Arete Group To Invest Rs 12 Billion In Phase Two Of Gujarat Industrial Park

24 Apr 2025 CW Team

Arete Group has announced an investment of Rs 12 billion for the second phase of its Payal Industrial Park project in Gujarat. The expansion is aimed at enhancing industrial infrastructure and attracting a wide range of manufacturers to the state.

Established in 1990, Arete Group operates across industrial parks, real estate, retail, and investment sectors. The Payal Industrial Park, which spans over 3,500 acres, is located in Dahej, a key industrial region in Gujarat. The second phase of development will include new infrastructure to support chemical, pharmaceutical, and engineering industries, in line with Gujarat’s positioning as a global manufacturing hub. The group plans to build sustainable and integrated facilities, including logistics support and effluent treatment plants.

According to company officials, the investment aligns with national goals of ‘Make in India’ and aims to generate significant employment opportunities. The project is also expected to attract ancillary industries and small and medium enterprises to the region.

Arete Group previously invested Rs eight billion in the park’s first phase and has already leased space to several large manufacturing firms.

Source: PTI

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..