Upcoming Projects in India

6305 Haryana Government Is Planning To Set Up Kalpana Chawla Medical University At 100 Acres Of Land In Karnal District. At Least One Medical College Of 200 Seats, A 750-1,000 Bedded Hospital, A Dental College And Some Medical Institutes Would Be Set Up In The Area In Coordination With The Central Government. Construction Work On The University Complex Which Would Have Facilities On Par With Any Other Medical Institute Located In Big Cities, Would Be Completed In The Next Four-Five Years. The Construction Work On The 500-Bedded Hospital Would Be Completed By 2015 And A Medical College With 100 Seats Would Be Started With The Approval Of The Medical Council Of India By The Academic Year 2016-17.

6304 Pharmaceutical Giant Biocon Is Contemplating Setting Up A Manufacturing Facility In Visakhapatnam, Andhra Pradesh In The Next Six Months. The Company Is Rolling Out 50 Centres In Odisha And 100 Centres In Rajasthan On A Pilot Basis. Andhra Pradesh State Is Prepared To Help Set Up 100-200 Pilot Centres. Biocon Limited Is An Indian Biopharmaceutical Company

6303 Tata Chemicals Will Invest Rs 150 Crore In Its Greenfield Prebiotic Plant At Sriperumbudur. Phase One Of The Plant Is To Set Up 1000 Tonnes Per Annum (TPA) Prebiotic Plant In Sriperumbudur Near Chennai. Out Of This, 300 TPA Fructo-Oligosacchride (FOS) Plants Has Gone On Stream Already. The Plan Is To Expand This Unit To 5,000 TPA Over A Period Of Three To Five Years With A Further Investment Of Around Rs 100 Crore. Tata Chemicals Limited Is An Indian Global Company With Interests In Chemicals, Crop Nutrition And Consumer Products.

6302 Matix Fertilizers Plans To Invest Another Rs 5,000 Crore On Second Phase Of The Panagarh Urea Project. The First Phase Of Company's Greenfield Fertiliser Complex At Panagarh (West Bengal) Is Ready To Be Commissioned. The Company Plans To Tap The Market Of West Bengal And Neighbouring Bihar, Jharkhand And Orissa Where There Is No Urea Plant In Operation At Present.

6301 Amara Raja Batteries Ltd (ARBL) Is Planning To Set Up A Battery Plant In North Or West India. The Company Intends To Commission A New Plant With A Capacity Of Six Million Units A Year In Jan 2015, While Another Plant With An Investment Of Rs. 500 Crore By Dec 2015. A Group Company, Amara Raja Power Systems, Is Working On Solar Projects At The Manufacturing Site.

6300 An IIT And IIM Would Come Up Soon In Chittoor And Visakhapatnam Districts In Andhra Pradesh Respectively, As Part Of The State Bifurcation Plan Approved By The Centre. The IIM Would Be Set Up At Aanandapuram In Visakhapatnam And The IIT At Yerpedu In Chittoor District. Beside, An IISER (Indian Institute Of Science Education And Research) Would Also Be Set Up At Yerpedu. The Centre Has Approved The Location Of All The Three Institutions. A Central University Would Be Set Up Either At Hindupur In Anantapur District Or Near Tirupati.

6299 Spencer's Retail Will Open 10-15 Stores Every Year Focusing At Hyper Format Over The Next Few Years. To Open Each Store It Costs Rs 3-5 Crore And On This Basis Spencer's Will Pump Anywhere Between Rs 40-60 Crore A Year In Adding New Stores. The Retail Arm Currently Operates 126 Stores Including 33 In Large Format In 40 Cities. Spencer's Retail Is A Chain Of Retail Stores

6298 Bravia Capital Is Planning To Invest In India's Transportation And Logistics Sectors. The Company Has Interests In Transportation, Logistics, Energy And Metallurgy Sectors Across The World. Company Is Looking In Profitable Companies In India With Good Managements. Bravia Capital Is An Independent Investment Firm Dedicated To Managing And Investing Partners’ And Co-Investors’ Capital In Brazilian Equities In Both Arenas, Public And Private Equity.

