led activity, contributing around one-third of total leasing at approximately 3.5 million sq ft, with demand rising 1.8 times annually. Delhi NCR and Chennai together accounted for nearly half of overall absorption, while Bengaluru and Hyderabad recorded strong growth. New supply stood at 12.5 million sq ft, up 33% year-on-year, leading to a rise in vacancy levels to 16.7%. Despite near-term risks from global supply chain disruptions, long-term demand drivers remain supported by logistics expansion and policy-led manufacturing growth.Read more

17 Apr 2026

The government of Sweden disclosed that a pro-Russian cyber group attempted to disrupt operations at a thermal power plant in western Sweden during the past year, though the attack was unsuccessful due to built-in safeguards. Authorities indicated that the actor had links to Russian intelligence services. The incident reflects a broader increase in hybrid attacks targeting European infrastructure following the Russia's invasion of Ukraine. While no damage occurred, officials highlighted growing risks to critical energy assets, noting a shift from basic disruption tactics towards more destructive cyber capabilities across the region.Read more

17 Apr 2026

Stegra has raised around USD 1.7 billion to complete its hydrogen-based steel plant in northern Sweden, strengthening one of Europe's key green industrial projects. The funding, led by the Wallenberg family along with global investors like Temasek and IMAS, will support construction, cover rising costs, and provide financial stability. The project has faced delays due to challenges in scaling green hydrogen and cost pressures. Despite this, investor participation indicates continued confidence in low-emission steel production and long-term industrial decarbonisation efforts.Read more

17 Apr 2026

ReNew Energy Global Plc has added a record 2.4 GW of renewable energy capacity in FY2026, taking its total operating portfolio to 12.6 GW, making it the second-largest player in the country. This addition includes solar, wind, and battery energy storage systems. After adjusting for 600 MW of asset sales during the year, the company reported strong expansion across its clean energy business. It also has additional capacity under construction expected to be commissioned soon, while its manufacturing and C&I segments continue to expand steadily across solar modules and cells.Read more

17 Apr 2026

Brookfield Asset Management is looking to divest its 550 MW solar power project in Bikaner, Rajasthan, with an estimated enterprise value of around INR 3,000 crore. The asset is fully operational and backed by long-term power agreements, making it attractive to both domestic and global investors. The move is part of Brookfield's strategy to recycle capital from stable assets and invest in emerging energy segments. The deal reflects growing investor interest in India's renewable energy sector, especially in commercial and industrial power supply projects.Read more

17 Apr 2026

Clean Max Enviro Energy Solutions has entered into a partnership with Sangam India to support the decarbonisation of its manufacturing operations across Rajasthan. The collaboration involves a hybrid renewable energy supply arrangement combining solar, wind, and battery storage to power multiple textile facilities of Sangam India, the flagship entity of the Sangam Group based in Bhilwara. The project is designed to ensure stable, round-the-clock clean power through an intra-state group captive model. CleanMax's existing renewable presence in Rajasthan also supports the execution of this agreement.Read more

17 Apr 2026

China's refined copper consumption is projected to grow steadily over the next decade, supported by long-term industrial and infrastructure demand. A senior researcher from China Minmetals indicated that demand is unlikely to peak soon, with annual growth estimated at 3.7% until 2035. However, growth in the current year is expected to remain muted at around 1% due to slower progress in the energy transition, particularly in solar power, and elevated copper prices. Despite a possible population decline, overall consumption is expected to remain strong due to rising per capita usage and ongoing economic activity.Read more

17 Apr 2026

Karnataka is planning a 500-acre industrial hub in Mandya with an Automotive Research Association of India (ARAI) centre, expanding an earlier 100-acre proposal. The project aims to build a combined ecosystem for automotive research, testing and manufacturing. Land parcels near Basaralu and Belluru are under review, along with other locations. The hub is expected to attract investment, support electric mobility development and create jobs. The state is also considering a separate land allocation for an Andrew Yule Company unit as part of the broader industrial push in the region.Read more

15 Apr 2026

Hindustan Coca-Cola Beverages Private Ltd has commissioned a high-speed Kinley water production line at its Avinya manufacturing facility in Siddipet district, Telangana, as part of its ongoing capacity expansion. The plant, spread across 49 acres with a planned investment exceeding INR 2,000 crore, is among the company's most advanced facilities and currently operates seven production lines. The newly added line is capable of producing Kinley PET bottles at significantly higher speeds, enhancing output and operational efficiency. The development strengthens HCCB's manufacturing footprint in southern India and supports its packaged drinking water segment under the Kinley brand. The investment also reflects continued infrastructure scaling within the beverage manufacturing sector to meet growing consumption demand.Read more

15 Apr 2026

Swedish green steel developer Stegra has secured EUR 1.4 billion (USD 1.7 billion) in fresh funding from an investor consortium led by the Wallenberg group, providing financial support to complete its hydrogen-based steel plant in northern Sweden. The funding, which remains subject to lender approvals and documentation finalisation, comes amid delays and cost pressures affecting green hydrogen-based industrial projects across Europe. The consortium includes Temasek and IMAS Foundation, linked to the IKEA ecosystem. The project timeline remains under review, with production previously expected by 2027. As part of the transaction, investors plan to nominate Leif Johansson as chair of the board. The development highlights continued institutional interest in large-scale decarbonised industrial infrastructure despite execution and financing challenges.Read more

15 Apr 2026

At least 13 workers were killed and 21 injured following a boiler-linked explosion at a power plant operated by Vedanta Ltd in Sakti district, Chhattisgarh. The incident occurred at the Singhitarai facility and involved personnel from a subcontractor handling operations at the unit. The blast, caused by a high-pressure steam tube failure, led to severe burn injuries among workers. Multiple investigations have been ordered, including a magisterial probe, while the state government announced compensation for victims. The plant, part of a 1,200 MW thermal power project, has one operational unit and another under development. The incident has raised concerns around industrial safety compliance at large-scale energy infrastructure projects.Read more

