Industrial

Peenya is one of the largest industrial hubs in Asia, contributing significantly to the state’s economy, exports and job creation. However, the poor condition of basic infrastructure, especially roads, is a matter of serious concern for industrialists and investors, Peenya Industrial Association said in its letter.

YEIDA allots 190 acre parcel to Escorts Kubota for a Rs 4,500 crore tractor unit near Jewar airport

Apart from the Rs 4,500 crore investment for tractor manufacturing unit, Escorts Kubota's proposed investment will provide employment to 4,000 people in phased manner.

Karnataka Industrial Areas Development Board floats tender for Rs 4,500-crore loan

The money will be used for acquiring land, developing industrial areas and implementing water supply schemes

Karnataka: Technicolor employees, IT Union file industrial dispute over mass layoffs

A delegation of Technicolor employees and KITU met the State Labour Commissioner in Bengaluru on March 4. The Labour Department issued a notice to the firm and called for a conciliation meeting on March 11.

Karnataka unveils industrial policy 2025-2030, targets Rs 7.5 lakh crore investments, 20 lakh jobs

 The policy offers a 10 percent additional incentive for industries co-locating R&D centres/GCCs with manufacturing units to drive innovation. Special incentives will be provided for industries with higher female workforce participation and those setting up in backward and most backward taluks to promote equitable growth.

Cyient DLM: Q3 internals signal mixed demand trends

The integration of Altek Electronics complements Cyient’s business, enhancing the product mix

Karnataka to avail Rs 5,000 crore loan to facilitate water supply and infrastructure in industrial areas

Karnataka Large and Medium Industries Minister MB Patil also announced a Startup Park in Bengaluru on September 5

Actis-Mahindra Lifespaces JV to invest Rs 800 cr in Chennai to develop industrial and logistics park

Mahindra Lifespaces and Actis announced the collaboration in 2022, with the joint venture aimed at developing industrial and logistics infrastructure across India

Chevron and HPCL launch lubricant brand Caltex, eyes OEM partnerships

The launch reflects Chevron's entry into the crowded lubricant market as India witnesses rapid growth in the sector, with buoyant demand from automotive and industrial companies.

Industrial and warehousing sector touches 22.4 million sq ft of leasing in H1 2023, up 7%: Savills

However, the e-commerce sector absorption dropped from 13 percent last year to 3 percent in H1 2023.

Govt mandates phased rollout of time-of-day tariffs; asks states to offer discounted rates during solar hours

Tariffs during solar hours should be at least 20 percent lower than the usual tariffs across all categories. Also, the ToD tariff specified by the state commission for C&I consumers during the peak period of the day shall not be less than 1.20 times the normal tariff and for other consumers, it shall not be less than 1.10 times the normal tariff, as per the latest amendments by the government

Yamuna Expressway Authority mulls plot relocation policy to avoid possession delay

The proposal is likely to be taken up for discussion and approval at the Authority’s next board meeting on June 16.

Titagarh Wagons, manufacturer of Vande Bharat coaches, seeks 100 acres of land from YEIDA

Sources said the company is looking to set up a factory to manufacture rail coaches and wheels.

Greater Noida Authority approves Rs 4,378 crore budget for FY24; allocates Rs 450 crore for Jewar airport

The Authority has also set aside Rs 1,000 crore for acquiring land in its jurisdiction. Also, land allotment rates have been revised upwards.

Industrial and logistics leasing may slow down to 32-35 mn sq ft on economic woes: Report

The report predicted that the supply forecast is expected to exceed 2022 levels and touch 24-26 msf in 2023.

Greater Noida Authority e-auctions industrial and commercial plots for over Rs 350 crore

The authority noted that the industries coming up at these plots are expected to provide employment to 1,500 to 2,000 people.

Noida Authority e-auctions 16 industrial plots for over Rs 87 crore, to attract investment of Rs 150 crore

The reserve price for these industrial plots was Rs 35.84 crore. The e-auction received an encouraging response from the bidders and bids worth Rs 87.64 crore were received during the auction.

Industrial and warehousing demand up 9% in January-September: Colliers

Demand remained resilient during the third quarter of this year as well at 6.7 mn sq ft, highest since the first quarter of 2021.

Coronavirus outbreak pushes up industrial rents in Delhi by 2.5%

Given that the Indian market is largely unorganised, the scope for growth in large, investment-grade warehousing developments remains huge, says a report by Cushman & Wakefield.

Industrial, warehousing space leasing likely to grow by 83% in 2021: Savills India

Manufacturing, 3PL, e-commerce and Tier-II cities drove growth in 2020, A 113% increase in supply to 47.9 million sq ft is expected in 2021

Post-GST, $500 mn invested in industrial and logistics sector

Going forward, the share of tier II cities in logistics shipments in India is expected to grow

Modi launches first greenfield smart industrial city Auric

The mega project in the parched region of Marathawada region of Maharashtra is part of the upcoming Delhi-Mumbai Industrial Corridor

Commodities@Moneycontrol | Roundup of key happenings in the market

Here's a roundup of key updates in the commodities market.

Industrial space to emerge as next organised property asset class in India: Report

India is an integral part of the overall conception of ‘One Belt, One Road’ and investment interest from Chinese enterprises seems to have abated over the past year, the report noted.

IFSEC India Awards: Recognising excellence in security industry

In today's Indian landscape focussing on security and surveillance is the critical need be it in industrial, commercial or residential establishments. The security industry is undergoing a paradigm shift. With the increased focus on security, UBM -- a leading exhibition organiser -- organised a 10th edition of IFSEC India Awards 2016.