6297 Government Will Add 6-7 Fertiliser Manufacturing Facilities To The Country's Existing Capacity Through A Mixture Of New Units And Revival Of Closed Sites Over The Next Five Years To Boost Domestic Production. At Present, About Eight Units Of State-Owned FCIL And HFCL Are Closed. The Ministry Is Working On Reviving The Five Closed Plants Of The Fertilizer Corp. Of India Ltd (FCIL) And Hindustan Fertilizers And Chemicals Ltd (HFCL).

6296 Rajasthan Industrial And Investment Corporation (RIICO) Is Planning To Set Up A Ceramic And Glass Industrial Zone At Ghiloth Near Neemrana. Spread Over An Area Of 750 Acre, This Zone Would Have Gas Availability Through Dedicated Supply By The GAIL, RIICO Is Already Undertaking Skill Development Courses For Ceramic And Glass Sector Through Central Glass & Ceramic Research Institute(CGCRI) So As To Provide Trained Manpower For The Sector Within The State.

6295 The Union Cabinet Today Approved Setting Up Of 25 Solar Parks Of 500 MW Capacity Each, As Also Ultra Mega Solar Power Projects Across The Country. Apart, The Cabinet Committee On Economic Affairs Approved A Scheme For Setting Up 1,000 MW Grid Connected Solar Power Projects By Psus And Central Government Organizations. The Solar Parks Will Be Set Up Across The Country During Five Years, From Fiscal 2014-15 To 2018-19, While 1,000 MW Grid-Connected Solar PV Power Projects Would Be Set Up Under Various Central And State Schemes In Three Years Period From Fiscal 2015-16 To 2017-18. As A Transmission System Will Be Developed For The Entire Park, Developers Will Not Have To Set Up Their Own Transmission Lines.

6294 Sintex Industries Will Set Up A Textile Processing Plant Near Pipavav Port At An Investment Of Rs 5,500 Crore By 2017-18. The Plant Is Located 6 Kms Away From Pipavav Port In Amreli District. First Phase Of Pipavav Textile Processing Plant Will Be Operationalised By March-2015. Products Will Not Only Range Up To Cotton But Will Also Include Multiple Products Like Polyester, Yarns, Viscos Yarn, Lycra.

6293 ADAMA Agricultural Solutions, A Global Leader In Providing Comprehensive Crop Protection Solutions, Formerly Known As Makhteshim Agan Industries, Plans To Invest At Least $50 Million (Approximately Rs 300 Crore) Over The Next Three Years, In India. ADAMA Group, Which At Present Manufactures High Volume Off-Patented And High Value Complex Off-Patented Agrochemical Products, Is Looking At Increasing Focus Towards Unique Mixtures And Formulations And Innovative Specialty Products.

6292 The Power Ministry Has Signed A Memorandum Of Understanding With The Andhra Pradesh Government Under Its 'Power For All' Initiative That Aims To Cover The Entire State By October 2016. The Government Plans To Cover The Entire State In A Phased Manner By October 2016 And Provide All Unconnected Households Access To Electricity In Phases By March 2017. In First Phase Of Programme, Andhra Pradesh Has Been Chosen Along With Rajasthan And Delhi. The Success Of Implementation In These Three States Will Go A Long Way In Determining The Roll-Out Of 24x7 PFA In Other States.

6291 ITC Ltd Will Invest Rs 1,000 Crore For Its Ambitious Foray Into Dairy And Juice Businesses Which It Plans To Roll Out In The January-March Quarter. The Company Will Make The Proposed Investment In The Short Term On Manufacturing Capacity, Marketing, Brand Building And Distribution Expenses. ITC's Expansion Into Dairy Is Done Organically And Involves Setting Up Processing Plants In Munger ( Bihar), Punjab, Uttar Pradesh, Maharashtra, Telangana And Andhra Pradesh. ITC Limited Or ITC Is An Indian Conglomerate, Its Diversified Business Includes Five Segments: Fast Moving Consumer Goods (FMCG), Hotels, Paperboards & Packaging, Agri Business & Information Technology.

6290 Ashapura Intimates Fashion Ltd (AIFL) Plans To Spend Rs 31 Crore For Setting Up Retail Outlets Across Mumbai And A Manufacturing Plant In Gujarat Over Next One Year. On An Average, Ashapura Will Be Investing Rs 50 Lakh Per Store. Ashapura Intimates Fashion Limited Is Engaged In The Business Of Designing, Branding, Marketing And Retailing Intimate Garments.

