Latest Project Updates
Rs.265 Million Paper and Paper Products Mfg. Expansion Project in Dewas, Madhya Pradesh
Executive Summary: A paper and paper products manufacturing expansion project is slated for Dewas, Madhya Pradesh, by an undisclosed company. The project includes producing various paper products with a 30,000 MT/year capacity and an estimated cost of 265.8 million. As of October 2023, it has secured approval from state pollution control authorities for project establishment.
New Formulation Products Mfg. Project in Sehore, Madhya Pradesh
Executive Summary: A research center is launching a formulation product manufacturing project in Budhni, Madhya Pradesh, including injectables, capsules, and tablets. The project's estimated cost is Rs. 25 million, and it has received approval from state pollution control authorities in October 2023.
Rs.1500 Million New Agricultural Tractors Mfg. Plant in Dewas, Madhya Pradesh
Executive Summary: A new agricultural tractor manufacturing plant is set to be established in Khatamba, Madhya Pradesh. This expansion project will increase tractor production to 100,000 units/year and aggregates to 200,000 units/year at an estimated cost of Rs. 1,500 million. As of October 2023, the project has received approval from state pollution control authorities.
New Loft Tank, Milk Can, Drums Mfg. Project in Indore, Madhya Pradesh
Executive Summary: A manufacturing project in Indore, Madhya Pradesh, focused on loft tanks, milk cans, drums, and plastic goods. The project aims to produce 7,500 kgs/year of loft tanks, 1,034,500 nos/year of tanks, milk cans, drums, and other plastic products, along with 59,600 nos/year of water storage tanks. The estimated project cost is Rs. 67.753 million, and it has received approval from state pollution control authorities as of October 2023.
Rs.115000 Million New Pumped Storage Project in Neemuch, Madhya Pradesh
Executive Summary: A major pumped storage project is underway in Gandhisagar, Madhya Pradesh, by Greenko Group. It aims to establish the largest facility of its kind, with a capacity of 1,440 MW and 7.5 hours of energy storage. The project's estimated cost is Rs. 115,000 million. It will be expanded to 1,920 MW with 6 hours of storage, providing nearly 11 GWh daily. The project is set for completion in 30 months, ahead of the 36-month allocation. As of October 2023, the foundation stone has been laid.
Rs.11105 Million New Multi-Modal Logistic Park in Pithampur, Madhya Pradesh
Executive Summary: A Multi-Modal Logistic Park spanning 112 hectares is slated for development in Pithampur Industrial Area, Madhya Pradesh. Estimated at Rs. 11105.8 million, the state government will provide the necessary land, while infrastructure and construction will be managed by a ministry-appointed agency, as of October 2023. This initiative promises to significantly enhance logistical capabilities in the region.
Rs.494 Million New Mini Steel Plant in Mandsaur, Madhya Pradesh
Executive Summary: A new mini steel plant is underway in Saryakhera, Madhya Pradesh, with a capacity of 100,000 Metric Tons for Billets and 90,000 Metric Tons for TMT Bars. Estimated at Rs. 494.8 million, construction starts in October 2023 and concludes in June 2024. The project is in the process of obtaining environmental clearance from the State Level Environment Impact Assessment Authority as of September 2023.
New Hotel Rooms Unit in Sehore, Madhya Pradesh
Executive Summary: A hotel expansion project in Gram Alahadakhedi, Madhya Pradesh. The plan includes 68 hotel rooms, a restaurant with an 80-person seating capacity, and a 500 KVA DG set for electricity generation. The project is budgeted at Rs. 87.5 million and has secured approval from state pollution control authorities as of September 2023.
Rs.270 Million New IMFL Bottling Mfg. Project in Khargone, Madhya Pradesh
Executive Summary: An IMFL bottling manufacturing unit project in Gram Khodi, Badwaha, Khargone, Madhya Pradesh, with a capacity of 50 lakh cases per year. The project is expected to cost Rs.270 million and has gained approval from state pollution control authorities as of September 2023.
Rs.1050 Million Water Based Paint Mfg. Expansion Project in Bhind, Madhya Pradesh
Executive Summary: A water-based paint manufacturing project is in the pipeline in Industrial Area Ghirongi, Malanpur, Gohad, Bhind, Madhya Pradesh. The project will have a capacity of 150,000 KLPA for water-based paint and 5166 MTPA for decorative power paint. The estimated cost of the project is Rs.1050.8 million, and it has obtained approval from state pollution control authorities as of September 2023.