Latest Project Updates
Rs.898 Million Gears Mfg. Expansion Project in Solan, Himachal Pradesh
Executive Summary: Milestone Gears is expanding its manufacturing operations in Barotiwala, Baddi, Solan, Himachal Pradesh to produce 10.50 lakhs gears, shafts and assemblies per annum with an estimated cost of Rs. 898.669 million. The project was approved by the State Single Window Clearance & Monitoring Authority in March 2022, and work commenced in May 2022.
Rs.1210 Million Pharma Product Mfg. Expansion Project in Bharuch, Gujarat
Executive Summary: Solrex Pharmaceutical Company is expanding its pharma product manufacturing capacity by undertaking a project to produce various products, including Volini gel, Moisturex, Lulifin, Volitra, Chericof, Lactihep, Zanocin, and Levipil. The estimated cost of the project is Rs.1210.463 million, and it has been approved by the State Single Window Clearance & Monitoring Authority in March 2022. The project has started in May 2022 and is expected to help Solrex Pharmaceutical Company to enhance its production capabilities, meet the rising demand for its products, and strengthen its position in the pharmaceutical industry.
Rs.6143 Million Spandex Yarn Expansion Mfg. Project in Solan, Himachal Pradesh
Executive Summary: A spandex yarn manufacturing project with a capacity of 28500 MT per annum is being undertaken in Lodhimajra, Baddi, Solan, Himachal Pradesh at an estimated cost of Rs.6143 million. The proposal has been approved by the State Single Window Clearance & Monitoring Authority in March 2022 and the project work has commenced as of April 2022.
Rs.175 Million New Sanitary Pad Mfg. Project in Sirmour, Himachal Pradesh
Executive Summary: A company is planning to start a sanitary pad manufacturing project in Sirmour, Himachal Pradesh. The project involves producing 120.96 crore sanitary pads, 2.4 crore N-95 masks and 60,000 medical instruments. The estimated cost of the project has not been disclosed. The proposal was approved by the State Single Window Clearance & Monitoring Authority in March 2022 and the project work has already started as of April 2022.
Rs.400 Million New Folding Cartons Mfg. Project in Solan, Himachal Pradesh
Executive Summary: A new project for manufacturing folding cartons, corrugated boxes and cartons, and leaflets has been approved by the State Single Window Clearance & Monitoring Authority in Kirpalpur, Nalagarh, Solan, Himachal Pradesh. The project is estimated to cost Rs.400 million, and as of April 2022, the project work has begun.
Rs.415 Million New Indian Cotton Yarn Mfg. Project in Bharuch, Gujarat
Executive Summary: A new cotton yarn manufacturing project is underway in Manjholi, Himachal Pradesh. The project aims to produce 2500 tonnes of Indian cotton yarn per annum with an estimated cost of Rs.415.839 million. The project has received approval from the State Single Window Clearance & Monitoring Authority and has already commenced work. It is expected to create employment opportunities and contribute to the economic growth of the region.
Rs.638 Million Bulk Drugs & Intermediates Mfg. Expansion Project in Solan, Himachal Pradesh
Executive Summary: A bulk drugs and intermediates manufacturing expansion project has been approved by the State Single Window Clearance & Monitoring Authority. The project involves increasing the manufacturing capacity from 276 tonnes to 526 tonnes in Himachal Pradesh, at an estimated cost of Rs. 638.653 million. Project work has already commenced.
Rs.6879 Million New Dhaulasidh Hydro Electric Project in Hamirpur, Himachal Pradesh
Executive Summary: A company has received consent from pollution control authorities to establish a hydro electric power plant in Himachal Pradesh. The 66 MW Dhaulasidh REP project is estimated to cost Rs.6879 million, and the company has achieved financial closure with a loan agreement amounting to Rs.4940 million from Himachal Pradesh State Co-Operative Bank.
Rs.69463 Million New Renukaji Dam Project in Sirmaur, Himachal Pradesh
Executive Summary: The government of a state in India is planning a new infrastructure project to build a 40 MW dam to provide clean and renewable energy to the region. The estimated cost of the project is Rs.69463.6 million and the necessary environment clearance process is underway. The government is dedicated to providing quality infrastructure and services to its citizens.
Rs.118 Million New HDPE pet Bottles Mfg. Project in Sirmaur, Himachal Pradesh
Executive Summary: A company plans to start a new HDPE pet bottles manufacturing project in Himachal Pradesh, including the production of HDPE pet bottles and caps. The project is estimated to cost Rs. 118.413 million and has received approval from state pollution control authorities.