Upcoming Projects in India

6405 Japanese sportswear major ASICS is going solo and setting up stores in India in the next five years. The company plans to start with five stores in the first year, with first one expected to be operational in July. The stores will be located in the major metros. Since ASICS products are imported and the company does not source parts locally, it cannot open company-owned stores in India and all its outlets would be franchise stores.

6404 EMC Corporation plans to set up 100 centres of academic excellence in the country this year to provide skills in areas like IT infrastructure, data science and analytics. These centres will be set up in leading IT institutes across the country and EMC, through its Academic Alliance initiative, will offer the technical expertise, resources, and study materials required for setting up the centres. EMC will be providing training to the faculty of these institutions on a 'no cost' basis and access to the 'open courses' from the EMC Education Services.

6403 Tata Motors plans to have 10-15 new platforms next fiscal from which it will launch commercial vehicles. It expects to spend Rs. 1,200-1,300 crore on the CV business next year. The company would continue to launch products for various uses, like the planned roll-out of a new range of Ace light-commercial vehicles

6402 CLP India will set up a 100-MW wind farm in Chandigarh. CLP India is a wholly owned subsidiary of CLP Holdings, which is listed on the Hong Stock Exchange. The company has signed a turnkey contract with turbine maker Gamesa for the project. According to the contract, Gamesa will handle the entire infrastructure needed to set up and operate the wind farm, including installation of turbines. The contract also includes a long-term operation and maintenance service.

6401 Force Motors plans to set up a manufacturing facility at Chakan near Pune to produce a range of parts including engines, gearboxes and axles with annual capacity of 50,000 sets. Project is in the planning stage and the Pune based company is also planning to set up an assembling engines manufacturing factory for BMW vehicles which is already announced in 2014.

6400 Reliance Power has signed a memorandum of understanding with Rajasthan government to develop a 6,000 MW solar park in the state over the next 10 years. Government of Rajasthan also dedicated Reliance Power's 100 MW Concentrated Solar Project (CSP) located at Pokhran in Jaisalmer district to the nation. Rajasthan Sun Technique Energy, a wholly-owned subsidiary of Reliance Power, was awarded the CSP project in 2010 based on a international competitive bidding.

6399 Binatone Communications Group plans to start manufacturing of routers and broadband connectivity equipment from India and could invest upto $50 million (Rs315 crore) in setting up a plant. Binatone is one of the major suppliers of CPE's and routers to large telecom clients including Bharti Airtel Tata, MTS and MTNL. At present, it manufactures CPE's from its unit in China. The India manufacturing plant, for which the company is looking at three to four locations including Greater Noida and Rajasthan, is expected to be finalised within the next few months. An investment of $40-50 million has been earmarked for setting up the plant and Binatone may also consider partnering with companies that have existing manufacturing set ups, which can be scaled up.

6398 Cairn India is planning to set up a development project at its Krishna-Godavari Basin (KG-Basin) block, Prakasam and Guntur districts, AP. The project involves the drilling of 64 exploratory well in the block- KG-OSN-2009/3 in the Bay of Bengal. Cairn India is an oil and gas exploration and production company.

6397 adani Enterprises Ltd (AEL), the flagship company of the Adani Group has entered into an agreement with Government of Rajasthan to set up 10,000 megawatt solar park in the state. Both AEL and Rajasthan Renewable Energy Corporation Ltd. a memorandum of understanding (MoU) to form a joint-venture to set up the,will include generation projects as well as a manufacturing unit for solar module, parts and equipment.

6396 Ecoren Energy India is setting up a wind power project at Betamcherla, Kurnool. As of February 2015, company has applied for forest clearance for the construction of a 33 Kv transmission line for the evacuation of this power from the nearest 132/33 kV Dhone substation.