6289 Essel Group Plans To Develop Smart Cities In West Bengal In Collaboration With The State And Central Government. The Project Will Be Developed Under Public Private Partnership (PPP) Model. The Group Aims To Participate To Build Integrated Smarter Communities Across Major Cities Of The State. This Will Be Done By Undertaking Projects In Power And Water Distribution Services, Municipal Solid Waste Management, Sewage Treatment, Drainage And Storm Water Management, City Wi-Fi And, Cable And Broadband, City Gas Distribution And Intelligent Traffic Management System. Essel Group Is An Indian Conglomerate Company.

6288 Global Hospitality Major Carlson Rezidor Hotel Group Plans To Add 3,000 New Rooms To Its Portfolio Under Various Brands Across India Over The Next 3-4 Years. The Hotel Group Which Has Been Primarily Into Big Cities In India, Will Have Most Of Its Planned 27-28 New Hotels In Tier-II Cities Of The Country. The Total Numbers Of Rooms Under Construction Are Around 3,000 And These Hotels Will Be Operational Over The Next 3-4 Years. Carlson Rezidor Hotel Group Has Over 1,350 Hotels In Operation And Under Development In More Than 105 Countries Across The World. Carlson Rezidor Plans To Grow Its Portfolio To Nearly 1,500 Hotels In Operation And Under Development By 2015.

6287 Coal India Has Signed Mou With Solar Energy Corporation Of India (SECI) To Install 1,000 MW Solar Power Plants In The Solar Parks In Different Parts Of India Including Andhra Pradesh And Telengana. Coal India Limited Is An Indian State-Controlled Coal Mining Company.

6286 Total Investment To The Tune Of About Rs 1,10,000 Crore Is Projected To Flow To The Beleaguered Energy Sector In Uttar Pradesh By 2016-17. The State Government Is Targetting To Ramp Up Power Availability To Over 20,000 Megawatt (Mw) By 2016-17 From Current Level Of 10,000 Mw From All Sources. Besides, Transmission Projects Would Entail Investment Of Over Rs 22,500 Crore In The Private And Public Sectors. Much Of This Investment Would Flow Towards Setting Up New Sub-Stations To Increase Capacity. Power Distribution Projects Would Get Total Investment Of Over Rs 9,100 Crore, While Rural Electrification Projects Would Receive Investment Purse Of Rs 12,500 Crore.

6285 The Greater Hyderabad Municipal Corporation (GHMC) Would Set Up Toilets In At Least 100 Government Schools And Maintain Them. Besides, As Part Of Urban Biodiversity Drive, A Survey Of All The Vacant Lands Was To Be Taken Up And Greenery Planted. According To GHMC, That Road Repairs Would Be Taken Up Immediately On Damages Being Noticed To Make Driving Safer.

6284 Realty Firms Ashiana Homes And Landcraft Projects Will Jointly Invest About Rs 650 Crore Over The Next Five Years To Develop A Housing Project In Gurgaon. Ashiana Homes And Landcraft Have Formed An Equal Joint Venture To Develop The 14-Acre Housing Project Located On Dwarka Expressway. The Construction Of First Phase Comprising 450 Units Have Started, Which Would Be Delivered By Mid-2017 And The Second Phase Would Be Launched Next Year. The Entire Project Would Get Completed By 2019.

6283 Fastrack Is Now Going To Rapidly Increase Its Store Count In The Next One Year To Reach 300 End Of December 2015. Fastrack Is Revamping Its Owned Stores In Its New Retail Format. Fastrack Is Evaluating Many More Categories That Are Un-Organised, Under-Penetrated And Under-Served To Launch New Products.

6282 Government of Telengana has announced the establishment of a massive industrial park dedicated to pharmaceutical manufacturing activities. The proposed 'Hyderabad Pharma City' will come up in an area of 11,000 acres at Mucherla in the neighbouring Rangareddy district and will be designed as a self-contained facility with residential townships. The project would be developed as a zero liquid discharge facility while adequate safeguards will be taken to make it environmentally safe and pollution-free.

