Latest Project Updates
Rs.30340 Million New Silicone Carbide Mfg. Unit in Khurdha, Odisha
Executive Summary: A new Silicon Carbide manufacturing unit is set to be established in Khurdha, Odisha, with an estimated investment of Rs. 30,340 million. As of September 2024, discussions with the Odisha government are underway to secure necessary approvals. This project aims to meet the growing demand for advanced semiconductors while boosting local employment and regional economic development.
Rs.25000 Million New Forged Wheelsets Mfg. Unit in Odisha
Executive Summary: A new Forged Wheelsets manufacturing unit is planned in Odisha, aimed at expanding rail wheel production. The capacity will increase from 20,000 to 100,000 forged wheelsets annually, responding to rising demand in the rail industry. The project is estimated to cost Rs. 25,000 million and was officially announced as of September 2024, marking a significant growth initiative.
Rs.1106 Million New Soap, Powder, Shampoo Mfg. Expansion Project in Solan, Himachal Pradesh
Executive Summary: A significant expansion project is underway in Solan, Himachal Pradesh, aimed at increasing manufacturing capacities for soap, powder, shampoo, gel, and cream. The project will boost soap production to 56,250 MTPA, powder to 6,750 MTPA, and shampoo to 2,250 MTPA. With an estimated cost of Rs. 1,106.988 million, necessary consent from state pollution control authorities has been obtained.
New Cabel and Conductor Mfg. Project in Balasore, Odisha
Executive Summary: A new cable and conductor manufacturing project is set to be established in Nayakbandha Mouza, Tahasil Bahanaga, Balasore, Odisha. The facility will produce insulated conductors, AAA conductors, AA conductors (120 MT/A each), and LT AB cables (200 MT/A). As of September 2024, consent has been obtained from state pollution control authorities for the project’s establishment.
Rs.4000 Million New Aluminium Mfg. Plant in Jaipur, Rajasthan
Executive Summary: A new aluminium manufacturing plant is set to be established in Sawarda, Jaipur, Rajasthan, covering 109,000 square meters. The facility will produce 3 GW of N-Type/TOPCON solar panels and 12,000 MT of aluminium frames annually, at a cost of Rs. 4,000 million. The groundbreaking ceremony took place in September 2024, marking the project's official start.
Rs.9000 Million New Greenfield Cable Mfg. Plant in Sanand, Gujarat
Executive Summary: A new Greenfield cable manufacturing plant is being developed in the Sanand Industrial Estate, Gujarat, on a 70-acre plot. The project, estimated to cost Rs. 9,000 million, is currently under construction as of September 2024. The facility aims to expand production capacity and meet rising demand for high-quality cables.
Lithium Ion Battery Recycling Project in Durg, Chhattisgarh
Executive Summary: A new facility for recycling lithium-ion batteries, with a capacity of 5,000 metric tons per year, is planned at Shed No. 9, Borai I.G.C., Rasmada, Durg, Chhattisgarh. The project aims to enhance environmental sustainability and meet the growing need for efficient battery recycling. As of September 2024, state pollution control authorities have approved the project.
Rs.90000 Million New Anode Plant in Karnataka
Executive Summary: A new anode plant is planned in Karnataka with a total investment of Rs. 90,000 million and an annual production capacity of 90,000 tonnes. The first phase will see Rs. 40,000 million invested to build a 30,000-tonne facility by Q4 2026, with scaling expected by 2031. Groundbreaking is anticipated within six to eight months as of September 2024.
New Leather Product Mfg. Project in Kantatala, West Bengal
Executive Summary: A new leather manufacturing facility is planned in West Bengal to produce 6,000 gents' wallets and 2,000 ladies' bags daily, catering to domestic and international markets. The Rs. 61.611 million project is in the pre-project phase as of September 2024. It will boost production capacity, create jobs, and support the company’s long-term growth in the leather industry.
Rs.560 Million New PP Woven Sacks Mfg. Project in Paschim Bardhaman, West Bengal
Executive Summary: A new polymer manufacturing facility is planned in West Bengal, focusing on diverse products, including 300 metric tonnes per month of PP Woven Sacks, 63.17 MTPM of PP Scrap, and various masterbatches. The Rs. 560.3 million project is in the pre-project phase as of September 2024. It aims to enhance production capacity, create jobs, and support local suppliers.