6395 KKR India is set to invest about Rs 600 crore in two companies, Gurgaon-based Asahi India Glass and Chennai-based Archean Group, through a structured debt transaction the $800-mn Archean Group got $20-mn (Rs 120 crore) funding from KKR in the holding company in May 2014. The latest injection of Rs 400-crore will be used for Archean Chemical Industries' project for production of sulphate of potash, bromine and industrial salt at its facility in Kutch, Gujarat. Established in Anandam,building material, industrial salt, industrial chemicals & fertilisers, shipping, mining & minerals and oil & gas services.

6394 Medanta Group is working on a plan to set up five hospitals in next five years with an investment of Rs. 1,500 crore. They open their ultra-modern hospitals in Lucknow, Patna, Jaipur, Mumbai abroad as well, They have invested more than Rs. 60 crore to start the 160-bedded hospital here and have plans to expand it to a 500-bed unit in next 2-3 years with an estimated investment of Rs. 600 crore.

6393 Maharashtra State Road Development Corporation is taking up a project for the addition of a new eightlane corridor to its Mumabi-Pune Expressway and old highway in the state. The project will come up as a part of its expansion programme and which involves the implementation of an elevated corridor between Khopoli and Khandala, making it a 14- lane stretch. This project Rs 7,000-crore.

6392 The plant would be constructed as part of the Madurai Corporation's efforts to revive the Manalur Drinking Water Project at a cost of Rs 16.40 crore. The project includes construction of treatment plants and changing of worn out pipelines. It comprises the replacement of 350 mm iron pipes from Thirupuvanam - Manalur Pumping Station with plastic pipes, construct treatment plants and renovate pumping stations and replacement of 450 mm iron pipes with plastic pipes from Manalur to Teppakulam and it will take place

6391 BMM Ispat is setting up an integrated steel plant project at Danapur,Bellary. The project involves the installation of a steel plant along with a cement grinding unit and a CPP. company has approched MoEF for clearances

6390 Divis Laboratories plans to invest Rs 500 crore in Andhra Pradesh to set up its third manufacturing facility as it looks to augment its production capacity. The company is considering setting up a third manufacturing site to augment capacities besides derisking its business. The company proposes to make an initial investment of Rs 500 crore on this facility,

6389 ZF Friedrichshafen AG has invested Rs. 150 crore to set up a new multi-product facility in Chakan near Pune to help it enhance its portfolio of auto components. This new plant is an important investment in the centennial year of ZF Group.

6388 Bharat Heavy Electricals Ltd (BHEL) has announced commissioning of 600 MW thermal power project in Odisha. The unit was commissioned at Jindal India Thermal Power Ltd's upcoming 2x600 MW thermal power project at Derang in Angul district of Odisha

6387 Spice Group will invest Rs 500 crore to set up a manufacturing unit in Uttar Pradesh.The manufacturing unit will bolster the company's strategy to introduce affordable mobile internet devices in India through domestic manufacturing, thus catering to a larger market by offering a wider range of high technology devices at affordable costs,

6386 Rays Power Infra has bagged 37 megawatt (MW) solar EPC projects worth Rs. 240 crore in Telangana and Karnataka. Of the total 37 MW, 5 MW will be set up in Karnataka for a Gujarat-based organisation at a competitive price of Rs. 7.10 per unit. The remaining 32 MW will be implemented in Telangana. Of this, 10 MW was won by Rays Power Infra as an IPP (Independent Power Producer) and the rest 22 MW will be implemented on behalf of three different organisations namely a food processing company, a jewellery brand and a reputed production house at an average PPA price of Rs. 6.60 per unit.

6385 Gujarat State Fertiliser and Chemicals Ltd will invest Rs 900 crore to set up a 40,000 metric tonne per annum (MTPA) plant for manufacturing melamine, which used for making plastics, fertiliser and crockery products, at Vadodara. The project is expected to be commissioned in the third quarter of FY 2017-18.

