Latest Project Updates
Rs.4400 Million Commercial Vehicle Mfg. Expansion Unit in Bhopal, Madhya Pradesh
Executive Summary: A commercial vehicle manufacturer is planning an expansion project in Bhojpur Road, Madhya Pradesh, India. The project aims to increase the capacity of commercial vehicles, painted cabins, and commercial engines by 65,000 Nos, 65,000 Nos, and 90,000 Nos, respectively, and generate electricity through DG Set of 4680 KVA. The estimated cost of the project is Rs.4400 million, and as of May 2023, the company has received consent from the state pollution control authorities to establish the project.
Rs.8000 Million New Electric Vehicle Mfg. Facility in Rajasthan
Executive Summary: A new electric vehicle manufacturing facility is planned in Rajasthan, with a production capacity of 1 million units. The project is expected to cost Rs. 8000 million, and pre-project activities are currently ongoing. The facility will generate job opportunities and expand the production capacity of electric vehicles in the region.
Rs.3500 Million New Freight Car Mfg. Unit in West Bengal
Executive Summary: A company is forming a 50:50 JV with Nymburk to establish a freight car manufacturing unit in Kolkata, West Bengal. The project will involve the manufacturing of freight cars and various railway components, and is expected to cost Rs. 3500 million. Production is planned to commence in early 2024.
Rs.506 Million Automotive Components & Fastners Mfg. Expansion Unit in Seraikela Kharsawan, Jharkhand
Executive Summary: A manufacturing company is planning to expand its production capacity by setting up a new unit in Jharkhand. The unit will specialize in the production of automotive components and fasteners with a capacity of 20,100 metric tons per annum. The estimated cost of the project is Rs. 506.312 million, and the company has obtained necessary pollution control approvals as of April 2023. The project is expected to create job opportunities and contribute to the economic growth of the region.
Rs.5290 Million Gears Mfg. Expansion Project in Pune, Maharashtra
Executive Summary: A gears manufacturing expansion project is planned in Pune, Maharashtra. The project involves expanding the plant's capacity from 11.8 million gears to 20.1 million gears by financial year 2025. The new plant can manufacture gears for EV and Non-EV applications and serve customers globally. The estimated project cost is Rs. 5290 million, and as of April 2023, the state pollution control authorities have granted consent for the project.
Rs.146 Million New Carpet & Interior Soft Trims Mfg. Unit in Seraikela Kharsawan, Jharkhand
Executive Summary: A new carpet and interior soft trims manufacturing unit is planned to be established in Ramgarh, Jharkhand, with a manufacturing capacity of 229.6 MT/Month for carpet & interior soft trims and 449.2 MT/Month for headliner. The estimated cost of the project is Rs.146.811 million. As of April 2023, the state pollution control authorities have granted consent for the project, indicating adherence to environmental regulations. The project is expected to create employment opportunities and contribute to the development of the industrial sector in Jharkhand.
Rs.100 Million New Wiring Harness Products Mfg. Project in Aurangabad, Maharashtra
Executive Summary: A company is investing Rs. 100 million to set up a new wiring harness products manufacturing unit in AURIC, Aurangabad, Maharashtra, India, for the automotive industry. AURIC has secured the project from the company, as of April 2023
New Scaffolding & Auto Parts Forging Project in Ludhiana, Punjab
Executive Summary: A scaffolding and auto parts forging project with a capacity of 12 tons per day is planned in Ludhiana, Punjab, with an estimated cost of Rs. 50.5 million. As of April 2023, the project has received consent from state pollution control authorities, indicating progress towards the company's goals. The project aims to meet the growing demand for scaffolding and auto parts and create job opportunities for locals. The company prioritizes quality, efficiency, and sustainability while ensuring that operations do not negatively impact the environment.
Rs.4326 Million Vehicle Spare Parts Expansion Project in Dhar, Madhya Pradesh
Executive Summary: A leading commercial vehicle manufacturer plans to expand its spare parts production in Pithampur, Madhya Pradesh. The Rs.4326 million project includes bus body and E-vehicle chassis production of 16,000 units/year, and electricity generation by 5 DG sets of 600 KVA each. The state pollution control authorities have granted approval for the project in April 2023.
Rs.702 Million New Jointing Mortar, Tile Adhesive, Plaster Mfg. Project in Rangareddy, Telangana
Executive Summary: A construction chemicals company has received consent from state pollution control authorities to establish a new manufacturing plant in Kothur, Telangana. The plant will produce jointing mortar, tile adhesive, and plaster, as well as admixtures, sealants, and trading goods. The project will cost Rs.702 million and aims to provide innovative solutions and boost the production of essential construction materials.