Meghalaya Opens North East’s Largest Spice Plant
Union Finance Minister Nirmala Sitharaman recently inaugurated the Organic Spice Industrial Unit, PRIME-HUB, at Bhoirymbong in Meghalaya. The facility is being positioned as the North East’s largest organic spice processing plant and is expected to strengthen Meghalaya’s agro-industrial and organic farming ecosystem.The project was developed with an investment of Rs 300 million (mn) and is designed to process over 10,000 metric tonnes of organic spices annually. It will directly benefit 5,500 farmers across 112 villages, supporting improved livelihoods, value addition and market access for..
Recykal Raises USD 23 Mn Bridge Round
Recykal, a Hyderabad-based technology platform for waste management and the circular economy, recently raised USD 23 million in a bridge round through a mix of primary and secondary capital. The round saw participation from existing investors and select new family offices.The fresh capital will be used to strengthen Recykal’s technology platform, accelerate its Deposit Return System (DRS) deployments, expand behavioural change solutions in waste management, and support international growth. In FY26, the company reported gross revenue of Rs 14.98 billion, up 53.2 per cent from Rs 9.78 billion..
Office REIT Penetration May Reach 30% by 2030
Office REIT penetration in India is expected to rise from the current 19 per cent to 25–30 per cent by 2030, while industrial and warehousing InvIT penetration may increase from 4–5 per cent to 7–10 per cent, according to Colliers India.The findings are part of Colliers’ report, India REITs: Gaining scale & unlocking value. The report says the operational portfolio across listed REITs and InvITs has crossed 195 million sq ft, with an upcoming pipeline of about 37 million sq ft as of March 2026.Office assets continue to dominate the portfolio, accounting for around 84 per cent of th..