6384 GE, Bosch, Continental, Motherson Sumi, Bharat Electronics, Tejas Networks, and Magneti Marelli are among the companies that got the Centre’s nod for setting up an electronics manufacturing facility in India. The Centre has approved 30 proposals worth Rs. 6,500 crore from 57 proposals of over Rs. 19,000 crore received for the electronics manufacturing clusters. These companies will get incentives under the Modified Special Incentive Package (M-SIPS).

6383 Indian Oil Corporation’s board approved investments worth 5,302 crore.The investments are for setting up a 0.6-million-tonne a year LPG import facility at Paradip, augmentation of the Paradip-Haldia-Durgapur LPG pipeline and laying of the Paradip-Hyderabad product pipeline. The product pipeline is proposed for evacuation of the products from the upcoming Paradip Refinery to storage depots in Andhra Pradesh and Telangana.

6382 Toonz Retail India plans to invest around Rs. 20 crore in India for further expansion in Maharashtra, Karnataka, Uttar Pradesh and Telangana. Tooz Retail currently operates around 60 stores in 45 cities. The company is also planning to launch its two owned brands Wowmom and Superyoung in West Asia and Maldives.

6381 The Centre will pump Rs. 1,50,000 crore for building four new steel plants of 20—24 million tonnes combined capacity in collaboration with the governments in four states. Based on investment of Rs. 6,000 crore for each million tonne of steel and associated cost for mining, the total investment will be in excess of Rs. 1,50,000 crore. SAIL will invest in Chattisgarh, Rastriya Inspat Nigam Ltd in Odisha, NMDC Ltd in Jharkhand and Karnataka.

6380 Vatika Group is planning to invest Rs 200 crore to open about 15 diagnostics laboratories over the next two years. The group has acquired diagnostic labs Health Square from Spry Hospitality, including two centres, for Rs 30 crore and has been rebranded as Vatika Medicare as part of its expansion in the healthcare sector. The company will expand in Delhi NCR, where two diagnostics centres are already functional at Hauz Khas in South Delhi and Gurgaon. After these, company will look to expand in other metros, including Bangalore and Mumbai.

6379 Divis Laboratories Ltd is setting up a new manufacturing facility near Kakinada in Andhra Pradesh, with an investment of 500 crore. The company had applied to the State Government for allocation of land for its third plant and is awaiting a response.

6378 Handset maker Xiaomi will set up a research and development unit in Bangalore. The company, which expects the centre to be operational in the next few months, will focus on localising its products and features for the Indian market through the unit. Work on the facility is expected to commence by the end of March and in the next few months. Besides, Xiaomi is also looking at bringing in its own eCommerce website into the country to sell its products here.

6377 Handset player Spice will set up a manufacturing unit in Uttar Pradesh with an investment of about Rs. 500 crore to make affordable mobile phones in the country. The company has inked a MOU with the state government, wherein the company will get state support in establishing the facility in a time bound manner and it will also facilitate the necessary infrastructure, ecosystem and incentives under various schemes announced by the State and Centre. The unit will have a capacity of about 1-2 million handsets a month.

6376 Japan’s Suzuki group will invest up to Rs. 8,500 crore in setting up a manufacturing facility in Gujarat. Suzuki Motors Gujarat, a wholly owned subsidiary of Suzuki Motor, will own the plant where it plans to invest close to Rs 8,500 crore in several phases. The facility at Hansalpur on the outskirts of Ahmedabad. The first phase of the new plant will entail an investment of Rs 3,000 crore to make a 2.5-lakh-unit assembly line, which will begin operation in the middle of 2017 .

6375 Mahindra Group plans to expand its renewable energy business and invest Rs 4,500 crore (US $732.5 million) over the next three to four years. The company is also plans to commission 500 megawatts (MW) of solar power projects by the end of March 2016 from 180 MW it expects to complete by end-March 2015

6374 Adarsh Realty and Hotels, hospitality arm of Adarsh Group, will invest around Rs 600 crore to build a Shangri-La branded luxury hotel in Bengaluru. The hotel will be located in the IT hub of Bengaluru's Outer Ring Road. Hotel is expected to be completed in the next two years.

