Latest Project Updates
Rs.6230 Million New Export-Oriented Unit in Krishnagiri, Tamil Nau
Executive Summary: A new Export-Oriented Unit (EOU) is planned in SIPCOT SEZ, Krishnagiri, Tamil Nadu, for the production and export of pharmaceutical products. With an estimated cost of Rs. 6,230 million, the project aims to enhance global presence. As of January 2025, approval has been granted by the MEPZ SEZ Unit Approval Committee (UAC), advancing the project's development.
New Mfg. Of Corrugated Box Project in Muzaffarpur, Bihar
Executive Summary: A new manufacturing unit for corrugated boxes is planned in Salahpur, Muzaffarpur, Bihar. The facility will produce 3 MTPD of corrugated boxes, with an estimated cost of Rs. 73.898 million. As of January 2025, the project proposal is under review by the State Investment Promotion Board (SIPB) for necessary approvals, marking progress toward execution.
Rs.3400 Million New Tissue Paper Mfg. Unit in Tamil Nadu
Executive Summary: A new tissue paper manufacturing unit is planned in Tamil Nadu, featuring a 100 TPD tissue paper machine with supporting systems. With an estimated investment of Rs. 3400 million, the facility aims to enhance production capacity. The project is expected to commence operations by March 2026 and was officially announced in January 2025.
Rs.1500 Million Steam and Power Systems Modernisation Project in Karur, Tamil Nadu
Executive Summary: A company is planning a Steam and Power Systems Modernisation Project in Kagithapuram, Tamil Nadu. The project includes replacing existing boilers with high-pressure units and adding a turbo generator. Phase-I will install one boiler, funded with debt, and is set to be operational by March 2026. The total project cost is Rs. 1500 million.
Rs.78330 Million New Mobile Mfg. Unit in Bengaluru, Karnataka
Executive Summary: A major technology company is launching a mobile manufacturing unit in Bengaluru, Karnataka, with a build-up area of 860945.82 Sqm. The project, estimated at Rs.78330 million, begins construction in May 2024, concluding in April 2025. As of May 2024, the project awaits environmental clearance from the Ministry of Environment, Forest and Climate Change of India.
Rs.23 Million New Plastic Rods Mfg. Project in Yadadri-Bhuvanagiri, Telangana
Executive Summary: A new facility is planned in Industrial Park Dandumalkapur, Telangana, to produce Fiber Reinforced Plastic (FRP) Rods (44 TPM). The Rs. 23.3M project aims to meet rising demand, with pre-project activities underway as of January 2025.
Rs.43 Million New Mfg. of PSC/PCC Poles unit in Begusarai, Bihar
Executive Summary: A new manufacturing unit for PSC and PCC poles is planned at the Industrial Growth Centre in Begusarai, Bihar. The project aims to produce 63,000 units annually to support infrastructure and electrification projects. With an investment of Rs. 43.17 million, the proposal has been submitted to the State Investment Promotion Board (SIPB) for necessary approvals as of January 2025.
Rs.810 Million New Aluminum Foils Mfg Project in Kathua, Jammu and Kashmir
Executive Summary: A new pharmaceutical packaging facility is planned in Mearth, Kathua, J&K, to produce aluminum foils (15M kg/year), blister foils (2.25M kg/year), and strip foils (2.7M kg/year). With an investment of Rs. 810M, pre-project work is underway as of January 2025.
Rs.154 Million New Intermediary Machining Mfg. Project in Sangareddy, Telangana
Executive Summary: A leading precision engineering company is establishing a new facility in Pashamylaram, Telangana, focusing on heat treatment and intermediary machining processes like gas carburizing, hardening, tempering, turning, milling, and drilling. With an annual production capacity of 1,80,000 units and an investment of Rs. 154.8 million, the project aims to enhance manufacturing capabilities. Pre-project activities are underway as of January 2025.
Rs.5580 Million New BOPET Mfg. Plant in India
Executive Summary: A leading manufacturer is planning to establish a new BOPET (biaxially oriented polyethylene terephthalate) production plant in India. The facility will have a capacity of 52,400 MTPA, with an estimated investment of Rs. 5,580 million. As of January 2025, the project has received consent approval from the Single Window Clearance Authority (SLSWCA).