07 Jul 2026

Adani Enterprises has partnered with Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, to establish a USD 11.5 billion (INR 1.08 lakh crore) integrated aluminium project in Odisha through a 50:50 joint venture. The project will comprise a 4 MMTPA alumina refinery, 2 MMTPA aluminium smelter, 4,000 MW captive power plant and a 1 MMTPA downstream manufacturing park, making it India's largest integrated aluminium investment. The venture marks Adani Group's entry into the aluminium sector, challenging the dominance of existing industry leaders while supporting Odisha's emergence as a global aluminium manufacturing hub and creating over 53,500 employment opportunities.Read more

07 Jul 2026

JSW Steel has started construction of its proposed 2 million tonnes per annum (MTPA) steel plant in Andhra Pradesh through its wholly owned subsidiary, JSW Rayalaseema Steel Ltd. The project, with a total planned investment of over INR 16,350 crore, will be developed in two phases and will use Electric Arc Furnace (EAF) technology to produce low-carbon-emission structural steel. The facility is expected to strengthen the company's manufacturing footprint while supporting India's transition towards more sustainable steel production using recycled scrap and direct reduced iron.Read more

07 Jul 2026

Hindustan Petroleum Corporation Limited (HPCL) reported that its operational efficiency programme, Project Samridhi, improved earnings by USD 0.54 per barrel during FY26 through cost optimisation and refinery performance enhancements. The initiative generated EBITDA gains of INR 1,691 crore while supporting broader investments in refining, pipeline and fuel retail infrastructure. The programme forms part of HPCL's strategy to strengthen operational efficiency, expand energy infrastructure and improve financial performance across its refining and marketing network.Read more

07 Jul 2026

Tata Motors has partnered with Welspun Renewable Energy Pvt Ltd to develop an 86 MW wind-solar hybrid renewable energy project that will supply clean electricity to four of its commercial vehicle manufacturing plants across Jharkhand, Uttar Pradesh, Uttarakhand and Karnataka. The project is expected to generate around 200 million units of renewable power every year and reduce more than 1.4 lakh tonnes of carbon dioxide emissions annually. The initiative supports Tata Motors' clean energy transition and aligns with its RE100 commitment to source 100 per cent renewable electricity by 2030.Read more

06 Jul 2026

Tata Power plans to expand its public EV charging network to 10,000 charging points by 2030, reinforcing its long-term commitment to accelerating electric mobility across India. The company currently operates over 5,500 public and captive charging points, more than 1.4 lakh home chargers and 1,200-plus bus charging points across 630-plus cities and towns. As part of its roadmap, Tata Power also aims to scale its home charging infrastructure to 7.5 lakh chargers while expanding charging access across highways, airports, residential communities, commercial hubs and tourist destinations. The expansion strategy comes as the company inaugurated India's largest TATA.ev MegaCharger Hub in Mumbai, highlighting its focus on strengthening the country's EV charging ecosystem and supporting the growing adoption of electric vehicles.Read more

06 Jul 2026

Abu Dhabi-based International Holding Company (IHC) and the Adani Group have signed a joint venture agreement to develop an integrated aluminium project in Odisha with an investment of USD 11.5 billion. The project, which will be owned equally by both partners, is expected to become India's largest foreign investment in the metals sector. It will include an alumina refinery, aluminium smelter, captive power plant and downstream manufacturing park. The development is expected to strengthen India's aluminium production capacity, create more than 53,000 jobs and support the country's growing industrial demand.Read more

05 Jul 2026

AFC Furniture Solutions has announced plans to expand its operations in Maharashtra beyond Mumbai, focusing on Pune's technology corridors and Nagpur's MIHAN industrial zone. The office furniture manufacturer expects western India to contribute 25–30% of its revenue, supported by growing demand from Global Capability Centres (GCCs), industrial occupiers and commercial developments. The expansion aligns with the Maharashtra GCC Policy 2025 and increasing office leasing activity in Pune, where GCCs accounted for 69% of total office absorption during the first quarter of 2026. The company also plans to strengthen its presence through partnerships with developers, architects and corporate occupiers across the state.Read more

05 Jul 2026

Rane (Madras) Limited (RML) has signed an agreement to acquire the friction business of Hindustan Composites Limited (HCL) for an enterprise value of INR 370 crore through a slump sale. The acquisition includes the COMPO brand, two manufacturing facilities in Maharashtra and an established nationwide distribution network. The acquired business reported revenue of INR 315.04 crore and profit before tax (PBT) of INR 40.29 crore in FY26. Upon completion, RML expects to create a friction materials business with annual revenue exceeding INR 1,000 crore, strengthening its presence across automotive, railway, industrial and aftermarket segments. The transaction remains subject to regulatory approvals and is expected to close by the end of the second quarter.Read more

05 Jul 2026

• Union Minister Dr. Jitendra Singh inaugurated four advanced research and development facilities and laid the foundation stone for a 44.46 crore hostel complex at CSIR-IICT, Hyderabad.
• The new facilities focus on fluorochemicals, sustainable engineering, continuous chemical processing and wastewater treatment, with an emphasis on translating research into industrial applications.
• The minister highlighted the growing role of science in converting agricultural waste into value-added products, promoting clean energy, circular economy and industrial innovation.
• He stressed stronger collaboration between research institutions, industry, startups and MSMEs to accelerate technology commercialisation and support India's economic growth.Read more

