14 Jun 2026

• Tiruchirappalli is set to get its second SIPCOT industrial park with a new industrial estate planned at Thiruverumbur.
• The project is expected to attract engineering and manufacturing investments while generating employment opportunities in the region.
• SIPCOT has begun investor outreach and notified the industrial park as part of Tamil Nadu’s industrial expansion strategy.
• The development will strengthen Trichy’s position as a key engineering and manufacturing hub in the state.
• Improved infrastructure and connectivity are expected to support industrial growth and future investments.Read more

14 Jun 2026

Samsung Electronics is reportedly considering setting up an advanced semiconductor packaging facility in Gwangju, South Korea, as demand for AI-related chips continues to grow. The proposed investment is expected to be discussed at an upcoming meeting between South Korea’s president and the heads of major business groups. The development comes as advanced chip packaging becomes increasingly important for AI applications, particularly high-bandwidth memory (HBM) chips. Separately, SK Hynix is also evaluating a new packaging facility in the country’s southwestern region, highlighting growing investment interest in semiconductor infrastructure linked to the expanding AI ecosystem.Read more

14 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) highlighted the role of textile waste recycling in promoting environmental sustainability and women's empowerment during a World Environment Day programme held at the Textile Recovery Facility (TRF) in CBD Belapur. The facility, established through a partnership involving the Ministry of Textiles' Textile Committee, NMMC, Tisser Artisan Trust, IDH and SBI Foundation, focuses on recycling discarded textiles into usable products while creating livelihood opportunities for women. Municipal Commissioner Dr Kailas Shinde said the initiative demonstrates how circular economy practices can help address fabric waste, develop new skills among women and generate employment. The event also brought together government officials, industry representatives and self-help groups to discuss sustainable livelihood opportunities linked to textile recycling.Read more

13 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) has undertaken a city-wide awareness campaign to educate residents, housing societies and institutions about the Solid Waste Management Rules 2026, which came into effect on 1 April 2026. As part of activities organised around World Environment Day, civic teams conducted outreach programmes between 5 and 11 June across residential societies and colonies in all eight ward office jurisdictions. The campaign focused on waste segregation at source, mandatory disposal practices and compliance requirements under the new regulations. Officials also highlighted the obligation for bulk waste generators producing more than 100 kg of waste per day to establish on-site waste processing facilities. The initiative forms part of NMMC's efforts to improve waste management practices and strengthen citizen participation in environmental sustainability programmes across the city.Read more

13 Jun 2026

• AM/NS India and IIT Roorkee have signed a strategic Memorandum of Understanding (MoU) to strengthen collaboration in steel technology, advanced manufacturing, research and innovation.
• The partnership will focus on joint research projects, industry-academia knowledge exchange, skill development programmes and technology-led solutions for the steel sector.
• Both institutions aim to accelerate innovation, support future-ready talent development and contribute to the advancement of sustainable and high-performance manufacturing technologies in India.Read more

12 Jun 2026

• NDR Group plans to invest more than INR 2,000 crore to expand its warehousing and industrial parks portfolio over the coming years.
• The investment will focus on developing modern logistics infrastructure across key consumption and manufacturing hubs.
• The company aims to strengthen its presence amid rising demand from e-commerce, manufacturing and third-party logistics players.
• The expansion reflects the growing importance of Grade-A warehousing and integrated industrial ecosystems in India's supply chain network.Read more

12 Jun 2026

Sime Darby Property has launched a Shariah-compliant investment fund worth 1.25 billion ringgit (USD 307.7 million) to support the development and leasing of data centres, industrial facilities and logistics assets in Malaysia. The New Economy Venture fund achieved full capital commitments at its first close, backed by major institutional investors. The five-year fund has already secured two seed assets located in Elmina Business Park and the City of Elmina, representing about 85% of its target size. Construction has commenced on both projects, with completion scheduled for the second half of 2027.Read more

