Latest Project Updates
Rs.4163 Million Aluminium Casting Plant Expansion Project in Bharuch, Gujarat
Executive Summary: An aluminium casting plant in the GIDC - Jhagadia Industrial Estate, Bharuch, Gujarat, is set for expansion to produce 75,996 tons per annum (TPA) of Ferrous Castings and 12,000 TPA of Aluminium Castings. The Rs. 4,163.1 million project is expected to begin construction in January 2025 and finish by May 2025, pending environmental clearance.
Rs.2503 Million Auto Components Mfg. Expansion Project in Telangana
Executive Summary: An auto components manufacturing expansion project is planned in Gagillapur, Telangana, aimed at significantly increasing production capacity. This includes 316,000 molded case circuit breakers, 400,000 auxiliary contact blocks, and 48,602 circuit breakers rated up to 1,000 volts annually. Estimated at Rs. 2,503.772 million, the project has received consent from state pollution control authorities as of October 2024.
New Alloy Wheels Mfg. Unit in Chhatrapati Sambhajinagar, Maharashtra
Executive Summary: A new alloy wheels manufacturing facility for two-wheelers is planned in Aurangabad Industrial City, Bidkin, Chhatrapati Sambhajinagar, Maharashtra, on a 30-acre land parcel. Production is expected to start in the second quarter of FY 2025-26. As of October 2024, capital expenditure for the greenfield project has been approved, signaling the company's expansion in manufacturing capabilities.
Rs.90 Million New Cycles Mfg. Project in Kharagpur, West Benga
Executive Summary: A prominent bicycle manufacturer plans to expand with a new facility in Vidyasagar Industrial Park, West Bengal, focusing on producing 500 cycles per day. The project, with an estimated investment of Rs. 90 million, aims to enhance production efficiency, incorporate advanced technology, and promote eco-friendly transportation. Pre-project activities, including site preparation, are underway as of October 2024.
Rs.90000 Million New Green Vehicle Production Facility in Ranipet, Tamil Nadu
Executive Summary: A new Green Vehicle Production Facility is planned in Panapakkam, Ranipet, Tamil Nadu, focusing on manufacturing eco-friendly cars and SUVs. With an investment of ₹90,000 million, the facility will meet global sustainability standards. The project has received approval from the Tamil Nadu Cabinet and is set to play a key role in advancing India’s automotive sector.
Rs.5640 Million New Passenger Car Tyre Mfg. Facility in Chennai, Tamil Nadu
Executive Summary: A new passenger car tyre manufacturing facility is being established in Chennai, Tamil Nadu, with an estimated cost of Rs. 5,640 million. This project aims to enhance production capabilities, meet growing demand, and contribute to local employment and economic growth. As of September 2024, the foundation stone has been laid, marking a key milestone in the expansion strategy.
Rs.1200 Million New Automotive Switches Mfg. Unit in Gurugram, Haryana
Executive Summary: A new manufacturing unit for automotive switches is planned in Farrukhnagar, Gurugram, Haryana, with an estimated investment of Rs. 1,200 million. The project aims to enhance local production capacity to meet growing automotive industry demands. As of September 2024, pre-project activities, including site assessments and planning, are currently underway, supporting the expansion of the automotive sector in India.
Rs.2524 Million New Auto Components Mfg. Plant in Sonipat, Haryana
Executive Summary: A new auto components manufacturing plant is being established in Kharkhoda, Sonipat, Haryana, covering over 6.7 acres in the Industrial Model Township. With an estimated cost of Rs. 2,524.315 million, the facility will focus on producing sheet metal parts, including Body-in-White components. Construction is set to begin in December 2024 and conclude by May 2025, pending environmental clearance.
Electrical Appliances Mfg. Project in Solan, Himachal Pradesh
Executive Summary: A new facility is set to launch in the HPSIDC Industrial Area of Baddi, Himachal Pradesh, with plans to produce 1.5 million electrical irons, 1.2 million ceiling fans, 6 million various fans, 700,000 heaters, 600,000 sandwich makers, and 400,000 steam irons annually. The ₹98 million project is currently in the pre-project phase and aims to boost production capacity and regional economic growth.
Rs.180000 Million New Manufacturing Facility in Gurugram, Haryana
Executive Summary: A new manufacturing plant is being planned in Gurugram, Haryana, with an investment of ₹180,000 million. The facility will have a production capacity of 750,000 to 1 million units per annum and cover 2,176,200 sqm (537.75 acres). Construction is set to begin in January 2025 and end by March 2028. The project is under review for environmental clearance.