04 Jul 2026

CTP has expanded its logistics portfolio by opening an 11,500 sqm distribution centre at CTPark Ceska Lípa in the Czech Republic for Saint-Gobain’s Sekurit Service. The new facility will serve as a central hub for distributing replacement auto glass across Europe, helping improve delivery efficiency and reduce supply times. The development strengthens CTP's presence in the European logistics real estate market while supporting Saint-Gobain's supply chain with better connectivity to manufacturing sites, warehouses and key automotive markets across the region.Read more

04 Jul 2026

Wheels India Ltd plans to invest around INR 300 crore during FY27 to expand its presence across the tractor, wind energy, hydraulic cylinder and air suspension businesses. Speaking at the company's 67th Annual General Meeting, Chairman and Managing Director Srivats Ram said the air suspension segment recorded strong double-digit growth in FY26, supported by higher electric vehicle (EV) adoption, fleet modernisation, intercity transport expansion and increased demand for air-conditioned sleeper buses. The company also expects continued momentum in its car wheels business and remains optimistic about growth in wind energy components despite concerns over commodity price inflation linked to geopolitical tensions in West Asia.Read more

04 Jul 2026

Segro has announced a 50:50 joint venture with an international investor to develop and operate three logistics parks along the UK's M1 motorway corridor. The partnership has a projected fully developed gross asset value of around GBP 3 billion. Segro will contribute logistics parks in Radlett, Coventry and Northampton to the venture. The announcement comes soon after the company rejected a GBP 12.6 billion takeover approach from U.S.-based logistics developer Prologis. Once completed by 2030, the project is expected to significantly expand warehouse space and rental income across the three sites.Read more

04 Jul 2026

India's industrial and logistics sector recorded gross absorption of 34.8 million sq ft during the first half of 2026, registering a modest 2.4% year-on-year increase, according to Savills India. Manufacturing and third-party logistics (3PL) occupiers remained the largest demand drivers, accounting for 53% of total leasing activity, while Delhi-NCR, Pune and Mumbai emerged as the leading markets. The report also highlighted a growing preference for Grade-A industrial assets, with their share of absorption increasing to 59%. Meanwhile, fresh supply rose 27.8% year-on-year to 42.7 million sq ft, reflecting continued developer confidence despite demand growth moderating.Read more

04 Jul 2026

BatX Energies has secured INR 105 crore in a Series A funding round led by IvyCap Ventures, with participation from existing investors including Zephyr Peacock, Mankind Pharma Family Office, Excel Industries Family Office, and JITO. The company plans to use the fresh capital to expand its battery recycling and refining capacity, strengthen research and development, and build a domestic supply chain for critical battery materials. The funding will also support BatX Energies' plans to scale its operations beyond India while contributing to the country's growing circular economy.Read more

03 Jul 2026

Coal India Limited (CIL) will invest INR 1,900 crore in research and development by FY2030 to modernise mining operations, improve productivity and reduce emissions. The state-owned miner will focus on clean coal technologies, mine repurposing, rare earth mineral recovery and sustainable materials through partnerships with research institutions. The investment includes support for IIT-led projects and ongoing programmes at the National Centre for Coal and Energy Research, strengthening India's mining and industrial infrastructure.Read more

03 Jul 2026

Tamil Nadu has the potential to build an INR 37,000 crore defence electronics industry by 2040, according to a roadmap presented by the Defence Research and Development Organisation (DRDO). The projection estimates the state could capture 20–25% of India's defence electronics market, supported by its manufacturing ecosystem, defence corridor and semiconductor capabilities. The roadmap also outlines an annual export opportunity of up to INR 10,000 crore through expanded electronics, aerospace and defence manufacturing.Read more

03 Jul 2026

Adani Ports and Special Economic Zone (APSEZ) has signed a definitive agreement to sell a 49% stake in Adani Vizhinjam Port Private Limited to Terminal Investment Limited (TiL), the port operating arm of MSC Group, for INR 13,220 crore (USD 1.397 billion). The transaction values the Kerala transhipment port at USD 2.85 billion and marks the largest foreign private investment in India's port infrastructure, while supporting the port's ongoing capacity expansion.Read more

03 Jul 2026

NTPC has commissioned the final 41.6 MW phase of its 176 MW solar photovoltaic (PV) project in Ramagundam, Telangana, making the entire project commercially operational. The state-owned power producer declared the latest capacity operational with effect from June 30, following the earlier commissioning of the 100 MW and 34.4 MW phases in May. With the completion of the project, NTPC Group's total installed power generation capacity has increased to 90,899 MW, while its commercial operating capacity has reached 89,819 MW. The development further strengthens the company's renewable energy portfolio as it expands clean energy generation across India.Read more

03 Jul 2026

Adani Green Energy Ltd (AGEL) has become the first renewable energy company in India to surpass 20 GW of operational renewable energy capacity through greenfield development. The milestone, achieved within a decade of commissioning its first renewable energy project in Kamuthi, Tamil Nadu, comes after the company added 5,051 MW during FY26, the highest annual renewable capacity addition by any company outside China. AGEL's operational portfolio now includes solar, wind, hybrid and battery energy storage assets, generating more than 52 billion units of clean electricity annually. The company has also outlined plans to expand its battery storage capacity and achieve a 50 GW renewable energy portfolio by 2030.Read more

02 Jul 2026

Bharat Petroleum Corporation Ltd. (BPCL) will acquire a 40% stake in Tiki Tar and Shell India Private Ltd. (TTSIPL) for INR 85 crore to strengthen its presence in the value-added bitumen segment. The acquisition, approved by the Department of Investment and Public Asset Management (DIPAM), will enable BPCL to offer specialised bitumen products used in highways, airports and urban infrastructure projects. The company expects the partnership to support growing demand for advanced road construction materials driven by India's expanding infrastructure pipeline.Read more