6373 Reliance Industries and its partner BP plc of UK will invest about Rs 6,000 crore by 2016 to help sustain and improve recovery from the two main gas fields in the eastern offshore KG-D6 block. The two firms are working to develop 3-4 Trillion cubic feet of gas discoveries off the east coast. For development of the gas sector, the need of the hour is to establish a set of integrated gas players who will be the energy providers of the future to meet the call for building a gas based economy.

6372 Kolte Patil Developers plans to invest Rs. 3,000-4,000 crore from April 14 to March 17 in new projects. The company plans to double the quantum of investment in the next three years, and consolidate its presence in Pune, Mumbai, Goa and Bangalore before moving to other cities.

6371 The Chennai Corporation will set up a multispecialty hospital, as well as a primary health centre (PHC) at Sholinganallur. The civic body plans to set up a 100-bed facility at Sholinganallur. The budget estimate for the project is Rs. 4 crore. As soon as land will identified the civic body would set up additional PHCs and 100-bed facilities in all the zones of the city soon.

6370 Gandhi Institute of Technology and Management (GITAM) University is planning to start an incubation centre with the help of IT industry. The upcoming GITAM Hospital will serve the community in the coming years.

6369 Uniparts Group will invest Rs 100 crore to set up a facility in Ludhania and expand its Visakhapatnam plant. The company plans to expand into the fast-growing agri business and focus on construction, forestry and mining sectors to benefit from expected higher government investment in infrastructure. The Company is working on new components and platforms under the 3-Point Linkage System, which forms the backbone of agricultural machinery globally, and will add new applications for tractors, harvest combines and other such vehicles. Uniparts Group is a global manufacturer of engineered systems and solutions for the off highway vehicle market.

6368 Coca-Cola Beverages will invest over Rs 180 crore for capacity expansion at its bottling plant at Jalpaiguri in north Bengal after it gets land from the state government. The company received land allotment letter from chief minister. Hindustan Coca-Cola Beverages Private Limited (HCCBPL) is the largest bottling partner of The Coca-Cola Company (TCCC) in India.

6367 US-based pizza chain Sbarro is planning to add 20 'New York style pizza' restaurants in north and east India in two years as part of expansion plans in the country. The chain, which has around 900 Sbarro outlets in more than 40 countries, operates in northern and eastern parts of India through its master franchise Jyoti International Foods. In the first phase of expansion, the company is primarily looking at areas in Delhi and NCR, followed by outlets in Punjab and Gujarat. The flagship outlets will have a space of around 2,000 sq feet. Inline outlets in malls would be between 1000 to 1,200 sq feet while in food courts and kiosks it will be between 400 to 600 sq feet.

6366 A high-level environment ministry panel has given nod to Neyveli Lignite to set up a new thermal power plant of 1,000 MW capacity at a wildlife area in Tamil Nadu's Tuticorin district. This coal-based thermal power project comes within the 10-km periphery of Mullakadu range of forests in Tamil Nadu. The Tuticorin project, being set up through the subsidiary firm NMDC Tamil Nadu Power Ltd formed in joint venture with TANGEDCO, is in advanced stage of completion. The NBWL has also approved the Telangana Power Generation Corporation Ltd's expansion project with 800 MW capacity at the Kothaguden Termal Power Station located at Paloncha near Kinnerasani wildlife sanctuary in Telangana. Besides, the NBWL has also cleared irrigation projects in Maharasthra. They include Alewadi Irrigation Project and Ar-Kacheri Irrigation Project in Sangrampur in Buldhana district, the double track railway line project near Balaram Ambaji Wild Life Sanctuary in Gujarat, two hydrocarbon exploration project at Khusirampara and Babhusaipara in Gumti forest division in Tripura also received approval.

