Tata Trusts plan to double spending on sports programmes over the next five years, after having set up a team last year to develop a strategy for such investments, a senior executive said. Trusts will set aside as much as Rs 100 crore annually by 2022 toward sports such as archery, kabaddi, hockey, football and […]

Maharashtra government has given its approval to land allotment at Bandra Kurla Complex (BKC) for the upcoming bullet train project. State government has given its nod for 0.9 ha in the G-text block at BKC to construct the station. Railways approached the state government for the allotment of 0.9 ha on the surface to make […]

A Detailed Project Report (DPR) will be ready in two weeks, giving a fresh impetus to the proposed ropeway project across the Wayanad ghat road linking Kozhikode and Wayanad districts. Damodar Ropeways and Infra Limited, a Kolkata-based company, will be preparing the DPR for the project, which is estimated to cost Rs. 70 crore. Wayanad […]

Gravita India has added 16,000 tpa capacity at its Chittoor unit, in Andhra Pradesh. The company has raised its capacity from 12,000 tpa to 28,000 tpa.The company invested about Rs 20 crore which was partly raised as a term loan, and will raise the remainder from internal accruals. http://www.projectstoday.com/News/Gravita-India-expands-capacity-of-Chittoor-unit

State government has given approval for a bicycle track in Mumbai, Maharshtra, as part of the project proposed by the Municipal Corporation of Greater Mumbai (MCGM). Rs.300 crore project, to be completed in 18 months, is likely to provide the shortest route and connectivity between North-South and East-West Mumbai. Cycle and joggers’ track will be […]

State Government on Wednesday picked up 100 most innovative start-ups after following through a four-layered selection process. These startups will get a funding support of about Rs 35 crore from the government to pursue their tech-ideas and scale them up. When final leg of selection process began on Tuesday at Hotel Lalit Ashok, there were […]

Vermeiren India Rehab, a manufacturer of manual and electronic wheelchairs, is planning to establish a manual wheel chairs manufacturing unit (Phase-II) in Andhra Pradesh. The manufacturing unit will have a capacity of 40,000 pieces per year. The unit will come up at Sri City, Mallavaripalem, in Chittoor district of Andhra Pradesh. Company is still awaiting […]

Schindler India will invest Rs 170 crore to expand its manufacturing facilities by setting up an escalator manufacturing line. It will also improve its research and development facilities at its plant near Chakan in Pune. The company plans to expand its elevator line to produce a capacity of around 17,500 units and its escalator line […]

Tyre major Bridgestone India today said it will invest USD 304.3 million (around Rs 1,940 crore) over the next five years to expand its two manufacturing plants in Maharashtra and Madhya Pradesh. Company, which is a part of Japan’s Bridgestone Corporation, plans to expand facilities at Pune (Chakan) and Indore (Kheda).The investment will be done […]