6281 National Thermal Power Corporation Limited (NTPC) has approached the Ministry of Environment and Forest seeking amendments to Terms of Reference (TOR) for its proposed expansion of Telangana's Ramagundam power plant to 2x800 mw. 1600 mw power plant will be set up at the existing location in Ramagundam. The cost of project would be between Rs 5.5 crore to Rs 6 crore per MW and the Board has already approved the proposal. Government of Telangana has recently requested Ministry of Coal to allot 8 MTPA coal for the proposed expansion (Phase-I) which is expected to begin April 2018.

6280 Jewellery major Joyalukkas has chalked out a Rs 1,500-crore expansion plan that entails setting up 20 stores in India and 10 overseas. The new stores, which will come up next fiscal, will add to the Thrissur-headquartered company's existing 95 outlets. Some of the new stores in India will come up in tier II cities. Joyalukkas is an ISO certified Indian jewellery group.

6279 Government Of Haryana Plans To Develop An Integrated Multi-Modal Logistic Hub (IMLH) As Part Of The Delhi-Mumbai Industrial Corridor (DMIC) Project. Proposed To Be Developed Over 1,200 Acres Of Land Adjoining Delhi-Mumbai Freight Corridor Near Industrial Model Township Bawal, The Ambitious Project Will Prove To Be Driver For The Future Growth In The Southern Haryana Region And Boost State Economy. Besides, It Was Also Decided To Expand The Industrial Model Township At Bawal Over An Area Of 2,400 Acres. This Integrated Multi-Modal Logistic Hub Would Be Developed In Public-Private-Partnership (PPP) Mode In Collaboration With Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) And Is Likely To Be Operational In The Next Two To Three Years Time. The Project Is Envisaged To Develop EXIM Container Yard, Domestic Container Yard, Warehousing, Auto Zone And Commercial Zone. The DMIC Project In Haryana Would Cover 66 Per Cent Area Of The State Across 14 Districts.

6278 Apollo Hospitals Has Started The Construction Of A Rs 400 Crore Medical College And Hospital With A Capacity Of 1,000 Beds At Kolkata. A 14-Acre Plot On Batanagar's Hiland Riverside Has Been Provided Free Of Cost By The State Government Where Apollo Institute Of Medical Sciences And Research Would Come Up By By 2020. The First Phase Of The Institute Would Be Ready By 2017, With 500 Beds For Patients And 100 Seats For Medical Students.

6277 The Government Is Planning To Revive Stalled Power Projects And Build New Infrastructure For Electricity Distribution In Frontier Regions Like Jammu & Kashmir, Which Is In The Midst Of Assembly Elections, And Also In The North East. The Long-Delayed Teesta Hydropower Project In Sikkim, Will Be Resuscitated And The Subansiri Hydropower Project In Assam And Arunachal Pradesh, Which Is Among The Largest Projects Of The NHPC, Will Also Be Revived. Besides, Government Plans To Build New Power Transmission Infrastructure In Leh, Kargil And Srinagar .

6276 Bharat Petroleum Corp Will Invest Rs 4,588 Crore ($741.44 Million) To Diversify Into The Petrochemicals Business. The Company Will Produce Niche Petrochemical Products, Which Are Predominantly Imported Into The Country, At Its Kochi Refinery Using Propylene That Will Be Available Once The Ongoing Refinery Expansion Is Completed. The Project Proposal Will Now Be Submitted For Obtaining Environmental Clearance And The Petrochemical Unit Is Expected To Come On Stream During Financial Year 2018-2019.

6275 The Kerala State Fisheries Department Has Earmarked Rs. 60 Lakh For Opening Three Modern Fish Malls, One Each In Kochi, Thiruvananthapuram And Kozhikode. Work On The Fish Malls Would Begin As Soon As Land Was Made Available By Municipal Corporations. According to Fisheries Department An Effluent Treatment Plant Would Also Be Established.

6274 Smartphone Maker Xiaomi Plans To Set Up Its Own E-Commerce Platform In India To Sell Its Devices And Accessories And Is Also Looking At Possibilities To Assemble Phones Here In The Future. In India, It Has Partnered With Flipkart To Sell Its Devices, The Mi3 And Redmi 1S Smartphones. Xiaomi, Which Entered India Just Three Months Ago, Has Sold 500,000 Units Up Till Now. Xiaomi Inc. Is A Privately Owned Chinese Electronics Company

6273 MRF Has Embarked On A 3-Year Expansion Programme Involving An Investment Of Rs.4,000 Crore To Ramp Up Capacities Across Its Factories. MRF Is Planning To Expand Its Capacity, In Facilities Including Hyderabad, Trichy And Goa.