12 Jun 2026

• The Delhi government has initiated an INR 75 crore road and drainage redevelopment project for the Wazirpur Industrial Area.
• The initiative aims to improve internal roads, strengthen drainage infrastructure, and address long-standing waterlogging issues.
• Better civic infrastructure is expected to enhance industrial operations and ease transportation within the manufacturing hub.
• The project forms part of the government's broader effort to upgrade key industrial clusters across the national capital.Read more

11 Jun 2026

Third-party logistics provider Emiza has launched a 120,000 sq ft warehouse facility in Farrukhnagar, Haryana, aimed at supporting rising demand from the e-commerce and retail sectors across northern India. The facility, which has a pallet capacity of 15,000, 23 loading docks and the ability to process up to 800,000 orders per month, will function as a dedicated returns-processing centre for partner brands. The new warehouse is Emiza’s sixth facility in the Delhi-NCR region and expands its nationwide warehousing network to more than 11 cities across 11 states. The company said the project will enhance supply chain efficiency, strengthen last-mile delivery capabilities and generate over 500 jobs in the region.Read more

11 Jun 2026

Alterra IOS has secured a USD 244 million loan from Blackstone Real Estate Debt Strategies to support the continued growth of its industrial outdoor storage (IOS) platform across the United States. The financing is expected to help the company strengthen its portfolio and pursue expansion opportunities in a sector that has witnessed rising investor interest due to increasing demand from logistics, transportation, construction and equipment-related businesses. The deal highlights the growing role of institutional capital in the industrial outdoor storage segment, which has emerged as a specialised asset class within the broader industrial real estate market.Read more

11 Jun 2026

Two contract workers lost their lives and another was hospitalised after a carbon dioxide (CO2) gas leak occurred during the annual maintenance of fire extinguishers at Schaeffler India Ltd’s manufacturing facility in Talegaon MIDC, Pune district, on June 10. The incident took place while personnel from a private contractor were servicing fire extinguishers at the plant. Three contractor employees and two company staff members were involved in the maintenance activity when gas leaked from a fire extinguisher cylinder. Police have registered an Accidental Death Report (ADR) and launched an investigation into the circumstances surrounding the incident. Schaeffler India operates the Talegaon facility, which manufactures a range of automotive components and bearing products.Read more

11 Jun 2026

The Delhi government has initiated a revenue audit of concessionaires operating in the Narela and Bawana industrial areas, covering the period from 2011-12 to 2025-26. The exercise will examine financial records, revenue collections, escrow account transactions and payments made under the public-private partnership model implemented by the Delhi State Industrial Infrastructure Development Corporation (DSIIDC). Auditors will assess whether any deviations, irregularities, excess recoveries, revenue suppression or fund diversions occurred during the redevelopment, operation and maintenance of industrial infrastructure. The review is expected to quantify any financial impact and identify recoverable amounts, providing a detailed assessment of the long-running PPP arrangements in two of Delhi’s key industrial clusters.Read more

10 Jun 2026

• The Great Nicobar Project aims to develop the island into a strategic maritime and economic hub near the East–West international shipping route while strengthening India's security presence in the Indo-Pacific region.
• The project includes a transshipment terminal, international airport, township and hybrid gas-solar power plant to support long-term regional development.
• Authorities have emphasised environmental safeguards, including 42 clearance conditions, phased implementation and compensatory afforestation measures.
• The government has stated that no displacement of Shompen and Nicobarese communities is proposed, with tribal welfare and ecological protection integrated into project planning.Read more

09 Jun 2026

Kolkata-based PPE manufacturer Mallcom India Ltd has invested more than INR 100 crore in a new manufacturing facility at Sanand, Gujarat, as part of its efforts to expand domestic production, increase localisation and reduce reliance on imports. The facility, which is the company’s 17th manufacturing unit, currently employs over 200 people and is expected to create more than 300 jobs by next year. The plant manufactures NBR and PU gloves, safety helmets and bump caps, and houses what the company describes as India’s first domestic tariff area unit for Protech PU gloves. The investment forms part of Mallcom’s broader strategy to strengthen its manufacturing footprint and support product innovation within the personal protective equipment sector.Read more