15 Apr 2026

Steel Authority of India Limited (SAIL) has announced a brownfield expansion of its Bokaro Steel Plant in Jharkhand with an investment of INR 20,000 crore, aimed at increasing production capacity from 5.25 million tonnes per annum (MTPA) to 7.55 MTPA. The plan, outlined recently, involves installation of new industrial infrastructure including a blast furnace, coke oven battery, and upgraded rolling facilities. The project is expected to generate around 2,500 direct jobs and up to 10,000 indirect employment opportunities. Positioned within India's broader objective of scaling domestic steel output to 300 MTPA by 2030, the expansion also incorporates modernisation and efficiency improvements to existing systems, supporting both industrial growth and regional economic activity in Jharkhand.Read more

14 Apr 2026

Chitale Bandhu Mithaiwale will launch its new Ranje Vision Park near Pune on April 16, inaugurated by Maharashtra Chief Minister Shri Devendra Fadnavis. Spread across 25 acres with an investment of around INR 250 crore, the facility includes advanced production units for sweets and savouries with a capacity of 40 tonnes per day. Built to global food safety standards, the plant also features customer viewing galleries showcasing automated processes. The expansion supports the brand's growth in domestic and international markets, with plans to scale its retail presence from 1.25 lakh to 5 lakh touchpoints over the next three years.Read more

14 Apr 2026

Mazagon Dock Shipbuilders Ltd (MDL) has acquired a 51% controlling stake in Sri Lanka-based Colombo Dockyard PLC for INR 249.5 crore, marking its first international acquisition. The transaction, completed following a mandatory offer to shareholders, increases MDL's holding from around 41.73% to majority control. The Colombo-based facility is a key shipbuilding and repair yard in the region, and the acquisition enables MDL to expand its operational footprint beyond India. The deal forms part of a broader strategy to strengthen presence in the global shipbuilding and maritime services sector. It also follows earlier equity infusions and share purchases from existing stakeholders, including Japan's Onomichi Dockyard, culminating in the transfer of controlling interest.Read more

Noida News Desk

14 Apr 2026

The Greater Noida Industrial Development Authority (GNIDA) has launched an e-auction to allot 24 industrial plots across multiple sectors, aiming to strengthen industrial development and attract investment in the region. The offering, announced in the past week, includes plots of varying sizes located in sectors such as Ecotech and Udyog Kendra. The allotment will follow a competitive bidding process, with a stipulated application deadline and eligibility criteria for participating firms. The move is part of GNIDA's ongoing efforts to enhance industrial land utilisation and support manufacturing and allied activities. The initiative is expected to generate revenue for the authority while facilitating new industrial units and employment opportunities.Read more

13 Apr 2026

Construction of the 1,200 MW Punatsangchhu-I hydropower project in Bhutan has resumed after a nearly seven-year halt caused by geological issues affecting dam stability. The restart was marked by a concrete pouring ceremony attended by India's Power Minister Manohar Lal. The India-funded project, located in Wangdue Phodrang, is expected to be completed within five years and will significantly enhance Bhutan's hydropower capacity by around 30 per cent. With over 93 per cent financial and nearly 88 per cent physical progress achieved prior to suspension, the project underscores continued India-Bhutan cooperation in energy infrastructure and cross-border electricity trade.Read more

13 Apr 2026

The Gujarat government has entered into a memorandum of understanding with Taiwan-based Allegiance International Co Ltd to establish an Indo-Taiwan Industrial Park in the Sanand-Dholera region. The proposed development is expected to attract over INR 1,000 crore in foreign direct investment, primarily in semiconductor and electronics manufacturing. The project is estimated to generate around 12,000 direct jobs over five years and will support India's semiconductor ambitions. The agreement, signed in Gandhinagar, aims to facilitate collaboration between Indian and Taiwanese enterprises while strengthening Gujarat's position as a manufacturing hub, where projects worth over INR 1.24 lakh crore are already under development.Read more

13 Apr 2026

The Odisha government has unveiled 36 industrial projects involving an investment of INR 40,811 crore, expected to create around 59,000 jobs across the state. The initiatives include both inaugurated units and newly laid foundation stones, covering sectors such as green energy equipment, metals, textiles, plastics, tourism, agriculture, food processing, defence manufacturing, IT, automobiles, and cement. The state leadership highlighted sustained industrial momentum over the past 18-20 months, driven by multiple project launches and investments aimed at strengthening Odisha's manufacturing and employment base.Read more

13 Apr 2026

Adani Green Energy has entered into a joint venture through its subsidiary AGEL UAE with Minerva Holding RSC, a wholly owned arm of EPointZero, to develop renewable energy projects in India. EPointZero is part of the UAE-based IHC Group, one of the largest listed companies globally. The agreement includes provisions for equity participation and board representation. The partnership reflects increasing cross-border investments in India's clean energy sector and aligns with the country's long-term renewable energy expansion plans.Read more

Mumbai News Desk

13 Apr 2026

The Bombay High Court has directed the Mumbai Metropolitan Region Development Authority (MMRDA) to refund INR 646 crore to Reliance Industries Limited in a major ruling linked to a long-standing dispute over a commercial development project at Bandra Kurla Complex in Mumbai. The court has set aside penalty and demand notices issued by the authority, observing that the recovery action lacked legal backing and was applied in an arbitrary manner. It further noted inconsistency in extension benefits granted to similar projects, leading to unequal treatment, and ordered the refund within a fixed timeframe with interest applicable on delay.Read more