Latest Project Updates
Rs.6000 Million Tyre Mfg. Expansion Project in Pune, Maharashtra
Executive Summary: One of the largest tire and rubber companies in the world. It is a global leader in the development, manufacture, and sale of tires, rubber products, and other forms of mobility-related goods. Bridgestone India was established in the year 2003 and has since then been providing a wide range of tire products and services to customers in India and other countries in the region.
Rs.3060 Million New Auto Ancillary Park in Solan, Himachal Pradesh
Executive Summary: A new Auto Ancillary Park is planned in the Industrial Area of Mandyarpur, Kirpalpur, Baddi, Solan, Himachal Pradesh. The facility, with an investment of Rs. 3060 million, will manufacture auto parts and components to meet growing demand in the automotive sector. The project is expected to boost production capacity, create jobs, and support regional economic growth. It has received consent from state pollution control authorities as of November 2024.
Rs.56110 Million New Development of All-Weather Multi-Cargo Greenfield Deepwater Port Project in Uttara Kannada, Karnataka
Executive Summary: A prominent infrastructure firm plans to develop an all-weather multi-cargo deepwater port in Algeri, Ankola, Karnataka, with an estimated cost of Rs.56110 million. Construction will start in March 2025 and finish by June 2030, pending environmental clearance.
Rs.570 Million Automotive Parts Machining Project in Pune, Maharashtra
Executive Summary: A new Automotive Parts Machining Project is set to begin in Sanaswadi, Shirur, Pune, Maharashtra, with a capacity of 56,000 units per month. Estimated at Rs.570 million, the project aims to enhance automotive component manufacturing. As of November 2024, the necessary environmental approvals have been obtained from the State Pollution Control Board, ensuring compliance with regulatory standards.
Rs.2050 Million New EPS Liner Mfg. Unit in Belagavi, Karnataka
Executive Summary: A new manufacturing unit for EPS liners is being established in Ullagadi Khanapur, Hukkeri, Belagavi, Karnataka, with an estimated investment of Rs. 2050 million. The project received approval from the state Land Allotment Committee in February 2024. As of October 2024, construction has commenced, aimed at enhancing production capabilities to meet growing market demand for EPS products.
Rs.450 Million New Automotive Parts Mfg. Project in Pune, Maharashtra
Executive Summary: A leading precision engineering firm is set to establish a new manufacturing facility in Sanaswadi, Shirur, Pune, focused on machining automotive parts at a capacity of 90,000 units per month. The project, costing Rs. 450 million, is in pre-project stages.
Rs.1800 Million Scooter Manufacturing Unit Expansion Project in Chennai, Tamil Nadu
Executive Summary: A two-wheeler manufacturing unit in Tamil Nadu is set to enhance production capacity from 450,000 units per annum to 1.8 million units. Construction, initially slowed by economic factors, resumed in July 2014. As of October 2024, the project plans to expand the facility from 148,876.53 sq. m to 170,990 sq. m, with an investment of Rs. 1,800 million.
Rs.4000 Million Auto Components Mfg. Expansion Project in Punjab
Executive Summary: A leading auto components manufacturer plans to expand its Punjab facility, enhancing capacity for light and electric vehicles. The Rs. 4,000 million project will modernize the plant and has received board approval as of October 2024.
Rs.15000 Million Auto Components Mfg. Expansion Project in Kancheepuram, Tamil Nadu
Executive Summary: A Notable Company is planning to take up auto components manufacturing expansion project in Tamil Nadu. The project involves establish an expansion plant for manufacture of auto components.
Rs.167 Million Auto Parts Casting Project in Kapurthala, Punjab
Executive Summary: An auto parts casting project in Dhak Khatti Tehsil Phagwara, Kapurthala, Punjab, aims to produce 80 tons of auto parts per day. With an estimated investment of Rs. 167.1 million, the project is set to boost manufacturing capacity. As of October 2024, the project has received approval from the state pollution control authorities for establishment.