08 Jun 2026

Evonith Steel has completed the acquisition of Indrajit Power Pvt Ltd (IPPL) in Maharashtra through the Insolvency and Bankruptcy Code (IBC) process for INR 232 crore. The acquisition includes an 85 MW thermal power asset located next to the company’s steel manufacturing facility in Wardha. The transaction follows approval from the National Company Law Tribunal (NCLT) earlier this year, where Evonith Steel was selected as the successful resolution applicant. The move is expected to strengthen the company’s captive power availability and support the operational requirements of its 1.4 million tonne steel plant.Read more

08 Jun 2026

Hindustan Construction Company (HCC) has secured a contract worth INR 127 crore from Wangchhu Hydroelectric Power Ltd (WHPL), Bhutan, for diversion and enabling works associated with the Wangchhu Hydroelectric Project. The contract covers the construction of diversion tunnels, hydromechanical gates and cofferdams and is scheduled for completion within nine months. The works are intended to facilitate the commencement of the project's main civil construction activities and support adherence to the overall implementation schedule. The award comes as Bhutan accelerates hydropower development under its 13th Five-Year Plan (2024–29), which targets 6,000 MW of installed generation capacity through continued investment in large hydroelectric projects. HCC has maintained a presence in Bhutan's hydropower sector for more than three decades through several major projects.Read more

08 Jun 2026

The Telangana government has inaugurated a new biologics manufacturing facility developed by Theranym Biologics in Sangareddy district with an investment of INR 1,200 crore. Located at Borpatla village, the facility is expected to generate employment for more than 1,500 local youths and strengthen the state's position in the life sciences sector. The plant will manufacture medicines used in the treatment of cancer and other life-threatening diseases, with products targeted for export to international markets, including the United States. State ministers D Sridhar Babu and Damodar Rajanarasimha attended the inauguration ceremony. The project adds to Telangana’s growing pharmaceutical and biotechnology ecosystem and is expected to enhance the global standing of products manufactured in the state.Read more

07 Jun 2026

South Korea’s Korea Electric Power Corporation (KEPCO) has secured a contract for the second phase of the cogeneration power plant at Saudi Aramco’s Jafurah project in Saudi Arabia, strengthening its presence in the kingdom’s energy infrastructure sector. The company expects to generate approximately KRW 2.1 trillion (USD 1.4 billion) in revenue from the project. The facility will have a power generation capacity of 331 MW and produce around 465 metric tonnes of steam per hour. Construction is scheduled for completion by June 2029, after which the plant will supply electricity and steam for 17 years. The project expands on the first phase of the Jafurah cogeneration development, which KEPCO secured through an international tender in 2022.Read more

07 Jun 2026

Sattva Group, in partnership with Knowledge Realty Trust and rePurpose Global, has advanced the Karnataka Zero Waste Initiative with a field visit across key waste management and coastal restoration sites in Dakshina Kannada. Launched on Earth Day 2026, the three-year programme aims to recover between 3.5 million and 4.5 million kilograms of waste, integrate 80,000 households into formal waste management systems and reduce plastic leakage across 50 coastal villages. During the visit, representatives reviewed operations at Someshwara Beach, Kadeshwalya village, Pachanady and the Bantwal Material Recovery Facility. The initiative has already recovered more than 1.5 lakh kilograms of dry waste and processed over 50,000 kilograms of low-value plastic, while supporting waste workers and strengthening local waste management infrastructure.Read more

07 Jun 2026

• HTL International has outlined a series of sustainability initiatives across its furniture and sleep product businesses, focusing on material innovation, responsible sourcing and environmentally conscious manufacturing.
• The company has introduced upholstery fabrics made from recycled PET bottles, with each metre of fabric incorporating up to 37 recycled plastic bottles.
• Sustainable materials, certified fabrics and environmentally managed production processes are being deployed across its brands, including Fabbrica, Domicil and Corium.
• HTL has also strengthened traceability and environmental standards across its leather sourcing and tanning operations.
• The company said growing consumer awareness around sustainable living is driving demand for products that balance environmental responsibility with performance and design.Read more