YEIDA
The Yamuna Expressway Industrial Development Authority (YEIDA) has allotted 150 acres of land for the Apparel Export Cluster (Textile Park) to be built in the NCR on the outskirts of the national capital. A total number of 152 companies will set up their factories at the textile park at an estimated cost of ₹8,365.73 crore offering job generation avenues to over five lakh people. The construction of 91 textile and garment factories is expected to start in the first month of next year. On completion of the construction of 91 textile and garment factories, the park will not just enhance Noida's stature in the garment and textile sector within the country, but also contribute significantly towards making UP the textile hub of North India. UP is the third largest textile producing state of the country with a 13.24 per cent share in textile production at the national level and ranks fifth in the country in terms of handlooms and silk production. Meanwhile, impressed with the state CM's investor-friendly policies, 66 major industrialists of the country and abroad have submitted proposals to the Government to invest ₹8,715.16 crore in the textile and garment sector in the past four years. Out of these 66 proposals, 12 textile factories have already been set up in the state while construction of 18 others is in progress and there is a target to start production in the 18 textile factories this year itself.
Gulf Islamic Investment (GII), a leading UAE-based Sharia-compliant financial services firm, has committed to invest ₹3,500 crore in India and will open

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The Jammu and Kashmir administration has signed a Memorandum of Understanding (MoU) with the Dubai government for the development of real estate

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Larsen & Toubro Limited has emerged as the lowest bidder for the construction and maintenance of the first three buildings of the Common Central

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The Confederation of Real Estate Developers Associations of India (CREDAI) Kochi chapter urged the government to intervene and control the

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Driven by rapid growth in urbanisation, infrastructure development and rising need for ease in passenger mobility, incredible opportunities are in sight

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Ambuja Cements Limited, following the lead of the Holcim group, has developed and got validated its 2030 carbon emission reduction targets by the

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The State Level Single Window Clearance Authority (SLSWCA) in Odisha has approved eight proposals of ₹1,411.58 crore covering sectors like manufacturing, food processing, steel downstream, fertilizers and hospitality

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Generic Engineering Construction and Projects has been awarded ₹180.38 crore (including GST) work orders for various institutional projects from various reputed clients, existing as well as new

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Sterling and Wilson Solar Limited (SWSL/ Company) has received the first order worth ₹1,500 crore for its waste-to-energy business from a leading developer of energy assets in the UK and Europe. It will expand its renewable

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In a major boost to urban infrastructure in and around the Hyderabad city, the State government has approved two mega projects worth over ₹5,000 crore through two separate orders covering drinking water and sewerage infrastructure

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The GST council through its clarification dated June 17 2021 and vide subsequent policy circular issued by the National Highways Authority of India, has made 12% GST applicable on annuity payment for HAM projects

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Tamil Nadu Government has rolled out an ambitious plan worth ₹1,000 crore for Kalaignar Nagarpura Membattu Thittam (KNMT) to match the infrastructural deficit in the urban local bodies, especially municipalities

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Ashok Leyland, flagship of the Hinduja Group, has signed a Memorandum of Understanding (MoU) with Federal Bank to enter into a strategic financing partnership. Under it, Federal Bank will be able to provide end

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In an initiative for the development of Krishnapatnam Industrial City, the APIIC has invited tenders for ₹1,190 crore infrastructure works including roads, bridges, potable water supply network, fire fighting system, recycle

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The date for International Sourcing Exposition for Elevators & Escalators (ISEE) has been changed to 1-3 December 2022. This decision has been taken respecting the sentiments of the exhibitors that the impact of the

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KEC International Ltd., an RPG Group Company, has secured new orders of ₹1,157 crores across its various businesses. In Civil, it has secured an order of ₹173 crores for the construction of a new airport terminal

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Avigna Industrial and Logistics Park, has forayed into Hoskote area in Karnataka, with a 4 million sq ft Grade-A warehousing facility involving ₹600 crore investment. The industrial park will have a Grade-A warehousing

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Rodic Consultants Pvt. Ltd has launched a business unit, A-TOM (Advisory for Transaction, Organizational Support & Management). A-TOM has been curated to handhold infrastructure clients

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Lifting operations are about to become significantly safer across India and the GCC, as DAL-LAGO is now distributing Verton's world-first lifting and orientation technology across these regions. Verton's wireless lifting

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DP World has planned to build infrastructure projects involving ₹2,000 crore investment in Tamil Nadu. It includes the setting up of a new container terminal, cold storage, cold chain and seafood processing zone

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