SAGE Group to Invest Rs 14.50 Bn in MP, Expanding in Renewables & Hospitality

25 Feb 2025 CW Team

A significant portion of this investment, amounting to Rs 5 billion, will be directed toward developing the renewable energy industry in the state. Additionally, Rs 3 billion has been allocated for the construction of a new hotel, further strengthening the group’s presence in the hospitality sector.

Madhya Pradesh is experiencing rapid economic growth, and this investment aligns with the state's developmental trajectory. The initiative is part of a broader effort to support India's transition toward becoming a developed nation, leveraging opportunities in key sectors.

Beyond industrial investments, SAGE Group has made substantial contributions to the education sector. The group currently oversees educational institutions with an enrollment of approximately 40,000 students across universities and international schools, playing a vital role in shaping the academic landscape of the state.

The investment announcement comes amid the "Invest MP Global Investor Summit" (GIS) 2025, taking place in Bhopal on February 24-25. The summit aims to highlight Madhya Pradesh’s investment potential, attracting both global and domestic investors. Entrepreneurs from 60 countries have been invited to explore business opportunities, with participation from 13 ambassadors, six high commissioners, and several consul generals from key strategic nations. The event underscores Madhya Pradesh’s commitment to fostering international business relations and strengthening its economic infrastructure.

With this investment, SAGE Group reinforces its commitment to sustainable growth, economic development, and industrial expansion in Madhya Pradesh.

News source: First India

SAGE Group, a prominent business conglomerate, has announced an investment of Rs 14.50 billion in Madhya Pradesh, with a focus on the renewable energy sector and other industries, including hospitality. The announcement was made during the Global Investors Summit in Bhopal. A significant portion of this investment, amounting to Rs 5 billion, will be directed toward developing the renewable energy industry in the state. Additionally, Rs 3 billion has been allocated for the construction of a new hotel, further strengthening the group’s presence in the hospitality sector. Madhya Pradesh is experiencing rapid economic growth, and this investment aligns with the state's developmental trajectory. The initiative is part of a broader effort to support India's transition toward becoming a developed nation, leveraging opportunities in key sectors. Beyond industrial investments, SAGE Group has made substantial contributions to the education sector. The group currently oversees educational institutions with an enrollment of approximately 40,000 students across universities and international schools, playing a vital role in shaping the academic landscape of the state. The investment announcement comes amid the Invest MP Global Investor Summit (GIS) 2025, taking place in Bhopal on February 24-25. The summit aims to highlight Madhya Pradesh’s investment potential, attracting both global and domestic investors. Entrepreneurs from 60 countries have been invited to explore business opportunities, with participation from 13 ambassadors, six high commissioners, and several consul generals from key strategic nations. The event underscores Madhya Pradesh’s commitment to fostering international business relations and strengthening its economic infrastructure. With this investment, SAGE Group reinforces its commitment to sustainable growth, economic development, and industrial expansion in Madhya Pradesh. News source: First India

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..