Latest Project Updates
Rs.619 Million New Industrial & Automotive Paints Mfg. Project in Thane, Maharashtra
Executive Summary: An industrial & automotive paints project in Thane, Maharashtra, at Lodha Industrial and Logistic Park-1, Usatane. The project includes manufacturing industrial & automotive paints, hardener, thinner, lacquer, and primer with a capacity of 250,000 Kg/M. The estimated project cost is Rs.619.968 million, and as of November 2023, the company has secured consent from state pollution control authorities for project establishment.
Rs.650 Million New Forged Components Mfg. Expansion Project in Pune, Maharashtra
Executive Summary: A Pune-based company plans to expand its forged components manufacturing in Velu, Bhor, Maharashtra, increasing capacity to 425 MT/M. The estimated project cost is Rs.650 million, and as of November 2023, the company has obtained consent from state pollution control authorities for project establishment.
Rs.133 Million New Rubber Insulators & Mounts and Rubber Hose Mfg. Expansion Project in Pune, Maharashtra
Executive Summary: A rubber insulators & mounts and rubber hose manufacturing in Pune, Maharashtra, with a capacity increase to 50,000,000 Nos. The estimated project cost is Rs.133.626 million. As of November 2023, the company has secured consent from state pollution control authorities for establishing the project.
New Plasticizer Mfg. Expansion Project in Raigad, Maharashtra
Executive Summary: A synthetic organic chemical manufacturing project in Raigad, Maharashtra. The initial phase involves plasticizer production at 64,000 MTPA, with an estimated cost of Rs.800 million. In March 2022, an expansion was initiated, increasing capacities for various chemicals. The project, which began construction in June 2023 and ends in June 2024, awaits environmental clearance from the Ministry of Environment, Forest and Climate Change, with an investment of Rs.97.726 Million for further synthetic organic chemical capacity expansion.
Rs.92.96 Million Iron Ore Beneficiation Project in Gadchiroli, Maharashtra
Executive Summary: A new iron ore beneficiation project in Gadchiroli, Maharashtra, with a capacity of 1,500,000 MT/Day and a 300 TPH screen plant (3 Ton/hr). The project, costing Rs.92.96 million, has received consent from state pollution control authorities for establishment as of November 2023.
Special Purpose Machinery Mfg. Expansion Project in Palghar, Maharashtra
Executive Summary: A special purpose machinery manufacturing expansion in Ambhai, Maharashtra, involving the production increase of fire extinguisher materials like ABC powder and aqueous film-forming foam. Estimated at Rs.98 million, the project has obtained approval from state pollution control authorities as of November 2023.
Rs.170 Million Ball Pens/ Markers and Parts of Ball Pens Mfg. Expansion Project in Nashik, Maharashtra
Executive Summary: A manufacturing expansion in MIDC, Nashik, focusing on ball pens, markers, and ball pen parts. The project, costing Rs.170.7 million, aims to produce 10,000,000 ball pens and 2,000,000 markers and parts per month. Approval from state pollution control authorities was obtained as of November 2023 for project establishment.
Rs.4500 Million New Data Center Construction Project in Mumbai Suburban, Maharashtra
Executive Summary: A major data center construction project is underway in Village Marol, Greater Mumbai, Mumbai Suburban, Maharashtra, costing Rs. 4,500 million and spanning 48,032.23 sqm. Initiated in December 2023 and concluding in December 2027, the project awaits environmental clearance from the State Level Environment Impact Assessment Authority, underscoring a commitment to responsible development and contributing to the region's technological growth.
Rs.1500 Million New Chemical Products Mfg. Expansion Project in Raigad, Maharashtra
Executive Summary: A chemical manufacturing expansion project in MIDC Dhatav, Roha, Raigad, Maharashtra, is underway, featuring increased capacities for SND-27 (ODB-2), para amino phenol, MMDPA, pergafast, and para phenylenediamine. With an estimated cost of Rs.1500 million, the project has received approval from state pollution control authorities as of November 2023, signaling a strategic move to meet market demands and strengthen the company's position in the industry.
Rs.905 Million New Air Cleaner Assembly Mfg. Project in Pune, Maharashtra
Executive Summary: In Daund, Pune, Maharashtra, a company is initiating a significant air cleaner assembly project, investing Rs. 905.235 million. With monthly manufacturing capacities of 120,000 air cleaner assemblies, 180,000 cartridge filters, and 50,000 spin-on filters, the venture has received environmental consent as of November 2023. This strategic move positions the company as a major player in the automotive component manufacturing sector, contributing to regional economic development and industry advancement.