6365 Pune-based real estate company, Kolte Patil Developers plans to invest Rs. 3,000-4,000 crore from April 14 to March 17 in new projects. It will showcase 6,000 residential units from 13 yet to be announced projects across 10 locations in Pune at the event. The prices range from Rs. 4,500 to Rs. 15,000 per square feet, while delivery will take place over the next two to three years.

6364 The Union ministry for road transport and highways has approved the proposed Kota northern bypass project. Now, tenders for the project could be floated soon. The proposed project would help decongest the city. The proposed bypass would connect the KotaSawai Madhopur highway to the NH 76 through a road between Jhalipura area and Gaamach area in the district. Kota Urban Improvement Trust (UIT) will carry out the bypass project. The total cost of the 14.2-km bypass project is estimated to be Rs. 175 crore. The UIT has acquired 67.4 hectare land for the project. The project is likely to be completed in a couple of years.

6363 Welspun Renewables has signed an agreement to set up a 100 MW solar power project in Andhra Pradesh at a cost of Rs 700 crore . The firm has so far commissioned over 366 MW solar and wind power projects in India and another 978 MW capacities are under construction. Apart, It plans to develop power projects pan India, with existing projects located in other high radiation zones like Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu and Punjab.

6362 US major GE is planning an additional investment of Rs 3,000 crore in Maharashtra. Among other equipment, it will produce power turbines in the State. GE already has a major faclity near Pune for producing electrical equipment. General Electric is an American multinational conglomerate corporation

6361 Parag Milk Foods is investing 75 crore in creating a new brand identity, entering new segments and expanding capacity this year, With brands like Go and Gowardhan, it is now working on creating health-oriented beverages like whey protein-based milk-shakes. We will invest 75 crore in growing the category with new products in the health segment.

6360 National Mineral Development Corporation (NMDC) will spend Rs 10,000 crore on setting up slurry pipelines and pellet plants, among other works, for its upcoming steel plant in Chhattisgarh. The investment will be divided into two parts -- setting up slurry pipelines and pellet plants for Nagarnar steel plant and another slurry pipeline from Nagarnar to Visakhapatnam. The projects in Chhattisgarh costs Rs 4,000 crore, the Vizag portion would cost Rs 6,000 crore. The Chhattisgarh portion of the project includes setting up a slurry pipeline from Biladilla to Nagarnar along with ore processing plants at Biladilla and pellet plant at Nagarnar.

6359 Ahmedabad-based textile major Chiripal Group will invest round Rs 3,640 crores for expansion in various sectors in the next two years. The company is expanding in poly propylene at its existing location in Bidaj in Kheda district and is coming up with polyester chips manufacturing, packaging film coating and converting and manufacturing of BOPET at cost of Rs 1,172 crores in two years. The group's flagship company will invest Rs 612 crores at its textile park in Bidaj. Besides, A knitting project in which manufacturing of terry towel will be undertaken is also coming up with an investment of around Rs 400 crores at Dholi village in Dholka taluka of Ahmedabad.

6358 Cement manufacturer Sanghi Industries will invest Rs 250 crore over the next couple of years for developing waste heat recovery system and facilities at Navlakhi Port in Gujarat. The company will be investing Rs 150 crore for developing 15 MW waste heat recovery system (WHRS) and another Rs 100 crore to further develop its facilities at Navlakhi Port in Gujarat. The company has signed a contract for installing the system at its cement plant in Kutch.

6357 Kajaria Ceramics will invest up to Rs 200 crore next fiscal to enhance capacity of its tiles business. The company is also looking at entering into a joint venture to increase capacity for its tiles business next year.

6356 CESC Ltd's retail arm Spencer's Retail aims to open 16-20 new large format stores or hypermarkets nationwide by end of March 2016. 4-5 hyper stores will be opened in current quarter (Jan-Mar 2015) and the remaining 12-15 stores will be opened in the next financial year 2015-16. Spencer's currently operates 125 stores across 36 cities in India.