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As motorised 2-wheelers overtake cycle sales in country and manufacturers are focusing on commuter segment again and reviving entry-level cycles. These numbers are surprising: India, World’s 2nd largest cycling nation after China, sells more bikes than bicycles. Demand for motorised 2-wheelers in the country is expanding, but cycle sales are shrinking, and the gap between […]

India languages that Uber is looking at are Hindi, Marathi, Tamil, Telugu, Kannada, Bengali and Gujarati. Online cab aggregator Uber, under the leadership of Dara Khosrowshahi, is making a renewed effort to win back India market. Hoping to expand its user base as well as increasing its popularity in tier-III cities, Uber has introduced a […]

Good days are back for Devraj Distillery. As per the latest information collected by the Projects Today research team, work is all set to commence from July 2018 at company’s green field distillery located in Uttar Pradesh. Project was on hold for sometime due to financial issues and lack of necessary clearances. Devraj Distillery unit, […]

Insecticides (India) has proposed Rs.200 crore expansion plan to increase its capacity in the next 3 years. In the 1st 2 years, it will spend about Rs.100 crore, followed by an investment of Rs.100 crore in 2020. Firm is planning to set up an Export Oriented Unit (EoU) in Gujarat with a focus on increasing […]

Bizongo essentially helps businesses design, develop and procure packaging products. Anirudh Mane’s packaging solutions start-up was still in initial stages. Along with a few friends from design school, he had managed to set up a small company that manufactured tailor-made packaging solutions for niche retail businesses. However, he was having trouble discovering prospective clients who […]

Germany-based global technology group Freudenberg Group is investing Rs 210 crore in greenfield production unit near Chennai in Tamil Nadu.The facility will manufacture sealing products for automotive and other sectors. New facility is part of the company’s long-term growth strategy in the Indian market and also its plans to tap emerging opportunities in the automotive […]

Chinese budget smartphone brand Comio is betting on a differentiated offline strategy to gain a foothold in India’s hyper-competitive smartphone market. Company, which offers smartphones in Rs.5,000-10,000 price segment, is taking a bottom up approach by initially focusing on a network of small offline retail stores in towns and non metro cities to sell its […]

Prism Crop Science will launch Rs.15 crore manufacturing facility in Yadadri Bhuvanagiri district of Telangana. Unit will manufacture organic nutrients and formulations. Company is going to launch 40 products in 2018 taking the total to 100 products. https://www.projectstoday.com/News/Prism-Crop-Science-to-launch-mfg-facility-in-Telangana

Avon Cycles is expanding production capacity at its plant in Ludhiana by some 50%. Company is infusing EUR 12.5 million in the hiked capacity which enables production of some 15,000 bicycles per day. Plant currently has the capacity to produce 10,000 units per day. An additional floor area of 2,40,000 square feett will be also […]

Indian Railways is planning to infuse in Rs.1,000 crore to more than double the capacity of its bottled water brand Rail Neer. Rail Neer, run by the Indian Railway Catering and Tourism Corporation (IRCTC), a subsidiary of the Indian Railways, has seven plants with a bottling capacity of six lakh ltr per day. The new […]