Latest Project Updates
Rs.16420 Million New Integrated Specialty Steel mfg. Unit in Jajpur, Odisha
Executive Summary: A new Rs. 16,420 million integrated specialty steel manufacturing facility is being established by a leading piping enterprise in Jajpur, Odisha. Approved in June 2026 by the state's High-Level Clearance Authority, the advanced metallurgical hub will yield high-grade alloys for critical applications across the defense, aerospace, nuclear, and energy sectors.
Rs.24000 Million New Sintered NdFeB Permanent Magnet Facility in Ganjam, Odisha
Executive Summary: A new Rs. 24,000 million manufacturing plant is being set up in Ganjam, Odisha, to produce advanced sintered NdFeB permanent magnets for the electric vehicle, defense, and green energy sectors. Approved in June 2026 by the state's High-Level Clearance Authority, the high-tech critical mineral value-addition facility will generate over 2,000 localized engineering and manufacturing jobs.
Rs.22500 Million New Rare Earths Magnet Unit in Andhra Pradesh
Executive Summary: A new Rs. 22,500 million rare earths manufacturing facility is being established in Atchutapuram, Andhra Pradesh, to produce 1.2 ktpa of sintered NdFeB permanent magnets for EVs, aerospace, and defense. The state-of-the-art electronics component hub has received formal clearance from the State Investment Promotion Committee, paving the way for immediate civil engineering works.
Rs.15000 Million New Solar Cell Mfg. Facility in Gujarat
Executive Summary: A new Rs. 15,000 million integrated solar manufacturing project is underway in Ankleshwar, Gujarat, featuring a 3.6 GW high-efficiency solar cell facility and a pilot wafer-ingot line. Phase I commissioning is set for 2027. Spanning 92,200 sq. mtr., civil works are actively progressing to build this heavily automated, domestic value-chain asset.
Rs.7550 Million New Railway Line Project in Chhattisgarh
Executive Summary: A new 42-kilometer third railway line project has been approved in Chhattisgarh to decongest a vital industrial corridor between Champa and Korba. Budgeted at Rs. 7,550 million, the infrastructure expansion scales up freight capacity on a route heavily burdened by bulk coal transport. This high-density capacity addition ensures streamlined operations, faster regional logistics, and minimal rail transit delays.
Rs.13380 Million New Solar Photovoltaic Power Project in Sitapur, Uttar Pradesh
Executive Summary: A Rs. 13,380.3 million hybrid energy project featuring a 250 MW solar plant and 50 MW/200 MWh battery storage system is being built in Sitapur, Uttar Pradesh. As of June 2026, an EPC contract was officially awarded to construct the entire clean energy infrastructure, with a definitive deployment timeline set for 18 months.
New Hotel Construction Project in Ayodhya, Uttar Pradesh
Executive Summary: A brand-new 143-key premium hospitality property featuring an all-day dining restaurant and 11,000 sq. ft. of indoor banquet space is being developed on a four-acre site in Ayodhya, Uttar Pradesh. As of June 2026, a formal management agreement has been finalized to operate the upcoming cultural tourism destination under a renowned national hospitality brand.
Rs.4930 Million Adipur–Bhuj Section Rail Doubling Project in Gujarat
Executive Summary: Indian Railways has approved a Rs. 4,930 million rail doubling project for Western Railway's 49 km Adipur–Bhuj section in Gujarat. Moving beyond its current single-line constraint, the expansion will unlock an additional 12 MTPA freight capacity and allow four new daily passenger services, preventing a projected 123% route congestion by 2029–30.
New Polyphenylene Sulfide Resin Mfg. Facility in Tirupati, Andhra Pradesh
Executive Summary: A new high-performance polyphenylene sulfide resin manufacturing facility is slated for development at an existing manufacturing site in Sri City, Tirupati, Andhra Pradesh. The facility will establish a local production line yielding an annual output of 3,000 metric tons. Operations will commence in early 2027, optimizing localized supply chains for advanced automotive and appliance components.
Rs.8500 Million New Industrial Logistic Hub in Dausa, Rajasthan
Executive Summary: RIICO is launching a new Rs. 8,500 million Industrial Logistics Hub in Bandikui-Baswa, Dausa, Rajasthan. Planned near major freight corridors, phase construction will run from September 2026 to January 2027. As of June 2026, the greenfield hub proposal has been submitted to the State Level Environment Impact Assessment Authority for environmental clearance.