6272 Health Club Chain Anytime Fitness Will Invest Rs 75 Crore To Open 40 New Centres Across The Country By The End Of The Next Year. The New Centres Will Be Based On Franchise Model. New Centres Will Come Up In In Metro Cities As Well As Tier II And III Cities Such As Delhi NCR, Bangalore, Mumbai, Chennai, Hyderabad, Kolkata, Ahmadabad, Surat, Lucknow, Nagpur, Pune, Ludhiana, Chandigarh, Jalandhar, Amritsar, Guwahati And Vishakhapatnam. Anytime Fitness Is A 24-Hour Health And Fitness Club

6271 Gianesin Canepari & Partners (GC&P), An Italian Lean Management And Business Consulting Company, Plans To Bring In More Than Rs 150 Crore Of Investment Into The Indian Food And Beverages Sector Over The Next Three Years. It Plans To Set Up A Chain Of Italian Restaurants Called Macchiato And Launch Wines Under The Tere De Vinegia Brand. Company’s Wine Collection Soon Launched In The Indian Market Next Month.

6270 Godrej Tyson Foods Plans To Invest Around Rs 8-10 Crore In Creating Chillers And Freezers In The Next Couple Of Years, To Accelerate Growth. Currently, The Company Is Present In 68 Cities Across The Country And In The Next 2-3 Years Company Is Targeting To Cover 100 Cities.

6269 Hindustan Coca-Cola Plans To Invest Rs. 1,000 Crore To Build Its Facility To Make Aerated Soft Drinks. The Project Is Being Established At Kadechur And Badiyala Villages Of Yadgir District. For This Project, Hindustan Coca Cola Beverages Has Been Allotted 250 Acres Of Land. Apart, A Proposed Railway Coach Factory Has Also Been Allotted 150 Acres Of Land While Mphanite Solutions Has Been 125 Acres In The Industrial Area, For Which 3,232 Acres Of Land Had Been Acquired. The Railways Department Had Floated A Tender For Setting Up Railway Coach Factory And By March 2015 Construction Activities Will Commence.

6268 The renewable energy ministry has proposed a gross budgetary support of Rs 4,050 crore for setting up 25 solar parks of 500 mw each and ultra-mega solar power projects to add 20,000 mw green generation capacity in the next five years. starting with Rs 500 crore in 2015 and rising to Rs 1,400 crore in 2018-19.The parks would be developed in collaboration with state governments. Altogether 12 states have given their consent for setting up solar plants.

6267 Technology major Hitachi Data Systems (HDS) plans to invest big in India's telecom sector, data management, data protection and citizen security systems in the coming years. The company is already in talks with Indian government to extend its expertise in converging technologies for enterprises such as financial institutions and government departments. Hitachi Data Systems is a company that provides modular mid-range and high-end storage systems, software and services. It is a wholly owned subsidiary of Hitachi Ltd.

6266 Steel Authority of India Ltd (SAIL) plans to invest 1.50 lakh crore by 2025-26 to increase the production capacity at its five integrated plants from 23.5 million tonnes per annum (mtpa) to 50 mtpa. Steel Authority of India Limited is one of the largest state-owned steel making company.

6265 Hosiery products manufacturer Rupa & Co is considering setting up its first overseas manufacturing plant in Bangladesh. The plan would take shape in the next few years. The plant will make knitwear items for the Bangladesh market. The company has several manufacturing units in the unit.

6264 Budget Hotel Player Lords Hotels & Resorts Is Expanding Its Footprint In India Across Tier II And III Port Towns. It Will Have Five New Properties In Dahej, Kandla, Rajula, Porbandar And Dwarkadhish. The Company Will Add Four Properties In Cities Such As Agra,Jammu,Maduda(Karnatka) And Savli(Baroda) In The Next One Year.

6263 Chinese E-Commerce Giant Alibaba Will Invest More In India With Indian Entrepreneurs And Technology Companies. The Company Is Looking To Expand Its Wings In India, Which Is Home To The World's Third-Largest Internet User Base. According To Consulting Firm Technopak, The Size Of The Domestic E-Tailing Industry Is Forecast To Expand To $32 Billion By 2020 From $2.3 Billion Now. Alibaba Group Holding Limited Is A Chinese E-Commerce Company.

