Latest Project Updates
Rs.160 Million Dials Factory Expansion Project in Derabassi, Punjab
Executive Summary: A watch manufacturing and retailing company plans to enhance its dial factory's capacity by 0.5 million pcs./annum in Punjab. The project aims to cater to Swiss watch segment exports. Costing Rs.160m, it has been approved by the board of directors as of June 2022. New machinery and equipment will be installed, including advanced printing machines and CNC machines to increase efficiency. The company plans to fund it through internal accruals and debt.
Rs.2000 Million New Greenfield Plant in Punjab
Executive Summary: A company plans to set up a greenfield plant in Punjab to manufacture plywood in two phases, with a total capacity of 100,000 sq.mt a day. The estimated cost of the project is Rs. 2000 million and pre-project activities are underway as of May 2022.
Rs.198 Million New Expansion of the existing Steel Mfg. Unit in Punjab
Executive Summary: An Indian steel company plans to expand its existing unit in Punjab from 84 TPD to 300 TPD at an estimated cost of Rs.198.173 million. The proposed project includes the installation of new machinery and equipment to enhance production efficiency and meet the growing demand for steel products. Environmental clearance for the project is underway as of May 2022.
Rs.11830 Million New Township Development Project in Ludhiana, Punjab
Executive Summary: A real estate company plans to develop a new township project in Ludhiana, Punjab. The project involves developing a township in a plot area of 70.59 acres with an estimated cost of Rs.11830 million. As of May 2022, environment clearance for the project is underway.
Rs.654 Million New Steel Mfg. Unit in Fatehgarh Sahib, Punjab
Executive Summary: A well-respected steel manufacturer plans to expand with a new production unit capable of producing billets, TMT bars, wire rod, & more with 620 TPD capacity. The project, estimated at Rs.654.9 million, shows the company's commitment to growth. Awaiting environmental clearance, the company aims to build responsibly & provide top-quality products to customers.
Rs.303 Million Steel Manufacturing Unit Expansion Project in Fatehgarh Sahib, Punjab
Executive Summary: A well-established steel manufacturing company is expanding its production unit by upgrading its furnace, rolling mill, and CCM capacity. The expansion project aims to increase steel production from 28,700 TPA to 1,57,500 TPA and has an estimated cost of Rs.303.4 million. The company is awaiting environmental clearance and is committed to providing high-quality products to its customers.
New Polyester Cotton Yarn Mfg. Expansion Project in Bathinda, Punjab
Executive Summary: Sportking India plans to expand its polyester cotton yarn manufacturing in Bathinda, Punjab, by implementing a 10 MW Rooftop Solar Power Project and adding new spinning machinery. The solar power project will become operational in two phases, with 50% capacity in May 2022 and the balance in June 2022. The project involves adding 40,800 spindles for the production of polyester cotton yarn and another 63,072 spindles for manufacturing cotton compact yarn. The project has been approved by the board as of May 2022.
Rs.712 Million New Warehouse Project in Patiala, Punjab.
Executive Summary: A logistics park is planning to build a new warehouse in Patiala, Punjab with a total built-up area of 49,634.14 m2 and plot area of 21.40 acres. The estimated cost of the project is Rs. 712 million and environmental clearance is underway.
Rs.258 Million New Hotel Project in Amritsar, Punjab
Executive Summary: A leading hospitality company is planning a new hotel project in Amritsar, Punjab with a total plot area of 3.676 acres and a built-up area of 33764.572 sqm. The hotel will have 2 basements, a ground floor and 12 storeys, with an estimated cost of Rs.258.6 million. Environment clearance is underway.
New Hydraulics Cylinders Mfg. Project in Patiala, Punjab
Executive Summary: A new hydraulics cylinders manufacturing project is being planned in Patiala, Punjab. The project involves producing 5587000 cylinders, and the company has filed an industrial entrepreneurs' memorandum in January 2022. The project is currently in the planning stage as of April 2022.