Latest Project Updates
Rs.590 Million Motor Spirit Mfg. Expansion Project in Jalandhar, Punjab
Executive Summary: A motor spirit manufacturing expansion project in Suchi Pind, Jalandhar, Punjab, will boost production capacities for motor spirit, high-speed diesel, ethanol, mineral turpentine oil, and hexane. The project, covering 27.54 acres and including railway siding, is estimated to cost Rs. 590 million. It has received approval from the state pollution control authorities as of October 2024.
Rs.167 Million Auto Parts Casting Project in Kapurthala, Punjab
Executive Summary: An auto parts casting project in Dhak Khatti Tehsil Phagwara, Kapurthala, Punjab, aims to produce 80 tons of auto parts per day. With an estimated investment of Rs. 167.1 million, the project is set to boost manufacturing capacity. As of October 2024, the project has received approval from the state pollution control authorities for establishment.
Rs.147 Million Billets Expansion Project in Ludhiana, Punjab
Executive Summary: A Billets Expansion Project is planned in Vpo Jugiana, Ludhiana, Punjab, increasing production capacity from 84 Metric Tonnes per Day (MTPD) to 165 MTPD. The project, estimated at Rs. 147.959 million, aims to meet growing market demand. As of October 2024, the necessary consent from state pollution control authorities has been obtained to proceed with the establishment.
New Yarn Mfg. Unit in Punjab
Executive Summary: A new yarn manufacturing unit is being set up in Punjab, increasing production capacity from 4.8 MT per day to 11.8 MT per day, with an investment of Rs. 45 million. The unit is expected to be operational by March 2025. To fund the expansion, the company is pursuing an SME IPO and plans to list on the NSE SME platform.
Rs.5567 Million New Medical College & Hospital Project in Ludhiana, Punjab
Executive Summary: A new medical college and hospital project in Ludhiana, Punjab, will cover 145,191.46 sqm with a Rs. 5,567.4 million investment. The expansion includes a Neuro & Gastro Science Block, additional floors to the heart institute, and multi-level parking, increasing the built-up area to 142,232 sqm. Construction will start in January 2025 and finish by September 2028, pending environmental clearance.
Rs.248 Million Hardware Goods Mfg. Project in Ludhiyana, Punjab
Executive Summary: A new hardware goods manufacturing project is planned for Ganpati Estate, Village Dharour, Ludhiyana, Punjab. The facility will have a daily production capacity of 25 metric tons and an estimated cost of Rs. 248.092 million. As of September 2024, it has received the necessary consent from the Punjab State Pollution Control Board.
New Hotel Project in Amritsar, Punjab
Executive Summary: A Notable Healthcare company planning a new hotel project in Amritsar, Punjab, set to open in 2028. The hotel will feature 68 rooms, a restaurant, rooftop bar, two banquet halls, meeting rooms, a fitness center, and a swimming pool. As of September 2024, Lemon Tree Hotels has signed agreements for the project
Tyres & Tubes Mfg. Expansion Project in Ludhiana, Punjab
Executive Summary: Bicycle industry leader Ralson's ambitious venture in Ludhiana aims to manufacture 12M bicycle tires & tubes annually, highlighting commitment to innovation & growth. Project in planning stage since Oct 2020, poised for sectoral advancement.
Rs.2124 Million New Grain Based Ethanol Distillery Unit in Ropar, Punjab
Executive Summary: A new grain-based ethanol distillery with a 150 KLD capacity and a 4 MW cogeneration power plant is being established in Kukuwal, Ropar district, Punjab. The Rs. 2124.4 million project aims to leverage local grain supply, create jobs, and support renewable energy initiatives. Environmental clearance is pending, with construction set from September 2023 to March 2024.
Rs.750 Million New Green Plasticizers Mfg. Plant in Patiala, Punjab
Executive Summary: A new green plasticizers manufacturing plant is planned in Rajpura, Patiala, Punjab, producing chlorinated paraffin’s plasticizers, chlorinated methyl fatty ester, CPE/CPVC, hydrochloric acid, and sodium hypochlorite. With an estimated cost of Rs.750 million, construction is set for June to December 2025. As of July 2024, the project awaits environmental clearance.