Latest Project Updates
Rs.685 Million Inverter Mfg. Expansion Project in Solan, Himachal Pradesh
Executive Summary: An inverter manufacturing expansion project is underway in Malpur village, Baddi, Solan, Himachal Pradesh. The project includes increased production of inverters, UPS, stabilizers, water purifiers, transformers, PCBs, and solar products, with recent additions of lithium-ion battery assembly (16,000 Nos/Y) and testing (32,000 Nos/Y). The project involves an investment of Rs. 551.48 million and has received state pollution control consent as of January 2026.
Rs.6500 Million New Manufacturing Facility in Punjab
Executive Summary: A company plans a new manufacturing facility in Punjab with a ₹6,500 million investment to expand production of heavy forged and machined components. The project will include advanced machinery, modern infrastructure, and quality control systems to improve efficiency and standards. As of September 2025, environmental clearance has been submitted, ensuring regulatory compliance, safe operations, and sustainable industrial practices.
Rs.650 Million New Wagon Tippler Installation Project in Cuttack, Odisha
Executive Summary: A new hot rolled coils (HRC) strip manufacturing project is planned in Cuttack, Odisha. The project targets 1 million tons of HRC, costing Rs. 2500 crores. It's in the planning stage as of June 2022, with an industrial entrepreneurs' memorandum filed. Environment clearance is pending. Expansion of existing facilities and installations like a 215 MW CPP and a 1500 TPH Wagon Tippler are included. State pollution control authorities have granted consent as of May 2024.
Rs.1968 Million Solar Cell Mfg. Expansion Project in Solan, Himachal Pradesh
Executive Summary: A Solar Cell Mfg. Expansion Project is planned for Katha, Pargana – Dharampur, Baddi, Solan, Himachal Pradesh, aiming to establish 1.8 GW and 1.2 GW manufacturing facilities. Estimated at Rs. 3000 million, the project received investment from boutique equity investor ValueQuest by July 2024, enhancing solar energy capacity and supporting regional economic development.
Rs.2137 Million New Wheel Loaders Mfg. Project in Dhar, Madhya Pradesh
Executive Summary: A construction equipment manufacturer is planning to expand its manufacturing of wheel loaders, motor graders, hydraulic excavators, compactors, bulldozers, dozers, forklift, and other equipment from 2000 NOs/Annum to 3250 nos./A with an investment of Rs.140 million in Madhya Pradesh. The project received consent from state pollution control authorities in January 2018.
Rs.614 Million New Solar Panels/Modules Mfg. Project in Kathua, Jammu and Kashmir
Executive Summary: A new solar panel/module manufacturing facility in Kathua, Jammu and Kashmir, will produce 43,290 units per day. The Rs. 614.5 million project has received environmental clearance and will contribute to renewable energy growth.
Rs.3740 Million New Wind Turbine Blade Mfg. Facility in Karnataka
Executive Summary: A Rs. 3,740 million wind turbine blade manufacturing facility is planned in Karnataka, utilizing surplus land at a 12.5 million TPA steel plant in Vijayanagar. Pre-project activities are underway as of November 2024.
New CNC Profile Cutting Machine Mfg. Project in Peenya Industrial Area, Bangaluru
Executive Summary: A new CNC cutting machine manufacturing project is underway in Peenya Industrial Area, Bengaluru. The facility will produce CNC profile cutting machines, CNC plasma cutting machines, and CNC fiber laser cutting machines, with an estimated investment of ₹56.5 million. The project received approval from the State Level Single Window Clearance Committee in August 2024 and commenced in November 2024.
Rs.1087 Million Testing Tower & Factory Expansion Project in Kanchipuram, Tamil Nadu
Executive Summary: A lift manufacturing expansion project in Tamil Nadu's Sengadu for 6,000 units/year and a heavy-duty escalator line in Oragadam for 600 escalators. Announced in December 2019, showcasing commitment to industry growth.
Rs.1560 Million New CNC Lathe & Tuning Centre in Tumkur, Karnataka
Executive Summary: A new CNC lathe and turning center project is underway in Vasantha Narasapura Industrial Area, Tumkur, Karnataka. Initially delayed in 2019, it was approved by the State Land Allotment Committee in February 2024, with investment rising to Rs. 1560 million. As of October 2024, construction has commenced, focusing on advanced design and manufacturing capabilities for CNC machinery.