The company has already submitted its investment intent to government of Uttar Pradesh for the acquisition of land.
"The company is planning to invest Rs 1,000 crore over the next few years to set up a greenfield state-of-the-art epoxy manufacturing plant," DCM Shriram said in a statement.
Prime Minister Narendra Modi inaugurated Gujarat's first Greenfield airport on July 27. Rajkot International Airport, also known as Hirasar Greenfield Airport,, is a 2,534-acre facility that constructed at an estimated cost of Rs 1,400 crore. Watch to know more.
The Airports Authority of India to spend Rs 25,000 crore in the next five years to boost infrastructure facilities.
The mega project in the parched region of Marathawada region of Maharashtra is part of the upcoming Delhi-Mumbai Industrial Corridor
The total orderbook now stands at Rs 10250 crore, said Nitin Patel, Director, Sadbhav Infrastructure Project.
While the aviation companies are busy expanding their fleet to meet growing passenger demand, infrastructure woes and lack of space is adding to travelers woes. Routine issues of congestion is compounded by staff constraints with one aircraft pressed in for six to seven flights each day, delays are unavoidable.
Chennai-based MRF, the country‘s largest tyre maker by capacity, will invest Rs 4,500 crore in a green field manufacturing plant based in Gujarat.
A third of the funding will come from internal accruals while the rest will come from borrowing, says Vipin Agarwal, President and Chief Financial Officer, Deepak Fertilizer. The company's total debt in the books in Rs 1500 crore.
Kewal Handa, Former MD, Pfizer believes easing of FDI up to 74 percent for the brownfield projects would see more MNCs coming into India and more mergers and acquisitions in the sector.
"India replaced China as the top destination for FDI by capital investment following a year of high-value project announcements specifically across the coal, oil and natural gas and renewable energy sectors," the report said.
India's first private Greenfield airport in Durgapur, West Bengal is now operational. Developed by Bengal Aerotropolis Projects limited, the company which says it is also the first in India to launch an Aerotropolis.
The company also stated that post the stake buy, the group's regional capacity mix stands at 48 percent in South and 52 percent in East and North-East. Dalmia Cement has ongoing Greenfield projects which along with acquired capacities will take the group capacity to around 24 milion tonnes in FY16.
In an exclusive interview to CNBC-TV18, Maharashtra chief minister Devendra Fadnavis speaks about his vision "Mumbai Next" and his dream for the city as well as Maharashtra.
Currently, Lumax Industries‘ order book stands at Rs 6000 crore for projects in the next 3-5 years.
The large cap company had applied to the Reserve Bank of India (RBI) to up FII shareholding limit to 49 percent in October 2013. The central bank approached the FIPB for clarity on policy.
According to Akash Gupta, one could now see more and more alliances happening going forward and why not because many existing Indian retailers have ready platform for foreign retailers to get into the Indian retail space
CNBC-TV18‘s Archana Shukla reports on the latest circular on FDI issued by the commerce ministry has made the Foreign Investment Promotion Board‘s (FIPB) nod mandatory for all brownfield FDI in pharma
In 2008 Young Turks, Puneet Dalmia, Managing Director of Dalmia Cement had been an inspiration to several young entrepreneurs. He is now on a mission to conquer Mount Everest. He wants to take the group revenues to over USD 10 billion by 2015.