6262 About 200 New Public Toilets Will Come Up Across North Delhi, With The Local Civic Body Having Identified The Sites During A Recent Survey. The North Corporation Has Also Recently Taken Over 336 Water-Less Urinals From Contractors Who Were Unable To Operate The Facilities. Another 100 High-Tech E-Toilets In North Corporation Primary Schools Were Also Proposed.

6261 Revving Up The Throttle On Its Expansion Plans Following 'Huge' Demand, Premium Motorcycle Manufacturer Royal Enfield Is Looking At Ramping Up Production At Its Two Facilities Here Besides Setting Up A Third Plant. Royal Enfield Currently Has Two Manufacturing Facilities One Each At Tiruvottiyur And Oragadam. For The Proposed Third Unit At Vallam Vadagal Over 50 Acre Land Was Acquired At A Cost Of Rs 57 Crore.

6260 Ford India Private Limited Is On Course To Commission Its New Plant In Sanand In Gujarat By First Half Of 2015. The Sanand Plant Will Double Ford India’s Installed Manufacturing Capacity To A Total Of 4.4 Lakh Vehicles A Year. The Company Currently Manufactures Vehicles At Its Plant In Chennai Which Has An Installed Capacity Of Two Lakh Vehicles Per Annum And After Commissioning Of Sanand Plant, It Would Go Upto 4.4 Lakh Vehicles Per Annum

6259 Realty Firm Supertech Will Invest About Rs 350 Crore Over The Next Four Years To Develop An Affordable Housing Project At Gurgaon That Will Offer Units In A Price Range Of Rs 13-20 Lakhs. It Would Develop Nearly 2,000 Flats In The 12-Acre Housing Project And This Would Be Under The Haryana Government Policy On Affordable Housing Announced In August 2013. The Flats Would Be 404 Sq Ft, 546 Sq Ft And 592 Sq Ft Carpet Area. Nearly 1,750 Flats Would Be Of 546 Sq Ft Area. The Project Would Be Delivered In The Next Four Years And Construction Would Be Done Using Pre-Cast Technology.

6258 India's ITC Limited Will Build A 300 Million US Dollar Mixed Development, Including A Hotel And Apartments In Sri Lanka's Capital Colombo. The Company Earlier Had Plans To Invest About 140 Million US Dollars In The Development. ITC Has Been Given State Land In Colombo's Galle Face Beachfront. ITC Colombo Plans To Build About 350 Rooms In The First Phase, More Than 170 Luxury Residences, World-Class Banqueting And Cuisine Experiences As Well As Retail And Full Service Office Space. The Project Is Expected To Commence Commercial Operations In August 2017 As Per The Agreement Signed With The Board Of Investment Sri Lanka (BOI). ITC Plans To Add Another 100 Hotel Rooms And 70 Luxury Apartments In Its Second Phase.

6257 Spanish Wind Energy Firm Gamesa Plans To Invest 100 Million Euro In The Next Five Years And Will Produce Larger Turbines At The New Production Line At Its Plant. The Company Has Two Facilities In Gujarat - A Blade Manufacturing Plant And A Tower Facility, Which Is Part Of Joint Venture With Daniel Alonso Group. Gamesa India, Also Inaugurated A New Production Line At Its Nacelles Plant At Mamandur, About 70 Km From Chennai, To Manufacture Larger Wind Turbines With Longer Rotors. The Company Is Planning To Produce 50 Turbines Of 100 MW Capacity At The Plant.

6256 Union Cabinet Has Approved, North Eastern Region Power System Improvement Project (Nerpslp) For Six States (Assam, Manipur, Meghalaya, Mizoram, Tripura And Nagaland) For Strengthening Of The Intra State Transmission And Distribution System At An Estimated Cost Of Rs.5111.33 Crore. The Scheme Is To Be Taken Up Under A New Central Sector Plan Scheme Of Ministry Of Power (Mop). The Scheme Is To Be Implemented With The Assistance Of World Bank Loan And The Budget Of Mop. The Project Shall Be Implemented Through PGCIL In Association With Six NER States In 48 Months From The Date Of Release Of Funds To PGCIL. After Commissioning, The Project Will Be Owned And Maintained By The State Governments.